An Update from Max Porterfield of Callinex Mines


It was late April when we first introduced you to Max Porterfield and Callinex Mines. A few days ago, I had the opportunity to visit with Max again in order to get an update on their base and precious metal business.

And it has been a heck of a year in base metals, particularly the zinc that is the primary product of Callinex. Check this crazy chart:

So in this conversation, we spend some time discussing zinc...its fundamental uses and its intriguing set of supply/demand dynamics. But we also take some time to discuss copper, gold and silver as all three are by-products of zinc mining.

I think you'll find this to be a very interesting interview as it covers some topics that we don't regularly discuss here at TFMR.


"DISCLOSURE: This video was produced on behalf of Callinex Mines and funded by Gold Standard Media LLC. For the full disclaimer, please visit:"


J Siefert
Sep 26, 2016 - 9:01am
Sep 26, 2016 - 8:01am

"Seibert responded to report in Focus that Merkel has ruled out state assistance for Deutsche Bank. Merkel regularly meets German banking executives, Seibert says, declines to confirm a meeting with Deutsche Bank CEO John Cryan. Seibert reiterates Germany expects a "fair result" in Deutsche Bank talks with U.S. authorities. "

So is the Germans calling the US government's bluff? Fine them 14 billion, but if you do, we'll take down your financial system?

Sep 26, 2016 - 3:38am

October 1st: The Biggest

Chinese US treasury reserves - if you want to see the true scale of the liquidation of treasury bonds, redraw the chart but with the axis starting at zero, not 1210. Then you will see that the change is insignificant - the holding looks like a straight line.

To get you started, here are my approximates of the numbers reading from the chart, from June 2015 to June 2016.

1271, 1269, 1270, 1258, 1254, 1265, 1248, 1238, 1252, 1246, 1245, 1246, 1241

Whenever you see a chart and the axis is not crossing at zero, be skeptical. Lopping off the most of the column is a common way to exaggerate. You'll see politicians do this all the time.

Sep 26, 2016 - 3:29am

Here'a new one ... got legs?

Nah! Silverdoctors think this plane crash story is disinformation.

Besides which, her symptoms are all wrong for that, and all right for a blood clot on the brain. Her collapse on 9/11. Her eye movements. She had a stroke. She has a blood clot on the brain. And its not her first clot - others have been identified in her medical history.

Sep 25, 2016 - 9:12pm


Hillary will... be on Armour thyroid until she dies.... Armour thyroid is an extract of desiccated pig’s thyroid.

Sep 25, 2016 - 8:30pm
Sep 25, 2016 - 8:22pm

Good stuff cheap

I found this site a year ago... lots of good stuff cheap for preppers or cheap b@stards which there a few on this site, myself included. Just do a little research on Amazon, eBay, and Google to confirm it is a good deal. Not many items have been a disappointment. Everybody in my family love the memory foam bamboo pillows I bought. Solar lights have been great too. Sign up for the email notifications because the deals sell out.

Sep 25, 2016 - 7:55pm

The 2 year scavenger hunt

I took a log home building class Labor Day weekend which is geared for DIY average Joe's that want to build a beautiful custom built mortgage free log home for the least amount of money. Finding resource for pennies on the dollar is emphasized such as auctions, Craig's list, garage sales, flea markets, thrift stores, scrap from manufacturers that can be re-purposed, and of course using the bureaucratic process to your advantage on the bureaucrats in government. So ... I stopped in the local thrift store and didn't find any building tools but I did find a pair of these like new a size larger just right for layering for $5.99:

I also found a like new LL Bean Gore-Tex rain coat that had some kind of tournament sponsor on it for $8.99 that looks like it was never worn. That stays in the truck and if I have to crawl under the truck in the mud or put a tear in it who cares???

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Sep 25, 2016 - 4:44pm

Wells & more...

"The relentless propaganda of economic recovery isolated ‘the economy’ from the broader system of political and economic control and posed the heavily engineered up-cycle as a permanent new state of affairs. It also pitted the facts as lived by hundreds of millions of people against the insistence by the governments and central banks of the U.S., the E.U. and Britain that recreation of the circumstances that produced the prior three crises would somehow produce widely-shared and benevolent outcomes this time around. What the Wells Fargo ‘scandal’ renders evident is that what was recovered is the system of predatory finance that exists as institutionalized capitalist taking in the service of a tiny but powerful plutocracy."

Sep 25, 2016 - 3:36pm

Reason for Concern ?

I just read an Aug 9th company release that Callinex issued 1.8 mil preferred share options to be exercised by Aug 2021 at $.38/share. I own a small amount in my portfolio and may add but wanted to see if any share my concern. Thanks in advance.

