After consolidating and holding
support throughout the overnight Asian and London sessions, gold &
silver have once again been treated to a waterfall decline on today’s
COMEX open, with silver breaking below substantial support at $20, and gold plunging towards $1280.
*Update: While
gold has bounced off support at $1280, recovering all of it’s losses at
one point, silver has not been allowed to recover from the COMEX open
smash, and is again plunging into the access market close with a last of
$19.70!