Stuffed

"One minute you're up half a million in soybeans and in the next, boom, your kids don't go to college and they've repossessed your Bentley."
--Louis Winthorpe III

Many commodities, including crude, gold, and silver, have been getting jack hammered. Many are now trading at or below their 2008 credit market meltdown lows.

Just sector rotation? Perhaps but I don't think so.

This action jibes with all sorts of incoming data points that global growth is slowing quickly. Falling raw material prices reflect producer weakness.

Accordingly, leveraged speculators in this area are now facing margin calls...

position in gold, silver