A2A with Rob Kirby

85

What great timing to have Rob Kirby back for an A2A webinar. Rob's vast experience provides a unique perspective on the failure of The Generally Accepted Narrative for 2017 as well as some wisdom on where we are headed from here.

Among the topics discussed today:

  • Rob's thoughts on how The Fed was able to institute ZIRP and why rates remain historically low.
  • Why the POSX is falling so rapidly in 2017.
  • What message could be gleaned from Terry Duffy's appearance on FBN two weeks ago.
  • Why Rob prefers physical gold and silver to owning the mining shares.
  • And much, much more!

This was an incredibly informative presentation and we should all be grateful that Rob so generously shared his time today. Please try to carve out some time to give this podcast a thorough listen.

TF

  85 Comments

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fluxplus
Aug 4, 2017 - 9:45am

Excellent COT structure is meaningless

Excellent COT structure is meaningless. They will do whatever they want regardless of COT.

lakedweller2
Aug 4, 2017 - 9:40am

POTUS

We know he knows the difference as he was using numbers very close to Shadow Stats during the campaign and accusing other candidates of using false data. Now he likes the bogus numbers.

Dr. P. Metals
Aug 4, 2017 - 9:39am

Look ma

All fraud and manipulation have suddenly ceased!

/whoops

i think it was canary or _matt that called this one correctly?

Mickey
Aug 4, 2017 - 9:29am

Doc

oxymoron on BD--in order to have a high "assumed" BD, you have to have people "actually" losing jobs

JW-on restaurants--53k allegedly added. Restaurants were down in June for the 18th straight month and that's "traffic". If I owned restaurants, and I an a minority in a few, I am not hiring unless I see some one I want and then put them on as PT and cut hours for others. I also on a Saturday night when its quiet at 8PM, which is getting normal, I tell people to go home early.

I think there are 11 million people allegedly working in the sector so that's .5% add. Lets see how sales and traffic are in the reports that come out next week.

We know the GAO says the overal US accounting systems are for crap--why believe these which are based on surveys anyway and then those get fudged.

Looks like, according to ZH, overall part time jobs were created while full time jobs lost. That probably means net a loss of hours worked.

AIJ
Aug 4, 2017 - 9:28am

Swamp Boy strikes again

Donald J. Trump‏Verified account @realDonaldTrump 41m41 minutes ago

Excellent Jobs Numbers just released - and I have only just begun. Many job stifling regulations continue to fall. Movement back to USA!

lakedweller2
Aug 4, 2017 - 9:09am

POTUS

Apparently is strongly in favor of continuing the lie and fraud.

jwmkratz
Aug 4, 2017 - 8:48am

Good News....

We are another 4 weeks away from the next BLS report... which will probably add at least 50K retail due to massive hiring at Amazon.com With brick and mortar retail falling like a rock, job losses might offset the Amazon numbers...

Aug 4, 2017 - 8:44am

Greenspan

Gonna leave this here because I found it interesting to hear the old greaseball talk about the bond market bubble. It's alos interesting in light of what Rob mentioned in this podcast.

https://www.cnbc.com/2017/08/04/greenspan-bond-bubble-about-to-break-bec...

silver10sguy
Aug 4, 2017 - 8:43am

Jobs Number Disgusting BS

Guess the farce must be continued a bit longer. I still think one of the bubbles will burst soon though central bank printed fiat and the Exchange Stabilization Fund may hold it all together longer than I would have thought possible. I will continue to fantasize about central bankers having all kinds of accidents and fatal illnesses. Lastly, I see the trade deficit continues for America and wonder how much longer any nations will buy any of our worthless treasuries.

jwmkratz
Aug 4, 2017 - 8:37am

Add to that...

BD Model added mostly low paying service jobs..Leisure and Hospitality 69,000, Education and Health Services 23,000, Professional and Business services 44,000. How many more bartenders and barmaids can we add before they outnumber patrons?

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