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.

Holding Firm

More lousy economic data was released this morning. This is helping the metals to remain firm and will likely induce another update from Mr. Donut. Let's hope this extends into the close so that we can wrap the week on an UPtick.

TFMR Podcast - Thursday, March 16

It was a brutal day of Cartel price capping following yesterday's explosive reaction to the FOMC rate decision. But oh well, it is what it is. Let's focus instead upon the good things that are happening and the higher lows that have been painted onto the charts.

Fighting The Banks

The strong reaction in the metals continued overnight and the picture has turned decidedly more positive in the hours since the FOMC. However and as you would expect, The Cartel Banks are still in the "market" this morning and doing their best to contain and control this latest price move.

TFMR Podcast - Wednesday, March 15

Mother hikes again but all she is accomplishing is a flattening of the yield curve. And with the US economy already slowing to a full stop, what's next may be rate cuts, not more hikes. Recognizing this, both CDG and CDS shot higher this afternoon and have now positioned themselves for a very important end to the week.

The Latest From Batchelor and Cohen

Professor Cohen and Mr. Batchelor got together again last evening for their weekly discussion of The New Cold War. Events are once again moving quickly so please be sure to give this a thorough listen as soon as you can find the time.

Oh Mother, Where Art Thou?

Thank goodness it's finally FOMC Fedlines day and the sole remaining question is if Mother will only raise the Fed Funds rate by 25 bps. If she does, it will be very important to keep in mind that the gold price bottomed the day following the FOMC hikes of the past two Decembers, not the day before.

Cartel Doing Their Business

It was a brutal day of direct, Cartel price capping and raiding ahead of tomorrow's FOMC Fedlines.

Politics and economics--Sorry, they cannot be separated

The other night, I could not sleep, and as usual I went downstairs, stoked up the fire, and began to let my mind wander, digging out my subconscious concerns so I could face them. And as usual, my 22 year old daughter, who is a night owl, wandered downstairs and said, “Hi Dad. Can’t sleep? What’s on your mind?” She plopped down on the couch next to me and we started talking.

Moribund Monday

With all eyes focused upon Mother and her Wednesday Fedlines, the week begins with some listless and dull action.

TFMR Podcast - Friday, March 10

The week actually ended on an up note for the metals and miners...which is nice. But the important action is next week and the "market" reaction to Mother and her expected Fed Funds rate hike.

Syndicate contentTF Metals Report Front Page RSS Feed