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TFMR Podcast - Thursday, October 28

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It was a day of crosscurrents and continuous offer by the bullion banks. So, despite a steep drop in the POSX, neither Comex digital metal was able to crank out a gain.

The Q3 GDP came and went and, with it, any hope for a sustained US economic recovery. As the US economy slouches toward its inevitable stagflationary recession, bond rates spiked a little while the POSX puked. These two counterbalanced each other and left the Comex PMs treading water and mostly UNCH.

So, after a general discussion of the day's events and look ahead to tomorrow, we wrap up with the latest...

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Key Economic Events Week of 11/29

11/29 10:00 ET Pending Home Sales
11/29 3:00 ET Chief Goon Powell
11/30 10:00 ET CGP and Mother to Capitol Hill
11/30 9:45 ET Chicago PMI
11/30 10:00 ET Consumer Confidence
11/30 1:00 ET Vice Goon Chlamydia
12/1 8:15 ET ADP jobs report
12/1 9:45 ET Market Manu PMI
12/1 10:00 ET ISM Manu PMI
12/1 10:00 ET CGP and Mother to Capitol Hill
12/2 8:30 ET Goon Bostic
12/2 11:30 ET Goon Daly
12/3 8:30 ET BLSBS
12/3 9:45 ET Markit Services PMI
12/3 10:00 ET ISM Services PMI
12/3 10:00 ET Factory Orders