Okay admit it, who got the jitters and shorted bullion (or anything else) this morning? My SLV calls just went green for the first time. Looks like an asset party spanning across markets (as Uncle Buck gets heavy) to me.
Problem is, we have some interest rate manipulators in high places making an announcement tomorrow and a market full of casino enthusiasts trying to figure out which button to push in response.
I’d have preferred a thick and pervasive negativity heading into that statement, but whatever. It may make sense to flatten out a bit or hedge into the statement. I will not even be in front of a screen at 2:00 tomorrow.
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