With another higher high for the move early today in the dollar and treasury yields hovering just below the three-week highs posted yesterday, the gold and silver trade should continue to feel the looming threat of liquidation.

 

On the one hand, gold and silver prices deserved a measure of corrective weakness after such massive gains over the last two months.

 

However, the corrective action in gold and gold-related instruments was broad yesterday with gold mining shares giving back recent noted gains...[MORE]

 

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