The week began quietly but it won't end that way. In fact, volatility should return tomorrow with Comex option expiration day so be ready for some of the usual shenanigans.
But again, today was pretty quiet. CDG had a total price range of about 0.75% and CDS was barely more than 1%. That's OK, though, and I'll take it.
For today, we use the time to begin to consider the long term significance of a breakout on the quarterly chart. You'll recall that CDG pulled off this feat at the end of 2023 and it is over 12% higher since. A close above $30 in spot silver on Friday will...