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TFMR Podcast - Friday, November 12

141

It was a great week and Comex gold has now painted seven, consecutive green candles onto its daily chart. While that winning streak won't go on forever, the stage appears set for a challenge of $1900 and beyond in the days to come. So have a listen to this podcast recap and then go enjoy your weekend.

For today, we somehow avoided the smash that I felt was almost certainly coming. Oh sure, CDG was down more than 1% at the midpoint of the London Monkey session but, once the bond market turned around, both metals reversed from their lows of the day and then finished this afternoon...

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Key Economic Events Week of 5/23

5/23 12:00 ET Goon Bostic
5/24 9:45 ET Markit Flash PMIs May
5/24 10:00 ET New home sales
5/25 8:30 ET Durable Goods
5/25 2:00 ET May FOMC minutes
5/26 8:30 ET Q1 GDP 2nd guess
5/27 8:30 ET PCE and Core PCE
5/27 8:30 ET Personal Inc and Spending
5/27 10:00 ET UMich 5-yr Inflation Exp.

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