Twelve Minutes of Fun

A Turdite sent me this link yesterday. I thought I should post it as it combines several of the recurring themes here in Turdville.

It's only 12 minutes but it hits:

  • Hyperinflation and the destruction of purchasing power
  • Russia and The Crimean Crisis
  • The beginning of the end for the petrodollar...as The Jackass believes The Crimean Crisis represents

There's a section in the middle where individual equities are mentioned but the second half picks up again where the beginning left off. Lots of very interesting nuggets of information here so hang in there and watch the whole thing. It's good stuff. You might even consider forwarding it to those just awakening.

TF

77 Comments

AlienEyes's picture

First

And I read it, too !  smiley

lnardozi's picture

Nope, second

If I'm still second, that is.

silver66's picture

Thurd

The posts are coming fast and furious, I can barely keep up

Silver66

Verus nemo's picture

Fun?

Me and mine have prepped with lots of extra food, water, fuel, PM's, seeds, canning supplies, guns & ammo, etc. but I have to say, "fun" is not the adjective I'd ascribe to either this video or the real thing when it happens.

Oh, and fourth (or fifth, sixth, whatever)

sierra skier's picture

Thanks Turd for a Fifth

Now to listen

Silverhog's picture

Interview

Funny, it sounds like he is being interviewed by a socked eyed panda? 

Mantis's picture

Richest man in babylon

Highly recommended reading, I second the dude in the vid
 

Dr Jerome's picture

BRazil Resources

FYI,

The ticker symbol for the mining company Martin mentions at 3:30 is BRIZF on the NY exchange.We are all about two weeks late to get in on the bottom floor, but its chart does look promising.  Trading a $1.17 per share

Mr. Fix's picture

"There will be no middle class”?!

But I'm not going anywhere!

As hard as they try to destroy me, I simply will not comply.

Admittedly, I have to invent new ways to earn a living on nearly a daily basis,

and that pretty much boils down to doing what ever it takes, and whatever needs to be done.

I don't expect that to change anytime soon.

Mantis's picture

Guest posts

Dr Jerome, I always appreciate your comments and contributions, was a pleasant surprise to see you now doing guest posts  yes

(AM latest was also an excellent read. )

Thanks

Dr Jerome's picture

Thanks Mantis

I'll try to keep it relevant and interesting. Its more fun to write than book reviews and other scholarly projects I am working on, that's for sure.

Mammoth's picture

The Truth is in the Middle

The Russian news media is saying a million Ukrainian Jews have been displaced, and Russians are also being kicked out of eastern Ukraine.
The US is saying the ethnic Ukrainians are giving the Jews & Russians flowers, boxes of chocolates, and copious hugs.
 
Both sides are full of sh!t.

As always - the truth lies somewhere in the middle.
 
From a poster in Crimea:

Caption translation:  “On March 16 we vote.  Nazis or Russians”

(Apologies this post has nothing to do with Silver, I promise my next post in Turdville will, though...)

Mr. Fix's picture

Mammoth, Bacon works too!

wink

(Why would talk about this?): silver.gif

Dr Jerome's picture

Gold action

I wanted to take this chance to exit my metals position this morning, but I also don't want to miss a move up. At any point, we could see gold ripping skyward (well, maybe to 1360). It is the higher lows that are keeping me in this week.  Turd has some good comment on that in the vault and in last nights podcast.

Wow, a broad daylight raid as I compose. Something must be afoot for them to so desperately cap and raid today. This just make me want to hold my long position even more. 1338 was yesterday's low. we touched it and seem to have halted.

What I love about options is that the losses are limited to what I choose them to be, while the gains can be multiples of the original investment. Its a built in stop loss order.

Edit: back up to 1345. Can you say volatility?

question's picture

@The Truth is in the Middle

Thanks Mammoth

Looks like the same choice the Germans were offered prior to ww2

That worked out wellsad

edit: oh yeah, go silverno

SS121's picture

Silver is the key

This video is a perfect example of how even the brightest, most diligent, analysts  get it all completely wrong when they leave Silver out of their equation.

The private owners of the dying system just can't stand it that they don't own the world's reserve currency.  They are like a giant cancerous tumor that dreams of killing it's biological host and living on in it's place.

But all while they are planning this complex reconfiguration of their "system" they fail to recognize that Real Money (Silver and Gold) are returning to their Monetary role, which will be "The End" of the "system".

Of course the media and all the economists, who's perspective is restricted to only the inner workings of the World Fiat Currency "System", miss the much bigger Monetary picture... where Silver and Gold are naturally returning to their Monetary role.  Again.  As they ALWAYS do.  

The "system" is in the process of a last gasp attempt for survival.  They are trying to kill the individual fiat currencies and implement a single New World Currency.  All the nonsense and hype about a dying "Petro Dollar" is nothing more than the WFCS trying to sell their covert plan in the packaging of "economic" (system) terms.

