Turd's Glossary

Many readers have requested a glossary of Turdisms that this site uses. For future reference and entertainment, below a few definitions.

The EE: Is, of course, The Evil Empire. The EE consists of the evil, colluding consortium of "bullion banks" that, at the behest of the Federal Reserve, actively suppress the prices of gold and silver through methods such as the seemingly endless creation of paper metal and "offer bunching". The primary, co-conspirators are HSBC and JPM.

The Death Star: The Comex. This is where the EE wields their power. The survival of the rebellion may ultimately hinge upon its destruction.

The C/C/C: The coalition of the CME Group, The Comex and The Bullion Banking Cartel.

The BoS: Our buyer(s) of size. They first showed up in late August 2010 and have since provided a near-daily bid for physical gold and silver.

Santa: I first discovered the wisdom of Jim Sinclair a couple of years ago. It didn't take long for my friend, Mr. Hyde, and I to get all excited and start trading on Jim's wisdom. Of course, at about that time, The EE attacked and down went gold and down went our trading accounts. Exasperated near the bottom of the move Mr. Hyde asked, "Why should we listen to this guy on the internet anyway? For all we know, he might as well just be Santa, typing gold updates from the North Pole." From that point forward, Mr. Sinclair has been lovingly referred to as "Santa". Coincidentally, this Christmas at the Ferguson house promises an abundance of good cheer, in part due to Santa's terrific insights. http://www.jsmineset.com/

The Canadiens: There are a lot of good mining companies based in Canada. It would follow, then, that there are a lot of good metals analysts up there, too. From Harvey Organ (http://harveyorgan.blogspot.com/) to Jeff Nielson (http://www.bullionbullscanada.com/) to Eric Sprott and John Embry (http://www.sprott.com/Main3.aspx?id=54), much wisdom is to be gained from listening to The Canadiens.

Trader Dan: Trader Dan has forgotten more than The Turd will ever know. If you don't already, make it part of your daily routine to visit Trader Dan at http://www.traderdannorcini.blogspot.com/

ZH: ZeroHedge.com is the best financial news and discussion website. Period. If you're not on there several times a day, you simply do not know what's really going on in the world.

POSX: The Piece of Sh*t Index. Most everyone else calls it the dollar index or USDX. Also known as Pigatha or, simply, The Pig.

Calvin: Our term for what others call a "dead cat bounce". See here: http://tfmetalsreport.blogspot.com/2011/04/calvin.html

FUTF: This is a formation on the intraday silver chart where silver is brutally raided, much to the chagrin of The Turd.

FUBM: This formation follows the painting of the FUTF. When buyers rush back into silver and take it higher than it was pre-raid, the resulting chart formation is called an FUBM.

The Wicked Witch and Ruprecht: Our mythical opponent and her monkeyboy sidekick.

Options: When The Turd refers to trading options, he is referencing options on futures. For example, "I'm buying the May 35s" means "I'm buying the $35 calls on the May future contract".

WOPR: The fictional military supercomputer in the movie "WarGames". WOPR nearly starts a nuclear war because it thinks the US is under attack. We use this term to describe the high-frequency trading (HFT) which dominates today's markets.

FOAD: Fat, Old, Arrogant, Douchebag. Any powerful media or financial guru who, after years of Fed-induced easy money, has become a closed-minded slave to the status quo.

O'bottom: Our esteemed and illustrious chief executive, President B'rock O'bottom.

O'Bomney: The winner of the 2012 U.S. election.

Republocrat: Any current member of Congress.

The Bernank: The head of the U.S. Federal Reserve.

Mr. Hyde: My friend who is a regular Dr. Jekyll 99% of the time but 1% of the time, particularly when he is drinking and/or gambling, morphs into Mister Hyde.

Sweetness: Longtime pal, sidekick and wingman.

Community member titles in the forums:

Taking a cue from history, we took old miner slang and used those terms to create labels depending on user activity in the forums:

0-24 posts: Johnny Newcome - novice miner
25-49: Nipper - boy who runs errands for miners
50-99: Stomachlobber - camp cook
100-249: Digger - common name for miners
250-499: Muckman - common name for miners
500-999: Prospector - independent miner
1000-1999: Sourdough - a highly experienced miner who has mined for many years
2000-4999: Tycoon
5000-above: "Old Fart"