Hump Day

Not much change the news flow today but Comex Digital Gold is rallying, regardless, even while the POSX is rallying and bonds are selling off. Hmmmm. What do we make of that?

It can't be good, right? I mean, it's good for us and our mining shares but, for everyone else, this is the kind of thing that should set off warning alarms.

Let's start with the bond market and check the entire curve from 90 days to 30 years:...

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Key Economic Events Week of 12/11

12/12 8:30 ET CPI and Core CPI
12/12 2:00 ET US federal budget
12/13 8:30 ET PPI and Core PPI
12/13 2:00 ET FOMC Fedlines
12/13 2:30 ET Jerry's presser
12/14 8:30 ET Retail Sales
12/14 10:00 ET Business Inventories
12/15 8:30 ET Empire Fed
12/15 9:15 ET Cap Ute and Ind Prod

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