Both gold and silver got sold off gently in Far East trading on Wednesday. This slight downward trend lasted until shortly after 12:00 noon in London…and shortly before the Comex opened in New York. From there, rallies in both metals got hit hard the moment that the gold price broke through $960 and silver broke through $15 respectively. Strangely enough, this occurred about 12:05 Eastern time in both metals. From there, the selling pressure was on…and as of this writing, gold has given back $15…and silver about 35 cents. Silver’s chart is particularly interesting, as it was obvious that sellers had virtually vanished and the price was going parabolic before JPMorgan (NYSE:JPM) showed up.