margin call?, page-7

I agree, good chance there is plenty of forced selling going on.

Reality is when almost all gold stocks drop nearly 50% from their peaks (inc. the biggest- NCM) and many smaller ones much more; the sector usually drags them all down.

SLR is still only down 42% from peak. It's actually outperforming most still, even after the last two days.

Re gold price;
As long as the AUD is falling with USD gold, SLR’s profits are insulated.
We only need to worry if AUD gold price falls significantly.

Re gold price support;
Think about the following chart before sweating about support levels.
The chart below is why these markets look so manipulated to me. This sort of thing seems normal now and not just for gold.
In Dec last year, gold was sold down to just below the previous Oct closing low (broke support of end of day prices).
A couple of weeks later it was driven down far enough to also break the intraday low also made in Oct and it made another new low on the closing price.
Good reasons for many technical based traders to sell. However that low was (to the day) the start of a $250 rally.
Why does the gold price rally $250 after such obvious breaks of support unless it is manipulated to break support so those short can cover?
If we expect a similar push down before the next rally, perhaps we should expect a gold price of around 1500-1520 (another $40-60 decline from here- maybe a day or two assuming it happens). I am not trying to pick the turning point here but rather pointing out that when people think too much about support being broken on something that is fundamentally strong; maybe they shouldn't be getting so worried over a short term break of support- not when markets are manipulated so much.
1st chart from
http://www.netdania.com