Here Come The Goons

56
Mon, Nov 15, 2021 - 10:51am

Oh, boy, this is going to be a week. Yes, Comex gold has risen seven straight days and, yes, it has gotten a little overbought. However, that's not enough rationale for the consistent selling we saw at last night Globex open and today's Comex open. Instead, maybe it's the list of Fed Goons that will be rolled out every day this week to deflect and SPIN their way out of the inflation mess they've created.

As you know, I try to print a list of "economic events" each week. The list can always be found on the right sidebar of the TFMR homepage, just below the OneGold banner. You can'...

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Key Economic Events Week of 5/23

5/23 12:00 ET Goon Bostic
5/24 9:45 ET Markit Flash PMIs May
5/24 10:00 ET New home sales
5/25 8:30 ET Durable Goods
5/25 2:00 ET May FOMC minutes
5/26 8:30 ET Q1 GDP 2nd guess
5/27 8:30 ET PCE and Core PCE
5/27 8:30 ET Personal Inc and Spending
5/27 10:00 ET UMich 5-yr Inflation Exp.

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