NEEEE Wednesday

Gold prices are never allowed to rise consistently for more than 24 hours.

17
Wed, Jan 23, 2019 - 9:49am

There are few things in life of which you can be certain. Of course, there are the obvious like death and taxes. However, there's also The NEEEE Rule, and we saw it play out again today.

Once more, what's The NEEEE Rule? It's that global gold prices are Never, Ever, Ever, Ever, Ever allowed to rise for more than a 24-hour period. If prices are stable to rising on Comex and then stable to rising in London, you can be nearly 100% certain that prices will be smashed at the following Comex open. And here we are again today......

About the Author

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

17 Comments on NEEEE Wednesday

Subscribe or login to read all comments.

Become a gold member and subscribe to Turd's Vault

Contribute

Donate Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events Week of 2/18

2/20 2:00 ET January FOMC Minutes
2/21 8:30 ET Dec Durable Goods and Capital Equipment
2/21 8:30 ET Feb Philly Fed
2/21 9:45 ET Markit Manu and Svcs PMIs
2/21 10:00 ET Jan Existing Home Sales
2/22 Day long Fed Goon appearance at Chicago Booth Policy Forum

Key Economic Events Week of 2/11

2/12 12:45 ET GCP speaks
2/13 8:30 ET CPI and three Goon speeches
2/14 8:30 ET Retail Sales (December)
2/14 8:30 ET PPI
2/15 8:30 ET Import Price Index
2/15 9:15 ET Cap. Util. & Ind. Prod.

Key Economic Events Week of 2/4

2/5 8:30 ET Trade Balance
2/5 9:45 ET Service PMIs
2/5 9:00 pm ET Trump SOTU
2/6 8:30 ET Productivity and Unit Labor Costs
2/6 7:00 pm ET CGP speech
2/7 9:30 ET Goon Clarida speech
2/8 10:00 ET Wholesale Inventories

Recent Comments

by sengfarmer, 2 hours 50 min ago
by hilton_h181, Feb 21, 2019 - 11:18pm
by NW VIEW, Feb 21, 2019 - 10:09pm
by karma polis, Feb 21, 2019 - 9:56pm
randomness