TFMR Podcast - Monday, August 8

After the disappointment of Friday and the BLSBS selloff, both metals stabilized a bit today. What might the rest of the week hold? C'mon in and let's talk about what to watch and what to expect.

Back At It

A little sluggish this morning dealing with the jetlag and general malaise of coming off a vacation. However, "money never sleeps, BuddyBoy". So, let's dive right in and assess where we are after the orchestrated carnage of last Friday.

We Don't Call It The "BLSBS" For Nothing

Over the past six years, we've popularized the term "BLSBS" as an acronym for the phony, once per month US jobs report. Today brought another shining example of what makes that term so perfect.

You Want Fries With That?

Look, not to get all morbid or anything, but life comes at you, good and bad, and it is not always about Fibonacci retracements, options expiration, open interest and the FED.  On the good side, we have our excellent proprietor, Mr. TF, celebrating a lifelong accomplishment, his 20th wedding anniversary!  Hooray!

But on the other end of the spectrum, we see another loss of life, which from any viewpoint, is a tragedy.

Another Chart Update

Just another quick chart update before we get to Friday and the latest edition of "the most important jobs number of all time".

Evidence-Based Policy

A funny coincidence occurred recently—yet another week when the Fed is hinting, signaling, screaming (but probably lying) that they will raise interest rates. A colleague asked me if I would review an article she has written for an encyclopedia on research methods. Her article explains “Evidence-Bassed Policy.”  So I’d like to muse about the FED’s decision-making methods here in this short essay, and contrast them with the theory behind their stated rationale.

Chart Update

Summer Sabbatical continues but the start of the week and month begs this quick chart update.

A Curious Pattern of Comex "Deliveries"

Even though gold "deliveries" on the Comex are nothing but a charade and shuffle of paper warehouse receipts and warrants, the latest trend is a real eye-opener and appears to be a rather interesting datapoint of extreme demand for gold in all its forms.

<Please be sure to note that this is a PUBLIC POST.>

The Wizard of Foresight: Two weeks in Turdville

For folks who aren't subscribers at TFMR, come on in and see what we've been up to.  You may find it enlightening and profitable!

Christmas in July

Well, we've spent the last two weeks making some bold predictions about the price of gold, the Bank of Japan and interest rates. Now here we are at the end of the month and things have unfolded almost precisely as we'd hoped. Won't it be fun to see what gifts August brings?

Syndicate contentTF Metals Report Blog Feed