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.

TFMR Podcast - Tuesday, July 23

Tuesday, July 23, 2019 - 4:14pm

Boris, Christine and Jefferson Davis

Up, down and sideways.

Tuesday, July 23, 2019 - 11:05am

By TF

TFMR Podcast - Monday, July 22

Monday, July 22, 2019 - 3:35pm

With TF

The Intrigue Begins

Mon, Jul 22, 2019 - 10:26am

By TF

TFMR Podcast - Friday, July 19

Fri, Jul 19, 2019 - 6:35pm

A Summary Of This Week's Media

Fri, Jul 19, 2019 - 6:30pm

By TF

Freaky Friday

Friday, July 19, 2019 - 10:59am

By TF

It has been a heck of a week. However, as we've been discussing the past few days, can we bring it across the finish line with green candles showing a break out? Even as I type, the jury is still out.

As you likely noticed, last evening saw Comex Digital gold trade all the way to a...

TFMR Podcast - Thursday, July 18

Thursday, July 18, 2019 - 5:26pm

Another tremendous day for the Comex precious metals. Now, can we hold it together through tomorrow and the weekly close? Come on in and let's talk about it.

For today, a lengthy general discussion which includes these two ZH links:

Waiting For Friday

It will be important to finish the week strong.

Thursday, July 18, 2019 - 10:33am

By TF

It has been a terrific week, particularly in Comex Digital Silver. However, as a subscriber to this site, you know how important I think weekly closes are...thus, we wait to see how things finish up tomorrow before getting too excited.

In yesterday's podcast, we...

TFMR Podcast - Wednesday, July 17

Wednesday, July 17, 2019 - 6:05pm

What a crazy day with Comex gold closing at a new 2019 high and Comex silver making it to $16. And while all of this is very fun, we need to be mindful that it's only Wednesday and that there are still 48 hours of possible Bank dirty tricks before we can paint any weekly candles.

For...

JBSFC Return

Wednesday, July 17, 2019 - 5:10pm

By TF

After a three-week hiatus, our friends John and Steve returned last evening with another compelling update on The New Cold War.

To be honest, it has been such a busy day that I'm having to post this "sound unheard". I hope to listen later this evening.

Thanks to everyone...in...

Gold As A Pet Rock

It's International Pet Rock Day! Please read this FREE, public post.

Wednesday, July 17, 2019 - 10:32am

By TF

Yep, it was four years ago today that the Wall Street Journal's infamous gold troll, Jason Zweig, wrote his masterpiece of idiocy. Let's celebrate that anniversary today as "Pet Rock Day"!

We might as well begin with a link to Jason's crowning achievement. Here's his seminal piece in...

TFMR Podcast - Tuesday, July 16

Tuesday, July 16, 2019 - 6:09pm

Trade War off, Trade War on. US economy weak, US economy strong. Fed hawkish, Fed dovish. Comex gold down, Comex silver up. It was that kind of day.

For today's podcast, please be sure to review these four links and the list of headlines from Goon Evans:

Silver Popping

And it's moving toward our initial target.

Tuesday, July 16, 2019 - 10:40am

By TF

It began yesterday in what appeared to be an anomaly. However, the surge in Comex Digital Silver today should have your attention.

Now there are a number of theories as to why Comex Silver has underperformed versus Comex gold over the past six weeks. As you know, I feel that The Banks...

TFMR Podcast - Monday, July 15

Monday, July 15, 2019 - 4:04pm

It was a pretty quiet, mid-summer day so there's not much point in taking up too much of your time today.

To begin, we discuss the bond market, the POSX and the general quiet of the Monday trade. However, tomorrow will be more interesting with the 8:30 ET release of the latest US...

Already Monday

Back to work.

Monday, July 15, 2019 - 10:12am

By TF

It seems as if it was just Friday with a fun weekend ahead. But now it's Monday and it's back to work.

You'll recall that we left off on Friday with a pretty solid rally on the Globex. Well, if you were following along last evening, you got to witness just how quickly The Banks acted...

Key Economic Events Week of 7/22

7/23 10:00 ET Existing home sales
7/23 10:00 ET Richmond Fed Manu Idx
7/24 9:45 ET flash Markit PMIs
7/25 8:00 ET Count Draghi/ECB policy meeting
7/25 8:30 ET Durable Goods
7/25 8:30 ET Wholesale Inventories
7/26 8:30 ET Q2 GDP first guess

Key Economic Events Week of 7/15

7/15 8:30 ET Empire State Fed Index
7/16 8:30 ET Retail Sales and Import Price Index
7/16 9:15 ET Cap Ute and Ind Prod
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts and Building Permits
7/18 8:30 ET Philly Fed
7/19 10:00 ET Consumer Sentiment

Key Economic Events Week of 7/8

7/9 8:45 ET Fed Stress Conference, three Goon speeches
7/10 8:30 ET CGP Hump-Hawk prepared remarks
7/10 10:00 ET CGP Hump-Hawk House
7/10 10:00 ET Wholesale Inventories
7/10 2:00 ET June FOMC minutes
7/11 8:30 ET CPI
7/11 10:00 ET CGP Hump-Hawk Senate
7/11 12:30 ET Goon Williams
7/12 8:30 ET PPI

Key Economic Events Week of 7/1

7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 10:00 ET Construction Spending
7/2 6:35 ET Goon Williams
7/3 8:15 ET ADP June employment
7/3 8:30 ET Trade Deficit
7/3 9:45 ET Markit Services PMI
7/3 10:00 ET ISM Services PMI
7/3 10:00 ET Factory Orders
7/4 US Market Holiday
7/5 8:30 ET BLSBS

Key Economic Events Week of 6/24

6/25 10:00 ET New Home Sales
6/25 1:00 pm ET Chief Goon Powell
6/25 5:30 pm ET Goon Bullard
6/26 8:30 ET Durable Goods
6/27 8:30 ET Q1 GDP final guess
6/28 8:30 ET Personal Income and Consumer Spending
6/28 8:30 ET Core Inflation
6/28 9:45 ET Chicago PMI

Key Economic Events Week of 6/17

6/18 8:30 ET Housing Starts and Building Permits
6/19 2:00 ET FOMC Fedlines
6/19 2:30 ET CGP presser
6/20 8:30 ET Philly Fed
6/21 9:45 ET Markit flash June PMIs

Key Economic Events Week of 6/10

6/11 8:30 ET Producer Price Index
6/12 8:30 ET Consumer Price Index
6/13 8:30 ET Import Price Index
6/14 8:30 ET Retail Sales
6/14 9:15 ET Cap Ute and Ind Prod
6/14 10:00 ET Business Inventories

Key Economic Events Week of 6/3

6/4 All day Fed conference in Chicago
6/4 10:00 ET Factory Order
6/5 9:45 ET Markit Services PMI
6/5 10:00 ET ISM Services PMI
6/6 8:30 ET US Trace Deficit
6/7 8:30 ET BLSBS
6/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 5/28

5/28 10:00 ET Consumer Confidence
5/30 8:30 ET Q1 GDP 2nd guess
5/31 8:30 ET Personal Income and Consumer Spending
5/31 8:30 ET Core Inflation
5/31 9:45 ET Chicago PMI

Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods