TFMR Podcast – Friday, July 1

The week mercifully draws to a close and now we have a three-day, US market holiday weekend to celebrate. But, before you do, please be sure to give this podcast a listen. The lows for Comex silver that we predicted back in early January were hit today and we need to summarize how we got here and where we’re headed.

I would imagine you already know what happened today. It was a early morning wipe-out with CDG falling to $1783 and CDS hitting $19.30. But then things got better and prices rallied all the way through the Globex close.

Next week brings more lousy US data,…