
Gold And Silver Plunge As EUR Reaches 15 Month Lows
Submitted by Tyler Durden on 12/29/2011 - 07:32 Aussie Copper France Investment Grade Portugal Sovereigns
It seems funds left redemptions until the last minute in the vain hope that everything will be fine in the European dis-Union as we see renewed selling pressure in EURUSD - taking out the January 2011 swing lows (as a mediocre Italian auction and failed Hungarian auction weigh heavily on the expectations for a 'solution' or firewall). Gold and Silver are also legging down hard (the latter now -9.5% from Christmas Eve) and the former loses $1550. Gold took out its September 2011 swing lows back to near six-month lows.
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http://www.zerohedge.com/news/gold-and-silver-plunge-eur-reaches-15-month-lows

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