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?

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?

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 9/21

9/21 8:00 ET Goon Kaplan
9/21 10:00 ET Goon Evans
9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
9/25 11:00 ET Goon Evans #4
9/25 3:00 pm ET Goon Williams again

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
8/11 8:30 ET Producer Price Idx
8/12 8:30 ET Consumer Price Idx
8/13 8:30 ET Initial jobless claims
8/13 8:30 ET Import Price Idx
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Unit Labor Costs
8/14 8:30 ET Cap Ute and Ind Prod
8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
8/3 10:00 ET ISM Manu PMI July
8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
7/29 2:00 ET FOMC Fedlines
7/29 2:30 ET CGP presser
7/30 8:30 ET Q2 GDP first guess
7/31 8:30 ET Personal Income and Spending
7/31 8:30 ET Core inflation
7/31 9:45 ET Chicago PMI

Key Economic Events Week of 7/20

7/21 8:30 ET Chicago Fed
7/21 2:00 ET Senate vote on Judy Shelton
7/22 10:00 ET Existing home sales
7/23 8:30 ET Jobless claims
7/23 10:00 ET Leading Economic Indicators
7/24 9:45 ET Markit flash PMIs for July

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