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Thursday Conversation - Ned Naylor-Leyland

A discussion of gold, the LBMA and Brexit.


Our old pal, NN-L took his turn today in the Thursday Conversation hot seat.

It's always fun to get caught up with Ned. He's a tireless advocate of sound money and a great ally in our fight against the current system and The Banks.

For this particular discussion, I asked Ned to focus on four, primary areas of concern:

  1. The ongoing Brexit dilemma
  2. The rising US$ and its impact on global markets
  3. The LBMA and the seemingly endless supply of UK gold
  4. His strategies for managing bullion and mining shares through this current period

Thanks again to Ned for so generously donating his time today. I think you'll find this podcast quite entertaining and informative.



Nov 15, 2018 - 3:36pm

Welcome to the forum Ned. 

Welcome to the forum Ned. Good to hear the conversation!

Nov 15, 2018 - 4:11pm

Addendum to David Morgan

Addendum to David Morgan including link to video

Market Has "Given Up" On Silver, So What’s Next?

Nov 15, 2018Guest(s): David Morgan The Morgan Report

The silver market has been “stagnating” and needs renewed investor interest before prices recover and the gold-silver ratio drops below 80, said David Morgan editor of The Morgan Report.
“What’s going on is stagnation in the market. There hasn’t been any fresh buying, there’s been a lot of stale longs that have given up on the silver story,” Morgan said.
On supply and demand fundamentals, Morgan noted that due to low silver prices, the mining level has subsided but above-ground stockpiles of silver have increased.


Nov 15, 2018 - 5:02pm

Greetings All...

Greetings All...

Thanks for your wisdom Ned... much food for thought and action.

I came across a CoT Report with a difference. I really like the way this guy explains it so I thought I'd share it here if that's OK


Nov 15, 2018 - 5:17pm

4th Keep Stacking

4th Keep Stacking

Clarkii Stomias
Nov 15, 2018 - 5:23pm

I freakin’ love that pic of

I freakin’ love that pic of Turd and Ned.

If and when we ever see a release of gold, I’d love to share such a celebratory brew with all of Turdville. Well have to hold a “Turdstock”.

Now to listen.

Nov 15, 2018 - 7:16pm

Ned had said he didn't think

Ned had said he didn't think she'd make it a week....https://www.thesun.co.uk/news/brexit/7744103/brexit-latest-jacob-rees-mo...

So now think about a possible complete failure of Brexit. This would no doubt rally the euro. Then think about the POSX. And finally consider how very little of this is priced into CDG.

Nov 15, 2018 - 9:02pm

Here's what I don't get 

Here's what I don't get Queen Elizabeth and the UK royals have vested titles in just about every major company, bank and country in the world. Serious as a heart attack, her sovereign shares, I think they are called the ten pence shares, have supra-unnatural voting rights.

Given that the royals have been at this for centuries, and just every royal family in Europe is related in one way or the other, even the majority dumbed down DNA degenerates, I cannot figure out how the queen doesn't just wave her scepter and a ratty finger in the face of the useless bureaucrats in Brussels and tell them to get stuffed.

England generally gets it's way either by financial control through the City of London or a military might, even though the bull dog's been neutered and clipped for decades

Or is it in the financial interest of this batty old swag bag to let the Euro and its 28 nations remain under Brussels control so long as she gets to wet her beak.

Or whatever other appendage she chooses to use.

I really don't want to think about that.

Speaking of bed bugs, the bald headed skunk Bezoid, after a year of acting the part of a shy coy little debutante he is, looking for love in all right places, finally got Cuomo and DeBlasio to drop trou and let her have her way with them I guess $3 billion doesn't buy what it used to 25,000 new jobs promised over 25 years. To the tune of $3,000,000,000, that's 1000 new high paying jobs for NY per year. I wonder if that will make up for the 250,000 highly paid hedge fund and banker jobs that are being lost in Manhatten and NYC

. Bezoid gets this boat load of sheckels to move half, not 100%, just half of the Amazing.con HQ to New York. I guess he only had to promise half because DeBlasio said he would only stick it in half way.

