Skylar Montgomery

There had been a huge amount of money that piled into precious metals, ETFs in particular, and the retail trade was very much a big part of this.

And we had a removal of one uncertainty on Friday, so the Worsh nomination was a trigger for some to take profits properly, and then that kind of spiraled as the medals declined and

you know, accelerated as you hit key levels.

We've basically undone the year-to-date gains now.

I'm hesitant, though, to say that decline is over, in part because we are still up in a longer time frame, so investors still could be incentivized to take profits.