Three To Get Ready

Fri, Dec 9, 2011 - 6:12pm

Three important items to review and ponder over the weekend.

First and foremost, if you haven't read this yet, I suggest you drop everything and do so right now:

A lawsuit such as this one could easily bring about the total destruction of the Comex/LBMA-based, fractional bullion banking system. Perhaps someone can reach Andy Maguire and see what he thinks. wink

Next, a little homework. Knowing what we now know about rehypothecation, please go back and read this:

Surely there's a loyal Turdite who has a savings or checking account with BoA. Perhaps someone even has a brokerage account there. If so, please review your account documents to see if you can find anything about rehypothecation of your money market funds or even your general savings. It may not matter much as the Merrill Lynch subsidiary almost certainly has rehypothecation "language" in their account documents. In any event, BoA account holders would be wise to follow very closely the continuing MF global saga.

Lastly, I need a little help. In building out the TurdMart, we added a "preparation store" as a one-stop portal to Amazon for your prepping needs. To begin with, we've added links to all the stuff I could think of.

What have we missed? What are the most important home preparations that you think you can make for the future and why? If you could pick one product that could most help you prepare for the future, what would it be? Any and all suggestions will be considered.

Thanks again for another great week. Get some rest and relaxation. If you think this week was crazy...well, you ain't seen nothing yet. TF

About the Author

turd [at] tfmetalsreport [dot] com ()


pheeseas · Dec 9, 2011 - 6:15pm


Incarcerate Corzine


by Eric Fry,

If wishes were horses, beggars would ride, according to a 16th century British proverb.

Continuing that logic, if wishes were $1.2 billion of missing client assets at MF Global, the company’s former CEO, Jon Corzine, would not be a criminal. But alas, wishes are neither horses nor missing client funds…so beggars don’t ride and CEO’s that “misplace” $1.2 billion of client funds are criminals.

Does Corzine deserve his day in court? Absolutely. Let’s give him several days in court…after which let’s give him several years in jail.

Perhaps there is a legitimate defense for Corzine’s overtly indefensible act. But we pity the poor defense attorney who has to come up with that one. In the heavily regulated, frequently audited and continuously marked-to-market world of broker-dealer operations, $1.2 billion does not simply “go missing”…and if it does, the CEO absolutely, positively knows about it, if he did not directly authorize it himself.

Read More @

Dolomite · Dec 9, 2011 - 6:16pm



Bay of Pigs · Dec 9, 2011 - 6:21pm

Here's a great product

Ultimate Meal

Stores easily for a couple of years. Mixes well with fruit, water, juice. I highly recommend it.

tpbeta · Dec 9, 2011 - 6:23pm


Amazing week, and some quality Turd commentary which has been much appreciated. I'm guessing Monday morning the markets will take Europe to the wood shed for a serious whipping. Possible sell-off of the UK to go with it, so lots to look forward to.

Be Prepared · Dec 9, 2011 - 6:36pm

Denial of Knowledge

The blood in my ears boiled out of my head when "Don" Corzine actually had the audacity to say that he had no knowledge of how the money from tens of thousands of clients and 1.5 billion in supposedly segrated money just disappeared. Does he think that we are stupid enough to believe that while his firm was collapsing, under their own bad prop desk decisions in the months leading up to their filing, he just stood around in a vacuum blythely doing nothing? He made this decision months before it was their plan "C"....but he pulled the trigger. Every Accounting System in a big corporation has layers where each decision makers, based upon their approval level, has to sign off. He may try to say that he has a "Denial of Knowledge"....but not one of his client's are buyin it. This lawsuit will go no where and "Don" Corzine will be the Treasury Secretary for OBummer's Second Term....

Stormdancer · Dec 9, 2011 - 6:42pm

Grain Mill - Country Living

I believe this to be the best, most durable, most versatile grain mill for the prepper who needs flour for family and a few friends. A mildly handy person can quickly rig up a washing machine motor to automate it. Automated, it will grind enough for many people. It grinds exceeding fine on the first pass using fully adjustable, lifetime warranted hardened steel burrs.

Under $500.00

I spent a bit more because I bought 2 full sets of replacement parts and all available accessories. The handle extension is really the only "must have" accessory for those who intend to operate the mill manually. The body is ceramic powder coated aircraft aluminum for both strength and light weight. It's still a hoss :). Sealed ball bearing construction for all moving parts.

I've got 6.8 tonnes of wheat stored in olive barrels in the shed and this thing will grind all of it without wearing out.

