Into Year End With Gold And Silver

Please review this free, public post.

Mon, Dec 30, 2019 - 12:32pm

With just one, holiday-shortened day to go, it appears that Comex gold and silver will actually finish 2019 with "the best annual gains since 2010". That was a bold forecast when we made it back in January. That it has turned out correct brings more relief than satisfaction.

As we move to wrap up 2019, here's one last look at this year's primary guide. Recall that we had "The Generally Accepted Narrative" in 2017 and "The Three Themes" of 2018. This year, we expected the year to be similar to 2010 and laid it all out here:

What kind of gains were we expecting? Given the stout chart resistance at $1480-1520 gold and $20 silver, those levels seemed logical targets. While prices matched or exceeded those levels earlier than expected (in early September!), they subsequently fell back and left many folks scrambling and scared that a deep plunge was coming.

At TFMR, we held firm. We expected a low near $1440 in November and price got to $1445. We then expected a December rally and we've certainly seen that, too. The hope was that we could still finish the year in that $1480-1520 range...and here we are!

(Again, though, for your host this comes with more relief than satisfaction. After spending 5+ years with price below $1360, it was rather audacious to predict a sudden breakout in 2019. My trolls would have been relentless in their criticism had I been wrong...and I would have felt somewhat foolish, too. So, frankly, I'm just glad that the year is over.)

Next week, I plan to write up a lengthy "roadmap" post for 2020 and we'll make it public then. As you might imagine, I expect another good year for the Comex metals. No, it very likely will NOT be 2011+9. But extended gains in the metals will promote significant fiat-making opportunities for anyone wishing to play along and this will be a major focus in the months ahead.

For today, let's just take stock of where we are heading into the new year. For Comex Digital Gold, price is at the very top of our projected target. On the charts below, you can see the significance of the $1480-1520 price range...and you can also see the current Bank effort to cap price at $1520 into year end.

Of course, The Banks will continue to fight us every step of the way in 2020 and this will have an impact on the continuing rally. In just the past month alone, they've added over 100,000 additional contracts to the total contract supply (open interest). Through this more than 15% dilution in the supply of contracts, The Banks have been able to contain the price gain over the same time period to just 4%. Expect the non-constrained Banks to continue to create more contracts (taking the short side and feeding them to Spec longs) in 2020.

If you don't understand this process, please see this simple and straightforward explanation that we wrote in April of 2017:

Comex Digital Silver is also encountering stiff resistance near $18. Though a close at this level tomorrow pegs a 16% gain for 2019, we should all expect better performance in 2020. Again, we'll write about that next week but, for now, besting $18 and then $18.50 holds the key to a return to $20. From there, the next target will be $22. IF WE CAN GET ABOVE THERE in 2020, then the extremely difficult resistance of $26 will come into view.

In summary, 2019 was a very good year...provided you were a part of TFMR and NOT a part of the mind-numbed mainstream masses who listened to The Banks and their sycophant media...all of whom expected interest rate hikes and plunging gold in 2019. As 2020 begins, you're again being told that "all is well" and that "the Fed has things under control". However, all is NOT well and The Fed does NOT have things under control. Recognizing this will allow you to see some out-sized gains in 2020...if you plan ahead. Part of that planning should include membership at TFMR. You can learn more here:

Happy New Year to all. Rest now and relax. However, as the calendar flips, be prepared for a wild and volatile 2020.


About the Author

tfmetalsreport [at] gmail [dot] com ()


OrangeJ Siefert
Jan 1, 2020 - 6:52am


Nausea, diarrhea are indications that the mms is working. If you drink orange juice that will neutralize the mms and go back to fewer drops each time until you do not experience unpleasant symptoms. If you are treating a serious condition, then build up on the drops as you can.

I cannot remember exactly how many drops my father took, however lets say he went to four and then went back to 3, eventually building back up to 5 or 6.

I take 7 drops in one gulp usually once or twice a week as a preventative measure with no problems. When I first started, I had a regular stool and later rushed to the toilet with nearly black diarrhea, likely heavy metals leaving my system.

Lyme Disease testimonials

J SiefertOrange
Jan 1, 2020 - 6:06am


I had Lyme disease some years ago (had a red rash on my leg and a blood anti-body test came up positive). The doc. gave me 20 days of antibiotics which may have helped. Still I had diverse complaints like teeth becoming loose, one of which at the front (with a root-canal filling) eventually dropped out. I tried several of the alternative treatments available at the time including MMS. On MMS I got up to 18 drops per day but as time went on that caused increasing feelings of nausea so after a month or so I eventually stopped. Whether that helped or not I cannot say definitely but I have been free of Lyme symptoms now for several years.
My advise: Anyone trying MMS should take extreme care to follow the instructions very carefully.

