TF Metals Report | Gold, silver, currency and commodities coverage.

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.

Turd's Vault

TFMR Podcast - Friday, October 20

By Turd Ferguson | Friday, October 20, 2017 at 5:32 pm

A challenging week ends, made all the more frustrating by how bright things looked just last Friday. So now we are forced to look ahead to the next few weeks and assess the risks that The Banks will attempt to break gold down in the hope of inspiring a flush of Spec long liquidation.

Turd's Vault

Friday Blah

By Turd Ferguson | Friday, October 20, 2017 at 10:28 am

In an unprecedented level of G-3 control, the all-important USDJPY has now been force-reversed on three occasions in just the past 24 hours. We simply must take this into consideration as we assess the short-term potential of the Comex metals.

Turd's Vault

TFMR Podcast - Thursday, October 19

By Turd Ferguson | Thursday, October 19, 2017 at 4:28 pm

Another magical day on Wall Street as the "stock market" once again recovers all of its overnight losses to close green on the day. Meh, whatever. At least the Comex metals also recovered and now have placed themselves in a position to finish the week strong.

Turd's Vault

Thursday Hope

By Turd Ferguson | Thursday, October 19, 2017 at 9:35 am

As the all-important USDJPY once again struggles with the 113 level, hope is gaining traction this morning as Comex Digital Gold prices rise back toward $1290. Once more with meaning, it's not how you begin the week that matters...

Turd's Vault

TFMR Podcast - Wednesday, October 18

By Turd Ferguson | Wednesday, October 18, 2017 at 4:45 pm

It appears now that The Banks are getting set for another flush of The Specs with a run at the 200-day MA. If that's the case, we thought we should take some time today to get you prepared.

An Important History Lesson from Batchelor and Cohen

By Turd Ferguson | Wednesday, October 18, 2017 at 11:14 am

Sometimes I feel like I'm attending a graduate level Russian History & Studies class as I listen to Batchelor and Cohen. Last evening's program was another valuable lesson as the history of NATO was discussed.

Turd's Vault

No Fun Wednesday

By Turd Ferguson | Wednesday, October 18, 2017 at 10:59 am

Not so happy Tuesday is followed by No Fun Wednesday as the USDJPY continues to surge. Comex Gold is now down over $25 in less than 24 hours and this week is shaping up to be a real dud.

Turd's Vault

TFMR Podcast - Tuesday, October 17

By Turd Ferguson | Tuesday, October 17, 2017 at 4:52 pm

Over the past 24 hours, the Comex metals have fallen in an outsized proportion relative to the move in the all-important USDJPY. This clearly betrays a deliberate intention of The Banks to paint the charts lower.

The Latest from Incrementum AG

By Turd Ferguson | Tuesday, October 17, 2017 at 10:49 am

As a supplement to their most recent "In Gold We Trust" report, the good folks at Incrementum AG have just released their 2017 gold "chartbook". You should be sure to have a look!

Turd's Vault

Non-Happy Tuesday

By Turd Ferguson | Tuesday, October 17, 2017 at 10:33 am

Ever since some headlines appeared yesterday suggesting "discussions" between US and Nork diplomats, the price of Comex gold has come under extreme pressure and is now down nearly $20. While this is terribly frustrating to watch, let's try to keep in mind that it's only Tuesday and there's a lot of week left.