By Turd Ferguson | Friday, May 22, 2015 at 11:55 am
Thanks to the good folks at Provident Metals, I'm happy to announce a new price contest. It's only open to Vault subscribers...BUT...if you subscribe today, you'll find that the prizes for winning more than compensate you for a few months of Vault membership!
By Turd Ferguson | Friday, May 22, 2015 at 11:17 am
After last week's PPI, we thought that the CPI would come in flat, too. WRONG! Of course "producer" prices are down. The US economy is dead. But "consumer" prices are rising. Why? The WoodyCare Act is causing healthcare prices to rise, not fall. Wow. A government program that is doing the opposite of what we were sold told it would do. There's a stunner!
By Turd Ferguson | Thursday, May 21, 2015 at 2:41 pm
Holiday weekend Jackass is something of a Turdville tradition. However, I'm going to do something different this time. Recorded this morning, Jim and I only covered two, primary topics and I don't want one to be subordinate to the other. Therefore, today's subscriber podcast is just Part One of the interview. I'll release the entire interview tomorrow for consumption/reflection over your holiday weekend.
By Turd Ferguson | Thursday, May 21, 2015 at 10:21 am
At this time of year, the first step in preparation for planting is to plow the field. Turn the soil upside down so that it's ready to accomplish it's purpose. Same thing today in gold. Plow the field. Turn the market upside down so that it's ready to accomplish its purpose. And what's the purpose?
By Turd Ferguson | Wednesday, May 20, 2015 at 5:00 pm
The Fed is pledging to raise the Fed Funds rate, come hell or high water, even if they have to manipulate their data to new extremes in order to justify their actions. What kind of surreal world do we live in?
By Turd Ferguson | Wednesday, May 20, 2015 at 9:54 am
Could the meetings last week in Sochi be the first step away from NATO/Russia confrontation? Let's hope so. Unfortunately, the Ukraine Crisis continues to simmer and events could still reach a boiling point again this summer.
By Turd Ferguson | Tuesday, May 19, 2015 at 4:50 pm
A day full of central planning and market rigging leaves traders and stackers everywhere wondering what might happen next. Well, with the FOMC minutes due to be released tomorrow, it doesn't take much imagination to draw some conclusions.
By Turd Ferguson | Tuesday, May 19, 2015 at 10:30 am
This is madness. The intraday moves, particularly in Forex, are mind-numbing. Are the central planners losing control or, in the other extreme, are they taking complete control? At this point, it's nearly impossible to tell.
DISCLAIMER: The charts and analysis provided here are not recommended for trading purposes. Trade at your own risk. The Turd provides knowledge not direction. Turd holds no liability for your trades and decisions but he's happy to take credit when credit is due, particularly through the "donate" button. Read more...