The NWS

And I'm not talking about the National Weather Service.

By the way, did you see this earlier this week? ( http://www.washingtonpost.com/blogs/capital-weather-gang/post/national-weather-service-ammunition-solicitation-triggers-confusion/2012/08/14/3dc6b67e-e62a-11e1-936a-b801f1abab19_blog.html) OK, so I can understand the whole, "clerical error" thing but what the heck does the "National Marine Fisheries Service" need guns for, much less 46,000 freaking rounds? Seems like a bit of overkill to me, no pun intended.

Anyway...and when I say NWS, I don't mean NWO:

Or NWA:

Or the NWC:

Or even the NWF:

I'm talking about the NWS - the New World System.

Earlier this morning, I saw this post at ZH ( http://www.zerohedge.com/news/presenting-shocking-source-us-treasury-demand-past-year) and it got me thinking. In the post, it's mentioned that Japan has dramatically increased its purchases of treasuries while China has actually been a net seller. The question is asked: "What is China doing with their dollar reserves" if they're no longer buying treasuries? This is where ole Turd's brain started churning.

Two months ago, I wrote this: http://www.tfmetalsreport.com/blog/3924/gonefor-good. At the time I wrote it, I expected it to be quite the bombshell within our little "goldbug" community. Instead, it was met with yawns and dispassion. Perhaps that is what I should have expected. I mean, seriously, BREAKING NEWS from a guy who goes by the name of "Turd"? Well, regardless, I stand by the facts of this story and the opinions contained therein. Gold continues to exit "the system" at a consistent pace, never to return.

I'm re-posting it today not because I'm out of material and I need to dredge up the old stuff to fill space. I'm re-posting it because this truly is a very important development and one that, because it's not on the national/internet radar, is being widely discounted and overlooked.

You see, no one on Wall Street or in the financial media has any interest in pursuing this story. The MSM and TPTB are completely invested in maintaining the status quo and they will do so right up to the point where the game is changed for them. China will continue to accumulate gold and silver. They will continue to refine and re-cast this metal into new, standard and official sizes. They will continue to sign and implement bilateral currency and trade agreements that bypass the U.S. dollar. And they will continue to open portals for the international use of the renminbi.

Then, one day, seemingly out-of-the-blue, they will announce an alternative...A New World System that offers some type of gold-backed, international trade settlement, utilizing a non-fiat and sound renminbi or perhaps an entirely new and distinct, gold-backed and internationally-recognized trade unit. One way or another, this is going to happen. The only question is WHEN.

WHEN this happens, the U.S and all the other fiat currency countries will be forced into revaluing whatever gold reserves they have left. This is the "global gold price reset at multiples higher" that I have mentioned before, the result of which will be extraordinary, near-hyper inflation and a dramatic devaluation of the existing fiat. Additionally and importantly, it is through this process that the debtor nations of the world (the U.S. being the largest), will "pay down" the majority of their current obligations.

Again, you must understand that I am extremely confident that this is how things will ultimately play out. The only question is the timing and the specifics regarding which country or countries will ultimately force the issue. For example, it is entirely possible that China won't act independently. Perhaps the major creditor nations will band together. Some consortium of China, Russia and India. We'll see. In the end, that part doesn't really matter. What does matter is that this is inevitable.

Please continue to use this time to add to your physical holdings but remember...The only metal you truly own is the metal you hold in your own two hands.

TF

337 Comments

Turd Ferguson's picture

And here are some charts for today

MODERATOR

I could also use a "head count" regarding the possible options trading service I mentioned yesterday. Keeping in mind that the monthly subscription fee would likely be similar to the DayTrades fee (which is 1-3%, depending upon your personal account equity), would you consider yourself a "likely subscriber"? Please hat tip this comment if you're interested. Thanks!

Be Prepared's picture

Turd-a-palooza

Take time to remember that life is meant to be lived.... :-)

onewileyz's picture

Top Five!

Yup!

Mudsharkbytes's picture

Me too

Top five redux - 'bout all I have to offer these days. Stacking, though the right thing to do,can sure be boring at times.  Only so much excitement to be had by fondling a stack of shiny stuff. 

ancientmoney's picture

repost of Ann Barnhardt comment . . .

"The courts facilitated the fraudulent bankruptcy filing of MF Global, and now the 7th Circuit Court of Appeals- upholding a decision from the District Court- has now made this absolutely MIND-BLOWING decision, setting precedents that say customers have absolutely no right to their segregated funds held in any depository or financial institution"

She goes on to say that people will be better off cashing in their IRAs, 401-ks, brokerage accounts, etc., pay the tax, and buy stuff to hold in personal possession. 

I was lucky, and was able to do this over the last few years.  The tax-paying part was very painful, especially since I had to pay the 10% penalty as well, but now I'm glad I did it.  I had to leave my employer as well--I explained why I needed to do it, so after I got my money out, he hired me back!  I just have to remember what part of the lake my stash fell into when taking it out for a maritime excursion . . .

Bollocks's picture

ffff

ourth!

edit: bollocks.

no, hang on, a repost is a repost innit?