One of the few purchases I've made in life with no regrets.

¤ · Dec 9, 2011 - 7:09pm

Tactical Bacon!

 Tactical Bacon, 9oz Cooked

Just found this at the TFMR store. Go check the store out, you never know what's in there.

Like this Tactical Bacon for instance.

Does Eric O' or Xty know of this? 

  Feed Me

A home beer making kit or whatever they're called could be vital. Lots of bartering possibilities and possibly just necessary to numb yourself out from whatever lousy situation might necessitate needing provisions in the first place.

A beer sounds pretty good right now. Cheers!

Mr. Hyde · Dec 9, 2011 - 7:09pm

Like She Saw A Ghost

After all this weeks commentary and reading, Mr. Hyde decided it was time to clean out his small but precious savings/emergency account and convert most of it to physical. It was amazing, I went to my local bank today, sat down with a personal banker, asked her to pull up my accounts, verify what I had in savings, then I asked her if she could go get $9,000 of my savings in hundreds for me because I didn't want to be seen at the front of the line being handed all those hundreds.

She looked like she saw a ghost, after collecting herself, she said is something wrong? Did we do something wrong? I said you didn't do anything wrong darling, but honestly I simply don't trust my hard earned dollars here or any other back at this time, could you please get me my nine grand? She said we only have five grand on hand...our policy. She asked what I was going to do with it, I said I'm buying gold, you should probably consider doing the same, you can imagine the discussion that followed. Eventually she got me my five grand, I asked her to have the other four ready for me to pick up first thing Monday. Another five grand next Friday and so on.

Quite the experience, you should try it, if for no other reason, for a few laughs...except the shits that's gonna hit the fan isn't really that funny.

BTW Turd, thanks for all you do!! You are the man!!

Xeno · Dec 9, 2011 - 7:14pm

I'd round out my shopping

I'd round out my shopping cart with;

batteries, LED flashlights, twine, a KA-Bar knife, duct tape, first aid kits, iodine tablets, masks, lighters or water proof matches, socks (lots of socks), thermal underwear, boots, coats, knit hats, and a partridge in a pear tree.

Not sure if Amazon sells prescription strength whiskey pain killers or not tho.

JackPutter · Dec 9, 2011 - 7:23pm

Another thought;

OK, If governments are finding that they have had all power wrested away from them by the credit default swap card, then;

the getting those damnable things under regulation, plus this hypothecation mess needs to be unwound. We then sacrifice a blokerage (Intended) to trigger the push of the regulations into political viability. Dragging all resistance into the barn kicking and screaming.

To get the constitution back onto decent footing we pass a stupidly obvious and scary law to get the populaces ire up. Not only that we awaken the people to get the personhood of corporations quashed.

Could someone be so tricky as to do that?

Dolomite · Dec 9, 2011 - 7:25pm

A few Amazon items I've

A few Amazon items I've picked up recently:

40 Channel Cobra CB radio:

All American pressure cooker:

Coleman hand-crank radio & LED lantern:

LED headlamp because you really need both hands when milling about in the dark:

And let's not forget the SUN OVEN, also available on Amazon:

I've found it much less expensive and actually pretty therapeutic to prep your own long-term storage. USA Emergency Essentials will sell mylar bags & oxygen absorbers. All you need are five-gallon buckets and your food contents of choice. Sam's has great deals on different varieties of rice, beans & pasta. I even mylar bagged the walnuts they sell in bulk.

Great weekend to everybody, it's boozin' time at Casa Dolomite.


JackPutter · Dec 9, 2011 - 7:26pm

I've been

cashing checks at the bank regularly to keep cash in. I seem to spend cash without buying much. Anyone have a control system for the home cash to recomend?

I Run Bartertown · Dec 9, 2011 - 7:27pm


This will be bigger than Turd's Bottom.yes

"A lawsuit such as this one could easily bring about the total destruction of the Comex/LBMA-based, fractional bullion banking system."

I'd normally say a judge would block it or something, but these bastards are cannibalizing each other. And if they get too public about it, they risk waking up their clients before the next shearing. 

