TFMR Podcast - Friday, October 16

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There can be little doubt that The Banks are once again preparing to smash the paper prices of gold and silver. To that end and to spread the word, this podcast has been made a FREE PUBLIC THREAD. Please, I urge you to take the time to listen to this over the weekend.

For today, we begin with a discussion of the two charts below. Here you can see a clear and present price manipulation designed to reset price lower and below the 200-day moving average before trading resumes on Sunday:

From there we take a few moments to discuss the long-term picture for the yen and the miners:

But the majority of the discussion centers upon the fraudulent, borderline criminal processes of The Comex. During the Commitment of Traders week (10/7--10/13), prices were restricted and capped as The Banks dumped longs and added shorts in order to meet new Speculator demand. This was sickeningly exaggerated this past Wednesday and Thursday as the metals finally surged through their respective moving averages. The case can be made that The Cartel Banks added over 22,000 new gold shorts as well as 6,000 new paper shorts.

Consider the following:

By creating 22,500 new contracts in just two days...almost all of them used to take a short position versus a new Speculator long...The Banks created new paper obligations for 2,250,000 ounces of "gold". The entire Comex vault structure only holds 6,704,000 ounces. So, in order to smother momentum and contain price, The Banks effectively shorted 1/3 of the entire Comex Vault in just two days.

How is this fair? How is this even legal??

And now prices are set up to get smashed again. By reviewing the latest Commitment of Traders report ( and comparing it to historical data, it's easy and logical to conclude that another coordinated, manipulative, Cartel Bank-driven price smash is right around the corner...perhaps beginning as soon as Monday. See these charts for reference:

I hope you have a safe and relaxing weekend. However, please be sure that you're mentally and financially prepared for what next week may likely bring.


p.s. We record these podcasts nearly every day for Vault subscribers. Details on how to subscribe can be found here:


ArtL's picture

Thanks for all your work, Craig

I sold my USLV this morning and then went to the gun range and practiced with my competition pistols.  Ammo is sure expensive when you are talking about good 22LR. Good thing I made a lot this week with USLV.

ArtL's picture


2 (fat finger - getting 1 made me click twice!)

Marchas45's picture

Lets See


Stu's picture

History Rhymes

History is Rhyming!

WWI was not simply caused by the assassination of the Archduke of Austria but rather by a plethora of factors that were occurring in the same timeline. History is rhyming once again.

Such is the same today, with all things being engineered ad nausaum. Whether it is political, geo, social, financial, or even historical; we must consider what has and is occurring in Ukraine, Syria, Iraq, China, and of course Russia.

If you don’t do things the way the US government wants it done, you will either discover a failed State via your overthrown government by means of a “black ops” movement or you may become the victim of a weather event such as the “rain cannons” that just hit our very own South Carolina in our very own USSofA. What does that tell us when the US government is attacking its own citizens and trying to divide and conquer us?  The event occurred where the Church murders occurred near Charlestown. Does Nazi Germany come to mind?

I’m am not a big Doug Casey fan because of how he got started and because it seems he can never ever get enough. But he did put out an excellent piece on guns and survival—for the most part.

“It's an interesting observation that as a practical matter, society is better off if gun ownership is widespread, but that has nothing to do with the moral imperative: human beings have the right to defend themselves, their loved ones, and their property. And when you deny that right by law – it may sound clichéd, but it's true that when guns are outlawed, only outlaws will have guns. A system that ensures that only the predators among us have the best weapons is one that's asking for mass-produced tragedy.” DC

If they ever get our guns we are all dead men and women. Make no mistake—“out of my cold dead hands”.  All these mass murders, these horrible events; from Columbine to Sandyhook, to Oregon to Charelston are Psye Ops. They are drug induced and mind controlled events. They are a means to turn Public Opinion just like 9.11 was a means – a vehicle to propel the war on terror forward. Millions of lives later and millions more homeless and displaced, we learn that 1/10 % own 90 % of the world’s resources. That’s sounds fair!

There are a plethora of dangerous hot spots all over the globe and the US seems to be in the middle of all of them. It has been that way for a dozen years and it is building to a crescendo that I believe will begin to crest next week like a giant wave. It will come crashing down on us and you will not be counting your gold and silver—you will be counting your 9mm’s, your 308’s and your 357’s along with gallons of water, your 2x 4s and your food supplies. Then it gets real.

This has been a long process and we still have a ways to go. Hopefully we will have time to prepare even more. But its going to be about STUFF! But the worm can turn quickly and it can turn slowly. In today’s world of Nano-seconds, it will turn quickly.

