With TF 7 Comments | 4 Likes It has been a stupid, AlgoHell waste of a day and I'm not going to sit here any longer. Instead, I'm headed out to accomplish something tangible. And what's that? I'm going to mow the lawn. And I hate mowing the lawn! But I don't like paying someone to do it for me and anything's better than watching the 45-degree...

By TF 8 Comments | 9 Likes No news and no headlines makes for another summer doldrum-type day of AlgoHell domination of the Comex precious metals. It wouldn't be so bad if that meant the HFT algos were on the bid and driving prices higher but, as you know, that's rarely the case. You can see it on the charts and it's actually even more stupid...

With TF 13 Comments | 5 Likes In a day that felt a lot like the summer doldrums of August, the Comex PMs were a listless trade where the HFT algos drove prices both ways in response to moves in bonds and the POSX. Will Wednesday be more interesting than today? Maybe not as there's hardly news scheduled tomorrow, either. So for today, we just...

By TF 14 Comments | 6 Likes The slow news week continues with zero economic data today and just one scheduled Goon. This leaves the playing field open for shenanigans and agendas but, so far, the day has been relatively quiet. That doesn't mean straight up, mind you. It rarely does. Instead, the London Monkeys returned from their 3-day weekend...

With TF 9 Comments | 10 Likes The week begins with China returning from holiday while the London bankers take a day off. The result was a pair of nice green candles for our precious precious. But, at the end of the day, we haven't accomplished much and prices could easily turn around and give back half of these gains tomorrow. What levels...

By TF 13 Comments | 10 Likes The early week has brought some big red candles each of the past two weeks so just seeing some green today brings a sigh of relief. Seeing big green is almost cause for celebration. So, happy Monday to you. I hope you had a great weekend. Our new week began with the Chinese returning from holiday at the same time...