TF's Contributions

The First Hints of Stagflation

Friday, September 11, 2020 - 9:33am

With yesterday's Producer Price Index and today's Consumer Price Index, the US is beginning to see its first hints of the coming stagflation. If we're right about this, the long-term impact on the precious metals and the mining shares will be significant so this is something we need to closely...

TFMR Podcast - Thursday, September 10

Thursday, September 10, 2020 - 4:02pm

It was a tough day as the POSX staged a massive reversal and sent almost every other "market" reeling...even the "stock market". So now, with nearly everything linked to The Pig via algo, what will happen next?

That's suddenly the question. It's one thing to have just Comex gold and...

Going My Way

Thursday, September 10, 2020 - 10:44am

The economic data and other news flow today has been just what we needed to continue to rallies that began late Tuesday. And now, since it's already Thursday, we can begin to hope for some pretty green candles when we update the weekly charts tomorrow.

So what are those news items and...

TFMR Podcast - Wednesday, September 9

Wednesday, September 9, 2020 - 5:59pm

The Comex metals and mining shares continued to rally today ahead of what will be an interesting Thursday. Please be sure to give this podcast a listen.

For today, a general discussion that includes a look ahead to tomorrow's PPI as well as some early calculations of the average prices...

Inflation Data Pending

Wednesday, September 9, 2020 - 10:34am

Tomorrow brings the Producer Price Index and Friday brings the Consumer Price Index. Will either of these show the beginning stages of the stagflation that we expect in the months to come?

Of course, neither of these will even come close to approximating the true level of price...

TFMR Podcast - Tuesday, September 8

Tuesday, September 8, 2020 - 6:03pm

It was a fascinating day as initial weakness was turned around and became a beautiful reversal. However, late day dumping of stocks led to further strength in The Pig and this, in turn, led to renewed algo selling on Comex metal.

Regardless, had you promised my $1939 and $26.84 earlier...

SPECIAL PODCAST: Serafino Iocano of Gran Colombia Gold

Tuesday, September 8, 2020 - 10:40am

You may recall that Eric Sprott first mentioned Gran Colombia a few months back and he and I both traded into and out of the stock at a healthy profit. The question is...did I get out too soon? That's always the risk.

So today, the Executive Chairman of Gran Colombia, Serafino Iocano,...

Tuesday Like A Monday

Tuesday, September 8, 2020 - 10:37am

A long three-day US market holiday weekend comes to an end and, with it, The Summer Doldrums. But you'd never know it by the "market" action today as it's another day of a sharply higher POSX leading to lower Comex metal prices.

Jeezo. This is really getting old. All that matters is...

Holiday Jackass

Saturday, September 5, 2020 - 9:00am

It's a three-day US market holiday weekend. You know what that means.

And we have a different format this time. A few days ago, Jean-Claude of Beyond Mystic invited Jim and I to discuss things on his YouTube channel. So, instead of the usual podcast, here are the YT segments via JC's...

TFMR Podcast - Friday, September 4

Friday, September 4, 2020 - 5:54pm

Just like June 5, another implausible US jobs report leads to an early morning rout of the metals and shares. However and also like June 5, prices recovered as the day progressed.

And we all know what happened beginning Monday, June 8.

So for today, we recap the utterly...

Recalling June 5

Friday, September 4, 2020 - 10:39am

Another dazzling BLSBS that somehow magically exceeds the ADP employment report by over a million total "jobs". But, whatever. We've seen this all before and, with the frustration palpable, it seems a perfect time to rewind the clock thirteen weeks to the BLSBS Friday for June.

So what...

Thursday Conversation - Alasdair Macleod

Thursday, September 3, 2020 - 3:00pm

Our old friend, Alasdair Macleod of GoldMoney, stopped by today to discuss gold, inflation and central bank policy. On a day like today, where prices are being indiscriminately smashed, a podcast like this can be invaluable in helping you to maintain your focus upon The Big Picture.


Watching The Bond Market

Though it no longer looks like this...

Thursday, September 3, 2020 - 10:23am

As you know, it seems clear that The Fed has deployed a sort of de facto, covert Yield Curve Control ever since QE∞ was announced in late March. All that remains is a formal announcement that makes this policy overt and we may hear something about this as soon as the next FOMC late this month...

Two Discussions

Some free audio recorded earlier this week.

Thursday, September 3, 2020 - 9:24am

Here's some more FREE audio where we discuss the current situation while maintaining focus upon The Big Picture. Please have a listen and maybe forward this link to anyone who might be interested.

The first is with Kerry Lutz. This was recorded back on Monday and it was the usual, wide...

TFMR Podcast - Wednesday, September 2

Wednesday, September 2, 2020 - 4:37pm

Another day in AlgoHell produces a significant downdraft in both Comex digital metals. But tomorrow is another day and we're quite likely to fare much better as the we move to wrap up the week ahead of a three-day US market holiday weekend.

So, for today, a recitation of the day's BS...

Days Like This

Wednesday, September 2, 2020 - 11:00am

Mama said there'd be days like this and there's no denying that it's frustrating as hell to watch the algos trade Comex gold tick-for-tick with the POSX. But it is what it is and there's not much we can do about it so we might as well take stock again of The Big Picture and then head off to do...

TFMR Podcast - Tuesday, September 1

Tuesday, September 1, 2020 - 4:45pm

Your frustrated host is wrapping up his day a bit earlier than usual as he needs to take a break from the nonsense for a while.

For today, please be sure to read this link and thanks to "AGAU" for providing it:...

Still Oinking

And it can be excruciating to watch.

Tuesday, September 1, 2020 - 10:26am

The Comex digital metal trade remains all about The Pig today even though the calendar has flipped to September and the Summer Doldrums are coming to an end. But it is what it is so I guess we'll just have to deal with it.

For today, we were sailing along just fine as the POSX...

TFMR Podcast - Monday, August 31

Monday, August 31, 2020 - 5:31pm

The week begins with a sinking POSX and new ATHs in the TIP. However and as you already know, it's not how you begin the week that matters.

So for today, just a quick review of how and why the TIP might be making new all-time highs while Comex gold lags about $100 behind. From there a...

Month End Monday

Monday, August 31, 2020 - 10:46am

It's the last day of August and the Summer Doldrums officially end tomorrow. It may still technically be The Dog Days, but with the monthly charts about to be painted, there's certainly no shortage of stuff to write about.

And it's going to be a busy week, too. Today is a UK holiday so...