Craig Hemke from TF Metals Report – Thu 2 Feb, 2017

The currency market moves have been crazy this year

Craig Hemke is with us this week to focus on the movement in currencies. The USD downtrend continues and is back to levels not seen since the election. This is quite the change since dollar bulls dominated the market as we moved into the end of 2016. Trump can be thanks for this lower dollar but the Fed also seems willing to let the dollar continue down. All this has been very supportive for gold.

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  1. On February 2, 2017 at 11:43 am,
    CFS says:
    • On February 2, 2017 at 4:06 pm,
      DarkPurpleHaze says:

      How’d this analysis turn out?

      “Yes, I expected some historic, explosive price action this summer. Not knowing the true timeframe, I asked for the period 6/21 – 9/21. Nuts. Didn’t Hasn’t happen(ed). All we can do now is continue to wait. In the meantime, I’m at least gratified by the fact that I pleaded with you all summer to buy and add to your stack while silver was bouncing between $26 and $28. Since there are still folks out there who criticize me for suggesting you buy at $47, I can now rightly claim that anyone who followed me at $27 is just $2 away from being even. (For the mathematically challenged, 47+27 / 2 = 37.) And, rest assured, $37 is right around the corner as is a return to $47 and beyond.

      “Very soon, ACQUITTAL will be at hand and VINDICATION will be ours. In the meantime, we’ll just watch the metals grind forward in their Cartel-enforced pattern of “managed ascent”… ”

      • On February 2, 2017 at 4:20 pm,
        DarkPurpleHaze says:

        There’s a term for those who make up synthetic words or subjects out of thin air. HEH anyone?

        “The term protologism describes a word, acronym or phrase which has been coined in the ‘hope’ that it will become accepted into usage.
        In other words, it’s an invention, a bit of linguistic creativity or B.S. which has not yet made it into general public consciousness but aspires to gradually squeeze its way into general usage through attempts to, quite literally, ‘spread the word’.”

        • On February 3, 2017 at 4:48 am,
          OOTB Jerry says:

          DPH………”coined in the hope”………good one…… 🙂

  2. On February 2, 2017 at 11:47 am,
    CFS says:

    What Ron Paul does not realize is that Iran FUNDED North Korea to develop missiles and got back that technology.
    Obama was under the TOTALLY erroneous assumption that it would take Iran a decade to develop nuclear missiles, when the fact is that it would take three years…..two years to go.

    • On February 2, 2017 at 2:03 pm,
      Bonzo Barzini says:

      Obama was not fooled by Iran. Obamas supporters are the ones who were fooled to put this pro-Iranaian traitor in the Whitehouse.

    • On February 2, 2017 at 2:32 pm,
      Robert Moriarty says:


      You are back to your old one sided disinformation campaign. There are nuclear weapons but no nuclear missiles. A missile may carry a weapon but it is not a weapon and there are no nuclear powered missiles.

      17 US intelligence agencies all agree Iran has no nuclear weapons program. Having the ability to do something is not the same as having the intention.

      Benjamin Netanyahu’s wife is equipped to be a prostitute but that doesn’t mean she has the intention. But you knew that, you just wanted to see if anyone reading what you wrote was stupid or not.

      • On February 2, 2017 at 6:07 pm,
        CFS says:

        Interesting how they are going to use their current missile technology as a defensive weapon, though.
        You know, Mr. Moriarty, there is only one use for intercontinental ballistic missiles.

        • On February 2, 2017 at 6:54 pm,
          b says:

          interesting cfs, what would Israels be intended for?

          • On February 2, 2017 at 8:01 pm,
            CFS says:

            I assume an eye for eye in their death throws.

            Is that not a Jewish belief?

        • On February 2, 2017 at 7:58 pm,
          Robert Moriarty says:

          And how does that give the United States the right to interfere in Iran’s affairs? Israel has intercontinental ballistic missiles. What exactly does Israel intend to do with them, bomb their own open air prisons?

          • On February 3, 2017 at 4:50 am,
            OOTB Jerry says:

            Bob is on ….target……….. good one …..

          • On February 3, 2017 at 5:28 am,
            confused says:

            Ha ha!!! +1

          • On February 3, 2017 at 6:02 am,
            Matthew says:

            To this day, most Americans don’t know that the U.S. overthrew Iran’s democratically elected leader in 1953. Of course, after a lifetime of public schooling (programming), how could they care even if they did know?


          • On February 3, 2017 at 7:01 am,
            OOTB Jerry says:

            good one Matt……..

          • On February 3, 2017 at 7:22 am,
            Robert Moriarty says:


            And Israel was the one supplying weapons to Iran during the Iran Contra affair. It’s only lately the Israel has determined they need another enemy to destroy.

          • On February 3, 2017 at 1:07 pm,
            GH says:

            Matthew: I guess the motto for the gov’t schools could be ‘dumbing and numbing’

            I’m still waiting for someone to explain to me why Iran is the bogey man.

