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Gold & Silver Surge As Dollar Dumps

Just 3 weeks after the world could not purge itself fast enough of 'pet rocks', Gold is pushing to one-month highs this morning (at $1120) and Silver just broke a key technical level at its 50-day moving average as USD weakness and global turmoil have seen Precious metals gain for the last few days...

 

 

Good timing?

July 17: China increases official gold holdings by 57% August 11: China devalues Yuan

— zerohedge (@zerohedge)

Been a while since tens of millions of Chinese rushed into gold and bitcoin

— zerohedge (@zerohedge)