Precious metals dive in wake of optimism over a possible debt deal, silver falling more than...

|By:, SA News Editor

Precious metals dive in wake of optimism over a possible debt deal, silver falling more than 2.5% in the minutes following President Obama's comments. It makes Cullen Roche want to bang his head against a wall. "Did people really buy silver thinking that the U.S. would go bankrupt?" SLV -2.9%, GLD -1.4%.