first?

Me and Pining Mc Gee

Edit: I was getting a complex of always being a thurd

because I don't try hard enough

and after putting in a new battery, I noticed the very sharp decline in the PMs.  So I conveniently was able to set my watch for 11:00 a.m.  Thank you, EE.

other than the 1705 raid done on a stronger dollar background. Expect the same.

1715/33.05 - go LONG

Turd-

Links you gave out to ZH were from 2009 browsing the archives? 

http://zerohedge.blogspot.com/2009/06/open-letter-to-secretary-of-department.html

and this:

http://zerohedge.blogspot.com/2009/06/guardia-di-finanza-to-bloombergdie-welt.html

I like you.  Alot.   But perhaps not quite THAT much...   ;-)

Well done on your first, I'll see you in the bacon-off pools later.

Yeah i have some, but this plunges you deep into the rabbit hole.

This is the story about Dragon families battling it out with the Rothchilds, presented by David Wilcock.

http://divinecosmos.com/start-here/davids-blog/995-lawsuit-end-tyranny

The story you present today could be part 2, or the same bonds.

this "story" is nonsense, the "law suit" presents no evidence, the story tellers believe in Aliens and millions of tonnes of secret gold hidden under Taiwan, and Fulford is clearly on psychedelic drugs.

http://red-pill.org/comedy-conspiracy-sunday-dragon-files/

you cant just believe everything you read on the internet you know, a little critical thinking and investigation of your own is required.

let them know that the trading in the metals seems suspect! I am sure they will do something about it.

would love to hear your explanation for this story.  i'm open to hearing anything

Yeah, they better hurry and snatch up the London exchange (as if it isn't in Blythe's back pocket already) before PAGE opens. 

I sense the fear and desperation in the Cartel.

What is the latest on the PAGE opening date? Still June?

This $6 Trillion in FAKE US TREASURIES is just more evidence that the world has gone completely wacko.  Jim Willie has written several articles about the possibility of $2 Trillion in naked US Treasuries... so the insane PAPER WORLD continues as gold and silver gets clobbered once again.

There is also more STRANGE NEWS coming from CITIGROUP:

Citigroup Says Peak Oil Is Dead

By James Herron

Citigroup announced to the world Thursday that peak oil is dead. The controversial idea that world crude oil production is almost at its peak and will soon begin an irrevocable long-term decline has been laid to rest in the highly productive shale oil formations of North Dakota, with potentially big consequences for oil prices, the bank said.

....“The belief that global oil production has peaked, or is on the cusp of doing so, has helped to fuel oil’s more than decade-long rally,” Citigroup said in a note to clients. “This is now all changing because of what is happening in North Dakota,” where new technology has led to a large and unexpected surge in oil production from shale rock.

After decades of decline, “U.S. oil production is now on the rise, entirely because of shale oil production,” said Citigroup. Shale oil could add almost 3.5 million barrels a day to US oil production between 2010 and 2022 and has already slashed 1 million barrels a day from U.S. oil imports. One day it may allow the U.S. and Canada to be self-sufficient in oil, it said.

-------------------------------------------------------------------

This again is the BRAIN DAMAGE I spoke about in a prior post.  While it is true that technology has increased production of SHALE OIL & GAS, it does so at a much lower EROI- energy returned on invested. 

The notion that the United States will be able to increase SHALE OIL 3.5 mbd by 2022 is a RED HERRING because shale oil fields have TWO-YEAR 80% exponential depletion rates.  There is no way to increase production all that much country-wide due to the fact you have to keep drilling these wells to keep production growing.  Once drilling stops... production falls exponentially.

I am completely surprised that grown adults who more than likely went to college and got nice degrees come out with this sort of nonsense.  Even if the world started to tap into SHALE OIL, the depletion coming from conventional oil fields will not allow the world to grow production.  Here is the graph from my Peak Silver Revisited article showing the depletion from Shale Oil fields:

Again, it really amazes me how IQ's have suddenly dropped the past decade when I look around and see just how insane the majority of highly educated people regurgitate crap like this.

Then we can't forget about the EXPORT LAND MODEL that calculates the drop of Net Oil Exports.  Here is an example:

would love to hear your explanation for this story.  i'm open to hearing anything

publicity hoax or scam along these lines

For a nice pop. Greek deal with EUR/USD breaking through 1.33 could spell trouble for the cartel leaving them exposed with all those fresh shorts. 

i'm pretty sure the nigerian scam was not a "threat to the international financial system" and did not require international police to be involved for months...

i don't mind that you challenged someone's post, but it would be nice if you had an alternative idea you had put some more thought into

anyway, it's Friday - have a great long weekend everyone!

what a scam

Which way to the bacon pools? Are they down the street from the Dark Pools of Soros (sorrow)?

In Jim Rickards' Currency Wars he mentions a fictional scenario, while participating in a currency war game, where Japan discovers large shipments of counterfeit hundred dollar bills.  In this fictional scenario Swiss banks had been scammed by these hundred dollar bills.  Jim Rickards wrote, "The Swiss banking losses and the large size of the interdicted shipment were enough to cast doubt on the value of US currency held abroad."

Could this be a strikingly similar real scenario?  Six trillion in counterfeit US bonds discovered?  Financial war by other nations to undermine the value of US bonds?  Will foreign nations now question the value of the US bonds they hold?

You should all read Rickards' Currency Wars.  There is a lot of prescient information contained within.

Thoughts?

