and there I thought this was a once in a lifetime event!

I never imagined that it could happen twice in a lifetime.

Isn't life amazing?

One never knows when the yellow bird of happiness will smile upon them.

:)

TD

...but I value the Thurd position more highly than than Furst or Furst+1...!

I think it has something to do with having a Turd as part of the position...and, yes, I AM easily amused AND STILL STACKING!

I love that Ag continues to flounder because I'm able to purchase it for less $, but it'd be nice to see it actually reflect the difficulty one encounters trying to procure it these days. WTF??? Continues to feel like there's a missing piece to the puzzle....and makes me feel stupid for not being able to figure it out.

God love you, Turd, it takes balls and brains to put yourself out there like you do! Thanks for having more than ample amounts of both!!

US Mint total of ASEs through today.

http://www.usmint.gov/mint_programs/american_eagles/?action=sales&year=2013

4.78 million.

Whoosh - all that silver gone - never to be seen in the market again.

Keep stacking.

Silver is going bezerk! This sidewayness is insane. 

http://silvervigilante.com

Expectations for future silver prices are diverse. Many believe that we could see silver, in the next 10 years, increase in price by 500%. Others believe we will see this price move in three years. What's possible?  Over the first decade of the 21st century, silver did indeed increase in price by 500%.  It, along with student loans, sowed one of the best decades - performance-wise - for an asset, and there's no reason this should conclude.

Interesting interview by the way. Had never heard of Archer. 

if this was NYC marathon........that would be something, huh?........  and i'm not even on roids!

A 2012 bill is moving right along the process in Chicago,  the Precious Metals Purchasing Act;

Lead with a copper jacket is precious as well...

http://vigilancepost.com/index.php/2013/01/precious-metals-purchasing-ac...

Funny amendment attached to it

Senate Committee Amendment No. 1
Authorizes inspection of records by local police departments. Requires reports to law enforcement on a daily basis. Exempts persons licensed under the Pawnbroker Regulation Act.

....like these below I sometimes have to seriously consider that there is no way in hell the U.S. will relinquish their grip on the USD as the reserve currency in any way, shape or form and they'll fight it's weakening tooth and nail to retain it.

In speaking of debt arrangements and negotiations or shorting of metals etc. in things I've posted I've always been cognizant of the flip side of possibilities regarding the US resisting any prospect of loosing their USD hegemony and getting real hostile if someone tries to usurp their influence or leverage. I'd like to think they can work together as they seem to do and work towards a common good but that would be naive of myself.

We have a gigantic planetary (and space) military presence for a reason. And there's a history of violence and repression for centuries literally going back to England (and others) before America's involvement.

America's been on the move further east and has encircled and flanked China to their east with many naval assets, bases and also with a BMD System which is a big component of the Obama Pivot....read on. That doesn't sound like someone whose about to relinquish or share anything let alone a post WWII dominant reserve currency backed by an equally dominant and seasoned military.

I figure on a slow Friday night maybe we'll get some discussion about this or China gold, US Platinum coins or whatever.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No Wonder China is Nervous as Obama Pivots

http://www.tfmetalsreport.com/comment/258610#comment-258610

The USA’s decades long warfare against China

http://www.tfmetalsreport.com/comment/258611#comment-258611

The Endgame in Syria: Strategic Stage in the Pentagon’s Covert War on Iran

http://www.tfmetalsreport.com/comment/258613#comment-258613

A new U.S. military strategy, old bases near the South China Sea

As part of the Obama administration's strategic "pivot" to Asia, the U.S. military is seeking to regain access to foreign bases that it was forced to leave decades ago. Read related article.

Kissinger has a lot to answer for. Here, he is pretty straight forward about where US interests lie in relation to gold:

"Secretary Kissinger: Why are we so eager to get gold out of the system?

Mr. Enders: We were eager to get it out of the system—get started—because it’s a typical balancing of either forward or back. If this proposal goes back, it will go back into the centerpiece system.

Secretary Kissinger: But why is it against our interests? I understand the argument that it’s against our interest that the Europeans take a unilateral decision contrary to our policy. Why is it against our interest to have gold in the system?

Mr. Enders: It’s against our interest to have gold in the system because for it to remain there it would result in it being evaluated periodically. Although we have still some substantial gold holdings—about 11 billion—a larger part of the official gold in the world is concentrated in Western Europe. This gives them the dominant position in world reserves and the dominant means of creating reserves. We’ve been trying to get away from that into a system in which we can control—

Secretary Kissinger: But that’s a balance of payments problem.

Mr. Enders: Yes, but it’s a question of who has the most leverage internationally. If they have the reserve-creating instrument, by having the largest amount of gold and the ability to change its price periodically, they have a position relative to ours of considerable power. For a long time we had a position relative to theirs of considerable power because we could change gold almost at will. This is no longer possible—no longer acceptable. Therefore, we have gone to special drawing rights..."

http://mises.ca/posts/articles/henry-kissinger-on-gold/

Colorado Gold has this buy program: 

http://www.coloradogold.com/selling.php

I have dealt with them in the past, returning a bag of 90% that I had bought from them earlier. It's only one data point, but they paid promptly and their check didn't bounce. 

I like that everyone is arriving at the same conclusion: just keep stacking.

It's really the best thing you can do actually. Just hard to accept that doing (practically) nothing and just waiting is the best strategy you can have when investing, when the rest of our lives is so based on work, activity.

I like Turd's podcasts overall. They're diverse, yet informative, and I like that you do long interviews and just let people talk Turd. That's the best way to get the real info out of people. Those 10 minute interviews on KWN (while I still highly value KWN) for example is mostly someone repeating what we already know.. but let them talk 30, 60 minutes, and eventually they will get to the good part.

The fraud behind the CPI numbers

10 Jan 2013 - Peter Schiff - Inflation Propaganda Exposed

Precious metals are on sale.

Thank you.

Now You are talking real options on the table. As a security question Nr 1 for the USA, loss of which would equal to the loss of USA in a major war AND loss for global creditor class, it has never been nor will be purely monetary or economic dilemma. A  set of complex all encompassing strategies involving best minds of the planet as countries try to position themselves in best possible ways before reset 1.

My humble aim is to follow , think and try to figure out HOW.

-The Objective for the USA is clear-keep the dominant status of the USD. By all means.

-The objective for CREDITORS as well- avoid inflation by all means to avoid debt evaporation.  By all means.

These two objectives coincide in many cases, and governments are run by creditors today more than ever .

Thanks SRoche for Kissinger article. The thinking behind USD reserve currency status given power dimension to the USA has to be understood in detail too see what directions of action will be prioritized and, as I have said all along, must be also happening since 2001 the latest. The running up of debt started with Reigan, and was also a clearly strategic choice vs. inflation that threatened USD position. It was carried out with precision. They have NO PROBLEM with debt- so they must have plan for exit. The guys running the show had long ago played out scenarios of fiat getting into problems that poses threat to the USD reserve currency status and the USA global power, and how to position themselves to go into next stage of global dominance.

Silver-has broken all supports except 2008 low:

Gold similar story, but the movement up has been all the time along the middle line, even after 2008 crash:

So in a sense, from one hand, we are below supports, shall turn around, from other hand, there are no other supports to stop at than 2008 bottom based.

From yesterdays charts, the values at that line in next 10 days  is about 28,2 and 1550. In this chart, the line itself is more than 10 USD thick for gold:)