TF Metals Report Blogs

So Long, Dec22

Tuesday, November 29, 2022 - 10:42am

After having been the Comex gold and silver front months for over 90 days, we finally wave goodbye to the Dec22 contracts today as they move off the board and into their "delivery" phase.

Just how many contracts will be left "open and standing" remains to be seen. Will there be over 30...

Back On The Chain Gang

Monday, November 28, 2022 - 10:19am

Well, that certainly was a welcome respite. However, it's back to work this morning and a very busy and consequential week awaits so let's get going!

First of all today, keep in mind the tried and true TFMR adage... It's not how you begin the week that matters as much as how...

Black Friday Sale

Friday, November 25, 2022 - 9:32am

The Comex precious metals have been marked down this morning after rallying through Thursday. Is this The Banks giving us a Black Friday sale? Instead, it's just AlgoHell on a very light volume, post-vacation and pre-weekend trade.

I hope everyone enjoyed the day off from the US...

Time To Eat

Wednesday, November 23, 2022 - 10:18am

It's almost time to slow down and take a day off for the US holiday of Thanksgiving. Almost. But there's still work to be dine today so let's dig in and git'r done.

The day has already been crazy volatile for Comex Digital Silver. Why? Again, when the carbon-based traders leave the...

Dec22 Option Expiration Day

Tuesday, November 22, 2022 - 10:52am

It's expiration day for the Dec22 Comex contracts and, surprise surprise, both digital metals are actually green and UP on the day so far? What's the deal? Well, sometimes the HFT algo trade is too tough for even The Banks to overcome.

And what do I mean by that? Well first of all, let...

Let's All Take The Week Off

Monday, November 21, 2022 - 10:40am

Seriously. Nothing good is going to happen for us. The Comex PMs will remain under pressure through tomorrow with option expirations and then the rest of the week will be nonsense, low volume and HFT algo driven. What fun is that?

And so much of the news of just infuriating...and who...

NYSE Option Expiry

Friday, November 18, 2022 - 10:50am

We've been preparing all week for Comex option expiration next Tuesday. But today is the third Friday of the month and that means that NYSE equity options will expire today. Does that help to explain the pressure under which Comex god finds itself today?

It certainly isn't helping,...

Just As Winter Follows Summer

Thursday, November 17, 2022 - 10:38am

In a totally unexpected development, the prices of Comex digital precious metal are falling sharply today ahead of next week's option expiration. How could anyone have seen that coming?

All you can do today is laugh, shake your head and roll your eyes. It's not as if any of this was...

World War Wednesday

Wednesday, November 16, 2022 - 10:46am

Lucky for us...and much to the chagrin of The War seems that our analysis of the situation yesterday has been proven to be correct. The missile that landed in Poland was, in fact, an S-300 SAM that was launched by Ukraine in defense against the incoming Russian missiles.



Tuesday, November 15, 2022 - 10:28am

If you listened to Monday's podcast, then you know that I tortured myself late yesterday with the thought of buying a very short term put on Comex silver. As per usual, he who hesitates is lost.

The news this morning was the latest Producer Price Index. Like the Consumer Price Index...