The KE Report, Released on 2/29/24
Craig Hemke, Founder and Editor of TF Metals Report, joins us for a wide-ranging discussing, starting out parsing the recent inflation data and market response. We contrast the US equity markets performance against interest rates and the dollar, and discuss if there has been a change in the “one universal chart” correlations that we’ve seen playing out the last few years. Next Craig provides his technical outlook on the gold price, in lieu of all the factors that should have been working against the monetary metal, and yet the continued underperformance of the gold stocks. We wrap up taking a look a silver still being stuck in a trading range, and what may break it out.
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.