At present we’ve Copper above its Neutral Zone for today; all the other BEGOS Markets are within same, and session volatility is expectedly light ahead of July’s PCE data which shall be a key determinant (12:30 GMT) as to the FOMC’s 17 September rate decision. A reduced “core” reading of +0.2% ought spike the Spoo to still further record levels, whereas a +0.4% would initiate selling; consensus calls for +0.3%. The S&P 500 yesterday settled above 6500 (6501.86) for its first time, albeit the MoneyFlow for the session actually was negative, (see S&P MoneyFlow); the futs-adj’d “live” P/E is now 46.0x. Silver seems to be making a bid to trade at $40/oz., a level not seen since 21 September 2022: indeed, Silver’s “high if an up day” for this session is 40.26; either way, more on Silver in tomorrow’s 824th consecutive Saturday edition of The Gold Update. In addition to the PCE, the Econ Baro also awaits July’s Personal Income/Spending, plus August’s Chi PMI and revised UofM Sentiment Survey.