The HUI was down, though Coeur again underperformed.
Jim Sinclair has this to say on his MineSet website. It makes sense.
"Between the emotions of fear and greed, the easiest to manipulate is fear. If you push the price of a situation or metal down, the fear emotion takes hold of the bullion or stockholders who panic. There has been a huge hedge fund play against gold shares using the human emotion of fear as their key tool. Even today it is still taking place."
BSG
bolnisi gold nl
coeur down again ..., page-7
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