After their biggest collapse in recent history, gold and silver are finding their way back into the light, posting their biggest one-day gains on record. Spot gold last traded at $4,916 an ounce, up more than 5% on the day; meanwhile, spot silver last traded at $87.82 an ounce, up 11%. Some analysts note that the recovery in the precious metals confirms a growing consensus that the recent selling pressure is related to short-term speculative positioning and momentum rather than a fundamental shift in the marketplace. One German bank has been fairly vocal, reiterating its bullish expectations for gold. On Monday, ... (full story)