Virginia got the other half for one third the price of New York. This con is nothing better or worse than the the couple who used the homeless dude to scam $400,000 from generous idgits on a GoFundMe account. This might have worked if these two cucks didn't try to fleece the homeless dude out of his 1/3 share. They all go to jail

If I was Bezoid---perish the thought, I'd take the 3 billion, pocket it as earnings, hire 1,000 humans and buy 24,000 robots to hit the promised job numbers all the while slamming these two dork pols with a big old Jeff B high hat stiffie. Heck, the algos have taken over Wall Street. Androids are running the trading desks. There's an AI reporter spewing the news and Boston Scientific profits skyrocket.

Heck, why even hire 1,000. Lay off those poor schmucks and hire 1000 more robots to oil the wheels of the push carts in a fully automated factory.

The visuals of a huge bed bug going about its business, sucking the life out of the proles, comes to mind.

Nov 15, 2018 - 9:52pm

The Queen. Sigh.  Past her

The Queen. Sigh. Past her due date by more than a few years. Afraid to let go of the reigns. Mental capacity not what it once was. Hoping to skip a gen on that passing of the crown. Just when Britain needs a strong Leadership figure from the Royals. Solid setup for suffering by all.

Angry Chef
Nov 15, 2018 - 9:55pm

Broward County, FL — DS200

Broward County, FL — DS200 Voting Machine — Wireless Modem

Broward County, FL — DS200 Voting Machine — Wireless Modem

Really ?

Nov 15, 2018 - 10:11pm

Oh my gosh! There are still a

Oh my gosh! There are still a full 631 people missing from the fire in Paradise, CA. How horrible!

“We have located seven additional human remains,” bringing the death toll of the CA #CampFire to 63pic.twitter.com/8ko92qnIyO

— Breaking911 (@breaking9111) November 16, 2018
Key Economic Events Week of 2/17

2/18 8:30 ET Empire St Manu Idx
2/19 8:30 ET Producer Price Idx
2/19 8:30 ET Housing Starts & Bldg Perms
2/19 2:00 ET January FOMC minutes
2/20 8:30 ET Philly Fed
2/21 Fed Goons all day at Chicago Conf.
2/21 9:45 ET Markit flash Feb PMIs

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Key Economic Events Week of 2/17

2/18 8:30 ET Empire St Manu Idx
2/19 8:30 ET Producer Price Idx
2/19 8:30 ET Housing Starts & Bldg Perms
2/19 2:00 ET January FOMC minutes
2/20 8:30 ET Philly Fed
2/21 Fed Goons all day at Chicago Conf.
2/21 9:45 ET Markit flash Feb PMIs

Key Economic Events Week of 2/10

2/11 10:00 ET Job Openings
2/11 10:00 ET CGP Hump-Hawk House
2/12 10:00 ET CGP Hump-Hawk Senate
2/13 8:30 ET CPI
2/14 8:30 ET Retail Sales
2/14 9:15 ET Cap Ute & Ind Prod
2/14 10:00 ET Business Inventories

Key Economic Events Week of 2/3

2/4 10:00 ET Factory Orders
2/5 8:15 ET ADP Employment
2/5 9:45 ET Markit Service PMI
2/5 10:00 ET ISM Service PMI
2/6 8:30 ET Productivity & Unit Labor Costs
2/7 8:30 ET BLSBS
2/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 1/27

1/28 8:30 ET Durable Goods
1/28 10:00 ET Consumer Confidence
1/29 10:00 ET Pending Home Sales
1/29 2:00 pm ET FOMC Fedlines
1/29 2:30 pm ET Powell presser
1/30 8:30 ET Q4 GDP first guess
1/31 8:30 ET Pers Inc and Spending
1/31 9:45 ET Chicago PMI
2/2 10:00 pm ET Chiefs win SB LIV

Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

Forum Discussion

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