Gold & Silver Smashed Back Under $1200 & $16

With gold starting to go vertical in overnight Asian trading, the boyz in London and NY got to work this morning, with waterfall declines plunging both metals through round number support:

 

Silver now looking likely to retest its recent lows at $15.50:

 

After spiking towards $1210 during Asian trading, the cartel has successfully smacked gold back under $1200:

 

Perhaps the banksters are simply attempting to induce a lower starting point for the likely explosion in the metals in the aftermath of a full Greek default/ GREXIT which is now appearing more likely by the day?