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, September 14

Tuesday, September 14, 2021 - 5:26pm

It was just another day in the BizarroWorld of 21st century finance as the latest CPI numbers seemed to confuse just about everyone, including the HFT machines.

Again, the latest US CPI came in below expectations for the first time since October of last year. This sent bonds soaring (...

CPI Tuesday

Tuesday, September 14, 2021 - 10:33am

All sorts of commentary today that the drop in CPI...below expectations for the first time in a year...somehow proves Powell correct. Namely, that inflation is/was indeed "transitory". Well, as the old ball coach likes to say, "not so fast, my friend".

And we've been stating this here...

TFMR Podcast - Monday, September 13

Monday, September 13, 2021 - 3:57pm

The week begins with a mostly unchanged day for the Comex metals but a nice rally in the mining shares. Is this the start of a solid, bouncing week? We'll know more by tomorrow at this time.

For today, though, it was just nice to see some green in my miner portfolio. To that end,...

SPECIAL PODCAST: Andrew Bowering, Chairman of Apollo Silver Corp.

Monday, September 13, 2021 - 1:05pm

As we continue our series of interviews with mining executives, here's a brand new company for you to consider.

Apollo Silver Corp is a new venture into the silver space by Andrew Bowering, an industry veteran with a long track record of success in building companies and growing their...

Mundane Monday

Monday, September 13, 2021 - 10:34am

The new week begins and the best thing we can say about it is that it's a week before an FOMC meeting. This means that all Fed Goons must remain in the crypts and lairs all week. Yay us!

Yes, the September FOMC is scheduled for next week, the 21st and 22nd. So all Fed Goons are under...

TFMR Podcast - Friday, September 10

Friday, September 10, 2021 - 6:09pm

It was a lousy end to a lousy week...a week that began with such great promise, only to have the rug pulled out from under us again.

So all we can really do is take stock of what happened and why. We then move on to next week and what lays ahead, specifically the CPI and retail sales...

Back To Business

Friday, September 10, 2021 - 10:31am

Yesterday was a very frustrating day for many of us and even I allowed my personal emotions to spill over into the Jackass thread. But it's back to business today...on a day where the Comex PMs are business as usual.

Let's start with today's Producer Price Index. Again, the word is "...

Thursday Conversation - Jim Willie

Thursday, September 9, 2021 - 3:00pm

Well, here's something interesting....

Our old pal, Jim Willie, stops by today to share his thoughts on the current situation. And what "situation" is that? Well, it's best to just let The Jackass explain for himself.

And the "Thursday Conversation" format for this call sort...

Another Day In The Barrel

Thursday, September 9, 2021 - 9:59am

Man, this is not how I thought this week would play out. Instead, it's more like how I figured last week would play out. The fact that prices are about where they would be regardless brings no comfort.

All through last week, I was concerned that The Banks, by actively capping price at...

TFMR Podcast - Wednesday, September 8

Wednesday, September 8, 2021 - 4:10pm

It was another lousy day in the precious metals...made even worse by lousy news on so many other fronts, too.

So where do we even begin? With a general discussion, I guess, that includes a reference to all of the links listed below:

  • ...
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Key Economic Events Week of 9/13

9/13 2:00 ET Federal Budget
9/14 8:30 ET CPI
9/15 8:30 ET Import Pice Idx
9/15 8:30 ET Empire State Idx
9/15 9:15 ET Ind Prod and Cap Ute
9/16 8:30 ET Retail Sales
9/16 8:30 ET Philly Fed
9/16 10:00 ET Business Inventories
9/17 10:00 ET UMich Consumer Sentiment


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