Green Monday

Mon, May 17, 2021 - 12:14pm

If you listened to Friday's podcast, then you know that yours truly was pretty optimistic heading into this week. The massive inflation prints of last week had not led to any significant bond market selling, Comex gold had crawled back above its 50-week MA and the late Friday announcement from The Fed about a pending WAM adjustment to QE seemed to signal that more gains would soon be forthcoming.

And we didn't have to wait long. Prices opened higher last evening, held steady through London and then surged in New York as the reality of sharply negative real interest rates is...

About the Author

tfmetalsreport [at] gmail [dot] com ()

35 Comments on Green Monday

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


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 8/2

8/2 9:45 ET Markit Manu PMI
8/2 10:00 ET ISM Manu PMI
8/3 10:00 ET Factory Orders
8/4 8:15 ET ADP Jobs report
8/4 9:45 ET Markit Service PMI
8/4 10:00 ET ISM Service PMI
8/6 8:30 ET BLSBS

Recent Comments

by crylandjr, 13 min 39 sec ago
by crylandjr, 14 min 8 sec ago
by tonym9, 25 min 25 sec ago
by boomer sooner, 4 hours 30 min ago