TFMR Podcast - Tuesday, January 31


A very interesting day today as major POSX weakness sent both Comex Digital Metals soaring higher. But let's not get ahead of ourselves. Tomorrow brings the FOMC Fedlines and the BLSBS is still looming for Friday. Regardless, though, this was a good day.

Just how good of a day was it? See below:

Next, after a general discussion of the day's events, we begin the chart parade with these two looks at the POSX:

And we also dissect the all-important USDJPY:

Here are updated looks at Comex Digital Gold (CDG) and Comex Digital Silver (CDS):

And we close with surging copper and a grinding HUI:

Lastly, don't forget that it's Tuesday. This means that if you're free at 10:00 pm EST tonight, you can stream John Batchelor and Professor Cohen through either of these links: OR I strongly encourage you to listen live if you can as the situation on the ground in Donetsk appears to be heating up by the day.

More tomorrow,



Feb 3, 2017 - 8:26am


I sure do, the best and easiest verifier out there. Keep Stacking

Feb 1, 2017 - 1:15pm


I had a good laugh at the protestation that Japan does not intervene in the Forex market. They're in there every day and their influence is co-ordinated (directed) by the Fed, as they are a client state.

I guess the only way they don't influence the market is because they are only following direction.

CC Horses
Feb 1, 2017 - 1:08pm


Testing All My Poured Silver To Verify it's Pure 999 Fine Silver!
My Review & Testing of the Sigma Metalytics Gold & Silver Verifier

Using Sigma Metalytics Precious Metals Verifier Instrument

I think Charlie uses this one

11 minute video

Nick ElwaySanford
Feb 1, 2017 - 12:33pm

Re: Freegold

Torgny Persson's original article is still available:


One of the key tenets of FreeGold is that the monetary functions of Medium of Exchange (MoE) and Store of Value (SoV) can, should and will split, where:
1. Fiat currency will continue to be used as Medium of Exchange.
2. Gold will be used as Store of Value.

For some reason FreeGold fans are rabidly anti-silver, this makes me suspect that FreeGold champions are bankers. (Bankers hate silver)

Torgny's article suggests gold floating versus fiat for international settlement. Before Nixon abandoned Bretton Wood's gold exchange gold was how international trade imbalances were settled (and it was illegal for US citizens to own). Now we have proposed Jim Willie's "Gold Trade Notes" for International Settlement(imposed by traders, NOT by governments) We also see Bitcoin proposed for International Settlement along the new silk road.

As I see it, FreeGold(in the form of Gold Trade Notes) and Bitcoin will both function as international trade settlement with local jurisdiction's fiat floating in comparison to the trade settlement vehicles.

My guess is Gold and Bitcoin will be so prized for settlement that repressive regimes will make them illegal for citizens to own. If we're to lobby Trump, I'd go for accepting that Silver, Gold, Gold Trade Notes and Bitcoin are legitimate moneys and exchanges of legitimate moneys to/from US Fiat shouldn't be taxed.

Edit: Torgny Persson is NOT anti-silver.

Feb 1, 2017 - 11:56am


Is the concept of separating the Medium of Exchange (MOE) function from the Store of Value (SOV) function that is currently built into the Federal Reserve Note by way of being the reserve currency and being 100% fiat.


Feb 1, 2017 - 11:49am


Not something I'm qualified to discuss. I do recall that article being helpful, however.

Feb 1, 2017 - 11:05am

I Searched on FreeGold

and found this Guest post on TFMR from June, 2 2015:

Perhaps TF can comment on this again? Perhaps explain it in simple terms? Is it a viable idea that Trump & Company should consider?

human organism...ex-canary
Feb 1, 2017 - 10:28am

Blitz undarway

Lately...On Yellen's days gold does poorly...On Trumps's days (more frequent), gold does better.

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

Feb 1, 2017 - 10:09am


Are they completely bogus or part time Xmas jobs that now don't exist?

human organism...ex-canary
Feb 1, 2017 - 10:06am

ADP added 246,000 jobs

On expectations of 168,000.....I consider ADP more reliable (slightly), than the BLS report.

Edit...Congrats joeblack...Gold for you, Silver for me.

