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TFMR Podcast - Tuesday, April 6

43

To our surprise, the POSX continued lower today and broke through the support that was expected at its 200-day moving average. The bond market rallied, as well, so we are pleased to point out that Comex gold is finally back above that Bank-painted trend arrow that had been forcing price lower for weeks.

The question now becomes: What happens tomorrow? There are appearances by both Goons Evans and Barkin followed by the release of the March FOMC minutes. In preparation for what will be a very interesting day, please see these two links and then be sure to follow along as we look...

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Key Economic Events Week of 4/19

4/22 8:30 ET Initial jobless claims
4/22 10:00 ET Existing home sales
4/22 10:00 ET LEI
4/23 9:45 ET April flash PMIs
4/23 10:00 ET New home sales

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