Koos the TV Star

Sat, Nov 1, 2014 - 7:57pm

Last week, our pal Koos Jansen was a featured guest on the German financial TV network, DAF. As the algo-generated divide between physical demand and paper price widens by the day, this video is a must watch for everyone.

Koos now works for BullionStar.com and the original source link can be found here: https://www.bullionstar.com/blog/koos-jansen/china-will-utilize-gold-pri...

In this 12-minute interview, Koos discusses most of these points:

One note...The first 30 seconds or so are in German but the remainder of the interview is conducted in English.


About the Author

turd [at] tfmetalsreport [dot] com ()


Nov 1, 2014 - 11:53am

First Like KOOS!

Couldn't resist.

Nov 1, 2014 - 11:59am


now to watch

thanks for posting


Nov 1, 2014 - 12:12pm


Thanks for spreading my message Turd!

Nov 1, 2014 - 12:18pm


You're my hero, keep spreading the word my friend :-)

sierra skier
Nov 1, 2014 - 12:27pm

Caught this on your other

Caught this on your other post just now, thanks, Turd.

Koos, Thank You for sharing your knowledge and information with us here at TFMR.

Grey Mare
Nov 1, 2014 - 1:03pm

excellent interview

Good presentation and content. Are you single?

If so, I think Silver Sooner has some match-making to do,


Nov 1, 2014 - 1:31pm

Amazing how evident the truth is for those who have eyes to see.

And for the rank'n file citizen it's all is well in nuff, nuff, land, with headlines blaring in banners all across AmeriCON'd: STOCKS SET NEW RECORDS... Right on que for the mid term US elections.

Nov 1, 2014 - 1:44pm

Well My Question Is

How will the Japanese Currency situation effect the Chinese and World Gold Market and won't China be really hurt by the Japanese situation? Just looking for answers and thoughts. Keep Stacking

Nov 1, 2014 - 1:51pm
Nov 1, 2014 - 2:14pm

As the wealthwatchman pointed out in his latest alert to get

strapped in for more metals body blows, it doesn't hurt to level out the batterings with a carrot or two dangled. From cliff highs webot site: The data agrees with a lot of professional 'guts' in forecasting this current pressure on the prices of precious metals as being the [last gasp]. Further our data continues to forecast that the [metal suppression effort] will [collapse] on or after [mid november] as the [monetization (of debt)] reaches what the data describes as [totality (of consumption)]. At that point the [price of gold] is shown as [rising] more than [200/two hundred dollars] in a single move that is [against] the [dwindling pressure] of the [oppressors] in a day that will be felt as a [heart attack] and [chaotic fever] on [wall stree]. (10/31/2014) https://www.halfpasthuman.com/

Sure we've all been inundated with smoke blowing sunshine up our pant legs; skirts. Metals to the moon and your head plunged under water once again. Lets face it though for humans the finality, has an uplifting effect on some to just keep on keeping on. Where others who cannot see the shore give it up and cave in to a never ending grueling miles and miles of the same old; same old, failing in exhaustion when they were so close to a gold metal finish. 

All fogged in and many who tried to initially swim the English channel gave up with no end or unable to see the distant shore. One within 200 yards but was so wrung out in the struggle, seeing no end gave it up, yards away from a solid land gold metal record setting finish. Sure! Someone who has trained in the battle, knows about the extra mile cause that's where the finish line is for winners(Our wealthwatchman reality check). How about the average individual who has now purchased physical silver or gold from the top on down. Tell them there's no end in sight and you'll have 95% hand over their stack. Lets not hype the deck and stack it with aces every week but lets not forget we've been dealt some shit awful hands the lasts 3 and one half years. Now who's got the deck on an odds basis of getting dealt one royal flush and take it all in. After so many garbage hands dealt by the ones stacking the deck, no wonder many in the fray can see there's something about to change. A different deck called for. Some players leaving the table while flush with profit. Some criminal players falling over dead, seeing the calamity created by stacking decks are now about to turn cheaters to ashes; an overnight crap storm for criminals in favor of physical metals stackers. It's coming folks and we're closer now than ever so keep stroking and take it out to the finish. It's not much farther, as I've been there; done it all before and never felt misfortune in stacking physical metals. Physical gold and silver in hand always win over fiat debt based currencies. ALWAYS! For those still in the paper chase and getting margined out in a rigged game, it will not end until every last bit of your capital to invest has been yanked through your nose, taking out all your brains with it. Sure some may recover and some do, to come back as physical stackers the only way every day bar none as myself. All through sad experience and if that's what it takes for some so be it and all the best to you upon gaining some more funds to be much more wiser with. For those massacred never to return, the wall street is strewn with the bleached white bones of those who never recovered from a financial disaster; buried under mountains of self pity as if only these had ever been pierced with such deep monetary wounds. This too will pass! Guaranteed. 

