It was a slaughter. After enjoying 8 Months of a new bull market in miners, the cabal struck. Retail and hedge funds are in disarray after the merciless attack from the algo-panzers divisions. Gold-bugs were caught with their flanks exposed as armored divisions unloaded multiple key-stroke salvos into their least defensible positions. After this week, the gold miner and silver miner battlefield was strewn with the smoking, mangled carcasses of “once wealthy” traders. Fear now permeates the ranks of gold traders. Battlefield hospitals have placed extra psychiatrists on call for mass casualties.
What’s left of the decimated gold bug units are huddling in their bunkers trying to decide what their next move will be to counter the onslaught of the paper panzer power units. The stench of fear is over-whelming. Should they capitulate and turn over their paper to the ravenous paper eaters or should they stay on the casino battlefield and continue their valiant paper fight for freedom.
I think its probably clear by now that gold bug troops are about to be over- run by the blitzkrieg and should lay down their arms and ammo and run like little girls. Lay down your paper and you will be spared. The lesson is you can’t beat the big boyz and you just need to stay outta da casino.