Gold And Silver "Bitcoin"-ed As Stocks Are "Baumgartner"-ed

Tyler Durden's picture

Whether it was President Obama's call for moar debt, less spending cuts, and a safety bid from his implicit end-QE comments, technicals from moving-averages, or reflections of the USD weakness; precious metals are surging this morning... Stocks are tumbling further (as are bonds) back to EURJPY-implied levels... call for gold bubbles in 3...2...1...

 

 

And stocks have recoupled with the all-important carry trade...