Gold Bounces Again

Gold sure is resilient as we begin 2023. Yes, there are all sorts of "seasonal" factors that would suggest weakness and a pullback over the next two weeks...but...it just keeps hanging in there.

It's actually pretty remarkable and it makes me wonder a little about the bigger picture. We can get into that more tomorrow or next week. Maybe we can discuss it during tomorrow's Beer With Turd, too? Oh yah, I forgot to tell you. Let's have a cocktail party tomorrow! Let's do the same time as last time...at 4:30 ET. Moved up from the usual 5:00 ET but maybe that makes it so that more...

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Key Economic Events Week of 1/30

1/31 8:30 ET Employment Costs
1/31 9:00 ET Case-Shiller Home Prices
1/31 10:00 ET Consumer Confidence
2/1 8:15 ET ADP jobs report
2/1 9:45 ET S&P Manu PMI
2/1 10:00 ET ISM Manu PMI
2/1 10:00 ET JOLTS
2/1 2:00 ET FOMC Fedlines
2/1 2:30 ET Chief Goon Powell
2/2 8:15 ET ECB rate decision
2/2 8:30 ET Productivity & Labor Costs
2/2 10:00 ET Factory Orders
2/3 8:30 ET BLSBS
2/3 9:45 ET S&P Services PMI
2/3 10:00 ET ISM Services PMI

Forum Discussion

by argentus maximus, 2 hours 7 min ago
by argentus maximus, 2 hours 25 min ago
by argentus maximus, Jan 31, 2023 - 1:14pm
by argentus maximus, Jan 27, 2023 - 6:13am
randomness