so many of the indigenous North American natives felt like, or perhaps the buffalo, but PM bulls are being exterminated out of existence. It's incredible. Yet, as we all know, warning abounded for years, namely the extent to which this market is controlled and manipulated.
All those posts over the many years about the Cartel running out of ammunition (on at least a half dozen occasions) - there was absolutely no basis for those posts, IMO, and I think they did harm to many who took that as solace that the big move was coming. Now, I'm not convinced the big move is not coming, but who the heck will be left for that ride.
There are, of course, a few strongholds of resistance left, with KWN, Agoracom, GATA, and several others, but this is beyond brutal! Everything that makes sense tells you it has to turn when all is so very negative, but in a highly manipulated market, I'm not so sure that the rules are so strictly followed.
I sold some NEM puts today, 38.50 strike for March 8, got .35; I figure if it continues to go down, I'll take the stock and make a decent dividend.
On the other hand, AAPL's probably done worse than PM's since last September!
Good luck everyone!