TFMR Podcast - Saturday, November 29


There are certainly some signs that we once again stand near the edge of the precipice. Therefore, I thought I'd just make this podcast immediately public.

It's not that this podcast is full of incredible analysis or earth-shattering information. It just seems to me that the world might be once again barreling toward financial crisis. Since there are likely quite a few visitors to this site who sense the same, I simply felt like I should make this podcast public.

For today, we discuss these charts. First, crude:

Then these three GOFO items:

And then these four charts of gold and silver:

Finally, please be sure you've read both of these ZH links:

Here's a sample of some anti-SGI propaganda:

And, potentially worst of all, make sure you've seen this from back on Thursday:

I hope you enjoy your weekend,



Dec 1, 2014 - 10:18am

yeah baby...

'they were too busy watching those 'ole raindrops fall'

The Blues Image - Ride Captain Ride

Surf the wave..hang ten..i love this sh*t

Dec 1, 2014 - 10:00am


they needed a home
glad i didnt wait
:: chagrin ::

Dec 1, 2014 - 9:15am


Thanks for your posts and your charts, they are very well done. I don't always agree with your conclusions but I never for a second thought you were a troll...and I still don't. Several times you have helped me to step back, see a slightly larger picture, and buy a lower low.

So, the more opinions the better as far as I am concerned.

Dec 1, 2014 - 7:15am

@brokerK22 relax about these anti-gold guys

Some trolls are paid and some are not. These guys go to great lengths to tell a pro hard money crowd that gold is dead. Assume he is being paid. Can you imagine spending this much effort creating 10 year graphs of the USD, the worldwide paper currency destruction, the planned generational destruction of the dollar for yet more wealth inequality with the purpose of recommending physical gold to a TA fiat crowd? You would want someone to pay you for that work, wouldn't you? What idiot would do it for free? I'm sure he has very little going on life and never needs to put his pants on before dinner. Its not like he has his own site and getting ad and script revenues. That would be real work.

The GLD graph is correct and its gold content is not quantified by independent audits. Its existing gold is only accessible to participating (BB) members.

Nov 30, 2014 - 7:36pm

Show your work for extra credit

Funny. I use the erewenguy handle only on this site.

GLD weekly

From Russian economist Mikhail Khazin

"But Russia and China cannot stop these manipulations, because the price of paper gold is determined on the speculative dollar markets. They can’t provide "leverage" that would be comparable to that of major U.S. banks that have access to an unlimited issuing resource. The only thing they can do is increase the gap between the price of "paper" and "physical" gold by constantly buying the latter on the world markets. Of course, this increases the instability in the global gold market and creates potential losses for the main "gold dealers" who work with the Federal Reserve on leasing programs, but the degree of imbalances has not reached a critical value yet. It seems to me that the sharp rise in gold prices will start after the burst of the next "bubble" in the US stock market."

If the price of oil is going to be retraced back to the start of QE, what makes you think gold cannot be?

We are dealing with psychopaths that will burn the house down so they can stroll away during the explosions.

Nov 30, 2014 - 5:17pm

Turd please check this erewenguy out

He posts frequently on many other sites that I frequent. He mocks and ridicules pro gold people. He is a most definite troll. Not sure what his motive is but is definately not to provide positive helpful information.

Nov 30, 2014 - 5:06pm

Steel yourself

This is not a "buy the dip" moment, this is the prelude to blood in the streets.

Goldman's $1050 call is for the end of the year, not the bottom .

Despite the pain we have been through for the past 3 years, this next leg is gonna hurt.

Craig's chart shows oil price retracing to the start of QE.

My gold chart shows about the same thing.

My prediction? Paper price to bottom at $810 to (gulp) $695.

You won't get any for that price, but waiiiiit for it.

It's going to be a "Come to Jesus" experience for everyone.

Peace. Hope to see you on the other side.

Nov 30, 2014 - 4:59pm

I have a feeling...

It is going to hurt tonight :(

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Nov 30, 2014 - 3:32pm

Bo Polini

But the other Big Ten teams were rooting for him to stay.

Nov 30, 2014 - 3:16pm

@Turd - Bo

So you don't like Bo Pelini? I just KNEW there was something I liked about ole' Turd.

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2/22 10:00 ET LEIII
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2/25 8:30 ET Jobless claims
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2/17 8:30 ET Retail Sales
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Forum Discussion

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