I've never understood if this cat's name is short for "The Weekend" or "The Weakened". Not even the LTs could explain it. Regardless, like that rapper fellow and in my weakened state, I'm ready for the weekend.
In what can hardly be called a shock, the mid-year POSX rally has led to a Producer Price Index today that came in well below "expectations". Now it's just one datapoint but it's definitely something worth noting.
The Comex Digital Metals are once again under extreme pressure today and Comex Silver has taken another fifty cent stair down. Whats' next? A test of what has long been considered the "bear market lows" of December 2015 appears to be right around the corner.