Another Monday Smash

Mon, Mar 29, 2021 - 10:55am

It's deja vu all over again as the week begins with another Monday morning price smash. This time, "blame" is being laid at concern over Japanese hedge fund liquidity reaching around the globe. Hmmm. The only problem with that story is that no other "markets" have been smashed like CDG and CDS.

I can't blame you for being exhausted at this point. It has been a long, agonizing seven months and it certainly seems this morning that we are nowhere close to seeing this period end. Heading into the week, we knew of several potentially positive factors that could drive the Comex PMs...

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