Turd's Blog

Founder
turd [at] tfmetalsreport [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.

When Good News Is Bad News

Gold rallies as the pandemic worsens.

Friday, February 21, 2020 - 10:49am
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It's another huge day for the precious metals and the mining shares...unfortunately driven higher due to the worsening global pandemic situation. But it is what it is and if the price movements cause heartburn for the Criminal Bullion Banks, then we'll just continue to take our healthcare...

A Miner Aggravation

Thursday, February 20, 2020 - 10:48am
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All would be well today...at least in our sector...if it were not for the expected and utterly predictable beating of KL shares following the release of their latest earnings report. So let's set that aside and focus instead upon the positives, instead.

And it's another day of rising...

An Update from Batchelor and Cohen

Essential information regarding The New Cold War.

Wednesday, February 19, 2020 - 4:41pm
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I have been so busy today that I've not yet had a chance to listen. Once I can find the time, I shall. You should, too.

Many thanks again to John and Steve for their ongoing diligence in these matters.

TF

Wednesday Prep

Prudent prep is probably possible.

Wednesday, February 19, 2020 - 10:56am
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After the strong gains of yesterday, the Comex metals are attempting to stabilize and maintain today ahead of the next surge up. When it comes, it will be important...particularly in Comex silver as the key level of $18.50 now looms just over the horizon.

The news today is no...

Playing Catch Up

A 3-day weekend leads to a 4-day week.

Tuesday, February 18, 2020 - 10:19am
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After a market holiday Monday, the US markets are playing a bit of catch up today as things move fast with the virus pandemic continuing to worsen around the globe.

Where do we even start on a Tuesday? The virus news is bad but that's likely something you already know. So let's start...

Another Three-Day Weekend

Friday, February 14, 2020 - 11:06am
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As the US barrels toward another three-day holiday weekend, it will be quite interesting to see how the "markets" trade today. The news is pretty bad across the board so let's watch to see what gets sold and what gets bought before the close this afternoon.

Let's begin today with the...

The Relentless March Of The Machines

Nothing can stop them.

Thursday, February 13, 2020 - 11:49am
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Nothing can stop them. They are seemingly programed to buy every dip. No news or headline can get in their way.

It has been a long morning and, as such, this late brief post. Why? I had my annual physical exam today, complete with blood draws, EKG, the one-finger handshake...the whole...

Moron Not-QE

This really isn't complicated.

Wednesday, February 12, 2020 - 10:58am
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This topic continues to come up in every interview this year so let's discuss it again this morning.

First of all, understand that The Fed is (in)directly monetizing the debt. Take, for example, air travel. If you are in San Diego and you wish to fly to Minot, you won't be able to find...

CGP on Capitol Hill

It's another purple tie day!

Tuesday, February 11, 2020 - 10:19am
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So far, it appears that the semi-annual appearance of Chief Goon Powell on Capitol Hill may come off without any damage. But be mindful of this today as these events have often been used in the past as cover for a raid.

My goodness, how many times back in the day did we see the metals...

Back To Work

And it's going to be a long week.

Monday, February 10, 2020 - 10:59am
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As the new work week begins for the precious metals, the larger question is whether or not the work week has begun in China, where it was expected that today would be "back-to-work day" for the virus zone.

So was it? As with everything else over there, it's hard to tell. Via Twitter, I...

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