Gold and silver prices crashing big but why Goldman says buy the dip – Gold falls to 4,415.70 while silver - The Economic Times
Down $128 from yesterday's close and Goldman's telling clients to buy. Welcome to the party, Wall Street. This pullback was overdue after gold's monster run past $2700. The fundamentals haven't changed. Central banks are still net buyers. COMEX registered inventory sits near multi-year lows. Silver's getting hammered harder than gold, pushing the ratio back above 60. That's your signal. Physical premiums aren't budging despite paper price weakness. The disconnect between paper and physical markets keeps widening. Smart money accumulates when others panic. This dip separates the wheat from the chaff.