It was a solid day for Comex gold but not so much for Comex silver and the mining shares. So now we head into Friday and await the weekly close, confident that the early week gains have been sufficient to paint pretty green candles onto the charts.
For today, more discussion of the bond market, interest rates and inflation-adjusted or "real" interest rates. We also remind you that next week brings several potential pot holes in the road to more new highs. Namely,
- option expiration Tuesday
- FOMC and Powell presser Wednesday
- Aug20 gold contract "...