TF Metals Report Blogs

The Knife Catcher

At the risk of making an even bigger fool of myself, Carnac wishes to double down.

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Shakeout

The Turd awoke this morning to the disturbingly familiar LBMA/Comex beatdown pattern we've seen so frequently in the past. This stuff is sure getting old but, unwittingly, it appears that The Cartel is about to hand us an extremely attractive opportunity.

Sunday Night Charts

It's been a long and crazy weekend but The Turd is ready to get back to work. I hope that everyone has taken the time to peruse the JPM class-action lawsuit information. Amazing stuff. Since the next CFTC meeting has been postponed to October 4, we'll have to make due with this information for a little while longer.

Weekend Homework

A friend and loyal Turdite sent me this earlier today. Dated 9/12/11, it is the amended and final version of the class action lawsuit against JP Morgan regarding manipulation of the silver futures market.

Macro

Gold is recovering today and is actually green on my screen. Wow! How unusual! Let's see if we can rally today and crawl back above 1800 before we call it a week. There's been some very interesting "news" rolling around for the last 24 hours and I wanted to take a minute to give you my non-educated opinion.

Relentless... F-ing Relentless.

Man, this sht is getting old. Every night I go to bed with gold UP vs the Comex close. Every night, as soon as the LBMA opens, the relentless attacks begin.  And man, my bottom is sore. I picked it and picked it but to no avail. The only cure now seems to be Dr. Blythe taking her gigantic golden auger and reaming me out...which she is currently doing. Hopefully, once the sores have been removed and Turd's bottom has been thoroughly bore out, my plan is to return the favor.

Your Fourth and Final Contest

So far, three contests and three winners. This last contest will be open all night and I'll review the guesses in the morning. Like the previous three, this contest ends when I post my regular morning update on Thursday.

The Latest From Sprott

I just received this email update from Sprott Asset Management. A must read for all invested in miners.

Contest #3

We have a winner of contest #2:  "BUSSCHE", who correctly identified Netherlands, Sweden and Belgium as being in the Top 10. They other two are Spain and Singapore. Bussche, please email me your mailing address. Thanks!

Contest #2

First of all, I don't want to hear any sht (yet) about how "Turd blew that one". My recent attempt at predicting the future is in regards to gold, not silver, though I expect silver to come along for the ride. Gold is still well above $1800. IF it falls below 1800 and heads to 1700, I'll be the first to admit my error in judgment. Until then, my advice is to please refrain from the I-told-ya-sos and other smartypant remarks. Otherwise, you're going to end up looking like a jerk and you'll be laughed straight outta here.

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