A2A with Rob Kirby


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.



Aug 4, 2017 - 8:34am

Craig, The New Website

With the new website, will there continue to be a 'hat tip' option? If there is, will there be an ability to 'down vote' a comment? Personally, I prefer the 'down vote' versus the 'ignore' feature.

The 'down vote' allows us to see the community's reaction to a comment and may naturally stop people from making comments about topic the community doesn't care about. For example, I'm curious how many subscribers believe they should sell their miners and buy some of the current 837 cryptos. Or, how many subscribers to TF METALS REPORT give a rat's ass about anything involving cryptos?

Just a thought.

Aug 4, 2017 - 8:32am

Jobs Number

Well here we go with another Jobs Goat Rodeo.... expected: +183,000...... actual: + 209,000 and wait for it... the birth/ death model added +158,000 jobs...... as Craig says.... WHAT A FARCE!


Aug 4, 2017 - 8:04am

Time for morning beating

It is 8 am EST so it is time for morning beating of gold and silver.

Aug 4, 2017 - 5:10am

Turd, one of you best interviews

Kirby is extremely knowledgeable and as a perfect interviewer you let him talk without intercession ----- good on you...please have Rob back soon....FANTASTIC

Learned much...

Thank you, worth the price of admission.

Aug 4, 2017 - 2:45am

Rob Kirby / Conclusions

  • The metals are manipulated
  • The rates are manipulated
  • The Precious Metals stocks are not viable in an environment of manipulation
  • The crypto currencies trade the way gold and silver should trade

Conclusion: ( personal opinion not investment advice )

  1. Keep your physical metals ( and wait )
  2. Sell your precious metals stocks
  3. Put the funds into a sector that isn't manipulated
    1. That sector is obvious from the last point above
Aug 4, 2017 - 2:04am

One thing I've learned from years of watching

When so many indicators are traded in narrow bands, range bound in prices for commodities; when rates move in narrow bands and statistics are relentlessly optimistic, it's all reflective of the eye of the hurricane, such as the one James Gibson notes in his book.

The rear eye wall must be approaching as that is apparent to anyone who feels the change in barometric pressure. I feel that change. Too many troublesome things are happening just beyond the horizon or outside our normal range of vision. You have to gut call these present times and know things are certain to break either high or low, depending on whether they're being held down or supported from falling

When the pressures are heavy from the top down and simultaneously from the bottom up, as I read dozens of articles, texts and stories daily, my senses tell me we are in a lull; a pause in the action where no distinct direction has formed but is building pressures that must have an outlet.

It's like a vice pressing from all directions, wrenched down tightly to contain the energy. If the vice fractures or the levers are released, all hell will break loose. Be prepared to move at a moment's notice if you see that beginning.

The chances of PM prices breaking high are far better now than any time in recent memory.

Aug 4, 2017 - 1:08am


Wish I could help. Being frustrated myself to the point of feeling no pain any longer...numb.

In my opinion, the miners have been a tool to manipulate the PMs sector and profit from the process for a long time. The sentiment in miners seems to be dead know. Very few buyers (not counting short term algos playing with them).

But I count on three things:

1. Asian CBs buying physical metal to constrain the manipulators.

2. Mess and self distraction in Washington D.C. and slowdown in economy due to excessive debt.

3. The bullish COT setup...It always took time, but never failed for at least a decade...Always in favor of the cartel.

Miners should play along....I'm not selling anything.....Will trade some when COT become bearish again.

Best of luck to you "Lakedweller".

Aug 4, 2017 - 12:06am

Somewhere along the line

TPTB will want to make Trump look bad so we get a series of bad jobs report, but then Trump gets his way with low rates, so we see a couple of bad gdp prints, but also begs for low rates so we see a big selloff in the market, but that also results in a more accommodative policy.

i am just trying to see who wins this game of snooker, but this ones a real live "game".

Aug 3, 2017 - 11:56pm


Pick one: Pelosi, Ryan, Schumer, or McConnel. Kind of like looking at some offset bowling pins and asking for a re-rack.

Aug 3, 2017 - 11:41pm

me too

2 years for me and im tired also. nt sure how u stayed sane for 5 years. i got some in pm stocks as financial insurance. apart from that just going on my own business.

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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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