HeNateMe

I do realize this is TURD'S METAL REPORT... but energy runs the whole system.  Without energy, we don't mine gold or silver.  Here are a few more examples of the EXPORT LAND MODEL showing how exports decline as both production decreases while domestic consumption increases:

In all of these cases, we can see the BLACK LINE (consumption) increasing.  Even though the Middle East is producing more oil today than it was in the 1970-1980 period... NET EXPORTS (in green) are actually lower than they were in the 1970-1980 time frame.  This is because these Middle Eastern countries want to have an economy like ours.  

Increased consumption of domestic oil and a decline of production will make AVAILABLE NET EXPORTS (minus China-India) fall from 35 mbd in 2010 to only 16-18 mbd by 2020.  Any increase from SHALE OIL fields will only minimize this decline somewhat.

I hate to plug a book, but this story about the "fake" bonds, etc... it all smacks of Rickards book Currency Wars.  I can't quote the chapter, but one of the things that the Soviet war team does is attempt to undermine the validity (like it has any anyway but I digress) of the FED's USD system by printing up fake $100 bills in mass quantities and letting them be found.  Same thing as this except this is on a much more massive scale.

Not that this is fake by any means, I am just pointing out the book has a like minded event in it. 

Those containers look pretty real.  If it is fake, what is the motivation of those faking it?  Would a someone attempting to fake it REALLY try to cash in billions/trillions of bonds?  If it is legit, having something in your possesion of this magnitude would be like walking around with 10 pounds of uranium in your back pocket... your gonna get your a$$ handed to you by TPTB.

But it was not the Russian team that leaks the counterfeit $100 bill story in Rickards' book.  It was actually the gray cell which is any nation other than US, China and Russia.

HeNateMe

neither is Wilcox' story a threat to the International financial system. 

happy to discuss further in the ridiculous conspiracy theory section where this one belongs. 

Must say that the action of the last two weeks is both fascinating and sickening at the same time. Add to that the dramatic rise in Santa's posts and it makes for times that are even more interesting than usual.

I have no grand insight to what's happening and I stopped believing most numbers that are being posted, especially when the COTs and delivery numbers just don't jive. If there's a comment from the field I'd like to hear, it's what statistics on gold and silver do you believe at this point.

In the end, my gut just feels that spring being compressed to a frightening extent. I've seen springs small and large in my life go high order - fine parts lost forever and hands broken...eyes miraculously spared. It can be ugly. But this time I hope my gut is right. When this tension is released, PMs will enjoy some great gains  and, hopefully, some EE body parts will be metaphorically crushed to a pulp.

I have stacked some more lately and am considering my next Au purchase. I am also trying to decide how to position my shares for March 15.

/rant off/

PS - Doctor - Good luck on the interview. Unfortunately, a job I really wanted (not much $$$ or time, but looked like fun) was a flush - not enough experience.

The story is just too damn interesting to dismiss.  Turd's posts of the zerohedge stories from back in 2009 are as complete and thorough an analysis there is.

If all or some of the bonds are fake, this is a very strange story.  If they are real bonds, it is even stranger.  I cannot for the life of me get my head wrapped around either one of these scenarios.  Is Fulford right?  Or is he some drug-addled loon?  Choose one!  If he is a drug addled loon, the so are all of the others, right?

Do I trust the fed govt?  Hell no.  Look at the Christmas bomber story.  Is there any doubt who runs this country?  Open your eyes and stop being manipulated.  Think for yourself.

I view this story like the rumor of fake or non-existent gold at Fort Knox.  Why on earth would TPTB NOT simply open the vault for an audit and stop all of the rumors, UNLESS, there was some truth to them?  I personally believe that the gold was leased out, sold repeatedly, or some combination, and like all fractional banking schemes, is simply a massive fraud perpetrated upon the world.  An audit cannot be allowed to occur, as that would expose the fraud = game over for TPTB.

Do the audit, prove me wrong, and I will happily shut the fu-- up.  Until then, no way, not on the heels of the Christmas bomber story.

Anyhow, regarding these "fake" bearer bonds, I happen to believe that the airing of this story on main stream media is done for one reason: to make it clear to the world that capital flight will not be allowed.  ​Whether the bonds are fake or not, the message is unmistakable.

It goes like this: 

(1) The super rich, like a despotic dictator, or what not, want to keep their ill-gotten booty from being confiscated, or devalued, etc.;

(2) However, the financial system is rife with corruption, and counterparty risk, as everyone at that level knows, such that the last paper safe-haven is US paper;

(3) The super rich are obviously aware of the pending, imminent collapse, either by being tipped off or otherwise;

(4) The super rich correctly predict that digital banking, controlled by the cartel, will either be stopped outright, or temporarily halted to prevent capital flight while a new currency system is implemented;

(5) Since paper instruments, such as massive bearer bonds are easy to transport, they remain the sole credible means left for movement of fantastic sums of capital from one physical place to another [remember, no one at that level trusts anything now but US paper, backed by the US govt, err, nuclear submarines, etc.];

(6) TPTB know this, so

(7) MOPE emerges and crafts a story.  The bonds are fake, forgeries, an elaborate hoax.  Schemes of this sort are NOT to be taken lightly, because they are a global catastrophe [unlike wars, though, that enrich the military industrial complex, <sarc>]!

(8) TPTB both manage expectations of the masses, and simultaneously create fear in the super rich that expatriation of wealth will not be allowed to happen. 

This is the best I can do for now, but who knows what the truth is?

If anything, it reinforces my preparation, because stories like this are just impossible to imagine absent some real panic as we reach the end of the Keynesian experiment.