"You get tragedy where the tree, instead of bending, breaks."
Ludwig Wittgenstein
There was intraday commentary on the metals here.
I have included the CME metals depository data below. There were no additional deliveries noted on the 31st. There could be a little more action ahead, but January is a 'non-active month.'
The bifurcation of the precious metals market between paper and physical bullion is widening into a yawning gap. I do not know what will end this, but I suspect that it will end unexpectedly and quickly, and is likely to be noticeable.
Happy New Year. Welcome back.
