Constitutional Deception

Thu, Jun 28, 2012 - 11:50am

Article 1. Section 7. Congress shall make any law it pleases, regardless of whether the citizens were lied to, deceived or otherwise misled into supporting its passage.

George and Obama debate health care taxes

The metals are, of course, up against it this morning. If you haven't yet read this ( or this (, please do so immediately. It is looking increasingly likely that the triple bottom in silver will soon fail. IF stops below 26.25 are tripped (maybe on The Globex this afternoon), silver may rapidly descend toward 25 and then continue, over the next couple of weeks, down toward 22 in a final washout move. Please be prepared for this and do not panic if it happens.

Gold is still in its 1530-1630 range but it is, of course, subject to a breakdown, too. Be vigilant.

Hang in there and don't be surprised by anything.


About the Author

turd [at] tfmetalsreport [dot] com ()


Dyna mo hum Bsong
Jun 28, 2012 - 2:05pm

The power to tax behavior gun control gun culture behavior

All our medical records are being gathered and sent to Washington pursuant obamma care rules. If you have ever been treated for any mental illness minor or not, depression or whatever your name will be flagged for investigation to determine your competency. Returning Vets are being flagged and many are being denied their right to own firearms. Don't doubt me on this. The bastards will stop at nothing to destroy the second amendment. More on this later.

Jun 28, 2012 - 2:10pm

@turd support lines

When you talk about busting support lines - what lines do we need to be on the lookout for?

Talking a $26 breach or $1550 breach ... if those get breached how far down is it for next stout support?

Number 47
Jun 28, 2012 - 2:11pm

Ulsterbank update.

Nothing has changed, it is becoming clear that this is not over by a long shot. Noticed that there is suddenly a desperate need for temporary high volume data entry banking workers.

These jobs start on Monday after an assessment tomorrow. Pretty desperate recruitment, wouldn't you say? I'm guessing my account will start seeing transactions appear on Monday and Tuesday when all these people get to work manually inputing hundreds of thousands of customer transactions.

Official company line is that this will be over by Monday and that the software 'glitch' was fixed last week. Call me a cynic........

Basil HomerJ
Jun 28, 2012 - 2:13pm


It's always darkest before the dawn my friend. The moment of maximum pessimism is the time to BUY , not sell.

Sure , Gold and Silver can decline further from here, but anyone interested in the medium to longer term (ie. all stackers) should be buying ,or possibly waiting, but certainly not selling.

Jun 28, 2012 - 2:14pm

Apmex Silver

Just noticed that the Generic Silver .90% will not be available until July 6th or sooner. Seems like the special on silver is causing some to purchase. Bix Weir said to trade at this level some of your gold for silver. almost 59 to 1 ratio. Sounds like a good thing to decide for yourself. DYODD.................

ClinkinKY LifeIsPain
Jun 28, 2012 - 2:14pm


So Valerie Plame's "outing" over a biased and disingenuous article by her husband (and there's an argument to be made that she "outed" herself) is more egregious than this?


White House outs and endangers life of British agent who stopped Al Qaeda attack

Investor's Business Daily reports on how the Obama White House endangered the life of a heroic British undercover agent who prevented bombing attacks against America, by leaking his identity. The White House falsely took credit for his work, by pretending he worked for the CIA rather than British intelligence:

Here’s a disturbing update to last week’s amazing story about the U.S. mole who infiltrated al Qaeda in the Arabian Peninsula and thwarted an airliner attack with a more sophisticated underwear bomb.

Someone in Washington whose boss stood to gain from an election year story about alert intelligence operatives successfully protecting American voters at great personal risk leaked the heroic story to the Associated Press...

But, it turns out, the mole was not a CIA operative. The Obama administration had nothing to do with the operation and, in fact, didn’t even know about it until recently. Somehow such details got lost in all the excited espionage news coverage about the bomb that didn’t go off.

Read more:



Obamacare: Over the Top Hysterics

Submitted by LifeIsPain on June 28, 2012 - 1:43pm.

Obamacare does not signal the end of our Freedom and some some major Consitutional crisis. Take a breath and stop the hysterics. You know what was worse? Cheney and Bush starting an unnecessary war in Iraq and Cheney's treasonous act of uncovering Valerie Plame's identity (to name just two horrific acts). I doubt Obama intended his health care plan as a tax--just because one Supreme Court Justice labeled it as such (much to the surprise of everyone) does not make Obama a liar.

Jun 28, 2012 - 2:15pm

US Health care

I comment as a Canadian - seems to me that in the USA all the health care middlemen with all their respective, inefficient bureaucracies are draining all the dollars. They've apparently got the press going for them as the folks in the US aren't allowed to hear about how well the other systems are working. The USA seems more and more a dream (or should I say nightmare) world to us up here. For any trip to the States we have to take out scads of extra health insurance. Up here, when I feel bad I go to the Dr. - no hassles, no waits, no having to check the bank account, I pay about $50 per month for complete health insurance - not a factor really.

Of course, in the US, 30% of the absolute top paid CEOs in the country are in the health care provider business - well, you have to pay the billions for all those management guys in all those various private bureaucracies. Here we just pay a few civil servants to administer the whole thing - a lot cheaper.

John Galt Number 47
Jun 28, 2012 - 2:16pm

@ Number47

You are a cynic.


Jun 28, 2012 - 2:17pm

Keep you eye on the ball

Keep you eye on the ball guys. Precious metals.

Jun 28, 2012 - 2:17pm

Can anyone tell me

what's up with the miners?

I bought NUGT earlier this year as it was supposed to be a leveraged play on the miners which are, in turn, supposed to be a leveraged play on the gold price. Noticing some months back that over 5 years gold had risen almost 150% while the miners - well, today they're up only 12% over the same time. I thought "great, undervalued - catchup opportunity".

Instead, they underperform and go dowwwn and dowwwn.....

Now seeing other half of life savings go down tube, after first half practically disappeared as I bought leveraged silver at $42 (lots of commentators said silver $50 by end of 2011, though I'm not blaming them).

I'm not a troll - I kept adding what little I make nowadays to my silver & gold investments. But my faith is being sorely tested. Please advise...

PS: This is my first post after lurking for a while, and what a crap day for a first post! My timing is always hopeless!

PPS: Sorry I'm not a phyzz stacker like most here. I'm just trying to make a little money for retirement.

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