BTFD

Another day. Another dip in London as The Machines sell digital PMs on rising interest rates and a rising POSX. Another bought dip in New York as price charges back higher. What the heck is going on? I think you already know the answer.

At least you should know the answer because we've been discussing it here for weeks. The price of physical silver in Shanghai keeps moving higher and, risking irrelevance and a vault-draining arbitrage, The Banks are forced to allow a higher price for Comex Digital Silver. So, price dips but then is almost immediate bought back higher. #BTFD,...

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Key Economic Events Week of 12/16

12/16 8:30 ET Empire Fed
12/16 9:45 ET S&P flash PMIs
12/17 8:30 ET Retail Sales
12/17 9:15 ET Cap Ute & Ind Prod
12/18 8:30 ET Housing Starts
12/18 2:00 ET FOMC Fedlines
12/18 2:30 ET Jerry presser
12/19 8:30 ET Jobless Claims
12/19 8:30 ET Q3 GDP final guess
12/19 8:30 ET Philly Fed
12/19 10:00 ET LEIII
12/20 8:30 ET PCE and Core PCE
12/20 8:30 ET Personal Inc & Spend
12/20 10:00 ET UMich Dec sentiment