The scheduled interventionals have not been doing much lately as the Europe-related situation (and interventionals) have trumped the standard, scheduled interventionals. I expect we'll be back to business as usual next week where the big day is Wednesday (Consumer Price Index). Wednesday around 1:30PM may be a good time if you have been looking for a decent entry into precious metals and didn't want to chase the breakout. The rest of the week is pretty darn quiet as far as scheduled precious metals interventionals go.Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.
- Mon 9AM, Treasury International Capital - its good to keep an eye on how well capital is flowing into the USA.
- Tues, 8:30AM, Housing Starts - will be interesting to see how this is doing now that the homebuyer credit stimulus program has ended.
- Tues, 8:30AM, Producer Price Index - this was up hard last month (year-over-year). This is worth paying attention to.
- Wed, 8:30AM, Consumer Price Index - its always important to keep Gold down on this day as managing inflation expectations is a primary policy goal of the Powers That Be..
Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.
Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).