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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 - 2:01pm

Oliver name

It is Michael Oliver from Momentum Structural analysis. He often gives interviews on the common youtube channels (common for someone like us, that is).

May 17, 2020 - 1:52pm

Since it is the weekend - my hobbies in the pm space

Over the past 15 years, I have indulged myself in two hobbies. The first is buying pm stocks and making a lot of money, then losing it all and now finally making some of it back.

My second hobby is collecting silver bullion coins and bars from around the world nearly every time something new is issued. I don't know if I will ever sell them but they are very attractive and fun to collect. I probably have products from over 40 countries while my son, who is an avid collector, has around 60 countries. He has published his 2020 edition of "The Definitive Guide to Collecting, Investing & Stacking Silver Bullion: 2020 Edition by Michael Allaway". It is a hefty tome of around 330 pages. I once asked him if he made any money from it and replied about enough to pay the shipping costs of his coins. So if anyone is into collecting as opposed to stacking it is a very useful reference tool. https://www.amazon.com/s/ref=dp_byline_sr_ebooks_1?ie=UTF8&field-author=...

May 17, 2020 - 1:44pm

RE: More Oliver

Thank you for sharing, pc

I think Michael Oliver is one of the best analysts out there.

When he talks, I listen.

May 17, 2020 - 1:35pm

Michael Oliver Momentum Structural Analysis

"We suspect any further gains by gold will be dramatic, sizeable and sudden, not a continuation of the arm-wrestling yet persistent uptrend of the past two years."


Our mailing address is:

Momentum Structural Analysis

PO Box 38261

Greensboro, NC 27438

AGXIIKCalifornia Lawyer
May 17, 2020 - 1:30pm

Litigator or mitigator CA Lawyer, I get what you're saying

The fine tuned points of legal and tax matters needs to be flatlined up front can be had with one of my brain trust legal minds. Thanks for the offer. The litigator part is where my res ipso fire team does a bit of Sherman's march to the sea.

Who knows. If some local swinging dick SOB who thinks they can interfere with my Natural Rights to private enjoyment of my idaho comes calling they will find me a terrible foe. I love a fight, the dirtier the better, particularly if it's unfair and I got the high ground and defilade field of fire. Just the thought of going Full Cowboy on some grifters makes me smile. Maybe someone will sell and include their APC. It could happen. Or buy a scrapped one from the Hawthorne depot.

I like lawyers who'd rather litigate that eat. Had one well versed in law and taxes but he's sort of retired. We can talk more about this when and if silver gets frisky.

With the likelihood of my years in this dimension limited by the physical realities of an organic body, thinking in five year plans not decades, it would still be a shit load of fun to do this thing, air strip or helipad included and have some impact into the future for others.

Mel sent me more listing that I can grok in two hours so I need to give the deep dive for a time when precious metals make this thing possible. One important thing is to keep the land below 35 degrees lat or snow and cold could ruin all the plans.

I'll reconnect with you once this thing gels. Thank you again for the offer

Sky King

May 17, 2020 - 1:28pm
May 17, 2020 - 1:17pm

Dave Kranzler: HSBC/Gold Traders Getting Blown Out By Fed Policy

Dave Kranzler: HSBC/Gold Traders Getting Blown Out By Fed Policy
AGXIIKindiana rod
May 17, 2020 - 1:13pm

Anyone doubts gold and silver prices cannot move high and fast

It took 37 days for AG to race to $50 from $16 in 1980. Had it not been brutally smashed back it could easily have tripled again from $50.

AG and AU took 4 months to trace nearly the same path in the first 4 months of 2011. Had the prices not been brutally smashed to avoid complete collapse of the markets and TEOTKGE it would not have surprised me to see silver at $250, a price that did little more than reflect the inflation from 1980 to 2010. This time it would be far worse for other markets and far better for PM prices. I

plan to do my last AU for AG trade tomorrow. 15 oz of mixed mint coins. Hopefully I get close to spot on AU but think it'll probably be $10 back like last Thursday. Just so long as Northern NV Coinhas inventory and holds AG at $2.60 over spot I'll be as happy as a pig in petunias.

May 17, 2020 - 1:09pm

Use of "50 dollars"

Sure, when an acre of good land is "50 dollars" A good tractor with attachments is "50 dollars" etc. Wonder what a Maple would fetch?


May 17, 2020 - 1:00pm


I do all my work for members pro bono. No way I'm charging anything as we are a very small minority of like-minded thinkers. I feel we deserve each other, and I am here to help. With that said, though, I am no tax expert. I am a litigation trial lawyer. If you want me to cross examine someone, let me know, it would be my pleasure. Reading, drafting, negotiating contracts? Too boring and not for me. But I would sure be interested in being part of your Lawson Ranch project. And, I'm a US Army trained helicopter pilot, with my commercial helicopter and instrument rating, and I eventually got around to getting my single and multi-engine land and instrument rating. So I got that going for me . . . If it all goes right, I'm probably getting a newer model single engine piston plane, and I figure a trip to northern Nevada is a one day turn around, but Idaho is two days. It depends on the plane, for sure. I'm not jet rated, and I really do not want to have the spin up costs, have to go to the factory school, take classes and stay current. I don't want to end up like Harrison Ford, all demented and landing on the taxiway at John Wayne . . . So, I'll just stick to what I know for now. Meanwhile, you can count me in on your interest list down the road . . .

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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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