The week has been dreary and dull with Comex gold trading within a narrow, $16 price range. The latest CPE data is due in the morning so perhaps we'll see more volatility tomorrow. If we do, which direction will that volatility take price? Let's talk about that today.
But boy oh boy, has this ever been a sleepy first three days of the week. While I suppose that's preferable to seeing price get smashed, it doesn't make for a very compelling day job, either. Again, though, tomorrow brings the PCE, the Chicago PMI and the latest on pending home sales so maybe things will get...