Jan 1, 2020 - 5:28am


Humble on MMS “Bleach” Accusations

Hello, I am Jim Humble. I discovered Master Mineral Solution (MMS) back in 1997. I then spent several years studying the chemistry of MMS. Did you know that table salt that all of you use is more than 50% chlorine. If you find out that I am correct, does that mean that you will quit using table salt because chlorine is used in 98% of the world's bleach? Well, MMS is no more bleach than table salt.

I have 426 Ministers of Health bringing health to people in 72 different countries of the world using MMS. I am so sorry to say that all you Critics do with your efforts to convince people that MMS is bleach, is hurt hundreds of people and sentence them to great continued suffering or even death, that they could have otherwise avoided. All you have to do is to spend a little bit of time reading and studying chlorine dioxide, chlorine and bleach, instead of talking from total ignorance of the two subjects, MMS and bleach. They are not the same. Please, you hurt yourselves most of all.

The one thing that is evident with every single Critic on the internet is that not a single one of them ever check out MMS to see if it works. Not a single one of them understands or has checked the chemistry of MMS. More than 10 million people have tried MMS and there are thousands of testimonies on the internet that people just put there without being asked, plus, we have thousands of testimonies that we asked for. How could we fool millions of people and somehow not fool Mr. Critic. Is that how you look at it? You Critics were wrong from the very beginning, without checking a single thing, without checking the fact that the FDA has approved the use of chlorine dioxide (MMS) on food, without checking the chemistry of MMS in any way. Without checking any of the facts, you just add your opinion to all of the other negative opinions. The terrible thing about all the Critics is, they do what they accuse MMS of doing, they hurt people. MMS is not bleach and MMS is not about big bucks!

Yours in health and love,

Archbishop Jim Humble

Dec 31, 2019 - 3:48pm

Your Dad


I know nothing about alternative medicines, but your situation got me to thinking about this. The MMS treatment [recommended to you above] received a warning from the FDA that it is essentially a treatment by drinking bleach -- with all the negative consequences that entails! I would do a lot of "due diligence" before considering that route . . .

One treatment that worked for Stage 4 cancer was turkey tail mushroom extract. Paul Stamets, who is one of the foremost authorities on mushrooms, and has written 4 books on mycology, had this happen with his mother. The cancer had spread to her liver and she was given 3 months to live. You can read about her [successful] treatment here (start at the 9:00 mark):

Paul Stamets at TEDMED 2011

Praying for your dad and your family,


Dec 31, 2019 - 1:48pm

Great Story Mavens

Hopefully he won't have to suffer for long like some people in my family did.

Dec 31, 2019 - 1:37pm

Run The Machines when no one is around

Lean on price into and through the close on the final day of the year. Maybe back below $1520 by the Globex close? What a sham.

And this effort to protect $18 is disgusting.

Dec 31, 2019 - 1:19pm

$CDNX and the miners

The $CNDX (TSX -Venture) is on a tear finishing up another 7 pts (1.2%) to 576. Many juniors responded well today even though the bullion banks attacked gold and silver. Juniors that had a good day include: Novo,Irving, Garabaldi, K92, Wallbridge, Bonterra, Maverix, Discovery and Pacton.

It has been a pretty good year for the stackers and the miners. I expect 2020 to be the Roaring Twenties for the Turdites. Happy New Year to Turdville.

Bard the Bowman
Dec 31, 2019 - 1:09pm

Palladium and perspective...

Palladium is going full honey badger to finish the year. This is like the digital hydroplane races on the Jumbotron at the Kingdome when I was a kid! Neck and neck; red, yellow and green boats erratically racing to the finish while drunk fans root on their pick! Palladium, gold, silver and the HUI in striking distance of highs for the year to ring in the New Year.

And yet mavens, your situation puts it in perspective. There is clearly a hierarchy of what really matters in life. The health of our loved ones far outweighs financial good news. It's a gift to be reminded of that. I'm glad you and your family get to be close to your dad next week. I agree that there is some serious medical wisdom in this group! And how strangely comforting is it to know that you have the friendship, prayers and support of a group of people you have never met face to face, but who you know would drop everything to stand with you.

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Dec 31, 2019 - 1:03pm

Kirkland Lake rumours

There is chatter on HotCopper that KL is getting some great ore results from its mine near Bendigo Australia. Below is Bendigo's(author of same name) post on HotCopper:

Post #: 42145114

Bear in mind there are approx 800 staff at the mine just out of Bendigo
Therefore a lot of thirsty miners going to the pub from time to time
so lots of discussion.

“Pub talk”
They are hauling up some loads of ore from high grade zones
with a kilogram ( that is 1000 grams ) of gold to the tonne.
Dec 31, 2019 - 12:49pm

Nice breakout in Pure Gold today - symbol

PGM (Vancouver) and LRTNF (Nasdaq pinks). This was the top pick for 2020 by well known metals analyst Jeff Clark.

P.S. - Looks like Eric has a 10.2% stake in this one. Red Lake property.

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