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.

Turd's Index of Traffic and Sentiment

Everyone knows by now that I use a lot of acronyms. In this case, however, I'm choosing not to because I don't want to mess up all of my search engine metrics.

Keep Watching The Bond Market

The past week has seen some rather sharp selloffs in the U.S. treasury market. Is "Operation Twist" failing? Will we soon see a resumption of overt quantitative easing?

Monday Evening Charts

I thought I would start a new thread with some fresh charts. Today's action in the metals was helpful but it appears that we still have some work to do before we can get excited about a rebound.

Gold and Silver Looking To Bottom Soon

The Turd is back in the saddle and ready for another crazy week.

TFMR Podcast #15 - Trader Dan Norcini

Yesterday, I had the distinct pleasure of visiting with "Trader" Dan Norcini. Dan is a independent, professional trader. This means he makes his living off of being able to nimbly move into and out of positions, in the end consistently generating enough profits that Mrs. Norcini doesn't make him get a regular job!

Dan has a wealth of experience which he freely shares with all Turdites in this podcast. I strongly encourage you to make the time to listen.

Open Thread

The Turd is going to be out all day today as I am leaving shortly to make a trek to an NCAA basketball tournament site. Lots of the usual noise this morning but nothing earth-shattering so I leave this thread open in the confidence that everyone will behave themselves and always observe site rule #7.

The metals were once again raided at 3:00 am EDT. Let's see if we can build some FULBMAs today and set the stage for a price rebound next week.   TF

History Is Written By The Victors

Yardwork can be cathartic. The sunshine, fresh air and freedom to think can provide you the necessary clarity.

We've been at this now for nearly a year and a half. My simple intention has always been to thwart the evil intent of The Cartels. When they manipulate and suppress price, it's easy to get discouraged and frightened. They want you to sell. They want you in paper. They want to perpetuate the system that grants them their power. I will not allow it. As long as I have this platform, I'm going to use it. And now is not the time for weakness, nor is it the time for obfuscation. We must be resolute and confident of our fate for we are on the right side of history.

I Suck

There. That feels better.

Literally Sick To My Stomach

***WARNING! THE FOLLOWING POST MAY CONTAIN PROFANE LANGUAGE AND NAUSEA-INDUCING GRAPHICS. VIEWER DISCRETION IS ADVISED.***

Gold and Silver in Dullsville

So much for the expected volatility. After all the wailing and grinding of teeth over Greece, the market impact was negligible. U.S. stocks and bonds have been in a quiet, tight range all day. Yawn. However, the lack of buying enthusiasm allowed The Cartels to press their advantage in the PMs and down they went.

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