TF Metals Report Blogs

So we made it through BLSBS week only to be faced with CPI week. And, of course, next week is FOMC week. Since the music will continue playing, we'd better keep dancing.

And it's not just the CPI this week. Though the pending FOMC means that we don't have any Fed Goons to worry about,...

Yes, the BLSBS added 559,000 "jobs" but this is still nowhere near what the experts were predicting. What does this mean for today and what does this mean for the FOMC in two weeks? Plenty.

By now you've likely read the gory details. It was another month where expectations were for 800...

For over a week, we've been concerned that the overbought RSI in Comex gold was likely lead to a pullback and consolidation before the FOMC in two weeks. And now here we are. Why today? Let's talk about it.

It's really not that complicated, actually. In yesterday's podcast, we warned...

We're now into June and it is just two weeks until the conclusion of the next FOMC, the Fedlines and Powell presser. There will be a lot of speculation between now and then regarding what will take place. We might as well join the fun and speculate here, too.

First of all, you can be...

We've promised you an exciting and volatile month and, if the first day of trading is any indication, it looks like we're going to be right.

I hope you all had a relaxing, holiday weekend. Yes, I know it was mainly a US and UK holiday. And yes, I know that there was some light trading...

Each of these received solid reviews and, with a volatile and unpredicatble month of June ahead, I thought that I'd consolidate them into one thread so that you can easily listen and forward.

This first video was recorded on Tuesday with Andy Schectman and Jim from WallStreetSilver....

It has been a long week and it's finally Friday. We warned last Friday and again last Monday that it would be challenging to finish the week UNCH...and it has been. However, with just four hours to go before the Comex close, we've got a shot at a green weekly candle and that would certainly...

We knew that the latest Durable Goods report was coming today and we certainly need to discuss it. But there's a whole bunch of other stuff happening today so we'd better dig right in.

Let's start with that Durable Goods report. It printed at -1.3%, which is the first decline since...

As discussed all week, Comex Digital Gold has gotten overbought and is ripe to be pushed back. Comex Digital Silver is again attempting to break out with a weekly close above $28. Thus, that prices have been beaten lower today on Comex should really come as no surprise.

And beaten they...

Well, here's one milestone we can finally put behind us this week. As you know...and as almost always...prices have been capped as of late in order to minimize the financial loss to the option-writing Banks at expiration. Expiration finally occurs today at the Comex close and then we can move...