from Jesse’s Café Américain:
This week will be a short trading week because of the US Thanksgiving holiday.
Monday will be the last Comex option expiration for the year, for the December contract. We may wish to brace for shenanigans. We are reaching a more critical point in the markets, but do not, absolutely do not, expect this to be easy. The big changes come when we least expect them, and then as a thief in the night. Betting on short timeframes with leveraged bets is a losing trade 99 times out of 100. And if you hit it big one time, you may chase that adrenalin high again and again, until you are exhausted by the time things really break your way.
Gold and silver continue to dribble out of the Comex warehouses. For a quiet month we saw a bit of gold taken out of New York.
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