TF's Contributions

SPECIAL PODCAST: Dan Wilton, CEO of First Mining Gold

Monday, August 2, 2021 - 9:00am

Today marks the start of my annual "Summer Sabbatical"...my one week of the year where I try to get away and clear my head. So, to that end, here's your thread for today and I think it's something you'll find interesting.

It was just a few weeks ago that we had Keith Neumeyer in for an...

TFMR Podcast - Friday, July 30

Friday, July 30, 2021 - 5:05pm
17

I'm not going to let the past 24 hours of overt Bank price manipulation take away from what was a very nice week for the Comex digital metals.

It was, indeed, a very solid week with Chief Goon Powell setting the table for more gains in the weeks to come. Next week promises to be active...

Week End Month End

Friday, July 30, 2021 - 10:43am
By
18

The week and month finally draw to a close today with the ongoing rebound bringing hope for a better August. But there are some hurdles to overcome as we try to reverse the June losses so let's all get on the same page today as July finally draws to a close.

Greetings from Summer...

Thursday Conversation - Denver Dave Kranzler

Thursday, July 29, 2021 - 2:00pm
With
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My old pal, Denver Dave, stops by today to discuss The Fed, the word "transitory", the price of Comex gold and the malaise in the mining shares. If you don't think that's fodder for an amusing and entertaining discussion, then you've not heard Dave and I share a podcast before.

Again,...

Post Powell Pop

Thursday, July 29, 2021 - 9:04am
By
18

As noted in yesterday's podcast, Chief Goon Powell muttered his way through his post-FOMC "press conference" and did an excellent job at convincing the smartypant MSM financial media that taper and rate hike are still nowhere in sight. As you might expect, this has led to some rather friendly...

TFMR Podcast - Wednesday, July 28

Wednesday, July 28, 2021 - 6:01pm
23

Chief Goon Powell through some cold water on the MSM narrative of pending taper today and, in the process, stumbled to define what "substantial further progress" actually means to him and his Goons. The result was a plunge in the POSX and interest rates which, of course, meant a nice bounce and...

July FOMC Day

Wednesday, July 28, 2021 - 10:34am
By
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MrsF gave me a framed version of that famous Johnny Cash picture for Father's Day and it proudly sits on the bookshelf behind me as I type. Could there be a better image to sum up another FOMC Day?

So here we are again. The desperate-for-headlines mainstream financial media is once...

TFMR Podcast - Tuesday, July 27

Tuesday, July 27, 2021 - 4:35pm
20

Since last week, we've expected an option settlement near $1800 and we go just that today. However, that's now behind us so we can begin to focus upon Chief Goon Powell, his FOMC Fedlines and his "press conference" tomorrow.

What will CGP have to say? How many times will he use the...

Putting Tuesday Behind Us

Tuesday, July 27, 2021 - 10:39am
By
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Since last week, we've been warning that the price of Comex gold was likely going to stuck in the mud near $1800 until option expiration day...which is finally today. So, let's put this behind us and begin to look forward to the remainder of the week and next month.

Again, we're not...

TFMR Podcast - Monday, July 26

Monday, July 26, 2021 - 5:07pm
19

It was another gnarly day in paradise as The Banks maintain their stranglehold on the Comex digital metals ahead of tomorrow's Comex option expirations. Will things finally improve later in the week after the FOMC and the inflation data? Let's talk about it.

For today, we begin the...

Another FOMC Week

Monday, July 26, 2021 - 9:53am
By
20

Oh my goodness. Another FOMC week? How could that be? Wasn't there just an FOMC meeting a few weeks ago?

But, yes, there is. It'll be the standard schedule, too, with Fedlines at 2:00 pm ET on Wednesday and then a "press conference" with Chief Goon Powell at 2:30. So what will be said...

SPECIAL PODCAST: Amir Adnani, Chairman and Founder of Gold Mining, Inc.

Sunday, July 25, 2021 - 10:00am
With
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As you've learned here at TFMR, sometimes the key to successful investing is to recognize the value in finding market inefficiencies. I think I may have discovered one in Gold Mining, Inc. so I thought it would be a good time to hear again from Amir Adnani, the founder and chairman of the...

TFMR Podcast - Friday, July 23

Friday, July 23, 2021 - 5:02pm
22

The week has drawn to a close so it's time to wrap it up and put it behind us.

Next week will be interesting with the July FOMC and some July inflation data. For this week, though, just a general discussion and then a mention of this screenshot:...

At Least It's Friday

Friday, July 23, 2021 - 10:37am
By
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That's about the only good thing I can say about today as summer doldrums and pending option expirations have seemingly sucked the life out of the Comex digital metal markets.

It doesn't necessarily have to continue this way all the way through next week. Yes, Comex option expiration...

Thursday Conversation - Alasdair Macleod on Basel III

Thursday, July 22, 2021 - 2:54pm
With
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We all felt sucker-punched two weeks ago when the Prudential Regulation Authority of The Bank of England seemed to throw a lifeline to the LBMA and possibly exempt the Gold Pricing Cartel from the capital requirements of Basel III. However, after some digging and thought, our friend Alasdair...

Down But Not Out

Thursday, July 22, 2021 - 11:32am
By
21

The hoped-for rally today has not yet materialized but at least prices have bounced after being jabbed lower again overnight. The day is still young, however, so let's see how we finish before we move on to tomorrow's weekly close.

My apologies for the delay in today's post. MrsF had a...

TFMR Podcast - Wednesday, July 21

Wednesday, July 21, 2021 - 5:05pm
19

It was a quieter day as the "stock market" bounced back to now be green on the week. This led to a selloff in bonds and the POSX, which prompted a nice bounce in CDS. So the primary topic of today's podcast is whether or not this bounce can hold and, if it does, what levels should we watch into...

A More Calm Day

Wednesday, July 21, 2021 - 10:25am
By
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As discussed in yesterday's podcast, there is really no news today to move the markets. There are no economic datapoints and we're into the usual 10-day "quiet period" the precedes an FOMC meeting.

So this is a very quiet day. Unless something unexpected happens, we'll likely see lower...

TFMR Podcast - Tuesday, July 20

Tuesday, July 20, 2021 - 5:25pm
20

The struggles continued today as our latest period of selling continued into its third day even though the "stock market" bounced back and liquidity concerns seemed to fade again into the background.

So today we mainly tried to get caught up after a long weekend and a busy news day on...

What Comes Next?

Tuesday, July 20, 2021 - 10:10am
By
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Well, this should be an interesting day. Over the past few months, the "stock market" has flirted with a sharp decline, only to recover and head higher by the next day. So what happens today will be telling.

So far, many of the other "possible liquidity event" signals remain today. The...