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 - Thursday, June 27 - A conversation with David Brady of Global Pro Traders

Thursday, June 27, 2019 - 3:00pm

In the final installment of our series, we speak with David Brady, co-founder of Global Pro Traders. This podcast is designed to help you sharpen your trading skills for the months ahead.

You can follow David through his work at Sprott Money, on Twitter @globalprotrader or through his...

Working Off The Overboughtedness

It's just a normal part of a bull market.

Thursday, June 27, 2019 - 10:02am

"Overboughtedness" is a term we use to describe a market where massive runs have led to a surge in sentiment, a buying exhaustion and a peak in the RSI. This describes Monday's Comex Digital Gold quite well and we are working off this overboughtedness again today.

The "fundamental"...

TFMR Podcast - Wednesday, June 26 - A conversation with Ned Naylor-Leyland

Wednesday, June 26, 2019 - 3:00pm

In preparation for what is now almost certainly coming over the horizon, yesterday we spoke with Ronni Stoeferle regarding "big picture" issues. Today, we ask our old pal, Ned, to discuss the mining shares and how to profit from them in the months ahead.

For the purpose of this podcast...

JBSFC Ahead Of The G-20

Wednesday, June 26, 2019 - 11:22am

With the G-20 meeting looming for this weekend, Batchelor and Cohen bring you up-to-speed on what to watch when Trump meets Putin and when Trump meets Xi.

John and Steve take care to remind you of the Russian and Chinese perspective in all of this. How does Eurasia fit into the picture...


The trauma of the past six years is apparent.

Wednesday, June 26, 2019 - 10:57am

The price of Comex gold is now down about $30 from its peak of yesterday. And, apparently, that's it. We're now doomed. Price is heading the triple digits. Sell everything and buy dollars.

At least that's what I'm reading on Twitter and on various sites where alleged "experts"...

TFMR Podcast - Tuesday, June 25 - A conversation with Ronni Stoeferle

Tuesday, June 25, 2019 - 3:00pm

If you have an interest in the precious metals, then the annual "In Gold We Trust" report from Incrementum AG is always a must read. As a follow-up, here's your chance to hear directly from one of the report's principal authors, our pal Ronald-Peter Stoeferle.


Rolling Along

The gold train keeps chugging.

Tuesday, June 25, 2019 - 9:42am

Comex Digital Gold continued higher last evening but was once again stalled and reversed during the London Monkey session. Back on Friday, price quickly recovered the same type of losses. Can it do so again today?

But at some point, this has to slow down. Though the chart below makes...

TFMR Podcast - Monday, June 24

Monday, June 24, 2019 - 5:34pm

As we prepare to ride off into the sunset for a few days, here's a podcast designed to help you keep your head screwed on straight as we go through the week.

Just a whole bunch of talking today, followed by a discussion of these charts:...

Long, Strange Week Ahead

And it leads into quarter end, too.

Monday, June 24, 2019 - 10:22am

It is going to be another busy and interesting week. Between the continuing surge in gold, the unpredictable nature of geo-politics and the Jul19 Comex silver option expiration, we've got a long, strange trip ahead.

And that term applies to my personal odyssey this week, as well....

TFMR Podcast - Friday, June 21

Friday, June 21, 2019 - 5:55pm

It was an important and busy week so I guess it should be no surprise that this Friday summary podcast clocks in at over 27 minutes. But please try to give it a listen, even if you have to break it up into segments over the weekend.

For today, just this one link:...

Key Economic Events Week of 7/15

7/15 8:30 ET Empire State Fed Index
7/16 8:30 ET Retail Sales and Import Price Index
7/16 9:15 ET Cap Ute and Ind Prod
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts and Building Permits
7/18 8:30 ET Philly Fed
7/19 10:00 ET Consumer Sentiment

Key Economic Events Week of 7/8

7/9 8:45 ET Fed Stress Conference, three Goon speeches
7/10 8:30 ET CGP Hump-Hawk prepared remarks
7/10 10:00 ET CGP Hump-Hawk House
7/10 10:00 ET Wholesale Inventories
7/10 2:00 ET June FOMC minutes
7/11 8:30 ET CPI
7/11 10:00 ET CGP Hump-Hawk Senate
7/11 12:30 ET Goon Williams
7/12 8:30 ET PPI

Key Economic Events Week of 7/1

7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 10:00 ET Construction Spending
7/2 6:35 ET Goon Williams
7/3 8:15 ET ADP June employment
7/3 8:30 ET Trade Deficit
7/3 9:45 ET Markit Services PMI
7/3 10:00 ET ISM Services PMI
7/3 10:00 ET Factory Orders
7/4 US Market Holiday
7/5 8:30 ET BLSBS

Key Economic Events Week of 6/24

6/25 10:00 ET New Home Sales
6/25 1:00 pm ET Chief Goon Powell
6/25 5:30 pm ET Goon Bullard
6/26 8:30 ET Durable Goods
6/27 8:30 ET Q1 GDP final guess
6/28 8:30 ET Personal Income and Consumer Spending
6/28 8:30 ET Core Inflation
6/28 9:45 ET Chicago PMI

Key Economic Events Week of 6/17

6/18 8:30 ET Housing Starts and Building Permits
6/19 2:00 ET FOMC Fedlines
6/19 2:30 ET CGP presser
6/20 8:30 ET Philly Fed
6/21 9:45 ET Markit flash June PMIs

Key Economic Events Week of 6/10

6/11 8:30 ET Producer Price Index
6/12 8:30 ET Consumer Price Index
6/13 8:30 ET Import Price Index
6/14 8:30 ET Retail Sales
6/14 9:15 ET Cap Ute and Ind Prod
6/14 10:00 ET Business Inventories

Key Economic Events Week of 6/3

6/4 All day Fed conference in Chicago
6/4 10:00 ET Factory Order
6/5 9:45 ET Markit Services PMI
6/5 10:00 ET ISM Services PMI
6/6 8:30 ET US Trace Deficit
6/7 8:30 ET BLSBS
6/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 5/28

5/28 10:00 ET Consumer Confidence
5/30 8:30 ET Q1 GDP 2nd guess
5/31 8:30 ET Personal Income and Consumer Spending
5/31 8:30 ET Core Inflation
5/31 9:45 ET Chicago PMI

Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
5/15 10:00 ET Business Inventories
5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment


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