Chugging Along

The metaphor of "the train leaving the station" is certainly tired and overused. But it is what it is and the proverbial train sure seems as if it pulled out a week ago and has only sped up in the time since.

The good news, though, is that it's only Comex gold so far that is chugging along. Comex silver is doing OK but it's only just getting going and the shares are...well..the shares. I keep looking for a spot where gold will pause, pull back and consolidate but I've yet to find it. My thought was that the area around $2150 might provide that resistance but, so far and as I type...

About the Author

tfmetalsreport [at] gmail [dot] com ()

30 Comments on Chugging Along

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 5/28

5/28 9:00 ET Case-Shiller home prices
5/28 10:00 ET Goon Kash-n-kari
5/28 10:00 ET Consumer Confidence
5/28 1:00 ET Goons Cook and Daly
5/29 1:45 ET Goon Williams
5/29 2:00 ET Beige Book
5/30 8:30 ET Jobless claims
5/30 8:30 ET Q1 GDP 2nd guess
5/30 8:30 ET Wholesale inventories
5/30 10:00 ET Pending home sales
5/30 12:00 ET Goon Williams again
5/31 8:30 ET PCE and Core PCE
5/31 8:30 ET Personal Inc and Spend
5/31 9:45 ET Chicago PMI

Recent Comments

by turd ferguson, 26 min 4 sec ago
by boomer sooner, 48 min 27 sec ago
by boomer sooner, 51 min 52 sec ago
by boomer sooner, 53 min 31 sec ago

Forum Discussion

by Patriot Family, May 25, 2024 - 5:46am
by Titus Andronicus, May 17, 2024 - 3:54pm
by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am