What a lousy way to start the week. After the Globex shellacking we took on Friday, the selling continued overnight as London was closed for May Day. And then of course, once Comex opened, here came a massive wall of selling.
First of all, Happy Monday. It’s MrsF’s birthday today so I’m going to try to remain upbeat and positive. And it’s worth noting that it’s not just the Comex metals that are getting destroyed. It’s pretty much the entire commodity sector. Even the grains…lack of fertilizer be damned, I guess….