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

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.

Turd's Vault

Watching USDJPY

By Turd Ferguson | Wednesday, July 19, 2017 at 9:52 am

Once again, we find ourselves closely monitoring the all-important USDJPY. Why? Because if the 2017 pattern repeats again, it's about to fall even farther. And if it falls back toward the 2017 lows...well, you should know by now what that will mean for the price of Comex Digital Gold.

Turd's Vault

TFMR Podcast - Tuesday, July 18

By Turd Ferguson | Tuesday, July 18, 2017 at 5:12 pm

Another crazy day at Turdfork results in another podcast from the garden-level echo chamber. Audio quality notwithstanding, please be sure to listen to this podcast as the turnaround in prices is leading to a some very interesting possibilities.

A Specific Peculiarity

By Turd Ferguson | Tuesday, July 18, 2017 at 10:02 am

For years, we've watched JPMorgan stockpile what is alleged to be physical gold and silver in their Comex vaults. However, something has changed over the past four months and we thought we should bring this to your attention today.

Turd's Vault

TFMR Podcast - Monday, July 17

By Turd Ferguson | Monday, July 17, 2017 at 6:01 pm

You may not have noticed but today could turn out to be a rather important day on our road to price recovery after this latest Bank-led, Spec washout.

Turd's Vault

Comex Gold Threatens Its 200-Day Moving Average

By Turd Ferguson | Monday, July 17, 2017 at 9:06 am

As Comex gold approaches its always-critical 200-day moving average, today we review the latest charts and assess what might drive the "markets" as the week progresses.

Another Visit With Keith Neumeyer

By Turd Ferguson | Sunday, July 16, 2017 at 9:08 am

With silver prices falling and now near their lows for all of 2017, what a great time to check in once again with Keith Neumeyer, CEO and President of First Majestic Silver as well as Chairman of First Mining Finance.

Turd's Vault

TFMR Podcast - Friday, July 14

By Turd Ferguson | Friday, July 14, 2017 at 5:57 pm

A terrific turnaround Friday that ends with an amazing CoT report leaves ole Turd wondering if he should soon come out of trading "retirement". Yes, it was that kind of day.