Turd on with Future Money Trends

This was recorded on Thursday. For Vault members, it's mostly review. Non-subscribers, though, might find this update to be helpful and informative.

Thanks again to Dan and all at Future Money Trends for having me on!





ancientmoney's picture


I need a fist-bump.

Dr Jerome's picture

You got it!

But according to this video, "fist bump is out!"

ancientmoney's picture

Bart Chilton changes tune, takes HFT assn. job . . .

Imagine that!

"The switch is a dramatic example of a regulator becoming a paid consultant for an industry he once criticized—and it says as much about how the high-frequency trading industry is changing its approach as it does about Washington's often-criticized revolving door.

Chilton, who left the CFTC earlier this year, joined the law and lobbying firm of DLA Piper as a senior policy advisor in April. On Thursday, the Modern Markets Initiative announced that Chilton and DLA Piper will work with the association's newly appointed CEO Bill Harts on "regulatory and public policy matters."

Both Ted Butler and I thought he was a good guy until we realized that although he talked the talk, there was no way he was ever going to walk the walk.  Now he's just another paid whore for Wall Street. "


SS121's picture


I'll take it!

ed.  ooops, make that 4.  Nothin wrong with that...


Turd Ferguson's picture


ancientmoney's picture

Ted Butler's latest on silver . . .

"The stage is set for something the world has never experienced previously - an asset bubble accompanied by an industrial shortage. The two greatest upward price forces known to man, an asset bubble and a genuine commodity shortage, appear set to combine in silver. Either one alone would have a profound impact on the price, but the combination seems both inevitable---and almost impossible to contemplate in terms of how high the price of silver could be driven. It’s hard to see how intense investment buying wouldn’t trip off industrial user attempted inventory stockpiling, or vice versa---and it doesn’t matter which comes first. - Silver analyst Ted Butler: 20 August 2014"

From Ed Steer/Casey Research site.

Dr Jerome's picture

Breaking Bad

Presented without comment.


sierra skier's picture

OH Boy

Take a look at that spiffed up photo. Dressed to kill. Now to listen.
I have a suit also but only wear it for weddings and funerals (once to a share holder meeting).

SS121's picture

"Craig"?? from "T"fmr.. talking metals? oh the inhumanity :-)

"Turd!!!"  hearing him call you "Craig" ... it was like hearing a little kid call their parents by their real name instead of "Dad" or "Mom". 

Never let 'em dethrone ya Turd,, It's the secret sauce!!

wouldyoubelieve...'s picture

Dr J

wow, kinda like the investment version of the meth head progression booking pics, is this our future?

Igiveup2's picture

Adjusting to the new normal

I have been at this site since its inception. I read ZH religiously. I have a financial services background. I own my own business. In the beginning, based on what I read and what I thought I knew, I was absolutely convinced this country was on the road to ruin with the event horizon at hand. I “prepared accordingly”. After crying wolf with all of my friends and family for a couple of years, I decided I probably knew “what” but not “when”. I decided I wasn’t going to change anyone’s beliefs and quit being proactive. This spring I posted here after I returned from a vacation that I had come to the conclusion the world would move on whether or not I had my underwear in a knot about it. It has now been about 6 months since that revelation and my life is now returned to near normal. I occasionally skim ZH for headlines and simply decided to be infinitely more skeptical of what I do read.

Do yourself a favor and go back and reread the hot topics of the day/week/month in your blogs from a couple of years ago. Almost nothing that was predicted has come true. Every time the US Fleet moved, we were going to have the next world war. Didn’t happen. Greece came and went without the banking system collapsing. The European debt dominoes didn’t fall taking down the Euro. The POS didn’t collapse and send gold to the moon. Everyone said QE would never end. They were wrong.

If all the soothsayers on the web had been correct, the S&P would be at 600, gold would be between $2,000 and $5,000, oil would be at $200/bbl and commodities so high nobody could eat. They absolutely couldn’t have been more wrong. Take a look at what these people said about FB a couple of years ago. They all KNEW Face Plant was going to be an abject failure. They couldn’t stop talking about it. It’s up almost 400% from the point they predicted failure. They don’t talk about it anymore.

Additionally if they had been right, we’d be fighting a world war in the Middle East while forming local neighborhood militias to fend off the hoards of city dwellers fleeing the collapse of the cities. The auto industry would not be selling any cars, the housing market would be languishing in a sea of inventory and banks would have confiscated most of our money and so on and so on and so on.

My point is this. We live in a different world. Things are going to happen, some good, some bad. When and what happens is merely a guess, not even an educated guess. The last four or five years have proven this to be the case.

I have not joined the ranks of the willfully ignorant. I can’t ever go back there. However, obsessing over the daily grind of the news is a waste of one’s time and emotional energy. I’ve learned obsessing over TEOTWAWKI is too.

As has been stated over and over and over again, own some precious metals as insurance against a collapse of the system. But treat it like you would an insurance policy for your house. Buy it and forget it. You don’t sit in your yard all day staring at your house waiting for it to catch fire.
Try to relax and enjoy life. Go back to that time when you heard the term black swan and you thought of a bird.

Turd Ferguson's picture

Yep, pretty scary


I changed the order of Doc's pics to make them chronological.

And to think...There was a time when I could "pull" with the best of them. Now I'm just a tired old man on a quixotic adventure to save mankind from The Evil Bankers.

Response to: Dr J
Dr Jerome's picture


That re-ordering seems to fit Igiveup2's story and exortation--that we all used to be respectable, then transformed into radicals, and now, one by one, we returning to some level of respectability, albeit informed and cautious about the future with a stack, pantry, armory and a "vacation home."

ancientmoney's picture

Igiveup2 . . . some good advice, maybe, but . . .

