from Jesse’s Café Américain:
“A horse walks into a bar, the bartender says, ‘Why the long face?'”
And so we had both an FOMC and a precious metals option expiration on the Comex today.
Let’s see if we get any post-FOMC, post-expiration shenanigans for the rest of the week. Once gold breaks out it could be tough to stop, although I am not liking the small advances it has been making on such steady dollar weakness.