Another day where Comex metal prices held reasonably well given the changes in forex and bonds. Can we soon find some relief or will The Banks look to seize the initiative and drive prices even lower?
For today, just another entrant for our catalog of manufactured USDJPY bounces: https://www.tfmetalsreport.com/blog/8530/total-g-3-central-bank-control
Next, we discuss the intraday yen chart in the context of these two links:
We chuckle at the hilarious similarity of these three charts:
We check on CDG and CDS:
We discuss the troubling selloff in mining shares following last Friday's closing breach of the 200-day A:
And we check copper for signs of a short-term breakout:
And finally, we discuss this anomaly(?) in the daily "delivery" data from the CME:
And remember that it's Tuesday. This means that if you're free at 10:00 pm EST tonight, you can stream John Batchelor and Professor Cohen through either of these links: https://player.listenlive.co/25211 OR https://player.listenlive.co/26491 Though we'll post the recorded copy on Wednesday, I strongly encourage you to listen live if you can find the time.