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Silver Doctors
Gold and silver were greeted with a classic COMEX open waterfall smash this morning, with gold smashed through support at $1550 and down a massive $35 to $1525, and silver down a full dollar to $26.64!
The smash has gold trading back at July 2011 levels, prior to the US downgrade, QE2, QE3, and QE4!
*Update: free-fall 2nd leg of smash in progress, silver breaks $26.50 to $26.14, gold breaks $1500 with a 14 handle at $1495! [Read more...]
Reposted with permission.
Freaking manipulative crooks.