This c rap isn't new... Sell the news and absolutely DUMP the good news has been the modus operandi of some group of market players (anti-gold pro-counterfeit, er fiat, currency bullion banks perhaps...thru their hedgies?) for almost a year now. I've had this happen in a dozen or more I own. It's a way of shaking out PM investors. There is NO fundamental reason for it, and the overused "sell the news" slogan doesn't apply at all as it has been ALWAYS sell the news for many months now.
But I'm with those that believe this too shall pass over the next few days and the big money that knows this is going on simply steps back and then scoops up whereever it's dropped to. I just doubled my position in the low 1.30s. Great news y'all!! This is games/manipulation at its worst.