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TFMR Podcast - Friday, May 15


It was a great end to a great week where the old TFMR adage is proven yet again. To celebrate, I thought we should make this podcast immediately public in the hope that more people will choose to come along with us on this ride.

We are in the early stages of what will be the greatest precious metal bull market you are likely to see in your lifetime. To profit from this...and to secure your future...I urge you to consider a membership to TFMR. Its only $12/month and, this weekend only, we're running a discount due to the uncertain economic times.

And just so you know, it's not like we just stumbled upon this last week. Here are links to our two most recent annual forecasts. Please take a look. You'll see that we're clearly onto something and ahead of the curve in terms of analysis:

So, if you'd like to join us, just go to this link: www.tfmetalsreport.com/subscribe. Once there, select the monthly subscription option and then enter the coupon code "GOLD". This will save you $6 on your first month but every dollar counts at a time like this. I hope you'll join us. You'll find that the regular $12/month cost can be made up pretty quickly through the information we share here.

For today, just a lengthy general discussion followed by a mention of this story that broke right after the NYSE close: https://www.zerohedge.com/markets/fed-warns-stocks-face-significant-decl...

From there, we begin with these screenshots:

Next, we discuss Comex gold and silver and the persistent premiums/spreads versus spot:

Next, we check the daily and weekly charts of the mining shares:

And we close the week as we always do, with a look at your latest CoTs...which remain the most"bullish" since late June of last year.

Again, I hope non-members of TFMR will take the time to join us. You can bump along doing your own thing OR you can spend 40¢/day to learn A LOT about the precious metals and mining shares and then put that knowledge to use.

Have a great weekend, everyone!



May 17, 2020 - 5:06pm


...is there a sport that has more commercial breaks ???

May 17, 2020 - 4:49pm
May 17, 2020 - 4:36pm

The "Fed Put" is alive and well...


( pulled this off of a Twitter post not sure if it's true or not guess we will find out tonight from 60 minutes)

DeaconBenjaminboomer sooner
May 17, 2020 - 4:24pm

Ron Paul: " What is your definition of the dollar Mr Bernanke?"

Ron Paul: " What is your definition of the dollar Mr Bernanke?"
May 17, 2020 - 4:17pm

BUBBA J SEZ DARLINGTON!! I hear what you're saying Scoremore

This the fourth turning and I don't think Trump is the Gray Champion. Yes he's been tits up 3 times and bailed out each time by the banksters. Everyone else ate shit. I see all of this from several vantage points.

One of them takes Canadian Dirt Lump's fav saying

'I got my stack and everything is bullshit.' That makes stacking Job 1. Advantage and disadvantage of stacking is it's liquid but heavy. Weimar is instructive to those who have silver and gold.

There's jack doodly squat we can do about this. We're just passengers on this Arc. Water's rising real fast. We are in the nosebleed section of the Rose Bowl watching the drops fall. One, two, four, eight. In 45 minutes the field is covered. At 48 minutes it's half full. Minute 49 and it's overflowing. Got a canoe?

Exponential growth is a harsh mistress and relentless teacher. It takes one saeculum for all humanity to recycle as worm food. Another generation is forced to relearn the lesson of currency debasement and reset. We at Saeculum 3, with WWII #2 and Civil War #1.

Global Solar Minimum is going to add to this turning's agony. We are so people heavy on this planet that this turning could get that glow in the dark thing that's had the clock at 11 PM and 59 minutes for 60 years. Duck and cover's being replaced with shelter in place, social distancing and Stay Home. Geez we are such fucktards as a species

We are so unevolved as a species that we might destroy ourselves before we evolve to a sustainable life form. Time will tell

Tick Tick Tick

May 17, 2020 - 4:17pm

Just get physical! While it lasts....

Olivia Newton-John - Physical
Gasivs Buttox
May 17, 2020 - 4:12pm

Good Ole Winnipeg - my home and native land

2 seasons - freezin ass cold and boiling hot. Today's the latter - 3 days ago I was bundled up including underwear. Of course, you boys and girls down south wouldn't think much of our 'boiling hot' but I can't garden in it for more than a half hour at a time (about 75 degrees in your temperature). Good thing about that is.... more time for gin and tonic.

