In deference to Thin Lizzy, whom today received a nomination to the Rock and Roll Hall of Fame, the boys are indeed back in town after the Columbus Day bank holiday and, once Comex trading began in New York, prices were smashed in their usual manner.
It's Columbus Day in the U.S. and all of the Banks are closed. This also means that there is no trading in treasuries or treasury futures, too. YIPPEE!! Is there any way we can get these freaking criminals to take the rest of the month off? It's awful nice not having them around!
Sticking with the theme of the week, The China Syndrome has reached its peak intensity today as Trade War peace talks begin in Washington. But Comex gold is getting smashed so it most all be going swimmingly.
This is so freaking ridiculous that it makes ME want to...
Later this week, the Trade War peace talks that were announced last month will finally take place in Washington. With a light week of economic data scheduled, these talks will be the key event of the week.
To be sure, tomorrow's PPI, the FOMC minutes on Wednesday and the PPI on...
The US economic outlook has worsened considerably this week and this has led to a complete reversal in sentiment for both Comex digital metals. Of course, none of this should come as a surprise as the world continues along our 2010+9 path.