Turd's Blog

It's May Day. Socialist Workers around the world rejoice and take the day off. In fact, the Chicoms are taking five full days off and this has once again inspired your friendly bullion bankers to seize the day and smash the PMs.

It's not like this every year but, in a year where...

Not possible to record a traditional podcast today as I'm out of the office. However, with MrsF taking the wheel for the next hour or so, I at least have some time to update the charts and look ahead to a very busy end of the week.

As the day ends, it's interesting that the stonk...

Do April plunges bring May rallies? Maybe.

But first we have to get through the end of the month. We've seen a lot of week-end and month-end chart-painting so far in 2025 and since I can't seem to find any reason (I've even asked on X) for these high-volume plunges at 4:10 ET, we're...

Nearly every Monday, I join Cory and Shad at the KE Report for a lively discussion of the markets, the economy and the precious metals. The episode we recorded yesterday was a great interaction and we covered in detail many of the topics we've been following here at TFMR, in particular, the...

It's Tuesday and the big news today will be the latest JOLTS report. This monthly summary attempts to quantify the total number of job openings and quits and it very often leads to significant volatility in the Comex PMs so let's see what happens today.

As I begin this post, however,...

After the late Friday ramp, my concern all weekend was that prices would be ripped back lower on Sunday evening...and they were. However, the situation has since stabilized and we're actually not doing too badly, especially for a Monday.

So welcome to a new week and it's going to be a...

In a remarkable "coincidence" in our "free and fair" precious metals markets, the prices of Comex Digital Gold and Silver have been worked sharply lower today, falling precipitously in early Comex trading. Today is the 17th Friday thus far in 2025 and this is the 15th time we've witnessed this...

The laughs continue and the party rolls on today with your monthly option expiration day on the Comex. As such, you should not be surprised that prices were mostly stable all day through Shanghai and London...and then straight down once Comex trading began in New York.

Anyway, it just...

At the peak of another huge rally in China again earlier today, the price of CDG reached all the way to $3509. However, after a four-day holiday, The London Monkeys returned today and soon went to work on price, which is even lower now that Comex has opened. Have we just seen a blowoff, short-...

We certainly don't ever want to take this for granted...but...isn't this crazy? Here we are with the fourth $100 day in CDG in just the past two weeks. There certainly seems to be something going on in The Big Picture but I, like you, feel like like I'm looking at it through a haze.

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