Morale Not Improving

So the beatings will continue...

56
Thu, Feb 18, 2021 - 11:25am

We had expected a bounce today and, for a while, we had one. However, once again the Comex brought a renewed avalanche of selling and, when the POSX moved off its earlier lows, CDG was suddenly plumbing the depths of yesterday's lows. Nuts.

And trust me, I'm getting sick of this crap, too. Every single day this week, gold prices stabilize and even rally a little in Asia and London before getting bombed on the Comex...as you can see below:...

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