A2A with Alasdair Macleod of GoldMoney

100

Our friend, the wise and learned Alasdair Macleod of GoldMoney, stopped by TFMR earlier today to discuss ZIRP, NIRP and all things gold.

Alasdair was extraordinarily generous with his time today and we should all be extremely grateful. Among the topics covered:

  • Central Bank policy and the likelihood of interest rate hikes
  • The greater likelihood of negative interest rate policy (NIRP), instead
  • The concept of making cash illegal and/or scarce
  • China's intentions and the actual size of their gold holdings
  • Hyperinflation as a reflection of lost confidence in fiat currency

As a basis for the discussion, I strongly urge you tor review these three links:

Please try to make time to listen to this entire podcast. You won't be disappointed.

TF

p.s. I hope to have a BitGold-only discussion very soon. In the meantime, you can check out their services by clicking here: https://BitGold.com/r/TlY5pO

  100 Comments

Picabo
Oct 1, 2015 - 2:45pm

I could have said first

but chose not to

Mr. Fix
Oct 1, 2015 - 2:48pm

1st

Now I'm really really glad I renewed my gold membership last night!

Thank you Turd for all you do here,

LostMind
Oct 1, 2015 - 2:48pm

Fiorinied

Fiorina:

10.2% — "Smart/Intelligent/Knowledgeable"
5.6% — "Dishonest/Liar/Untrustworthy"
5.1% — "Strong/Tough"
4.6% — "Favorable/Okay/Like"
3.8% — "Idiot/Evil/Joke/Cold"
3.1% — "Unfavorable/Dislike"
2.9% — "Businesswoman/HP/CEO/Professional"
2.7% — "Determined/Enthusiastic/Go-getter"
2.1% — "Honest/Trustworthy"
1.7% — "Uninformed/Clueless"
1.7% — "Outspoken/Assertive/Direct"
1.6% — "Capable/Competent"
1.4% — "Aggressive"
1.4% — "Inexperienced"
1.1% — "Ambitious"
1.1% — "Caring/Thoughtful/Fair"
1.0% — "Nice/Sincere"
0.9% — "Republican
0.9% — "Leader"
0.9% — "Interesting"
0.8% — "Failure"
0.8% — "Unqualified"
0.7% — "Incompetent"
0.7% — "Questionable"
0.6% — "Female/Woman"
0.4% — "Impressive"
0.3% — "Dependable"
4.6% — Other
37.3% — Don't know/refused

Swineflogger
Oct 1, 2015 - 2:48pm

4th

Sorry Marchas . . .

LostMind
Oct 1, 2015 - 2:49pm

Trumped

The full one-word descriptions for Trump and Fiorina can be found below.

Trump:

9.8% — "Idiot/Jerk/Stupid/Dumb"
6.0% — "Arrogant"
5.6% — "Crazy/Nuts"
4.7% — "Buffoon/Clown/Comical/Joke"
4.3% — "Unfavorable/Dislike him"
4.1% — "Egotistical/Narcissist/Selfish"
3.8% — "Bombastic/Showoff/Pompous"
3.1% — "Outspoken/Frank/Opinionated"
2.9% — "Entertaining/Entertainer"
2.7% — "Businessman/Successful"
2.7% — "Honest/Trustworthy/Truthful"
2.7% — "Cunning/Untrustworthy/Dishonest"
2.6% — "Blow hard/Boisterous"
2.6% — "Favorable/Like him"
1.8% — "Exhilarating/Exciting/Ballsy"
1.7% — "Aggressive"
1.5% — "Blunt/Brash"
1.4% — "Big mouth/Mouthy"
1.3% — "Unqualified/Incompetent"
1.2% — "Bully"
1.2% — "Disgusting/Despicable/Horrible"
1.1% — "Bigot/Racist"
1.1% — "Intelligent"
1.1% — "Rich"
1.0% — "Bold/Brave"
0.9% — "Obnoxious"
0.9% — "Ridiculous"
0.8% — "Different"
0.8% — "Competent/Capable/Intelligent"
0.7% — "Rude"
0.7% — "Leader"
0.6% — "Confident"
0.5% — "Scary"
0.4% — "Ignorant"
11.2% — Other
10.5% — Don't know/refused

Its all in the polling ;-) https://finance.yahoo.com/news/poll-asked-voters-describe-donald-1738478...

s1lverbullet
Oct 1, 2015 - 2:53pm

Top 10!

!!!

AJwhiteshirt
Oct 1, 2015 - 3:30pm

CNBC/Reuters

Mainstream finally picked up the story on the silver supply squeeze.

https://www.cnbc.com/2015/10/01/silver-coin-shortage-shows-bright-side-o...

Over and out!

