A2A with Andy Hoffman of Miles Franklin

53

Coming at a time of peak jawboning by The Fed and peak price manipulation by The Cartel Banks, today's webinar with Andy Hoffman could not have been more beneficial. You simply MUST take time to listen to this recording.

Over the course of this call, Andy addresses a number of listener questions, including the current, disastrous global central bank policies and the ongoing precious metal price manipulation that has utterly destroyed the mining industry.

Additionally, Andy references these links and I strongly encourage you to read them all:

Again, this recording is a MUST LISTEN for everyone. We'll make it public tomorrow so that it receives wide dissemination over the weekend, too.

TF

  53 Comments

Blythesshrink
Oct 29, 2015 - 4:30pm

Looking forward to listening

Looking forward to listening to this tonight. With the current COT structure, when we've seen these bearish extremes previously, the downleg that follows has usually lasted a couple of months and for silver at least, seen a $3 price drop. The price drop that happens presumably is dependent upon how quickly the cartel are willing/able to close out their shorts and buy new longs so watching the open interest and cot structure change as price drops back will be interesting. Hopefully we're going to see the cot looking bullish once price drops back to the support lines. If we breach them, then maybe we're going to new lows in another deflationary wave. They normally try and drive the metals down into the end of the quarter, that would mean we won't see another proper up leg until Jan.

freemarkettrader Blythesshrink
Oct 29, 2015 - 4:42pm

@Blythesshrink Agreed

I think you are spot on with your analysis. I've stated as much in a comment/question to TF last week:

https://www.tfmetalsreport.com/comment/298957#comment-298957

I think that we could indeed see silver at a new low i.e. somewhere in the $13s and gold at $1045-50ish

Paganini
Oct 29, 2015 - 4:54pm
Paganini
Oct 29, 2015 - 4:59pm
4 oz
Oct 29, 2015 - 5:47pm

Giving Silver for Christmas 2015~~~~~

Going to my parents and also to my Sister and Brother------

And for each of the Nieces and Nephews----

Not completely done yet, but darn close...like getting while the getting is good; Plus being done way ahead of time keeps me outta the long lines and bad weather too!

cashonly
Oct 29, 2015 - 6:35pm

enjoyed the podcast

I have always like Andy and I am glad we have folks like Andy on our side! The mining situation looks is grim and I imagine if they start going under the Steve Liesman will announce that "folks just aren't buying the metals anymore".

BOJ owning 52% of the ETFs is just mind blowing! This is how bad it really it is and sadly it is only going to get much, much worse. Central planning is synonymous with "FAILURE". Only took a little over 100 years to find that out.

Nice job with silver put Turd, you may as well make some fiat with your analysis! Great ATA, thanks!

Oct 29, 2015 - 8:38pm
lakedweller2
Oct 29, 2015 - 8:39pm

A2A

Most excellent

canary
Oct 29, 2015 - 8:39pm

I can't imagine gold/silver ...

...being allowed to "shine" before the big December delivery month for both metals.....That could be also the cartel's motive for that huge short OI buildup........I'm prepared for a loooooooonnnnnggggg November.

And the black swans are molting....not ready to fly yet.

Oct 29, 2015 - 8:50pm

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