Gold is recovering after one of its hardest drops in years. At the time of writing, prices are up $62 to about $4,126/oz, while silver has climbed $1.25 to $48.93/oz.
In essence, banks are getting back to not wanting to lend to each other as the lowering tide starts to reveal a few zombie banks that were swimming without their shorts on.
Gold has been experiencing some volatility these last few days. After surging above $4,350 an ounce earlier this week, the metal has since retreated to below $4,150.
