Silver plummets more than 3.3% as gold drops over $30/oz

NEW YORK (Sept 12)  Precious metals began plunging in Asia in the early morning. And by 10:00 am (New York), spot silver was already down 3.3% to $22.27, while gold fell $30 to $1,331.   Likewise, precious metals equities are also suffering material damage.  Some experts opine this may be the beginning of the final washout before the bottom is finally in.

Silver Phoenix Twitter                 Silver Phoenix on Facebook