Golden Minerals Company

Gold now down $42 from high in just over 2 hours...silver down $3.00. HUI , S&P DOW, CRB, Crude oil, ....is it "black hole time", August style?

Rumors of strong margin hikes for G&S seemed to be the catalyst, but Gold had run up from $1540 to 1682 and silver from $34.76 to $42.28 inomly one month, so a retrace was overdue, and the hard and fast retraces are the ones I like best.

This weakness will last no later than into Monday. Take another look at the moves up since early July and relax......pic