TF Metals Report Podcast

With your host out of the office this afternoon, the usual schedule has been upended. Therefore, here's your daily wrap-up...even though the day is still in progress.

We'll get back to a normal schedule tomorrow but, as of 12:30 ET or so, here's what we have.

We begin with a...

It was a rough day as a bond market selloff prompts some Spec liquidation that was undoubtedly exacerabated by Banks wishing to cover and retire some of their record open interest issuance.

For today, we begin by discussing the two links below with special emphasis on the first one:...

What a dull, lifeless way to start the week. Therefore, I'm cutting this podcast early and getting out of the office before I drive myself mad.

For today, a general discussion of today's bond-and-pig-inspired malaise followed by a discussion of what to watch tomorrow and into the end...

As has been the recent pattern, all early week losses were again reversed and we were able to paint another green candle onto the weekly chart.

So this was a pretty good week. We successfully navigated the FOMC and the BLSBS even though The Banks have ramped Comex gold open interest to...

It was a solid day as the global investment world once again seemed to understand that there will never be an end to quantitative easing and what is coming will include continual fiat devaluation and negative interest rates.

For today, just a general discussion of the day's events...

It was FOMC Fedline day and we survived! Not only did prices bounce back from initial losses, both Comex metals actually closed up on the day. So now the focus shifts to a full slate of economic data tomorrow and the latest installment of the BLSBS come Friday.

If you missed the...

Well, it's time to get ready from some volatility as tomorrow brings the FOMC fedlines and the start of a parade of economic data. Here's a podcast to help you get your gameface on.

For today, these four links:

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Once again, it was a frustrating Monday. However, each of the past four down Mondays were followed with mid-to-late week surges that more than made up for the early week losses. Can we that five weeks in a row this week? The FOMC and the economic data will likely determine our fate.

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It was a frustrating way to end the week but I'll remind you that back on Monday we traded as low as $1485 and $17.45. So, when you see another set of green candles printed on the weekly charts, don't despair but smile, instead.

And boy oh boy do we ever have a crazy week ahead of us....

Another day where the wider "markets" gave off the appearance that all is well and just fine. Well, is it? Or is this worsening REPO/liquidity telling us something different and more important?

So for today, we attempt again to explain REPO in the clearest possible terms as it's...