Thursday Conversation - Alasdair Macleod of GoldMoney

Please be sure to listen to this FREE, PUBLIC podcast.

71

Yes, I realize that it's Friday but this week's schedule is such that this podcast could not be posted on Thursday. Additionally, this discussion with Alasdair is so valuable that I wanted to post it at the top of the TFMR homepage and leave it there all weekend.

My purpose in reaching out to my old friend, Alasdair, was to discuss these two recent research pieces. As gold and silver are progressing higher in our 2010+9 scenario (https://www.tfmetalsreport.com/blog/9151/2010-9), it's important to consider the potential ramifications of both:

Many thanks to Alasdair for the generous donation of his time. Please be sure to listen and give this podcast your thorough consideration.

TF

  71 Comments

LP
Aug 16, 2019 - 2:31pm

First?

Have a great weekend, folks!

AgAuMan
Aug 16, 2019 - 4:24pm

silver

silver

allenb
Aug 16, 2019 - 4:49pm

another excellent interview

Another excellent interview with a very knowledgeable person.

You have a good network of friends and associates.

Thanks Craig

uni59
Aug 16, 2019 - 5:11pm

bank run

did Hong Kong make a run on the bank? also can we still get TF silver rounds at a reduced rate and if so how do i order some was it 20 a month?

Bard the Bowman
Aug 16, 2019 - 5:37pm
uni59
Aug 16, 2019 - 5:50pm

TFMR rounds

They're out of stock.

Maybe I can get Josh to make some more now that demand is picking up again.

Aug 16, 2019 - 6:04pm

CoT thoughts

Comex Digital Gold: Remember, CDG was up $30 on the CoT week while OI fell. You'd have thought there would be another significant deterioration...but there wasn't. In fact, the Large Spec NET long position actually FELL by about 2,500 contracts! The Large Specs are still NET long a massive 290,000 contracts but this is a very nice surprise, nonetheless.

Comex Digital Silver: Keep in mind that while CDG was up $30, CDS rose by 53¢. So you'd have expected a deterioration here, too, but you didn't get it. In fact, the Large Spec NET long position actually shrank by 10,500 contracts! This is a very pleasant development, too.

Because of the net selling be The Specs, the Commercials were able to reduce their net position. The curious part is that they did so by adding 7,903 new LONGS instead of massively covering old shorts. I'll better explain this in Monday's podcast. In this podcast, Alasdair may have provided an explanation, too...

Marcus
Aug 16, 2019 - 6:06pm

good interview

You certainly are hooking up with some fine guests these days, Craig (and Alasdair's command of the English language makes me feel oafish by comparison; what a great speaker). Can't wait for your "ask the expert" segment with David Rosenberg.

As a thought experiment, let's say gold makes a run to $1600 and the GSR narrows to 80 to 1 (sorry, I can't see 50 to 1 at this point in time). Ergo, $20 silver? Just fantasizing.

Aug 16, 2019 - 6:22pm

Chart update

A solid end to the week. Both digital metals with green weekly candles and both finishing above key resistance levels.

indiana rod
Aug 16, 2019 - 8:37pm

Epstein's Death

The verdict is in. The official autopsy report shows the Epstein died by hanging.......................................... with the Clintons.

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

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

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

by Trail Trekker, 6 hours 32 min ago
by allenb, Feb 22, 2020 - 10:54pm
by sierra skier, Feb 22, 2020 - 8:48pm
by NW VIEW, Feb 22, 2020 - 6:51pm
by sierra skier, Feb 22, 2020 - 6:33pm
randomness