Controlled Descent

Like Tuesday, we had another straight down chart on our hands as price fell overnight, nearly uninterrupted in a straight line and in what felt like a predetermined glide path.

Well, that's quite a sentence and not a fun way to start the day. Keep in mind that the Chinese markets are closed for the remainder of the week as the Chicoms celebrate "International Worker's Day". Have the Chinese "markets" been underpinning a physical bid for gold and silver these past few months? Yes, I suppose that that have, to some extent. But then I see charts like these and it makes me wonder if...

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Key Economic Events Week of 6/10

6/12 8:30 ET CPI and Core CPI
6/12 2:00 ET FOMC Fedlines
6/12 2:30 ET Jerry's presser
6/13 8:30 ET PPI and Core PPI
6/14 8:00 ET Some Random Goon
6/14 10:00 ET Prelim UMich

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