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TFMR Podcast - Wednesday, May 15


Well, what a day that was. In the Tuesday podcast, we discussed how the action post-PPI set us up for a potentially great today today...and it was...with Jul24 CDS getting to $29.99 this afternoon. So what happens next? Will CDS breach $30 overnight and, if it does, will it be able to hold and extend? Let's talk about that today.

But there's more than just silver to discuss. Gold was up solidly, too, as were the shares. All of it following a dump of economic data this morning, nearly all of which went our way.

So after a lengthy general discussion, we take a look at...

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Key Economic Events Week of 6/10

6/12 8:30 ET CPI and Core CPI
6/12 2:00 ET FOMC Fedlines
6/12 2:30 ET Jerry's presser
6/13 8:30 ET PPI and Core PPI
6/14 8:00 ET Some Random Goon
6/14 10:00 ET Prelim UMich

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