When we come to the gold market, you can see you're back up here, and for the week, it's up 2.59 percent right now. You no longer have the pattern of lower highs, lower lows.
It’s like the country is sleeping soundly in its convention while at the same time it is splitting its seams with growing anger and division. Inflation has created this mess.
On a closing basis, if this were the end of the week — which it's not — gold would be up 2.34%. There is no trend; you have a lower low and a higher high.
Auto manufacturers have been substituting platinum for palladium, but that trend could begin to reverse, with palladium now trading nearly $400 per ounce cheaper than platinum.