Mama said there'd be days like this and there's no denying that it's frustrating as hell to watch the algos trade Comex gold tick-for-tick with the POSX. But it is what it is and there's not much we can do about it so we might as well take stock again of The Big Picture and then head off to do something more constructive than watch the screen flash red.
So in terms of The Big Picture, where do we start? I guess we'll start with this WSJ story. As you've heard me repeatedly state...the history of Fed Yield Curve Control stems from the time period of 1942-1951 when the post-WW2 US...
