The Comex PMs are putting in another strong day with Comex Digital Silver being the big star. It's currently above $24, which places it more than $2 off its low of Monday...just 72 hours ago. Is this the start of a year-end rally that sets us up for a solid Q1 2024?
The key drivers today are the economic datapoints that have been released. All of them have gone in the direction of economic slowdown and this has led to a rally in the bond market and subsequent drop in the POSX. Let's start with unemployment claims and the Philly Fed:...