It would appear the news that the housing 'recovery' may not be as strong as every asset-gethering talking-head exclaimed [5] it will be in the face of soaring mortgage rates has driven investors to the safety of precious metals in a soon-to-be-re-stimulated economy as moar free money is clearly needed... (bonds are bid too on the Un-Taper inspiring news - and USD dumping - but stocks appear to have been side-tracked for now as the 'wedge' between fundamental reality and monetary-policy perceptions is shown even more egregiously).
[6]
who could have guessed...
[7]
[8]
Charts: Bloomberg