Signs of Encouragement

As we first noticed about ten days ago, the price of Comex gold is slowly being pried away from the grips of the HFT algos. For two months, all that mattered was the day-to-day and tick-for-tick of the POSX but it's clear now that those days are coming to an end.

And you can clearly see this in today's Comex action. The POSX has been up ever since trading began last evening and is back above 93. See below:...

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Key Economic Events Week of 3/18

3/19 BoJ meeting
3/19 8:30 ET Housing starts
3/20 2:00 ET FOMC fedlines
3/20 2:30 ET Jerry's presser
3/21 ECB meeting
3/21 8:30 ET Philly Fed
3/21 9:45 ET S&P flash PMIs
3/21 10:00 ET LEIII
3/21 10:00 ET Home sales
3/22 8:00 ET Some random Goon
3/22 9:00 ET Jerry public event

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