TF Metals Report Blogs

Yesterday brought a field of green but today is a sea of red. What happened? The relentless march higher in bond yields and the POSX is finally taking a toll today.

And it is what it is. We've had great success in continuing with the PM rally, despite the surge in rates and POSX. But...

Despite a POSX that is slightly higher again today, the commodity board is fully green today after yesterday's small pullback. Amidst the green we have Dec24 Comex Digital Silver, which is up 70¢ as I type and looking to make a move on $35. (Gosh that was a fun sentence to type!)

So...

After a terrific end of the week on Friday, both Comex PMs are extending those gains today as the new week begins. So what sort of week lays ahead and where will things go from here? Let's get the party started and attempt to find out.

So, anyway, I hope you had a nice weekend. We made...

Well, here we are again. It's NYSE option expiration Friday, a day which often brings volatility and price management. Often...but not always. For example, last month the price of CDG simply plowed forward and the GDX was up, too, on NYSE option expiration Friday so we'll see where things go...

At first glance, today's update on retail sales for September seemed "strong" and robust", the sort of thing that should make the FOMC think twice about fifty more basis points in cuts before year end. But, if you dig deeper, you find that the report... just like the BLSBS of two weeks ago ......

Longtime site member "metallionaire" consistently offers great content and analysis through his regular participation in the comment sections of the daily threads. From time to time, a long form comment is worthy of promotion to the home page and this entry from last Saturday fits the bill....

Are the winds of war blowing? Are the drums of war beating? Or is it all just posturing and political positioning? That's difficult to discern most days but it's particularly difficult now.

Where do we start? How about Israel and Iran. Will Israel simply mount another pin prick attack...

The new week begins with a bank holiday in the US in observance of Columbus Day. However, having the bullion bank desks closed last evening did not prevent a plunge in PM prices at the Globex open...a plunge from which CDS has yet to recover.

So where's the green weekly candle that we...

After a weak start to the week, the Comex PMs are trying to finish string today with green daily candles that could set us up for a solid week to come. Trying. Can they? Will they? We'll see.

Prices were strong overnight and into the PPI. Then came a dip but then came a rally and, as I...

For the first time all week, commodity prices are in the green this morning after a mostly-tame CPI report and a surge in initial jobless claims. So as we go through the day, and again await any MENA war action, the question is whether or not things can stay in the green.

So we might...