Not even the latest hot rhetoric from Trump and Kim can seem to push Comex Gold much above $1300 today. And why might this be? Could the impending expiration of the Oct17 options hold the clues?

Time To Lay Low

By Turd Ferguson | Thursday, September 21, 2017 at 11:00 am

Even though we've tried to warn and prepare, none of that makes the inevitable Spec wash-and-rinse any easier to watch.

<As a public service, this thread is now freely available.>

Another Fascinating JBSFC

By Turd Ferguson | Wednesday, September 20, 2017 at 9:13 am

John and Steve recorded another fascinating hour last evening and, as usual, you would be well-served to give it a listen.

Turd's Vault

Levels To Watch Today

By Turd Ferguson | Wednesday, September 20, 2017 at 9:01 am

Not much new to discuss this morning as everything will key off of Mother's Fedlines and presser this afternoon. To that end, here are some key levels to watch after the dust settles.

Turd's Vault

Looking Ahead To Wednesday

By Turd Ferguson | Tuesday, September 19, 2017 at 9:16 am

As Mother kicks off here latest Tea & Doily Party, the focus shifts from what type of pie will she serve during the breaks to what will be the market reaction to her Fedlines and press conference.

Turd's Vault

Two Steps Back

By Turd Ferguson | Monday, September 18, 2017 at 11:03 am

The new week begins with USDJPY continuing its relentless assault higher and this, of course, has both Comex metals under pressure this morning. Back on Friday, we discussed some downside levels to watch this week and, unfortunately, that warning appears to be prescient.

Turd's Vault

Chicken Little Kim

By Turd Ferguson | Friday, September 15, 2017 at 10:56 am

After months of trepidation with every provocation, the global markets now view any iteration as nothing but mental masturbation.

Guest Post: "Discussing The London Gold Pool and SWIFT", by James Gibson

By Turd Ferguson | Thursday, September 14, 2017 at 10:52 am

Longtime TFMR member James Gibson volunteered this information in the hope of answering some questions on The London Gold Pool of the 1960s and the current SWIFT system of international payments.

Turd's Vault

Waiting On Lil' Kim

By Turd Ferguson | Thursday, September 14, 2017 at 10:30 am

It appears that the next test launch of a Nork ICBM is just hours away. How the "markets" react to the news will go a long way toward determining whether the up trends from July continue or if we are now in the next phase of two-steps-back.

Another Batchleor-Cohen Update

By Turd Ferguson | Wednesday, September 13, 2017 at 11:28 am

With the New Cold War currently pushed from the front pages, John and Steve took time last evening to continue our course in Russian history and Russian studies.