A triple whammy hit our Comex precious metals today and prices swung sharply lower after earlier gains. However, as we wrote this morning, it's only Monday and the rest of this week is going to be volatile and consequential.
And what was that triple whammy?
- the POSX finally hit its 200-day MA and promptly bounced
- liquidation pressure of the Dec22 contracts
- the dunces Bullard and Williams spewing drivel...