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Friday Conversation - Denver Dave Kranzler

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It's always great fun to visit with our old friend, Denver Dave. In the absence of your regular daily content today, please carve out some time to give this podcast a listen.

Over the course of this call, Dave and I tried to focus upon three main topics:

  • the current situation and the continuing Bank efforts to control price
  • what's next for The Fed and the other CBs as they fight deflation and illiquidity
  • where the mining shares are headed in Q4 and into 2021

And here's that long-term chart of the GDXJ that we discuss:

Once you've listened...and if you're looking for additional audio...I ask that you turn your attention to the podcast below. It was recorded back in Wednesday and I recall feeling like it went pretty well. Trevor does a great job and yours truly felt particularly well-rested and lucid that day.

Thanks again to Dave and Trevor for their help with these podcasts. I hope you have a great Friday and a relaxing weekend.

TF

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LokiBlackwatersailor
Oct 9, 2020 - 4:27pm

3GD

The dam IS poorly built, but the satellite pics hysteria is caused by image stitching.

Here is a high res version bought this year. No distortion.

https://mega.nz/file/bTxjCL4I#hTGrTPVgRcHiTbg4Xmw_6ohML45jGP6M9vxSLMl3FMg

Ben Stackin
Oct 9, 2020 - 4:17pm

Hot gold and a tasty coldy on a hammer time Friday afternoon!!

We deserve this.

Keep Stackin'.....

Chet Faker - Gold (Official Music Video)
AGAUClarkii Stomias
Oct 9, 2020 - 4:09pm

Epstein

I fear it was over when TPTB choked that peice of weasel shit in jail

Blackwatersailor
Oct 9, 2020 - 3:56pm

Three Gorges Dam

🚨New satellite images show the #ThreeGorgesDam has been deteriorating progressively since 2012.

More images and links in the thread below, but first a slideshow showing the progress of deformation over time. I've highlighted 3 points where it is most obvious.#三峡大坝 pic.twitter.com/sMRt9Z0n0q

— Kev (@KevD00D) October 8, 2020

For those of you who are interested, a little piece put together showing how much the entire structure has moved and serious erosion. The dam is going to fail. When, is the question. Once large structures like this buckle in this manner there is simply no way to repair the deep structure without tearing it down to hard rock and rebuilding. They also tend to fail catastrophically very much like when an entire hillside gives way for the same reasons.

Top 5 Catastrophic Dam Collapses Caught On Camera
10 Massive Dam Failures CAUGHT ON CAMERA
happycamper515
Oct 9, 2020 - 3:50pm

Mamma said there'd be days

Mamma said there'd be days like this.... just wish they'd happen more often.

RickshawETFMeanStreaks
Oct 9, 2020 - 3:43pm

The Thousand Fleas

"I'm wondering if the thousand fleas I summoned are currently finding their marks."

Well, some of them found their mark -- I'm itching . . . (to see silver hit $30)

Edit: Even so, I need silver to hit $36.13 for every item in my stack to be in the green . . .

DeaconBenjaminMeanStreaks
Oct 9, 2020 - 3:31pm

Have you discovered

The golden fleas? (Golden fleece)

Clarkii Stomias
Oct 9, 2020 - 3:27pm

Calling Epstein's Black Book

Maybe this belongs as a Saturday/weekend post, but for me this Epstein scandal will never be over until everyone involved pays. So anytime I see something that sheds a little more, even if peripheral light on it, I have to read it.

https://www.motherjones.com/politics/2020/10/i-called-everyone-in-jeffre...

MeanStreaks
Oct 9, 2020 - 3:21pm

Coincidence?

I'm wondering if the thousand fleas I summoned are currently finding their marks.
------------------------------
October 7, 2020

A curse on the bullion banks

May the fleas of a thousand camels infest every single gold and silver price manipulator.

May their wives discover their penchant for hookers and cocaine. May their divorces leave them bankrupt.

bruinjoe
Oct 9, 2020 - 3:05pm

Frank Holmes called it perfectly two days ago

It was no fluke. The man is a big believer in machine learning and AI to help him.

Gold price has bottomed, $4k target for either Trump or Biden victory – Frank Holmes

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