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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 5/23

5/23 12:00 ET Goon Bostic
5/24 9:45 ET Markit Flash PMIs May
5/24 10:00 ET New home sales
5/25 8:30 ET Durable Goods
5/25 2:00 ET May FOMC minutes
5/26 8:30 ET Q1 GDP 2nd guess
5/27 8:30 ET PCE and Core PCE
5/27 8:30 ET Personal Inc and Spending
5/27 10:00 ET UMich 5-yr Inflation Exp.

Forum Discussion

by silverseeker, May 24, 2022 - 11:53am
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by Green Lantern, May 24, 2022 - 6:53am