4:30 EST update:
As expected a very quiet day in the metals. Expect the majority of the time this week to be the same.
Just for fun, check Santa. He decided to post some of my correspondence with Trader Dan today.
More later if anything interesting develops.
If anyone is out there...and, from the looks of things, many are not...we have a very quiet, holiday week Monday on our hands. I would expect that any rallies in the PMs will be met by selling and any selloffs will be met by dip buying. Leaving us right about where we are.
For anyone interested, I found this article this morning from the Great Douchebag, Paul Krugman. The Nobel Laureate refutes my theory of impending inflation. I'm not going to sit here and argue with him, point by point, I'll leave that up to you as you read it. Just keep in mind that The Great Douchebag has been wrong about almost everything for years. No reason to start believing him now.
I'll be here keeping an eye on things...if I can stay awake. Fortunately, there's a football game at 5:00 EST. Its just another in the long list of lousy bowl games but it certainly promises to be more exciting than our PM markets today.
One more thing, I keep mentioning the ongoing drought in the "winter wheat belt". Here's a picture of what I'm watching. Just think of what food inflation may look like if we have significant crop failure next year, too. Yikes!