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Key Economic Events Week of 1/18

1/19 10:00 ET Mother for SecTreas hearing
1/20 12:00 ET POTUS Inauguration
1/21 ECB meeting and rate decision
1/21 8:30 ET Housing Starts
1/21 8:30 ET Philly Fed
1/22 9:45 ET Markit flash PMIs (Jan)

Key Economic Events Week of 1/11

1/11 12:00 ET Goon Bostic speech
1/12 10:00 ET JOLTS job openings
1/13 8:30 ET CPI
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1/13 2:00 ET Beige Book
1/14 8:30 ET Import price index
1/14 12:30 ET Chief Goon Powell
1/15 8:30 ET Retail Sales
1/15 8:30 ET PPI
1/15 9:15 ET Cap Ute and Ind Prod
1/15 10:00 ET Business Inventories

Key Economic Events Week of 1/4

1/4 9:45 ET Markit manu PMI
1/4 10:00 ET Construction Spending
1/5 Georgia U.S. Senate election
1/5 10:00 ET ISM manu PMI
1/6 US election certification
1/6 8:15 ET ADP Employment Report
1/6 9:45 ET Markit service PMI
1/6 10:00 ET Factory Orders
1/6 2:00 ET December FOMC minutes
1/7 8:30 ET Trade Deficit
1/7 10:00 ET ISM service PMI
1/8 8:30 ET BLSBS
1/8 8:30 ET Wholesale Inventories

Key Economic Events Week of 12/21

12/21 8:30 ET Chicago Fed
12/22 8:30 ET Q3 GDP final guess
12/22 10:00 ET Consumer Confidence
12/23 8:30 ET Durable Goods
12/23 8:30 ET Personal Inc and Spending
12/23 8:30 ET Core Inflation

Key Economic Events Week of 12/14

12/15 8:30 ET Import Price Index
12/15 8:30 ET Empire State Index
12/15 9:15 ET Cap Ute and Ind Prod
12/16 8:30 ET Retail Sales
12/16 9:45 ET Markit flash PMIs Dec
12/16 10:00 ET Business Inventories
12/16 2:00 ET FOMC Fedlines
12/16 2:30 ET Chief Goon Powell presser
12/17 8:30 ET Philly Fed
12/18 8:30 ET Current Account Deficit
12/18 10:00 ET LEIII

Key Economic Events Week of 12/7

12/8 8:30 ET Productivity & Unit Labor Costs
12/9 10:00 ET JOLTS jop openings
12/9 10:00 ET Wholesale Inventories
12/10 8:30 ET CPI
12/11 8:30 ET PPI

Key Economic Events Week of 11/30

11/30 9:45 ET Chicago PMI
12/1 9:45 ET Markit Manu PMI Nov
12/1 10:00 ET ISM Manu PMI Nov
12/2 8:15 ET ADP Employment Report
12/3 9:45 ET Markit Services PMI Nov
12/3 10:00 ET ISM Services PMI Nov
12/4 8:30 ET BLSBS
12/4 8:30 ET US Trade Deficit Nov
12/4 10:00 ET Factory Orders

Key Economic Events Week of 11/23

11/23 9:45 ET Markit flash PMIs
11/23 1:00 ET Goon Daly
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11/24 9:00 ET Case-Shiller home prices
11/24 10:00 ET Consumer Confidence
11/24 11:00 ET Goon Bullard
11/24 12:00 ET Goon Williams
11/24 12:45 ET Goon Chlamydia
11/25 8:30 ET Q3 GDP 2nd guess
11/25 8:30 ET Durable Goods
11/25 10:00 ET Personal Inc and Spend
11/25 10:00 ET Core inflation
11/26 US Market holiday

Key Economic Events Week of 11/16

11/16 2:00 pm ET Goon Chlamydia
11/17 8:30 ET Retail Sales
11/17 8:30 ET Import Price Index
11/17 9:15 ET Cap Ute and Ind Prod
11/17 10:00 ET Business Inventories
11/17 1:00 pm ET Chief Goon Powell
11/18 8:30 ET Housing Starts
11/18 1:20 pm ET Goon Bullard
11/19 8:30 ET Jobless claims
11/19 8:30 ET Philly Fed

Key Economic Events Week of 11/9

11/9 1:30 pm ET Goon Mester
11/10 7:30 am ET Goon Kaplan
11/10 10:00 ET JOLTS job openings
11/10 10:00 ET Goon Rosengren
11/11 Veteran's Day. Bond market closed.
11/12 8:30 ET CPI
11/12 11:45 ET Chief Goon Powell
11/12 2:00 pm ET Federal budget
11/13 7:00 ET Goon Williams
11/13 8:30 ET PPI
11/13 8:30 ET Goon Bullard
11/13 10:00 ET Consumer sentiment

Forum Discussion

by canadapleasure, 2 hours 26 min ago
by scoremore, Jan 19, 2021 - 10:56pm
by murphy, Jan 19, 2021 - 10:29pm
by scoremore, Jan 19, 2021 - 10:16pm
by scoremore, Jan 19, 2021 - 10:11pm