Minutes Digest for Feb 01 2021

Whatever the guesses are that retail traders can push a physical commodity market into disequilibrium, they helped to at least squeeze silver higher by one of its largest amounts ever in a single day, measured from previous close to intraday high.

These have not ended well for the metal.

Here's a longer-term look at returns.

Interestingly, they haven't worked out well for the stock market, either, thanks to the close cluster of signals.