For the second day in a row, precious metals are being pounded as gold joins silver back below its 200-day moving-average…
Knocking gold back to 3-week lows…
All of which is odd given the chaos in the dollar… Two days of collapse in gold as the dollar goes nowhere…
And Treasury yields are surging – woith 5Y back at its highest since April 2011…
via http://ift.tt/2i3ECta Tyler Durden