Take physic, pomp

Today’s action in gold

I’m impressed with gold’s resilience this morning. Five minute candle chart here:

If it holds current levels the We-All-Gonna-Die brigade will be washed out the market without too much damage and what’s left can only be good. Oh yeah, I’m watching FOMC this week. Are you watching FOMC this week? Will Bennyboy turn the spigot or won’t he? Faites vos jeux, mesdames et messieures…

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