The downtrend from the our recent highs continued into a seventh day today. Things looked brighter early this morning but a POSX spike following the CPI brought another Comex hammering. So now what will tomorrow bring?
To start the day, we get the latest PPI at 8:30 ET. That'll be fun. But the main event will be the FOMC Fedlines at 2:00, followed by Jerry at 2:30. What he says and how he says it will go a long way toward determining whether or not we can finish the year with $2000+ gold.
For today, these four images:...