Pivot point

Today could be pivotal with the Fed meeting possibly upsetting the sentiment on the future of interest rates. Gold still seems to be in the midst of a relatively weak correction. The gold platinum spread has come in from 350 post brexit to 200.  Recent noises out of South Africa suggest that the producer are finally getting tired of cranking up the volume and dialing down the price.  700 palladium and 1120 platinum are witnesses. Rhodium, despite persistent weakness is due for some upside as well.  You don’t have to be a genius to see that the CB’s are in desperation mode. Soon you won’t have to go to the mailbox to pick up your check, a helicopter will bring you the cash directly. Remember “gold is money, everything else is credit”