TFMR Podcast – Monday, September 16

With all the investment world focused on Wednesday, it should come as no surprise that we started the week today with a very quiet, low-volume, low-range Monday. There may be a bit more volatility tomorrow, but again with the FOMC on hold for Wednesday, Tuesday will likely be a quiet day.

How quiet was the day? Comex gold saw a price range that barely crossed 0.5%. That’s after the combined $70 gain and volatility of Thursday and Friday last week. There wasn’t much news to drive the trade either. Tomorrow may see some short volatility in the morning with…