Because nothing says dump gold and silver like an aggressively escalating currency war...
[3]
Once again the US-Europe crossover period is the witching hours for Precious Metals...
[4]
But as soon as Europe closed,. gold and USDJPY decoupled dramatically as the pair-trade-that-nobody-talks-about rolls on... [5]
[6]
As it seems losses escalated after the European close... and as Oil flushed below $44
[7]
Margin calls? Or maybe the status-quo just cannot stand the outperformance...
[8]
Charts: Bloomberg
