TFMR Podcast - Friday, January 30

241

Right on cue, gold rebounded today and recovered most of the contract expiration losses of yesterday. Now, with another volatile week ahead, can it crawl back toward $1300 and, if it does, what will happen with silver?

As we wrap up the week and the month (a month which saw gold +8% while the S&P was -3%), just a discussion of these charts:

GOLD

SILVER

the HUI and the S&P

And this crazy chart of 10-year German and Japanese bond yields

Regarding the totally insane global interest rate picture, please print off and read this remarkable story from Zerohedge. Then take the printed copy and add it to your Stack For Posterity. https://www.zerohedge.com/news/2015-01-30/denmark-you-are-now-paid-take-...

And finally, here's a fun article from SRSrocco covering many of the topics we regularly discuss here in Turdville: https://srsroccoreport.com/big-trouble-for-u-s-gold-market-no-available-...

Have a great weekend!

TF

  241 Comments

  Refresh
tyberious
Jan 31, 2015 - 6:48pm

Anger

  • Bob

    January 31, 2015 at 9:18 pm · Reply

    The douche bag here is Turd! I can’t believe there are 1200 folks out there that would give him a six-figure income for the crap he spews. He cowered in sniveling fear of Don, and obviously doesn’t have the knowledge to be in this business. It compares to a fat, ugly, mole-ridden woman with facial hair trying to make it as a stripper. Every single question Don asked could have been answered intelligently by someone with a little knowledge on the subject. History is replete with examples that could have been brought to light. Turd is an embarrassment to the gold bug community, and now we can be sure Turd is a very fitting name for him!

  • Tyberious

    January 31, 2015 at 11:45 pm · Reply

    Bob,”The douche bag here is Turd!” Really! Don, has had multiple YouTube accounts, gone by various names and proven himself to be the only attack “journalist” of the PM community. No Bob, not only does Craig provides a great service to our community, but he is also a outstanding Human! But I seriously doubt that anyone would speak highly of Don Harold other than a boob, name Bob!

  • https://financialsurvivalnetwork.com/2015/01/turd-ferguson-part-one/#com...

bim jeam
Jan 31, 2015 - 6:36pm

Always sounds....

like Andrew is speaking from 37,000 feet.

Good information, sure hope he's right.

SS121
Jan 31, 2015 - 5:38pm

interesting

Silver about to return to it's global monetary role

The fake monetary system scrambling in it's last days to keep the people's attention

And now here we have Sarah being clumsily discussed ...as the world's nwo hacks and political system similarly scrambles.

Continue on out of the system, and stackity stack that Silver. and avoid trying to sound bold with fearful system-programmed analysis, as pride and feeling the need to defend the foolish words will inhibit progress.

Jan 31, 2015 - 5:17pm

From 37,000 feet

This is absolutely tremendous and a MUST LISTEN for everyone. I plan to have Andy on for a podcast next week to discuss these things in greater detail. For now, however, please listen. Great stuff. https://kingworldnews.com/andrew-maguire-1-31-15/

infometron
Jan 31, 2015 - 4:42pm

@ Dyna Re: Palin

I'm sure there are many like me that do not have a 'rabid hatred' toward Palin, but rather are simply aghast that someone like her could come so close to occupying the most powerful position on Earth. I'm sure she is a great hockey mom, maybe even a good community organizer, that's not the point (it's bad enough Obama has).

@ AlienEyes, thanks, ditto.

heathbr
Jan 31, 2015 - 4:40pm

Chilly D Interview @Turd

He was focusing too much on buying gold at the peak of the US market, gold is breaking out in other currencies ... all he has to do is ask a Russian if he would rather hold rubles or gold ... also what about the stackers that have been buying gold and silver since they were $100 & $4?? I bet they could buy some property with those gains!

He was very nearsighted

bp9291
Jan 31, 2015 - 4:33pm

banker conversation

Had occasion to have a fairly lengthy phone conversation with an exe. vice pres. of a decently large privately owned bank, has numerous branches and is located in several cities of my home (very large) state. Have know this person for close to 30 years as he has been our go to banker for that long. He comes from a banking family and knows where the bodies are buried all the way back to the 30's depression.

I started out very cautiously as I didn't want him to think I have turned to a nut in my old age. Made a couple of statements about the unusual state of national and world economics, which lead him to state that things were ever bit as nuts as I thought and if anything worse. This guy deals with big money on a daily basis and we spent about 10 minutes on all matter of things economic and agreed pretty much down the line. After a while I offered out that I wanted to be off-book as much as possible which he agreed with then I spoke of the metals. He agreed but did state that he feels they are best to be viewed as a preserver of wealth and not a vehicle to get rich. Just maintaining will be much more important going forward than owning the big house on the hill.

To say the least I was very surprised and pleased, could have been a conversation with a member here. We both agree that politics is nothing but a diversion at this time as it has no real meaning as they are all the same. One positive sidelight is when I told my wife of this she was very impressed and is actually starting to listen to me a touch more. Has not exactly been on board with all this stuff for the past few years.

He also told me 3 or 4 times that what I was doing was correct, simply amazing. One other thing was this concept of negative interest (along with very high risk and very low yields) is not high on his list and something he is as surprisied about as me.

Basically there is just not any place in the system to safely put your money, they are all crooks

matt_
Jan 31, 2015 - 4:19pm

lund175 and cyclemadman

I agree. Just hoping for the best and preparing for the worst..

