A2A with Rob Kirby

78

2016 has begun with a bang and much of the volatility is due to global derivative exposure. With that in mind, what better time than now for another A2A webinar with bond trading and derivative expert, Rob Kirby.

Over the course of this 48-minute presentation, we tried to answer as many of your questions as possible. Some of the topics discussed include:

  • The meltdown at DeutscheBank. What could be causing it and what it might foreshadow.
  • The global sovereign liquidation of treasuries and how/why rates have barely budged.
  • The "oil patch" exposure for the Canadian banks and which banks might be at most risk to collapsing oil prices.
  • The fragile nature of the current precious metal paper derivative pricing scheme and what you can do to protect yourself from its inevitable collapse.
  • And much, much more.

Thanks again to Rob for being so generous with his time today and we look forward to speaking with him again soon. His expertise is sorely needed as we all attempt to navigate this "year of consequence".

TF

  78 Comments

infometron
Jan 28, 2016 - 10:59pm

@s1lverbullet Re: OMG

Holy Moly! I just noticed that too! from ~118.5 to almost ~121.5 (tapping the 200 MDA) in two minutes!! Edit: Retreating back down to ~120.25 within 15 minutes or so...

TPTB don't want a poor monthly close on the dow and s&p by the looks of it, and they probably sure don't want gold and silver to look like better investments than stocks!

Apparently the BOJ has just announced negative interest rates! Could just be another rumour, like the purported, but false, Russian Saudi oil production agreement. The Nikkei is also responding as one might expect... up up and away...

joeblack
Jan 28, 2016 - 10:59pm

Craig ...

what do you have for support for gold?

tenacious
Jan 28, 2016 - 11:09pm

BOJ now confirming they are going down the NIRP hole

You'd think some time in the last 20 years they'd learn that none of their brilliant monetary schemes actually work. Like I can understand screwing up once or even twice but at some point you'd think they would get the memo.

Jan 28, 2016 - 11:09pm
lakedweller2
Jan 28, 2016 - 11:10pm

Negative #s

I guess gold doesn't bottom until it is a negative # like your upcoming savings account. Jail has always been the solution.

Gamble
Jan 28, 2016 - 11:10pm

This could be it

It won't be able to keep these plates turning !

Gamble looney tunes gamble

joeblack
Jan 28, 2016 - 11:11pm

It may not matter much with

It may not matter much with total USDJPY and HFT-algo madness but watch the 100-day at 1107 and, of course, our old pal 1104.

s1lverbullet
Jan 28, 2016 - 11:12pm

Nucking Futs

S$P futures just gave back all the USDJPY gains. USDJPY now back under 120 and fading hard.

We need an acronym for the USDJPY like we use the POSX for the USD index. Maybe the FUBAR index? The S&P's bitch?

Gamble
Jan 28, 2016 - 11:13pm

Yes, connect the dots

BoJ must know that the PBoC will continue to devalue. This, in turn, places upward pressure on the yen, as we've seen. This goes against everything the BOJ wants and has worked for...so...what do they do? They attempt to beat the Chinese to the punch! The formalize NIRP in the effort to re-ignite yen weakness.

Danforth Coxwell
Jan 28, 2016 - 11:22pm

I wonder how the CSI 300 will…...

react when they reopen after lunch.

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events Week of 7/22

7/22 8:30 ET Chicago activity index
7/23 10:00 ET Existing home sales
7/24 9:45 ET flash Markit PMIs
7/25 8:30 ET Durable Goods
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

Key Economic Events Week of 6/10

6/11 8:30 ET Producer Price Index
6/12 8:30 ET Consumer Price Index
6/13 8:30 ET Import Price Index
6/14 8:30 ET Retail Sales
6/14 9:15 ET Cap Ute and Ind Prod
6/14 10:00 ET Business Inventories

Key Economic Events Week of 6/3

6/4 All day Fed conference in Chicago
6/4 10:00 ET Factory Order
6/5 9:45 ET Markit Services PMI
6/5 10:00 ET ISM Services PMI
6/6 8:30 ET US Trace Deficit
6/7 8:30 ET BLSBS
6/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 5/28

5/28 10:00 ET Consumer Confidence
5/30 8:30 ET Q1 GDP 2nd guess
5/31 8:30 ET Personal Income and Consumer Spending
5/31 8:30 ET Core Inflation
5/31 9:45 ET Chicago PMI

Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Forum Discussion

by Green Lantern, 58 min 20 sec ago
by NW VIEW, 3 hours 43 min ago
by sierra skier, 4 hours 21 min ago
by NW VIEW, 6 hours 48 min ago
randomness