Crude Crumbles To Fresh Lows: $43 Handle
Yet again this morning's "bounce" to $45 was heralded as maybe possibly could be the stability that markets are looking for. And once again it was not as WTI makes fresh cycle lows to a $43 handle.. and once again, energy stocks plunged back to energy credit's reality...
Another bounce, another new low... (breaking yesterday's $44.08 lows)
It would appear Silver and Crude are linked somehow - margin calls?
As Oil started to crack, so silver plunged on heavy volume...
Who could have seen this coming?
Charts: Bloomberg
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