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TFMR Podcast - Monday, May 16

54

In what may go down as a trend change and reversal day, Comex Digital Gold fully recovered from an overnight London Monkey raid to post a high that was $41 above the low. Could it be that the lows for this brutal, four-week downtrend are in? Ask me again tomorrow at this time.

And why wait for confirmation tomorrow? Because Goon Bullard is scheduled to speak at 8:00 am ET and Chief Goon Powell follows at 2:00 pm. If both CDG and CDS can navigate these events and add to today's gains, then maybe we can feel better about price direction in the days ahead.

For today, here's...

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Key Economic Events Week of 6/27

6/27 8:30 ET Durable Goods
6/27 1:25 ET Jul22 Silver option expiry
6/27 10:00 ET Pending home sales
6/28 10:00 ET Consumer Confidence
6/28 10:00 ET Richmond Fed
6/28 12:30 ET Goon Daly
6/29 8:30 ET Q1 GDP final guess
6/29 9:00 ET Chief Goon Powell
6/29 11:30 ET Goon Mester
6/29 1:00 ET Goon Bullard
6/29 1:25 ET Jul22 Silver off board
6/30 8:30 ET PCE and Core PCE
6/30 8:30 ET Pers Inc and Cons Spend
6/30 9:45 ET Chicago PMI
7/1 9:45 ET S&P Manu PMI
7/1 10:00 ET ISM Manu PMI

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