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TFMR Podcast - Friday, November 12


It was a great week and Comex gold has now painted seven, consecutive green candles onto its daily chart. While that winning streak won't go on forever, the stage appears set for a challenge of $1900 and beyond in the days to come. So have a listen to this podcast recap and then go enjoy your weekend.

For today, we somehow avoided the smash that I felt was almost certainly coming. Oh sure, CDG was down more than 1% at the midpoint of the London Monkey session but, once the bond market turned around, both metals reversed from their lows of the day and then finished this afternoon...

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Key Economic Events Week of 12/6

12/7 8:30 ET US Trade Deficit
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 10:00 ET JOLTS job openings
12/10 8:30 ET CPI
12/10 10:00 ET UMich consumer sentiment
12/10 10:00 ET Five-year inflation expectation