TFMR Podcast - Tuesday, October 24


Another day where Comex metal prices held reasonably well given the changes in forex and bonds. Can we soon find some relief or will The Banks look to seize the initiative and drive prices even lower?

For today, just another entrant for our catalog of manufactured USDJPY bounces:

Next, we discuss the intraday yen chart in the context of these two links:

We chuckle at the hilarious similarity of these three charts:

We check on CDG and CDS:

We discuss the troubling selloff in mining shares following last Friday's closing breach of the 200-day A:

And we check copper for signs of a short-term breakout:

And finally, we discuss this anomaly(?) in the daily "delivery" data from the CME:

And remember 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 Though we'll post the recorded copy on Wednesday, I strongly encourage you to listen live if you can find the time.

More tomorrow,



Oct 24, 2017 - 5:01pm

Bonds puking.... cash moving from there into stocks??

Oct 24, 2017 - 5:02pm


#1 Gold all the way

Edit: #2 Silver is good too

Oct 24, 2017 - 5:03pm
wealthelf TF
Oct 24, 2017 - 5:12pm


...fell for it...Thanks.


Oct 24, 2017 - 5:17pm

4th Nope 3rd

Thanks Turd you fucked me up

Yes I fell for it.

Keep Stacking

Angry Chef
Oct 24, 2017 - 5:19pm
Oct 24, 2017 - 5:21pm

Rick Rolled-lol

Nothing stacks like CDG. No markets only manipulators. 

Oct 24, 2017 - 5:24pm

John Kaiser Talks Aussie Gold Rush 2.0

This is second episode with John Kaiser on to discuss Novo Resources (NVO.V), Artemis Resources (ARV.AX) and others in the Aussie Gold Rush - In the Search for Wits 2.0 show.

John Kaiser Talks Aussie Gold Rush 2.0
Oct 24, 2017 - 5:24pm

All the best today Turd

Hope the 'op' goes well. I've had 4 of them. It was a real 'bum's rush'. smiley

Oct 24, 2017 - 5:29pm


Top 10 baby

Oct 24, 2017 - 5:42pm

Dollar-Yen relation

The gold price nominated in dollar is tightly related to the dollar-yen. Then to what is related the dollar-yen? It is related to the gold price nominated in yen. So the gold price nominated in yen is determined in the first place by the international cartel. As of the result, the gold price nominated by yen is contained in the box range from 4500 yen/g to 5000 yen/g after 2012 that the QE commenced. In a nutshell, Japanese member of the cartel has the clue to determine the international gold price. I think the gold price stay low as long as the Japanese economy keep going on though it's national debt level is in the crazy zone.

Angry Chef
Oct 24, 2017 - 5:54pm

Phoenix 2.0 - CIA's Vietnam Terror Unleashed Upon Afghanistan

Whatever happened to winning over their hearts and minds ? Seems an oxymoron to be winning over people's minds and putting a whole in the back of their heads at the same time.

Oct 24, 2017 - 6:02pm
Oct 24, 2017 - 6:21pm

Love it

I sorta like that song, the blond turns to make sure you're checking out her tush. Yeah, I'm an idiot, now to listen to the pod cast.

Oct 24, 2017 - 6:39pm


All is lost

IF Ya loose yur sense of humor

luv it

Oct 24, 2017 - 6:41pm

We will see

I really hope the petroyuan actually makes the metals go up, but I will believe it when I see it.

Oct 24, 2017 - 6:45pm


That was great!!! Starting blasting out here at work - I was not expecting that.

Oct 24, 2017 - 6:51pm


The criminals will find a way to keep the wash/rinse cycle going until there is a complete system failure. In that regard the gold cartel is just like the Norks. The cartel will never give up their gold smashing manipulation game the same way Norks will never give up their nukes and missiles.

Oct 24, 2017 - 6:59pm

Fell for it

twice even... 2nd try gave me a different song.

Marchas, Turd's post doesn't count, so you were fourth!

I want in Novo Resources, thinkorswim in the US is my trading platform. I am having trouble being confident that my purchase is in the correct company--the one we have all been discussing... any advice?

Oct 24, 2017 - 7:14pm

God I wish the host of the John Kaiser video would shut up.

The interuptions always come at a time when information is flowing.

Oct 24, 2017 - 7:15pm

Toilet Again

am adjusting to the smell!


Oct 24, 2017 - 7:16pm
Angry Chef
Oct 24, 2017 - 7:22pm
Oct 24, 2017 - 7:31pm

Crypto has been teaching me about China news.

So the rumors about China banning crypto exchanges came out, and it spread like wildfire. However the news didn't come from anyone in authority in the Chinese government. There are exchanges who closed voluntarily.

Over on the Daily Coin, Dave Kranzler has only found an original article that started the "price oil in yuan using a gold-backed futures contract in Shanghai" that did not come from anyone in authority or the Chinese Government.

Talk about jaw-boning the markets. The Chinese private interests that understand how to get an article published in Chinese to make big money duck and weave in the markets using the language barriers and info restrictions is amazing.

I now take a huge dose of salt when I hear these big news in markets from China stories.

Oct 24, 2017 - 7:46pm

@Dr. J

Nope there was also a double post before mine. I shouldn't have listened to that video. Lol

Oct 24, 2017 - 7:52pm

Chuck Butler ....conviction

7 years ago, I stood on a stage in Orlando Fla, and told the audience that there was going to be a currency regime change and the dollar would lose its reserve currency status by the end of the decade... I still believe this to be the case, and I know I stand alone on this thought, but I do believe the Chinese renminbi will be the new reserve currency. 

Having said that, I realize that a lot of changes still need to be made in China for this to happen. But we still have 3 years, and... Chinese leader, Xi, was just approved to lead China going forward. This will give Xi, more power to implement the changes he has proposed. So, watch for China to open up more real soon. And getting there, isn't going to see a big devaluation of the renminbi get in the way... 

Oct 24, 2017 - 7:53pm

Note this

All three US carriers are not traveling together in theater but are definitely nearby each other if needed.

ned braden
Oct 24, 2017 - 8:08pm

@ Dr Jerome

Novo is THE player and most compelling story in Pilbara. It may also be fully valued. Others are buying DeGrey Mining or Artemis Resources as adjacent/affected projects. Very good info in the Pilbara Forum right here on TFMR. Pilbarra Forum | TF Metals Report - Page 2

Oct 24, 2017 - 8:10pm

And here's the ZH link

Says the yuan-denominated contract will go live within 60 days:

60 days.

And we discussed last week the possibility that copper is signaling another downward move in the POSX.

And Rickards says that the CIA claims there are 150 days max before the Norks can strike the US.

And there are now three US aircraft carrier strike forces in the eastern Pacific.

Oct 24, 2017 - 8:21pm


They will kill all of us in war before they admit they are thieves.

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