As we slouch toward Friday and the latest update on CPI inflation in the US, today was a quiet day. And you know what happens on quiet days? The computers take over and we spend a day in AlgoHell.
So there's not a lot new to discuss today that we didn't already cover this morning. To that end, we have a brief, general discussion before moving to a review of the charts below. Please stick around to the end, though, as we take a look at the very long-term monthly chart of Comex gold....