The Quiet Period

Next week brings the "quiet period" for Fed Goons ahead of the July FOMC....and, boy oh boy, are we all ever looking forward to that! Today brings our own quiet period with a day of no scheduled news or data ahead of tomorrow's CPI report.

So far, things are playing out as advertised. Low volume and low volatility in a typical summer doldrum fashion. Prices rallied a bit in Asia before being worked lower by The London Monkeys. Once the Comex opened, there was a little more movement but all of it has left us here......

About the Author

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

19 Comments on The Quiet Period

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 5/20

5/20 9:00 ET Goon Waller
5/20 10:30 ET Goon Jefferson
5/21 9:00 ET Goon Waller again
5/21 11:45 ET Vice Goon Barr
5/22 10:00 ET Existing home sales
5/22 2:00 ET May FOMC minutes
5/23 8:30 ET Jobless claims
5/23 9:45 ET Flash PMIs for May
5/23 10:00 ET New home sales
5/23 3:00 ET Goon Bostic
5/24 8:30 ET Durable Goods
5/24 9:35 ET Goon Waller again
5/24 10:00 ET Umich final

Recent Comments

Forum Discussion

by Titus Andronicus, May 17, 2024 - 3:54pm
by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am
by Wade Case, Mar 22, 2024 - 9:00pm
by Wade Case, Mar 22, 2024 - 8:24pm