As we await Jerry's appearance on Capitol Hill, there has been seemingly zero interest in Comex Digital Gold and Silver overnight and prices are sharply lower as a result. So no we wonder...what will Jerry say and how will he say it...and can he actually make the day even worse.
So you ask yourself, what has changed since Friday? Have there been headlines, news or datapoints? Nope, there hasn't. The bond market is flat on the week and so is the POSX. Yet, since Friday's Globex close, CDG is now down $27 and CDS is off 70¢. Yuck.
And here's CDG on the 5-minute chart. Just...
