TF Metals Report Blogs

Gold Hold

After gradually rallying overnight, Comex Gold looked set to crawl back above $1300 this morning until the latest PPI number pushed it backward.

FOMC Minutes This Afternoon

In less than three hours, the minutes of the September FOMC meeting will be released. Since little price action is expected until then, here's just a short post designed to remind you of levels to watch this afternoon and into the overnight.

An Update from Batchelor and Cohen

After skipping last week, John and Steve returned last evening with an update on military buildups along the Russian frontier as well as further diplomatic breakdowns between the two sides of The New Cold War.

GAN2017 Rolls Over Again

Even without a Nork missile test, the all-important USDJPY has continued to drift lower today as Trump's domestic agenda again appears stalled. Just as we've seen on several other occasions this year, GAN2017 is failing and this is prompting the Comex metals to reverse and begin a new move higher.

No Bank Monday

The Comex Metals have been higher since last evening and the US Banks are closed today. Coincidence? HAHAHAHA! Now, if only we could figure out a way to close The Banks for a week...or a month...or longer.

Reflections of a Sell-Out

Two weeks ago, on FOMC day, I loaded a number of ammo-cans into my truck and drove down to the LCS to show them what was inside and see if they wanted to buy it. The contents were precious to me, containing most of my stack of silver and all of my gold. but I learned a few things about myself and about dealing in precious metals. I need to learn more.

The Fix Was In

Just as how a negative job print doesn't matter, and just as how earnings rising solely due to hurricane-related overtime doesn't matter, the fix was in today for the "metals"...just as we've been expecting for over three weeks. Now comes the test. Will we also be proven correct that the lows for this latest Spec wash are now upon us?

Dr Copper On The Rebound

Today is playing out much like yesterday with an overnight rally blunted be a pre-NYSE open surge in the USDJPY. There is one bright spot, however, and he goes by the name "Dr Copper".

The Waiting

In honor of the late Tom Petty. Seems appropriate.

The waiting is the hardest part
Every day you see one more card
You take it on faith, you take it to the heart
The waiting is the hardest part

Comex Silver "Deliveries" Surge In September

Though Comex metal "delivery" remains a sham and circle jerk where The Banks simply shuffle paper warehouse receipts and warrants, we thought the latest totals for September were noteworthy enough to bring them to your attention.

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