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Precious Metals Flash-Crash After Silver Surged To 4-Month Highs, Gold Nears Election-Day Spike Highs

Courtesy of ZeroHedge. View original post here.

While stocks have been limping higher since around 2amET (following headlines on an imminent ICBM launch) they remain lower from Friday's close…

But precious metals the biggest gainers of post-North Korean "hydrogen bomb" testing safe haven flows.

Silver broke above resistance at early June highs to test $18 and the highest levels since April 25th…

But that was clearly not acceptable to someone…

At 0451ET, someone decided it would be an opportune time to dump over a quarter of a billion dollars nottional of gold into the futures market…

Taking out the Asia opening low stops. For now the gains in PMs are holding.


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