Here's a new thread...

58
Mon, Mar 16, 2020 - 9:22am

Just a place to hold us over until I can get something written.

I've added a bunch of new comments to the old thread from about comment #250 through the end. Please check there for current thoughts.

For now, though, here's just a new thread for updated TFMR comments. The NYSE is about to open and I want/need to watch the action and listen to the commentary.

Will have a full update and regular Monday morning post by the usual 11:00 EDT.

TF

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Hilltopper
Mar 16, 2020 - 10:20am

guess we will see

What if

1. All interstate highways get closed.

2. All major cities are closed, no movement in or out.

3. Food supplies to cities are disrupted.

4. Congress gets hit with serious CV infection.

5. Trump and Pence get CV.

6. Banks are closed.

7. All delivery service close.

Bobbyaye
Mar 16, 2020 - 10:17am

First they laugh at you, then

First they laugh at you, then they fight you, then you win.

Mar 16, 2020 - 10:17am
GoldHermit
Mar 16, 2020 - 10:15am

Premiums on Gold/Silver Eagles/Maples

Watching SD Bullion, JM Bullion, and Apmex. Premiums much higher over the last couple days. SD Bullion is the highest and they are usually the lowest. I'm guessing they've been caught with their pants down.

The winner as of now... JM Bullion

anarchitect
Mar 16, 2020 - 10:07am

If COMEX and LBMA shut down...

The price for physical will decouple, but it will take time to play out in full. What will keep the price in check is a lack of buyers--how many people have cash for bullion?--and the fact that coin dealers must also raise cash, like everyone else. Right now this is a deflationary credit collapse, and everything will remain on sale until it bottoms out.

AGXIIK
Mar 16, 2020 - 10:07am

Wifey has a good sense of humor. Inside joke

I plan to do a drive by to our local bank for some extra simoleons Wifey asked me to pick up some spring mix and spinach. She said it's unlikely that anyone will be lined up for salad fixings rather than TP.

If that was the case it would be the first time in human history that people would be binge shopping for something healthy.

Gasivs Buttox
Mar 16, 2020 - 10:01am

Miners are catching a few bids

First Majestic is about 25% above morning's low.

H8FiatTF
Mar 16, 2020 - 9:59am

Has CNBS

Have they said yet "we're off the lows" I can't watch them any more, they need pom poms.

H8

Mar 16, 2020 - 9:59am

helicopter money

I've never been in favor of "helicopter money" but...
this MUST happen.https://t.co/GfIb79tL97

— TF Metals Report (@TFMetals) March 16, 2020
aNewDay
Mar 16, 2020 - 9:58am

This is 2008 and 2013 All Over Again- and Possibly More!

Premiums on silver eagles $6.50. I remember them being $9 in 2008. The physical market is breaking free of the paper market in a spectacular fashion.

http://www.alt-market.com/index.php/articles/4135-physical-gold-will-soo...

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Key Economic Events Week of 11/23

11/23 9:45 ET Markit flash PMIs
11/23 1:00 ET Goon Daly
11/23 3:00 ET Goon Evans
11/24 9:00 ET Case-Shiller home prices
11/24 10:00 ET Consumer Confidence
11/24 11:00 ET Goon Bullard
11/24 12:00 ET Goon Williams
11/24 12:45 ET Goon Chlamydia
11/25 8:30 ET Q3 GDP 2nd guess
11/25 8:30 ET Durable Goods
11/25 10:00 ET Personal Inc and Spend
11/25 10:00 ET Core inflation
11/26 US Market holiday

Key Economic Events Week of 11/16

11/16 2:00 pm ET Goon Chlamydia
11/17 8:30 ET Retail Sales
11/17 8:30 ET Import Price Index
11/17 9:15 ET Cap Ute and Ind Prod
11/17 10:00 ET Business Inventories
11/17 1:00 pm ET Chief Goon Powell
11/18 8:30 ET Housing Starts
11/18 1:20 pm ET Goon Bullard
11/19 8:30 ET Jobless claims
11/19 8:30 ET Philly Fed

Key Economic Events Week of 11/9

11/9 1:30 pm ET Goon Mester
11/10 7:30 am ET Goon Kaplan
11/10 10:00 ET JOLTS job openings
11/10 10:00 ET Goon Rosengren
11/11 Veteran's Day. Bond market closed.
11/12 8:30 ET CPI
11/12 11:45 ET Chief Goon Powell
11/12 2:00 pm ET Federal budget
11/13 7:00 ET Goon Williams
11/13 8:30 ET PPI
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11/13 10:00 ET Consumer sentiment

Key Economic Events Week of 11/2

11/2 9:45 ET Markit Manu PMI
11/2 10:00 ET ISM Manu PMI
11/2 10:00 ET Construction Spending
11/3 U.S. Election Day
11/4 November FOMC begins
11/4 8:30 ET ADP jobs report
11/4 8:30 ET US Trade Deficit
11/4 9:45 ET Markit Services PMI
11/4 10:00 ET ISM Services PMI
11/5 8:30 ET Productivity & Unit Labor Costs
11/5 2:00 ET FOMC Fedlines
11/5 2:30 ET Chief Goon Powell presser
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Key Economic Events Week of 10/26

10/27 8:30 ET Durable Goods
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10/27 10:00 ET Consumer Confidence
10/27 10:00 ET Richmond Fed
10/28 8:30 ET Advance Trade in Goods
10/28 8:30 ET Wholesale Inventories
10/29 8:00 ET ECB monetary policy stmt
10/29 8:30 ET Q3 GDP first guess
10/30 8:30 ET Personal Income and Spending
10/30 8:30 ET Core Inflation
10/30 10:00 ET UMich Consmer Sentiment

Key Economic Events Week of 10/19

10/19 11:45 ET Goon Chlamydia
10/20 8:30 ET Housing Starts
10/20 1:00 pm ET Goon Evans
10/21 10:00 ET Goon Mester
10/21 2:00 pm ET Fed Beige Book
10/22 8:30 ET Initial Jobless Claims
10/23 9:45 ET Markit Oct flash PMIs

Key Economic Events Week of 10/12

10/13 8:30 ET CPI and Core CPI
10/14 8:30 ET PPI
10/14 9:00 ET Goon Chlamydia
10/15 8:30 ET Philly Fed
10/15 8:30 ET Empire State Idx
10/15 8:30 ET Import Price Idx
10/16 8:30 ET Retail Sales
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Key Economic Events Week of 10/5

10/5 9:45 ET Markit Svc PMI
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10/5 10:45 ET Goon Evans
10/6 8:30 ET Trade Deficit
10/6 10:00 ET JOLTS job openings
10/6 10:45 ET Chief Goon Powell
10/7 2:00 ET Sept FOMC minutes
10/7 3:00 ET Goon Williams
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Key Economic Events Week of 9/28

9/29 8:30 ET Advance trade in goods
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9/29 10:00 ET Consumer Confidence
9/30 8:15 ET ADP employment report
9/30 9:45 ET Chicago PMI
10/1 8:30 ET Personal Income and Spending
10/1 8:30 ET Core Inflation
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10/1 10:00 ET ISM Manu PMI
10/2 8:30 ET BLSBS
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Key Economic Events Week of 9/21

9/21 8:00 ET Goon Kaplan
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9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
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