Special

Though I was unaware of her existence until the poor dear was recently brought to my attention, it appears that there is a severely brain-damaged lady named Nancy Grace who has (against all odds) been allowed to host her own TV show on Headline News for some time now.  From what I can ascertain, it looks as though she can form moderately coherent sentences and speaks as if she at least partially understands the individual words she hurls at the camera, so she presumably would be described as “high functioning” in light of her obvious mental defects.  What quickly becomes clear when watching her show, however, is that the information processing/reasoning portion of her brain has been stunned into a non-responsive state, perhaps by repeated blows or an inherited physical deformation, or possibly by a tragic accident of some kind.  What is left, and presumably what her audience tunes in to see, is a woman who, bereft of knowledge or cognition, emotes with great passion into the camera about subjects she is completely and wholly ignorant of.  What is so startling is that she performs this act with a passionate certainty, supremely convinced of her correctness while simultaneously appearing to be totally unaware of her own crushing imbecility.  It is akin to watching a gibbon wildly scratch numbers and mathematical symbols on a chalkboard with great confidence, while the stunned observer wonders if he is witnessing the creation of some kind of mysterious equation, only to eventually realize it is nothing more than gibberish utterly devoid of any  computational logic or significance- mere meaningless scrawls made by an uncomprehending creature.  This, in a nutshell, is the Nancy Grace show.

I bring up Nancy, aside from my amazement at discovering that someone who should probably be wearing a helmet at all times has been given her own TV program, because a clip was recently brought to my attention (thank you AG1969) in which her bizarre babblings prefaced something that I suspect we in the gold and silver investing community are going to be seeing more of in the future.  Like a radio broadcasting whatever happens to be floating along the airwaves, I believe this lady may have inadvertently channeled the future media “take” on precious metals investing.  Pay attention, because if the Keynesians running things ever get it in their heads to repeat Roosevelt’s 1933 grab for goodies, then what you are about to see may be coming to a nightly news program near you.

In 2012 a Texas doctor was charged in a killing for hire case, having contracted with a hit-man to carry out a murder he apparently wanted done. Nancy, as should be expected from someone of her mental abilities, was immediately distracted from this criminal story by something shiny...  literally.  The portion of the story that fascinated her was that the accused man allegedly offering to pay the for the hit either in cash or in silver bullion.  What followed was a Tourette’s-like barking of nasty names and random aspersions to describe what she apparently viewed as the typical silver investor.  I apologize for the poor quality of the video, but this is the only clip I could find that did not include extraneous commentary.  Nonetheless, you will get the gist.  Brace yourself for the analytical powerhouse that is Nancy Grace:

Bullion?  Bull-yawn? I suppose when she was a little girl she read the book The Black Stall-Yawn, too.  I am not going to waste time rebutting the sheer ignorance displayed in this, as it is rather pointless to refute the mentally unfit.  Suffice it to say that Nancy does not appear to possess the ability to separate in her mind the actions of this one man from all precious metals investors, and is entirely ignorant of any reasons why ordinary, intelligent, and law-abiding people would invest in this asset class.  She hasn’t the first clue about currency devaluation over time, hard assets investing, the role of PM’s as a portfolio hedge or a store of value, or any of the other myriad fundamentals of this sector, but her complete ignorance doesn’t dissuade her from confidently tossing her opinion about like offal in the monkey cage. 

Nonetheless in her own bumbling way, what Nancy Grace is attempting to do is called “Othering”.  It is a variant of the logical fallacy Dismissal by Definition, and is simply the act of taking a group whose opinion you disagree with and trying to publicly portray them as “the other”, something distasteful and not like us in the hopes of convincing bystanders that anything this group says should be ignored because they are so strange, different, and repulsive.  Such an approach frees the attacker from having to make rational arguments, grapple intellectually with the reasoning behind the position, or even be familiar with associated facts of any kind.  Think about the clip again: there is no data, no evidence provided for the claims, no studies, no surveys to demonstrate proof for any of the (ridiculous) assertions made about people who buy silver. Indeed, there is nothing but an emotive torrent of name calling: Weird. Rich. White.  Male.  Lonely and alone.  Insane.  Stalker.  It never occurs to Nancy that she herself is rich (probably far richer than 99% of silver investors) or that she herself is white (possibly whiter than 99% of all silver investors too, from what I can see… the woman is nearly translucent).  Hell, for all I know she might be male, too.  But none of this matters.  No, what matters is the process of Othering-  They are nasty and bad, and different from normal people, and that’s all you need to know”. 

