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.

Bond Market Buggers

And gold suffers the consequences.

Wednesday, October 16, 2019 - 10:52am

By TF

TFMR Podcast - Tuesday, October 15

Tuesday, October 15, 2019 - 5:19pm

The Boys Are Back In Town

Them wild-eyed boys that had been away.

Tuesday, October 15, 2019 - 10:36am

By TF

TFMR Podcast - Monday, October 14

Mon, Oct 14, 2019 - 4:16pm

Bank Holiday

Mon, Oct 14, 2019 - 11:04am

By TF

TFMR Podcast - Friday, October 11

Fri, Oct 11, 2019 - 5:42pm

110

TFMR Media This Week

Friday, October 11, 2019 - 4:00pm

By TF

Created primarily for newsletter subscribers, here's a free link to all of the media appearances we made this week.

Back on Tuesday, it was a pleasure to appear on the TD Ameritrade network: https://...

O Death, Where Is Thy Sting?

Friday, October 11, 2019 - 10:34am

By TF

What has been about the single most agonizing and painful week in recent memory for the precious metals finally draws to a close.

Oh my gosh, am I ever ready for the weekend! Consider all of the stuff that has happened this week which is VERY gold positive:

zero/negative

Thursday Conversation - Willem Middelkoop

Thursday, October 10, 2019 - 1:00pm

With TF

Our old friend Willem Middelkoop is a commodity fund manager, geo-political analyst and best-selling author. With all that's going on in the world, we were definitely overdue for this conversation.

As with all Thursday Conversations, I asked Will to focus on three primary topics:...

China Syndrome Worsens

Radiation poisoning preferable to watching Comex.

Thursday, October 10, 2019 - 10:16am

By TF

Sticking with the theme of the week, The China Syndrome has reached its peak intensity today as Trade War peace talks begin in Washington. But Comex gold is getting smashed so it most all be going swimmingly.

This is so freaking ridiculous that it makes ME want to...

TFMR Podcast - Wednesday, October 9

Wednesday, October 9, 2019 - 4:57pm

Trade War terrors and Trump talking tough on Turkey key a tumultuous time for timid traders.

Let's begin today with these connected items:

https://www.zerohedge.com/

When QE Is Not QE

Symantic bullshit in the 21st century.

Wednesday, October 9, 2019 - 11:08am

By TF

What's that old saying about how if it walks like a duck and quacks like a duck?

I think we covered this pretty well in yesterday's podcast but just to be sure, let's try to summarize this again. Here's a tweet I sent out to the world earlier this morning:...

TFMR Podcast - Tuesday, October 8

Tuesday, October 8, 2019 - 4:27pm

It was a restless day, only to be saved by an appearance by Chief Goon Powell who proudly proclaimed that the next "large scale asset purchase program" will begin "soon".

You can read all about CGP and his plans here:

China Syndrome

Trade War peace talks are all that matters this week.

Tuesday, October 8, 2019 - 10:06am

By TF

After getting blasted lower yesterday on Trade War Peace Talk optimism, the Comex precious metals are spiking back higher today as that same optimism fades away.

So let's start there as that's the biggest news of the day thus far...knowing full well that it could all turn around with...

TFMR Podcast - Monday, October 7

Monday, October 7, 2019 - 5:59pm

Today was full of ridiculous nonsense as The Algos bought and sold imaginary "gold" based solely upon the whims of Twitter and a few headlines. And to think that this will continue for the remainder of the week. Ugh!

Sorry for the late podcast today and since it's late...and since the...

Special Podcast: John Anderson, CEO of Triumph Gold Corp.

Monday, October 7, 2019 - 1:00pm

As you know, from time to time we like to get acquainted with industry experts and companies that deserve some extra attention. So here's another. Please have a listen to this conversation with John Anderson of Triumph Gold Corp.

Triumph looks interesting. It's based in the Yukon, it...

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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits