TFMR Podcast - Friday, May 29

An unchanged silver CoT and another pending BLSBS Friday sets up a very interesting week next. Be sure you listen to this podcast in preparation.

Still Veering Toward Recession

As we've been writing about for weeks, the US economy continues to veer toward recession. With today's revision of Q1 GDP to negative, all it will take is a negative print for Q2 and we'll officially have one. And now you know why The Fed is so emphatic about having BEA begin doubling the seasonal adjustments!

A2A with Alasdair Macleod of GoldMoney

Great stuff here from Alasdair Macleod. Not only does Alasdair explain how and why he came to the conclusion that China has accumulated a minimum of 30,000 metric tonnes of gold, he also shares his opinion of what they plan to do with it.

<Please note that this is now a public thread.>

Waiting Game

It's as if everything is just on hold. The metals were successfully beaten back in a $45 Spec wash/rinse cycle and now we wait. Wait for the GDP revision tomorrow. Wait for the Greek stuff next week. 

TFMR Podcast - Wednesday, May 27

We survived day one of contract and expiration and rollover but tomorrow will likely bring more volatility than today. Friday then brings us the first revision of the Q1 US GDP, a number many banks now peg near -0.5%. Could this prompt some dollar weakness and a bid for gold?

Another Important Batchelor-Cohen

As summer approaches, the efforts to contain Ukraine Crisis seem to be increasing. However, The War Party is also increasing its effort to spark a wider conflict. News coverage of this situation may be confined to the back pages of most MSM outlets but that definitely does NOT mean that you should stop paying attention to this very dangerous situation.

Historical Fact

As prices continue to wallow, I've at least found a couple of news items that are worthy of your attention.

TFMR Podcast - Tuesday, May 26

A lousy start to the week as Specs are fleeced yet again into June expirations. However, the rest of the week looks interesting, particularly for silver.

Chris Martenson on with Elijah Johnson

Frequent visitors to TFMR know that Chris Martenson has been a longtime friend of the site. His latest interview with Elijah Johnson is a must listen.

Easy Peasy

So, let's see. The Cartel Banks set a new one-week record for naked shorting, all in a vain attempt to contain gold below its 200-day moving average. Next, price is smashed to allow The Banks to cover these shorts back up and we're now down $40 from a week ago. Is it really this simple? Yes, it really is. Wash, rinse, repeat.

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