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TFMR Podcast - Tuesday, November 5

21

It promises to be a very volatile 24 hours for the Comex precious metals. Why? Well, if the past two US election reactions are any guide, you're about to see some fireworks. Have you forgotten how crazy things got in 2016 and 2020? If so, we're here today to give you a reminder.

With the US election results looming, there's really not much else to discuss today. Both CDG and CDS were doing well today but the ISM service sector PMIs burst their balloons. A weak POSX allowed for a late day bounce but all that does is set us up for the volatility to come.

For today, at...

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Key Economic Events Week of 12/9

12/9 10:00 ET Wholesale Inventories
12/10 8:30 ET Productivity
12/11 8:30 ET CPI and Core CPI
12/11 2:00 ET Monthly US budget
12/12 8:30 ET PPI and Core PPI
12/13 8:30 ET Import Price Index

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