TF Metals Report

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.

Somewhere Over Montana

Just a late day update in lieu of a podcast.

Thursday, January 23, 2020 - 7:03pm

By TF

Back To The Basics

Not-QE is direct debt monetization.

Thursday, January 23, 2020 - 1:20pm

By TF

The Great Gray North

Watching the gray metals move higher, too.

Wednesday, January 22, 2020 - 12:48pm

By TF

TFMR Podcast - Tuesday, January 21

Tue, Jan 21, 2020 - 5:06pm

Same Early Week Pattern

Tue, Jan 21, 2020 - 10:46am

By TF

Where is that Gold cycle now?

Mon, Jan 20, 2020 - 3:44pm

By argentus maximus

TFMR Podcast - Saturday, January 18

Saturday, January 18, 2020 - 10:54am

148

Just a quick update of the charts and the CoTs as a three-day US market holiday begins.

Please just listen along as we move through these charts:...

SPECIAL PODCAST: Farshad Shirvani, president and CEO of Doubleview Capital

Friday, January 17, 2020 - 3:00pm

Here's another interesting new name for you...Doubleview Capital Corp. Today, its CEO stops by to give us his macro views on the precious metals and commodities. However, we also get to learn about the company and what makes it unique in the Golden Triangle region.

Farshad Shirvani has...

Across The Board

Palladium and platinum lead the charge higher.

Friday, January 17, 2020 - 10:30am

By TF

It is another good day....and strong start to 2020...for all metals, not just gold and silver, as the rallies in platinum and palladium continue. And you know what they say about rising tides and boats.

Let's just dive right in. Here's the board as I begin typing:...

Thursday Conversation - Mickey Fulp

Thursday, January 16, 2020 - 3:20pm

With TF

Mickey Fulp, "The Mercenary Geologist", returns today for a fun-filled discussion of the metals, the miners and the information someone must correctly analyze when building a diversified portfolio of mining shares.

Again, you can find more information about Mickey and his terrific...

Kicking Off 2020 with Max and Stacy

Thursday, January 16, 2020 - 10:36am

By TF

It's always great fun to be on with Max Keiser and Stacy Herbert and this episode, recorded last Saturday, was no different.

So, since there won't be a podcast today, perhaps this can serve as some additional content. Max and I discuss gold and the miners in this segment which begins...

JBSFC in 2020

Batchelor and Cohen return.

Wednesday, January 15, 2020 - 9:50pm

By TF

Batchelor and Cohen returned last evening with their first Cold War podcast of the new year. The guys don't record these podcasts as frequently anymore so, when they do, you should be sure to carve our some time to listen.

Last night's episode was recorded following the final Democrat...

TFMR Podcast - Wednesday, January 15

Wednesday, January 15, 2020 - 6:11pm

It was a busy, news-filled day and it ended with the metals and shares regaining most, if not all, of their early week losses. So where do we go from here and how do we end the week? Come on in and let's talk about it.

We begin this podcast with a discussion of the wacky and unusual...

Stimulate This

More debt for an out-of-control system.

Wednesday, January 15, 2020 - 10:33am

By TF

Things were sailing along just fine this morning until news broke that Trump is considering an "election year stimulus plan". The Machines immediately began to sell gold but, since we are not machines, at TFMR we will consider the real world implications of this plan.

For now, it's all...

Guest Post: "2020 - The Year of Living Dangerously", by Jim Quinn

Tuesday, January 14, 2020 - 9:35pm

By Jim Quinn

Please be sure to read the latest from Jim Quinn of The Burning Platform.

As you likely recall, I first met Jim in 2012 and have been a fan of his ever since. Occasionally, he writes "big picture" articles that focus upon society, the economy and the Fourth Turning. This latest, a look...

TFMR Podcast - Tuesday, January 14

Tuesday, January 14, 2020 - 6:18pm

A reversal of the early week beatdown may be in the offing but let's see what economic data the morning brings before getting too optimistic.

For today, we begin with these three links:

Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts & Bldg Perms
11/20 2:00 ET October FOMC minutes
11/21 8:30 ET Philly Fed
11/21 10:00 ET Existing Home Sales
11/22 9:45 ET Markit November Flash PMIs

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI