Whimper Or Bang?
In ust a few minutes, at 2PM, we get the Treasury Statement. I have no idea what expectations the market has for it nor what the markets’ reaction will be.
It could be a nothingburger and the metals just drift into the close, leaving us with a really good week but looking for still more upside next week.
Or, there could be something that causes the metals to accelerate their rally into the close, setting things up for a potentially explosive upside, next week? The trend is higher, the timing and velocity, unknown.