Funny that they're so free with the trillions of fiat, but so nitpicky about a few bars of old traditions that you can't even eat.

matrixsentry · Dec 9, 2011 - 7:34pm


Some essentials for a survival situation:

Freeze dried food

Sun Oven

Moonshine Still

JackPutter · Dec 9, 2011 - 7:45pm

I firts saw this article on;

The ATS website, who'd video on the main page is about missing stinger missles, and CIA involvment in the Syria action;

I am quoting from the keepers website now;

“A fellow veteran contacted me concerning a new and disturbing development. He had been utilizing a Mormon cannery near his home to purchase bulk food supplies. The man that manages the facility relayed to him that federal agents had visited the facility and demanded a list of individuals that had been purchasing bulk food. The manager informed the agents that the facility kept no such records and that all transactions were conducted on a cash-and-carry basis. The agents pressed for any record of personal checks, credit card transactions, etc., but the manager could provide no such record. The agents appeared to become very agitated and after several minutes of questioning finally left with no information. I contacted the manager and personally confirmed this information."

Schwartz9546 · Dec 9, 2011 - 7:49pm

My favorite essential...

TOILET PAPER...lots and lots of toilet paper!

maravich44 I Run Bartertown · Dec 9, 2011 - 7:52pm

@ I Run Bartertown. *Eating their own*.

.Agreed. It is playing out in real time *The Fuse* is burning. ..7

SuperLeggera · Dec 9, 2011 - 7:56pm

Always store the basics

The 3 basic food groups are: Coffee, Sugar & Alcohol All have excellent barter value. Buy in bulk and get spirits with high alcohol ratios. If you're snobbish about your single malt, be sure to double up on those cases. Buy yeast as well - just in case you run out of alcohol and want to make your own. As most probably know, yeast eats sugar and shits alcohol (excuse the jailhouse definition). 

pheeseas · Dec 9, 2011 - 8:00pm

Top Republicans Don’t

Top Republicans Don’t Remember Endorsing Sodomy, Bestiality In Defense Bill

December 9, 2011 by Sam Rolley

Top Republicans Don’t Remember Endorsing Sodomy, Bestiality In Defense Bill UPI Senator John McCain said that he didn't know the Defense Authorization Bill repealed the military ban of sodomy and beastiality.

Many Republicans in the Senate seemingly passed the Defense Authorization Bill 93-7 last Thursday without reading, or being fully aware of, its contents.

The bill would authorize $662 billion for military personnel, weapons systems, national security programs in the Energy Department, and the wars in Iraq and Afghanistan in the fiscal year that began Oct. 1. The bill also contains provisions that would allow for American citizens to be subject to indefinite military detention if they are suspected of terrorist activities.

Neoconservatives have defended the bill as absolutely necessary to protectg the United States from terrorists, but that fails to explain one of its provisions: The repeal of the ban of sodomy and of bestiality within the military.

Asked by if they were aware of the sodomy-friendly provision, two well-known Republican Senators who worked on the legislation were clueless.

Senator John McCain said to a CNS reporter who asked about the sodomy provision, “I don’t, I don’t know what you’re—honestly. I read the bill. And I was there for many hours of deliberation and debate and amendments. And probably spent hundreds of, several hundred hours on it. But that particular provision I did not know. So we’ll have, we’ll get back to you. We’ll get back to you. Just call.”

Senator Lindsey Graham, member of the Senate Armed Services Committee, also had no recollection of endorsing sodomy or bestiality in the military when he voted for the bill and said that it was likely related to the repeal of “Don’t Ask Don’t Tell.”

Stormdancer · Dec 9, 2011 - 8:04pm


I'll second your recommendation of that All-American canner. I recently bought the 921 21 1/2 quart model. I really liked the fact it has no seals that need replacing. It relies on a precision machined, beveled aluminum seal, which is just one less thing to have to worry about replacing during times when getting parts might be difficult.

After inspecting the lock-down screws, I pretty much determined that I could replace/rebuild those myself as long as I had a tap and die to thread bar stock with. Repairs should be possible for anything that might go wrong with these even if manufacturer's replacement parts are unavailable.

The drawback to the larger unit is that your wife will probably make you be the one to move it around :). It's heavy :) It's also well worth it if you plan on canning in quart size jars or larger. Serves equally well as a boiling bath canner so it works for simple stuff like fruit and tomato products as well as the more difficult vegetables and especially meats that require pressurized canning to achieve the temperatures needed. I can my own bacon :)...just put up 12 pints of chicken three days ago.

