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.


Though the market for paper silver continues to be manipulated and schemed to the advantage of JPM and the other bullion banks, the market for physical silver continues to rapidly increase with each subsequent price decline. The message that the physical market is giving to The Cartel is clear: You may still win the occasional battle but, in the end, you are going to lose the war.

Three Things To Consider

As we all ponder the pretty little FUBMs on the charts to the right, I thought I'd touch upon a few basic, fundamental questions this morning.

More Downside Ahead?

Wow, this is really getting ugly. Metals down. Miners down. Yuck. Can it get worse? You bet it can. How much? I guess that depends upon whether or not this is "IT".


I love this month and I hate this month. Before we begin:

"October and the trees are stripped bare
Of all they wear. What do I care?
October and Kingdoms rise and Kingdoms fall
But you go on...and on..."

Oink Oink

No, I'm not talking about this stuff:


Revisiting Max Q

Well, this is certainly shaping up to be an interesting week. The banks are still intent upon pressing the metals lower but he fundamentals, particularly the latest CoT report, remain decidedly bullish. Technically, as we head through the week, the trendline off the lows will begin to encounter the area of Max Q. Yes, it's going to be a very interesting week, indeed.

Forging Ahead

It is my sincere hope that we all learned something from the last blog post. You may have asked yourself, "why did Turd allow such a controversial topic to be the main thread for over 48 hours?". I'll tell you why. It was for a few, very simple reasons.

Of Revolution and Revolutionaries

Thanks, everyone, for the "day off" yesterday. I needed to step away and clear my head. A little fresh air always helps the cause. It's Friday. I'm back. And there are a few things we need to discuss.

TFMR Podcast #3

As you know, my plan is to release podcasts on a bi-weekly basis. The next scheduled interview will be posted on Saturday, the 8th. However, this afternoon I had the opportunity to visit with Bill Murphy, the chairman of the Gold Anti-Trust Action Committee, commonly referred to by the acronym GATA. Obviously, it would be silly to make you wait until next Saturday to hear it.

Crime Scene Evidence

Loyal Turdite, tabberto, passed along this information earlier. He posted it in the comments of the previous blog post but I believe it is deserving of its own "sticky" post.

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