TF Metals Report Blogs

Wash, Rinse, Repeat

Thursday, December 2, 2021 - 10:58am

The new day dawns with the same price action that we've seen over the past two weeks. With all momentum and sentiment drained once again from Comex, prices continue to fall regardless of the daily moves in the bond market or the POSX.

What an extraordinarily difficult month this has...

December Begins

Wednesday, December 1, 2021 - 10:41am

Wednesday dawns with more hysteria over the latest Covid mutation but "the markets" are shrugging this off with the POSX falling and nearly that fell yesterday bouncing back today. Well, almost everything...

You'll recall the screenshot of the entire commodity board that was discussed...

Powell, Mother and Omicron

Tuesday, November 30, 2021 - 10:48am

No, that's not some retro 70s rock band. Instead, that's our lineup of market-moving news today. And, so far, the news flow has moved the Comex precious metals back higher with Comex Digital Gold having a particularly good morning...again, so far.

Let's start with Powell and Mother....

It's BLSBS Week...Again

Monday, November 29, 2021 - 10:44am

'Tis the week of Hannukah and tis also the week of the next BLSBS. I think I'd prefer eight gifts to the laundry list of datapoints and Fed Goons that we have to navigate again this week.

So I guess that's where we'll's going to be another long week. For now, it appears that...

Here Comes A Data Dump

Wednesday, November 24, 2021 - 10:28am

The last significant economic events of the week will be released this morning. It's hard to see how the price action could get any worse for the Comex metals but we'll have to watch to see how things respond.

Already today, a few datapoints were released at 8:30 ET. We got the:...


Tuesday, November 23, 2021 - 11:09am

Wow. We knew that The Banks had added over 100,000 contracts of new open interest during the rally and we knew that The Banks would also try to rig price lower into option expiration day. But this latest effort to deflate enthusiasm for all things precious metal is particularly ruthless...not...

Chief Goon Powell Returns

Monday, November 22, 2021 - 10:44am

We've spent the past few weeks wondering whether or not PETUS would nominate Chief Goon Powell for a second term as head of The Fed and today brought our answer. It has also brought the 29th massive red candle for the 2021 daily chart. That's more than a full month of massive red candles! No...

A Dark Year Ahead

Friday, November 19, 2021 - 10:46am

This has come up a few times recently during my public interviews. And what's that? The notion that, while 2021 has been a crazy year, the year 2022 is going to be outright gloomy and dangerous. What does that mean for the precious metals? I don't know yet but life, in general, is about to get...

Barreling Toward Option Expiry

Thursday, November 18, 2021 - 10:45am

On what would otherwise be a quiet and slightly higher Thursday due to lower rates and a lower POSX, Comex gold and silver have been slammed around this morning and remain down on the day. Could this be related to next week's Dec21 option expirations? In a word...yes.

Again, I'll...

Goon Dance

Wednesday, November 17, 2021 - 10:24am

Well, it's Wednesday and the best thing I can say about today is that the week is nearly half over. We've navigated the first few days but the back half has an almost endless stream of publicity-seeking Fed Goons so be on the lookout for any and all headlines that The Banks can use to shake the...