Looks Like I Picked A Bad Week To...

What's the line from "Airplane"? Looks like I picked the wrong week to quit smoking...give up amphetamines...stop sniffing glue...etc etc etc. Well, this is that week. Not only are global markets melting down in a possible contagion that could get much worse before it gets better, but the entire MENA region sits on edge as full, all-out war remains a possibility. Maybe I won't quit sniffing glue, after all.

So, two weeks ago when COMEX option expired, we saw gold prices get slammed due to overt price manipulation. That day was not connected to the "yen carry unwind". Today,...

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Key Economic Events Week of 3/24

3/24 9:45 ET S&P flash PMIs for March
3/24 1:45 ET Goon Bostic
3/25 8:40 ET Goon Kugler
3/25 9:00 ET Case-Shiller home prices
3/25 10:00 ET Consumer Confidence
3/25 10:00 ET New Home Sales
3/26 8:30 ET Durable Goods
3/26 10:00 ET Goon Kashnkari
3/26 1:10 ET Goon Musalem
3/26 1:30 ET April Comex option expiry
3/27 8:30 ET Q4 GDP final guess
3/27 10:00 ET Pending Home Sales
3/28 8:30 ET PCE and Core PCE
3/28 8:30 ET Personal Inc and Spend
3/29 10:00 ET Final UMich March
3/29 1:30 ET Apr25 gold off the board

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