The PPT (Plunge Protection Team) have been working overtime over the last week in supporting the dollar and DJIA,.. and in slamming the POG.
The POG chart always had a weakness (the gap from $310 to $316), which has now been filled...
If it's any consolation, the world renound astrologer Mehandra Shandra predicted a sharp fall in POG from the 22nd June till the 2nd July, and following that, a rise in prices for the rest of the year.
I've never been a believer in astrology/prophesies... but perhaps he's right?!
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