It feels like 2021 all over again as the bond bears took over and expectations were renewed for as many as EIGHT fed funds rate hikes in 2022. While this is utterly laughable on the surface, that didn't prevent a thorough rout of nearly everything today and the Comex precious metals were no exception.
So, anyway, it is what it is and was what it was. It's going to be a very long week and all of this might easily be reversed by Friday so please don't let yourself be dragged down too far by today's price action. And even if we don't fully reverse today's losses by Friday, the trend...