14 January 2025

Stocks and Precious Metals Charts - And That's the Name of That Tune

 

“There are times when wisdom cannot be found in the chambers of parliament or the halls of academia but at the unpretentious setting of the kitchen table.”

E.A. Bucchianeri

Just charts tonight.

A large amount of physical gold left the Comex registered Hong Kong vaults, taking down the total ounces to a new low. China tends to be a physical market. That sucking sound is gold bullion flowing from West to East, not to return at these prices. 

There will be an option expiration on Friday.

Have a pleasant evening.