After a one week respite from a steep downtrend, the precious metals are off sharply again...

|By:, SA News Editor

After a one week respite from a steep downtrend, the precious metals are off sharply again today. Gold drops back below $1,600/oz. and silver under $30 (platinum down too). GLD -3.2%, SLV -4.5%, PPLT -3.1%.