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...

With TF 16 Comments | 7 Likes It was a very positive day for the Comex PMs and the mining shares. The gains weren't unusually large but prices rallied despite the hotter than expected PPI data. This sets up a day tomorrow that has great potential if...IF...we can get a break with CPI at 8:30 ET. But of course, it's impossible to predict what...

By TF 16 Comments | 10 Likes Our friends are back with another excellent guest post to start your day. I'll add some thoughts on the PPI and other information to the comments section but, for today, here's something different to consider. FISCAL NON-CONFORMITY IN THE ERA OF FINANCIAL LASSITUDE, by AGXIIK and Renozep In case anyone forgot...

With TF 10 Comments | 8 Likes It was a stupid day and one that certainly felt like a couple others that we've seen over the past few weeks. In checking the charts, it looked like a few others, too, so let's talk about that today and then prepare for a whole bunch of volatility over the next few days. For today, a summary of the day and how...