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Key Economic Events Week of 4/12

4/13 8:30 ET CPI
4/13 12:00 ET Goon Harker
4/14 8:30 ET Import Price Index
4/14 12:00 ET Chief Goon Powell
4/14 2:45 ET Goon Chlamydia
4/15 8:30 ET Retail Sales
4/15 8:30 ET Philly Fed
4/15 8:30 ET Empire State Manu
4/15 9:15 ET Cap Ute and Ind Prod
4/15 2:00 ET Goon Daly
4/15 4:00 ET Goon Mester
4/16 8:30 ET Housing starts

Key Economic Events Week of 4/5

4/5 9:45 ET Markit service PMI
4/5 10:00 ET ISM service PMI
4/5 10:00 ET Factory Orders
4/6 10:00 ET JOLTS job openings
4/7 9:00 ET Goon Evans
4/7 12:00 ET Goon Barkin
4/7 2:00 ET March FOMC minutes
4/8 12:00 ET Chief Goon Powell
4/9 8:30 ET PPI
4/9 10:00 ET Wholesale inventories

Key Economic Events Week of 3/29

3/30 9:00 ET Goon Quarles
3/30 10:00 ET Consumer Confidence
3/30 2:30 ET Goon Williams
3/31 8:15 ET ADP Employment
3/31 9:45 ET Chicago PMI
3/31 time TBA Biden Infrastructure speech
4/1 9:45 ET Markit Manu PMI
4/1 10:00 ET ISM Manu PMI
4/1 10:00 ET Construction spending
4/2 8:30 ET BLSBS

Key Economic Events Week of 3/22

3/23 9:00 ET Goon Bullard
3/23 12:00 ET CGP and Mother on Capitol Hill
3/24 8:30 ET Durable Goods
3/24 9:45 ET Markit Flash PMIs March
3/24 10:00 ET CGP and Mother on Capitol Hill
3/25 8:30 ET Q4 2020 CDP final guess
3/25 12:00 ET Goon Bostic speech
3/25 3:45 ET Goon Chlamydia speech
3/26 8:30 ET Personal Income and Spending
3/26 8:30 ET Core Inflation
3/26 10:00 ET Consumer Sentiment

Key Economic Events Week of 3/15

3/15 8:30 ET Empire State Index
3/16 8:30 ET Retail Sales
3/16 8:30 Import Price Index
3/16 9:15 ET Cap Ute and Ind Prod
3/16 10:00 ET Business Inventories
3/17 2:00 ET FOMC Fedlines
3/17 2:30 ET CGP presser
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Key Economic Events Week of 3/8

3/8 10:00 ET Wholesale Inventories
3/10 8:30 ET CPI
3/10 2:00 ET Federal budget
3/11 8:30 ET Initial jobless claims
3/12 10:00 ET JOLTS job openings
3/13 8:30 ET PPI
3/13 10:00 ET UMich sentiment

Key Economic Events Week of 3/1

3/1 9:45 ET Markit Manu PMI
3/2 10:00 ET ISM Manu PMI
3/2 1:00 ET Goon Brainard
3/3 9:45 ET Markit Service PMI
3/3 10:00 ET ISM Service PMI
3/3 12:00 ET Goon Bostic
3/3 2:00 ET Goon Evans
3/4 8:30 ET Unit Labor Costs
3/4 10:00 ET Factory Orders
3/4 12:00 ET Chief Goon Powell
3/5 8:30 ET BLSBS

Key Economic Events Week of 2/22

2/22 10:00 ET LEIII
2/23 9:00 ET Case-Shiller home prices
2/23 10:00 ET CGP at US Senate
2/24 10:00 ET CGP at US House
2/24 1:00 ET Goon Chlamydia speech
2/25 8:30 ET Jobless claims
2/25 8:30 ET Durable goods
2/25 10:30 ET Goon Bullard
2/26 8:30 ET Pers Inc and Spending
2/26 8:30 ET Core inflation
2/26 9:45 ET Chicago PMI
2/26 10:00 ET UMich sentiment

Key Economic Events Week of 2/15

2/17 8:30 ET Retail Sales
2/17 8:30 ET PPI
2/17 9:15 ET Cap Ute and Ind Prod
2/17 10:00 ET Business Inventories
2/17 2:00 ET January FOMC minutes
2/18 8:30 ET Initial jobless claims
2/18 8:30 ET Import price index
2/18 8:30 ET Philly Fed
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Key Economic Events Week of 2/8

2/8 12:00 ET Goon Mester speech
2/9 10:00 ET JOLTS job openings
2/10 8:30 ET CPI
2/10 10:00 ET Wholesale Inventories
2/10 2:00 ET Chief Goon Powell speech
2/11 8:30 ET Initial jobless claims
2/12 10:00 ET Consumer sentiment

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