Wow, what a crazy weekend! Thank you all for your active participation on the blog.
We opened higher on the Globex tonight and we've managed to stay there. I have an April gold last of $1413.40 and a last in March silver of $33.46. Very nice when you consider how much the PMs rallied on the Globex Friday afternoon. You can bet that Blythe would like to claw those gains back but, so far, she's either been unable or unwilling. I suspect its the latter because of what's going on in crude...its up over $1.50. Take a look at this 60-minute chart:
My inbox just exploded tis weekend but I think I was able to get back to most everyone. I don't have time tonight for a full "Turd's Mailbag" edition but I do have a couple of things to pass along...
First, reader Badu took the initiative to set up a chatroom for us until the new site is ready. Here are the instructions for how to access it: