Craig Hemke from TF Metals Report – Fri 7 Aug, 2020

There’s been some strange developments in the CoT reports for gold and silver

Gold and silver are seeing some historic runs in terms of price but there are some details within the Commitment of Traders reports that are very interesting. Craig Hemke joins me to share what he’s seen in terms of changes in positioning in the CoT reports.

Click here to visit Craig’s site.

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Comments:
  1. On August 7, 2020 at 11:51 am,
    cfs says:

    A precious sale….I would be buying more if I hadn’t spent nearly all my fiat.

  2. On August 7, 2020 at 12:17 pm,
    bonzo says:

    I just bought more NSRPF@2.59. It was over 3.30 3 days ago. Moriarity says in 50 years Novo will be the biggest gold company in the world, and it’s the Horseman’s largest holding.
    Starting in Jan they should be producing over 100000 of gold a year, maybe 124000 oz

    • On August 7, 2020 at 4:02 pm,
      blazesb says:

      I have been both in (thank you Bob Moriarty–you are missed here) and out of Novo. Had a four bagger that i let slide to a 1.5 bagger. Just don’t know what to make of it on so many levels.

      For example they recently announced gearing up for production at Beaton’s Creek which i understand as their ‘original’ play prior to the Pilbara. Lower grades accessible by what i’ll call ‘conventional’ modes of production.

      Which leaves the Pilbara–12,000 square kilometers of all the gold in the world! I swear what i worry about is where will the necessary water come from for production. I know they’ve been mucking about with alternative machines, portable mills that don’t need water.

      I wish them well. Will probably reeenter at some point.

      • On August 7, 2020 at 4:03 pm,
        OOTB Jerry says:

        Ditto……on Bobby……

    • On August 7, 2020 at 6:00 pm,
      keith says:

      Quinton said he is paying the same price for the used mill that needs upgrades as a brand new mill. Bankrupt companies sell their assets for pennies on the dollar. Quinton should be questioned by shareholders. Where is the receivership discount on this used mill ? What is the new fully diluted share number after this used mill closes ?

      • On August 8, 2020 at 1:57 pm,
        Jud says:

        The issue is that is would take years to build a new mill. This puts Novo on a fast track.

  3. On August 7, 2020 at 3:52 pm,
    Excelsior says:

    (REX) (ORMNF) Orex Minerals Announces $5.5 Million Investment By Eric Sprott

    07-Aug-20

    “I am very pleased that Eric Sprott will become our largest shareholder in Orex Minerals. His investment will ensure that the Company has the necessary capital to properly advance our Mexican projects. We look forward to updating the plans going forward and the work programs expected to start soon” remarked Gary Cope, President and Chief Executive Officer of the Company.

    http://www.orexminerals.com/s/NewsReleases.asp?ReportID=879312&_Type=News&_Title=Orex-Minerals-Announces-5.5-Million-Investment-By-Eric-Sprott

  4. On August 7, 2020 at 3:58 pm,
    OOTB Jerry says:

    great info…….at Sprott Money…..some one else posted the web site, with TF. and Eric
    Think……15 to 1 …..GSR………….Irish will be happy again…. ๐Ÿ™‚

    • On August 7, 2020 at 3:59 pm,
      OOTB Jerry says:

      KIS…….S……… ๐Ÿ™‚

    • On August 7, 2020 at 4:06 pm,
      OOTB Jerry says:

      Investors, ………not traders…….need to listen to Eric……on this one……
      Kind of like Jessie Livermore……It is not rocket science here……..

    • On August 7, 2020 at 5:01 pm,
      Excelsior says:

      Look At Who Just Predicted $4,000-$8,000 Gold And $100+ Silver

      August 06, 2020 (King World News)

      “Top Citi analyst Tom Fitzpatrick sent the following report to KWN: Silver just met our $28 target this morning, breaking above major resistance at $26.18-$26.40 in the process (Major lows in 2010-2013 which gave way impulsively in April 2013). However, we believe that this move may be far from over.”

      https://kingworldnews.com/look-at-who-just-predicted-4000-8000-gold-and-100-silver/

      • On August 7, 2020 at 5:21 pm,
        OOTB Jerry says:

        Mega BULL…………coming…….. ๐Ÿ™‚

        • On August 7, 2020 at 5:23 pm,
          OOTB Jerry says:
          • On August 7, 2020 at 5:28 pm,
            Excelsior says:

            At last…. good one.

          • On August 7, 2020 at 5:30 pm,
            OOTB Jerry says:

            Now, you can go play that one to your woman… ๐Ÿ™‚

          • On August 7, 2020 at 5:49 pm,
            OOTB Jerry says:

            Nothing negative , should be construed …… a little time with the better half, and they will forgive all time spent away from home…. ๐Ÿ™‚

          • On August 7, 2020 at 6:44 pm,
            Excelsior says:

            Haha! She’s actually a big fan of that song OOTB and I’ve heard her singing along with it from her art studio and it makes me smile.

  5. On August 7, 2020 at 8:52 pm,
    Excelsior says:

    Peter โš’ Spina @goldseek Aug 6, 2020 on Twitter:

    “I have NEVER, EVER seen a bigger disconnect between the metal prices run up and our stocks prices. NEVER in the past 25+ years. ”

    “Silver up 50% just weeks ago and some silver stocks up a fraction of that. They should be leveraging the price rise higher. by multiples.”

    https://twitter.com/goldseek/status/1291470582773669888

    • On August 7, 2020 at 8:56 pm,
      Excelsior says:

      I couldn’t agree more with Peter. The disconnect in the lack of the move in the Silver miners when the metal price has run so hard to new recent highs has been stunning.

