TF Metals Report, Released on 9/16/21
As you can see, this dump in Comex gold (and many other commodities) began overnight and has accelerated today.
The idea of a "Fed taper" is not news to anyone so that's not it. My concern is that we may be seeing the first liquidations/margin calls of the Evergrande situation. pic.twitter.com/pJrGSC3eKH— TF Metals Report (@TFMetals) September 16, 2021
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.