POG tumbles................POG takes a big hit today down by about $40+, same big drops with silver and copper. Looks like the shorts will have their pound of flesh after all at the expense of SMF tomorrow. Of couse nobody knows why POG falls. It's the usual generic excuses of concern over Euro debt, pace of economic recovery in the U.S. Actually there is one more, the U.S. non farm payroll statistics to be released tomorrow will add to the market woes - that you can take to the bank!
It'll be a brutal day at the TSX tomorrow for sure - the result of a perfect storm.