The KE Report, Released on 9/10/24

Craig Hemke, Editor of TF Metals Report joins us for an in-depth analysis of the latest Commitment of Traders (CoT) report and fund positioning in the precious metals market. Craig elaborates on the current bullish trends observed in gold and silver, particularly focusing on the significant positions taken by large speculators and hedge funds. We discuss the importance of tracking CoT reports to understand market dynamics and historical trends, which can indicate future price movements. Craig also highlights the broader economic influences, such as global demand from Eastern countries, including China and India, and how these may affect precious metals prices. The discussion extends to the potential risks associated with large speculative positions and the outlook for silver in relation to gold. Additionally, we explore the implications of the upcoming Fed meeting and its potential impact on market momentum. Craig shares his perspectives on whether the anticipated rate cuts have been priced into the market and how these decisions could set the tone for the remainder of the year.

00:00 Macro Funds and Market Positioning
01:58 Historical Context and Market Trends
06:40 Global Market Dynamics and Eastern Demand
09:08 Silver Market Insights and Predictions
12:34 Upcoming FOMC Meeting and Rate Cut Speculations

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