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Thursday Conversation - Dave Kranzler

30

After everything we've had to deal with over the last couple of days...couple of weeks, actually....or more like the past five or six years...I thought it would be fun to visit again with my pal, "Denver Dave", and get his opinion on where things stand at present.

First of all, if you're offended by the occasional use of "salty" language, then you might as well navigate away right now and go check out a podcast at NPR, instead. Whenever I get together with Denver Dave, the conversation is invariably more like two guys shooting the shit rather than a formal interview.

Additionally, you should be sure to take these two links and bookmark them. Not only are they discussed in this podcast, but they are both indispensable resources for understanding the precious metal "markets".

Thanks again to Dave for his time. All of his work and products can be found at his website. You should be sure to check it out. http://investmentresearchdynamics.com

TF

  30 Comments

AgAuMan
Apr 4, 2019 - 3:09pm

gold

gold

remup181
Apr 4, 2019 - 3:27pm

Silver

Silver

chudson
Apr 4, 2019 - 3:53pm

Bronze

Turd

Blackwatersailor
Apr 4, 2019 - 4:46pm

Copper

Copper baby

LP
Apr 4, 2019 - 4:59pm

Lead

Plumbum in Latin

mike97
Apr 4, 2019 - 5:00pm

Happy Days are here again!

Gold and silver made small gains on the day but the HUI was up 2.74%. Almost all my 15 miners (not Novo,Irving or Westhaven) are up between 2 and 11% today. If we can see a poor BLSBS the metals should soar tomorrow. Now to listen to Dave.

TF Metals fan
Apr 4, 2019 - 5:05pm

Thanks

Few things I picked up: 'History doesn't repeat but it rhymes' Yes I had heard that before. But what if we do not see a big drop in prices? Then the final words of Dave might become prophetic: the price of gold might slide into higher prices without the world noticing....

And finally the confirmation that this future contract business leads to manipulation. And this extend much further than gold and silver. It is the key reason why the whole commodity sector is on its knees.

Thank you Craig & Dave

BillW
Apr 4, 2019 - 5:13pm

Hand in the fiat candy jar

Agreed

Look how much money goes into crypto rather than pm.

Had that money gone to pm, comex would be history by now, in my opinion.

Loblolly Pine
Apr 4, 2019 - 5:35pm

Curiosity piqued

Great discussion regarding the post 1971 events, love the historical perspective!

Montross515
Apr 4, 2019 - 5:48pm

KL Rough Numbers

Official guidance is for KL to produce a million ounces this year with an expense cost of $300/ounce. That $1000 profit per ounce, times a million ounces and divided by the 200,000,000 shares equals a profit of $5/share. If my numbers are too rough, say $4.38 a share.

So what does the Chairman of the Board do when he looks at official, public numbers and the market offers $32/share? ( obviously $5 times 20 PE is a share value closer to $100).

He could start buying more shares and increase his ownership from 20% to 22%——or, if a bigger thinker he might resign and.......

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

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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

Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts & Bldg Perms
11/20 2:00 ET October FOMC minutes
11/21 8:30 ET Philly Fed
11/21 10:00 ET Existing Home Sales
11/22 9:45 ET Markit November Flash PMIs

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

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