A weaker than expected CPI sent the POSX tumbling and the Comex metals soaring today and, though prices came in a little as the day wore on, Comex gold was able to post its first close above its 200-day moving average since June 22.
So this was a good day and there's a lot to discuss and recap. However, tomorrow brings the December FOMC Fedlines as well as Jerry's presser so don't go getting too carried away just yet. Let's get through tomorrow and then Thursday, too, before making any further assumptions about how the remainder of the year will play out.
For today, a...