But again, the entire complex cancerous "system" within which they are trying to manufacture this abortion of a plan, is dying.   It's too little too late, and all the Petrol Dollar, Bitcoin, Fofoa, currency reset,  SDR, Philosophy of Metrics, fake charts, keynesian economic, freegold, paper market, and all similar crap is going to be dying with it.

Only Silver and Gold are Money and the spectacular death of the WFCS is going to ensure that EVERYBODY understands that Only Silver and Gold are Money.  

It's a hard lesson, but it's a very simple lesson, and everybody will "get it".  Silver and Gold have been teaching this hard lesson for a long long time.  They have a 100% success rate.

I'm sure Mr. Katusa is a fine young man, he's just temporarily caught up in the hype of the system.

ks

AGAU's picture

"Miss a move up"

Dr J

Missing the  "run up" is inevitable for most retail investors they mostly get in at the tops and sell at the bottoms a subject well noted in most investing guides,

Playing with the physical, especially, will get most folks roasted!  one Sunday night the price management schemes will come unglued and the physicals will take off never to return to current forced lows

FWIW I would caution anyone buying gold and silver as an "investment " to hang on tight to physical soon it will NOT of be replaceable at any price 

gambling is probably better utilizing  the etf ,s (yuk) better though, longer term are quality junior miners IMHO

dgstage's picture

Great Article at Silver Doctors

THE OTHER SIDE OF THE MATRIX: ECONOMIC SECRETS AND YOUR SURVIVAL IN THE NEXT FINANCIAL CRISIS

http://www.silverdoctors.com/the-other-side-of-the-matrix-economic-secrets-and-your-survival-in-the-next-financial-crisis/#more-39831

rxman's picture

Lost Airliner?

Conspiracy 101. Secure plane. Load nuke. Fly over USSA. Detonate. EMP.

rxman

Orange's picture

Let let me see

Both are Iranian, both have stolen passport, and I am led to believe they are not terrorists. Give me an f'ing break! The next thing will be the requirement to have terrorist passports issued before we brand them.

As CNN reports, Noble gave their names and ages as Pouri Nourmohammadi, 18, and Delavar Syed Mohammad Reza, 29 and added "they are not likely to be members of a terrorist group." 

http://www.zerohedge.com/news/2014-03-11/meet-2-iranians-center-stolen-passport-plot

AGAU's picture

How is it even possible in

How is it even possible in this day of snooping, spying , uber govt intrusion, massive data bases looking for turrirists etc that two passports can be stolen and reused by anyone!!  Especially two young guys from a country that has sworn to kill all infidels etc  hey when  the demographic fits , let's call a spade a spade until proven innocent that's how our govt,s treat us ain't it?.

Jeez I lose my credit cards and they are shutdown in seconds!!,

Bollocks's picture

The wake-up gathers steam ...

After a recent speaking engagement, Mike Maloney was approached and thanked by an Economics professor from San Diego. He has been using the 'Hidden Secrets Of Money' series as a discussion tool with his students with great results, as you'll hear in this short video.

"I can't change the curriculum, but I can definitely introduce into it different perspectives."

Dagney Taggart's picture

Same Legs??

This whole Malaysia 370 act is getting too funny!

First, we have ringing cell phones. Now we have the two "Iranians" with the same legs:

LLLOL! Next, we'll be told Pan Am 103 was committed by the Iranians and not the Libyans.

PS. Sorry to be off-topic, Turd. And I know how much you hate this WTC7-type conspiracy theory fluff.

Clarki Stomias's picture

Same legs...

Damn.  Those are the same legs.  WTF.  Photoshop.  Why?

stackaloha's picture

BRI

I did well with BRI. I closed that position last week. BRI's major owner's are like metals speculator hall of fame: Doug Casey, Rick Rule are the driving forces. I have done research on BRI and while I'm a noob I do believe this BRI company is loaded with good properties, good management, and good plans. I'll be looking to reenter BRI on a dip

dgstage's picture

Legs

It looks like the one on the left has been photoshopped.

AlienEyes's picture

Nice catch, Dagney !

B U S T E D !  laugh

.

Why ? Maybe the guy with the beard was wearing a tutu.

Dagney Taggart's picture

Sorry

Here's the source (2nd photo):

http://www.dailymail.co.uk/news/article-2578094/Revealed-The-two-mystery-Iranians-travelling-stolen-passports-Interpol-say-NOT-believe-plane-brought-terrorism-men-revealed-immigrants-19-29.html

No mention of horrible photoshop job.

OK. Back to work.

PS. Cell phone location can be triangulated from multiple towers or interpolated from a single tower based on bearing and signal strength. Again, so laughable.

Syndicate contentComments for "Twelve Minutes of Fun"