The shooting down of the planes and accusing Russia of the horrendous acts—the sanctions on every State, because we are soooo exceptional and we have the right to be judge, jury, and executioner —it is planned fiction.  Of course, we stole 45 Trillion dollars from our own citizens during the on going Fraudclosure gate and yet no banker or affiliate goes to jail.  We have a Predatory government and an even more Predatory and corrupt Congress.

What we must realize is that there is no difference between the two political parties. Until we come up with a way to dissolve this corrupt system controlled by the corruptions, we the people will be targeted and eventually herded into FEMA camps. Unless we fight back all the gold in the world will not protect you.

Those who believe they can live peaceably on the edge or in the country while their fellow citizens are harassed, dumbed down, and eventually killed by either the government or marauding gangs are sorely mistaken. “You might ignore reality, but you cannot ignore the consequences of ignoring reality. Ayn Rand

Then there is the Libor Scandal, the HFT scandal, the fraudclosure scandal, and of course the Benghazi scandal wherein four of our Foreign Staff, including a US Ambassador (Stevens) were deliberately murdered because they knew too much about the “gun-running” in Libya. And by the by there were no WMD in Iraq, SH never gassed the Kurds (Black Ops), And Syria’s Assad never gassed or barrel bombed his own people. They went to that playbook once too often. Do you see any similarities in those gassing events? Its called propaganda in order to create demonize and create regime change – much like in the Ukraine and the sniping at Donetsk.

Today was Option Expirations.  Lets follow that with a follow by Tyler and the gang:

Which takes us back to Mr. Hemke’s excellent piece on the “Candle of Hope” and the S & P @ the 2020-2040 range.  We’re getting close.

Charting, and technical analysis (TA), in end game, are only as valid as the geopolitical and historical events supporting them. Those end games are now coming to a close. Chaos and War will soon be upon us.

But what we must remember that nothing occurs in a vacuum and the last 25 years has been a plan “by design and implemented over time”.

I’ve mentioned as the quintessential piece on 9.11. If that doesn’t convince you that the entire fiasco revolving around the takedown of those two monuments of American Capitalism was an inside job, nothing will. That was the video initiated by the loved ones of the first responders who lost their lives that fateful day. There was no agenda other than to get to the truth.

I’ve repeatedly mentioned . While I believe that Dane Wigington has squandered his platform to spread the message that this practice is the most egregious and hateful attack on the planet and its inhabitants in the history of mankind, I still have to give him credit for having the courage to expose what has been happening right before our eyes. I call it Auschwitz x10. I am beyond certain it is causing the drought in California and Brown, Feinstein, et al, are fully cognizant of it. They go along or they die. is by far and away a more accomplished platform for presenting messages and solutions to the problems facing us all—including geo-engineering. It is helping to pave the way towards galvanizing people towards action.

There is an old saying that all politics are local or they begin at a local level. If we as individuals do not wake up and do one thing, we are lost as a people; as a Nation. We need at least 15-20% of the American people to become involved. We all need to dop one thing—to take one Action. Is it in you?

Europe is currently losing its identify because the US threw them under the bus. Seven countries in five years was part of the Wolfowitz Doctrine. Believe me when I tell you that the US foreign Policy wonks knew exactly what they were doing in Syria, Ukraine, and in Libya when they used black ops to overthrow the Status Quo in those states. They’ve been doing the exact same thing for 45 years in many sovereign countries and getting away with it—until now.

What will now happen, only with more of a vengeance, is that the US government will turn on us and eat its young. That would be us if we allow it. They are already devouring the middle class and turning our children into mindless robots via vaccines and media propaganda.

This is what will occur when the US takes in 100,00 Syrian Refugees without vetting them.

And Finally, Greg Hunter always has some interesting people on. I’ve had some serious disagreements with Rick over the years, but this time—props to the guy and a great interview.

Financial Collapse to Wipe away all the Lies. Now that’s a Headline.

What the hey, one more, go to and listen to Santa Claus one more time with his August interview with Greg. I did, and learned much more than the first time around. Pay particular attention to Jim’s “silver is gold on steroids” comment; and how it goes right over Greg Hunter’s head like a comet—whoosh! Sinclair is a gift.  

And while you’re there—listen to Bill Holter as he too, is a man among men!

Remember, there are some things more valuable than gold. Our freedom is first among them and freedom is never free.

Turd Ferguson's picture

And if you want more...


This was recorded late yesterday. You might give it a listen. (The first commenter can bite me, however. What a DB.)

