Judd’s room will be closed for our qtrly private event Friday.

Invitations will arrive at the usual time. Gold wants to trade another 3-400 dollars lower.

Of note the lack of demand from Asian central banks at this time.

You can clearly see from the charts that China is more interested in Energy and Food stuffs.

Trump administration just shut down an attempt by the Chinese to manage the Port of Santos in Brazil.

Gold and the other precious metals will be taking a back seat for a while. I’ve given my thoughts on the potential timing.

Expect a couple of wiggles today with the afternoon being more definitive.

Day traders should take the money when they see it.