Is there really a rebound on the way for the US economy?

Is there really a rebound on the way for the US economy? That is the question that is constantly dogging the precious metals market while traders have their ears perked for any positive sign that may direct the Fed to raise interest rates. This morning group was trading much higher than currently on concerns of Greek default. It is obviously less of a concern for the US investor as they quickly dumped metals on the back of an better than expected Philadelphia Fed Manufacturing Survey. Oddly enough, that was the only truly positive indicator versus what others believe are more important numbers such as Housing Starts, Building Permits and Jobless claims which did little to reaffirm a positive US economy. Where is the rebound? It is in the positive attitude of US business but numbers of late don’t prove it out. The continued underwhelming indicators balanced against the European economic and political back drop leaves the metals trading in current ranges. Unless gold the leader of the group breaks above 1225 we won’t be discussing any major bullish price direction. Tomorrows Consumer Price Index report  might be a catalyst to end the doldrums if it shows any major divergence.