Happy September. The new month opened more scared of a Fed hike than of the tanker that took fire near the Strait on Monday. Gold sold through the heaviest price August traded and is under 4400 as I type, crude cleared August’s high going the other way, and the indexes went with gold. No bias down here, just reactions. ES gave up its floor while I was typing, so the bounce into 7680 to 7690, the shelf that broke overnight, is where I’d watch for the reoffer, and gold doesn’t interest me until it fails a new low or takes 4413 back. Lets have some fun.
The Game Plan: Tuesday, September 1, 2026
“Let me introduce you to the new theory of criminal investigation: follow the rich white man.”
