Hammered. Capped................from Rico

European equities are getting "hammered" in the wake of the Greek and French elections. [Think DAX and CAC in particular.]
- The Euro is down overnight.

It would seem the EUro technocrats haven't quite neutered democracy in Schengenland yet as they had hoped.
- How disappointed they must be.

Meanwhile, a serious "capping" of Gold and Silver spot is taking place on the NYMEX-COMEX, as 'the invisible hand' seeks to control what was a sharp rise in metal spot prices early on, mildly succeeding ahead of the anticipated drop in US equities markets.
- Can't have any silliness like Precious Metals making paper 'promise' to pay (both shares and fiat) look bad! Not if you are a "Look good to be good" economist and Central Banker! [I mean both of you unindicted co-conspirators, ECB and FED alike.]