Turd Traveling - Open Thread

I am traveling today after spending the Easter weekend away with MrsF and the LTs. 

I hope that by later today I will be able to post a review of the day's events as well as some updated charts. For now, this is simply an open thread. The only discussion item I have is this new post from Gonzalo Lira. Where Gonzalo excels is in forward thinking. In this piece, he alerts readers that Spain will be the next "eurozone crisis" and gets you wondering about just how this will all play out.

http://gonzalolira.blogspot.fr/2012/04/spain-will-exit-eurozone-firstthis-year.html

And I just found this interview of Uncle Ted. Please take the time to read it today.

http://moneymorning.com/2012/04/06/the-who-how-and-why-behind-silver-price-manipulation/

That's all for now as we are packing things up and I can hear MrsF hollaring for me from the next room. I'd better get moving...if I know what's good for me.

More later. Have a great day. TF

140 Comments

Fr. Bill's picture

Early Morning First!

Another Frabjous Day. Chortling in my joy here.  Life is good.

Airgead's picture

Early morning second!

I hope...

I Run Bartertown's picture

Open Thread?

Well then, I propose we devote this one to His Eternal Glory!

Sound good Fr. Bill? 

Hahahahahahaha.

Just kidding, enjoy today, everyone!

Edit - not this guy...

http://www.mrctv.org/videos/van-jones-libertarians-hate-brown-folk-and-gays-and-lesbians

Though I will give him credit for implicitly acknowledging that the very concepts of Liberty and Limited Government are derived from European Culture and will likely never gel with the MultiKult.

Vernon Wormer's picture

2 years ago

Just wanted to chime in with a little story. Two years ago (4/8/10) my wife and I decided to listen to the guy in the big yellow hat on ZH and started stacking. We are regular stackers now and have amassed a nice little savings account. The current value of our stack is 7% higher than when we began. I'm sure I could have gambled in the market and made more or left it in the bank at 0.01%, but we are very happy. Thank you Turd for all that you do. 

opticsguy's picture

in 1900 a day's wage of

in 1900 a day's wage of unskilled labor was about half an ounce of silver.  A mechanical engineer could make the equivalent of 3 oz of silver a day.

A year's pay in gold for a laborer ($20/oz, $240/year) was about an oz of gold a month.  Have an ounce of Au for every month you plan to be retired, and your silver holdings will be gravy.  A 100z Ag bar represents 200 days of US unskilled labor (about $13K) but you can buy it for a quarter as much.

That is why I stack.

Pining 4 the Fjords's picture

Blythe: Her lying eyes

Noticed this over the weekend and I thought I would throw it up on Main for comments or thoughts.  At this point, you've all seen the video of Blythe Masters appearance on CNBC, a highly scripted 'interview' that was a beautiful piece of theater whereby she is asked questions she knows are coming and is able to deliver pre-prepared, memorized talking points.  One major takeaway has already been commented on here- it is highly noteworthy that silver and silver manipulation was a major, pre-planned subject of this interview.

Something else happed in this interview that was much more subtle, though.  Here is the video-  put it on fullscreen and look carefully at Blythe's face at exactly the 3:27 mark when she says  "We store significant amounts of commodities, for example silver, on behalf of customers".    Now scroll back and forth and watch it again a few times, and see how her entire face tightens and her eyes narrow in an almost twitching action when she says the words "stores significant amounts".

Now read this: 

What are Micro Expressions?

A micro expression is a momentary involuntary facial expression -- that people unconsciously display when they are hiding an emotion. They are quick & intense expressions of concealed emotion.

The main points to remember are that micro expressions are:

Brief - Micro-expressions can appear then disappear off the face in a fraction of a second. In other words micro-expressions occur so quickly, that most people don't even notice them.

Involuntary - A micro-expression is caused by involuntary movements in facial muscles. (See the fake-smile illustration ). Most people cannot control these involuntary muscles which are affected by their emotions.

Micro Expressions are generally grouped into seven universal emotions: anger, disgust, fear, sadness, happiness, surprise, and contempt

From online guides it looks to me like Blythe's face shows, in a clear micro-expression, fear.  FEAR.  Take a look at the example of how to detect a micro expression done by a professional, Professor Paul Eckman, as shown in this video:

So now ask yourself-  why did Blythe flash this involuntary micro-expression at the exact time she said "store significant amounts" in the context of describing JPM's short hedges...  because she knows this is a lie.  Her fear of the reality - that their short positions are NOT backed by corresponding amounts of physical, stored metal - comes across in this involuntary micro expression. 

Tinfoil hat speculation, or genius insight into the truth?  I leave it for you, dear reader, to decide...

Excalibur's picture

Travelling

This coach is in my local town. Runs on recycled cooking oil.

aec regal florence motorsaec regal

1948 AEC Regal with Art Deco interior

Dr G's picture

Strange metals action in the

Strange metals action in the past 15 hours. Today has a bit of excitement added to it. The nice weekend has rejuvenated me!

JimmyTheHand's picture

Silver Chart from last night

I sent a copy up to Zerohedge and asked them to take a look.  They came back and said that it was just a misprint.

NW VIEW's picture

OPEN THREAD-FOLLOWUP-THE MOVIES-BIG FAMILY

Well the posts yesterday were diverse and it is good to let everyone have their own views.  It reminds me of one of our family dinners when all the extended family sits at the table.  My sister has been involved in Scientology for over 40 years and her husband is into eastern religions and both are atheists.  They both love Mr. B.O. and they told me that Mr. B.O. must create more social programs to fix the nation.  Several of the nephews are drug users in that clan and are  on every entitlement program available. One nephew did bring his gay lover to dinners but that ended .   It takes a boat load of tolerance to sit through all the different life styles and views.  I wanted to thank the board for the great input on the board and also the P.M.'s that were given.  Yes we have a big family here.

The movies:  I have a riddle: What do the following three movies have in common?   Pollyanna with Hayley Mills, E.T. and Avatar

Excalibur's picture

By Jove, you're onto something Pining

Twitch clear at 3.27. Shame so many graphics mask the face these days. I wonder about earlier interviews with BM.....

deerstalker-sherlock-holmes.jpg

silverstarfox's picture

Gold

I went a little long on some options last week. Yaah. :)

tpbeta's picture

@pining

Too bad they cut away so long to that stupid graph. 

Dexter Morgan's picture

The Morgue

I bought some May puts on JPM Thursday.  Nice little gain today.  I love to short The Morgue!

Groaner's picture

I hate to say it kids. but the bad guys will

hit it soon.. they cant have metals rising in a down market,, no.....

Dr G's picture

The bad guys hit it like an

The bad guys hit it like an hour ago. Nothing to see here.

Groaner's picture

Cracks me up.. Market watch

they just said gold is rising on easing expectations.. yeah right.. I love their stupid inept commentary.

Excalibur's picture

Blythe's micro expressions

Also check out 4.00 when she is saying 'inaccurately'

and

4.26 when she is saying 'wrong'

Hey, it  might be easier to spot when she's telling the truth.

Groaner's picture

Lying?

That's a given.. no need to waste your time on that subject..

Excalibur's picture

Blythe - something in the name

Blythe was a fashion doll created in 1972. Production only lasted a year due to lack of demand.

images?q=tbn:ANd9GcS6zOxlYRJ-15SkUZ_BjFL

She had an oversized head and large eyes that changed color when pulled by a string. (Probably by another doll called Jamie).

Edit: Although her life was tragically short (she was terminated because children were scared of her eyes), she was reborn as Takara neo Blythe. Silver bullet anyone?

recaptureamerica's picture

Lying? Why is anyone

Lying? Why is anyone surprised? They lie under oath, of course they lie when interviewed during a scripted rehearsed piece.. now if the threat of jail or worse was offered for lying, well, truth be told would be.

