TF Metals Report Blogs

Soul Train

Thursday, September 7, 2023 - 11:00am

Things continue to deteriorate across "the markets" today as the POSX rises again on its way to 106...maybe even 108. And it's not just the Comex PMs that are taking a dive as even the veritable stonk market is starting to show signs of trouble.

Periods like this are a train ride that...


Wednesday, September 6, 2023 - 9:19am

It's another down day for the Comex PMs and I sure hope that this isn't another one of those relentless selloffs that lasts for weeks.

Perhaps the economic data later this morning will help to turn things around? Perhaps. The service sector PMIs for August are due at 9:45 and 10:00 ET...

All Hands On Deck

Tuesday, September 5, 2023 - 10:05am

Summer has left town, taking with it The Doldrums and The Dog Days. As such, we are back to business across all "markets", including the precious metals, and it's going to be a busy week.

First of all, I hope you enjoyed the weekend. Monday was a US holiday and I tried my best to...

The Outrageous Lies Of The BLS

Friday, September 1, 2023 - 9:32am

So here we are. Another BLSBS Friday. As we've been documenting and discussing, nearly all of the .gov-created economic data this year has been goosed higher for headlines and then revised lower at a later date, when no one is watching. And so it will be again with your latest "jobs report"....

Rolling Toward Friday

Thursday, August 31, 2023 - 10:40am

The latest PCE numbers came in slightly "hotter" than expected and this has led to the bounce in the POSX that we discussed in yesterday's podcast. So far, however, the Comex PMs are maintaining a decent bid ahead of what will be another volatile BLSBS Friday.

Let's start with that PCE...

I Got Your Revision Right Here

Wednesday, August 30, 2023 - 10:44am

In what has become a clear and obvious effort to manipulate the headline economic data, today's first revision of the Q2 GDP brought it down to what would have been either "at expectations" or "below expectations" when the number was first released on July 26.

Do you recall the "market...

Ready For A JOLT

Tuesday, August 29, 2023 - 10:34am

Today brings the latest JOLTS job openings data and this has been a number that has "jolted" the Comex PMs a few times over the past several months. Will it jolt things again today? As I begin typing, we won't have to wait long to find out.

The day began with the return of The London...

Peak Doldrum

Monday, August 28, 2023 - 10:29am

It's Monday, August 28 and we've reached Peak Doldrum. The LBMA was closed today for their annual Summer Holiday weekend and the Comex is quiet. As a result, CDG has been trading since the Globex open last evening at 6:00 pm ET and it has a remarkably tight price range of just $6.20! This will...

Here Comes Jerry

Friday, August 25, 2023 - 9:45am

Jerry is set to deliver his big speech at the Jackson Holedown within the hour. Here's a new post with an embedded link so that we can all suffer together.

What is Jerry set to say? Frankly, your guess is as good as mine. Probably a lot of the same "higher for longer", "do what it...

One Day To The Hole

Thursday, August 24, 2023 - 10:47am

Just one day to go until Jerry's big speech at Jackson Hole. What will he say and how will he say it? Well, there are at least two Goons out today trying to plow the field for him. Are they providing clues?

And keep in mind that everyone was all anxious to hear what Jerry was going to...