TF Metals Report Blogs

Fare Thee Well

Friday, March 15, 2024 - 10:52am
By
15

It's the Friday before St. Patrick's Day and we're wearing some green today as Comex silver moves higher again, despite the drag of NYSE option expiration day.

So Happy Friday, everyone. It has been a very solid week for Comex silver...maybe not so much for Comex gold. But that's OK....

Happy Pi Day

Thursday, March 14, 2024 - 11:01am
By
19

Today is "Pi Day" and it's also PPI and Retail Sales Thursday. After a great run yesterday, both Comex PMs are trying to retain those gains today in the face of another inflation report that came in "hotter than expected".

So, anyway, happy 3.14 day! What's interesting is that 3:14 am...

Guest Post: "Costco Selling Gold and Silver", by AGXIIK and Renozep

Wednesday, March 13, 2024 - 8:45am
By
19

Costco is selling gold and silver on line. Are they anticipating future consumer trends? Or are they getting Sound and Real money into their customer's hands due to issues with the dollar and CBDCs?

Which one is it?

Something totally new? A marketing test run? A means to bring...

CPI Day

Tuesday, March 12, 2024 - 10:35am
By
13

If you've been following along with the daily podcasts, then you know that we've been discussing how Comex gold was due for a pullback with overbought RSI readings north of 80 and ten consecutive green candles. With a slightly hotter-than-expected CPI, the pullback has begun.

The...

Inflation Week

Monday, March 11, 2024 - 10:43am
By
17

Here we go with a new week. Pending are the latest inflation numbers as well as an update on US retail sales. Also pending...who knows? So let's just take it day by day and see where we are by Friday.

I hope you had a relaxing weekend with the knowledge that not only did gold extend...

Hidden Truths and Tested Adages

Friday, March 8, 2024 - 10:41am
By
17

Well, it's another BLSBS Friday and today just simply brought more of the same....a headline number that "beat expectations" followed by significant downward revisions to the prior month and the revelation that most of the new jobs are of the part-time variety, anyway.

So where do we...

Chugging Along

Thursday, March 7, 2024 - 10:01am
By
14

The metaphor of "the train leaving the station" is certainly tired and overused. But it is what it is and the proverbial train sure seems as if it pulled out a week ago and has only sped up in the time since.

The good news, though, is that it's only Comex gold so far that is chugging...

The Anti-JOLT

Wednesday, March 6, 2024 - 10:52am
By
22

I had expected some volatility today with ADP, Jerry and the JOLTS report. Instead, we got...<yawn>. Which is fine I suppose after the run we've had over the past week.

And as I type, prices are actually higher...off their highs, but higher. Which is nice. Especially when you...

Good Data, Bad Data

Tuesday, March 5, 2024 - 10:48am
By
14

The remainder of the week will be dominated by news and headlines with Jerry on Capitol Hill and the latest BLSBS looming for Friday. Today brought the latest service sector PMIs and, depending upon which survey your prefer, the numbers were either better or worse than expected.

Let's...

Keep On Cranking

Monday, March 4, 2024 - 10:38am
By
18

CDG ended last week at new all-time daily and weekly closing highs and it looks like it will begin this week by establishing a new daily closing high. It's all great fun and I'm very happy about it. However, I'll remind you again that it's not how you begin the week that matters, it's how you...

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