Turd Ferguson's picture

Speaking of shams, charades and frauds


The latest movement of "gold" within the GLD "inventory":

DATE            TOTAL MTS

Oct 13                    687.20

Oct 14                    694.94

Oct 15                    700.00

Oct 16                    693.75

No, seriously, I'm sure this is all perfectly legit and on the up-and-up. Why wouldn't you think that seven metric tonnes would be shipped around on a daily basis? Of course, that's only about three of these. What's the big deal? No logistical problem at all....<>

heathbr's picture


To the freakin weekend! And a close above the 200 dma

bim jeam's picture


Most excellent podcast, you never disappoint!

Swineflogger's picture

Top Ten - ish

Lost count. Still trying to process Marchas locking in 3rd  WTF?

EDIT: @Stu: very well stitched informative opinion piece  Thanks  

McFly's picture

I wouldn't mind one final

I wouldn't mind one final smash. I'm at about 98.5% of my intended stack size, and so a few more small buys should complete it. Then we'll see if I can actually stop buying this stuff!

lakedweller2's picture


Been out of the country in Mexico. We were in the town square, in front of a major church in the area, when a young couple walked by, arm in arm, and approached the church door. My wife's brother asked if we had read the wording on the male's T Shirt, which I had not noticed. Speaking of "words" that would not appear on this site...they were directed toward Trump and his comments concerning his thoughtless statements.  I have traveled somewhat during my military career...

I have never seen this negativity. Is it now world wide?  Who is nation building, doing preemptive strikes, banking destruction, and indiscriminate drone kills.  Never thought US elected officials could turn into the slime of the world.  Much less unelected want-to-  bees .

JackPutter's picture

Thanks for the Podcast and

An event that I found on Silver for the People, Bother John's website led me to this;

"John Brennan, the “Naked American Hero” who took off all his clothes at a TSA checkpoint at the Portland, Oregon, airport to show that he wasn’t carrying any weapons or explosives and in protest of the TSA’s practices, has finally gotten a chance to defend himself in court after more than three years of legal and administrative water torture."

I'm going to donate before viewing, or listening to anything else.

canary's picture

What if...

...USD/JPY gets sold (for whatever reason), will the cartel still be able to do it?.........Or they just hit gold/silver/miners (no metter what) and this itself elevate USD?

canary's picture

What if...

...USD/JPY gets sold (for whatever reason), will the cartel still be able to do it?.........Or they just hit gold/silver/miners (no matter what) and this itself elevate USD?

lakedweller2's picture

What Will They Do

How big is the slush fund for the big as they need.  Just a computer with total access to any market they want, without regulation.

bikerdoc's picture


Do you think I have stacked enough of this stuff?  

JackPutter's picture

John Brennan's defense fund

website didn't work for me.  So I sent an email to his attorney's office. Here;

JackPutter's picture

@bikerdoc Can you make that

pile into more of a cube for me?  It would appease my senibilities if you did. :)

chocolatechiphorses's picture

Cool 10 oz Cube

10oz Cube - Click Image to Close

I know they have a higher premium, I am just sharing some cool new Silver products.

Dr Jerome's picture



You need more.

I see quite a bit of room in that garage that is just begging for more metal.

If it doesn't fall out when you open the door, you need more.

Joseph Warren's picture

U.S. Aircraft Carrier Positioning - WTF ?

Pardon me if this was already linked to somewhere else, but this could be a very Big Deal if accurate. Something very historical could be happening in the world -

Why not the usual saber rattling ?  Does the US Navy know something theyre not telling us ?

lakedweller2's picture

Can Not Explain It But

But...why do we want the security of the US to be put in jeopardy when one of the few purposes of government is to "DEFEND THE  PEOPLE".  Does not compute.

Edit: preemptive action presupposes you have the foresight to know what can not be proven. ...further edit: in advance.  Self fulling prophesy  action by an intentional act is not decfense.

ReachWest's picture

CVN-76 & CVN-71

If that Carrier group map is accurate.. It would appear that 76 group is in the South China Sea and that 71 group appears to be heading in that direction. Wonder what the Chinese are thinking? Especially after all the chatter about those new islands that China has created. Hmmm.

I also note that this particular map appears to be different than the one Stratfor published a day or two ago.

WWIII could break out and Gold would go down. [/sarc]

Here is the other location map. It shows 76 in Japan.

BIGNASTY's picture

Market voodoo........................

My favorite(short) Live performance of this song.............

Doing Texas proud!

Markedtofuture's picture

Allied Nevada Shareholders are fighting back

This is a very small sampling of  events that have transpired thus far...

A shareholder that appeared at the September 11, 2015 court hearing, received an emailed  death threat just before that hearing.  Why would someone email a death threat before a court hearing?

Some voted No to the restructure plan, while telling shareholders to vote Yes to restructure plan (see page 10 of 63 .Doc 1102-1). 

