A2A with Dave Kranzler of Investment Research Dynamics

154

After a few weeks away, the award-winning webinar series "Access to Access" returns today with an update from our pal, Dave Kranzler of Investment Research Dynamics.

It's always great to have Dave on as a guest and once again he did not disappoint. Over the course of this 54-minute call, Dave addresses a wide range of topics, including:

  • the developments today at Tahoe Resources
  • the current CoT structure and its implications for price
  • why Mother and her Goons are moving to raise the FF rate
  • possible gold and silver confiscation
  • how the mining shares may trade in a general equity bear market
  • and a whole lot more!

Please be sure to give this a listen and thanks again to Dave for all of his time.

TF

  154 Comments

joeblack
Jul 6, 2017 - 7:18pm

Silver spike

I have 14.34 for september silver, 5,000 contracts in one minute 

should have had a stink bid in

H8Fiat
Jul 6, 2017 - 7:27pm

Drive by

Must be a swell NFP tomorrow morning or the G20 is a crater.

H8

Edit: Agree Onesong

TF Metals fan
Jul 6, 2017 - 7:32pm

spikes

also in platinum. Slightly less deep in copper, but clearly visible. Palladium clearly a dip as well but neglectable compared to gold, silver and copper. Currencies stable. Weird stuff, at least for me. 

happycamper515
Jul 6, 2017 - 7:36pm
kaiserwongze
Jul 6, 2017 - 7:39pm

Kill the Algos

Can you imagine if you had a futures position and getting the instant margin liquidation on that 10% move?

What a joke of a market.

joeblack
Jul 6, 2017 - 7:39pm
Compwiz4u
Jul 6, 2017 - 7:43pm

Silver - Pitch Fork Style - Daily Chart

It looks like the banksters wanted to have one last smash for old times sake before Silver takes off.

Notice how it stopped at the bottom of the pitch fork & then bounced off it.

silverwhere
Jul 6, 2017 - 7:43pm

WTF CFTC?

CFTC clowns - do SOMETHING - ANYTHING ?????????

streber
Jul 6, 2017 - 7:45pm

Anyone counting how many times "you know?" was used???

I'm at the 40 min mark and Dave must be getting close to 100 you knows.

Dirt_Reynolds
Jul 6, 2017 - 7:46pm

time lapse of it

Epic $1.40 Ag smash

I recorded at 1Fps.

#keepstacking #networking

streber
Jul 6, 2017 - 7:49pm

Timing on the PM hit...

0707 Shanghai

0007 London

Dave over 100 you knows now

imfd
Jul 6, 2017 - 7:49pm

It`s all coming to an end

It reminds me of a gyroscope, it works well until it doesn`t, the center of gravity starts to move, wobbles start, then greater wobbles, then gut puking wobbles, and the it crashes. This ridiculous horseshit of a market would have had me shitting my pants some time ago, but now I know that it just proves I have been right all along, why manipulate a market in such a violent fashion unless you, not me, are shit scared. I can wait to be proven right, and proven right we all will be, and as you know, I am always right !

djr66
Jul 6, 2017 - 7:50pm

I show 5000 contracts

traded on the 1 minute bar. Thats 25 millions ounces or about 3% of annual production. Not insignificant if these numbers are right. 

Still no mention on zerohedge.

104365 Dirt_Reynolds
Jul 6, 2017 - 7:51pm

Silver Flash Crash

Sure feels like something should break soon. Crazy market..

onesong
Jul 6, 2017 - 7:55pm

You heard it here first...

No more rate hikes this year... jobs tomorrow... really bad... PM's to the moon!

indiana rod
Jul 6, 2017 - 7:57pm

Flash Crash

I show a low of $14.16. Back to $15.83 at 7:55 P. M.

imodelalot2
Jul 6, 2017 - 7:57pm

Paper Games

Loco London Or Bust

Clarki Stomias
Jul 6, 2017 - 8:04pm

Nanex/Hunsader has some good tweets on silver flash crash

Hit the link

Eric Scott Hunsader @nanexllc·10m

I'm assured the CME is all over the Silver/Gold "glitch" this evening. With that.. heading home $GC_F $SI_F

.....

edit: Commercials clearing out their shorts this evening? Algo spasm stop hunting?

happycamper515
Jul 6, 2017 - 8:04pm

Maybe AM is on to something

And these are the last desperate attempts to fleece the PM suckers? I'm not expecting AM interview or Bullion Coin to send PMs to the moon but a definite shift in sentiment would be welcome and a clear path to higher prices to end this hopeless 5-year PM slaughter.

tyberious
Jul 6, 2017 - 8:06pm

Xi Jinping Indicated China

BR1Xi Jinping Indicated China Would Join Forces with Russia to Counter "THAAD"


Russian media conducted an interview of Chinese President Xi Jinping on the eve of his visit to Russia. In the interview, Xi Jinping explicitly criticized the "THAAD" anti-missile system and warned that China would join forces with Russia to counter against "THAAD."

