It was a quiet day in terms of news but it was an active, healthy day for a bounce in the digital precious metals. After the post-BLSBS beatings of Friday into early today, prices have now recovered more than half their losses. What will tomorrow bring? Come on in and let's talk about it.
The key today was the lousy economic data. Just as Friday's BLSBS was seized upon to spark rate hike odds, today's data reversed all of that "soft landing" crap. And now, here we are...still trapped in the psychosis of hanging on each and every datapoint, waiting to see if it beats or misses by...
