Saturday, April 27, 2013

The Gold, Silver Morning Smackdown Becomes A Smackup As ...

After recovering 50% of its record plunge last night, gold continues to rise this morning, topping $1450. Silver is even more exuberant this morning testing up to post-crash-low highs around $23.90. What is more interesting is that for three days in a row, instead of the seemingly ubiquitous morning smackdown of precious metals, we have seen a sudden desperate demand for silver and gold in the US morning.

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Silver is lagging gold's recovery for now...

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Charts: Bloomberg

Your rating: None Average: 4.8 (4 votes)

Source: http://www.zerohedge.com/news/2013-04-25/gold-silver-morning-smackdown-becomes-smackup-surge-continues

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