My hope is that a dull and listless day doesn't lead to a dull and listless podcast. You can be the judge of that.
What a dud of a day this was. Comex gold has been driven backward by algos but it has done so while trading in just a $9 price range. As you know, Comex silver was beaten sharply lower at the Asia open Sunday evening and it has remained in the toilet ever since. Last week's squeeze of $1.31 inflicted some painful short-covering on the dumbass hedge funds and now this week, after price was driven back below its 50-day MA on Sunday evening, those same dumbass funds are...