Gold and Silver have taken it on the chin over the last few days. Much of this has to do with a recent spike in the dollar versus currencies around the world. It seems that all risky assets were sold on Thursday and Friday and plowed into treasury bonds.
What is interesting is that silver moved much quicker than gold and we have seen a reversion to the mean with respect to all precious metals priced in gold. Platinum and Palladium look the most attractive after this last correction:
Platinum and Palladium look attractive versus gold
