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,



Nov 30, 2014 - 12:06pm

As far as GOFO rates, don't

As far as GOFO rates, don't forget the decision made on Friday by the Indian government. Perhaps those in the know had got wind of that ahead of time and the drop had little to do with the SGI.

Nov 30, 2014 - 12:05pm

Let's see where this thing

Breaks. The rich are already paying a healthy premium for any gold order of size.

Will there be two prices,

The peon price

The rich persons price?

For how much longer?

All depends on the miners now.

Dr. P. Metals
Nov 30, 2014 - 12:04pm

Wow that was a real nail-biter

I wonder if the ballots over there had a little "check here to donate 10,000 to your central bank" option that these fine and proud people could checked at the same time as their "NO" (all caps) vote, like we do here in the US ballots...

And to think some experts actually thought that for the first time in ALL OF RECORDED HUMAN HISTORY that those people in control of money and power would allow a simple vote of the people to give it all up.

Nov 30, 2014 - 11:57am

I am positive

that China will be shocked by the SGI and dump its gold holdings immediately. They will think, "How could we have been so stupid! We should have known the Swiss would have voted no!" (sarc)

Come on. No one really thought this was possible. The change will not ever come from the groups that benefit. This can not be altered through democratic means because those that benefit control the democracy. Who do you think was buying all the ad time convincing the average Swiss to vote no?

Not to go on a tirade, but the idea that you can buy enough TV time equals democracy is nuts. And this is all we have....

In my state, Oregon, we had two refs that got into ad wars in the November elections. . One was pot, the other GMO's. The pot bill was not that hotly contested on TV....but GMO's were berry berry good for TV adverts. Monsanto and friends spent $20 million to shout it down. The "we just want to know what we are eating crowd" raised a third of the Monsanto money. $2 million was raised by private individuals. Virtually, not one individual contributed to the Monsanto cause! Nothing. So, effectively, only corporations, all Eastern US, dictated our democratic process. I have a friend whose wife has had two different kinds of cancers occur twice in the last 10 years, parrot the exact words that the Monsanto ads said, citing his (air quotes) research. "Dude, do you think it might be the food?" I thought...My point being that we simply do not know what is causing our alarming health malady rates, so maybe we should examine what has changed over the last 20-30 years....but alas, enough TV ads = voter intelligence...

My point is that this and no State referendums, will change anything - food, money, etc...because TPTB control the boobtube. If you control the boobtube, you control the ballot. And if that doesn't work, you control the ballot, ultimately.

China, China, China. Did I mention China?

BTW, seems the consensus is for more bloodshed here. When is the consensus ever right?

If I were the Saudi's my wet dream would be to keep the Yanks in the oil game right at the cusp of profitability, so that they produced enough to consume capital, but not make any money....not put them out of business....BTW, this is great for the bigboys to buy up these overleveraged corps on the cheap...just have to get the debt blown away first...

Nov 30, 2014 - 11:55am

The day after it becomes obvious..

..Is when people will realize the need for gold.

By then it is too late.

Nov 30, 2014 - 11:53am

@ Patriot Family

I agree 100% with your statement "We all need to recognize that the same referendum would have failed in almost every country in existence today". Sad but true, and FWIW I don't perceive healthy, intellectual debate and disagreement as anyone 'picking on me' :-)

Nov 30, 2014 - 11:51am

Re: Goldmans call

yep, if GOFO rates went negative as a 'hedge' against a possible Swiss yes vote and now spike into positive territory, we could be in trouble...yikes :-)

Nov 30, 2014 - 11:51am

So much for the Polls

First it was a significant number in favor, then the polls switched to show a significant number to reject and now we see overwhelming support, 78%, to reject.

Sounds to me like they went overboard on the hanging chads or those that counted were in true fear of slipping up.

Nov 30, 2014 - 11:35am

Goldmans call

1040 by year end?

Nov 30, 2014 - 11:33am


So now we get the final tearing off of the bandaid ! I guess this is where we lose half the gold bugs and the real bloodbath begins !

Gamble gamble

good luck everyone , hope to see ya on the other side .

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Key Economic Events Week of 10/19

10/19 11:45 ET Goon Chlamydia
10/20 8:30 ET Housing Starts
10/20 1:00 pm ET Goon Evans
10/21 10:00 ET Goon Mester
10/21 2:00 pm ET Fed Beige Book
10/22 8:30 ET Initial Jobless Claims
10/23 9:45 ET Markit Oct flash PMIs

Key Economic Events Week of 10/12

10/13 8:30 ET CPI and Core CPI
10/14 8:30 ET PPI
10/14 9:00 ET Goon Chlamydia
10/15 8:30 ET Philly Fed
10/15 8:30 ET Empire State Idx
10/15 8:30 ET Import Price Idx
10/16 8:30 ET Retail Sales
10/16 9:15 ET Cap Ute & Ind Prod
10/16 10:00 ET Business Inv

Key Economic Events Week of 10/5

10/5 9:45 ET Markit Svc PMI
10/5 10:00 ET ISM Svc PMI
10/5 10:45 ET Goon Evans
10/6 8:30 ET Trade Deficit
10/6 10:00 ET JOLTS job openings
10/6 10:45 ET Chief Goon Powell
10/7 2:00 ET Sept FOMC minutes
10/7 3:00 ET Goon Williams
10/8 8:30 ET Initial jobless claims
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10/9 12:10 ET Goon Rosengren

Key Economic Events Week of 9/28

9/29 8:30 ET Advance trade in goods
9/29 9:00 ET Case-Shiller home prices
9/29 10:00 ET Consumer Confidence
9/30 8:15 ET ADP employment report
9/30 9:45 ET Chicago PMI
10/1 8:30 ET Personal Income and Spending
10/1 8:30 ET Core Inflation
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/2 8:30 ET BLSBS
10/2 10:00 ET Factory Orders

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
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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
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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
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8/24 8:30 ET Chicago Fed Idx
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8/17 8:30 ET Empire State Manu Idx
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8/18 8:30 ET Housing Starts
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