TFMR Podcast – Tuesday, March 12

Today was the day we’ve been expecting for the Comex metals. Comex gold had painted green candles ten days in a row and its RSI had reached 80. It was due for some profit-taking and a pullback…and that’s what we got. More important now is what happens next.

And there’s no scheduled news for tomorrow…no data and no Goons. So let’s watch the POSX and the bond market for clues and then see if prices can bounce back a little before the PPI and retail sales updates on Thursday.

For today, a hurried general discussion due to time getting away from me this afternoon. After…