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, October 9

With the yuan-gold peg beginning to dominate the discussion, today we make another attempt to explain the "how" component of the question.

More Catching On

The CNY-GC peg is now becoming so obvious that more and more folks are catching on. Unfortunately, this does little to stop or reverse the downward momentum.

TFMR Podcast - Monday, October 8

There are two bright sides on a day like today. One, we can now definitively state that someone/something has pegged dollar-gold to the dollar-yuan. And two, the shares actually rebounded and the HUI closed green on the day despite the yuan-related smashing of the Comex digital metals.

Dreary Monday

The Chinese return and the PBOC immediately weakened the CNY overnight. With Comex gold down as much as $17 earlier, I guess we have our answer regarding which way the "peg" would respond today.

TFMR Podcast - Friday, October 5

It will be a very interesting Monday and Tuesday as Comex gold finished the Chinese Golden Week with a 1% gain. Has price decoupled for the yuan? We'll know soon enough.

Your Latest "In Gold We Trust" Chartbook

Our pal Ronni Stoeferle and his friends at Incrementum AG have just released the latest chartbook update in their "In Gold We Trust" series. Over the weekend, be sure to spend some time looking over this very valuable information.

A Non-Event BLSBS

Back in the day, BLSBS Friday meant volatility and craziness. In 2018 and with Comex gold now closely tied to the CNY, it seems the BLSBS hardly even matters.

Thursday Conversation - Alasdair Macleod

We kick off our new weekly series with an old friend, Alasdair Macleod of GoldMoney. Be sure to give this a listen.

More Questions Than Answers

Even though there are mentions of a blowout BLSBS number tomorrow...and even though interest rates continue to rise...Comex gold and silver are bouncing back today and once again positioning themselves directly below their respective 50-day MAs as we move toward the end of the week.

TFMR Podcast - Wednesday, October 3

A major bond market selloff helped to push the Comex metals back lower today and with the BLSBS pending for Friday, it remains to be seen whether prices can finish the week in the green.

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