Metals

Things are getting crazier by the day in the US bond market, where rates have collapsed in the week since Chief Goon Powell and his FOMC announced their latest capitulation to the forces The Fed unleashed a decade ago.

Sometimes when I prepare to type posts like this, I fear that I'm...

Wow, what a brutal and no-fun week this has been. Every brief rally has been heavily sold as this has no doubt become our first Spec wash-and-rinse of 2019.

Of course, we have no idea of just how much The Banks had gotten over-short by last Wednesday. I guess we'll get some idea later...

Gold and silver were both bouncing back and headed higher earlier today. And then the Comex opened. And then the Q4 GDP came in stronger than expected. And now we're back in the tank.

Here's the story on the Q4 GDP which purports to show that 2018 was the best year for the US economy...

As we discussed to finish last week, Phase Two of 2019 is now clearly underway. However, it's very likely to be a short trip as The Banks will fight us with everything they've got at $1350-1360.

But, whatever. We'll worry about that when we get there and They are just going to lose...

After yesterday's ridiculous Globex raid, it pains me to report that the criminality continues and is on full display this morning.

I guess all I can really do is update the situation. By now, I hope you fully realize how this game is played by the market-making Banks. Nowhere on earth...

If you've been following along since late last year, then you know there is nothing about the current action, economic climate or Fed policy that is unexpected. Therefore, it's very important to note that this is still just the initial rally of 2019 . There will always be...

Well, here we are in another one of those no-fun periods where prices have stalled, momentum has reversed and some Specs are getting washed. It came earlier than expected and we have the BLSBS to blame for that. Let's begin today by attempting to assess where we go from here.

In...

For each of the past several years, we've written January posts that helped to serve as a road map for the year ahead. Though crystal ball-gazing is an inexact science, on balance we've done a pretty good job with these forecasts. As 2019 dawns, we thought we should give it another try today...

The new day dawns with the Comex metals trading in much the same manner as they have for the past few weeks...with the regular imposition of the Never, Ever, Ever, Ever, Ever Rule.

If you're new to TFMR, perhaps you're unaware of the "NEEEE Rule". No, it's not named after legendary...

This is so freaking obvious and ridiculous that I thought it deserved its own post. What's even more ridiculous is the amount of shills and charlatans who still publicly cling to the silly notion that the Comex silver market is a free and fair marketplace for physical price discovery.

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Some terrible forward guidance from Apple and a forex flash crash have combined today to create a toxic stew for the stockroaches, who are left hoping for another PPT intervention to save the day.

By now, you likely know all about what happened late yesterday so let's just skip...