It's a written "podcast" today but that's OK as there's not much going on anyway...at least as of this minute. The craziness ramps up quickly tomorrow, however, so let's get ready by checking the charts after what was a somewhat frustrating day in the Comex PMs.

And why was the day so frustrating? Because beginning last evening, we had quite the rally in bonds and a steep drop in the POSX. Normally, this would lead to a sharp rally in the Comex PMs...but, no. Not today. Instead, it was nothing but sideways to down all day and despite nice gains in copper and crude....