What to do if you are an overpaid, ivory-tower Fed Head? You want to keep raising the fed funds rate in order to benefit your owners but, at the same time, your higher rates are driving your stock market lower. Again, what to do, what to do?

Below you can see El Problemo. When the...

It may not be any sort of trend-breaking move but the Spec shorts are being set up again for another squeeze. It's simply a matter of when.

You'll recall that we first wrote about this two weeks ago, right before Halloween:...

A flood of new Spec money is flowing into the short side of both Comex gold and Comex silver. I wonder how that's going to work out for them?

Before we get started, thanks again to everyone for your patience and understanding yesterday. Though I'm a little stiff after repeatedly...

Today is the observed holiday of Veteran's Day in the US. I think the best quote I've seen regarding this holiday is "the best way to honor veterans is to stop creating them". I think we can all agree on that.

And this means that it's another of one those partial market holidays. The...

But we ARE the champions. And we WILL keep on fighting 'til the end.

And though that end seems so far off this morning, this is nothing more than another patience-trying exhibition of bullion bank price manipulation.

Once price was only allowed to rise $50 on the Managed Money...

Another day begins with a Digital Gold smashing right out of the Comex starting gate. And don't forget that there are a set of Fedlines due this afternoon.

So here we go again. This makes three days in a row and very nearly 4-4 this week....

Well, here we go. We've written since at least January that the US midterm elections would bring gridlock, endless investigations and declining confidence. We're about to see if that theory holds: https://www.tfmetalsreport....

It's not quite like the summer doldrums but today's action is similar. We'll likely sit and wait with prices in a range, all the while subject to sudden spikes and selloffs due to random headlines about turnout and exit polls. So, why not a Hat Contest?!?

Ummm, let's see...What can we...

The week begins with a U-turn on the chart. Is that what we have to look forward to this week?

In case you missed it earlier, here's a 5-minute chart showing the action/reaction to the Iran sanction news and other headlines:...

Please be sure to take some time to read this today. Ahead of Tuesday's US elections, our friend Jim Quinn accurately and eloquently summarizes where we are relative to "The Fourth Turning".

...

Well, all things considered, when Comex gold and silver can shrug off a "strong and robust" BLSBS, then maybe things are indeed beginning to turn.

If you missed the news from earlier, here's the official summary from ZH:...