TF Metals Report Blogs

Though Christmas is right around the corner, it feels a bit like November again as the smash last week has seemingly destroyed all upward momentum and sentiment in the Comex PMs. Can/will Jerry turn things around tomorrow?

Maybe this week will mirror last week. Instead of up early and...

The new week begins and it will be the final busy week of the year. All sorts of economic data is on tap as well as the December FOMC meeting. Can the Comex PMs paint green weekly candles and set the stage for a year-end, Santa Claus rally? Check back on Friday and we'll know! Until then,...

What an odd and frustrating week this has been for us. The first three days saw solid gains but the last two have been a disaster with all of those gains lost and flipping the weekly candles into the red. What does it mean, if anything? Not much, really, other than another affirmation that The...

After three days of solid gains based upon supply and delivery concerns, the Comex PMs are being smashed backward today as The Banks attempt to paint outsized reversal candles onto the daily charts and regain some of the control and downward momentum that they'd lost since last week.

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I'm going to be unavailable most of the morning so here's a new thread for you to work with. As the morning progresses, I should be able to add the CPI data, headlines and some charts into the comments section.

For your watching and reading pleasure, here are two items I completed back...

We noted yesterday the wall of spoofs and other orders at $2700 Feb25 CDG. That wall continue to hold and cap price overnight. However and somewhat amazingly, the wall failed on Comex and now CDG is back trading above $2700 for the first time since the beatdown of Monday, November 25.

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The best part of the week ahead is that it precedes the December FOMC meeting, which is slated for next Tuesday and Wednesday. That means that this week begins the "quiet period", where all Goons go into media seclusion ahead of the meeting. Yay us!!

Not that it's going to be a quiet...

Another useless BLSBS. Another excuse to smash the Comex PMs. Pretty tough to care anymore when you know the script and you've seen the movie so many times before.

I don't know. Where do we even start? With the headline number, I guess, because that's all that matters in our current...

We made it through Jerry's "discussion" yesterday mostly unscathed. However, one throw away line of his dissertation is seemingly having an impact still today.

It wasn't the "US economy is strong" stuff he usually spouts. Yes, the POSX rallied for a few minutes but most reasonable...

A string of dismal economic data has led to a reversal in the POSX and a surge in the Comex PMs. Is this a trend that can continue through Friday's BLSBS? Maybe. For today, let's just enjoy the green on our screens.

The dismality began at 8:15 ET today with the latest ADP jobs report....