Oh, isn't it fun to be a precious metals enthusiast? Every day brings laughter and joy as you watch...random headlines from disqualified Fed Goons be utilized as cover to repeatedly smash price lower and lower.
So I woke up this morning, not knowing where the Comex PMs might be trading. The first sign of concern came from the Philly Fed. While not as ridiculous as that surge last month in the Empire State Fed, this number is clearly "not as bad as expected" and it set a bad tone for the day:...