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TFMR Podcast - Wednesday, May 12


It was a lousy day for price but an excellent day for fundamentals in Comex Digital Gold and Silver. So let's just wrap this day up and put it behind us.

For today, everything you need to know was contained in the morning post. This was simply AlgoHell as The Machines sold CDG and CDS with every uptick in the POSX and downtick in bonds. Yuck. But you must keep in mind that CDG was up $60 and CDS up $1.11 in the previous five days so it's not like we have a full-fledged natural disaster on our hands.

When you have time, please read just this one link today:...

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Key Economic Events Week of 6/21

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6/23 9:45 ET Markit flash PMIs for June
6/24 9:30 ET Durable Goods
6/24 9:30 ET Q1 GDP final guess
6/24 9:30 ET Goons Bostic and Harker
6/24 11:00 ET Goon Williams
6/24 1:00 ET Goon Bullard again
6/25 8:30 ET Personal Inc and Spending
6/25 8:30 ET Core PCE
6/25 10:00 ET UMich Consumer Sentiment

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