More From Thunder Road

Saturday, July 7, 2012 at 10:48 am

Some weekend reading but also we have the winners of the latest Hat Contest.

Let's get to the Hat Contest first. Remember, for this contest, we used the closing Globex prices, as shown on the kitco chars on the main page. As everyone can see, gold closed at $1582.40 (yuck) and silver finished at $27.10 (ick). The entries were graciously compiled by Turdite "rl999" and the winners are:

In gold, with a guess of $1582.16 - "interwebzmonies"
In silver, with a spot-on guess of $27.10 - "himalaya2"

As per usual, I need the winners to email me at tfmetalsreport at gmail dot com. I need your shipping info.

OK, back to business. There wasn't a CoT yesterday. Because last Wednesday was a federal holiday and because the CoT is cranked out by federal employees (CFTC), the CoT won't be released until Monday. What a joke this is! Try getting away with that in the private sector. Do you think your private sector boss would allow this? If a report is due on Friday, then it's due on Friday. Additionally, it just goes to show how purposefully opaque the CoT is. As Uncle Ted has repeatedly pointed out, there is NO REASON that the CoT can't be released the day after the survey. The delay in releasing the information makes it less valuable and, therefore, the markets easier to manipulate. Releasing the CoT yesterday would have been after just TWO business days and, clearly, we can't have that now can we? Again, what a joke.

Finally, here's your reading assignment for the weekend. You may recall the emphasis I placed on the last issue of The Thunder Road Report by Paul Mylchreest. It was a comprehensive summary of the techniques and methods used by The Cartels to manipulate and suppress the prices of gold and silver. If you missed it or would like a refresher, the report can be found here:

http://www.tfmetalsreport.com/blog/3590/traveling-thunder-road

In his latest report, Paul discusses an issue that is obviously near-and-dear to my heart: The Coming Change In The International Trade Settlement System (TCCITITSS). As regular readers know, I've been writing about this every chance I get. To read that Paul has come to many of the same conclusions is gratifying.

Please take the time to digest the report and discuss it in the comments section. I firmly believe that this Change is coming. The effects and implications of this Change will not be felt exclusively in the U.S., of that you can be certain. Therefore, we must all prepare.

Tr Report 27

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Comments

@ daveyboy, Are you being intentionally obtuse or something?

Submitted by Fred Hayek on July 8, 2012 - 5:45pm.

Here in the U.S., the mainstream media is a parade of Baghdad Bobs. There are no tanks here in Baghdad! There's no recession in the U.S.! There's no reason to doubt our currency! You should put all your money into the booming stock market!

I can't see how, if you're american, you can honestly make the argument you're making.

@So It Goes - What will

Submitted by cpnscarlet on July 8, 2012 - 5:55pm.

@So It Goes - What will replace a government run by special interests, Mr. Bones?

A volley of high-powered rifles ought do the trick!

(easy...far too easy)

@Hold over

Submitted by Jeremiah Jr on July 8, 2012 - 5:59pm.

Why are they militarizing the police?? why did they pass the national defense authorization act? They know whats coming.

You are correct. They know exactly what is coming. In fact they are bring it to pass, martial law and the NDNA is the end game our Republic. I feel your pain. There are a lot of people in your predicament.... doing what they can against this insanity. I employ 25 people that have little or no clue what is about to befall them. Our world as we know it will change in a day. All we await now is the trigger event, whatever that will be.

Celente is smart but misses the underling spiritual element of all that is going down. I love his perspectives.

How bad is the depression gonna be???

It will be bad, worse than you can imagine but keep looking up. You are not alone !!

What you are remarking on and

Submitted by daveyboy on July 8, 2012 - 6:05pm.

What you are remarking on and what I am remarking on illustrate the contrast.

On the one hand they deliver the mantra of everything is fine and dandy but for the more "intellectual" choosing they go with the alarmist the world is about to absolutely collapse headlines.

The alternative media continue the latter delivery and amp it up several notches. There is no point in paying attention to any of that garbage and yes there is a lot of fear mongering that goes on. You and I we are getting poorer, but there is no sudden collapse, it's incrementally collapsing, but to put this into context, the Euro would have to electronically print 5 times as much money into circulation than it's current level in order to usurp the dollar. That is not going to happen and therefore despite all of the bashing of the dollar, it remains the most integral of the currency's and it would be a brave person that predicted that this will not continue for at least another 10 years.

