A2A with Willem Middelkoop


Willem Middelkoop is an Amsterdam-based author and commodity fund manager. Somehow it had been over a year since we last spoke with Willem so we had plenty to discuss today. Please be sure to give this podcast a listen.

Among the topics addressed in this 49-minute call:

  • the current similarities to the run-up to The Financial Crisis in 2008
  • how the falling dollar is impacting commodities
  • why China values physical gold and the likelihood of a global reset in price
  • which commodities or metals might benefit from the changes described in his new book, "The Tesla Revolution"
  • the future of the euro and the possibility of it challenging the US dollar as global reserve currency
  • Willem's interest and opinion on the Australian mining sector, specifically Artemis and Novo Resources
  • And a whole lot more!

I'm confident you'll find this audio to be interesting and very helpful. Thanks again to Willem for sharing his time and expertise.



Oct 14, 2017 - 5:21am


Thanks guys, good look at the one flaw the communist promoters always fail to disclose or see, the people on top always live well, while the workers live in poverty JW. And the ppt is well on its way to 25000 on the Dow you described in you article turd, but at what cost to the future.

Oct 13, 2017 - 1:13pm

Novo warrants

AKAIK all warrants were issued by private placement and not listed on the exchange.

TF Metals fan
Oct 13, 2017 - 9:48am

Sealevels falling?

Well, maybe in the last two year. But since 1995 the rate of change is 3.4 mm up. It actually is on the raise since 1870 https://climate.nasa.gov/vital-signs/sea-level/

Oct 13, 2017 - 9:30am

And Then....

Surprise !

TPTB jump into action to stop the USD's sudden fall...

Gold's sudden rise stepped on at +$10..

Oct 13, 2017 - 9:24am

Novo Warrants

Anybody know if Novo warrants are freely traded on the TSX and what the strike zone is?

Oct 13, 2017 - 9:02am

Please Sir, can I have some more

Apparently we got a nice dose of good gold news in the price spikes. If there was ever a perfect overlay of the JPY dropping like a rock while gold and silver spike, this was it The equally fierce but opposite direction of PMs and JPY is a wonder to watch in action. But there's nothing to see here.

No correlation. Riiiiiiiight.

And Mother-half a word-Yellen doesn't wear purple knickers.

With the inflation running a bit faster than expected, when gold takes a big sniff of that action it'll be running high like a scalded dog. Better that gold sniffs inflation than Janet's drawers.

Maybe, just maybe, gold and silver will move higher on good news and not on bad news that the world's wheels are falling off. It'd be nice to catch a break for once

TF Metals fan
Oct 13, 2017 - 8:57am

Novo gold or Wits 2.0

Check for an overview at: https://secure.kaiserresearch.com/s2/Education.asp?ReportID=804185

Eric Sprott also did a deal with De Grey Mining, located north of Purdy's reward.

I have read the story as well for this uranium search in which a cross section of the drillhole contained signicant amounts of gold. But as always: this might be an abnormality and doesn't mean it is economical to build a mine. However with the current wits 2.0 theory this becomes a very interesting piece of the puzzle.

Oct 13, 2017 - 8:49am

How long will it take?

For them to reverse this morning's spike?

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

J Siefert
Oct 13, 2017 - 8:46am

Why is gold soaring

...like it is right now? Did Janet let out a sneaky fart or something?

Oct 13, 2017 - 8:38am

Super Nova

What a great conversation about Nova!

Our geologist went to see the gold discovery to see if for real. He said this is for real.

The only question is how big will this gold discovery be? Will it be big or huge?

I think we are at the start of an amazing gold rush in Australia.

We are still waiting for drill results but everything points to a major major gold discovery.

It will get very interesting very soon.

Eric can hire the best experts in the world and the more Eric looks into this story the more convinced he is that it is real and the more money he is putting into it.

We put 20% of our fund's portfolio into this play.

Holy Moly! Thank you Turd for providing us with access to such information.

Anyone know more about the 1971 drill hole he referred to 60 kilometers south of Purdy's Reward that at 1700 meters down found the same conglomerate bands and produced double digit gold?

Nova better than Artemis? but probably best to own both? any other good plays?

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

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
2/19 9:45 ET Markit Feb flash PMIs

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

Key Economic Events Week of 2/1

2/1 9:45 ET Markit Manu PMI
2/1 10:00 ET ISM Manu PMI
2/3 8:15 ET ADP employment report
2/3 9:45 ET Markit service PMI
2/3 10:00 ET ISM service PMI
2/4 8:30 ET Productivity & Unit Labor Costs
2/4 10:00 ET Factory orders
2/5 8:30 ET BLSBS

Key Economic Events Week of 1/25

1/26 10:00 ET Consumer Confidence
1/26 1:30 ET Comex option expiration
1/27 8:30 ET Durable Goods
1/27 2:00 ET FOMC Fedlines
1/27 2:30 ET Chief Goon Powell presser
1/28 8:30 ET Q4 GDP first guess
1/29 8:30 ET Personal Income and Spending
1/29 9:45 ET Chicago PMI

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
1/13 1:00 ET Goon Brainard speech
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

Recent Comments

by chrtoo, 7 min 56 sec ago
by human organism...ex-canary, 12 min 16 sec ago
by H8Fiat, 14 min 8 sec ago
by uni59, 16 min 16 sec ago
by Boswell, 24 min 5 sec ago
by RickshawETF, 55 min 22 sec ago

Forum Discussion

by Pete, 3 hours 27 min ago
by argentus maximus, 12 hours 22 min ago
by Solsson, 13 hours 42 min ago
by Pete, Feb 27, 2021 - 1:49am
by kmac153, Feb 26, 2021 - 5:42am