By EconMatters I was fully expecting a non-eventful Sunday afternoon when out of no where, precious metals started their contest of vertical drop, as shown in the following live charts from Kitco.com as of Sunday, May 1, around 7:00 pm EST. As expected, silver is the undisputed champion, dropping about 10% from the previous day’s close, glod, platinum each went down about 7.5%, while palladium lost about 2% (percentage based on spot prices on charts). For now, there does not seem to be any significant event that…
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