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.

Song For Someone

There is a dark that we shouldn't doubt.

Thursday, October 17, 2019 - 9:12am
By

Another string of dismal US economic numbers this morning are not enough to jump start Comex gold and silver. But that's OK. These numbers certainly aren't enough to jump start the US economy, either, as it slowly grinds to a stand-still and contracts toward recession.

Today's data...

TFMR Podcast - Wednesday, October 16

Wednesday, October 16, 2019 - 4:51pm

Comex Digital Gold today recouped much of its losses from yesterday and is once again up a few dollars on the week. Can we hold and extend from here and finish the week with a green candle?

For today, just a brief podcast as I implore you to spend some time listening to Batchelor and...

Batchelor and Cohen Talk Turkey

An update on The New Cold War

Wednesday, October 16, 2019 - 4:09pm
By
7

With the US moving out and Russia moving in, another new chapter in The New Cold War is being written. In this abbreviated podcast, Batchelor and Cohen provide historical background and current perspective to the rapidly-changing situation.

As always, please be sure to listen. Nowhere...

Bond Market Buggers

And gold suffers the consequences.

Wednesday, October 16, 2019 - 10:52am
By
10

Despite a truly lousy US retail sales report, the US bond market is selling off again today and this is, of course, leading to an erosion of early gains in Comex Digital Gold, too. So what's behind this incessant bond market selling? It's impossible to know for certain but we can speculate....

TFMR Podcast - Tuesday, October 15

Tuesday, October 15, 2019 - 5:19pm
11

It was a frustrating day of contrary trading and stock market hype. But we'll try to remember that Comex gold and silver are both still up nearly 20% since late May while we attempt to summarize the day's events and look ahead to tomorrow.

For today, a discussion of these two links...

The Boys Are Back In Town

Them wild-eyed boys that had been away.

Tuesday, October 15, 2019 - 10:36am
By

In deference to Thin Lizzy, whom today received a nomination to the Rock and Roll Hall of Fame, the boys are indeed back in town after the Columbus Day bank holiday and, once Comex trading began in New York, prices were smashed in their usual manner.

Wasn't Monday nice? Just some...

TFMR Podcast - Monday, October 14

Monday, October 14, 2019 - 4:16pm
12

It was a quiet day of holiday trading but it's back to business tomorrow so please have a listen and get ready for a busy week ahead.

For today, we spend the first 2/3 of this podcast discussing this link:...

Bank Holiday

Could they take the whole week off?

Monday, October 14, 2019 - 11:04am
By
15

It's Columbus Day in the U.S. and all of the Banks are closed. This also means that there is no trading in treasuries or treasury futures, too. YIPPEE!! Is there any way we can get these freaking criminals to take the rest of the month off? It's awful nice not having them around!

You...

TFMR Podcast - Friday, October 11

Friday, October 11, 2019 - 5:42pm
17

By the grace of God, this agonizing week has finally drawn to a close. On the bright side, it's hard to imagine how next week could be worse...so we've got that going for us.

For today, a punch-drunk general discussion of the Trade War madness followed by a rundown of...

TFMR Media This Week

Friday, October 11, 2019 - 4:00pm
By
12

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://...

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 10/21

10/22 10:00 ET Existing home sales
10/24 8:30 ET Durable Goods
10/24 9:45 ET Markit flash PMIs
10/24 10:00 ET New home sales
10/25 10:00 ET Consumer Sentiment

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.

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