A2A with Bill Holter


Just a great call earlier today illustrating why we host these webinars in the first place. Bill spent nearly an hour answering a wide array of questions from a large group of listeners. Great stuff and you should definitely take the time to listen yourself.

Over the course of the call, Bill addresses topics such as:

  • The Greek situation
  • The OCC report last week showing the exponential increase in commodity derivatives
  • Yesterday's internet and system "glitches"
  • How to protect yourself against confiscation and/or confiscatory taxes
  • And much, much more

Again, this is a lenghthy call so break it up into separate sittings if you need to. Just be sure to take the time to give this a thorough listen. You won't be disappointed.



Safety Dan
Jul 10, 2015 - 12:07am

China sees surge in precious

China sees surge in precious metal trading
Staff Reporter 2015-07-07 17:15 (GMT+8)


“China recently saw trades of precious metals hit new highs and several companies introduced new investment products that are more accessible to average investors, according to the Guangzhou Daily.
The Shanghai Gold Exchange (SGE) posted a record trading volume of 48.33 million grams in a single day in late June, even though global gold prices remain bearish, the paper said…

Several precious metals trading platforms in China have also witnessed a rebound and record trading volumes since mid-May, the newspaper reported. The Guangdong Precious Metals Exchange said the number of institutional investors more than tripled from a year earlier, while trading volume in June nearly doubled from last year.
To generate more profits in a bear market, 24% of the precious metals trading platforms in China have introduced energy-related products and some have even opened trading in recent months in rare agricultural products such as ginseng, the report said.

Meanwhile, the SGE, which has led markets in gold trading volume for the past eight years, is seeking greater price-setting power and is set to launch the Shanghai-Hong Kong Gold Connect program on July 10, which will bring in more foreign investors, the newspaper said…”

The sweet irony of the price supression
Tastes sweeter with more repression.
Bank interventions look uglier still,
Causing Asian platforms to fill-
Ingredients for a price correction.



Interesting article regarding China wanting to ‘take-over’ the reins from New York and London. Here is an excerpt from the article…

“Control over the gold price is exercised in New York and London, leaving China at the mercy of those two centers,” he said.

So despite China’s huge presence in the physical market, it hasn’t had much control over the global gold price.

Having New York and London as the price-setting locations has “kept gold prices well below the level of demand and supply should reflect,” Phillips said. China does not want an uncontrolled gold price, but it also “does not want the U.S./U.K. to have control over this market if they are minor players.”


Safety Dan
Jul 10, 2015 - 12:04am

First Gold Manipulation, Now

First Gold Manipulation, Now Silver? - Lead Researcher In Libor Case

First Gold Manipulation, Now Silver? - Lead Researcher In Libor Case

Published on Jul 9, 2015

After suggesting there was collusive behavior in the gold market in a draft research paper that made headlines, economist and professor, Rosa Abrantes-Metz is shifting her focus to silver. Joining Kitco News in studio, Global Economics Group's managing director talks about her new study, which highlights unusual trading patterns in silver futures markets. "Looking into CME futures settlement prices, I found several unusual patterns. I find that prices move in the opposite direction from the rest of the market returns very often, particularly while silver prices are moving upwards,” Metz explains. She adds that she has found “drastic increases in volume traded in the space of one minute,” and “very sharp price movements.” Metz’s 2008 paper “Libor Manipulation?” helped uncover the rigging of the Libor. The interest rate manipulation scandal set off a slew of other investigations, including precious metals and currencies. Tune in now to find out what markets she thinks regulators will target next. Kitco News, July 9, 2015.

However, I won't hold my breath...

Jul 9, 2015 - 11:56pm

DXY Triangle

Closes in September ... Hike or no Hike ... coincidence?

What do you think?

Jul 9, 2015 - 11:36pm

Main Marketwatch headline re: Gold

Check out the main headline on Marketwatch.com: "China Wants More Control Over Global Gold Market". Looks like the idea may be making its way into the mainstream.

