TF Metals Report Blogs

Collapsing Comex Open Interest

A very interesting trend.

Thursday, March 26, 2020 - 10:55am

Even though Comex Digital Gold is back to multi-year highs, the total contract open interest continues to decline. While this may be mostly due to the pending "expiration" of the Apr20 contract, the drop from alltime highs is remarkable. Even more remarkable is the utter collapse in the total...

The COMEX/LBMA Teeters

Wednesday, March 25, 2020 - 10:46am

It now appears that there were, in fact, major issues with several bullion banks yesterday. Though trading is "back to normal" today, cracks in the facade have been exposed and more people than ever are coming to terms with the realization that gold and silver are priced through a fraudulent,...

$200 In 24 Hours

Tuesday, March 24, 2020 - 10:32am

Well, this has certainly been a week to remember....and it's only Tuesday.

Not really sure where to start this morning but I guess we'll go with this chart:...


Please read and forward this free public thread.

Monday, March 23, 2020 - 10:47am

What's the old adage about how "first they laugh at you, then they criticize you", that whole thing? Well, ten years on, all of our talk about The End of The Great Keynesian Experiment is seemingly playing out before your eyes. I hope you prepared accordingly.

Every Sunday, MrsF and I...

Free Audio and Video

Friday, March 20, 2020 - 4:24pm

Since the entire world is basically on lockdown this weekend, I just thought I might consolidate this week's media and interviews into one handy thread.

If you've made all your preparations to "shelter in place" for a while, then you'll likely need something to keep your mind occupied...

Into Week End

For the Comex metals, the week ends better than it began.

Friday, March 20, 2020 - 11:06am

There's not a lot to say this morning so let's just update the charts and look for some levels to watch into the close.

First of all, don't forget that the coronavirus does not change the calendar so today brings the once-per-quarter "quadruple witching". Again, what is this?...

Crashing Economies

Thursday, March 19, 2020 - 10:52am

This is hardly news but we should make note of it today, regardless. And it's not just the US, Europe, Canada and the rest. The damage being wrought upon the emerging markets due to the ongoing, incredible spike in the US$ will be long-term and impactful, as well.

Here's are ZH links...

Gonna Need A Bigger Boat

Wednesday, March 18, 2020 - 11:07am

For the past couple of weeks, we've discussed how the coming "fiscal and monetary stimulus" is going to be the largest ever seen...and far larger than any of the ideas currently being floated. Therefore, you should continue to ignore the COMEX prices. Those current paper prices only matter if...

The Deepening Crisis

Tuesday, March 17, 2020 - 10:59am

As the global coronavirus siege worsens, the economic toll also worsens by the day. And though there may be some slivers of good news on the public health front, the damage to the global economy may be severe and permanent.

Clearly, we've all seen the wild equity and bond market...

OK, Here We Go

Monday, March 16, 2020 - 11:15am

Up to the edge and over into the abyss? Maybe. This is now an hour-by-hour event that is trending toward minute-by-minute. You've seen the reaction today across all markets and it's impossible to know what tomorrow might bring.

As you might expect, I'm really not sure of where to start...