TFMR Podcast - Friday, January 18

Friday, January 18, 2019 - 5:18pm

It's time to call it a week and attempt to enjoy a 3-day, US market holiday weekend. But before we do, it's time to take stock of how things have gone awry in early 2019 and assess whether or not our plans for a great year remain intact.

So, for today, just a general discussion of the...

The Slam Cometh

The Forces of Darkness continue their evil ways.

Friday, January 18, 2019 - 10:45am

After issuing over 100,000 new Comex gold contracts in the past month and painting a pennant onto the charts, is it any surprise that CDG has been slammed $10 lower today?

Now, keep in mind that price bottomed at $1278 two weeks ago today following the latest BLSBS fiasco. And also...

TFMR Podcast - Thursday, January 17

Thursday, January 17, 2019 - 5:14pm

It was another challenging day of price suppression and open interest creation. Though there haven't been many upticks this week, perhaps we can find a few tomorrow and finish the week in the green?

For today, a lengthy general discussion and then a look at these charts:...

Marching Along

What's another couple thousand more Comex contracts between friends?

Thursday, January 17, 2019 - 9:26am

It's another day in the barrel for us as the Comex metals are forcibly stuck in neutral. However, have you seen palladium today? Yes, it has fallen back from its earlier highs but it continues to soar as physical supply pressures increase.

So let's start there. Again, this is NOT about...

TFMR Podcast - Wednesday, January 16

Wednesday, January 16, 2019 - 6:25pm

Today we discuss again the fraud of The Banks and their digital derivative pricing scheme that allows them to create 323 metric tonnes of digital gold from nothing over a period of 30 days.

And how much gold is 323 metric tonnes? The same amount as the reported holdings of Saudi or...

Three Years of "Russiagate"

Another essential update on The New Cold War

Wednesday, January 16, 2019 - 11:54am

John Batchelor and Professor Cohen recorded another excellent discussion again last evening and they update us on the futility and hysteria of the continuing "Russiagate" investigation. Keep in mind that we are now nearing three full years of allegations and innuendo yet there is still no...

All Aboard The Palladium Express

Might it become a runaway and crush The Banks?

Wednesday, January 16, 2019 - 11:16am

As palladium make another new alltime high today, I though it would be fun to review the situation and what it might mean for us.

First, let's start with the chart and the board. By now you know of the extreme lease rates being charged in London for anyone in immediate need of physical...

TFMR Podcast - Tuesday, January 15

Tuesday, January 15, 2019 - 5:07pm

If you're new to TFMR or simply in need of a reminder, please take the time to listen to this podcast today as we review again our history of dealing with price manipulation and the CFTC.

The biggest news of the day was the failure of the Brexit vote in parliament. This may ultimately...

Getting Angry

Some days are worse than others.

Tuesday, January 15, 2019 - 11:00am

As you know, every once in a while your kind and gracious host gets a little...shall we say, frustrated? the bullshit nonsense of the Comex. Today is one of those days.

So we actually began the day without a NEEEE Rule opening slam on the Comex. This was the first time since last...

TFMR Podcast - Monday, January 14

Monday, January 14, 2019 - 5:34pm

The week begins with another enforcement of The Banks' NEEEE Rule...which has now been applied for four of the past six days. But, whatever. We'll soon be moving forward again and today we discuss some items that will impact us the rest of this week.

We begin with a general discussion...

2010 + 9

A guide to 2019 and beyond.

Monday, January 14, 2019 - 9:22am

For each of the past several years, we've written January posts that helped to serve as a road map for the year ahead. Though crystal ball-gazing is an inexact science, on balance we've done a pretty good job with these forecasts. As 2019 dawns, we thought we should give it another try today...

Thursday (Friday) Conversation - Dave Collum

A look back at 2018 and a look ahead into 2019.

Friday, January 11, 2019 - 3:01pm

It's with great pleasure that we introduce a new guest to TFMR, Dr. Dave Collum of Cornell University. Though Dave is professor of organic chemistry by day, he's also a terrific analyst and commentator regarding the global financial system. His annual "Year In Review" column is always a must...

Bull Market Games

The Banks are up to their usual tricks.

Friday, January 11, 2019 - 10:59am

The new day dawns with the Comex metals trading in much the same manner as they have for the past few weeks...with the regular imposition of the Never, Ever, Ever, Ever, Ever Rule.

If you're new to TFMR, perhaps you're unaware of the "NEEEE Rule". No, it's not named after legendary...

An Update on OneGold

Why fool around with GLD and SLV when OneGold is available?

Thursday, January 10, 2019 - 3:17pm

Here's another weapon in the fight against The Banks and a great alternative to GLD and SLV. Not only that, it's a great way to accumulate and stack physical precious metal!

Earlier this week, I jumped at the opportunity to record this update with Ken Lewis, CEO of APMEX. Why? Because...

The Banks Fight At $15.80

Get ready. It's going to be like this all year.

Thursday, January 10, 2019 - 10:45am

This is so freaking obvious and ridiculous that I thought it deserved its own post. What's even more ridiculous is the amount of shills and charlatans who still publicly cling to the silly notion that the Comex silver market is a free and fair marketplace for physical price discovery.


TFMR Podcast - Wednesday, January 9

Wednesday, January 9, 2019 - 5:50pm

Today's theme is "I Survived The FOMC Minutes of 1/9/19". The minutes were perceived to be "dovish" by talking heads, pundits and sell-side analysts everywhere. This led to a late-day surge in both Comex metals and now we just hope for some follow-through tomorrow and into the weekly close....

JBSFC Begin 2019

A full update on The New Cold War as 2019 begins.

Wednesday, January 9, 2019 - 2:22pm

Our friends John Batchelor and Professor Stephen F. Cohen kicked off the new year last evening with their first podcast of 2019. We've been diligently posting these weekly discussions for nearly five years now and we will continue to post them for as long as John and Steve continue to record...

Ahead Of The Minutes

A great start to the day but beware the Fed reversal two-step.

Wednesday, January 9, 2019 - 10:28am

The "stock market" is up 10% sonce the arrival of the PPT on December 26. It's up 5% since CGP gave his speech in Atlanta last Friday. Therefore, what to expect when the minutes of the December FOMC are finally released at 2:00 pm EST today? Are CDG and CDS being allowed to rise only so they...

TFMR Podcast - Tuesday, January 8

Tuesday, January 8, 2019 - 4:44pm

The week thus far is a wash. However, that will rapidly change tomorrow and through Friday with the FOMC minutes, a speech by CGP and the release of the December CPI.

For today, we simply bring you up-to-speed on the events of the day and then discuss these seven charts in order:...

An Eye On The Yuan-Gold "Peg"

It's time for an update and a reconsideration.

Tuesday, January 8, 2019 - 11:02am

No, we haven't forgotten about this issue in the excitement of the year-end and Q1 rally. There has just been a lot of other stuff to discuss. So today let's take a minute to revisit the "peg" and see if it still holds relevance.

Again, we wrote about this repeatedly in the second half...

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Key Economic Events Week of 1/21

1/22 10:00 ET Existing Home Sales
1/24 9:45 ET Markit Manu and Svc PMI
1/24 10:00 ET Leading Econ Indicators
1/25 8:30 ET Durable Goods
1/25 10:00 ET New Home Sales

Key Economic Events Week of 1/14

1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.

Key Economic Events Week of 1/7

1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes 
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI