Keynesian Demise

It was yours truly who, just last Friday, was concerned that we had a tough and challenging week ahead....and it sort of started out that way. But whether it's war fears, the ECB rate cuts, a newly-possible 50 basis points from the FOMC next week or the blowout August deficit numbers, the Comex Digital Precious Metals have charged forward over the past 48 hours and are set to finish the week with some very pretty candles for the weekly chart.

Whatever it is, the tide has shifted again in POSX and this is leading to most of the follow-through you're seeing today. As I type, the...

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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

Forum Discussion

by silverseeker, Mar 21, 2025 - 8:53am
by Solsson, Mar 19, 2025 - 6:41am
by SilveryBlue, Mar 19, 2025 - 12:46am
by Solsson, Mar 18, 2025 - 9:24am