The end of the Great Keynesian Experiment is upon us. Turd Ferguson and his band of loyal Turdites patrol this Watchtower. We are here to help each other navigate the coming economic chaos. However, no one can predict every eventuality, so please read the disclaimer and community guidelines before proceeding.

Turd's Vault

TFMR Podcast - Wednesday, August 23

By Turd Ferguson | Wednesday, August 23, 2017 at 5:31 pm

The day turned out surprisingly well and now we sit on the cusp of another important 48 hours. Will Mother turn around and pull the rug out from under us on Friday and set us up for another disappointing end of the week? I guess we'll know soon enough.
Turd's Vault

Another Day, Another Lousy Datapoint

By Turd Ferguson | Wednesday, August 23, 2017 at 10:57 am

As Mother's annual Jackson Holedown begins tomorrow, one last economic datapoint was released today and it was a doozy. New home sales in the US collapsed by 9.4% month-over-month in a downturn that could be interpreted as the first sign of the next housing crisis.

Comparing The Colds Wars

By Turd Ferguson | Wednesday, August 23, 2017 at 9:52 am

Along with John Batchelor, a grim and somber Professor Cohen discussed last evening the latest twists and turns in The New Cold War which, according to John, has finally reached the point where we "blame Russia, at least in part, for everything that is disrupting to our (the American) version of peace and sanctimony".
Turd's Vault

TFMR Podcast - Tuesday, August 22

By Turd Ferguson | Tuesday, August 22, 2017 at 5:51 pm

As we approach the midpoint of the week, prices for CDG and CDS are largely unchanged. However, with Mother's Jackson Holedown beginning on Thursday, we should all be prepared for some significant volatility later in the week.
Turd's Vault

Another Attempted Revival of GAN2017

By Turd Ferguson | Tuesday, August 22, 2017 at 11:01 am

"Gold" and "silver" are down today as the POSX surges due to some comments earlier from Trump that his administration is making "significant strides" on tax reform. RRRiiiggghhhttt...I'm sure they are.
Turd's Vault

TFMR Podcast - Monday, August 21

By Turd Ferguson | Monday, August 21, 2017 at 5:39 pm

It was another hard day to watch as obvious intervention in USDJPY kept a lid on digital precious metal prices. However, it's going to be a volatile week with the Jackson Holedown pending for Thursday and Friday so today we take stock and attempt to discern what may be coming next.
Turd's Vault

Starting A New Week

By Turd Ferguson | Monday, August 21, 2017 at 10:24 am

After the disaster of Friday with the smash of the precious metals, coordinated to ensure that there would not be a technical breakout in either one, we begin a new week focused upon geo-politics and the Fed's annual meeting in Jackson Hole.

Getting Acquainted with AfroZoom Energy

By Turd Ferguson | Saturday, August 19, 2017 at 8:31 am

Two longtime TFMR members are working to create a new company, cryptocurrency and crypto-metal exchange. Since their goal is to supplant The Banks and their evil paper derivative pricing scheme, I though the least we could do is give them a platform for introducing their ideas.
Turd's Vault

A Fun Friday?

By Turd Ferguson | Friday, August 18, 2017 at 8:17 am

The last day of the week begins with prices have fully recovered their losses of earlier in the week and Comex Digital Gold is fast approaching new 2017 highs! Now, can these gains hold and extend into the Friday close? If so, this post is designed to give you some charts and levels to watch as we move through the day.
Turd's Vault

TFMR Podcast - Thursday, August 17

By Turd Ferguson | Thursday, August 17, 2017 at 3:42 pm

A day of HARD Cartel price capping leaves both Comex metals nearly unchanged, despite political and geo-political turmoil and a sharply falling USDJPY. Will this criminally fraudulent action continue into Friday or will prices finish the week on an uptick?
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