Water wheel

Submitted by Dr G on July 8, 2012 - 6:08pm.

Hey all, I'm back from vacation. I wanted to share some pictures of a water wheel that our family has been building for the past 4 years!

The plans for this design (which was 40% more efficient than the wheels common prior to it) were obtained from a French library. The design was created by a French mathematician. Common water wheels in the day were 30% efficient (70% of the energy was not being captured). This design is 70% efficient.

It was just completed last week. We set it in place and got it running. We still don't have it hooked up to power anything, but that will happen before fall.

It stands about 16 feet tall in total, and the radius of the wheel is about 6 feet. It is currently only turning at 14 rpm with the gear we have there, but we will have it step down multiple more times for a total end outcome of over 1,000 rpm. There is only about 30 inches of step-down from the upper pond (the mill stock) to the lower one.

The majority of it was fabricated from old steel and then welded together. We did all the work ourselves. None of it was outsourced. My final vacation project was to create the fence so the little kiddies don't fall into the mill race. The wheel would crush them completely. The wheel itself weighs over 3,000 lb.

I have some amazing videos of it working but am not sure how to post them.

Hope these photos/links work:

EDIT: I updated this post in an attempt to make the images smaller. Sorry.

According to his profile,

Submitted by Harald on July 8, 2012 - 6:09pm.

According to his profile, Daveyboy is in the U.K.

Indeed I am, home to the

Submitted by daveyboy on July 8, 2012 - 6:15pm.

Indeed I am, home to the serfs who show their gratitude for their servitude by singing god save our queen

Great quote from a great man

Submitted by Nephi on July 8, 2012 - 6:29pm.

In Proverbs, we read, “For the commandment is a lamp” (Prov. 6:23). Once darkened, a society loses its capacity to distinguish between right and wrong and the will to declare that some things are wrong per se. Without the lamp, our world finds itself desperately building temporary defenses, drawing new lines, forever falling back, unwilling to confront. A society which permits anything will eventually lose everything!

http://www.lds.org/general-conference/1995/04/deny-yourselves-of-all-ungodliness?lang=eng&query=once+darkened,+society+loses+its+capacity

Dr. G, that is AMAZING. Not

Submitted by tmosley on July 8, 2012 - 6:31pm.

Dr. G, that is AMAZING.

Not sure about your material choice though, it looks like it will rust out in a few years, as it is already corroded pretty severely. Hopefully not.

Wow Dr.G!

Submitted by Gramp on July 8, 2012 - 6:39pm.

That is a cool project!!

did you guys place the "footing" stones under the wheel base? Or where they in place already?

what is the flood/ drought extremes the watershed cycles through? I think the old mills here used a wooden water trough to bring the water (at a desired flow rate) to the wheel from the elevated pond.

I live on an old mill Brook here, and there once was 6 mills running within 200 yards of my place! The old style Mills , you know, for Carding Wool, Making shingles, Sawing Lumber, Grinding grains... ect!

Congrats Dr. G! what do you think you might try for the first run of your wheel?

@tmosely - don't let a little

Submitted by cpnscarlet on July 8, 2012 - 6:42pm.

@tmosely - don't let a little surface rust scare you, but Dr G, get some good naval paint on that baby. The rocket scientist says, "Looking Good!" Nothing like a good turbine to let the good times roll! What type of bearings do you have? Not sure how much tooling you can run at 1000, but best of luck to you.

Answers:The material will be

Submitted by Dr G on July 8, 2012 - 6:47pm.

Answers:

The material will be fine (we hope!). Some of that material is already 30 years old.

We placed the footings by tractor and then drilled into them to bolt the supports. We also had to shave them a bit (with MULTIPLE diamond bits) to get the millrace to fit snugly between them. We used one of our tractors, our Case 590 Super M (seen below) to move everything around.

There is always water to be had where this is located. We manually open and close the millstock. Even on a bad year (we are in a drought this year) there is plenty of water to power it.

I just did the math, it will be at 1,204 RPM when we are done with it.

Doc G!!!

Submitted by Roark on July 8, 2012 - 6:48pm.

Simply awesome! Would you accept a request for the plans?

