Whether it's the pending FOMC, increased war concerns, a continued tightness in London or persistent central bank demand, the prices of gold and silver increased again in the overnight with a strong rally that began in Asia and kept rolling in London. As you've come to expect, the rally soon peaked in New York but, so long as Asian and London demand remains strong, the paper selling on Comex will struggle to make a lasting impact.
So here we are on Tuesday of March FOMC week. The meeting begins today and concludes tomorrow with Fedlines, an updated SEP and a Jerry presser. What...