SS121's picture

121n35?

In a couple of previous posts I pointed out the details of what looked to be some interesting coincidences concerning the times dates and events of Christ's time on earth around 2012-1980 years ago and our current silver market from 1979/80 until now. If the pattern as described completes it would put the Gold/Silver ratio at 1:1, at the end of a 40 day period, on May 14th, 2012.

In no way am I predicting a GSR of 1:1 on May 14th, Just saying that that is what the Biblical/Historical pattern to today's silver market as detailed in the previous posts MIGHT indicate IF there is even anything to this pattern.

Today is April 9th 2012

Day 5 of 40

GSR 51.8

Links to the Biblical/Historical (Not Religious) to Silver/today info below

http://www.tfmetalsreport.com/comment/146995#comment-146995

http://www.tfmetalsreport.com/comment/151747#comment-151747

MrSteed's picture

Blythe Expressions

One thing that stood out on the video was her fairly frequent move with her right hand to put her hair behind her right ear.  She never quite managed it.   I wonder if that is a sign of anything.   Probably it's just because that's how she likes it.   I've noticed in her photos her hair is behind her right ear.    No doubt it has some dark, devious meaning!!!

NW VIEW's picture

DREAMING

I had an unusual dream last week.  I was sitting in a large conference room that was filled with the Wall Street traders from the big brokerage houses.  They all had their suits and ties and seemed to be in a panic.  The boss of all these professionals came in and said "Are all of you traders ready for what is coming and have you positioned yourselves". They answered " Yes we have shorted the market and purchased gold".  I wondered why I was in the meeting but that is just how dreamed work.  Disclosure: I am not short anything.   jmo

Groaner's picture

I find it discusting that you are trying to use

the Bible to make money like that. What do you think... its a lucky charm or something?

No different then all the other false religions who try and use God's word for their own agenda by twisting the scriptures to fit their own beliefs, not God's..

so note what will happen who do.

2 Peter 3:16  speaking about these things as he does also in all [his] letters. In them, however, are some things hard to understand, which the untaught and unsteady are twisting, as [they do] also the rest of the Scriptures, to their own destruction.

OrangeAlert's picture

Lie to Me

That was a great TV show on Fox based on Paul Eckman's work.  Loved all 3 season's of it until they took it off the air.  Not sure why, probably ratings.  Netflix has them all.  Fascinating stuff and great post Pining.

Groaner's picture

They can't allow the metals to stay up now can

they when the rest of the market is tanking.  Freedom.. you will not find it living under Satan's ruler ship.. the father of the lie 

Straying From the Flock's picture

Iceberg in the rearview

Just like the Titanic, our fate has been sealed.  It is only a matter of time before all the work done to debase and dismiss the dollar pays off.  Our passengers are still dining and dancing while the orchestra plays.  Only about 1% have found the lifeboats.  The main difference here is that captain Bernanke has a helicopter to lift him to safety as the country slips below the surface of the water. 

Our brothers and sisters suffer from the normalcy bias.  They cannot and will not see what is right in front of them.  Show them the iceberg, and they will tell you how pretty it is.  The "this can't happen here" mentality will be the doom of our people. 

The part that no one remembers is that it wasn't until after they were able to look back at the ship listing and getting ready to plunge, that the non-believers finally saw what they had been told.  This marvel of the industrial age was doomed.  How many women and children watched as their husbands and fathers disappeared for ever?  Most then did not and most now will not believe until it is too late.  They just cannot accept that the paradigm is ending.

That won't stop me from pointing to the lifeboats.

Stack faster

RGD

BagOfGold's picture

Hopefully Ben & Blythe...

will give us an early Christmas gift!!!...

But that may happen only...

Bag Of Gold

Dr Jerome's picture

Good job Pining!

I have not had time to watch the interview--perhaps later today. I happen to be teaching my classes about lie detection this week. I'll watch it with the sound off first and post some comments later, if I see anything to add to your analysis.

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