So It Goes
Nov 1, 2014 - 2:23pm

US Mint - random thought

I just emailed the US Mint.

"Please consider making a bullion version 90% silver Kennedy 1/2 dollar. In fact why don't you make bullion 1/2 dollars, 1/4 dollars, and dimes like you did pre-1964?

I bet they would fly off the shelves."

My guess is that there is not enough silver in the world if the mint tried to repopulate our coinage with "money" rather than currency.

BTW it is raining in So-Cal right now - YAY!

Nov 1, 2014 - 4:26pm

The derivatives anvil dangling above the global economy

I spent an evening with an old friend this week, a university roommate who has spent the last two decades trading, making, and analyzing derivatives. We hadn't ever discussed this topic. Instead, we've spent 30 years partying like teenagers always cramming in one last beer before staggering back to reality.

They didn't call it the 'derivatives' business when he started. They called it 'risk management'. They still do.

I laid out my amateur analysis of the data I've picked out of the reporting at OSFI and OCC, which is based on notional value in the absence of more insightful data. I'm a mathematician and we are both confident my analysis is accurate. He's a derivatives expert and we're both confident it was incomplete.

I learned a lot about the inability to infer risk from the notional value of a contract, or from its term. I've been trying for several years to figure out how to assess risk in terms of what's in the money, out of the money, or at the margins, and he assured me that it can't be discovered via public reporting.

I've been trying to understand how these contracts trigger interim collateralization, and more importantly how find that in the reporting.

He gave me tons of examples to illustrate the air-tight nature of these hedges, and how they are tuned along the way to maintain an equilibrium that maintains the stability of this massive market.

In other words, the strength of the cable holding the anvil over the head of the global economy is checked and preserved with every contract.

I convinced myself that he knows what he's talking about. This wasn't a surprise, and I'm hopeful he will continue to teach me details and help me learn more about the information sources. 

The notional value of these contracts, the 750 trillion or 1.5 quadrillion or whatever, appears to the traders to be absolutely meaningless.

My final question was (paraphrased), "What if there is a sudden, violent swing in any of the underlying instruments? You know, rate swings, defaults, etc."

He said (paraphrased), "There can't be. There can never be. It's almost impossible to consider ring-fencing the risk around a large counter-party."

In other words, the notional value can be equated to the size of the anvil as we often discuss on these boards. 

The cable, however, is incredibly brittle. 

I kept saying the word "brittle" and the look of hollow death in his eyes told me all I needed to know. 

Notional value is indeed a big deal, and it's worth checking on the anvil-shaped shadow every now and again.

Nov 1, 2014 - 5:04pm

Koez Djensen

The way the name of Koos Jansen as pronounced by Turd and other English speaking people would be written in Dutch as Koez Djensen. (FWIW haha! smiley )

Nov 1, 2014 - 5:13pm

Sorry Turd

Ameer Abdullah hurts knee, exits

Updated: November 1, 2014, 5:07 PM ET

LINCOLN, Neb. -- Heisman Trophy candidate Ameer Abdullah of Nebraska suffered a knee injury in the first quarter on Saturday against Purdue and is questionable to return.

The nation's leading rusher to enter the weekend, Abdullah was hurt while diving to recover a fumble at the Purdue 1-yard on a fourth-down fumble by Nebraska quarterback Tommy Armstrong Jr.

Abdullah was fitted with a sleeve over his left knee and returned for one possession, rushing once for a 5-yard loss. He then returned to the sideline as trainers applied ice to the knee.

Nebraska backups Imani Cross and Terrell Newby have shared time in Abdullah's absence.


Fred Hayek
Nov 1, 2014 - 5:58pm

A dutchman and a german speak to each other in english

Terrific interview. As Turd noted, Koos covered a lot of ground in 12 minutes.

But I'm struck by how ubiquitous english is as shown by the fact that an intelligent dutchman and an intelligent german converse in . . english.

Nov 1, 2014 - 6:15pm

Inspiring Koos...

Keep it up brother its amazing what you've started.

Nov 1, 2014 - 6:33pm

What to say...

All this China data and their gold strategy is all in my head, sometimes its difficult to decide how to present it to what audience. 

My next TV interview is lined up for a Dutch network. It will be about the global gold shift; more and more countries are paying attention to gold. It will cover the Swiss referendum, German gold repatriation, Russia buying, Turkish hybrid gold standard, India, China's frenzy buying, and why this is all happening ;-) Perhaps next time I can explain it more clear.

Thanks for all your supportive comments. Let's get the show on the road! 

Whitecastle123 @KoosJansen
Nov 1, 2014 - 7:06pm

Swiss referendum

if it does actually pass this month. Are the numbers 1500 mts. over 5 years they would need to buy ? Where the hell are they going to find it if all the hype on shortages are correct.

sierra skier
Nov 1, 2014 - 7:33pm

Koos, you obiviously have

Koos, you obiviously have such a solid foundation with this information that you can comfortably speak about it while self editing for the audience. You gave a wonderful presentation and enhance TF site with your sharing.

