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, June 21

Monday, June 21, 2021 - 4:29pm
23

We had a littel bounce today and anything is preferable to the beatings we took last week. But it's going to be a volatile few days ahead and it starts tomorrow with another appearance by Chief Goon Powell.

For today, though, just some relief that the oversold conditions made for a...

Already Monday

Monday, June 21, 2021 - 10:29am
By
19

We're back into the mire and muck after a weekend that seemed way too short. At least, if anything, it's hard to imagine that this week will be a painful as last week.

I hope everyone had a restful weekend. It was Father's Day in the US and it was also great fun to watch the second...

SPECIAL PODCAST: Keith Neumeyer for First Mining Gold

Sunday, June 20, 2021 - 12:14pm
With
16

Many of you know Keith Neumeyer as founder and CEO of First Majestic Silver, one of the largest primary silver miners in the world. But Keith is also founder and chairman of a company called First Mining Gold, which many of us first got exicted about a few years ago. Well, Keith is back today...

TFMR Podcast - Friday, June 18

Friday, June 18, 2021 - 10:38pm
24

It was a lousy week and we need to put it behind us. So let's give this podcast a listen and prepare for the week ahead.

It's late, too. I won my golf match but I didn't start recording this podcast until 10:00 pm ET.

Here's the link to the Eric audio this morning:...

Land Of Confusion

Friday, June 18, 2021 - 11:07am
By
21

This is the time. This is the place. So we look for the future.
But there's not much love to go round. Tell me why, this is a land of confusion.

That song has been stuck in my head all morning. And why wouldn't it be? Are we not in a land of confusion?

Not only are the...

TFMR Podcast - Thursday, June 17

Thursday, June 17, 2021 - 5:56pm
24

Well, here we are again. Another massive red candle and it's not even the worst beating that we've taken recently. So, what to do next? Come on in and let's talk about it.

First of all, there's so much to discuss today that we ran 22+ minutes and didn't even cover any outside links or...

Another Massive Red Candle

Thursday, June 17, 2021 - 10:40am
By
31

You might think that given the events of the past year, the demand for precious metal in all its forms would lead to surges in buying that would paint green candles on the chart. Nope. Instead, it has led to multiple surges in selling that has now painted as many as TEN massive red daily...

TFMR Podcast - Wednesday, June 16

Wednesday, June 16, 2021 - 5:45pm
28

What an surreal day. Just when you thought that "the markets" couldn't get more detached from reality, today brought a cold slap in the face and a declaration that "YES THEY CAN".

So, no links today. Just a general discussion of my interpretation of the day's events.

We begin...

Here Come The Fedlines

Wednesday, June 16, 2021 - 10:30am
By
20

For as long as I can remember, we've called the 2:00 pm ET press release that follows an FOMC meeting "fedlines". LIESman and others will parse each sentence in an effort to uncover some sort of hidden code that explains what the Fed Goons has discussed. They'll no doubt do so again today....

TFMR Podcast - Tuesday, June 15

Tuesday, June 15, 2021 - 5:32pm
20

With one more day to go before the FOMC Fedlines, today brought another day of Comex paper selling. OK, fine. Whatever. But what will tomorrow bring? Come on in and let's talk about it.

For today, just a recap of the latest pounding and then a mention of these two links:

    ...
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Key Economic Events Week of 6/21

6/21 9:45 ET Goons Bullard and Kaplan
6/22 2:00 ET CGP on Capitol Hill
6/23 9:45 ET Markit flash PMIs for June
6/24 9:30 ET Durable Goods
6/24 9:30 ET Q1 GDP final guess
6/24 9:30 ET Goons Bostic and Harker
6/24 11:00 ET Goon Williams
6/24 1:00 ET Goon Bullard again
6/25 8:30 ET Personal Inc and Spending
6/25 8:30 ET Core PCE
6/25 10:00 ET UMich Consumer Sentiment

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