The KE Report, Released on 4/28/25

Craig Hemke, Founder and Editor of TF Metals Report, joins us to break down shifts in gold and silver market dynamics. Gold continues to trade around the $3,300 level with extreme daily volatility, yet Commitment of Traders (CoT) data is revealing highly unusual trends. Craig also shares his insights into whether banks and commercials are now positioning themselves for a long-term trend change in the gold market.

00:00 Commitment of Traders (CoT) Reports Analysis
03:32 Unusual Trends in Gold Trading
04:50 Commercials vs. Speculators: A Deep Dive
05:14 Impact of Central Bank Buying
05:49 The Changing Game in Gold Trading
07:39 Open Interest and Market Dynamics
12:48 Balancing COT Reports with ETF Inflows
17:13 Silver Market Analysis
19:55 Long-term Trends and Predictions for Silver

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

  Craig Hemke, gold, precious metals, silver