Here’s the irony: in my personal experience with PM investors, they are incredibly normal, average folks.  Most are indeed male, but so are most investors in EVERY asset class including stocks, and there are a large number of women who regularly read and post at PM blogs, including this one.  PM investors run the economic gamut from people buying gold in bulk to people working hard to put aside a single silver eagle per month.  I have corresponded with someone on this blog who was literally homeless and between jobs, and SHE was just trying as hard as she could to hold on to her hard-earned stack through difficult times.  No family? People who are married and/or have kids are by far the norm, not the exception.  White?  I suppose this is her code for “racist” but I’ll tell you what-  I have only had the pleasure of meeting four of my fellow Turdites in person over the years, all of us were married, and three of the five married couples were interracial marriages, including mine.  So much for the “racist” aspect, and so much for the “lonely and alone” hogwash.  We are overwhelmingly wives and husbands, fathers and mothers, and we are doing our best to save what we can for our kids and grandkids. 

In fact, when you get right down to it, my children are the number one reason I stack. I am trying desperately to ensure they are secure and well-provided for, and nothing else even comes close in my personal hierarchy of needs.  And this is exactly what we all should be talking about, every chance we get in every comments section of every mainstream PM article, to counter the idiotic “Othering” of precious metals investors that is already out there and that we may well be seeing more of. 

Our narrative is a simple and honest one:  we are ordinary people who care deeply about taking care of our families and we work very hard to do so.  Unfortunately, when we try to save our money to do this, we are thwarted at every turn.  We see a profligate government determined to promise everything to everyone and spend without limit, we see endless Quantitative Easing by a central bank determined to devalue our currency, we see an ever declining real value of pensions and paychecks, we see a decimated middle class losing 30% of its net worth in just five years, we see interest rates on our savings approaching zero, and we see a wild west stock market that no sane person should trust their entire future to.  So in our efforts to protect our families and our financial futures, we invest in something tangible, valuable, and (over time) stable.  We store a portion of our hard-earned value in gold and silver.  And we aren’t going to be dissuaded from protecting our families by the insults of cognitively challenged TV hosts.

We are going to keep stacking.  

 

82 Comments

achmachat's picture

good morning!

good morning!

I remember that Nancy Grace "episode". It really struck me how she pronounces bullion!

BULL-YAAAWN!

Outfitter's picture

I'm in!

1st place--maybe

edit- missed it by this much.

Dyna mo hum's picture

I will take it...

3indecision

SilverSurfers's picture

4th

Well Done, but if the world is turned upside, why the cold and ice? Even in an upside down world, stackers are getting the cold shoulder. Freakin A, Ag up 30ct off last night low of 19. WOOOO-HOOOO (which is about the same as dyno's gift horse cubed).

sierra skier's picture

AAAhhh yes an early morning start.

Nancy Grace could very well represent a large portion of our MSM talking heads with the way they present 'news'.

silver66's picture

Nice intellectual bitch slapping Pining

Wish I could have said it so well myself

Silver66

Edit: Sixth... not bad for a Monday morning without coffee yet

ag1969's picture

Pining, Very nice job with this

Thank you so much.  In my research of trying to find a better copy of this video, I found so much stuff that just points out what a loon Ms. Grace is, that I have decided not to pile on.

This is News?  It is amazing that this is what passes as news in our once great Republic.  Keep stacking everyone!  You know... as Pining says...for the children!

