Re: wondering why silver and gold took off today?

Here's why:
European banks have quit selling:
http://www.zerohedge.com/news/biggest-market-headfake-ever-wholesale-french-b...

S&P driven by up in Euro, once they've sold their stash, then the price will come down in a lot of things, so people who have figured it out in advance will position in gold.
Plus, the banks have sold what they have and the pressure of big sales is no longer wieghing on the price of gold.
ugly world.
julie77