China Buys The Dip (Bigger) in May

Housekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — China’s 19-Month Gold Streak Zerohedge — Gold’s Pullback Analyzed Yahoo — Platinum's Fourth Deficit X.com — China's 19-Month Gold StreakFeatured Analysis: News & Analysis: Data on Deck: CPI/ PPI* Monday, Jun. 8 No events scheduled* Tuesday, Jun. 9 Existing Home Sales* Wednesday, Jun. 10 CPI* Thursday, Jun. 11 PPI* Friday, Jun. 12 Michigan Prelim Consumer Survey Jun.-45.548.2***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Full Week:MONDAY, JUNE 8* No major US releasesTUESDAY, JUNE 9* 6a NFIB Small Business Index (prev 95.9 → est 96.0)* 8:15a ADP Weekly Employment Change (prev 35.8K)* 8:30a Trade Balance (prev -60.3B → est -56.4B)* 10a Existing Home Sales (prev 4.02M → est 4.06M)* 10a Final Wholesale Inventories m/m (prev 0.5% → est 0.6%)* 4:30p API Weekly Statistical BulletinWEDNESDAY, JUNE 10* 8:30a Core CPI m/m (prev 0.4% → est 0.5%)* 8:30a Core CPI y/y (prev 2.8% → est 2.9%)* 8:30a CPI m/m (prev 0.6% → est 0.3%)* 8:30a CPI y/y (prev 3.8% → est 4.2%)* 10:30a Crude Oil Inventories (prev -8.0M)* 1:01p 10-y Bond Auction (prev 4.47|2.4)* 2p Federal Budget Balance (prev 215.0B → est -276.4B)THURSDAY, JUNE 11* 8:30a Core PPI m/m (prev 1.0% → est 0.5%)* 8:30a PPI m/m (prev 1.4% → est 0.7%)* 8:30a Unemployment Claims (prev 225K → est 219K)* 10:30a Natural Gas Storage (prev 95B)* 1:01p 30-y Bond Auction (prev 5.05|2.3)FRIDAY, JUNE 12* 10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)* 10a Prelim UoM Inflation Expectations (prev 4.5%) This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit vblgoldfix.substack.com/subscribe