The end of the Great Keynesian Experiment is upon us. Turd Ferguson and his band of loyal Turdites patrol this Watchtower. We are here to help each other navigate the coming economic chaos. However, no one can predict every eventuality, so please read the disclaimer and community guidelines before proceeding.

TFMR Podcast - Tuesday, March 31

The end of the first quarter brings some remarkable price shenanigans as gold closes down a whopping $1 for the quarter and silver gains 99.9¢. I kid you not. Isn't that incredible?!?

It's All About That Yen

As the first quarter of 2015 draws to a close, let's take inventory of where we stand and then let's see if we notice anything interesting.

TFMR Podcast - Monday, March 30

It's contract expiration and the end of the quarter...and gold is being sold off. There's a surprise! To help keep you grounded, Turd spend some time today reminding everyone why we all hold physical precious metal in the first place.

Under Pressure Into Expiration

As is usually the case, gold is down this morning ahead of today's April contract expiration and First Notice Day tomorrow. So far, though, take heart in seeing support hold right where you'd expect.

Discussing the Shanghai Cooperation Organization

Last week, Alasdair Macleod, Dave Kranzler and I joined Rory Hall of The Daily Coin to discuss the Shanghai Cooperation Organization (SCO) and the new Asian Infrastructure Investment Bank (AIIB).

Guest Post: "The Real Reason The American Dream is Unraveling", by Jim Quinn

This excellent exposé from Jim Quinn was written a week ago but I thought it would serve as a good discussion point this weekend.

TFMR Podcast - Friday, March 27

The expiration shenanigans continued all day, only to be exacerbated by a late day speech by Mother Fellen in San Francisco. Though many "analysts" seem to think that this all foreshadows a renewed move lower, Ole Turd isn't in agreement. This podcast will explain the reasons why prices will continue to drift higher, not lower, in the days ahead.

More Expiration Shenanigans

After yesterday's ridiculously managed option expiration, we must now deal with the usual fun-and-games that surround delivery month contract expiration. The April gold futures contract will expire on Monday and then trade First Notice on Tuesday, this means that today and early next week will see continued volatility as The Snakes attempt to game the market to their advantage.

A2A with Andy Hoffman of Miles Franklin

With all that's going on in the world, I though it was the perfect time to bring back Andy Hoffman as our weekly webinar guest.

<Note that this podcast is now public. You should listen to it.>

April Gold Option Expiration

Today's the day. On the Comex close at 1:30 EDT, April gold options will expire. Anyone looking at the open interest late last week could clearly see that the "sweet spot" of minimum pain for The Banks was near $1200. Gee, where is price this morning?

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