The Socialist Worker's Holiday

It's May Day. Socialist Workers around the world rejoice and take the day off. In fact, the Chicoms are taking five full days off and this has once again inspired your friendly bullion bankers to seize the day and smash the PMs.

It's not like this every year but, in a year where Chinese demand is clearly helping to drive price every day during Shanghai market hours, I probably should have anticipated all of this a little better.

For example, do you recall the initial smash of Tuesday at 4:00 am ET? There was no news or headlines to prompt it. I even asked X for an...

About the Author

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

28 Comments on The Socialist Worker's Holiday

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 5/12

5/12 10:25 ET Goon Kugler
5/12 2:00 ET Monthly Treasury Stmt
5/13 8:30 ET CPI and Core CPI
5/14 9:10 ET Goon Jefferson
5/15 8:30 ET Retail Sales
5/15 8:30 ET PPI and Core PPI
5/15 8:30 ET Philly Fed
5/15 8:30 ET Empire Fed
5/15 8:40 ET Chief Goon Powell
5/15 9:15 ET Cap Ute & Ind Prod
5/15 2:05 ET Goon Barr
5/16 8:30 ET Import prices
5/16 8:30 ET Housing starts
5/16 10:00 ET Prelim UMich May
5/16 4:00 ET NYSE option expiry

Recent Comments

by turd ferguson, 5 sec ago
by CC Horses, 4 min 23 sec ago
by mgilbert, 30 min 52 sec ago
by JackPutter, 1 hour 21 min ago