A2A with Alasdair Macleod of GoldMoney


Earlier today, Alasdair Macleod stopped by for an extremely insightful discussion of Brexit, negative rates and the future price of gold.

What a treat to have Alasdair return for another webinar. Few commentators in gold sphere possess such keen analytical skills AND the ability to express analysis coherently. Over the course of this 57-minute call, Alasdair addresses:

  • the possibility of a "Brexit" from the EU this summer (link to Alasdair's latest: https://www.goldmoney.com/brexit-and-a-hanseatic-league)
  • the global move to eliminate cash
  • how negative interest rates are effecting gold and silver as well as all commodities
  • which institutions are actually buying all of the negatively-yielding government debt
  • why Bitgold/GoldMoney offers such an attractive proposition for anyone looking to save in gold

Please take the time to give this recording a thorough listen. There's A LOT of quality information here and you don't want to miss any of it.



Mar 3, 2016 - 3:04pm

Updated charts

Updated charts ahead of tomorrow's extraordinarily important BLSBS and accompanying price action:

Mar 3, 2016 - 3:09pm


pass the who hash, please! now to listen

Mar 3, 2016 - 3:09pm


Hit 1260. It's on baby.

Mar 3, 2016 - 3:10pm


edit: sloppy seconds

Mar 3, 2016 - 3:14pm

To be precise

The Apr16 gold intraday high of February 11 was $1263.90

Mar 3, 2016 - 3:20pm


Silver closing the gap

Mar 3, 2016 - 3:21pm


Where are you! Doin the RALLY DANCE?

Mar 3, 2016 - 3:23pm

There it is

As you know, I was really doubtful that we'd make a new high before a CoT-related pullback, but here it is:

And gold immediately ran some buy-stops. HAHAHAHA suckers!!!

New high is $1267.20

Mar 3, 2016 - 3:27pm

Actual Comex close today for

Actual Comex close today for the Apr16 was $1258.20. High so far this afternoon is $1268.90. Looks/feels like Friday Feb 5.

Mar 3, 2016 - 3:27pm

Updated HUI chart

The technically bullish "ass kicking" pattern was observed on the HUI chart today.

Mar 3, 2016 - 3:29pm

Caps Stop At NYMEX Close!

The Gold 1258 and Silver 15.15 caps abruptly stop at NYMEX close.


47 Protons
Mar 3, 2016 - 4:06pm


You should all know that gold is on a tear because I want to open a BitGold acct & fund it (with their nice little 5% bump in funding as a signup thank you)... so, that would for sure cause gold to go up up up!


Mar 3, 2016 - 4:17pm

@matt_ Re: technical pattern

ROTFLMAO!!! H/Tx1000!!!

Mar 3, 2016 - 4:17pm


Do you feel like doing a short podcast today and let us know what you're thinking before Jobs tomorrow?

Mar 3, 2016 - 4:41pm

Thanks in advance Turd and Alasdair

i have been hesitant to wade thru all the media crap to try and figure out what is really going on with the Brexit. Looking forward to hearing Alasdair's SITREP on the matter. thanks again gents!

Mar 3, 2016 - 5:02pm


Sorry Texmex66 no more posting in the top 10 I hate to upset the apple cart. Hell their just like the controlling politicians. Maybe I should call the the Turdite Police.Lol Keep Stacking

Mar 3, 2016 - 5:19pm


Most of the small and mid caps are just now experiencing golden crosses. There should be another leg up here soon to confirm. If gold extended then the HUI is going to 190-200 before taking a breather. It's looking more likely.

Dyna mo hum
Mar 3, 2016 - 5:20pm
Mar 3, 2016 - 5:27pm
Mar 3, 2016 - 5:55pm
Mar 3, 2016 - 5:56pm


I wanted to apologize for posting third. And then for not saying third, or whatever it is. I am pretty new and respect the traditions. I was just excited because I knew gold was breaking out and didn't notice there weren't many posts. Anyway, go gold. And March Slv calls !!

Mar 3, 2016 - 6:18pm

I really don't think it's necessary

Should be quite clear to everyone by now.

Just watch the black trend arrow and the blue secondary line.

Mar 3, 2016 - 6:35pm

I see miners going up, up, up...

And I think that part of that must be short covering.

Mar 3, 2016 - 6:45pm

And the GLD magically adds

And the GLD magically adds another 4.76 mts of "gold" to its "inventory" today. This brings the total alleged "inventory" up to 793.33 mts.

For those keeping score at home...

That's 30.93 mts so far this week.

That's 150.96 mts year to date.

And 163.16 mts since the recent low "inventory" of just 630.17 mts seen on 12/17/15.

Now, if you actually believe that the GLD has somehow sourced over 163 metric tonnes of clear, unencumbered gold in less than three months...(keeping in mind that that's more than half of what Germany is attempting to repatriate over seven years)

As a visual aid, 163 mts is 68 of these pallets, stacked with 192 London Good Delivery Bars measuring 400 oz each:

Boo-bemi TF
Mar 3, 2016 - 7:02pm

It would make my day if we

It would make my day if we suddenly hear tonight that the GLD was discovered to be posting fraudulent numbers and was being shut down. So sick of all these lies!

Mar 3, 2016 - 7:03pm

One more thing about the GLD

As mentioned above, the low "inventory" was 630.17 mts on Dec 17, 2015. The very next day, the first magical addition showed up to the tune of a whopping 18.74 metric tonnes. This raised "inventory" to 648.91 and it was the first addition to "inventory" since a 3.57 mts deposit on October 19th...two months earlier!

Hmmm...I wonder how that looks on the daily chart?

Well, whaddayaknowaboutthat?

(And in case you're wondering...Yes, we did make note of this at the time: https://www.tfmetalsreport.com/comment/422694#comment-422694)

Mar 3, 2016 - 7:14pm

Wall street dolphin

Central bwanksters should take heed as well...


As for the politicians...


My apologies for being overly gracious

PS. I make partial amends below

Mar 3, 2016 - 7:18pm

but this is what I'm really waiting to see


find the bwankster in this photo...

Mar 3, 2016 - 7:24pm


has been in a Bull Market since it became money! Currency, well it's convertible until it's not.

Mar 3, 2016 - 7:30pm
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Key Economic Events Week of 2/11

2/12 12:45 ET GCP speaks
2/13 8:30 ET CPI and three Goon speeches
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Key Economic Events Week of 2/4

2/5 8:30 ET Trade Balance
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2/5 9:00 pm ET Trump SOTU
2/6 8:30 ET Productivity and Unit Labor Costs
2/6 7:00 pm ET CGP speech
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Key Economic Events Week of 1/28

1/29 10:00 ET Consumer Confidence
1/30 8:30 ET Q4 GDP first guess
1/30 2:00 ET FOMC fedlines
1/30 2:30 ET CGP presser
1/31 8:30 ET Personal Inc, Cons. Spending and Core Inflation
1/31 9:45 ET Chicago PMI
2/1 8:30 ET BLSBS
2/1 9:45 ET Markit Manu PMI
2/1 10:00 ET ISM Manu Index
2/1 10:00 ET Construction Spending

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