The end of the Great Keynesian Experiment is upon us. Turd Ferguson and his band of loyal Turdites patrol this Watchtower. We are here to help each other navigate the coming economic chaos. However, no one can predict every eventuality, so please read the disclaimer and community guidelines before proceeding.

TFMR Podcast - Monday, April 25

It may have been a quiet day bit it won't be a quiet week. Be sure to listen to this podcast so that you're mentally prepared for what the week will hold.

A Visit with Max Porterfield of Callinex Mines

As you know, we've been trying to feature certain mining shares here in 2016 as a way of helping these companies to raise their overall visibility. To that end, earlier today I had the pleasure to visit with Max Porterfield, CEO of Callinex Mines.

A Cool Start To A Crazy Week

After the enormous rally Friday, the USDJPY is back down today and this is prompting the same HFT which sold paper gold last week to but it back this morning. But, whatever. I'm just glad to see gold back above its 50-day MA.

TFMR Podcast - Friday, April 22

Prices finished lower today but what would you expect on a day where the USDJPY rallied over two points and open interest was at 2016 highs? It's next week where it's going to get crazy and we're here with this podcast to get you prepared.

Major Volatility Ahead

While a huge move in the USDJPY is restraining gold today, silver is charging higher again along with copper and crude oil. This sets up a wild week ahead as the FOMC and key economic data combine with May silver option and contract expiration. Get ready!

TFMR Podcast - Thursday, April 21

Today was such a volatile day that it merits this unusual, Thursday edition podcast. And it's a must listen, too, for all Vault subscribers. The way forward from here is certain to be volatile but rewarding.

What A Day

Well, that was certainly interesting. If anything, by being a subscriber to this site, you've had at least some idea of the forces in place behind the "markets". That perspective should have helped you navigate today's madness with a sense of calm and purpose.

TFMR Podcast - Wednesday, April 20

Actually, all you really needed to know about today's price action was covered in this morning's regular Vault post. If you took the time to read it, then the fact that price was eventually raided this afternoon should come as no surprise.

Fun With Comex Open Interest

Gold prices remain firm today...with the exception of the $5 drop at the London PM Fix...and they remain at a critical juncture. Price needs to extend higher here but total Comex open interest is back above the 500,000 level and, if recent history is any guide, that's not a good sign.

TFMR Podcast - Tuesday, April 19

It was a wild and historic day in metals trading across the globe as, for the first time in 97 years, there is an alternative to the London "price fixing" regime. That prices rallied the same day is certainly no coincidence.

Syndicate contentTF Metals Report Front Page RSS Feed