TF Metals Report Blogs

February Doldrums

A long week of price consolidation continues.

Wednesday, February 27, 2019 - 10:59am

They're leaning pretty hard on the Comex digital metals this morning as higher interest rates and a slight bounce in the POSX are helping to add to a seemingly endless supply on the offer side.

And we saw this supply increase again yesterday where, even though prices were down most of...

CGP On The Hill

And you wonder why gold is down today...

Tuesday, February 26, 2019 - 10:52am

Well, nuts. I thought that CGP wasn't due on Capitol Hill until Thursday. That's my bad and what you get for your $12/month, I guess. And now here we are with the Comex metals getting meticulously rubbed lower, just as they always do whenever a Fed Chief appears before Congress.


A Very Busy Week Begins

Buckle in for a wild ride.

Monday, February 25, 2019 - 10:38am

This is going to be a busy and volatile week. Not only are there geo-political concerns, the list of economic datapoints is lengthy, too.

And it's not just that. We've also got the Mar19 silver options expiring today. The Mar19 silver and palladium contracts go off the board on...

Through The Grinder

This short week was certainly volatile.

Friday, February 22, 2019 - 10:49am

Holy cow! Does it not feel like we've been put through the Comex meat grinder this week? But, at the end of the week, here we are with green candles!

And today is working out just as we forecast it would in Thursday's podcast. Yesterday's selling had been overdone and it was likely...

Overboughtedness & Profit-Taking

Comex prices are doing their usual two-step.

Thursday, February 21, 2019 - 10:41am

The extreme "overboughtedness" reflected through the daily RSIs are seemingly the primary factor in today's smash. But it is what it is. The Comex metals never move straight up. It's almost always a three-steps-forward-and-two-steps-back motion. Why? Because speculators like to book profits and...

Interview with Greg Hunter of USA Watchdog

Please make time to listen to this free, public interview.

Wednesday, February 20, 2019 - 11:38am

It was great fun to be on again with Greg Hunter. This interview, recorded just yesterday, provides plenty of additional background on our "2010+9" theme as well as updates on the economy, interest rates and the potential importance of palladium.

The full post and summary is available...

Awaiting The January FOMC Minutes

Be prepared for a volatile afternoon.

Wednesday, February 20, 2019 - 11:03am

Just a brief post this morning ahead of the 2:00 pm ET FOMC minutes.

Clearly, this "news" event will drive the day and the fact that it hits during Globex hours will only serve to exacerbate the volatility. Will the remanufactured and reformulated minutes be stated so as to reinforce...

JBSFC and McCarthyite Intimidation

Please be sure to listen to at least the first ten minutes of this podcast.

Wednesday, February 20, 2019 - 9:39am

Please be sure to listen to this new podcast. Your jaw will drop during the first eight minutes.

To wit, the US Senate Select Committee on Intelligence is now actively attempting to intimidate regular citizens who may have had contact with any media or political organizations in Russia...

On Toward $1360

Phase Two is underway but it may be short ride.

Tuesday, February 19, 2019 - 10:29am

As we discussed to finish last week, Phase Two of 2019 is now clearly underway. However, it's very likely to be a short trip as The Banks will fight us with everything they've got at $1350-1360.

But, whatever. We'll worry about that when we get there and They are just going to lose...

Ready For A Break

Who else is looking forward to a three day weekend?

Friday, February 15, 2019 - 11:32am

If you're like me, you're ready for this week to end as it has been like Groundhog Day....every day has seen virtually identical Comex or Globex selling as The Banks lean on price through their algos. On the bright side, Monday will be better. How do we know? Because the US markets will be...


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