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 6/5

6/5 9:45 ET S&P Services PMI
6/5 10:00 ET ISM Services PMI
6/5 10:00 ET Factory Orders
6/7 8:30 ET U.S. Trade Deficit
6/8 8:30 ET Initial Jobless Claims
6/8 10:00 ET Wholesale Inventories

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