Edit: Achmachat, I am floored!  They show this crap in Europe?  Hasn't anyone at CNN any shame? 

flyinkel's picture

some number

bullion=stalker

bullion=insane

This is an attempt to get the women out there to associate bullion with those two undesirable words and encourage their boyfriends/husbands not to be labeled as such. 

Desired outcome is to have the little lady saying "whatever you do, don't stack, that is so weird".

Back at em with a "good luck with that"

SilverSurfers's picture

Games

So, yesterday, I did watch the superbowl, that safety from the get go, told the story. I mute the sound, being tired of noise. You watch a game. So, pondering, the question came to mind, what is the real difference between Games of Imperial Rome, and the lombardi trophy, stanley cup, or the commissioner's trophy? Both have government anti-trust exceptions, state sponsored. And then you reflect on the brain dead, who try to cure a terminal illness supporting the QE, IRS, Fiat Money, combining to enslave us all as tax mules or dependents, on the road to ruination, no doubt attending a sport's party, pandered by political promises, in a totality of embedded control, as the government passes out the bread with social security at your local target store using an gov card.

Social Security: tax on income, used as general revenues, with negative real rates, which collectively should be called, social insecurity.

achmachat's picture

ag1969

No, they don't show this kind of programming over here. We have CNN international which you might have watched on a trip abroad.

I saw the clip pretty much right after it aired on somebody's youtube channel. And I really think it might have been Chris Duane's Channel when he was still making nice videos.

Pining 4 the Fjords's picture

HEY! What just happened?

Any Turdites know if this spike is news related? 

SilverSurfers's picture

Yes it is

On saturday, I clean out over 1000 viruses, and the kitco world flip up side down, and the goons just raided again. Horse meat is on sale today. 19 and 1200 are proving to be formidable supports, and bounces off supports is due, and just might ignite a mega run. :o

achmachat's picture

Pining

it was triggered by a falling USD (the move itself is not very noteworthy, but the speed of it was)

WineGuy's picture

Weak ISM Numbers

Hammer's picture

yen hit through 102

yen hit through 102. Resistance 1262

Turd Ferguson's picture

Ya know

MODERATOR

Even when it spikes UP it pisses me off a little.

I just got marking up six, different charts and now they're obsolete. Arghhh...

Pining 4 the Fjords's picture

ISM miss biggest on record

Downward revision, stocks rocked, gold and silver rip!

http://www.zerohedge.com/news/2014-02-03/ism-plunges-biggest-miss-record

dgstage's picture

ISM Has Biggest Miss On Record, New Orders Plunge Most Since 198

Dingo's picture

Water spouting

As in opposite of waterfall. 20 buck shoot straight up. I'm starting to enjoy Turd's gloomy days. Just goes to show that there must be so much more going on than can be gleaned from the COT and BP reports. Keep the gloom coming Turd. They might be trying to upset your great record.

¤'s picture

Nancy Grace...

....is a bitter/obtuse train wreck of a person. I can't stand her.

She's just one of many clowns or entertainers on TV that help millions of mindless viewers form opinions on subjects they (or Grace herself) are clueless about.

The Hollywood/TV industry simply continues to pump cultural garbage out and sadly there appears to be no shortage of folks out there who eat it up or simply watch it for it's absurdity.

I'll stop there because a rant about 'reality tv' is simmering at my fingertips.no

demotivational poster NANCY GRACE

Can't....stand....the....woman!

Turd Ferguson's picture

Worst since 1980??

