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TFMR Podcast - Thursday, January 31

This is a free public podcast. Given the circumstances, you should take time to listen.


It was a decent day as a follow-up to the fireworks of yesterday. And now we await the BLSBS tomorrow, aware of the fact that we've had a pretty nice 5-day run and we may be due for a brief pullback.

But for today, we simply assess where we've been, where we are and where we're heading. As to the latter, the biggest signal of future Fed policy is coming from the bond market, so that's where we begin the discussion today.

Though we don't want to overlook the importance of the POSX:

We check the updated charts of both CDG and CDS:

And we close with another check on the mining shares.

Thanks for listening and be ready for a very interesting end to the week tomorrow.


p.s. Due to the circumstances, I thought we'd make this a public podcast as an example of what we do here every day. Membership at TFMR is just $12/month or 40¢/day and a subscription in 2019 has never been more valuable. Therefore and for a limited time, all new subscribers have an opportunity to receive half off their first month subscription. Simply visit this page: www.tfmetalsreport.com/subscribe and then enter the coupon code MAXOUT2019 at checkout. Now's the time to join us at TFMR. 2019 and 2020 are going to be terrific years for precious metal investors. Don't miss out on the fun!


Feb 1, 2019 - 2:01am

When the Real Powers step in

First read this.


What you just read is the real powers forcing the hand of the Chinese. If the Chinese have enough gold this will force them to link their money to a commodity to save their dollar. I say this because this action is going to force a run on the Chinese economy. This is shit hit the fan and the very real possibility of ending in WW3. What is that saying " Bank/Trade wars end in hot wars". If the Chinese aren't able to stabilize liquidity. They will smash the playing board. Period. What actions do you think they will take to protect themselves? Personally I don't think their going to bend a knee to the west. Loss of too much Face and they have hard memories of the last Asian crisis.

I have a real bad feeling on this. I thought this wouldn't play out until spring at least. Someone is moving timelines up and not for good results for us peons.

Thomas More
Feb 1, 2019 - 4:14am
cashonly Libero
Feb 1, 2019 - 5:53am
Thomas More
Feb 1, 2019 - 5:58am

for a summation of the news

it is very hard to beat Greg Hunter. I have placed the start point 15 minutes into his weekly wrap-up.

As an aside - you can see at almost 6am EST, Gold is doing very fine thank you, and SP futures less so. Every day your US tax dollars go into inversing those trends - EVERY DAY. Are you a nation of couch potatoes?

Greg Hunter - Weekly News Wrap-Up 2.1.19
Feb 1, 2019 - 7:54am



1 year has a higher yield than anything out to 7 years. Full inversion is maybe less than a month away now.

fluxplus matt_
Feb 1, 2019 - 8:28am


Are you running Linux on your box?

Feb 1, 2019 - 8:39am



Total bullshit, December revised down by 100,000. You cannot trust any of these numbers the Govt. publishes...keep stacking folks!

Feb 1, 2019 - 8:52am


today is 2/1/19 and the January report comes out--anybody thinking a lot of guesstimates were made in this report?

Feb 1, 2019 - 9:11am


312,000...oops revised down 90,000 for December

lets double down

304,000 oops revised down xxx,xxx for January

well lets enjoy the superbowl cause there is no manipulation there....hahahahahaha

Feb 1, 2019 - 9:23am

I was just playing along

It's all good. Just like the "robust" jobs report! The BLSBS laid bare for all to see today. How far down with this number be revised?

And it appears that everyone is catching on to the scam...given the reaction. Also not the worst wage growth since Oct 2017.

Feb 1, 2019 - 9:40am

Craig, re: bond market

Please keep us posted on your thoughts on bond trading today. Thanks in advance.

Feb 1, 2019 - 10:06am
Grey Mare
Feb 1, 2019 - 10:16am

Eric audio

Not available yet?

TF Metals fan
Feb 1, 2019 - 10:19am


Often Craig gets exited about how the authorities handle (or not handle) what appears to be fraud. RealVision just released a second interview with Marc Cohodos. An amazing interview and it makes another lack of interest from the authorities. This is one sick system.

Feb 1, 2019 - 10:56am

rates back up today

Basically back up what they fell yesterday on the BS economic data...mostly the PMIs and Umich numbers.

Feb 1, 2019 - 11:12am

How did they come up with the jobs number

The BLSBS took the number of people who will attend the Super Bowl, divided it into the total dollars bet on the Super Bowl, multiply it by the reciprocal of the number of non-essential government workers who needed to go on food stamps during the shutdown, plus the cube of the 7 dwarfs and the daily carat diamond output of their mine before Snow White arrived and sold the annual production derivative to the DeBeers cartel

See, solve it. Simple if you know the math involved

matt_ fluxplus
Feb 1, 2019 - 1:51pm

Yes, Linux.

I run Linux on everything at home and work. A have two desktops and two laptops that all run Debian Linux. I ditched Windows completely many years ago.

My wife and youngest daughter still use Windows on their laptops, but they don't get much tech support from me. I know a lot about Linux (using it for >15 years), but I haven't used Windows in so long that my daughter knows it better than me.


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Key Economic Events Week of 4/15

4/16 9:15 ET Cap Util and Ind Prod
4/17 8:30 ET Trade Deficit (Feb)
4/17 10:00 ET Wholesale Inventories
4/18 8:30 ET Retail Sales (March)
4/18 8:30 ET Philly Fed
4/18 10:00 ET Business Inventories (Feb)
4/19 8:30 ET Housing Starts and Building Permits

Key Economic Events Week of 4/1

4/1 8:30 ET Retail Sales (Feb)
4/1 9:45 ET Markit & ISM Manu PMIs
4/1 10:00 ET Construction Spending (Feb)
4/1 10:00 ET Business Inventories (Jan)
4/2 8:30 ET Durable Goods (Feb)
4/3 9:45 ET Markit & ISM Services PMIs
4/5 8:30 ET BLSBS

Key Economic Events Week of 3/25

3/26 8:30 ET Housing Starts (Feb)
3/27 8:30 ET Trade Deficit (Jan)
3/28 8:30 ET Q4 GDP final guess
3/28 10:00 ET Pending Home Sales (Feb)
3/29 8:30 ET Personal Income (Feb)
3/29 8:30 ET Consumer Spending and Core Infl. (Jan)
3/29 9:45 ET Chicago PMI
3/29 10:00 ET New Home Sales (Feb)