FOURTH!

dnlward's picture

"They" know something, methinks...

First it was the Department of Homeland Security, then it was the National Oceanic and Atmospheric Administration, and now the Social Security Administration is set to purchase 174,000 rounds of hollow point bullets that will be delivered to 41 locations across the country.

http://www.infowars.com/social-security-administration-to-purchase-174-thousand-rounds-of-hollow-point-bullets/

zman's picture

10 year bond now at 1.80%,

10 year bond now at 1.80%, Brent oil over $115, interesting!

ancientmoney's picture

@Turd

I think you are dead on.  The debt of the world no longer serves a positive purpose for the surplus countries like China.  The debt of the world is preventing growth in the deficit countries like U.S., European union, etc.

They must have something that can counterbalance the debts they carry.  Supposedly, the U.S. has 8000 tons of gold it took from the people in 1933 when FDR confiscated it.  Some 254,000,000 ounces.  At $55,000/oz (FOFOA's estimate) that's a lot of debt that can be counterbalanced.  China, et al, might agree to send us stuff if we can prove, through gold, that we're actually good for it, and not just paying with digits on a computer. 

Dagney Taggart's picture

This is why

I like palladium too.

PS. Ancientmoney: THAT is someone I would work for, and

¤'s picture

Damn...just missed being...

Thanks for the update TF yes

opticsguy's picture

after the reset

wouldn't be great if the Chinese announced that you could exchange gold for RMB at any PRC embassy or consulate?

Istack's picture

Stay on Target

There is a critical time period between the launching of a new venture and the results that come from that venture. During this hiatus, this waiting period, many people lose their nerve. They cannot stand the suspense of not knowing, of possible failure. They break and run in battle, they quake and quit.
 

Daedalus Mugged's picture

FOFOA

Turd,

  Your thinking is right in line with FOFOA's about how this ends, what he calls reference point gold (RPG) based international settlement system.  You have been a consistent 'silver outperform gold' advocate, and FOFOA is a 'gold outperform silver' advocate.  Any chance you could do a podcast and work that out?  His thinking is that effectively Gold is the reference point, that is what lies at the metal core of central banks.  Silver (and oil, and lots of other commodities) will move up materially in $ terms, but not anywhere keep up with gold.  Gold will outperform all, and materially so.  He recently put up a picture of a pile of ancient coins with the silver being tarnished and corroded to the point of being barely recognizable, and the gold looking mint fresh with the caption 'A picture is worth a thousand words' or something to that effect. 

Hat tip if you want Turd to talk to FOFOA. 

DM

Pining 4 the Fjords's picture

dnlward- "They know something"

Check out this section in the latest Woodpile Report (www.woodpilereport.com), click on the arrow icons if you are interested:

YouTube videos of US armored vehicles on railroad flatcars.

art-link-symbol-small.jpg Santa Cruz, California, Jan 19, 2012

art-link-symbol-small.jpg Apatzingan Michoacan, Mexico, Jan 23, 2012 - same train?

art-link-symbol-small.jpg Burbank, California, Aug 6, 2012.

These appear to be deployment lots, not maintenance or upgrade lots, and they appear to be in forest green, not desert tan. They're mostly light, maneuverable armor suitable for putting down insurgency and occupying town-and-country rather than for defeating opposing armor. Folks who 'read too much into these things' are wrong right up until the day they're right. Taken together with other ominous developments, "reasonable explanations" are giving way to "walks like a duck".

art-link-symbol-small.jpg Informants and military personnel are coming forth anonymously to confirm that martial law "is right around the corner." However, right now we are under a silent martial law and citizens are reporting strange and unexplainable activity from the US armed forces and multiple federal agencies, says Susanne Posel in this article, DHS and US Military Make Final Preparations Before Announcing Martial Law, at Activist Post.

Also seeart-link-symbol-tiny-grey-arrow-only.gifthis article by Benson and Weber, Full Spectrum Operations in the Homeland: A “Vision” of the Future, at Small Wars Journal, and art-link-symbol-tiny-grey-arrow-only.gifthis article, The Civil War of 2016, at the Washington Examiner.

.

Ol Remus always has some interesting things to say, in this parrot's opinion. 

iceman321_2k2's picture

Hedge Funds and Gold

Complete coverage on hedge fund moves in gold related names...

http://wallstcheatsheet.com/stocks/do-hedge-funds-still-believe-in-the-gold-rush.html/

Nana's picture

China

I remember hearing a while back that the Chinese told Hillary they wanted Tennessee too, couple that with what Susanne Posel said about China taking physical control of part of the US and the new Red Dawn movie that was changed from the Chinese invading to the North Koreans.

http://sgtreport.com/2012/08/false-flag-computer-banking-virus-to-roll-out-martial-law-this-global-cabal-wants-to-steal-everything-and-kill-90-of-us-susanne-posel/

ancientmoney's picture

@daedmug

Hat-tipped you on that . . . I've struggled with FOFOA's attitude for years, since first reading his blog.

I think he's right in several ways, especially that CBs (bankster organizations) and other elites hold a lot of gold, and no silver, so they will want gold to be their saviour.