MODERATOR

Gonna get A LOT of this today:

Excalibur's picture

Germany's Gold

"I'm saying that the problem of German gold repatriation is German gold leasing.  Remember, Germany has had an active interest in keeping the system going until the next system is ready to be put into place.  They've been applying constant pressure over time since 1999.  When the central bank gold agreement was put in place in 2009 the agreement did not contain any language about gold leasing.  It's my contention that Germany saw the window of opportunity to usher in the new system starting in 2009 because the US Federal Reserve started printing money with reckless abandon.  Germany mobilized their gold by leasing it to Deutsche Bank.  Deutsche Bank then arranged the loans to the mines so that they could increase their production and sell more gold forward.  Then, Germany (through Deutsche Bank) yanked the rug out from under the market starting in 2011, dropping gold prices significantly.  Remember, these gold loans that are made with the mining companies are collateralized.  If the mines fail to return the leased gold then the lender of the gold gets title to the mines!  If Europe takes title to the major mines then they will essentially control the mechanism that has been used to keep the dollar strong in gold.  "

lakedweller2's picture

A Real Prosecutor Would Never Be a Guest on MSM

Just as many of those we read and follow would never be invited on MSM, neither are real "Prosecutors".  Prosecutors are keenly aware of the Constitution and have great difficulty with the way Congress and the current and past Administrations have destroyed the document.

Prosecutors are keenly aware of what constitutes "fraud" and what isn't.  A real Prosecutor is keenly aware of how the Banks, Treasury, Fed, Congress and the Administrations, including Regulators, have violated their fiduciary and legal responsibilities of their jobs and are "criminally liable" through complicity statutes, including being placed in roles as conspiratorial traitors.

Real prosecutors have become enemies of the State along with those of us that are fully aware of the destruction of personal freedoms and corruption of the institutions and so-called leadership currently controlling our government.

procog's picture

Yikes

Toil & troubles.  What's up?

Dr Jerome's picture

Nice analysis Pining!

The "othering" concept is a classic and you explained it well. Used also to motivate genocide. Nancy is probably a "mill-yahn-aire".

I have been thinking about exit plans. I'd love to pay off my home in 2014. Anybody else have thoughts on that? Sell 50% on the first substantial move? (Sorry Daveyboy, one has to hope ...)

Hammer's picture

That woman really is

That woman really is dreadful. Opinion is presented as news. That's ridiculous. Do many Americans actually watch this ? I do hope not.

I'd rather listen to an articulate American who makes people laugh.

ag1969's picture

I hear ya DPH

I had a doozy of a post when I decided, why bother?

Edit:  By the way, Pining, is this the source of the title?

murphy's picture

Pining

Nice report on the d*****bag. Is winning the following Super Bowl bets any indication that we have turned the corner???

won

1) special teams/defensive touchdown

2) safety attempted

3) 2pt conversion attempt

4) Lynch to score first touchdown

5) onside kick attempted

6) over 48

lost

7) Ball scores first touchdown

8) first half ends in tie

9) Denver wins -2.5

Full disclosure: I had nothing to do with placing the bets. My four other partners met on Saturday and choose them.

Urban Roman's picture

"Insane, Lonely, Rich, Violent"

Sounds like she's describing herself. Look in the mirror, Nancy, yo!

Nice essay, P4. I agree with the above comments that describe the situation well. Popular culture has decayed along lines laid out in Idiocracy. I'm expecting some emmys to go to Ow, My Balls! later this year.

realitybiter's picture

Grace sucks

and this report was strikingly bizarre then and still is. Why did she make any issue of the payment method?  What possible relevance did it have.  People have traded Wii games for hits.  Did she go off on Sony?

She reminds me of white trash, that thinks it is sooooooo much smarter, chain smoking cigarettes, while sucking down a wine cooler.....constantly preaching, one hand on the hip the other, lit cig in hand, wagging its index finger at you, "an another thing...."

constantly mixing up metaphors...."we'll burn that bridge when we get to it, darlin'....

constantly swimming in cherry-picked circular nonsense....."huh?"

Rednecks are never to be equated to white trash....and white trash is not always poor.....it is just too stupid too know that it is too stupid.

But somebody watches it.....and that is the most frightening thing.....Michael Savage used to rip on her in disgust calling her Nancy Graceless...or something like that.  I'd love to have her and Ed Schultz share a car ride from Dallas to El Paso.  Guaranteed murder suicide.  two know it all idiots frustrating each other....

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