TF Metals Report - Gold, silver, currency and commodities coverage.
With TF 19 Comments | 6 Likes As you know, I'm currently traveling to a special event with old friends that will be held over the weekend. Therefore, there won't be time today to record your usual Friday wrap-up. With that in mind, I called up DenverDave on Thursday and got his thoughts on the current state of the precious metals and the mining...
By TF 31 Comments | 9 Likes Could we be set for a breakout weekly close in Comex Digital Silver? If we get that breakout, what might follow next week? Those are questions to consider as we go through the day. As I type, it's about 7:30 ET and we are still about an hour away from the Comex open. However, it has been a positive overnight with...
With TF 13 Comments | 8 Likes It was an interesting and noteworthy day...not so much for what did happen as for what didn't. And so now we head into Friday and the weekly close, very curious to see where prices end up, particularly in Comex and spot silver. We start again today, though, with copper. This is a very interesting situation and...
By TF 14 Comments | 8 Likes It has been quite a pair of days in the midweek. Both PPI and CPI loomed and any fresh surge of inflation had the potential to knock back Comex PM prices. Instead, we got strong rallies and healthy gains. Which leads us to today...and a breather. We need a day to consolidate those gains and digest all of the news...
With TF 17 Comments | 12 Likes 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...
By TF 27 Comments | 13 Likes In last night's podcast, I promised you a very busy and volatile day ahead. And here we are. So far, the volatility has been mostly to our benefit but the day is young so don't go taking anything for granted. Let's see, where the heck do we start. How about something different? Copper. As you know, we've been...