Well, its clearly not "Happy Tuesday" today. More like worthless or boring or dull.
The recent pattern of the PMs trading off of weakness or strength in crude seems to continue. Its what you get when 80% of the market if the EE and a bunch of algo machines. It is what it is.
For what its worth, crude is rapidly approaching a point where it will signal its future intentions. It will either break higher on another leg UP which will take it to near $110 or it will break down. It won't stay hovering here between 104 and 105 much longer. Given the still-uneasy Middle East and the pending "Days of Rage", you have to expect that the break will be higher but, obviously, nothing is assured so watch crude and the headlines very closely.
OK, that's it for now. Like you, I have an overriding feeling that Blythe is lurking and waiting to put the hammer down on the Globex. Watch this afternoon's trade very closely. If she attacks, I'll be looking to buy some more silver at 35, and if she really gets it going like two weeks ago, 34.
Keep the faith. Have a nice day. TF