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

Fedlines At 2:00 ET

By Turd Ferguson | Wednesday, July 26, 2017 at 10:38 am

While these in-between FOMCs rarely produce much new information, the low-volume, summer doldrum "markets" are dying for anything to play around with. So while it's hard to expect more than a few subtle verbiage changes in today's Fedlines, be prepared for some HFT-created volatility regardless.

Turd's Vault

The Rising Tide

By Turd Ferguson | Tuesday, July 25, 2017 at 9:46 am

One of the tailwinds we have in 2017 is a sharply falling US dollar, at least as measured by the POSX. The idea is that this will promote a general interest in "commodities" and this rising tide will eventually help to lift Comex Silver and Comex Gold.

Turd's Vault

TFMR Podcast - Monday, July 24

By Turd Ferguson | Monday, July 24, 2017 at 4:36 pm

While the Comex metals may take a short breather over the next few days, the underlying trend remains in our favor.

More Commitment of Traders Perspective

By Turd Ferguson | Monday, July 24, 2017 at 10:33 am

We all saw a lot of commentary and "analysis" over the weekend regarding the latest Commitment of Traders report. Again, these numbers are most important when considered through the lens of historical perspective and that's what we attempt to show you today.

Turd's Vault

TFMR Podcast - Friday, July 21

By Turd Ferguson | Friday, July 21, 2017 at 6:28 pm

What started out as a dull, lifeless week turned into something special as the Comex metals climbed every day and Comex gold actually finished the week above ALL of its key moving averages. Combine this action with the latest CoT report and you have the setup for some very interesting days and weeks ahead.

Watching Gold Into The Close

By Turd Ferguson | Friday, July 21, 2017 at 9:55 am

We've been watching CDG climb all week toward the important level of $1250. With price butting up against some key technical indicators, we'll want to watch price into the close to see where we end the week.

A2A with Chris Martenson

By Turd Ferguson | Thursday, July 20, 2017 at 1:22 pm

A tremendous webinar today with Chris Martenson of PeakProsperity.com. Though we had to fight through some audio issues, the information and perspective that Chris shared with everyone is invaluable and demands your attention.

Turd's Vault

The Count Creates Craziness

By Turd Ferguson | Thursday, July 20, 2017 at 10:23 am

Count Draghi once again emerged from his crypt today and he had a few surprises up his cloak. Most notably, the revelation that "ECBQE tapering scenarios are not being discussed". And as those words passed his fangs, the fun began in earnest.

Turd's Vault

TFMR Podcast - Wednesday, July 19

By Turd Ferguson | Wednesday, July 19, 2017 at 5:36 pm

The word for the day is "unchanged". Bonds unch. CDG unch. CDS unch. HUI unch. However, below the surface, there were some very positive developments.

The Last JBSFC For A Few Weeks

By Turd Ferguson | Wednesday, July 19, 2017 at 3:06 pm

A thorough update last evening ahead of a multi-week break for Batchelor and Cohen as both prepare for some vacation time. Please be sure to listen so that you are fully caught up before the break.