How many times have you heard me say that over the years? A thousand? Well, we got another reminder late yesterday and, with not much else new to discuss this fine Friday morning, we might as well go over this again.
And what is "this". The simple mathematical fact that the line item "...
How many times have I reluctantly used that word here in the first two weeks of the new year? And why do I use it "reluctantly"? Because I know that no one wants to be patient after the last ten years! However, patience is vital in 2023 and today you got a glimpse of why that's the case....
Just one day left before the next update on inflation in the US. What will it show and what will be the aftermath? Well, we can deal with that tomorrow.
Today, however, is setting up as just another day where it appeared that the metals were ready to rally higher during the Asian...
Seasons don't fear the Jerry. Nor do the wind, the sun or the rain. We can be like they are. Come on, baby. Don't fear the Jerry.
All that worry and wonder of what Jerry might say in Sweden today and it turned out to be...nothing. Would Jerry comment on rates, the economy or monetary...
I know it probably seems like we pinwheel from one datapoint to the next. However, since the default position for all "markets" has become " what will The Fed do next? ", we have no choice but to follow each and every release as we monitor the short term trend of price.
Another BLSBS Friday is here with the same old pomp and circumstance. The report actually came in "worse than expectations", for whatever that's worth, and the initial reaction by the algos was to sell the POSX and buy the Comex PMs.
But we're not done for the day as that ISM service...
Some nights before I crash, when it appears certain that the metals will be lower by the time I awake, I play a little game where I guess where prices will be when I wake up. Occasionally I'm wrong but most times I'm right and I nailed it today.
In our 2022 macrocast, it was stated that the only thing predictable about the year ahead would be its unpredictable nature and wild volatility. Well, at least we got that right.
So, one year ends and a new year begins. The year 2022 unfolded in a manner similar to years past when The...
Welcome to the new year and the new world. What will the year bring? Will society survive it? Will we survive it? The answers are unknowable so we'll just take it day-by-day and, for today, we're off to a good start.
I hope you had a relaxing holiday weekend. Here at Turdfork we laid...
Fighting to hang on. Isn't that what this entire year has felt like? So I guess it's fitting that, on the final day of 2022, the Comex metals are under clear attack in their attempt to move into, or hang onto, positive territory on the year.
