What will this evening's gold and silver trading in Asia bring us, especially if there is follow-through in Europe? If we see the spikes we've seen from Asia and Europe in the past weeks, we will know who is dominating these markets - the China/India combination. Does this make sense?
Otherwise, I hear that today's reversal caused short traders to panic and cover their positions.
In any event, it will be interesting to see if this becomes more of a correction generally or an event isolated to NYC trading.
Copper today closed essentially flat, though down by a fraction of a cent.