Turd's Blog

tfmetalsreport [at] gmail [dot] com ()

Craig Hemke, aka "Turd Ferguson," was a licensed securities "professional" for nearly twenty years. Disgruntled by the fraud known as "financial services", he retired to a career as a serial entrepreneur in 2008. Though otherworldly in his ability to forecast price movements, The Turd is NOT a soothsayer, a psychic or a witch. After all these years, he simply has a decent understanding of the forces at play in the precious metal "markets".

You can reach The Turd by visiting the Contact page and selecting "Speak to The Turd" or you can simply send him an email at turd[at]tfmetalsreport[dot]com. If you are polite and not belligerently arrogant, he will probably answer you in short order. If he does not answer you, do not be offended. He's a busy guy and there are only so many hours in a day.

Feels Like A Monday

Tuesday, January 19, 2021 - 10:31am

But it's not Monday, it's Tuesday which makes this just a four-day week. So at least we've got that going for us.

And it's going to be a crazy week, too. While, for once, there isn't a lengthy list of economic datapoints to wade through, there is certainly no shortage...

In lieu of a podcast...

Monday, January 18, 2021 - 3:47pm

The U.S. market holiday today means that there will not be a regular Monday podcast. Instead, please have a listen to this discussion with Elijah Johnson that was recorded just a few hours ago.

Over the course of this call, Elijah and I discuss a number of topics:

  • the
  • ...

U.S. Debt Hat Contest

Monday, January 18, 2021 - 8:21am

With not much else to do on an otherwise quiet U.S. market holiday Monday, let's have some fun with a new kind of Hat Contest that's focused upon the exponentially-growing U.S. national debt.

The idea for this contest came from our old friend and longtime contributor, AGXIIK. He wrote...

Three Days Off

Friday, January 15, 2021 - 10:23am

And boy do we need it! The year has begun poorly and it's enough to make you crazy as nearly everything is moving in directions contrary to what common sense would predict.

I mean think about it for a bit. Since the start of 2021, we've seen:

  • Trump sign $900B in new
  • ...

CGP Today

Thursday, January 14, 2021 - 11:12am

Not sure if we'll get much of anything new from Chief Goon Powell later today but we'll certainly be on the lookout for anything that might help or hurt our PMs when he speaks at a virtual event hosted by Princeton University.

Preceding him will be the alleged heir apparent, Goon...

Watching $1860 CDG

Wednesday, January 13, 2021 - 10:59am

You may recall the Q4 consolidation in Comex Digital Gold and how the $1860 level repeatedly offered important support...until the deliberate, wedge-crushing smash of November 23. Well, here we are, coming up from the other side and whaddayaknow? It certainly appears the $1860 is now providing...

2021 Preview with Greg Hunter

Wednesday, January 13, 2021 - 9:57am

It's always fun to be on USA Watchdog with Greg Hunter and this appearance recorded yesterday was no different as Greg and I took stock of where we've been and looked forward to where we're going.

Much of this discussion centered around our...

Another Day For Stacking

Tuesday, January 12, 2021 - 10:50am

The good news is that we've so far avoided another steep drop in both Comex digital metals today. The bad news is that CDG has been pummeled ever since the Comex open and remains the only item in the red on the entire board.

Why type about it when I can simply show you? The POSX is...

It's A New Week

Monday, January 11, 2021 - 10:35am

A new week begins...which is good because last week sure stunk. And it's going to be a busy week, too. And then next week...oh my gosh! So buckle in. The road ahead will be volatile and unpredictable.

I don't even know where to start. I guess we'll begin with some of the stuff...

Just Another Deliberate Smash

Friday, January 8, 2021 - 10:35am

As we've seen a several times over the past few months, prices were suddenly and brutally smashed in London today and that set the stage for a down open on Comex and a further smash this morning in the U.S. It's always disheartening to see these smashes and today is no different.