Blue Monday

77
Mon, Mar 8, 2021 - 10:41am

The new week begins and it promises to be a volatile one. On tap are the latest inflation numbers as well as a closely-watched 10-year treasury auction. All of this ahead of next week's FOMC meeting.

And the week has begun poorly. On Twitter today, I've seen multiple people wondering how/why the gold price could be down when Congress is on pace to pass and send to PETUS the entire $1.9TRILLION "stimulus" bill he demanded. The level of shock from these people betrays a basic misunderstanding of how the "gold price" is discovered.

Yes, of course this is gold bullish news...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

77 Comments on Blue Monday

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 5/10

5/11 10:00 ET JOLTS job openings
5/11 12:00 ET Goon Brainard
5/12 8:30 ET Consumer Price Index
5/12 9:00 ET Goon Chlamydia
5/12 2:00 ET Federal Budget
5/13 8:30 ET Producer Price Index
5/14 8:30 ET Retail Sales
5/14 8:30 ET Import Price Index
5/14 9:15 ET Cap Ute & Ind Prod
5/14 10:00 ET Consumer Sentiment

Recent Comments