Looking forward to your next visit.

Nov 1, 2014 - 7:39pm
Nov 1, 2014 - 8:42pm


Interesting coincidence a few minutes ago Rickards interview said the same thing about gapping up and by the time the populace wanted in there wouldn't be any Gold for them to get..."Cheaply". Particularly like Rickards remarks about the SDR and his take on Deflation and money printing.


Cliff hasn't had a great track record when it comes to money and markets, with a lot of other prognostications his program has surprisingly accurate. Tweaking computer algos to expose future events can be tricky I am sure, maybe his code is slightly flawed financially because he doesn't understand the language. Cliff has admitted that the murky waters of investments and markets never seem to clear up with the silt settling on the bottom for him. Seeing as the markets are CODED due to algorithms being incorporated one has to wonder how much coding he is learning anymore. I wouldn't put any money on his words, I like Cliff and take him as a genuine person that cares for peoples well being but I'd stand back when he talks about markets.

Nov 1, 2014 - 8:55pm
Nov 1, 2014 - 9:09pm

@57Goldtop thanks for that post

Video unavailable

Seems there are far too many coincidences in what I am watching today. When Jim Rickards was talking in the interview he did mention Risk Management, a term that seems inocuous enough to me. Rickards also mentioned the Hedge fund crisis in 1998 with a book "When Genius Failed" tied into Risk Management and the failure of LTCM (Long Term Capital Management).

Synopsis: "Between 1994 and 1998, the fund showed a return on investment of more than 40% per annum. However, its enormously leveraged gamble with various forms of arbitrage involving more than $1 trillion went bad, and in one month, LTCM lost $1.9 billion. On the precipice of not only an American financial disaster, the fund's imminent collapse had significant international monetary implications, jeopardizing the financial system itself. Prompted by deep concerns about LTCM's thousands of derivative contracts, in order to avoid a panic by banks and investors worldwide, the Federal Reserve Bank of New York stepped in to organize a bailout with the various major banks at risk."

cliff 567
Nov 1, 2014 - 9:14pm


you talkin' about me?

Clif High uses one F

Nov 1, 2014 - 9:27pm

@KoosJansen Seriously! Seriously!

I can't believe your here posting. 

Confidence seems to be the game, USD, SDRs or Gold. Do you have an Idea of where the Chinese government stands on the subject of utilizing SDRs? 

As Jim Rickards noted in the above video no one understands Special Drawing Rights which makes me think these are in the same pool as the Derivative markets. If they are so complex then the management of SDRs can be fully utilized to undermine a Soveriegns ability to protect itself from manipulation within the SDR management community. 

Maybe you can work this into an interview.

Nov 1, 2014 - 9:30pm

Are yu High Cliff?

Nah brah, 'tis da man on de other side.

Putin DeSafe
Nov 1, 2014 - 9:56pm

Koos Jansen

Calm, sensible, rational, accurate. MMM you don't have much of a future in the media game. Seriously though, good stuff.

bullion only
Nov 1, 2014 - 10:44pm

Kool Jansen is what I call him.

Faster than a speeding bullet or a fast talking-talking head on cnbc, More powerful than a locomotive or accurate Chinese import numbers, Able to leap tall buildings and counter ridiculous arguments and media propaganda in a single bound. And who disguised as mild mannered, calm, sensible, rational, accurate Koos Jansen on TF...........It's Kool Jansen.

Nov 1, 2014 - 11:53pm

4000 Tonnes?

Thank you, Koos, very informative and clear interview.


TF, wrote;

"Chinese consumer gold demand in 2013 was 2,200 tonnes, not 1,100 tonnes as the Wold Gold Council states."

WGC, seems to have their numbers slightly off... [/Sarc]


TF, wrote;

"Only for consumer demand China net imported 1,500 tonnes in 2013."

"The best way to measure Chinese wholesale demand is by withdrawals from the Shanghai Gold Exchange vaults (SGE) – although this might change in the future."


How much gold is produced within China, are there any reliable numbers available?

Koos, you mentioned 4000 tonnes, this reserve seems to, if memory serves, to have been sort of an unofficial sum tossed about a couple of years ago, is this on the 'low end estimate' or fairly accurate in your view?

Thanks, Koos.

​ What an awesome site TF.

Kudos to All. 

Spartacus Rex
Nov 1, 2014 - 11:56pm


Best damned Saturday for Stacking in months!

And yet no mention by anyone herein yet of taking advantage of this gift horse for stacking their canoes, (not even Charlie?) go figure. 

Oh well.

OORAH & Thank you LORD for your Blessings and these amazing opportunities! laugh

Cheers, S. Rex 

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