Morale Worsens

Looks like the beatings will continue...

So here we are on Day 8. Eight consecutive days of Comex-based price smashes and now Comex gold is about 4% off its highs. It's painful to watch and certainly no fun at all. However, I'll remind you that this is just the cost of doing business sometimes. Below is a reminder of April-May 2017 when The Banks smashed CDS backward for 17 days in a row. SEVENTEEN! It was friggin brutal......

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Key Economic Events Week of 3/17

3/17 8:30 ET Retail Sales
3/17 8:30 ET Empire Fed
3/17 10:00 ET Wholesale Inventories
3/18 8:30 ET Housing Starts
3/18 9:15 ET Cap Ute & Ind Prod
3/19 2:00 ET FOMC Fedlines & SEP
3/19 2:30 ET Jerry's presser
3/20 8:30 ET Philly Fed
3/20 10:00 ET Home Sales
3/20 10:00 ET LEIII
3/21 4:00 ET NYSE option expiry

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