The end of the Great Keynesian Experiment is upon us. Turd Ferguson and his band of loyal Turdites patrol this Watchtower. We are here to help each other navigate the coming economic chaos. However, no one can predict every eventuality, so please read the disclaimer and community guidelines before proceeding.

Change You Can Believe In

Please let me off of this ride before I get sick.

Awaiting The Bernank

Just a couple of items before we get started this morning.

The Waffle House

No, the title isn't intended for those who lacked courage/conviction to hold and buy over the past few weeks. It's simply a reference to where I had breakfast this morning. Just great stuff. Not a better breakfast to be had anywhere on the planet.

Dot Connecting

Even Helen Keller, Stevie Wonder and Ray Charles could see, hear, smell and feel this one coming from a mile away.

Lights Are On, Nobody Home

Many have said (and continue to say) this about me. In this case, however, I intend it for the silver market where seemingly no one is left. Besides, more appropriate cliches for yours truly are obviously:

  • Doesn't have both oars in the water
  • A few sandwiches short of a picnic
  • A couple aces short of a full deck
  • Not the brightest bulb on the tree

Updated Gold and Silver Charts

As you might imagine, yesterday's action has changed the complexion of the charts just a bit so I figured we should spend some time today trying to figure where we are going from here.

Our Weekend Homework - "Rollover"

To prepare for what will, most assuredly, be a wild week ahead, there is nothing quite as relaxing as some cinematic entertainment to help your minds off of things. NOT!

Getting Real, Real Fast

Your blissfully unaware family and friends notwithstanding, the global financial "situation" appears to be deteriorating rapidly. I hope you have prepared accordingly.

The Latest From Sprott

This is the latest from Sprott Asset Management. If you want to subscribe, just click here (http://www.industrymailout.com/Industry/Subscribe.aspx?m=22439 ).

The Real Banking Crisis, Part II
By: Eric Sprott & David Baker

Desperation Is a Tender Trap

It gets you every time. And desperation is what we are seeing in the paper precious metal "markets".

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