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.

Guest Post: "The Veneer of Justice In A Kingdom of Crime", by John Titus

Late last week, our friend John Titus released his latest insightful video. This instant classic is not only a must watch, it's also a "must forward" to all of your friends and acquaintances. Rather than simply post the video by itself, we instead decided to reach out to John to give him the platform to personally introduce the video and give it the attention it deserves.

<Please be sure to note that this is a public thread.>

Bullion Bank Desperation and Motive

Ever since the ECB pronouncements of March 10, The Bullion Banks have been in full panic mode, desperate to cap and contain the 2016 rally before new highs are made. That this effort continues today should come as no surprise.

<Public post. Please read.>

TFMR Podcast - Friday, March 18

The week ends just as last week ended with The Banks desperately capping price by issuing new paper contracts to willing Spec buyers. Which side will win this tug-of-war?

Bank Desperation Continues

Just like last week, fundamentally positive news for gold has been met with massive short issuance by the Comex Banks. That price is down instead of up should come as no surprise as these Banks are intent upon rigging price lower in the short term.

TFMR Podcast - Thursday, March 17

A frustrating day as it's quite clear that the 500,000 contract open interest area is the point of maximum pain for The Banks. Just like last Thursday, yesterday saw a central bank release undeniably gold-bullish news. However, just like last Friday, today saw the Comex stoutly capped in an effort to prevent any and all upside follow through.

Stiff Competition

While it's very nice to see gold back above $1260, it's also quite clear that The Banks are intent upon slowing or stopping this rally, at any cost.

TFMR Podcast - Wednesday, March 16

Wow, what a crazy day! Mother Fellen cuts by half her rate cut projections and the metals and miners scream back higher. Once again it appears that the overall positives have thwarted the Bank attempts to drive prices back down. The key now is to make new highs? Can we get there or is this just a one day blip?

Pre-Fedline Open Thread

Not much to add this morning ahead of Mother's "Fedlines" at 2:00 pm EDT so here's an open thread to play around with while we wait.

Good News and Bad News

Another tremendous update last evening from Batchelor and Cohen.

TFMR Podcast - Tuesday, March 15

As Mother Fellen holds her bi-monthly Tea & Doily Party, just a brief podcast today as we prepare for The Fedlines tomorrow.

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