The Gold/Silver "Rebalancing" Correction Will Run Its Course
Just the price of success
Think of what’s happening to gold and silver this week as the price of success. They rose so much over the past year that funds that hold commodity futures contracts now have to sell some of their gold/silver positions to maintain the required balance in their portfolios.
In other words, this is a very short-term issue. Here’s an explanation from Bloomb…