Gold + Silver Spiking~~~~~~~~~~~~~!

[TreasureHunters]

Both were trending lower, but now spiked in the green. Did something just happen internationally? Large institutional buyer?

[link to goldprice.org]

[link to www.silverprice.org]

 

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[mjlalt]

Gold and silver got spanked last week. People are probably buying it up at a discount

 

[Ursus]

What I heard was that Cyprus was going to have to sell most of it's gold reserves as part of it's economic bailout and rumor was that Spain & Portugal could be forced to follow suit. A lot of gold could be hitting the market.