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Thursday Conversation - David Jensen


There are two important things that I needed to discuss with David Jensen. One, the ongoing dollar shortage and liquidity crisis. Two, the new all-time highs in palladium. Fortunately, he was happy to join me for this podcast and you should be sure to give it a listen.

On Twitter (@RealDavidJensen), David has been warning everyone for months that The Fed's contraction of the money supply was going to lead to some serious liquidity issues...and here we are. As David explains in a discussion punctuated with the three charts below, this is a problem that will only get worse in the weeks and months ahead.

And we conclude with a discussion of palladium as it breaks out to new all-time highs. Earlier this year, we described palladium as a possible "magic bullet" for exposing The Banks' fractional reserve and digital derivative pricing scheme. Could palladium follow rhodium ever higher and lead to a supply shortage and run on The Banks? We'll see....

Thanks for listening and thanks to David for sharing his expertise with us.



Sep 28, 2019 - 10:06pm

stock flow

Thanks, I was able to read the relevant pages of that book. It explains that if the stock/flow ratio is high, that means there is no worry about increased supply causing a wild price fluctuation.

However, it does not explain why e.g. platinum is not hoarded and gold is hoarded in the first place. Why would it not make sense for people to start hoarding platinum until it has a similar stock/flow ratio as gold or silver?

Sep 27, 2019 - 10:51am

Re: Three shells

Clearly poor reference to the movie Demolition Man. Taco Bell had won the franchise wars

You will need to check out the rest of movie, seems to be where we're headed

Demolition Man - Taco Bell


Sep 27, 2019 - 10:46am


Anyone recall if Sprott has mentioned anything about this company?

The Company completed a $25 million non-brokered private placement ("the

Offering") on July 18, 2019 which included two of the Company's major

shareholders, Mr. Eric Sprott and Tocqueville Gold Fund.

Sep 27, 2019 - 10:43am

H8FIAT Kit Kat Bar tunes and 3 shells-where's Greta?

I like chocolate candy commercials.

3 shells?

My bidet has a Chevy 427, Holley 4 barrel and a 4 speed Hurst shifter

As far as climate change goes, Eff that.

I'm into high cube heavy H.P. for the clean fresh feeling.

Where's Greta Thunberg, chief scarecrow for the climate change children of the corn?

We need her talking about precious metals price manipulation not global warming

Sep 27, 2019 - 10:27am

Finally got a chance to listen...

...and if I may, I am going to borrow a line from another Emilio Estevez movie, "The Breakfast Club".

As John Bender would have said (if he were a stacker), the last part of this interview regarding the breaking up of the Rhodium, Palladium, Silver & Gold markets... It really pumps my nads....

Sep 27, 2019 - 10:00am

If all Markets Rigged

My guess is that they will have to develope a world-wide derigging program that can not be implemented over night in order to limit the damage resulting from a sudden shock of markets returning to a semblance of reality. After 11 years of “artificial up”in general markets, a quick adjustment could result in dramatic losses, coupled with the impending failure of many retirement funds, 401ks and corporate institutions.

Central Banking, the biggest Fraud in the history of the world, and “too big to fail” banks have been designed to transfer wealth and it will take an organized and transparent effort to limit the damage reversing this Crime.

Sep 27, 2019 - 9:43am

Seeing the PM's gains evaporate

I'm happy that the world's issues have been all solved.

  • Trade with China will be great
  • SA and Yemen will sing kumbaya or some rendition.
  • Free money for all in trade for something my dog's leave behind
  • All the worlds debt, both negative and positive has been paid
  • The world will move to backed currencies with rock.
  • JPM will rule the world along with Taco Bell (need three shells)

The only good thing I was able to load up on Dec SLV options at a deep discount, however some of my options left for Monday are out on the lawn with the dogs collateral


Sep 27, 2019 - 9:41am

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Sep 27, 2019 - 9:21am

There the riggers go

is gonna be ugly when 50-day in gold/silver is taken out. Probabilty of that increasing. Not worried about long term for obvious reasons. Getting more worried about medium term though, rest of this year and beginning of next

Sep 27, 2019 - 9:14am

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