Fighting To Hang On

Fighting to hang on. Isn't that what this entire year has felt like? So I guess it's fitting that, on the final day of 2022, the Comex metals are under clear attack in their attempt to move into, or hang onto, positive territory on the year.

Frankly, we haven't seen this blatant and overt level of attack in some time. With the hedge funds and other specs net short in Comex silver for most of the back half of the year, there was no need for The Banks to deliberately rig price lower. But today is obviously a different story.

Twice already, price has been deliberately...

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Key Economic Events Week of 7/22

7/23 10:00 ET Existing Home Sales
7/24 9:45 ET S&P July flash PMIs
7/24 10:00 ET New Home Sales
7/25 8:30 ET Q2 GDP first guess
7/25 8:30 ET Durable Goods
7/25 1:30 ET Comex option expiry
7/26 8:30 ET PCE and Core PCE
7/26 8:30 ET Personal Inc and Spend

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