Monday Chart Action

Tuesday is the big day when we hear from the Fed. Here are some things I’m watching in the meantime …

Bottom line: I wouldn’t bet against Treasuries right now.

I think I’ll be adding a gold position or two this week.

I wish silver was performing better. Can gold go up while silver goes down? Sure, if enough people are scared. And people are lining up in Britain to take their money out of banks. They’re buying gold.

I’d wait for a pullback, then buy crude, or place an order below the market and see if the storm warnings in the Gulf of Mexico blow profit my way.

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