Looks like I had my days squirrelled up with Powell speaking tomorrow. Thought it was today. I guess to be optimistic, they want to hit the pm’s prior to his speech, but my optimism tends to have fantasy overtones.
Silver isn’t all that “resilient” today as noted. Really tough to fight a stronger USD and rising rates. Rising rates are puzzling with the SM down a little but at least they are working against the SM as they should??
JMHO but I don’t see DB being a “world shaking event” just because it’s been so telegraphed and they’ve had a plan, even though it’s probably a joke. The difference is that Lehman was a surprise – DB is not.
Anyhoo, I’m hoping our rally decides to take hold again but no doubt we’re looking sort of like we did before we had that spate of volatility you mentioned earlier.