AlienEyes
Jan 31, 2015 - 4:15pm

Info

Ain't no thang, man. I know your head and heart are in the right place. Sorry it looked like I was shootin' at you.

cyclemadman
Jan 31, 2015 - 4:08pm

% would be much Higher

Yes, our percentage would be much higher if we were renting a place to live. We are in the same camp with you Matt, and can't think of anything better to put our money into.

I think even buying land at this point is risky even if you have the means to employ your own private army. I think the state is going to get much more out of control confiscating and nationalizing before it collapses completely.

I can stand in front of my stack and make them pay dearly for anything they want to take from us. I'm ready to meet my maker, are they?

Subscribe or login to read all comments.

Contribute

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 6/29

6/30 9:00 ET Case-Shiller home prices
6/30 9:45 ET Chicago PMI
6/30 10:00 ET Consumer Confidence
6/30 12:30 ET CGP and SSHW to Capitol Hill
7/1 8:15 ET ADP Employment
7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 2:00 ET June FOMC minutes
7/2 8:30 ET BLSBS
7/2 10:00 ET Factory Orders

Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
6/22 10:00 ET Existing home sales
6/23 9:45 ET Markit flash PMIs for June
6/23 10:00 ET New home sales
6/25 8:30 ET Q1 GDP final guess
6/25 8:30 ET Durable Goods
6/26 8:30 ET Pers Inc and Spending
6/26 8:30 ET Core inflation

Key Economic Events Week of 6/15

6/16 8:30 ET Retail Sales
6/16 8:30 ET Cap Ute and Ind Prod
6/16 10:00 ET Chief Goon Powell US Senate
6/16 4:00 pm ET Goon Chlamydia speech
6/17 8:30 ET Housing Starts
6/17 12:00 ET Chief Goon Powell US House
6/18 8:30 ET Initial Jobless Claims
6/18 8:30 ET Philly Fed
6/19 8:30 ET Current Account Deficit
6/19 1:00 pm ET CGP and Mester conference

Key Economic Events Week of 6/8

6/9 10:00 ET Job openings
6/9 10:00 ET Wholesale inventories
6/10 8:30 ET CPI for May
6/10 2:00 ET FOMC Fedlines
6/10 2:30 ET CGP presser
6/11 8:30 ET Initial jobless claims
6/11 8:30 ET PPI for May
6/12 8:30 ET Import price index
6/12 10:00 ET Consumer sentiment

Key Economic Events Week of 5/25

5/26 8:30 ET Chicago Fed
5/26 10:00 ET Consumer Confidence
5/27 2:00 ET Fed Beige Book
5/28 8:30 ET Q2 GDP 2nd guess
5/28 8:30 ET Durable Goods
5/29 8:30 ET Pers Inc and Cons Spend
5/29 8:30 ET Core Inflation
5/29 9:45 ET Chicago PMI

Key Economic Events Week of 5/18

5/18 2:00 ET Goon Bostic speech
5/19 8:30 ET Housing starts
5/19 10:00 ET CGP and Mnuchin US Senate
5/20 10:00 ET Goon Bullard speech
5/20 2:00 ET April FOMC minutes
5/21 8:30 ET Philly Fed
5/21 9:45 ET Markit flash PMIs for May
5/21 10:00 ET Goon Williams speech
5/21 1:00 ET Goon Chlamydia speech
5/21 2:30 ET Chief Goon Powell speech

Key Economic Events Week of 5/11

5/11 12:00 ET Goon Bostic speech
5/11 12:30 ET Goon Evans speech
5/12 8:30 ET CPI
5/12 9:00 ET Goon Kashnkari speech
5/12 10:00 ET Goon Quarles speech
5/12 10:00 ET Goon Harker speech
5/12 5:00 ET Goon Mester speech
5/13 8:30 ET PPI
5/13 9:00 ET Chief Goon Powell speech
5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
5/14 6:00 ET Goon Kaplan speech
5/15 8:30 ET Retail Sales and Empire State index
5/15 9:15 ET Cap Ute and Ind Prod
5/15 10:00 ET Business Inventories

Key Economic Events Week of 5/4

5/4 10:00 ET Factory Orders
5/5 8:30 ET US Trade Deficit
5/5 9:45 ET Markit Service PMI
5/5 10:00 ET ISM Sevrice PMI
5/6 8:15 ET ADP jobs report
5/7 8:30 ET Productivity
5/8 8:30 ET BLSBS
5/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 4/27

4/28 8:30 ET Advance trade in goods
4/28 9:00 ET Case-Shiller home prices
4/29 8:30 ET Q1 GDP first guess
4/29 2:00 ET FOMC Fedlines
4/29 2:30 ET CGP presser
4/30 8:30 ET Pers Inc and Cons Spend
4/30 9:45 ET Chicago PMI
5/1 9:45 ET Markit Manu PMI
5/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 4/20

4/20 8:30 ET Chicago Fed
4/21 10:00 ET Existing home sales
4/23 8:30 ET Weekly jobless claims
4/23 9:45 ET Markit flash PMIs
4/24 8:30 ET Durable Goods

Recent Comments

by TheFool, 15 min 10 sec ago
by gf, 20 min 41 sec ago
by Turd Ferguson, 28 min 40 sec ago
by Turd Ferguson, 33 min 20 sec ago
randomness