Pre-BLSBS Thursday
By TF 22 Comments | 10 Likes Comex PM prices are down a bit today after falling back yesterday from some overbought conditions and easily-identifiable resistance levels. The POSX has bounced a bit, too, which is driving some algo selling on a relatively light volume Thursday ahead of another BLSBS Friday. That said, it appears that all of the tight physical conditions that have been driving the headlines and...

By TF
Comex PM prices are down a bit today after falling back yesterday from some overbought conditions and easily-identifiable resistance levels. The POSX has bounced a bit, too, which is driving some algo selling on a relatively light volume Thursday ahead of another BLSBS Friday.
That said, it appears that all of the tight physical conditions that have been driving the headlines and...