Following what we’d now classify as Gold’s “marginal” All-Time High on Monday (at 2454), the yellow metal has since been in sell mode (at present 2364), and along with Silver (30.545) is below today’s Neutral Zone; the Spoo is above same, and BEGOS Markets’ volatility is light-to-moderate. Such selling has dutifully brought down the Market Value excess we’ve had for Gold for nearly three full months: price (in real-time) is now +20 points above its smooth valuation line; a month ago the deviation was +200 points. “Over-valued” too by such metric is the Spoo (+230 points) whilst “under-valued” we’ve Oil -5.78 points. Specific to our S&P MoneyFlow page, the three-month differential of Flow relative to the Index (per that page’s lower-right panel) has developed a detectably negative bent to it. The Econ Baro’s incoming metrics today include April’s New Home Sales.