It was another lousy day in the Comex metals as it's now quite clear that there has been a deliberate effort made to crash backward both crude oil and gold after the soaring prices of last week. We can't have those rascally rooskis profiting from their misdeeds, now can we.
So it just is what it is. Tomorrow brings the conclusion of the long-awaited March FOMC so perhaps the tide will turn as we head into the second half of the week.
For today, a general discussion on summary of the day's events and then these seven images: