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.

Santa Week

And this time I'm talking about the real thing, not General Jim in Connecticut. Let's get the week started on the right foot by sending a little cheer to our Canadian turdites.

Guest Post - "My Personal Preps"

A couple of weeks ago, Turdite "Nathaniel" offered to send a list of his personal experiences and preparations for the day when TSHTF. I replied that I would greatly appreciate the info. Below is what he sent. I think it's a good starting point for a weekend discussion of disaster and emergency preparedness. As you comment, please keep in mind that 99% of the population is completely in the dark and unprepared. Many reading this thread are only, just now, thinking about buying a Berkey and some extra canned goods. Let's try to be helpful and sharing for if TSHTF sometime soon, we're all going to need each other more than ever.

Closing The Books

What a crazy week this was. Like you, I'm glad it's over.

Following Script

I think we should all be very encouraged by the action overnight and into this morning. In terms of the decline, the bottom and the nascent recovery, things sure seem to be following script quite nicely.


Thanks for your patience in my absence today. No, I did not have jack-booted thugs visit my home overnight to whisk me away to a re-education camp. Mama Ferg simply required my assistance this morning. That said, I believe we had a very constructive day today in the PMs and we are very close to declaring a bottom.


...that was interesting, wasn't it? A long and crazy day but I do have a few things to add.

The Only Charts That Matter

Boy, oh boy. Lots of wailing and grinding of teeth this morning. Look, I know it's hard to see paper gold at 1610 and paper silver under 30. Frankly, it sucks. Again, though, I must ask you: Which fundamentals have changed? Additionally, why on earth would you sell your metal here and convert it back to fiat? However, I know it's hard and many of you feel like Clark Griswold. (Substitute Jamie Dimon or Jon Corzine for "Frank Shirley")

The Fed Disappoints

HAHAHAHAHA! That's a good one! As if having the Fed overtly printing money would solve all the worlds ills.

Starting Tuesday

No time for a complete post this morning but there are several items to which I'd like to draw your attention.

Wrapping Monday

Ugh. Yuck. What an ugly day in paper metal. Almost makes paper metal seem worthless. Hmmm. Now there's a thought...

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