Presently we’ve Copper below its Neutral Zone for today, whilst above same is the Spoo; session volatility for the BEGOS Markets is light-to-moderate. Spot Silver has briefly traded above 50, however by CME GLOBEX, yesterday’s December cac high was 49.97 — regardless, an all-time high — and the high thus far today lower however at 47.915. Gold high-to-low yesterday dropped -120 points (-2.9%) its eight-worst intra-day loss by points century-to-date: we’ve of late regularly been citing Gold’s excessively high price vis-à-vis its BEGOS Market Value, so ’tis no surprise (indeed expected) seeing price retreat; even at that, Gold in real-time is still +299 points above its smooth valuation line; more on it all in tomorrow’s 830th consecutive Saturday edition of The Gold Update. The P/E of the S&P 500 may exceed 50x as the day unfolds; (marked by fair value to the futs, ’tis 49.9x at the moment). For the Econ Baro we’ve the UofM Sentiment Survey for October, and purportedly late in the session September’s Treasury Budget, (the Treasury Department does operate under “shutdown” conditions).