Rock and Hard Place - DOW Highs
Milo3,
A problem still arises as the Fed continues to pump out cheap money which, in turn, helps fuel huge DOW highs. Just another way to pull some money out of metals and into the bubble.
Also, consider another aspect of keeping things range bound. It allows those caught short on physical inventories time to rebuild those inventories. So, keeping prices range bound might be accomplishing more than producing lukewarm sentiment in the PM markets.
BTW, did the jobs report come out today? Had a good job interview and most of the day was consumed with other activities.
Analyze the Anticipation!!!