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Thursday Conversation - Chris Powell

47

Chris Powell of GATA joins us for a an interesting and enlightening Thursday conversation.

Over the course of this discussion, Chris and I hit three, primary points:

  • the primary work of GATA and the ongoing central bank interventions in the monetary metals
  • recent efforts to inspire government regulators to look into the mechanisms of price manipulation
  • the ongoing yuan-gold and/or SDR-gold "peg"

Many thanks to Chris for his time and please be sure to support GATA if you can. They are an invaluable ally in the fight against precious metal price manipulation and government-sponsored market intervention, in general.

TF

  47 Comments

info metron · Oct 11, 2018 - 3:31pm

First yes smiley

Mike · Oct 11, 2018 - 3:35pm

I am a long suffering pm miners owner. However Chris and Bill at GATA have suffered even more over the past decade. I used to be a multi-year GATA subscriber and will probably join again if we can keep this trend going for a while longer. Chris is one of the good guys. Now to listen.

· Oct 11, 2018 - 3:42pm

Closing above 152.57 would be a very good sign.

Ronnie 666 · Oct 11, 2018 - 3:44pm

Chris wears his heart on his sleeve. When he does interviews you hear his anguish that reflect our feelings here at TF metals. Great choice for an interview. Thank you 

· Oct 11, 2018 - 3:56pm

matt_ · Oct 11, 2018 - 4:03pm

Ronnie 666 · Oct 11, 2018 - 4:31pm

Turd you have over the past months indicated that the $1220 level is key and that you strongly advise us not to catch the falling knife until we break above $1220. Now that $1220 is in the rear view mirror what are your feelings ? Thanks 

petedivine · Oct 11, 2018 - 4:43pm

This is a very good analysis on the markets (DOW and PM) from SRSROCCO. I think it's well worth the 5 minutes to read.

https://srsroccoreport.com/as-the-markets-sell-off-the-precious-metals-r...

· Oct 11, 2018 - 4:45pm

I think that if you sort through the comments on the morning thread, Ronnie, that's all pretty clear.

Closing ABOVE the 50-day AND closing ABOVE $1220 should give us an all clear. But wait for a second day confirmation tomorrow and a weekly close above that August intraweek high of $1220.70.

Ronnie 666 · Oct 11, 2018 - 4:49pm

Will do thanks. It’s a bit early here in Oz 4.45 am so I am just getting into the post. Still trying to compose myself with this great move up in metals smiley

KD Dougan · Oct 11, 2018 - 5:02pm

The Mick

www.kdblueskymarketing.com Home of Micks Picks

Might be finally time to pick up these beaten down Juniors

Hopefully the bottom is in for Gold & finally lift-off :)

Tommy · Oct 11, 2018 - 5:31pm

I thought that was a solid line in the sand. I'm very, very surprised...

How2MissTheBull · Oct 11, 2018 - 5:37pm

Now what was it about the "Never ever ever rule"?

Terrance Caffey · Oct 11, 2018 - 6:23pm

if another DOWN day Friday and especially watch the last two hours on what the Monkeys, the FED plumbers might try. If they LOOSE the “PLUNGER.” The ROACHES are in BIG TROUBLE come MONDAY. Have my fingers crossed. REPEAT MONDAY OCTOBER 1987. I was there.

outback

history on me, I have been watching and have been in this stock market longer than Turd has been walking on this planet, but he sure knows more than I do. Must be smart.

Terrance Caffey · Oct 11, 2018 - 6:25pm

key board stuck

Terrance Caffey · Oct 11, 2018 - 6:26pm

iPad keyboard stuck

Ronnie 666 · Oct 11, 2018 - 7:15pm

Without a podcast today, folks will be looking ofr answers so I used your post as a way to direct people to the other thread.

· Oct 11, 2018 - 7:16pm

Today was the best day for CDG since +$59 on June 24, 2016...the day after the Brexit vote.

· Oct 11, 2018 - 7:17pm
Bollocks · Oct 11, 2018 - 7:24pm

You should have paid attention to Charlies's post. It's a dodgy iphone 6, not an 8.

· Oct 11, 2018 - 7:43pm

Today's discussion with Cory touched most of the relevant topics.

https://www.kereport.com/2018/10/11/factors-driving-metals-higher-markets/

Terrance Caffey · Oct 11, 2018 - 7:58pm

Tomorrow, Friday will be the Story and what the Close of the Major Index’s will be.

The Plumbers will NOT be able to Save the sewer!

DOWN

Then the Roaches will loose a lot of sleep over the weekend.

My take “BLACK” is still the winning BET MONDAY for the Roaches.

fluxplus · Oct 11, 2018 - 8:16pm

Looks like. So far we have perfect 45 degree down angle. At that rate we will hit $1214 by 7 am.

Mickey Silverstone · Oct 11, 2018 - 10:06pm

way back in 2008, the day QE was announced, gold was driven down $40 in the morning, and closed up $40. An 80 buck swing. I think gold was around 700 then.

HUI swung 15%.

Bruno Gallo · Oct 11, 2018 - 10:23pm

Anyone surprised ?

abundance · Oct 11, 2018 - 11:45pm

she starts talking about feinstein and blum...blew me away..I am positive most in this area have NOOOO fing

idea

#CHINAGATE: FEINST_IN IS THE NEW(OLD) HIL_ARY #LOCKHERUP
Lemming · Oct 12, 2018 - 12:10am

Does this sound somewhat familiar to gold and silver traders?

ZeroHedge

"Today was different, because shortly after 2:40pm when a massive selling program emerged as if out of nowhere and sent the Dow Jones plummeting by over 600 points in a manner of minutes, the selling volume was indeed one for the ages.

According to the NYSE TICK, or uptick minus downtick, index, at precisely 2:43pm, the selling order flood was so big it not only surpassed the acute liquidation that was observed around 3PM on Wednesday, but the -1,793 print was one that had not been seen for 8 years"

https://www.zerohedge.com/news/2018-10-11/what-liquidation-panic-looks-burst-sell-orders-243pm-was-highest-flash-crash

Now what fool would have the money to simply destroy the bidstack? Perhaps the same one that regularly does the same in gold & silver?

The Kavanaugh thing didn't work out so well in terms of potential mid term election results. Perhaps this will.....

mavens · Oct 12, 2018 - 1:30am

You know who makes great music? Chris Stapleton. This guy is fantastic. Poetic. Talented. Lyrically exceptional. Frankly, he is a badass motherfucker.

I know, off topic. Sue me.

Go Silver, Go Gold, Go Green.

EDIT: I'm also a HUGE fan of The Flaming Lips. They are uber liberal retards, but they make incredible music.

Noteriety · Oct 12, 2018 - 2:24am

Hmm, lets go disrupt some Clinton speeches - named by location - very antifesque.

The US nation is dividing along the lines of Racists vs. Pedophiles. There are Middle Class Americans cheering on the eradication of the Middle Class (Bringing down the Fed LOL!)

And I have a new policy: when I hear a you-tuber or alt-media persona say "Globalist", I stop listening. It is nauseating.

Legitimate Conspiracy concerns (such as the truth our entire existence) are becoming buried under more and more heaps of shit; inaccessible to more and more humans.

All one can do is sit in awe at the unfolding Grand Plan (oh and try to take the near-futile steps to permit the continuation of the bloodline). Amazing.

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The TFMR Silver Round

Key Economic Events week of 6/11:
6/12 Trump-Kim summit
6/12 8:30 ET CPI
6/13 8:30 ET PPI
6/13 2:00 ET June Fedlines
6/13 2:30 ET CGP presser
6/14 8:00 ET Count Draghi presser
6/14 8:30 ET Retail Sales
6/14 10:00 ET Busi.Inv.
6/15 9:15 ET Ind. Prod

Key Economic Events week of 6/4:
6/4 10:00 ET Factory Orders
6/5 9:45 ET PMI Svcs
6/5 10:00 ET ISM Svcs
6/6 8:30 ET Intl Trade and Productivity
6/8 10:00 ET Wholesale Trade

Key Economic Events week of 5/28:
5/30 8:30 ET Q2 GDP 2nd guess
5/31 8:30 ET Personal Income
5/31 9:45 ET Chicago PMI
5/31 10:00 ET Pending Home Sales
6/1 8:30 ET BLSBS
6/1 9:45 ET PMI Manu Index
6/1 10:00 ET ISM Manu Index
6/1 10:00 ET Const Spend

Key Economic Events week of 5/21:
5/22 10:00 ET Richmond Fed
5/23 9:45 ET PMI Composite
5/23 10:00 ET New Home Sales
5/23 2:00 ET May FOMC minutes
5/24 10:00 ET Existing Home Sales
5/25 8:30 ET Durable Goods
5/25 9:20 ET Chief Goon Powell speech

Key Economic Events week of 5/14:
5/15 8:30 ET Retail Sales and Empire State Fed
5/15 10:00 ET Business Inv.
5/16 8:30 ET Housing Starts
5/16 9:15 ET Industrial Production
5/17 8:30 ET Philly Fed

Key Economic Events week of 5/7:
5/9 8:30 ET PPI
5/9 10:00 ET Wholesale Trade
5/10 8:30 ET CPI
5/11 8:30 ET Import/Export Prices

Key Economic Events week of 4/30:
4/30 9:45 ET Chicago PMI
4/30 10:00 ET Pend Home Sales
5/1 9:45 ET PMI and ISM Mau Idx.
5/1 10:00 ET Const. Spending
5/2 2:00 ET FOMC fedlines
5/3 9:45 ET PMI/ISM Svcs.
5/3 10:00 ET Factory Orders
5/4 8:30 ET BLSBS

Key Economic Events week of 4/16:
4/16 8:30 ET Retail Sales, One Fed Goon speech
4/16 10:00 ET Business Invt.
4/17 9:15 ET Industrial Prod., Four Goon speeches
4/18 Two Goon speeches
4/19 8:30 ET Philly Fed, One Goon speech
4/20 Two Goon speeches

Key Economic Events week of 4/9:
4/10 8:30 ET PPI
4/10 10:00 ET Wholesale Trade
4/11 8:30 ET CPI
4/11 2:00 ET March FOMC minutes
4/12 8:30 ET Imp/Exp Prices
4/13 Fed Goon Speeches...Rosengren 7:30 ET, Bullard 9:00 ET, Kaplan 1:00 ET

Key Economic Events week of 4/2:
4/2 9:45 ET PMI Mfg Idx
4/2 10:00 ET ISM Mfg Idx and Construction Spending
4/4 9:45 ET PMI Svcs Idx
4/4 10:00 ET ISM Svcs Idx and Factory Orders
4/5 8:30 ET Intl Trade
4/6 8:30 ET BLSBS

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