Another day. Another dip in London as The Machines sell digital PMs on rising interest rates and a rising POSX. Another bought dip in New York as price charges back higher. What the heck is going on? I think you already know the answer.

At least you should know the answer because we've been discussing it here for weeks. The price of physical silver in Shanghai keeps moving higher and, risking irrelevance and a vault-draining arbitrage, The Banks are forced to allow a higher price for Comex Digital Silver. So, price dips but then is almost immediate bought back higher. #BTFD,...

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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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