Sponsored by

Gold Into 2020 with Andrew Maguire


It has been a crazy year but, with things finally slowing down a bit with the holidays, we finally had a chance to get caught up with our old friend, Andrew Maguire.

Wow! As you might imagine, Andy and I had a lot to discuss. The year 2019 has been extraordinary and 2020 has the potential to unleash all sorts of market-changing events. Like what, you ask? Well, you're just going to have to listen to this podcast.

Understand this...no one has a better handle on the co-mingled physical and paper markets than Andy. So when he discusses the physical market stresses and how these affect the entire pricing scheme, you need to listen. When he mentions working with regulators in both the US and UK, you need to consider the possible implications. And when he informs you of the volume of physical gold that is moving "off-grid", you need to be mindful of the pending impact on price.

I urge you to find time over the holidays to give this podcast your full attention. The year 2020 is shaping up to be a significant and impactful year. Prepare accordingly.



Dec 31, 2019 - 5:54am

Poland isn't under US

Poland isn't under US sanctions, and isn't trying to divest itself of USD ties - Russia is on both counts. Maybe it's just prudent to buy 10 times as much when half the world's nuke at pointed at you....

Dec 26, 2019 - 9:02am

J Siefert

I have told this story before, however in case you missed it.

I had bacterial meningitis as a young boy. I met with a whole group of people, likely related somehow. They asked if I wanted to go back or stay. I said I wanted to go back however did not like all the violence.

They said I would marry a Dutch woman and do fairly well financially.

I forgot about this over the years although did recall it several times as I grew up. I met my wife in an English university and only recalled my encounter with the world beyond after we were married a couple of years.

Yes she is Dutch and I certainly can't complain about how we did financially.

So, I suggest you have a plan B, just in case we are being judged while we are here. Can't say I was given any hints, however personally I believe I have chosen a better path than the bankster.

Dec 26, 2019 - 8:48am

They are a joy,

however just a hand full. We did have an afternoon lunch at a fairly posh place without too many major incidents. Two cups of water spilled over a very nice round table for the nine of us.

Had to remove everything in our home to be above their reach and plug the wall outlets. Two grand kids left early this morning, so they sleep in the car.

The other 1.5 will leave this afternoon, so the commotion level is much reduced.

Merry Christmas All.

J Siefert
Dec 26, 2019 - 5:59am

A Song in Austrian Dialect

The folk singer, Andreas Gabalier lost his father and sister a few years ago. Both committed suicide. My wife who passed away recently came from Styria, the same part of Austria where Andreas comes from. This morning I found this song where he sings about his loss. This version has English subtitles...

Amoi seg' ma uns wieder - Andreas Gabalier (English Subtitles)

As some of you may know I personally do not believe in life after death, aber trotzdem...

Dec 26, 2019 - 5:58am

Lucky You Orange

I don't have any Grandkids and I have two daughters in their 50's. So I never will have any. Enjoy them my friend as they soon grow up. Keep Stacking

Dec 26, 2019 - 5:37am

Merry Christmas all!

2019 - the year that broke me mentally. I am now numb listening to all the pumping and all the "facts" that should lead to a breakout. However, haven't sold a single oz of Ag and added 1500.00 in junk face over Thanksgiving at a steal. Head into 2020 owning 489,000 shares of NAK @ .60 as I baghold once again. Best of luck to all here; Chinese now officially hate Trump as their propaganda machine has been in full motion for 6 months.

Dec 25, 2019 - 8:15pm

Not by accident

Nothing happens by accident. Sometimes the situation speaks for itself.

Rare buy call

A very rare silver buy call came from the CPM Group ahead of the new year. The group issued an intermediate-term silver buy recommendation for investors in December, stating that "the silver market is at a critical vertex at present."

Silver prices are more likely to rise than fall in the next few years, but uber bulls might still be disappointed, explained CPM.

"Silver market fundamentals are precariously similar to the critically poor conditions that existed in 1989. Our expectations are that the market may avoid the long period of net investor silver selling and low prices that followed from that year," said CPM Group's vice president in charge of research Rohit Savant.

CPM defined its intermediate timeline as between two and three years. The last time CPM issued a recommendation on silver was back in May 2011 when prices reached $48.19 and CPM advised to sell.

"CPM has waited until now for a variety of reasons known to our clients. For one, the market has not supported strongly higher prices over the past few years. As a result, prices have not moved sharply off their 2015-2016 lows," CPM managing partner Jeffrey Christian clarified.

By Anna Golubova

For Kitco News


Dec 25, 2019 - 7:55pm


Great to see you. I've been missing your confidence and encouragement.

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Dec 25, 2019 - 6:18pm

"Being right too soon is socially unacceptable."

Robert Heinlein

Can also be injurious to one's wealth & health.

Robert Anson Heinlein was an American science-fiction author, aeronautical engineer, and retired Naval officer. Sometimes called the "dean of science fiction writers", he was among the first to emphasize scientific accuracy in his fiction, and was thus a pioneer of the subgenre of hard science fiction.

Marchas45David S. Corderman
Dec 25, 2019 - 2:07pm


All You Have To do With Silver IS: Keep Stacking IT!!!!!

Merry Christmas

Subscribe or login to read all comments.


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 9/21

9/21 8:00 ET Goon Kaplan
9/21 10:00 ET Goon Evans
9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
9/25 11:00 ET Goon Evans #4
9/25 3:00 pm ET Goon Williams again

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
8/11 8:30 ET Producer Price Idx
8/12 8:30 ET Consumer Price Idx
8/13 8:30 ET Initial jobless claims
8/13 8:30 ET Import Price Idx
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Unit Labor Costs
8/14 8:30 ET Cap Ute and Ind Prod
8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
8/3 10:00 ET ISM Manu PMI July
8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
7/29 2:00 ET FOMC Fedlines
7/29 2:30 ET CGP presser
7/30 8:30 ET Q2 GDP first guess
7/31 8:30 ET Personal Income and Spending
7/31 8:30 ET Core inflation
7/31 9:45 ET Chicago PMI

Key Economic Events Week of 7/20

7/21 8:30 ET Chicago Fed
7/21 2:00 ET Senate vote on Judy Shelton
7/22 10:00 ET Existing home sales
7/23 8:30 ET Jobless claims
7/23 10:00 ET Leading Economic Indicators
7/24 9:45 ET Markit flash PMIs for July

Recent Comments

by TheYeomanFarmer, 1 min 4 sec ago
by Turd Ferguson, 1 min 6 sec ago
by J Siefert, 5 min 10 sec ago
by MNGold, 6 min 10 sec ago
by robobrewer, 9 min 4 sec ago
by robobrewer, 16 min 25 sec ago

Forum Discussion