TF's Contributions

TFMR Podcast - Tuesday, January 19

Tuesday, January 19, 2021 - 5:41pm

To you, it may have seemed like a dreary and dreadful Tuesday. For TFMR, however, it was reason to celebrate as Mother made her triumphal return to "public service" with her nomination as SecTreas for the incoming Biden administration.

As why do we celebrate Mother's return? Because...

Feels Like A Monday

Tuesday, January 19, 2021 - 10:31am

But it's not Monday, it's Tuesday which makes this just a four-day week. So at least we've got that going for us.

And it's going to be a crazy week, too. While, for once, there isn't a lengthy list of economic datapoints to wade through, there is certainly no shortage...

In lieu of a podcast...

Monday, January 18, 2021 - 3:47pm

The U.S. market holiday today means that there will not be a regular Monday podcast. Instead, please have a listen to this discussion with Elijah Johnson that was recorded just a few hours ago.

Over the course of this call, Elijah and I discuss a number of topics:

  • the
  • ...

U.S. Debt Hat Contest

Monday, January 18, 2021 - 8:21am

With not much else to do on an otherwise quiet U.S. market holiday Monday, let's have some fun with a new kind of Hat Contest that's focused upon the exponentially-growing U.S. national debt.

The idea for this contest came from our old friend and longtime contributor, AGXIIK. He wrote...

TFMR Podcast - Friday, January 15

Friday, January 15, 2021 - 5:22pm

The week ended poorly but, before we can start a 3-day holiday weekend, we need to take stock of the chart damage that has been done and assess where we might go next week.

To that end, much of today's general discussion centers upon the HFT drivers of today's smash. However, we also...

Three Days Off

Friday, January 15, 2021 - 10:23am

And boy do we need it! The year has begun poorly and it's enough to make you crazy as nearly everything is moving in directions contrary to what common sense would predict.

I mean think about it for a bit. Since the start of 2021, we've seen:

  • Trump sign $900B in new
  • ...

Thursday Conversation - Brent Cook and Joe Mazumdar of Exploration Insights

Thursday, January 14, 2021 - 2:00pm

We've known Brent Cook for quite a few years now. His work at Exploration Insights has always been extraordinarily valuable and he's been consistently willing to share his knowledge and experience with us here at TFMR.

But it's time for Brent to move toward retirement and Joe Mazumdar...

CGP Today

Thursday, January 14, 2021 - 11:12am

Not sure if we'll get much of anything new from Chief Goon Powell later today but we'll certainly be on the lookout for anything that might help or hurt our PMs when he speaks at a virtual event hosted by Princeton University.

Preceding him will be the alleged heir apparent, Goon...

TFMR Podcast - Wednesday, January 13

Wednesday, January 13, 2021 - 5:55pm

It has been an endless parade of Fed Goons since the year began. One day a Goon says that rates are about to rise, only to be followed the next day by a Goon who disagrees. Well we may get some clarification tomorrow as Chief Goon Powell makes an appearance.

And this is the primary...

Watching $1860 CDG

Wednesday, January 13, 2021 - 10:59am

You may recall the Q4 consolidation in Comex Digital Gold and how the $1860 level repeatedly offered important support...until the deliberate, wedge-crushing smash of November 23. Well, here we are, coming up from the other side and whaddayaknow? It certainly appears the $1860 is now providing...

2021 Preview with Greg Hunter

Wednesday, January 13, 2021 - 9:57am

It's always fun to be on USA Watchdog with Greg Hunter and this appearance recorded yesterday was no different as Greg and I took stock of where we've been and looked forward to where we're going.

Much of this discussion centered around our...

TFMR Podcast - Tuesday, January 12

Tuesday, January 12, 2021 - 5:22pm

Tuesday finished well after an unexpectedly strong 10-year treasury auction prompted a turnaround in the bond market and a dump in the POSX. So what will tomorrow bring? The latest CPI data due at 8:30 ET will likely have a big impact.

So we discuss that potential impact today as well...

Another Day For Stacking

Tuesday, January 12, 2021 - 10:50am

The good news is that we've so far avoided another steep drop in both Comex digital metals today. The bad news is that CDG has been pummeled ever since the Comex open and remains the only item in the red on the entire board.

Why type about it when I can simply show you? The POSX is...

TFMR Podcast - Monday, January 11

Monday, January 11, 2021 - 5:52pm

Day one of the new week is in the books and now we wait to see what tomorrow brings. Actually, we may even need to wait and see what tonight brings.

To that end, please see this very odd story from ZH and combine it with the Twitter screenshot below. It sure is a weird time to be alive...

It's A New Week

Monday, January 11, 2021 - 10:35am

A new week begins...which is good because last week sure stunk. And it's going to be a busy week, too. And then next week...oh my gosh! So buckle in. The road ahead will be volatile and unpredictable.

I don't even know where to start. I guess we'll begin with some of the stuff...

TFMR Podcast - Saturday, January 9

Saturday, January 9, 2021 - 11:18am

In our 2021 macrocast, we promised you a volatile year ahead and warned that the bull market in precious metals was going to try often to buck you off and send you reeling. Yesterday was a perfect example.

But we're here today to explain what happened and why that type of washout...

TFMR Podcast - Friday, January 8

Friday, January 8, 2021 - 2:18pm

As discussed earlier this week, there won't be the usual podcast today. Instead, this week we've been collecting your questions for this special Q&A session and your weekly summary podcast will be recorded tomorrow, instead.

Over the course of the week, thirty of you sent in...

Just Another Deliberate Smash

Friday, January 8, 2021 - 10:35am

As we've seen a several times over the past few months, prices were suddenly and brutally smashed in London today and that set the stage for a down open on Comex and a further smash this morning in the U.S. It's always disheartening to see these smashes and today is no different.


TFMR Podcast - Thursday, January 7

Thursday, January 7, 2021 - 5:18pm

The end of the week draws near and the only thing standing in the way of a green finish is the market reaction to tomorrow's BLSBS. So come on in and have a listen and let's get ready to wrap up the first week of 2021.

For today, a general discussion that includes references to these...

2021: A Gold Odyssey

Please read and consider our 2021 macrocast.

Thursday, January 7, 2021 - 12:11pm

Well, here we go again. It's January so that means it's annual forecast time...that time of year when I walk the plank knowing full well that I may end up plunging into the sea. And for what reason? I'm not sure. The screenshot below is taken from the opening paragraph of our 2020 macrocast and...