TFMR Podcast – Friday, September 13

Well, I sure didn’t see that coming. However, I’m pretty sure no one saw a US deficit in August of $380,000,000,000. That cold slap led to a Keynesian reality check and Comex PMs were bid up to the weekly close.

And what a week it was! From last Friday’s Comex close to today’s Comex close, CDG is up $86 and CDS is up $2.88! Not to be outdone, stocks got in on the act too, with the GDX up $3.46 for the week or about 9.5%.

Of course, next week will bring its own set of challenges and we can’t be sure…