Craig Hemke - Downward Pressure in Gold & Silver: Analyzing Support Levels, Earnings, and COT Data

In this Daily Editorial, Cory and Shad welcome back Craig Hemke, Founder and Editor of TF Metals Report. With precious metals and mining equities enduring steep corrections, Craig breaks down key price thresholds, market sentiment, and what macro events could dictate the next major move. Testing Critical Support Levels: Gold and silver are revisiting crucial summer baselines. Craig explores whether holding these zones is realistic or if an undercut-and-rally setup must play out first to flush out remaining weakness. Macro Catalysts on Deck: A stacked economic calendar features the October FOMC rate decision, post-meeting press conferences, and the Fed’s preferred inflation metric, the PCE deflator. Craig reviews expectations and how central bank rhetoric could shift market momentum. Mining Stocks vs. Physical Metals: Even as top producers deliver solid quarterly production and earnings, their shares face persistent selling. The conversation examines cost pressures, energy input headwinds, and the disconnect between sector fundamentals and equity prices. Contrarian Signals in Commodity Positioning: Drawing comparisons across uranium, critical minerals, and broader commodities, Craig discusses TFMR’s trading rules and highlights multi-year low hedge fund positioning in Comex silver. Click here to visit Craig’s website - TF Metals Report - https://www.tfmetalsreport.com/ For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer:This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.