The new week begins on a Tuesday and it was far from happy as the Fed Goonspeak was thick, sending the POSX and interest rates soaring which, of course, had the opposite effect on the Comex PMs.
This reset of rate cut expectations has been the driving force for "the markets" since the new year began and it will continue to be the driving force for a few more weeks. I wish I had some better news for you but I don't. It just is what it is.
For today, a discussion of all this that includes these three links:
