Gold Soars Into Holiday Week

Welcome back, everyone, and welcome to Holiday Week, the final week of 2022. If you listened to the podcast last Friday, you'll recall how we discussed that Comex gold had rallied each of the past five years during Holiday Week and, with today's rally now extending over $30, it appears poised to paint a green candle this week, too.

Of course, it's always important to remember that it's not how you begin the week that matters. However, it's already Tuesday and, by later this week, the volume is going to get even more light. For now, though, this is pretty fun to see on an...

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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

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