TF Metals Report Blogs

Goon Parade

Monday, February 5, 2024 - 10:55am
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18

It's going to be a long-ass week. Not only did Jerry set the tone last evening, his Goons will be out in full force to drive home the point even deeper in the days ahead. As of now, I count ELEVEN Goon mic-grabs on the schedule and there will likely be even more than that.

And what's...

Even Aleksandr Would Be Amazed

Friday, February 2, 2024 - 10:55am
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21

I've been doing this a long time and I've seen some doozies. However, today's BLSBS might be one of the most outrageous yet...and that's saying something.

By now, you've probably heard. Via today's BLSBS, the US economy is alleged to have added 333,000 new "jobs" in the just-completed...

Jerry's Aftermath

Thursday, February 1, 2024 - 11:06am
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18

Most markets are still reeling and adjusting to Jerry's proclamation yesterday that "rate cuts starting in March are not the base case". One bright side, however, is that since the S&P is off about 1.5% since the fedlines, perhaps we'll be able to avoid the usual massage-clarifying Fed Goon...

Pre-Fedline Open Thread

Wednesday, January 31, 2024 - 10:15am
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17

Well, here we are again. Today brings the conclusion of the January FOMC meeting and no change in the fed funds rate. However, what Jerry says and how he says it will have an impact on PM prices going forward into February.

As we've done in the past, here's an open thread to discuss...

January FOMC Day One

Tuesday, January 30, 2024 - 10:55am
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15

Today begins the January FOMC meeting, a meeting where no rate cut moves are expected but plenty of verbal mutterings from Jerry are expected. However, before we can get to tomorrow's press conference, we must deal with some important economic data like today's JOLTS report.

So, Happy...

MENAFOMCBLSBS Week

Monday, January 29, 2024 - 10:51am
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17

Sort of like a lunar eclipse, it's a little unusual for the two biggest market-moving events to occur in the same week. It only happens occasionally when the calendar lines up and here we are this week...the FOMC is Wednesday and the BLSBS is Friday. In between, wars and insurrections will...

Guest Post: "Thoughts on The Great Taking", by AGXIIK

Friday, January 26, 2024 - 9:00am
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27

I'm going to be unavailable for most of the day today but, thankfully, our old friend AGXIIK has come up with this interesting and thought-provoking post for you to digest and discuss.

Truth be told, the only things I know about this "Great Taking" idea is what I've read here on our...

The Data Picks Up

Wednesday, January 24, 2024 - 10:55am
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18

The first two days of the week were mostly quiet. No Fed Goons and very little economic data. But the action begins to pick up today with the flash PMIs for January and it continues tomorrow with Q4 GDP and then concludes on Friday with the latest PCE inflation data.

All of this will...

Another Option Expiration Looms

Tuesday, January 23, 2024 - 11:14am
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We just got done with the shenanigans surrounding NYSE option expiration last Friday and now Comex option expiration looms for Thursday. Let's spend some time today looking for "sweet spots" in order to prepare for the price action and manipulation that is almost inevitably coming.

Let...

No Coincidences

Monday, January 22, 2024 - 10:58am
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20

The new week begins with a smash of silver, which at one point a few minutes ago, was down 2.5% on the day despite a bond market rally and a lower POSX. Hmmm....curious timing for price raid, isn't it?

I don't know. Maybe not so curious after all, when you consider this:...

randomness