Damn... running low on ice.

boomer soonerRickshawETF
May 17, 2020 - 4:11pm


Now you are talking lawful money v. Legal tender.

We spent a good amount of time exploring the ins and outs of lawful money. And no, I have not "formally" done this in an officially recorded situation. The metal means more to me than digits in an account.



---Question for anyone---

Can someone find me the legal and/or .gov documents that denote what currency or ?, that a bank account is denominated in.

Your bank account has a specific amount of "what"? I have never been able to find the Fed Res docs, statute, or H.R. that specifies what the banks denote your balance in.

AGXIIKCalifornia Lawyer
May 17, 2020 - 3:51pm

CA Lawyer 5,000 Oz is a Domino's slice so it's doable

If push came to shove I'd do the 501C3 Foundation gig, toss in the AG, sell it to SDB for a snap shot liquidation during escrow---one and done. The donation makes no diff to my present income. It's not high enough to get my attention so it might go to waste but---

Maybe I could sell off that contribution to someone else who transfers some cash benefits back to my Foundation. Many years ago we came up with a name for this 501c3 but never did the legal work to set up and fund it. All we have is the SDIRAs. Nevada has some of the world's best corporate secrecy and protection laws.

One really nasty side effect of AG going to the moon is the RMD for those of us Dole Geezers who hit 72 and haven't assumed room is the RMD. Now I know why there's a safe harbor those with huge IRA and 401k. The penalties for not doing the RMD on time is seriously ugly. There are so many different trusts, foundation systems and tax friendly means to do this thing I won't even dive into it until the prices rise to stratospheric levels.

Funny thing about hyperinflation. Land prices cannot rise to the same level as the debased currency because income streams are limited, bank finance rates make every type of land investment totally unfeasible and often the owner crashes with debased currency shoving them into foreclosure and bankruptcy

Back when I got started in banking and lending the prime rate was 21% It destroyed the economics of investment properties, residential rentals and even the money pit called raw land.

I saw raw land drop 90% in price while those with money were buying square miles of developable land for pennies on the dollar. That might take a $5,000,000 property with leverage and run it into the ground for $1,000,000 with all infrastructure remaining in place. Time will tell

May 17, 2020 - 3:48pm

More & More, Cov19 Looking Like a Man Made Monster/Disaster

The Alt media is outing the "Official" narrative of Bat virus &/or Harvey Fishmonger stories.

Bike riding biologist explains.
(watch to the end & enjoy the bike ride)

The Morning Report -- J.C. ON A BIKE -- (The Origin Story Continues to Evolve)

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Key Economic Events Week of 9/21

9/21 8:00 ET Goon Kaplan
9/21 10:00 ET Goon Evans
9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
9/25 11:00 ET Goon Evans #4
9/25 3:00 pm ET Goon Williams again

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
8/11 8:30 ET Producer Price Idx
8/12 8:30 ET Consumer Price Idx
8/13 8:30 ET Initial jobless claims
8/13 8:30 ET Import Price Idx
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Unit Labor Costs
8/14 8:30 ET Cap Ute and Ind Prod
8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
8/3 10:00 ET ISM Manu PMI July
8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
7/29 2:00 ET FOMC Fedlines
7/29 2:30 ET CGP presser
7/30 8:30 ET Q2 GDP first guess
7/31 8:30 ET Personal Income and Spending
7/31 8:30 ET Core inflation
7/31 9:45 ET Chicago PMI

Key Economic Events Week of 7/20

7/21 8:30 ET Chicago Fed
7/21 2:00 ET Senate vote on Judy Shelton
7/22 10:00 ET Existing home sales
7/23 8:30 ET Jobless claims
7/23 10:00 ET Leading Economic Indicators
7/24 9:45 ET Markit flash PMIs for July

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