http://seekingalpha.com/article/240976-gold-silver-oil-volatility-is-the-new-stability?source=dashboard_macro-view

conclusion:

And that’s why its important to understand that volatility is the new stability. Free and unencumbered markets only exist where they are too small to be participated in, and thereby manipulated by, the world’s biggest capital concentrations, which now dominate, manipulate and define market- and price-movements. But those small markets, such as in the shares of resource developers and explorers, are still subject to the macro whims of the financial top layer, who, when they decide to, plunge the market into momentary darkness while they pluck the fruits of their nefarious labour at our expense.

So investing in these smaller markets has to be done with this reality in mind. Our approach at Midas Letter now is that we no longer plan to hold stocks into their production phase, where they become institutional stories, because there is too much risk associated in holding them that long. If the big institutions decide it's time for another global asset harvest, positions which were growing well will suddenly be sunk underwater, and unless you have the deep equity position necessary to whether the storm, you will be relieved of your assets just as a baby can be relieved of his candy.