| TF Metals Report

An alert Turdite sent me an email last evening where he connected some dots about additional quantitative easing. I've been thinking about it off and on today and I've concluded that it deserves a discussion here. Read more...

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Anniversary Hat Contest

Thursday, May 17, 2012 at 8:01 am

As hard as it is to believe, this site will have it's 1st birthday on 6/14/12. Time sure goes fast when you're getting the snot beat out of you, day after day. Read more...

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The End Is Near

Wednesday, May 16, 2012 at 10:35 am

Actually, just looking for an excuse to post this photo again. This sad-sack dude looks about like how I feel these days.

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Can't Think of a Witty Title Today

Tuesday, May 15, 2012 at 10:34 am

It's Tuesday and, with the euro sliding again, down go the metals for the 96th day in a row. OK...maybe it just seems like 96 days but...it's actually 12 days out of 13 now that silver has been down. Yuck. Read more...

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Turditulation

Monday, May 14, 2012 at 11:08 am

Hey, no one can accuse me of going down without a fight. Read more...

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Looking For a Squeeze

Friday, May 11, 2012 at 10:40 am

Even though he knows it's dangerous to venture into the Hall of Falling Knives, The Turd proudly gazes into his crystal ball and foresees the following:

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Fair and Balanced

Thursday, May 10, 2012 at 3:35 pm

I stumbled across this video today and thought it could serve as a basis for an interesting discussion. Read more...

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Calvin? Anyone Seen Calvin?

Thursday, May 10, 2012 at 9:55 am

Meow! Looks like Calvin decided to show up this morning, right on time. Though this was predictable and somewhat of a relief to see, I wouldn't get too carried away just yet. Read more...

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The Latest From Uncle Ted

Wednesday, May 9, 2012 at 3:24 pm

As most of you know, Ted Butler runs a subscription service and he usually sends out updates twice per week. At the conclusion of today's update, Ted mentioned that he was considering making it "public", given the overall nature of the post. I immediately emailed him and seconded the suggestion. He has since given his OK. What follows is his midweek update, "Knowing The Game", in its entirety. THANKS, TED!!! Read more...

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Turd in Backwardation

Wednesday, May 9, 2012 at 1:08 pm

That just sounds painful, doesn't it? Yikes! However, as the title suggests, I am personally in backwardation today as I feel the best way to summarize our current position is to give you my conclusion first and then work backwards from there. Read more...