Precious Metals Charts - Is This Just a Hiccup?

Eric Zohn: War manifests itself in very different ways, and none of them are great for any market as far as I can figure out. Are they going to really be able to treat Russia differently from China or China differently from Russia? If McDonald's put milled out of Russia and suddenly the Chinese are backing the Russians with lethal aid, shouldn't they be pulling out of China too? He says there is a risk of US dollar hegemony over the global financial system at least diminishing if not an actual loss of reserve currency status. You would think all of those things would lead to a structural rally in precious metals but boy, it just reversed pretty darn hard.