Xi Jinping pointed out that the deployment of the "Sad" anti-missile system in Korea seriously damaged the strategic interests of the affected countries, including China and Russia. He said that undermining the regional strategic balance does not do any good and does not contribute to achieving the goals of the denuclearization of the Korean Peninsula and of regional peace and stability and that the Chinese side has expressed its firm opposition and solemn concern.

Although officially, China has been attacking "THAAD" with stern criticism, this is the first that time Xi Jinping, as China's top leader, has directly criticized the defense system's use against the North Korean missile threat.

In addition, Xi Jinping also said that China and Russia will maintain close communication and coordination at all levels on the "THAAD" issue. The two sides are highly consistent on the nature of this issue and on the harm it generates. Russia clearly understood and supported (China's stance). Both China and Russia have the same or similar positions.

Source: Duowei News, July 3, 2017

gclute
Jul 6, 2017 - 8:12pm

Connection of the Dots?

I have been a lurker turdite for a few years now. I also read KWN for giggles and have subscribed to Ted Bulter for a number of years. I know Turd doesn't think much of Ted, but each to his own. I watch the tick by tick moves of the PMs and I am sensing a desperation/urgent effort on the part of the bullion banks to get out of all their shorts in silver --the smashdowns of the last two and a half months have been both brazen and relentless, done with no fear of reprisal (thank you CFTC). Witness tonight's escapade. Ted senses, at least for silver, that JPM may on its final smash cycle. One potential reason is the new enforcement officer at the CFTC seems to want to take action against manipulation for the first time in a long, long time for the CFTC. Maybe he has given notice to JPM to throttle back. There have been several notices of action against traders in the last two months. Maybe, maybe not. Ted also notes that by now, the COT struccture is at extreme bullishness for silver and it gets more bullish with each additional smash.

Now, if what Andrew McGuire hints at is true and there is going to be a reckoning in the physical markets very soon and he is on to something, well, the banks are probably on to it as well and are bailing on shorts to be prepared for Andrew's reset.

These ideas all seem to link together in my mind and I think there could be a rip to the upside in silver in the not too distant future (weeks or monrth or two). Anyway, my 2 cents on the recent action and events.

matt_
Jul 6, 2017 - 8:13pm

Situation normal....

SNAFU

This looks normal:

Verus nemo
Jul 6, 2017 - 8:21pm

"rip to the upside in silver" @gclute

The implied lease rate chart for silver (set resolution first at 6 months) also suggests that recent weakness will likely be short-lived:

https://www.goldchartsrus.com/chartstemp/PM4XChartslt.php

When you zoom out in resolution (in both metals) you'll see that whenever the two month LR (red lines) are more positive than the other loan term structures that a rally follows soon after. That was recently the case w/ both metals and remains the case tonight in silver.

'Looks like desperation on their part to me. 

tfever
Jul 6, 2017 - 8:25pm

Please include other exchange on main page soon

Like ABX and HKMEX. It will be interesting to see the Arbitrage until it blow up.

Thor
Jul 6, 2017 - 8:32pm

Clarki

Thanks for the insights about Tahoe.

We'll see how responsible the administration is.

BillD
Jul 6, 2017 - 8:37pm

This thing MUST have gone crazy

When the silver flashed crashed...

https://www.didthesystemcollapse.com

14.16:17.33 = 3.17 diff... lol

Would like to have seen that... lol

Pick 52
Jul 6, 2017 - 8:46pm

Embarassing

This is an absolute new low for precious metals interviews, guru style

Andrew Macguire continued nonsense not helping either


Jul 6, 2017 - 8:47pm

Your silver flash crash

This is simply insane and belies the fraud and madness of the current pricing scheme.

As you can see below, at 7:06 EDT, a 5,000 contract block of Sep17 silver futures were dumped into the "market". Was this a "fat finger" where 5,000 contracts were accidentally dumped when the order should have read 50? Was this an HFT "spoof" order that accidentally filled? Or, perhaps, was this executed on purpose by JPM et al as a way of painting the chart and blowing out the bids?

Most likely one of the first two reasons HOWEVER this once again shows the shear insanity of the current pricing scheme. That an entity can dump 5,000 contracts into an illiquid market and move price 10% is ludicrous. This is an order to sell 25,000,000 ounces of "silver" yet no actual, physical silver ever changed hands. WHAT A SCAM THIS IS!

happycamper515
Jul 6, 2017 - 8:52pm

Flash crash

It accomplishes two things. It wipes out the specs that had long stops and it crushes PM sentiment for the stackers and makes them wish they never heard of PMs. Rather than make America great again our president needs to make America safe again from banker corruption.


Jul 6, 2017 - 8:55pm

And I just found this on Twitter

If I'm reading this correctly, it looks like the CME is looking to bust all the trades below $15.54 in the Sep17 and $15.64 in the Dec17.

And this is a fucking SCAM, too. The Bank or other entity that blew out the bid stack does no worse that selling at $15.54 and the "lucky" trader on the other side that got filled below $15 is reset back up to $15.54. Once again just goes to show which side the CME is on!!

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