I call BS :)

Submitted by Roark on July 8, 2012 - 6:51pm.

Any tractor that clean has gotta be a rental. :) My 580 is so dirty you cant read the decals!

1967 British Pound devaluation.

Submitted by Lumpy on July 8, 2012 - 6:53pm.

Interesting audio from the Prime Minister Harold Wilson.

http://news.bbc.co.uk/onthisday/hi/dates/stories/november/19/newsid_3208000/3208396.stm

daveyboy - Do you remember this?

@bam

Submitted by Hrunner on July 8, 2012 - 7:06pm.

The Selco transcript was posted by a survival podcast listener:

http://thesurvivalpodcast.com/forum/index.php?topic=36055.0

Dr. G, simply amazing! Let us know how it works post launch, including problems and troubleshooting.

To follow up on the farm as retreat comments, there are a number of examples of the dangers of the isolated farm, in transitional countries in addition to the post by bam about Argentina. Zimbabwe and South Africa for example, where farmers were overrun and run off, or worse. I tend to go with real life lessons.

http://www.survivalblog.com/2012/06/dont-stockpile-get-global-----conver...

I didn't intend to be dramatic and endorse that the U.S. will look like the former Yugoslavia, I frankly don't know. I know there will be a collapse. I know it will 'hard' and the meaning of hard we will find out in good time. I know hard will end and economies and trading communities will be rebuilt, as they always are. It will be a shift to something I believe will be better and more hopeful than what we have now. Remember we can't 'unlearn' what we know technologically, material sciences, medicine, nuclear energy etc. The key is to prepare my family and my community to make the transition. Sadly also, there will always be those who choose not to, by ignorance or intention.

@Roark, it's clean because it

Submitted by Dr G on July 8, 2012 - 7:07pm.

@Roark, it's clean because it spends half the year plowing snow :)

Odd

Submitted by TexasStacker on July 8, 2012 - 7:17pm.

So I was running on the treadmill around 1PM when my Belkin router shut off (as it is wont to do.) When I reset it and went to sign on, one of the available networks was named "FBI Field Van." Hmmmmm. I'm in a quiet residential area and sure didn't see any vans.

@TexasStacker, it's not

Submitted by Dr G on July 8, 2012 - 7:20pm.

@TexasStacker, it's not uncommon for people to name their home networks with terms FBI and CIA etc in the names in order to discourage others from siphering their Wi-Fi. My home network is named something similar to what you mentioned.

NDAA Activism

Submitted by Ned Braden on July 8, 2012 - 7:22pm.

Those of us who want to ACT, rather than complain about NDAA........check this site and its' tools out.

Affiliated with http://Oathkeepers.org

http://peopleagainstndaa.com/

Start your own chapter. DO IT NOW

@DrG.

Submitted by TexasStacker on July 8, 2012 - 7:33pm.

Yes, my post is (hopefully) tongue in cheek. It is odd that it was only visable on my available networks for about 20 minutes and I know all my neighbors and their networks well . So probably nothing....?

FYI...if it hasn't been mentioned

Submitted by Kcap on July 8, 2012 - 7:35pm.

The CoT is out, on Mr. Organ's blog. And its unbelievably favorable to the gold/silver bugs. Cartel covering and getting close to neutral.

Kcap

Great Doc

Submitted by Xeno on July 8, 2012 - 7:38pm.

Great to see such a project come to fruition DocG but my first though was - home power generation for a free power supply, the new stills. So I'd watch out for the revenuers and camoflage that baby. (edit- and make it look like a still)

Texas, good one. I think I may just rename my wireless connection and freak some people out LOL

Thanks Hrunner

Submitted by bam on July 8, 2012 - 7:46pm.

How many grooves...

Submitted by El Gordo on July 8, 2012 - 7:56pm.

are on the edge of an 2012 ASE?

Are the number of grooves and peaks the same?

New Money Math !

Submitted by Monedas on July 8, 2012 - 8:06pm.

Groove, Peak, Groove, Peak......................................Groove, Peak ! The number of grooves and peaks is the same ! Next question: How many grooves ? Answer: Count the peaks and divide by one: P/1 = G ! Monedas 1929 Comedy Jihad Numismatic Mathematic

TexasStacker

Submitted by murphy on July 8, 2012 - 8:09pm.