But, silver is a strategic metal as well as being recognized as money.  So, even if the stocks-to-flow of silver is not as high as gold, there are other reasons silver may keep up with gold--notable, shortages of the stuff, needed in modern society.

If it turns out we don't need silver, then we won't need gold, either, as that means society has failed, and we're all back (survivors, anyway) to being hunter-gatherers, and we all know, "you can't eat gold."

napa698's picture

Weird

The Social Security Administration has just ordered 174,000 rounds of .357 sig jhp ammo.They seem to be stocking up so should we

ancientmoney's picture

DagTag

Yeah, I was shocked he'd do that.  But, we're a small operation, and he is pretty new, so probably felt he needed to keep an old, experienced hand around.

BTW, does that body go with your pretty head?

VaHomesteader's picture

Question on Turd's Prediction

When "the U.S and all the other fiat currency countries are forced into revaluing whatever gold reserves they have left" they will pull out all the stops to try to get their hands on our PMs.  What do you believe will happen to us little guys holding physical when we want to sell it after the dollar collapse?

Thanks for all you do and give.

Turd Ferguson's picture

Silver will be exploding due

MODERATOR

Silver will be exploding due to its own set of dramatic fundamental changes.

Response to: FOFOA
Mr.Grey's picture

ammo

For the weather service and Soc security peeps.  These numbers are just defensive in nature for handguns carried by security.  Anyone that would choose .40 cal as an offensive round would also wear blaze orange camo.  If you divide the soc security by 40 most preppers would be embarrassed to let their friends know thats all they had.  If you need to worry ask yourself what blackwater or whatever they call themselves this week is stacking and where.

ancientmoney's picture

@VAhomer

"What do you believe will happen to us little guys holding physical when we want to sell it after the dollar collapse?"

You need to follow the Social Security Administrations lead.  Protection, protection, protection.

Turd Ferguson's picture

Today's dubious anniversary

MODERATOR

So far, no one has mentioned it. 8/15/71 is a date which lives in infamy.

Here's the link to the discussion last year:

http://www.tfmetalsreport.com/blog/2059/happy-anniversary

And, for the record, silver did make it to $44 by Labor Day. Just barely. Of course, it's gone down a little since then.

Wallace Hartley's picture

Not to be an Alarmist, but...

The 1-month Silver Lease Rates are creeping down again and are just above -0.3.....

napa698's picture

@Mr Grey

Sounds like you know your weapons

Wolfbait's picture

con-turdance

I agree with your inference. I used to suggest in 03 to my clients these events had a potential to take place... The article that pointed me in that direction I found on CNNMoney, but was issued via GATA. Here's the link http://gata.org/node/4194 I couldn't find the web page in CNN, I still have the hard copy as a reference piece on my desk.

People had a hard time believing then.. We carry on!

PEACE!

Peaches Marie's picture

IF YOU ARE THINKING OF TRADING OPTIONS!!!

PLEASE READ THIS IF YOU ARE THINKING OF TRADING OPTIONS!!!

This article appeared in "Stocks, Futures & Options"  Magazine in 2004; It was written by Rick Ackerman, a former floor trader at the Pacific Options Exchange.  He is a Zen Master trader and he tells you to avoid options.... it is a rigged market and the little guy will not win... ever.  Andy will not win in this arena either.   I began trading options in the mid-70's and lost more than $100,000 in the next 25 years, even using Bernie Shaffer's premium service.

http://www.rickackerman.com/wp-content/uploads/2010/02/Option-article-from-SFO-magazine.pdf

I know Andy and Paul both pretty well as we were all subscribers to Rick Ackerman's trading service back in 2004-2010 or thereabouts and chatted frequently in his chat room.  Andy and Paul left a little over a year ago to start their own service.  I still subscribe to Rick's service, but also followed Andy and Paul to theirs.  Note that they are excellent traders and also that they both incorporate Rick's hidden pivot analysis in their own unique programs.  In fact, this appears on Rick's website under "Accolades":    "Regardless of what I achieve trading-wise in the future I will always consider Rick Ackerman the person that taught me to be a trader."  Paul Coghlan, Market analyst.

Rick repeats his warning frequently in his chat room whenever a subscriber or  "free trial" lurker asks for option guidance.  The only option traders that have a chance of making money are the option "sellers".

As Tim W Wood CPA   http://www.cyclesman.net/ is fond of saying... "You have been warned!"

Respectfully,
Peaches Marie

PS: I posted on the previous thread before realizing a new thread had started.

Xeno's picture

News?

So can we expect an announcement that the Post Office put in a large order for hollow point ammo too? Or is that agency on the gun ban list?

Anyway, all this news smacks of the criminal defense m.o., to wit, baffle them with bullshit.

Be right, sit tight. And most importantly, keep dry, don't cry.

Let all the criminal PTB's and their minions (lol minions lol) do all the stomping of their feet crying us rivers of tears for their fears.

Break out the tiny little violins guys, after 41 years they're finally going down and we're gonna have us a hootinanny :D

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