Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
Because nothing says dump gold and silver like an aggressively escalating currency war…
Once again the US-Europe crossover period is the witching hours for Precious Metals…
But as soon as Europe closed,. gold and USDJPY decoupled dramatically as the pair-trade-that-nobody-talks-about rolls on…
As it seems losses escalated after the European close… and as Oil flushed below $44
Margin calls? Or maybe the status-quo just cannot stand the outperformance…
Charts: Bloomberg