'Twas the night before the September fedlines and not a market was stirring, especially not Comex Digital Gold or Comex Digital Silver.
It was another quiet day on Comex with both "metals" being washed back by algos through the entire session as the POSX rallied off of overnight lows. Yawn. And tomorrow will be quiet, too, at least until the Fedlines at 2:00 pm ET and Jerry's presser thirty minutes later.
The relative calm provides an opportunity to address a few other issues today so we start with this chart showing the recent discorrelation (is that word?) between gold...