Chief Goon Powell takes center stage today with his latest fedlines at 2:00 pm EDT, followed by a presser at 2:30. In the meantime, here are a few items to consider.
So far today, not much is happening. Bonds are mostly flat while the POSX is actually down about 15¢. However, NONE of this matters to Comex silver. Price continues to be leaned upon by the Large Specs in their attempt to make a profit. Thus, every move toward $15 is immediately thwarted. Hmmm. Let's see what happens this afternoon......