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Thursday Conversation - Dave Kranzler

Valuable information from our old pal, Denver Dave.


It's always great fun to visit with Denver Dave and today was no different. It's also always very informative. For today, Dave and I discuss:

  • the ongoing selloff in global equities
  • the ongoing efforts by the ESF to manage the descent
  • the latest with Douchebank
  • the latest from Tesla
  • and why the mining sector appears historically undervalued

Thanks again to Dave for so generously sharing his time today. There's some very insightful and helpful content here. Please be sure to listen.



· Oct 25, 2018 - 4:15pm

Well, this is fun. S&P futures are collapsing into and through the close, exacerbated by the miss from AMZN.

CDG back to $1235

· Oct 25, 2018 - 5:03pm

For OOO Buck if he's around, re: Dropbox and VPNs:


· Oct 25, 2018 - 6:14pm

S&P futures now down 50+ from the high earlier today and more than 20 points from the NYSE close.

boomer sooner · Oct 25, 2018 - 6:21pm

Hot Damn!  This page format fits the width of my phone.  No side scroll.

Thank You!

Add:  upon the refresh for the post, the player disappeared.

Add 2:  I went back home (the TFMR circle) then back to this page, Nada.  I have the mountains with the key, but no player.  I then refreshed the entire site, Nada.

Add 3:  closed all tabs, closed all open apps, reloaded browser to home page (zerohedge) then navigated to here, still no player.  It seems to disable player after making a post.  Serves me right for getting all giddy.  I'll open in chrome and see what happens.

Add 4:  this is in chrome, no player.

Outback · Oct 25, 2018 - 6:24pm

Todays AUDIO is MUCH better than on the old site. Sounds like you and Dave are speaking to me in the same room. So am very pleased. 

Also really LIKE the pictures. Sure adds a PLUS while we suffer this week.

All in All am Very pleased and HAPPY with the NEW SITE.


· Oct 25, 2018 - 6:46pm

@boomer sooner thanks for the feedback. We will check that out with Chrome and then posting. Haven't seen that before but there's a first for everything.

Outback · Oct 25, 2018 - 6:46pm

Thanks, outback. Much appreciated.

belacqua · Oct 25, 2018 - 8:13pm

Why did HUI get clobbered?

Wizdum · Oct 25, 2018 - 8:14pm

s&p was DUMP-CITY


Wizdum · Oct 25, 2018 - 8:17pm
hui component Goldcorp got smashed... 18% down https://finance.yahoo.com/quote/%5EHUI/components/
GoldHermit · Oct 25, 2018 - 8:52pm

A good conversation.  I have always wondered if ANY bank CEO or employee for that matter really understands their derivative exposure.  Counter parties are too hard to analyze.  There are tons of derivatives out there and I liken the whole mess to an ammunition dump.  Does it really matter which grenade goes off first?

On Tesla - just call it the Worldcom of the auto industry.

· Oct 25, 2018 - 9:16pm

Another thing regarding recent comments...

In the right sidebar is a listing of the most recent comments throughout the site. You can always click one of those and it will take you to it...and this is usually the last or next to last comment in any particular thread.

· Oct 25, 2018 - 9:27pm

Paul Craig Roberts has had his Twitter account suspended.

The censorship continues and worsens.

scoremore TF · Oct 25, 2018 - 9:33pm

Oh geez! Ridiculous.

NW VIEW · Oct 25, 2018 - 9:57pm

I still watch the last stock that I sold at a big loss.  Bought FFMGF at .71, sold at about .41 and is .22 today.  My savings account, that has a 1.1% interest rate, looks pretty good for a short season. Rental cap rates of around 10% looks wonderful.

· Oct 25, 2018 - 10:06pm

This is interesting.

· Oct 25, 2018 - 10:13pm

Re the action today in the shares. Here's a snippet from Dave's latest Mining Stock Journal that he just released this evening.

chocolatechiphorses · Oct 25, 2018 - 10:25pm

Can anyone tell me how to accept cookies on this site.  I did not accept them when first asked and it appears I need to in order to participate / navigate the new site.  Hoping that will let me hear podcasts.  ????  

Not a Techie  lol 

Thank You in Advance  smiley

Fred Hayek · Oct 25, 2018 - 10:45pm

I gave a hat tip or,now, a star click to a comment and the interview stopped and went back to the very beginning. 

I don't think the site used to do that and it's a bit of a pain in the a55 if it does.  I can't hat tip anyone while listening?

billhilly chocolatechiphorses · Oct 25, 2018 - 10:47pm


My guess is that you need to log out then log back in and "accept cookies" when instructed.   If I remember correctly it asks you at the bottom of the page.

billhilly · Oct 25, 2018 - 10:49pm
Fred... same thing happened to me. Hopefully that has a correctable solution, in time.
Fred Hayek · Oct 25, 2018 - 10:54pm
And, after I commented, the player on the page disappeared.
Montross515 · Oct 25, 2018 - 10:56pm

We gold bugs know the markets are rigged, and along with them all things touched by governments. We are more capable of judging inflation from our shopping than listening to government numbers.

So where do we start believing something? Khashoggi’s death, built up to be an event of top importance; why believe he is dead? Cut up in 15 pieces and put the body parts in the Saudi Ambassador’s well? What an improbable fact, and who could know it?

Khashoggi knew things about 911.  What we can bank on is silver and gold in our possession; our world is obviously spinning out of control, and we no longer have any ability to see what is really going on.  

Righting Moment · Oct 25, 2018 - 11:00pm

"I lived through the TMFR upgrade".   Just kidding....  As someone who writes/ upgrades software I have learned a lot with this transition.  Just wanting things to return to normal here.  I expect it will just take time and patience.  I depend on TMFR for it community of contributors and of course our Fearless Leader TF.

Stack on one and all.  Things will be back to normal in no time !!

Fred Hayek · Oct 25, 2018 - 11:00pm

I'm pretty sure that's the way it used to work, too. A hat (star) tip reloads the whole page just like a new comment would.

· Oct 25, 2018 - 11:02pm

SP futures now down 57 points from the earlier high at about 3:00 pm EDT today.

billhilly · Oct 25, 2018 - 11:03pm

Yes, I'm pretty sure that's right. Thanks, bill.

Fred Hayek · Oct 25, 2018 - 11:06pm
Well, I'd like to listen to the interview after the 7 minute mark but after I click on it on the home page I get directed to the page with the comments for this interview . . . but there's no interview. And the old site absolutely did let you hat tip during an interview. You couldn't comment or change pages or it would reset.
TF · Oct 25, 2018 - 11:07pm
Fred Hayek billhilly · Oct 25, 2018 - 11:07pm

No such instruction or prompt occurs.

Notice: If you do not see your new comment immediately, do not be alarmed. We are currently refreshing new comments approximately every 2 minutes to better manage performance while working on other issues. Thank you for your patience.

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Key Economic Events Week of 11/12

11/14 8:30 ET Consumer Price Index
11/15 8:30 ET Retail Sales
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Key Economic Events week of 11/5

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Key Economic Events week of 10/29

10/31 8:15 ET ADP employment
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11/1 10:00 ET ISM Manu Index
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11/2 8:30 ET Balance of Trade
11/2 10:00 ET Factory Orders

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