“As the markets sold off on Thursday, gold, and silver were few of the only assets that remained in the green for the entire day. Thus, the notion that the precious metals will crash with the markets continues to be proven wrong. And what an ugly day it was as the Dow Jones fell 450 points at its low, while the Dollar, oil, and shale stocks were clobbered.
The precious metals are doing precisely what they are supposed to… and that is to protect investors while everything TURNS RED. But, I believe this is only a small taste of what is going to be an explosive precious metals rally when the markets get really ugly.”
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