TFMR Podcast #2

Sat, Sep 24, 2011 - 11:23am

In what will become a regular, bi-weekly segment, I proudly give you podcast #2. This week's guest is Gonzalo Lira. Many of you are familiar with Gonzalo's work but, for those of you that aren't, this hour-long discussion will be a real eye-opener. This was recorded on Wednesday, before the late-week carnage and, frankly, I don't recall if we spent much time discussing "Operation Twist". No matter. The discussion is more about where we go from here and the important work that Gonzalo does at his sites, and Enjoy.

p.s. I was able to fix the feedback problem but we did experience a little audio trouble this week. I should have anticipated a little audio lag in the connection between Gonzalo in Chile and my location in Anytown, USA. Oops. Not too big of a problem but occasionally noticeable and for that I apologize. TF

About the Author

turd [at] tfmetalsreport [dot] com ()


Sep 24, 2011 - 1:16pm

Repost; Don't Fall for the Disinfo Agents!

This is a repost from the end of the last thread. This is a great buying opportunity, but some folks don't want you to think so. These are current actual prices, not the incorrect ones postes by Skyezz.

@ Skyezz; Don't know if you're intentionally misleading, or if you just don't do your research very well. I find it hard to believe that someone could be wrong wrong so many times in a row without actively trying.

skyezz wrote:
Pretty big disconnect from spot paper price...

DBS Coins $40.18

Golden Eagle Coins $42.08

Texas Precious Metals $45.88

Gainesville Coins $48.12

APMEX $48.92

Bullion Direct $50.52

Blanchard Online $53.44

Kitco $65.70

I've personally dealt with Texas Metals, Bullion Direct and Gainesville, and I found it hard to believe the prices you posted, so I checked. These are all ASE prices.

"Texas Precious Metals $45.88"

Just checked and they're $34.92, $34.05 for quantity

"Gainesville Coins $48.12"

Checked again and they're $35.18, $34.27 in quantity

"Bullion Direct $50.52"

Wrong again, they're $35.22

You do everyone a disservice by posting these figures... just look at it; you're off over $5,000.00 a box on all of them!

I'll personally sell you a box of my ASE's for 10% less than any of the prices you posted. How could you say no to a 10% discount?? Fair enough? PM me for payment instructions.

Chicken Little
Sep 24, 2011 - 1:22pm

Radio Show on Precious Metals

Great podcast Turd. Thanks.

Before Turd and ZeroHedge, for me there was Harold Seigel. I have since graduated to TFMR and ZeroHedge, but every once in a while when I need an extra head shake I go back to Harold and listen for the 40 minutes.

Harold Seigel is the reason I first got into PM’s. Harold has a weekly 40 minute radio show on several Canadian AM stations. This show has been running for about 10 years. He does preach his own book which is World Wide Precious Metals and Coloured Diamonds, but the discussion is current and factual.

The show is PM’s for newbs. The emphasis is on physical non-leveraged investing. Each show discusses the previous weeks events. Lots of facts, theories and speculation. I thought this weeks discussion of the recent plunge was good.

Perhaps Harold could do a Turd podcast.

If some Turdites would like to listen to a broadcast here is the link. I hope you enjoy. Click on "Recent Shows".

Regards, Chicken

Sep 24, 2011 - 1:30pm

Interesting account on internet trolling - PSYOPS

This site has (thankfully) been remarkably clean of said hatemongers, detractors and disinfo agents. Nevertheless, the link above is perhaps an interesting perspective on who and why might be behind said activity -- in addition, of course, to the vast, directly federally funded infrastructure laid out in the report below. The specific section most involved in this is here -- the Ministry of Truth:

It seems that (not surprisingly) private corporations may be just as active (though in the case of BofA, one can be justified in questioning whether it's a federal agency or a private entity -- and in general, the line is quite blurry anyway).