We here are the sentries on duty at the watchtower.

To the extent we make known as much as possible the false flags, expected false flags, etc., the PTB know we are watching them.

While we do not want the world financial system failure to bring mayhem and destruction, we must continue to prep against it--and that does not mean just waiting for the PMs to rise in value.  There's a whole lot more to consider.

SilverRunNW's picture

Notice any difference?

I can't find any.

Ladies and gentleman, meet baphomet chilton.

ancientmoney's picture

Jesse on bankers . . .

"There are those who think that we are back to 'normal' and that The Recovery is already sustainable.

This is no recovery. This is the propagation of financial bubbles, systemic corruption, and serial policy errors that support them.

The growth in the US economy is still coming primarily from the growth of paper assets and not from any underlying activity in the real economy

This is not stimulus. This has the complexion of a control fraud.

Have we no shame? No sense of decency?

The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery."



AIJ's picture

I have never looked at the PM's like that..

I like what Jim Rodgers said when asked how to get rich when his questioner asked, "diversify?"

His answer..."NO, pile everything into the next thing and hold on until the top then SELL."

Since 2000 the PM's have risen an average of 15% per year.

The S & P has risen an average of 1.5% per year.

The PM's don't sound like fire insurance to me.....


Icarus's picture

The last 5 years.........

Depends on your time line.

Since November 2009 the PM's have risen 1.25% per year.

The S&P has risen an average of 16% per year.

Just the opposite.

Sure sounds like fire insurance if you look at the five year timeline..........


SE's picture

Bart Chilton

Please correct me if I'm wrong...

What if the other commissioners asked Bart Chilton to be the whipping boy for them, such that he would pretend fight for us and dissent in the decisions of the commissioners, perhaps turn over our information to the Feds, but ultimately just take the heat from us for them, so they wouldn't have to deal with it?  He most likely had no desire to dissent with the other commissioners, and probably even agreed with them while putting on an act to whet our appetites.

Because he turned traitor, put him on your shit list.  After rule of law has failed on all levels, someone will go after him.

AIJ's picture

My timeline is when I started to invest

to the time I sell.  That's what matters to me.

How many dot com 1.0  millionaires kept their money?

Strongsidejedi's picture

Weimar Stock market chart

AIJ's picture

Love this long term SP Chart

..If you sold in 2000, then bought in 2002, then sold in 2007, then bought in 2009 and then sold in 2014 you would be a winner.  Yeah, and if I only knew what the lottery ticket number was the day before....


Look's like basing action prior to the next uptrend to me.

This is what you would expect prior to the next BIG move.

Enough arguing; Gentlemen ( and Ladies ) , place your bets.

ancientmoney's picture

South African banks pay interest on gold . . .


Sounds like the latest bankster scam to steal peoples' gold.  If they want gold, the CBs and MSM say it's everywhere!  Why go this stupid route?  Oh, yeah . . .

"In other words, South Africa is just the latest country to undergo a banking sector crisis. But don't worry: "The South African Reserve Bank insisted the country's banking sector remained "healthy and robust."

So what does one of these "healhty and robust", but not systematic, banks do? It has a modest proposal: please give us your gold, for which generous offer we will pay you a whopping 0.5% per year.

Good luck.

P.S. why not just borrow the gold from the BIS, or are they also out?"

ancientmoney's picture

SE re: Chilton the traitor . . .

"After rule of law has failed on all levels, someone will go after him."


I bet there are a few Bubbas out there who'd like to get their fingers in his pretty blond mullet.

ancientmoney's picture

Jeepers, ISIS is one scary boogieman!

ISIS, they are really bad terrorists, they're so bad even Al Qaida is afraid of them,” Inhofe said reflecting on the recent beheading of American journalist James Foley. Beyond the beheading, Inhofe said the current terror organizations are not going to stay contained to the Middle East. “They're crazy out there and they're rapidly developing a method of blowing up a major U.S. city and people just can't believe that's happening.”

P.S. I like this comment on ZH from Joe Davola: "Can we pick which city?"


stephanie's picture

focus on ISIS today

They tried stirring up riots around the country due to Ferguson, and it was a big massive fail, so it's not surprising that the news today is all about an impending terror attack. Gotta blow up our cities one way or another.

ancientmoney's picture

stephanie, gotta blow up our cities . . .

Yes, they are giving us the "Full Monty" prep speech for another shadow government false flag, with who as the Patsy this time?

a.  ISIS

b.  Putin

c.  Ferguson agitators

d.  all of the above

Wizard's picture

Boy does this ever sound familiar

Anyone that listens to Jim Willie will find this a little too familiar

On Thursday’s “CBS This Morning,” former CIA Deputy Director Mike Morell made a claim about the Islamic State terror group ravaging Iraq that had anchor Norah O’Donnell calling it “really scary to hear.”

After explaining what he thought needed to be done to defeat the terrorists (more targeted strikes and better intelligence), he said that “if an ISIS member showed up in a mall in the United States tomorrow with an AK-47 and killed a number of Americans I would not be surprised.


DollarMenu2's picture

Latest internet 'revelations'...

FWIW, this morning, I'm reading from several sites of ill repute that the Foley beheading was a faux event.

The fact that it is supposedly illegal to watch the video in Britain might make these claims legitimate.

Someone might just know who that brit-speaking executioner is, and who he works for.

Talk of no blood, and CPR doll, and studio quality audio - all add to the truth of the claims.

One thing coming in really clear is the war beat - it's sounding out on all fronts.

War at home, war abroad, anything but sit quietly, and examine just what is really wrong.


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