Element 47 · Dec 9, 2011 - 8:12pm

my 2c

Guys, consider this. You seem to be preparing for a long siege, with tactical bacon and such. That is the second worst choice you can make after not preparing at all. The best choice is acquisition of two items not on your list: a passport and a plane ticket. That is all you need to solve the problem. Don't think I'm telling you what to do, I just care a bit and I lived through such time. The passport and a plane ticket -- used timely -- saved lives and fortunes. Think those who left Germany in the 30's before it was too late. They went to Argentina or some place like that and missed on all the 40's events in Europe. One key decision, made timely and wisely, saved their lives, fortunes, and an unimaginable lot of grief. So have a look at Sovereign Man or any other place you can get such basic info and think hard whether you really want to spend 10+ years in a zombie land eating that tactical tinfood while others want to rip it out off your cold dead hands. It is not a joke, things like that can happen overnight and there is no replay. Prepare wisely.

NW VIEW · Dec 9, 2011 - 8:16pm


We are heading for a time that few of us in America have ever seen. World War Two had many survivors who learned the difficult road of survival. If we were running to a space ship to blast off or even a wagon train to cross the plains, we need leadership with vision and direction. The internet and the tube will not be working. Some places will have radios but there are remote areas even today where there are few services.

All of these items that we store are really great but someone must supply direction and courage to those that you gather with. That day will come when we must step up to the plate and be a rock to the family. Give me two old grandmas who know how to cut up a fresh chicken and can fill a can house. Give me those with a voorrtrekker pioneer spirit to teach.

One of the most calming things to have during a crises is someone who really sees. Are we prepared? jmo

WineGuy · Dec 9, 2011 - 8:31pm

It's On Like Donkey Kong ...

Just finished reading the ZH article on HSBC suing MF Global. It's on like Donkey Kong. It's about freaking time

Slick · Dec 9, 2011 - 8:36pm


My favorite essential...TOILET PAPER

You're gonna need the food first in order to make any good use out of the TP.

BTW, if it ever gets 'All out Mad Max` barbaric scavengers will smell your food cooking on the open fire in the back-yard...and well, you can figure the rest.

Sterling · Dec 9, 2011 - 8:37pm

Survival Bracelets

Para-cord Survival Bracelets


They're quite handy (pun intended) and they're not expensive either

pforth · Dec 9, 2011 - 8:51pm

Bye bye GLD...

Used to have a lot of GLD and SLV but over the last two years I've swapped most of it for CEF and Sprott's PHYS and PSLV. I had a small amount of GLD left in an account I don't use very much. I had bought it 3 years ago and just let it sit. Today, perhaps prompted by the HSBC lawsuit, I finally got around to swapping it out for Sprott's PHYS.

Feels good. No more GLD.

rckymtn · Dec 9, 2011 - 8:56pm

Any info out there about this

Any info out there about this account thing? I have accounts with Schwab, Ed Jones, and Wells Fargo. None are margin or short accounts. Just your standard, checking, savings, IRA/401k, m.funds etc.etc.


Smiddywesson · Dec 9, 2011 - 9:05pm

Most of these end of an era

Most of these end of an era events end with war. Everybody thinks that means strategic nukes, but that was old technology. Almost 94% of the world's population lives on 4% of the Earth's surface. These people live nowhere near their food supply. One EMP could sever the ability to bring food to them, and then they would kill each other. So why bother bombing cities? They have made themselves vulnerable to a gentle shove.

Without any doubt, in the event of a complete collapse, the most kick ass invention today is the steam driven generator, something that is a throwback to the 19th century. There's a company out there that makes one for $13k, trailer included. That's a lot of money, but it puts you in the position of being the only one who can recharge anything after the fuel runs out. With water and some wood, you are the only one who can protect the insulin supplies, the drugs, and of course, chill the beer.


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Key Economic Events week of 12/10

12/11 8:30 ET Producer Price Index
12/12 8:30 ET Consumer Price Index
12/13 8:30 ET Import Price Index
12/14 8:30 ET Retail Sales
12/14 9:15 ET Industrial Prod. and Cap. Utilization
12/14 10:00 ET Business Inventories

Key Economic Events week of 11/26

11/27 9:00 ET Case-Schiller home prices
11/27 10:00 ET Consumer Confidence
11/28 8:30 ET Q3 GDP 2nd guess
11/28 10:00 ET New home sales
11/29 8:30 ET Personal Income and Spending
11/29 10:00 ET Pending home sales
11/29 2:00 ET November FOMC minutes

Key Economic Events week of 11/19

11/20 8:30 ET Housing Starts
11/21 8:30 ET Durable Goods
11/21 10:00 ET UMich Sentiment
11/21 10:00 ET LEIII
11/21 10:00 ET Existing Home Sales