For an interesting perspective on how long and how successful this particular form of perception management has been going on, take a look at some of these interviews:

Sep 24, 2011 - 1:36pm

Greek Default Announced?

Zero Hedge are talking about a "managed default" from Greece, seems this is inevitable no matter how many times it is refuted. If this is the case then the unlimited dollar liquidity and the market smash down in PMs could foretell next weeks recapitalisation and systemic bailout?

Perhaps its just wishfull thinking that JPM are closing down their shorts in a co-ordinated move with the FED and the G20 before all hell breaks loose.... we live in interesting times for sure.

Murphy's laws come into play in this environment, the most applicable being;

If you perceive that there are four possible ways in which something can go wrong, and circumvent these, then a fifth way, unprepared for, will promptly develop

Sep 24, 2011 - 1:36pm

Love GL looking forward to hearing it

but right now it's early evening in the UK and thought I would share what we are currently listening to - because it seems prescient

Right Here, Right Now by Fatboy Slim [Official Video]

We're partying hard here (no kids!!) so hope that everyone has a fab w/end


Sep 24, 2011 - 1:37pm

http://www.economicfreefall.c Maybe in the past few days our political leaders got the cover and excuse they needed to dilute our currencies further and inject even more liquidity into the system? Some comments from the ongoing G20 meeting: "We commit to take all necessary actions to preserve the stability of banking systems and financial markets as required," the group, including the United States and China, said in a communique after a dinner meeting on Thursday. Then we have Geithner who just loves the smell of newly printed money: "'I am very confident they're going to move in the direction of expanding (their) effective financial capacity,' he said. 'They're just trying to figure out how to get there in a way that is politically attractive.'" A third voice in the same article: "'We need to see concrete action involving coordinated monetary policy easing globally and a massive increase in the firing power of the EFSF or the ECB to buy bonds in indebted European countries,' said Shane Oliver, head of investment strategy at AMP Capital in Sydney."Read full Reuters article here Money will soon come to the rescue my friends. Just be patient. In the meantime, use this downdraft as practice to prepare mentally for the real collapse. The one when bonds and currencies are no longer wanted. Then you will feel some real panic.

Sep 24, 2011 - 1:48pm

Stupidest News Report Ever re Gold

(Not sure which is the main thread right now, so re-posting this here)

The local television news played a short bit yesterday regarding the drop in Gold prices. The sad fact is that this is probably what many in the public believe.

[sarc] Yup - as we all know - Gold isn't backed by anything, but the USD is fully backed and safe! [/sarc]

Wow - a whole bunch of people are in for a rude awakening.

Video unavailable
Sep 24, 2011 - 1:48pm

Brother John "$100 Silver by Jan."

Don't know how many of you are following BrotherJohnF, but his latest call was right on the money. His 'short AGQ' position convinced me to do the same, and helped my portfolio from totally disentegrating. Only problem was, my position was way too small and I sold too soon, because I just don't like being short, it makes me nervous. (Except for my JPM shorts!)

So i just watched his latest video and in the comments section someone asked if he was still projecting $100 silver by January and he said yes! Also said he was long AGQ now.

Sep 24, 2011 - 1:50pm

And here's one for you Turd

before I get too p**sed

Praise You by Fatboy Slim [Official Video]

Love everything that you do man!


Sep 24, 2011 - 2:01pm


What does "default" even mean anymore? Greece has been in a state of default for years, so has the U.S. and most Western "nations". Every time the U.S. has raised the debt ceiling they have fundamentally defaulted, no? There is no such thing as real sovereign default when trillions of units of "liquidity" can be just punched-up on keyboards and legislated into "fiscal policy" by what seems to be now a global monetary authority of some description managed by vampires. Politics and "printing presses" are the only things holding this global financial f***fest together anymore.

I don't want to play this dumb game anymore.

@ReachWest: That little clip is representative of just how full retard the world has become. What is gold backed by!? OMFG!

THANKS for a great interview Turd!

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