|Paper muppet 700 yards|
Nothing to indicate a bottom is in and further pain is probably ahead but this is indeed a treacherous time and as I have stated previously the bottom will only be identified well after its established and you WON'T be on the up bus unless you get on a stop or two early.
Next on the agenda are the reports of silver and gold shortages developing. I can report that my LCS had only a little over five thousand dollars in bullion inventory left. The only gold they had was one 10oz bar. Some odd silver coins and some junk. He stated that he was unable to get any silver from his usual suppliers and they didn't give him a delay time. He was worried and had never seen anything like it.
Don't expect relief and if you have fiat left for bullion you may very well get a much lower spot price ahead but you won't be able to obtain bullion anywhere near the price. gl