Turd's Blog

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.

Worse By The Day

Friday, February 7, 2020 - 10:39am

Not too long ago, this was the only type of Corona that ever entered my mind. Oh the simple days of 2019. Where have ye gone?

Oh crap. The news just gets worse by the day. But look, I'm not particularly concerned for myself or my family...though I'm building a stockpile of N95 masks...

Biding Time

But keep in mind that tomorrow is BLSBS Day.

Thursday, February 6, 2020 - 10:53am

The Comex Digital Metals are bouncing today after once again holding support following an early week beatdown. Sound familiar? It should. Nearly every week in 2020 has played out in much the same fashion.

And why the bounce? Price is responding to the resurgence of the two primary...

A Shining Example

But also just another day in AlgoHell.

Wednesday, February 5, 2020 - 11:09am

Too often now do we get glaring examples of just how utterly messed up our "markets" are. And, boy oh boy, did we ever get one earlier today. We call it "AlgoHell" and we are all living in it.

Shirtly after 2:o0 am CST, a headline was printed by Reuters. It stated:

  • ...

On Again With Greg Hunter

Wednesday, February 5, 2020 - 10:07am

It's always great fun to be on Greg Hunter's USA Watchdog program. This latest segment was recorded Tuesday morning and I think you'll enjoy watching.

Here's the link to Greg's site with a full summary of the discussion:...

Sunshine, Rainbows and Lollipops

And Skittles for everyone!

Tuesday, February 4, 2020 - 10:40am

You see, there's nothing to fear. All is well in the world. There's no debt bubble. There's no economic slowdown. There's no REPO/liquidity Crisis. And there's certainly no fear of a sweeping global pandemic. How do we know this? Just check the "stock market", of course!

So let's begin...

Another Week Begins Down

The pattern thus far in 2020.

Monday, February 3, 2020 - 11:46am

In what has become a consistent pattern in 2020, the Comex precious metals have again begun the week sharply lower. But by now you all know "the old adage" so let's wait to see how the rest of the week plays out.

Let's start with a chart. Here's Comex Digital Gold in 2020. Note that...

Chiefs Win!!

Monday, February 3, 2020 - 12:57am

It has been a long weekend and it might be late morning Monday before I can post a new thread, so here's just a brief post to kick off the week.

So far, the precious metals are under pressure as the pandemic news over the weekend failed to be apocalyptic and the Chinese markets opened...

Into The Weekend

Don't let your guard down.

Friday, January 31, 2020 - 10:10am

As expected, reality is setting back in today and the sudden reversals of late yesterday are now seeing themselves reversed. And now we head into the weekend, it's not difficult to imagine that binds and gold will stay well-bid all day. Why? Would you want to be short into the news flow and the...

TFMR Written Podcast - Thursday, January 30

WOPR strikes back!

Thursday, January 30, 2020 - 5:25pm

What an incredible time to be alive. Humans are dying from a virus that is seemingly spreading out of control and which the World Health Organization just deemed a "global health emergency". However, The Machines decided that everything was going to be just fine this afternoon so they went...

Super Thursday

Big game. Big week. Big move in gold.

Thursday, January 30, 2020 - 11:01am

It's the Thursday before Super Bowl 54, where on Sunday the Kansas City Chiefs will defeat the San Francisco 49ers by a final score of 37-23.

Today is also the day where we got our first guess at Q4 GDP. Turns out our little buddy in Atlanta got it right...or at least he has mastered...