TF Metals Report Podcast

Oh my gosh! If you'd told me on Monday that we'd finish the week up nearly 1.5% in Comex Digital Gold, I'm not sure I would have believed you.

Yet here we are! So, let's celebrate by having a fun weekend. But first, a lengthy weekly recap and then these charts in order:...

The combined market action today nrings us back to a more cautious tone as we look ahead to the second half of this month. Please be sure to come in and have a listen.

For today, I attempt to describe the rationale for what I'm sensing but I'm not sure I did a particularly good job of...

Given the current circumstances and, frankly, just for fun, I thought I'd make today's podcast a free, public thread for all to enjoy.

However, it's late so I need to get this posted. No additional links today. Instead, just a lengthy general discussion of the day's events and a...

The Comex metals are holding form as the week begins but that could very well change considerably tomorrow as CGP heads to Capitol Hill, we get the latest wholesale inventory data AND the minutes from the June FOMC are released.

So to that end, we have an extensive discussion of...

It was a day of post-BLSBS, follow-through selling as well as clear and present Bank efforts to roll price lower. And unfortunately, with what we have ahead of us, more challenges await as we roll through the week.

For today, a lengthy discussion of the day that was, including a recap...

It was a long day and a long week but, given all of the "bad news" that was thrown at gold this week, it actually held in there quite well.

Now, next week will bring all sorts of challenges, too, so be ready for more volatility. However, when you consider...

• The G-20
...

It's not a full holiday weekend as the US markets will be open on Friday. Regardless, it's tradition around here to check in with Jim Willie for a mid-summer update so here you go.

As usual, we mainly tried to discuss three, major themes...though, as usual, the conversation often...

It's time for a market holiday but first we must discuss the events of the day and then prepare for the BLSBS on Friday.

So after a lengthy general discussion, we begin by reviewing these charts of interest rates and the POSX:...

It was a very interesting day as the Comex precious metals rebounded and recovered all of their losses from yesterday. Why? I'm not sure I have the answers just yet.

Be sure to note that the Aug19 gold rose over $13 on the Globex session this afternoon. Yes, volume and bid/offer stacks...

The week, month and quarter got off to a lousy start today after the G-20 and PMI news. But, as always, you must expect three-steps-forward-and-two-steps-back when it comes to Comex gold bull markets. As such, today's drop should not have come as too big of a surprise.

For today, it's...