Silver Vaults $1.50, Gold $50 on Reports of EUR/USD Swap

Blythe's intern really needs to start paying more attention when flipping on the COMEX open silver smash algo in the morning.  This is the 2nd time in a week that silver has gone vertical on the COMEX open.
After correcting overnight during the LME session, silver shot $1.50 higher from just above $31 to $32.60 with the COMEX open, a massive move for the typically tightly controlled silver market.

Gold simultaneously shot nearly $50 higher, until resistance at $1750 capped the gap up.
In all seriousness, gold and silver's move appears to have been triggered by reports that the Fed just bought Europe a week with a EUR/USD cross swap. 



The dollar instantly plunged on the news, and gold and silver responded as one would anticipate with the news of massive new dollar devaluation and quantitative easing.