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TFMR Podcast - Friday, September 13

165

Well, I sure didn't see that coming. However, I'm pretty sure that no one saw an August US deficit of $380,000,000,000 coming, either. That cold slap to face brought about a Keynesian reality check and the Comex PMs were bid all the way through the weekly close.

And what a week it was! From the Comex close last Friday to the Comex close today, CDG was up $86 and CDS was up a whopping $2.88! Not to be outdone, the shares got in the act, too, with the GDX up $3.46 on the week or about 9.5%.

Of course, next week will bring its own set of challenges and we can't be certain...

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Key Economic Events Week of 10/7

10/7 1:00 ET Goon Bowman leads off
10/7 1:50 ET Goon Kash-n-kari
10/7 3:00 ET Consumer Credit
10/8 8:30 ET US trade deficit
10/8 12:45 ET Goon Bostic
10/9 9:15 ET Goon Logan
10/9 10:00 ET Wholesale Inventories
10/9 12:30 ET Goon Jefferson
10/9 12:45 ET Goon Bostic again
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET CPI and Core CPI
10/10 9:15 ET Goon Cook
10/10 10:30 ET Goon Barkin
10/10 11:00 ET Goon Williams
10/11 8:30 ET PPI and Core PPI
10/11 10:00 ET Prelim UMich
10/11 10:45 ET Goon Logan
10/11 1:10 ET Goon Bowman wraps up

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