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, October 23

In a surprise reversal, the all-important USDJPY actually closed lower on the day. This helped the Comex "metals" to inch back higher, easing the pressure and allowing some optimism for where things head from here.

A Busy Week Begins

The week begins with a USDJPY rally as Mother's Friday comments are swept away by the sweeping election victory of Abe in Japan. So now we watch for the expected resistance to come and hope that this provides support for Comex Gold in the days ahead.

TFMR Podcast - Friday, October 20

A challenging week ends, made all the more frustrating by how bright things looked just last Friday. So now we are forced to look ahead to the next few weeks and assess the risks that The Banks will attempt to break gold down in the hope of inspiring a flush of Spec long liquidation.

Friday Blah

In an unprecedented level of G-3 control, the all-important USDJPY has now been force-reversed on three occasions in just the past 24 hours. We simply must take this into consideration as we assess the short-term potential of the Comex metals.

TFMR Podcast - Thursday, October 19

Another magical day on Wall Street as the "stock market" once again recovers all of its overnight losses to close green on the day. Meh, whatever. At least the Comex metals also recovered and now have placed themselves in a position to finish the week strong.

Thursday Hope

As the all-important USDJPY once again struggles with the 113 level, hope is gaining traction this morning as Comex Digital Gold prices rise back toward $1290. Once more with meaning, it's not how you begin the week that matters...

TFMR Podcast - Wednesday, October 18

It appears now that The Banks are getting set for another flush of The Specs with a run at the 200-day MA. If that's the case, we thought we should take some time today to get you prepared.

An Important History Lesson from Batchelor and Cohen

Sometimes I feel like I'm attending a graduate level Russian History & Studies class as I listen to Batchelor and Cohen. Last evening's program was another valuable lesson as the history of NATO was discussed.

No Fun Wednesday

Not so happy Tuesday is followed by No Fun Wednesday as the USDJPY continues to surge. Comex Gold is now down over $25 in less than 24 hours and this week is shaping up to be a real dud.

TFMR Podcast - Tuesday, October 17

Over the past 24 hours, the Comex metals have fallen in an outsized proportion relative to the move in the all-important USDJPY. This clearly betrays a deliberate intention of The Banks to paint the charts lower.

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