What a month this has been. It's going to end on a down day but, if you listened to yesterday's podcast, then the red action today should not have come as any surprise. We'd had a good run with the wind of the POSX and bond market in our sails so today's reverse action is just part of the process.
But what a month we've had. The Dec23 Comex gold contract began the month at $1994. It then dipped to a low of $1936 on November 13 before soaring to today's $2036. That's a 2.2% rally but it's also almost 5% off its lows. I'll take it! And now we set our sights on what will be a VERY...
