Controlled Descent

Like Tuesday, we had another straight down chart on our hands as price fell overnight, nearly uninterrupted in a straight line and in what felt like a predetermined glide path.

Well, that's quite a sentence and not a fun way to start the day. Keep in mind that the Chinese markets are closed for the remainder of the week as the Chicoms celebrate "International Worker's Day". Have the Chinese "markets" been underpinning a physical bid for gold and silver these past few months? Yes, I suppose that that have, to some extent. But then I see charts like these and it makes me wonder if...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

28 Comments on Controlled Descent

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 5/13

5/13 9:00 ET Goons Jefferson and Mester
5/14 8:30 ET PPI and Core PPI
5/14 9:10 ET Goon Cook
5/14 10:00 ET Chief Goon Powell
5/15 8:30 ET CPI and Core CPI
5/15 8:30 ET Retail Sales
5/15 8:30 ET Empire Fed
5/15 10:00 ET Business Inventories
5/15 12:00 ET Goon Kash-n-kari
5/16 8:30 ET Philly Fed
5/16 8:30 ET Housing Starts
5/16 8:30 ET Import Price Index
5/16 9:15 ET Cap Ute & Ind Prod
5/16 12:00 ET Goon Mester
5/16 1:00 ET Goon Williams
5/17 10:00 ET LEIII
5/17 10:15 ET Goon Waller

Recent Comments

by Marcus, 4 hours 40 min ago
by landplanner, May 17, 2024 - 11:30pm
by SteveW, May 17, 2024 - 10:58pm
by RickshawETF, May 17, 2024 - 10:31pm
by baobab1961, May 17, 2024 - 9:47pm

Forum Discussion

by Titus Andronicus, May 17, 2024 - 3:54pm
by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am
by Wade Case, Mar 22, 2024 - 9:00pm
by Wade Case, Mar 22, 2024 - 8:24pm