It was a very positive day for the Comex PMs and the mining shares. The gains weren't unusually large but prices rallied despite the hotter than expected PPI data. This sets up a day tomorrow that has great potential if...IF...we can get a break with CPI at 8:30 ET.
But of course, it's impossible to predict what the CPI data will show. And it's not just CPI at 8:30, it's Retail Sales and the Empire Fed, too. So buckle in, look sharp and be ready for some volatility. Let's just hope it's to the UPside.
For today, these two links:
