TFMR Podcast #18 - The Return of Ranting Andy

136

Late on Thursday, I had an opportunity to visit again with "Ranting" Andy Hoffman of Miles Franklin.

When we last spoke back in December, the metals were making lows and were soon to recover. As fate would have it, in the time since, we've seen a tremendous rally that led to the "Leap Day Violation" and subsequent pressuring of the metals all the way to the lows of this past Wednesday. So, under similar circumstances to last December, Andy and I discuss market manipulation, the godforsaken miners and the question of whether silver is money.

I'm quite certain that you'll enjoy this podcast.

TF

  136 Comments

Dr G
Apr 27, 2012 - 3:32pm

Love it!

Love it! Andy is my favorite analyst. Taking my boy camping tonight and we have a 2 hour drive to get there. THIS is what we will be listening to in the car!

First!

Airgead
Apr 27, 2012 - 3:39pm
Fr. Bill
Apr 27, 2012 - 3:40pm

Thurd!

Thurd! Such a coveted position too!

kingboo
Apr 27, 2012 - 3:40pm
kingboo
Apr 27, 2012 - 3:41pm

Damn.........

i'm the 3rd loser

murphy
Apr 27, 2012 - 3:46pm

ranting 4th!

ranting 4th! ok ranting 5th in honor of Andy

Apr 27, 2012 - 3:53pm

Really good CoTs this week

GOLD

Cartel net short declines by almost 9,000 contracts to a ratio of 2.12:1. Also Large Spec net longs declined by 3,700 to 165,000. Once again for perspective, the Cartel net short ratio at the end of December last year was 2.01:1 and the Large Spec net longs numbered 167,413. This is a very bullish CoT for gold. A bottom is near or already behind us.

SILVER

Very, very bullish. EE net short position decreased by over 4000 contracts and the net short ratio is now 1.46:1. Again, for perspective, the EE net short on 12/27 was 1.34:1. Interestingly, the EE was long 41,224 back then and is long 48,344 now for an increase of 17.27%! The Large Spec report was great, too, and exactly as I had hoped as Large Spec longs went up by 862 (3%) but Large Spec shorts surged by 2,798 or 29%! ​The trap has been set! Soon, the spec shorts will be fleeced by a very strong short squeeze.

NW VIEW
Apr 27, 2012 - 3:59pm

@ SRSrocco - Future System Collapse:

Yes some of us do understand history and many herein have prepared for what is coming. At my age, I probably will be one of the few on board who can teach the proper use of : A hand crank butter churn, a slide ruler from the 60's, ink well, and a #2 pencil with pad for addition, subtraction and multiplication. ( I can remember going to the store for food and the clerk added the prices by hand).

It will pay to know your neighbors and several farmers in these days. Katie Rose could teach more than I. jmo

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¤
Apr 27, 2012 - 4:12pm

No. 9

Thanks for the rant...I mean podcast.

Love the monikor... Ranting Andy!

Pretty sure you'll like this vid...enjoy!

The Beatles-Number nine
Apr 27, 2012 - 4:22pm

@ silver is money

What he said!

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