Finding Common Ground

207
Mon, Dec 5, 2011 - 10:56pm

I set out tonight to write another in the long line of posts regarding the Fed, The EE, S&P, WOPR and MFing Global. I got about 15 minutes into it and I erased the whole, frickin thing.

Tonight, I'm just not in the mood. Yes, it's all bullshit. S&P mentions that they are ready to downgrade virtually every credit on The Continent and the PMs tank. This is, of course, just another bullish development for the PMs but that doesn't matter. What matters is that the euro declined, so the dollar rallied and WOPR sold the PMs. Whatever. BTFD.

There, that was easy. Instead of wasting your time with a lengthy essay full of charts, I was able to spell it all out in just 55 words. Now we can move on.

A few weeks ago, I found a new blog via the "blog roll" on the left-hand side of the ZH homepage. It's written by a guy by the name of Jim Quinn. I have no idea who he is or whether we have anything in common. I do know, however, that I like his site. Visiting there this evening, I read his latest post. It's linked below.

https://www.theburningplatform.com/?p=25234

As you know, I've not been an active supporter of the #occupiers. Frankly, I don't trust them. At this time, I'm not sure I can trust their intentions or their leaders. However, it is quite clear that this first wave of protesters do make some legitimate points and Mr. Quinn has summarized them well. Not knowing Mr. Quinn, it's certainly possible that we have very little in common "politically" but we do agree on one very important point. Namely, that the destruction of the wealth and the freedom of middle-income citizens worldwide is almost complete and, at the end, the world will either turn toward freedom and the rule of law or it will regress deeper into fascism and tyranny.

You've likely noticed that I'm an ardent believer in finding common ground. If we are to emerge from the darkness with freedoms intact, it will only be through cooperation and understanding. Polarity and vilification are the tools of tyrants. We must work together if we are to recover liberty. A good starting point would be a positive and constructive thread of comments to this post. TF

About the Author

Founder
turd [at] tfmetalsreport [dot] com ()

  207 Comments

Georgie Georgie
Dec 6, 2011 - 12:23am
lakemike49
Dec 6, 2011 - 12:24am

wow TURD WOW

GOOD POST. best i can say right now. I listen, because, I belive in what I am listening to

lakemike

Brotha Bob
Dec 6, 2011 - 12:25am

If we can't agree

If we can't agree on out basic liberties,"that w should these truths to be self eviden." we have no hope. The entire American Experiment was to show the individual was greater then the government, not vice versa. Anything that promotes government over the rights of the individual will lead to tyranny. The founding fathers knew the wickedness in the hearts of man, and governments. They tried to protect us for those things. We failed to heed thier warnings. We let it slip away.

donnojackshit Juan Moment
Dec 6, 2011 - 12:28am

Juan Moment

I would take that bet if your argument wasn't so well thought and plausable and I didn't agree with you.

Adventures
Dec 6, 2011 - 12:32am

.8 trillion & 7.7 trillion and perhaps another trillion more?

You can see why folks can be a bit peeved almost 20 trillion in cash has gone towards propping up banks and investment houses world wide. Heck the helicopter drop of dollars would have been less inflationary. Folks just don't know about the 7+trillions in made up derivatives that brokers made bets on. Of course every one hedged the bet. Damn poker is easier than figuring out this financial tangle.

Astro_Phyz
Dec 6, 2011 - 12:36am

First Post - Thank You Turd Ferguson and Turdites

So this will actually be my first blog post ever. Never been a blogger, but around the time of the Japanese earthquake and tsunami I found myself at Zero Hedge for the first time seeking truths outside the mainstream media BS. I found my way to TFMR shortly after becoming a ZH daily lurker, and now I must end my lurking ways and announce myself to this amazing community.

I am an engineer by B.S. and astrophysicist by M.S. and I work at NASA Johnson Space Center. I thank the universe/God every day for blessing me with a career that I can enjoy and the benefits of having a steady paycheck, good healthcare, and a 401k that is matched. Everyone should be so lucky if they choose to take part in the rat-race.

