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TFMR Podcast - Friday, May 21

177

It was another solid week in the Comex precious metals and though next week may prove to be challenging, the stage is set for a strong June and the attainment of our July goals.

Lots of shenanigans today as CDS was slammed lower intraday with The Banks working overtime to ensure that price would once again fail to finish the week above $28. But that's OK. We still posted a greater than 2% weekly gain for CDG. And consider this, too....CDG fell $400 over a seven-month consolidation but it has just reclaimed half of that in just seven weeks. Pretty cool.

So let's wrap up...

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Key Economic Events Week of 6/14

6/15 8:30 ET Retail Sales
6/15 8:30 ET Producer Price Index
6/15 8:30 ET Empire State Manu Idx
6/15 9:15 ET Cap Ute and Ind Prod
6/15 10:00 ET Business Inventories
6/16 8:30 ET Import Price Index
6/16 2:00 ET FOMC Fedlines
6/16 2:30 ET Chief Goon Powell presser
6/17 8:30 ET Philly Fed
6/17 10:00 ET Leading Economic Indicators

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