I was visiting a customer in another city one day. He told me that the day before there was a shooting in the apartment complex behind his store. When I booted up my laptop it picked up, "FBI Van #19".

FYI.

Another stupid question

Submitted by El Gordo on July 8, 2012 - 8:31pm.

If I decide to make a run for it before they pick me up and send me to reeducation camp, can I legally take 10,000 unreported ASEs with me across the border since they have a stated value of $1 each?

ASE ~ 201 reeds

Submitted by DrkPurpleHaze on July 8, 2012 - 8:31pm.

Enjoy the short video all you silver bugs

Denomination	Cent	Nickel	Dime	Quarter	Half Dollar	Susan B. Anthony Dollar	$1 Coin
Composition	Copper Plated Zinc 2.5% Cu Balance Zn	Cupro-Nickel 25% Ni Balance Cu	Cupro-Nickel 8.33% Ni Balance Cu	Cupro-Nickel 8.33% Ni Balance Cu	Cupro-Nickel 8.33% Ni Balance Cu	Cupro-Nickel 12.5% Ni Balance Cu	Manganese-Brass 88.5% Cu 6% Zn 3.5% Mn 2% Ni
Weight	2.500 g	5.000 g	2.268 g	5.670 g	11.340 g	8.1 g	8.1 g
Diameter	0.750 in. 19.05 mm	0.835 in. 21.21 mm	O.705 in. 17.91 mm	O.955 in. 24.26 mm	1.205 in. 30.61 mm	1.04 in. 26.50 mm	1.043 in. 26.5 mm
Thickness	1.55 mm	1.95 mm	1.35 mm	1.75 mm	2.15 mm	2.00mm	2.00 mm
Edge	Plain	Plain	Reeded	Reeded	Reeded	Reeded	Plain
No. of Reeds	N/A	N/A	118	119	150	133	N/A

The numbers of reeds by denomination are:

Denomination

One Cent
Five Cent
Dime
Quarter
Half Dollar
Dollar (1.04 diameter)
Susan B. Anthony Dollar
$1 Coin

Highest number of reeds
Silver American Eagle one ounce
Lowest number of reeds
$1 Gold Coin (.511-inch diameter)

Number of Reeds

0
0
118
119
150
189
133
0

201

Note: American Eagle coins and many commemorative and coins also are reeded.

(Denominations in Bold Type Are Still Authorized)

HALF CENT CENT TWO-CENT SILVER THREE-CENT NICKEL THREE-CENT NICKEL FIVE-CENT HALF DIME DIME TWENTY-CENT QUARTER DOLLAR HALF DOLLAR DOLLAR	1793 - 1857 1793 TO DATE 1864 -1873 1851 - 1873 1865 - 1889 1866 TO DATE 1794 - 1873 1796 TO DATE 1875 - 1878 1796 TO DATE 1794 TO DATE 1794 TO DATE
(Includes: Eisenhower - 1971 through 1978 Susan B.Anthony - 1979 to 1980 and 1999 $1 Coin - 2000 to date)

Why do some coins have reeded, or grooved edges?

The half-dollar, quarter-dollar, and 10-cent (dime) denominations were originally produced from precious metals, mostly silver and gold. The reeded edges were created to make sure no one would alter the coins by attempting to file off the edges to retrieve some of the precious metals.

http://www.usmint.gov/faqs/circulating_coins/?action=faq_circulating_coin

Liberals and their culture of music !

Submitted by Monedas on July 8, 2012 - 8:33pm.

Thank you, Liberals, for the decline of popular music : Rap, Heavy Metal, Hip Hop, Raggae, ad nauseum ! All a bunch of simplistic jungle rythms and sounds of wild animals being eaten alive with the percussion of a Hamtramck stamping mill ! There isn't sufficient desire to excell ! Fiat money, high taxes, welfare, social security from the government, unemployment compensation ! There is no creative fire in the belly ! Berlin, Porter, Gerschwinn, Rogers and Hart and Hammerstein, Tin Pan Alley, Jazz, Motown, Rock 'n' Roll, Soul, Country ! Only Capitalism can provide the creative incentives to inspire art ! Thank you Liberals for all you take ! Monedas 1929 Comedy Jihad Deviation From Capitalist Orthodoxy Is A Moral Hazard !