Here's a link to the article: https://www.marketwatch.com/story/china-wants-to-steal-gold-market-reins-from-new-york-london-2015-07-09

Jul 9, 2015 - 11:33pm


Lead researcher In Libor rigging case shifting her focus to the Silver market;

First Gold Manipulation, Now Silver? - Lead Researcher In Libor Case
Jul 9, 2015 - 11:13pm

Sorry Richard

You cant have it both ways! Either have laissez faire markets or completely controlled.

This has been the problem since 1913, central planners. Perhaps if people had a choice as to where their savings and investment were placed, say precious metals and not coerced into a Ponzi scheme, you wouldn't need prop up this market!

"The Chinese have been instituting all sorts of gimmicks in an effort to halt their stock market decline. For instance, anyone who owns 5% of a stock is not allowed to sell that stock. Happily, the Chinese authorities have been able to stem the decline. This has rubbed off on the US market, which is on the upside as I write."


Jul 9, 2015 - 11:00pm

Danny B

stockman, Armstrong and prepping

David Stockman is in fine form. He says that the Greek referendum lit the fuse on the bomb under the ECB. It Is NOT Priced-In, Stupid! | David Stockman's Contra Corner
Martin Armstrong; " PLAN B should be an amount of cash that is enough to live on for at least one month if not three months insofar as basic essentials, not mortgages, etc. Effectively this is food money and gas for the car"
How Much Cash Should One Have Outside of the Banks? | Armstrong Economics
"Our corporate clients have increased their cash positions tremendously in preparation for 2015.75. They learned their lesson from 2007.15 and do not want to get caught in a liquidity crisis. Hence, they have increased their cash position albeit in banks."

Zero Hedge has a good article on why it is a good idea to prepp; "During the Great Depression, millions of people died of starvation and general poverty, despite the incredible number of people with rural survival knowledge. What do you think would happen to our effeminate; metrosexual; iPhone-addicted; lisping; limp-wristed; self-obsessed; Twitter-, texting-, video game-addled; La-Z-Boy-riding; overgrown-child culture in the event that another economic crisis even remotely similar were to occur? Yes, most of them would die, probably in a horrible fashion."

The anti-preppers explain that preppers are all feeble minded conspiracy theorists that believe in ridiculous stuff like chemtrails; Be prepared for Preppers | Range Rover | Pique Newsmagazine | Whistler, CANADA
These people are going to provide a LOT of entertainment,,,sad but, entertaining.


Jul 9, 2015 - 10:51pm

If they bail on the euro

Expect a whole lot of Greek gold to hit the market!

gamble gamble

this is the modern day plague!

Jul 9, 2015 - 10:10pm

Full bore Iceland mode

Greece had a prior chance to follow the Iceland method following the 2009 Greek crisis. Now they have a second chance to get out of the role of debt slaves to the EU.

Should they go this route though it could make the Ukraine situation look like a picnic by comparison. Talk about being between a rock and a hard place.

Danforth Coxwell
Jul 9, 2015 - 9:54pm

Oh that's just

plain "Goofy"

p.s. I just had to do it.

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 10/26

10/27 8:30 ET Durable Goods
10/27 10:00 ET Case-Shiller home prices
10/27 10:00 ET Consumer Confidence
10/27 10:00 ET Richmond Fed
10/28 8:30 ET Advance Trade in Goods
10/28 8:30 ET Wholesale Inventories
10/29 8:00 ET ECB monetary policy stmt
10/29 8:30 ET Q3 GDP first guess
10/30 8:30 ET Personal Income and Spending
10/30 8:30 ET Core Inflation
10/30 10:00 ET UMich Consmer Sentiment

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

Forum Discussion

by FrankMUQAQ, 2 hours 23 min ago
by HappyNow, 11 hours 2 min ago
by 11IMIX, Oct 28, 2020 - 8:49pm