Here is a closer look at the retracement of gold we have seen as of this morning.

While the US markets are closed for Presidents' Day, the rest of the world is open for business.

I will be otherwise engaged at hospital for a colonoscopy, an activity a bit less distasteful that watching the political debates but inconvenient nonetheless. And so I will not be available for emails or comments.

And so I think I will take the rest of the day off. See you tomorrow.