TF Metals Report Blogs

The Hits Keep Coming

Monday, June 7, 2021 - 10:23am

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,...

Another Weak BLSBS

Friday, June 4, 2021 - 10:29am

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...

A Mad Rush

Thursday, June 3, 2021 - 10:55am

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...

Two Weeks To FOMC

Wednesday, June 2, 2021 - 10:40am

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...

Welcome To June

Tuesday, June 1, 2021 - 10:53am

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...

Three Public Interviews

Friday, May 28, 2021 - 1:30pm

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....

May Month End

Friday, May 28, 2021 - 10:08am

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...

A Lot For A Thursday

Thursday, May 27, 2021 - 10:52am

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...

The Den of Vipers

Wednesday, May 26, 2021 - 10:51am

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...

June Option Expiration Day

Tuesday, May 25, 2021 - 11:01am

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...