      These silver miners are going to need to have one hell of a catch-up rally, or silver is going to need to pull back down drastically, or both. Of course, it would be best if Silver hung onto most of the gains, and the miners just woke up and blasted higher. It sure would be nice to have things go up 200%-400% from present pricing levels.

  6. On August 7, 2020 at 8:53 pm,
    Jason says:

    I am making bank like a BOSS on ASM, SLV, GLD, and DUST (puts).

  7. On August 8, 2020 at 12:49 am,
    Ebolan says:

    Jerry! You out there???

    You see this? The BLM and Antifa thugs have declared war on this country.

    https://www.rt.com/usa/497390-portland-black-lives-matter-police-precinct/

    • On August 8, 2020 at 12:49 am,
      Ebolan says:

      They should be shot on sight.

  8. On August 8, 2020 at 1:12 am,
    Ebolan says:

    JERRY! Is it any wonder this country is going to H*ll?

    These idiots nearly killed people and the CHP lets them go?

    They should have busted their skulls. Useless CHP!

    And why the h#ll didnโ€™t the rest of the people help the black guy trying to move the idiots off the freeway. The motorists outnumbered those idiots 10 to 1. They could have bum rushed them. But what they should have done was just run them over.

    https://www.youtube.com/watch?v=AS_MZ0iaCYw

    • On August 8, 2020 at 8:48 am,
      OOTB Jerry says:

      Where are the masks…………blm…rioters ……….no mask….. lol…..
      The crowd…….are chicken….against some little people standing in the middle of the street……Joke……

      • On August 8, 2020 at 8:59 am,
        Ebolan says:

        Jerry…there you are…top of the morning! I posted this again in the weekend politics section…

        • On August 8, 2020 at 11:55 am,
          OOTB Jerry says:

          Hello Ebo……. How ya doing………just got back….

          • On August 8, 2020 at 12:00 pm,
            OOTB Jerry says:

            Was cleaning my Red Vette……. ๐Ÿ™‚
            Red Lives Matter……. ๐Ÿ™‚

      • On August 8, 2020 at 10:41 am,
        JMiller says:

        Why would they need masks? You do realize that this video is 6 years old.

        • On August 8, 2020 at 11:58 am,
          OOTB Jerry says:

          Thanks for the informed insight……..My assumption ….on one thing was wrong….
          But, I have some other assumptions,….that are correct….. ๐Ÿ™‚

          • On August 8, 2020 at 12:17 pm,
            JMiller says:

            Care to share your other assumptions that you believe are correct.

          • On August 8, 2020 at 12:29 pm,
            OOTB Jerry says:

            Yes, should would…….
            The crowdโ€ฆโ€ฆ.are chickenโ€ฆ.against some little people standing in the middle of the streetโ€ฆโ€ฆJokeโ€ฆโ€ฆ

            Reply to this comment

          • On August 8, 2020 at 12:57 pm,
            JMiller says:

            Sorry Jerry but I do not play kid’s games.

          • On August 8, 2020 at 4:29 pm,
            OOTB Jerry says:

            JM……..you are truly CLUELESS……….You are playing games with the MASK ISSUE….
            GIve it up…

          • On August 8, 2020 at 4:36 pm,
            OOTB Jerry says:

            I am well past the MASK issue…….as I said on the other post…….
            6 months…….of BS……is way to much, and you do not even know the game plan..

          • On August 8, 2020 at 5:15 pm,
            JMiller says:

            You are right Jerry. I do not know the game plan. I do not know about the Plandemic and about Bill Gates and his vaccine. And that the vaccine is the Mark of the Beast (which is false). /sarc

          • On August 8, 2020 at 5:22 pm,
            OOTB Jerry says:

            I did not bring up the Mark of the Beast…..lol………you assume way to much….

          • On August 8, 2020 at 5:25 pm,
            OOTB Jerry says:

            I do know one thing……….You do like to twist things……just saying….
            I have decided to call you…………….3 M……. ๐Ÿ™‚

          • On August 8, 2020 at 6:17 pm,
            JMiller says:

            What is the matter? I corrected some of your mistakes and now you are mad.

          • On August 8, 2020 at 6:25 pm,
            OOTB Jerry says:

            I am not mad at all……..3 M…..

          • On August 8, 2020 at 6:26 pm,
            JMiller says:

            Fine. Then knock off the insults.

          • On August 8, 2020 at 6:26 pm,
            OOTB Jerry says:

            I did say….thank you….
            But, I do not think your name is Jerry…. ๐Ÿ™‚

          • On August 8, 2020 at 6:33 pm,
            JMiller says:

            It is.

          • On August 9, 2020 at 10:21 am,
            OOTB Jerry says:
          • On August 10, 2020 at 10:33 am,
            JMiller says:

            I wish it were true. He can play but his singing … well that is something else.

          • On August 20, 2020 at 6:46 pm,
            paul says:

            I think jerry is the one that is CLUELESS. He keeps saying he is past the mask issue but he keeps bringing it up and saying false things about it.