Peter Spina Market Quotations

As is so often the case in the precious metals, corrections tend to be vicious and quick. With the major move higher over the past several sessions, the gold market is working off some of the excesses.

Gold, silver and platinum started the week off on positive footing with continued excitement in the silver markets regarding the proposed silver ETF in the United States.

We are undergoing a healthy bull market consolidation, with the likelihood there may be more pain to the downside.