Bullish Gold in Four Pictures

Tue, Sep 20, 2011 - 3:06pm

All four of the charts below paint a bullish picture but it appears that the next 24-48 hours hold the key. Hmmm. Isn't that interesting? What earth-shattering, market-moving news is possible over that time period?

Silver, not so much. Though I'm still extremely bullish long term, for now, silver looks to still be taking baby steps toward recovery.

Further affecting my enthusiasm for silver are the charts for copper and crude, both of which are failing to inspire much excitement or confidence.

That'll have to do for today. The Turd is going to be quite busy through the evening so I doubt I will update again before tomorrow morning. Hang in there. Get some rest as tomorrow promises to be a very interesting day. TF

About the Author

turd [at] tfmetalsreport [dot] com ()


Sep 20, 2011 - 3:59pm

Re: A Word of Caution

One of the reasons many at Gold Is Money 2 have lost their "stashes" in boating accidents while transporting it to a safer locale. ;)

Speaking of reposts from prior threads, this Bill Still interview deserves one also IMHO.


Fried Eggs. You forgot: People will be living in caves and cooking squirrels over fires, just like 3000 years ago...

Sep 20, 2011 - 4:02pm

Heading out for a few

Heading out for a few errands needless to say I am nervous about tomorrows direction.

Good or bad it will be interesting Market wise.

Be well

Sep 20, 2011 - 4:03pm

'Dr Doom' Roubini calls on Greece to admit bankruptcy and leave

MSM is sending the signal...

'Like a broken marriage that requires a break-up, it is better to have rules that make separation less costly to both sides. Breaking up and divorcing is painful and costly, even when such rules exist. Make no mistake: an orderly euro exit will be hard. But watching the slow disorderly implosion of the Greek economy and society will be much worse.'


Sep 20, 2011 - 4:04pm

@Death Ceiling & our PM cache

I find this to be an interesting


How do we Turdites - spread the word about PMs, without ummm, 'spreading the word about OUR PMs'


Sep 20, 2011 - 4:05pm

A Long Time Ago...In a Galaxy Far, Far Away...

If You Look Closely, You'll See a Young Ben Bernank on a Train Ride With a More Youthful Paul Volker. This is How They Developed the Idea For Operation Twist.

Borrow From Ben To Pay Paul!

Cracker Jack Commercial (1965)
Sep 20, 2011 - 4:12pm

Come on Silver!

Too bad that Silver isn't pushing up like gold today. I bet it catches up tonight though like usual. Thanks again for the insight TF.



~Handmade Quality Bullion~

The Death Ceiling
Sep 20, 2011 - 4:13pm


Very easily. I give my thoughts to the community without having to divulge my own position.

Just offering some advice, no need to attack me.

Sep 20, 2011 - 4:15pm

I'm In !!

I just got in a position @ 39.90 I'm not a big gun as i can only do spread betting so I'm sorry for not contributing to a up tic but i will but phys with any profits i make so heres to helicopter ben to give us some good news for PM's tomoz. As a side note i don't understand why people slate the Turd when he gets it slightly wrong. If people are rich enough to lose a lot of money then surely they should be smart enough to DYODD so ease off a bit please peeps as Turd puts a LOT of time and effort into helping people and preparing for what is becoming even more apparently so as each day goes by!! Keep up the good work Turd !!

Sep 20, 2011 - 4:22pm

Some Kind of Breaking News On Greece Was Flashed On CNBS

I Think It Was A "Breaking News Item Saying The Greek Officials Will Return on Oct 4th For Further Discussions ...Seems Like Nothing Was Resolved yet.

NOW...New Breaking News on CNBS..."GOOD PROGRESS" was made on the conference call

Troica will be back into discussions next week. I guess they'll be okay After all!


Everything's Fixed---Move Along!

Sep 20, 2011 - 4:23pm

Now just waiting

... for tomorrow. I hope to see a good trend up again for PMs :)

Subscribe or login to read all comments.


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 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

Key Economic Events Week of 8/5

8/5 9:45 ET Markit services PMI
8/5 10:00 ET ISM services PMI
8/6 10:00 ET Job Openings
8/8 10:00 ET Wholesale Inventories
8/9 8:30 ET Producer Price Index

Key Economic Events Week of 7/29

7/30 8:30 ET Personal Inc/Spending & Core Inflation
7/30 10:00 ET Consumer Confidence
7/31 8:15 ET ADP employment
7/31 2:00 pm ET FOMC Fedlines
7/31 2:30 pm ET CGP presser
8/1 9:45 ET Markit Manu PMI
8/1 10:00 ET ISM Manu PMI
8/2 8:30 ET BLSBS
8/2 10:00 ET Factory Orders

Key Economic Events Week of 7/22

7/23 10:00 ET Existing home sales
7/23 10:00 ET Richmond Fed Manu Idx
7/24 9:45 ET flash Markit PMIs
7/25 8:00 ET Count Draghi/ECB policy meeting
7/25 8:30 ET Durable Goods
7/25 8:30 ET Wholesale Inventories
7/26 8:30 ET Q2 GDP first guess

Key Economic Events Week of 7/15

7/15 8:30 ET Empire State Fed Index
7/16 8:30 ET Retail Sales and Import Price Index
7/16 9:15 ET Cap Ute and Ind Prod
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts and Building Permits
7/18 8:30 ET Philly Fed
7/19 10:00 ET Consumer Sentiment

Forum Discussion

by NW VIEW, Sep 19, 2019 - 11:07pm
by Boggs, Sep 19, 2019 - 10:35pm
by Boggs, Sep 19, 2019 - 10:21pm
by NW VIEW, Sep 19, 2019 - 9:29pm
by sierra skier, Sep 19, 2019 - 8:05pm
by Boggs, Sep 19, 2019 - 5:26pm