Peak Doldrum

It's Monday, August 28 and we've reached Peak Doldrum. The LBMA was closed today for their annual Summer Holiday weekend and the Comex is quiet. As a result, CDG has been trading since the Globex open last evening at 6:00 pm ET and it has a remarkably tight price range of just $6.20! This will be the final Dog Day and it sure is going out with a whimper...at least so far.

Here's your overnight chart. Again, without London, the overnight was extremely quiet and the malaise has extended onto Comex:...

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Key Economic Events Week of 7/8

7/8 3:00 ET Consumer Credit
7/9 10:00 ET Jerry Hump-Hawk Day 1
7/9 1:30 ET Goon Bowman
7/10 10:00 ET Wholesale Inventories
7/10 10:00 ET Jerry Hump-Hawk Day 2
7/11 8:30 ET CPI and Core CPI
7/11 10:30 ET Goon Bostic
7/11 1:00 ET Goon Musalem
7/11 2:00 ET Federal budget deficit
7/12 8:30 ET PPI and Core PPI
7/12 10:00 ET Prelim UMich

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