Comex Digital Gold Taken To PoundTown

Thu, Feb 4, 2021 - 10:35am

For the past few days, we've been monitoring the POSX with concern as it was trying to break out above 91. For the past week, we've watched the yield on the 10-year note move back up from 1.00% to 1.15%. Last night, we voiced these concerns and fretted that another trip was PoundTown was coming. And here we are.

OK, so it is what it is. If you think back to Monday...and it's almost impossible to believe that Monday was only 72 hours ago...the key mantra was, as usual:

  • "When trading the PMs, you must always be prepared to sell some when things look rosiest and buy
  • ...

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