Its Christmas night in the US and all is well.
Well, not really. We've got a lot of problems and 2011 promises to be a very tough year. However, it is Christmas, so we might as well have a few laughs while we can.
The folks at silvergoldsiler.com have struck again. You may recall that, a few weeks back, their first video became an internet sensation. If you need a refresher or if you missed it, here's a link:
http://www.youtube.com/watch?v=Gl47z2g2EvI&feature=player_embedded
Now on to video #2 which explains backwardation, fractional bullion banking and global gold fraud, all in about 6 minutes. Enjoy.
http://www.youtube.com/watch?v=uPg4qTNTP-E&feature=player_embedded
Look, I know I'm just The Turd. A guy with a keyboard banging out posts on an anonymous blog. All I can tell you is that I firmly believe, with 100% of my heart, mind and soul, that this stuff is accurate and correct. Do what you will with the information but don't ever say that you weren't warned.
More tomorrow once things open in NY. Merry Christmas.
p.s. For an encore, watch this one, too:
http://www.youtube.com/watch?v=PTUY16CkS-k&feature=related
Merry Christmas Turd. Thanks for all you do.
ReplyDeleteTurd,
ReplyDeleteYour doing an excellent job here. I too beleive 100% without a doubt. I have been studying all of this in detail for many years and the writing is on the wall. The problem is, I am trying to spread this message to everyone I come across but it is a very large pill for them to swallow.
Denial is not a river in Africa.
So I guess my question I ask of you and everyone on here is what can we do in our own circle of influence to inform as many people as possible about what is coming in the near future? Without sounding like we are wearing our tin foil hats.
You are doing an excellent serivce to everyone that follows your blog on a daily basis. So how do us "Turd Troopers" get as many people informed as possible in a timely matter?
NB
LOL I showed that QE vid to my bro in law this weekend and he thought it was great.
ReplyDeleteMerry Xmas Turd.
Merry Christmas to you and yours Turd. May God bless you in the coming new year as well!
ReplyDeleteThank you for everything you do for the community.
Northern Border, it's hard to get people to accept what they don't want to hear. It's tough to talk to your friends and neighbors when they are looking back at you like your a caveman! Heheheh....
Well Turd mentioned he was going to just cover inflation with folks around his sphere of influence. I did that at thanksgiving and think I finally managed to talk him out of the bond junk he was in. Gave him two silver bullion rounds and he said "where do you go to buy something like this at?". I thankfully had my phone at the ready, so I pulled up google and found some local dealers he could go to.
So maybe the best way is to hold up a silver round right in their face or a 100 oz. bar and tell them how much of your fiat wealth you put into it and how much fiat worth it is now.
Once you've had that conversation I think it will be much easier to have more serious, here is what you need to do when the global economy goes buh-bye kind of conversation.
By him in my previous post I mean a good friend of mine. :)
ReplyDeleteTurd,
ReplyDeleteI agree with all your conclusions, I just have one question....
Its a great narrative that the super powerful have painted themselves into a corner and we can all profit from that, but historically that is not how the world works, the super powerful come out smelling like a rose and the little guy no so much.
Is there any way the powers that be unravel this in way that continues to enrich them?
What do you think happens when the fractional
gold reserve fraud causes a run on the gold bank?
What happens when the big futures no metal for delivery silver scam comes apart?
We have heard rumors of silver contracts being settled in cash not silver, anyone have a FIRST hand claim of this?
Merry Christmas to you, the Mrs. and the little turdles!
ReplyDeleteThose are good questions Paul. I to would like to hear Turds thoughts on those questions.
ReplyDeleteAs for the last question, do you follow Harvey Organ as well? I find that his site and Turds compliment one another very well. Harvey does a good job explaining that, as I have read a few times where he mentions that has happened. First hand knowledge? I don't know about that, but Harvey is worthy of trust. You might try posting to Harveys site as well regarding that.
Northern Border said...
ReplyDelete“Your doing an excellent job here. I too believe 100% without a doubt. I have been studying all of this in detail for many years and the writing is on the wall. The problem is, I am trying to spread this message to everyone I come across but it is a very large pill for them to swallow.
Denial is not a river in Africa.
So I guess my question I ask of you and everyone on here is what can we do in our own circle of influence to inform as many people as possible about what is coming in the near future? Without sounding like we are wearing our tin foil hats.”
---------------------------
NB were dealing with a majority of the public that for over the past thirty years have regressed to “proverbial intellectual couch potatoes” drifting in an ocean of ignorance, courtesy of the propaganda machine (MSM) of the government.
If one was to present them with the following.
The Army has initiated a program called “Unified Quest 2011”.
“Army is studying implications of “large scale economic breakdown” inside the US”.
Would force the Army to keep “domestic order amid civil unrest”.
Army to deal with fragmented global and drastically lower budgets.
In October (2010) military officials from the Marine war college visited the floor of JPM to study markets and the economy.
They would summarily dismiss the aforementioned as loony, and a conspiracy theory advanced by a lunatic fringe elements as the likes of an Alex Jones. (Which by the way has been wrongfully vilified on some of his rants). Tell them that NO, this came from the “best of the breed” lap dog of the government named CNBC. By now if their IQ is above a peach pit, one would probably get their attention.
I’m certain that everyone here knows or is aware of who is Jim Rickard. Jim gives a sobering lecture at the Johns Hopkins University Applied Physics Laboratory to support national security assessment.
In an eloquent presentation He masterfully weaves physics and today’s economy into a seamless narrative that easy to comprehend. He also discusses the global impact of gold.
I watched it three times, and would recommended it to everyone. I believe if you can get even the most intellectually challenged to at least watch it, that “very large pill for them to swallow” would drastically shrink in size.
It can be watched here: http://outerdnn.outer.jhuapl.edu/rethinking/VideoArchives/MrJamesGRickardsPresentationVideo.aspx
Be patient with it it’s slow buffering, but well worth the wait
Paul: I'm not really sure how to answer your questions. Most of what I try to discuss here is for protection, not profit. We all need to be aware of the possibility/likelihood of trouble ahead.
ReplyDeleteThe Goldman Sack and the JP Morgue will obviously fight tooth and nail to preserve the current system and, thus, their power. How it turns out in the end is impossible to predict. Too many contingencies. However, if this site has made you aware that the PM markets are a sham and, as such, vulnerable to complete collapse and breakdown, then at least you won't be caught by surprise if/when it all crumbles.
Regarding cash settlement, Harvey Organ pours over settlement numbers every evening. When the Comex shows a settlement of 100 contracts but only 250,000 oz sent out, you must assume cash settlement is taking place. Cash settlement is not offered to little guys like you and me, its only offered to commercial longs and specs of size. Here's the rub: by settling in cash they are only buying time and are, in fact, hastening their demise.
Think about it, if you are long 100 Dec10 silver contracts and, instead of physical the Comex offers you cash + a premium, why wouldn't you take their deal and then head out to the next delivery month of March11 and buy 200 contracts? This only compounds the EE's future problems. So, if they are indeed settling contracts in cash, they are playing a very dangerous game. A game that will only serve to speed up their collapse.
My partners and I just made a 500 ounce purchase of silver at a very large and reputable wholesale PM broker, they informed me that they have ample inventory, and we took delivery in 48 hours.
ReplyDeleteI am trying to wrap my mind around these shortages at one place and plentiful inventory in the retail supply chain. I'd imagine there would be some stress here as well.
Any insight, from anybody is appreciated.
@Bob loves Hawaii,
ReplyDeleteWhich wholesale dealer did you use?
Phaethon, we use Tulving.
ReplyDelete