Turd's Blog

Another egregious price smash in Comex gold this morning has left the commodity board entirely green except, of course, for the Comex digital precious metals.

Man oh man, some days are more difficult than others. Though we've seen this countless times before, the brazen price...

Today's CPI and, more importantly, the bond market reaction to it, are setting off a strong rally in the digital precious metals today. Why? Real interest rates.

I'll begin with a reminder of what we've discussed and mentioned for months....that inflation-adjusted or "real" interest...

For once, the week begins quietly with muted trading in London and a tight range on Comex. Chances are high it won't remain this way all week.

And there won't be much to move things today, either, save some Fed Goon appearance that I've not yet seen scheduled. If anything, the week has...

It's another day in AlgoHell as HFT computers dump Comex metal futures following a much hotter that expected print of the March PPI. The Machines "see" rising bond yields and are programmed to sell Comex gold because of it...impervious to the bigger picture.

So we'll start there, I...

It has been a busy week in terms of interview appearances. Since you may have missed one or two...and since you might have an interest in forwarding some of the links...I thought I'd combine them all into one public post.

Most of the discussion focuses upon the #SilverSqueeze and the...

In yesterday's podcast, I expressed my concern that the POSX was set to bounce and, by doing so, it would likely force the Comex metals lower. I'm happy to report today that I was all wrong!

What a pleasant surprise to wake up to today. After the gradual rise in the POSX late yesterday...

Today is likely the most interesting day of the week with comments from FOMC members Goon Evans and Goon Barkin, followed by the 2:00 pm ET release of the March FOMC minutes. Can the Comex digital metals hold, consolidate and extend their early week gains? We won't have to wait long to find out...

The Comex digital metals are attempting to rise and rally like the proverbial Phoenix or the ghost of Tom Joad. Is this rally sustainable. Can it lead to higher bouncing highs and and eventual return of Spec excitement and cash? Time will tell but we can always search for clues.

Let's...

The new week begins in the same manner as the old one ended...with Comex Digital Gold pressing up against its Bank-enforced trend arrow. And today is particularly frustrating given the movement down in the POSX.

But it's going to be a long week and, as you know, no trendline can be...

It's an important day for Christians. It's also April Fool's Day. Additionally, it's the first day of the new quarter. Can Q2 be better for us that Q1? Well, that's a pretty low bar to clear as it's hard to believe Q2 could be much worse.

We discussed all of the month and quarter end...