As a fresh hire out of college, thinking I was living the American dream, I was able to purchase a home in the summer of 2008 right before the bubble burst. The silver lining was that although my timing was terrible in terms of the US housing market, my family lost their bayside home in Galveston during Hurricane Ike and was able to live with me until getting an apartment while they rebuilt. I let the 2008 financial crisis take a significant chunk out of my meager 401k even though I was as well diversified as I could be with my Vanguard options available.

My time of enlightenment in terms of PMs has commenced at a quick-pace since the Japanese Tsunami. I swapped every dollar I had in my 401k and changed all future contributions to the Vanguard Treasury Inflation Protected Securities fund. I saw too many variables and too much downside risk to the "slow growth" US economy due to the Tsunami and Arab Spring events as well. Geo-political events continued to get worse, and I am still glad to be 100% in the Vanguard TIPS fund which has returned almost 14% YTD, should continue to beat inflation, and is one of the only funds available with a positive return this year. At this point I am not willing to abandon ship or cash out on my 401k, but in TSHTF scenario, I hope I see it coming soon enough to do so.

Now I find myself thanking you, Mr. Ferguson, for showing me another way to be more resilient and more in charge of my financial future. Thanks to all you Turdites as well, I have learned so much from this site and the viewpoints of people who actually comprehend the current situation and brainstorm about the possible outcomes. We live in interesting times, and I am so happy to have found this resource. I am late to board the train, but now my stack is slowly growing, and I enjoy swapping fiat for PMs. I will BTFD on physical gold and silver at ride out whatever storms may come, confident that I hold something that cannot be devalued, cannot be subject to counter-party risk in a global financial meltdown, and something that can store wealth and gain value to provide for my wife and I if we ever needed to use our PM nestegg for tangibles.

Again, Mr. Furguson, Thank You! I know you have been more fed up than usual with the BS markets lately, but remember, we are all here for you and your wisdom helps to empower us! We will follow you 'til the end, we have found our leader. I bought the BTFD T-shirt and will wear it with pride, knowing that you are doing your best to prepare us for the end of the Keynesian experiment. In the end, I don't believe the sheeple will be saved, but it wasn't because no one saw it coming. People like you saw it coming and put the truth out there.

Astro_Phyz

P.S. Already have guns, lead, water, food, 4x4, and some rural land perfect for guerilla gardening and deer hunting scoped out near our home. Chris Martensen's Crash Course gave me a good perspective on what things would be invaluable in the worst of times. I grew up in Calaveras County in the heart of gold-rush country, and panned for gold all through elementary school. Even had sluice boxes in my streams as a kid, now I think back and realize just how special that fascination with gold was as a kid. I have found that fascination again :)

Silverman
Dec 6, 2011 - 12:40am

Gold's 4th Wave Consolidation

Gold's 4th Wave Consolidation Nears Completion and Breakout

By David Banister
Dec 5 2011 10:15AM

www.markettrendforecast.com

[...]

Targets for the 5th and final wave of this suspected 13 year cycle of Gold begin at $2360 and then we will update from there. Below is the chart I sent to my paying subscribers last Thursday and we can see that this pattern is still playing out. Aggressive investors would be wise to get long the metal on this final pullback, with a stop below 1680 to be conservative.

If you would like to have forecasts for price and pivot points in advance on the SP 500, Gold, and Silver that keep you on the right side of the markets, check us out atwww.marketrendforecast.com

David Banister
Chief Investment Strategist
ActiveTradingPartners.com
TheMarketTrendForecast.com

Full article here.

[Mod. note: Strike two]

lakemike49 I_ate_the_crow
Dec 6, 2011 - 12:40am

provide your own----------

sometimes i forget the stuff that means things to me, good video.

lakemike

RedRover
Dec 6, 2011 - 12:46am

(No subject)

Silver Update 12/05/11 - Clarifications

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