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.

freemarkettraderBlythesshrink
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

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 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 10/21

10/22 10:00 ET Existing home sales
10/24 8:30 ET Durable Goods
10/24 9:45 ET Markit flash PMIs
10/24 10:00 ET New home sales
10/25 10:00 ET Consumer Sentiment

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Forum Discussion

by NW VIEW, 56 min 53 sec ago
by Green Lantern, 1 hour 51 min ago
by silver66, 2 hours 23 min ago
by Green Lantern, 4 hours 9 min ago
by NW VIEW, 4 hours 17 min ago
randomness