Motion To Appoint An Examiner : see docket 819...denied

Objection by Equity Committee Of Shareholders To Appoint An Examiner???: see docket 961

Motion For Standing To Prosecute: see docket 1049 ...denied

Scotiabank Capital Inc. has been retained as financial advisor by Allied Nevada Gold Corp with respect to Hycroft Mill Expansion Dec 2014. see docket 1018 page 279 of 299 

Scotiabank assigns a $0.05 share price target on Allied Nevada shares. Dec. 2014. (see doc 1018 page 118 of 299) ... Looking for a partner for financing of the Hycroft Mill Expansion?

Allied Nevada shareholders paid approximately $20 million dollars in late 2014,  for a  study done for the Hycroft Mill Expansion. The report gave Allied Nevada a $1.8 billion valuation that was sort of whittled down to $250 million: See docket 1052 - Notice of Filing hycroft project NI 43-101 Technical Report

According to the CFO's legal statement in docket 1, the company has more than 1 billion assets.  In docket 1024, it stated that there are 260,000 ounces of gold on the heap leach pads as of July 8, 2015. The gold alone is worth north of $286 million. 10 million ounces of gold and 480 million silver ounces in the ground isn't worth much?

Allied Nevada shareholders are refusing to roll over and have decided to appeal.  For any Allied holders wanting to contribute to the cause, see link.

lakedweller2's picture

Allied Nevada

This appears to be  potentially a classic  class action fraud suit with a change of venue. Where is Cal Lawyer ... Probably overwhelmed with class action suits...

MiningJunkie's picture

No surprise re: COT

Read my GATA comments this week, Craig. You KNEW this would happen. They NEVER have to meet a margin call - it's THAT simple. Time for a quadruple on the rocks...


Safety Dan's picture

CVN-76 & CVN-71

My guess is they will cancel their ego pushing tour, or change it to a different week. See below:


Honestly, under Obama when was the last time the US has stood their ground? We pulled out of Iraq, downsized Afghanistan, pulled out of Benghazi. Trouble is brewing at home in the States with recession worry. 

Aircraft Carrier Locations

Aircraft Carrier Locations

If another President were in office, and the weather was cooperating, I would have my panties in a wad. Not today though!

Edit- I live in the Baguio area. My American business partner in Cebu area has noticed the extreme lack of rain fall in his region. 

From ZH article comments:

anachronism's pictureanachronism  Fri, 10/16/2015 - 13:52 | 6675852

"In conclusion ,we take one final look at the map up top, and ask if on its way back to San Diego the Roosevelt will be the ship that Obama uses to send China a message as he has threatened to do, by sailing around the contested islands in the South China Sea, a move which China has warned twice it will be forced to retaliate against. Recall that yesterday China's Global Times said that should Obama carry this out, it would be a "breach of China's bottom line".

"If the US encroaches on China's core interests, the Chinese military will stand up and use force to stop it," the paper warned.

In light of this upcoming showdown, one hopes that the USS Roosevelt won't be known in history as the second coming of the USS Maddox."

CHINA'S "NINE DASH LINE", which delineates the limits of its coastal claims in the South China Sea (and which encompasses almost all of that body of water), comes within 20 nautical miles of parts of the Philippines Malaysia and Indonesia. It is practically impossible not to infringe upon China's "territory" when traversing the South China Sea. There are various lines of importance used to determine a country's claims upon the sea. The two most important are 20 NM (approximately the limits of the visible horizon at sea), which is considered the "no-go" line for warships of another navy; and 200 NM, which is the limits of the "zone of economic interest".

As long as the US Navy sails more than 20 NM away from each of these Chinese islands, China can do nothing and claim that the US did not trespass within its territorial waters, while the US Navy can claim that they sailed within the waters claimed by China as its economic zone. I expect that most of the carrier group will sail well away from the islands; but that a destroyer or frigate will veer within the 20-mile zone -albeit briefly- just to make an appearance. I also expect that several Chinese naval vessels will be sailing within 3 miles of the US Navy as it passes through the South China Sea.

AIJ's picture

Bitcoin Part II

"... in bitcoin (whose total market cap at last check was just over $3 billion), sit back and watch as we witness the second coming of the bitcoin bubble, one which could make the previous all time highs in the digital currency, seems like a low print. "

lakedweller2's picture

@safety Dan

"When is the last time they stood their ground".  Just confused but where is their ground?  There are only so many stars in the flag.  There are a whole lot of countries that have nukes. Why are we only standing our ground against the ones that don't.   Why do we only stand our ground against those that are weak, or have oil, or don't have central banks, or try to be independent...I am confused. 

The oath includes: " all enemies ...foreign and DOMESTIC"...that is where the ground is.. Domestic.

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