LostMind
Oct 1, 2015 - 3:59pm
CC Horses
Oct 1, 2015 - 4:46pm

Silver Shortage Reaches New Level

Posted 9/29/15 at Sd Bullion - Apologies if already posted

Silver Shortage Reaches New Level: RCM Turns to Sunshine Mint for Help

https://thenewsdoctors.com/silver-shortage-reaches-new-level-rcm-turns-to-sunshine-mint-for-help/

Current availability and premiums at SDBullion:

2015 Silver Eagles: 17 Monster Boxes Available $4.65 over spot
2015 Silver Eagles Delayed: 25 Monster Boxes Available $4.57 over spot
Bombay Hook Silver ATB: Only 5 Monster Boxes Left- pre-sale expected to ship by 10/9
2015 Silver Maples: 10 Monster Boxes Available $3.69 over spot
2015 RCM Great Horned Owl: Out of Stock- Next Allocation expected 10/17
2016 Australian Kangaroo: 21 Monster Boxes Available $2.49 Over spot
100 oz Silver RCM Bar: .99 Over Spot- 2-3 week delay
100 oz Silver OPM Bar: .84 Over Spot – 2 week delay
10 oz Silver RCM Bar: Unknown Production Delay at Royal Canadian Mint
10 oz Silver Sunshine Bar: $1.39 Over spot – Less than 200 bars remaining
10 oz Silver NTR Bar: .99 over spot, 3-4 week delay
1 oz Sunshine Walking Liberty Silver Rounds: Out of Stock – Next allocation expected in Tuesday 10/6
1 oz Silver OPM Rounds: $1.19 Over Spot, 4 week delay
1 oz Silver Incuse Indian Rounds: $.99 Over Spot, 4 week delay
Silver Shield Collection: Numerous BU Products Live in Limited Quantities
90% Silver: Out of Stock- Limited Inventory Expected in ~ 2 weeks
Silver Britannia: Limited Supplies Remain- Royal Mint Has Shut Down Production for 2015
Silver Libertads: Limited Supplies Remain- Banco De Mexico Has Shut Down Production for 2015
Silver Pandas: Limited Supplies Remain- Chinese Mint Has Shut Down Production for 2015
New Zealand Mint Great White Shark: $2.99 Over spot, Limited Supplies Remain

The Doc recently held a private conversation with the VP of one of the top 3 US precious metals wholesalers, and he advised that the current investment silver shortage is unlike anything he has EVER witnessed in 30 years of experience in the physical precious metals markets.

Dr. P. Metals
Oct 1, 2015 - 5:00pm

And yet

Silver price goes down endlessly. We are caught in a distorted haunted house of horror mirrors with no way out. Someone, please break a mirror! Anywhere!

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 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

Key Economic Events Week of 8/5

8/5 9:45 ET Markit services PMI
8/5 10:00 ET ISM services PMI
8/6 10:00 ET Job Openings
8/8 10:00 ET Wholesale Inventories
8/9 8:30 ET Producer Price Index

Key Economic Events Week of 7/29

7/30 8:30 ET Personal Inc/Spending & Core Inflation
7/30 10:00 ET Consumer Confidence
7/31 8:15 ET ADP employment
7/31 2:00 pm ET FOMC Fedlines
7/31 2:30 pm ET CGP presser
8/1 9:45 ET Markit Manu PMI
8/1 10:00 ET ISM Manu PMI
8/2 8:30 ET BLSBS
8/2 10:00 ET Factory Orders

Key Economic Events Week of 7/22

7/23 10:00 ET Existing home sales
7/23 10:00 ET Richmond Fed Manu Idx
7/24 9:45 ET flash Markit PMIs
7/25 8:00 ET Count Draghi/ECB policy meeting
7/25 8:30 ET Durable Goods
7/25 8:30 ET Wholesale Inventories
7/26 8:30 ET Q2 GDP first guess

Key Economic Events Week of 7/15

7/15 8:30 ET Empire State Fed Index
7/16 8:30 ET Retail Sales and Import Price Index
7/16 9:15 ET Cap Ute and Ind Prod
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts and Building Permits
7/18 8:30 ET Philly Fed
7/19 10:00 ET Consumer Sentiment

Key Economic Events Week of 7/8

7/9 8:45 ET Fed Stress Conference, three Goon speeches
7/10 8:30 ET CGP Hump-Hawk prepared remarks
7/10 10:00 ET CGP Hump-Hawk House
7/10 10:00 ET Wholesale Inventories
7/10 2:00 ET June FOMC minutes
7/11 8:30 ET CPI
7/11 10:00 ET CGP Hump-Hawk Senate
7/11 12:30 ET Goon Williams
7/12 8:30 ET PPI

Key Economic Events Week of 7/1

7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 10:00 ET Construction Spending
7/2 6:35 ET Goon Williams
7/3 8:15 ET ADP June employment
7/3 8:30 ET Trade Deficit
7/3 9:45 ET Markit Services PMI
7/3 10:00 ET ISM Services PMI
7/3 10:00 ET Factory Orders
7/4 US Market Holiday
7/5 8:30 ET BLSBS

Key Economic Events Week of 6/24

6/25 10:00 ET New Home Sales
6/25 1:00 pm ET Chief Goon Powell
6/25 5:30 pm ET Goon Bullard
6/26 8:30 ET Durable Goods
6/27 8:30 ET Q1 GDP final guess
6/28 8:30 ET Personal Income and Consumer Spending
6/28 8:30 ET Core Inflation
6/28 9:45 ET Chicago PMI

Key Economic Events Week of 6/17

6/18 8:30 ET Housing Starts and Building Permits
6/19 2:00 ET FOMC Fedlines
6/19 2:30 ET CGP presser
6/20 8:30 ET Philly Fed
6/21 9:45 ET Markit flash June PMIs

Recent Comments

by Belladonna, 14 min 55 sec ago
by Dr Jerome, 1 hour 4 min ago
by mavens, 1 hour 11 min ago
by Blythesshrink, 1 hour 35 min ago

Forum Discussion

by sierra skier, 5 hours 39 min ago
by NW VIEW, 6 hours 40 min ago
by Porros, Aug 21, 2019 - 5:00am
by sierra skier, Aug 20, 2019 - 5:12pm
by zman, Aug 20, 2019 - 4:53pm