            Is it because they are a military threat, or is it because they refuse to surrender sovereignty, and have a lot of resources? Or are they a threat to a Western Imperialist desire to keep Eurasia divided and weak?

  3. On February 2, 2017 at 12:04 pm,
    CFS says:

    McCalvany and Doug Noland…

  4. On February 2, 2017 at 12:35 pm,
    CFS says:

    Off Topic:

    This was a raid planned and designed by the Obama Administration.
    Who was the idiot under Trump that authorized and used Obama’s plan?
    Was it Trump himself?

    • On February 2, 2017 at 3:58 pm,
      Robert Moriarty says:


      Presidents don’t plan military operations. All they do is sign off on them. The military planned this operation and wanted it done under a new moon. That couldn’t take place during Obama’s time left in office. Obama signed off on it and then Trump signed off on it. The military planned it and botched it, not the president. Trump didn’t screw it up, the military did.

  5. On February 2, 2017 at 1:05 pm,
    Jason says:

    My gold miners are strong, like bull! Snort! But my silver is weak like lamb! Baaa.

    Netted 3.7% profit today on USLV stop-out. Up 26% on my ASM, 15% on my NUGT, and 3.5% on my son’s SLV.

    How about you SHAD?

    • On February 2, 2017 at 6:15 pm,
      Excelsior says:

      Yes – My Gold miners and Silver miners were mostly snorting and charging higher today. Thanks for checking, and tell stinky to stick with SLV until he’s a grown man.

      • On February 2, 2017 at 6:19 pm,
        Excelsior says:

        My biggest bullish snorter today was a 28% jump in Klondike Silver. (thanks JohnK)

        (KS) (KLSVF) Klondike Silver

        “The Company’s assets include 68 past #producing #mines, a 100 ton per day flotation #mill in Sandon, and over 100 square kilometres of prospective exploration lands.”

        Highly prospective for more #exploration into #development, and they are moving forward with a reboot.

        Klondike Silver updated Corporate Presentation:

        • On February 2, 2017 at 6:20 pm,
          Excelsior says:

          KS is a more thinly traded stock (for now…), but I see it going up 280%+ not just 28%.

        • On February 2, 2017 at 7:58 pm,
          JohnK says:

          Right back at you.

  6. On February 2, 2017 at 1:56 pm,
    OOTB Jerry says:

    Yellen is getting taken to the woodshed in congress……..I bet she does not make it to year end………..TRUMP WILL FIRE HER>……..jmo

  7. On February 2, 2017 at 2:01 pm,
    OOTB Jerry says:

    Here is a good one……at zerohedge.
    Student Debt bigger than they realized.
    ..not me, Ive been reporting on this for 4 years……….SCAM

  8. On February 2, 2017 at 2:02 pm,
    OOTB Jerry says:

    GOING on Record………NEXT SCAM……….RENT TO OWN………

    • On February 2, 2017 at 2:10 pm,
      OOTB Jerry says:

      RENT TO OWN …with govt guarantee . ….there will be more foreclosures than the last time……..Blackstone is going to dump about 48,000 units, that they picked up cheap from freddie and fannie , on the taxpayer…….zerohedge (last week)

      • On February 2, 2017 at 2:11 pm,
        OOTB Jerry says:

        Two hundred dollar repossessed homes, …..which will go for $300,000 plus.

      • On February 3, 2017 at 5:13 am,
        OOTB Jerry says:

        Blackstone… Blackrock, and i think the education secretary has links to the owner

    • On February 3, 2017 at 5:12 am,
      OOTB Jerry says:

      Trump to sign executive order………undoing DODD FRANK

      • On February 3, 2017 at 5:14 am,
        OOTB Jerry says:

        good article at zerohedge

  9. On February 2, 2017 at 2:28 pm,
    CFS says:

    Off Topic:
    What Berkeley missed:

  10. On February 2, 2017 at 3:24 pm,
    JohnK says:

    2017 OTCQX Best 50 Companies

  11. On February 2, 2017 at 3:28 pm,
    CFS says:

    Schiff on RT discusses EPA ….

    • On February 2, 2017 at 3:32 pm,
      CFS says:

      Sorry, that RT report was yet another repeat!

  12. On February 2, 2017 at 6:31 pm,
    CFS says:

    Michael Rivero’s views on Soros, one world government and central banks:

  13. On February 2, 2017 at 8:48 pm,
    johnnygeneric says:

    Before a word from the Administration was uttered, the Yen had topped about mid-December.

  14. On February 3, 2017 at 3:51 am,
    wolfster says:
    • On February 3, 2017 at 3:12 pm,
      Excelsior says:

      busy indeed…

  15. On February 3, 2017 at 4:32 am,
    OOTB Jerry says:

    JPM…..back in court on SILVER RIGGING
    lower court overturned…….marketslant feb 2