Another Day, Another Couple Dollars

It has now been two weeks of a nearly identical daily pattern. The gold price rises overnight in Asian trading, only to reverse and fall sharply in London and New York. It's certainly not the first time we've seen this type of activity and it won't be the last...and that's all part of what makes it so frustrating to watch.

Happy Pre-CPI Wednesday to you. Again, the primary economic action of the week will come tomorrow with the latest CPI and then Friday with the latest PPI. Ahead of that and as mentioned above, today is simply a continuation of the pattern that has made us angry...

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Key Economic Events Week of 4/8

4/8 1:00 ET Goon Ghoulsbee
4/10 8:30 ET CPI and Core CPI
4/10 8:45 ET Goon Bowman
4/10 12:45 ET Goon Ghoulsbee again
4/10 2:00 ET March FOMC minutes
4/11 8:30 ET PPI and Core PPI
4/11 8:45 ET Goon Bowman again
4/11 12:00 ET Goon Collins
4/11 12:45 ET Goon Ghoulsbee again
4/11 1:30 ET Goon Bostic
4/12 8:30 ET Import Prices
4/12 10:00 ET Prelim UMich
4/12 2:30 ET Goon Bostic again
4/12 3:30 ET Goon Daly

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