Gold & Silver Slammed Back Below FOMC Levels

Monday - Purge. Tuesday - Surge. Wednesday Purge.


As it seems USDJPY is responsible once again... (as the Gold/Yen trade rears its ugly head)


Although on light volume, gold and silver prices are tumbling this morning, now trading back below the pre-Dec 17th FOMC levels (making sure that status quo-huggers can point to them being down year-to-date as proof all is well in the world)...



Charts: Bloomberg