TF Metals Report Blogs

Hitting The Archives

Just for fun, I though I'd hit you with a couple of archival posts this week. Going back and looking over the old "Watchtower" site can be great fun, especially with the assistance of 20/20 hindsight.

Late-day Levitation

After a particularly nasty global selloff this morning, everything from stocks to crude to the PMs are trying to bounce a bit this afternoon. I wouldn't get too excited, however.

Conspiracies, Charts and Comiskeys

It's Monday morning of a U.S. holiday week. We should all relax. All should be well. Unfortunately, we can't and it's not. So, here we go.

An Absolute Farce

Back in August, we were all treated to some "political theater" entitled "The Great Debt Ceiling Debate of 2011". What's the old line? Oh, yah..."Fool me once, shame on you. Fool me a couple hundred times, shame on me."

The Wicked Witch Meets Her Master

I finally had some free time this morning. Combine that with a little too much coffee and here's the result.

You're Only Right Once

Yes, I'm sorry to say that The Great Turd Ferguson launched his anonymous and inglorious retail stock brokerage career at a bucketshop called PaineWebber some 20+ years ago. I learned a lot of useless things there but one thing I carry with me to this day is a healthy respect for Art Cashin, who was then director of floor operations for the once-proud firm. Art has always been a quick wit and sage source of wisdom. One of my favorite "Cashinisms" is: "You never want to go around predicting the end of the world because it's only going to happen once". I've often referred back to this line whenever I've needed to temper my cynical/bearish/apocalyptic worldview. Tonight, I should probably heed Art's advice once more. The problem is...well, you get the idea.

Profanity-Laced Tirade

Oh, how I would like to launch into one. What we have seen recently, and what we are currently witnessing, is the most blatant and disgusting manipulation of the metals I've seen. That it is allowed to stand without question by the CFTC, the SEC and the media sickens me to the point of nausea.

Amended Silver Support Levels

I've been saying since yesterday that $34 was vital support for silver. It still is. However, I thought it was important to look a bit closer at the charts and here's what I found.

Nervous Overnight

I don't like the looks of this. Sharp evening (U.S.) drops always get my attention. Sharp drops that occur on Tuesday evenings (after the weekly CoT survey) always raise my suspicion. 

Back On The Throne

Turd is back on the throne and ready for another crazy week. Let's get started!

Syndicate contentFront page feed