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 - 10:29am

Whoa!!! Tough Words There

Turd. Sorry that you feel that way. Yes I'm disappointed as I was with the Scottish vote but hey they made their decision but I'm glad I'm awake and I also feel sorry for them. Keep Stacking

Nov 30, 2014 - 10:25am


So, no surprise there then? I am sure the PTB will have a field day via their media I can see it now "There it is then the Swiss were smart they knew the gold standard and repatriation was a silliy idea" " trust in the banks is higher than ever" etc etc I will be interested in the turn out number? Either way this makes little difference in the long run and the desperation in the air is palpable now, they are finally turning the lights on in dark corners and the cockroaches are running Sanctions are killing business in Europe and they hunkering down for a long cold winter, Ukraine is desperate for coal and gas , China, India , Russia are scooping up all the cheap pms they can get , maybe soon Russia plays the rare earth metals card the platinum and palladium cards , worse still the " we have the wheat - y,all can eat you oil " card, even the Saudis will be hurting soon if they are not already, maybe the Saudis are spanking the US for thieving the Saudi's gold and not overthrowing the Syrian govt., as ordered ? There are likely mega billion dollar derivatives blowing up in the oil futures markets right now, the major dealers will be bleeding buckets on futures contract s , underwater hedges etc , this is a major problem! Sanctions on the oil drilling business will have major costs, good drilling companies, American drilling equipment suppliers will lose millions the oil companies will be shut out of major drilling arenas, the arctic for example There will be Chinese Brazilian oil companies scooping up the areas for drilling leases and that cannot be tolerated by BP EXXON etc - something has got to bust and it will , I fear this is a bigger problem than a few hundred bucks an ounce being sliced off the gold "price" This will have to " resolved" sooner rather than later The fundamental reasons I bough gold and silver ten years ago have only gotten worse so I sit and wait' I hope I never need to sell because that would mean the SHTF and it will be terrible!

Nov 30, 2014 - 10:22am

Disappointed, yes. Surprised, no.

I'm saddened for the ignorant and foolish Swiss. Screw, them, though. They had their chance and they've sided with the devil, instead.

We move on. Tomorrow is another day.

Patriot Family
Nov 30, 2014 - 9:50am

I don't think the failure to

I don't think the failure to pass the Swiss gold referendum is going to result in a huge hit to the PM markets. Traders have likely already priced this in. It's more an indictment of the Swiss public's desire for real money, and they have clearly spoken via their vote. Stackers are an extremely small portion of the voting public.

I am just sick that our money is tied up in a mortgage application process. Otherwise a tube of AGEs or stack of 1 oz bars would be ordered ASAP.

WA state gun purchase laws are changing in a few days to where firearms sales between individuals now require background checks and a FFL transfer. Which does absolutely nothing to curb sales to criminals purchasing firearms on the street. Anyway, that is where my attention will reside over the next few days... Offloading stuff I no longer need and making a couple of key acquisitions before the new laws go into effect.

Nov 30, 2014 - 9:49am
Nov 30, 2014 - 9:21am


I was not expecting a yes vote but I certainly was not expecting a blowout. The zombie curve has gone exponential. I'm thinking I might find insane deals for PM's on Cyber Monday. I'm racing China personally to accumulate ounces.

Nov 30, 2014 - 9:17am

Prepare for a sale on pm

Fellow stackers, the no vote changes nothing long term for us. In the short term it seems there will be a sale of gold and silver on Monday. Add to the stack if you can.

As Turd spoke, there are many other black swans to concentrate on besides Switzerland.

Stack em if you can

Nov 30, 2014 - 8:28am

We can lose every battle...

And still win the war.

Once more unto the breach, dear friends, once more!

Nov 30, 2014 - 8:23am

Swiss vote on gold :It is official:rejected!

L'initiative «Sauvez l'or de la Suisse» est définitivement rejetée

Mis à jour il y a 15 minutes

La Banque nationale ne sera pas obligée de miser outre mesure sur le métal jaune. L'initiative «Sauvez l'or de la Suisse» a été rejetée dimanche par la majorité des cantons. Aucun n'a dit «oui». Partout le rejet dépasse les 70%..

The 'Save the Gold Switzerland "is definitively rejected
Updated 15 minutes ago
The National Bank shall not be obliged to rely unduly on the yellow metal. The 'Save the Swiss gold "was rejected Sunday by the majority of cantons. None has said "yes". Everywhere rejection exceeds 70% ..

Nov 30, 2014 - 7:48am

O! Well

We shall Keep On Stacking.

Two other referendums were also being held on Sunday: one on forcing the central bank to boost its gold reserves and one on scrapping a tax perk for expatriates.

Projections suggest they, too, have failed to garner enough support.

Subscribe or login to read all comments.


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

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
10/9 10:00 ET Wholesale Inventories
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
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

Recent Comments

Forum Discussion

by Pete, 57 min 39 sec ago
by Green Lantern, 6 hours 17 min ago
by 11IMIX, 7 hours 18 min ago