Constitutional Deception

473
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 (https://www.tfmetalsreport.com/blog/3940/lookout) or this ( https://www.tfmetalsreport.com/blog/3963/lookout-part-ii), 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.

TF

About the Author

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

  473 Comments

cpnscarlet
Jun 28, 2012 - 2:39pm

SW Questtion

Anyone else having problems lately with Youtube (at the site or imbedded) vids and IE8/XP-SP3? I've reloaded drivers and updated everything - no luck.

cpnscarlet
Jun 28, 2012 - 2:39pm

SW Questtion

Anyone else having problems lately with Youtube (at the site or imbedded) vids and IE8/XP-SP3? I've reloaded drivers and updated everything - no luck.

ivars
Jun 28, 2012 - 2:42pm

GOLD prediction reality comparison chart and extension to Sep1

Latest-as of today. Actual prices seem to have strayed to far from prediction chart. Time to come back (they were behaving better earlier)-but there has been month long significant deviations:

Silver chart will be updated about a week later!

Jimymac TF
Jun 28, 2012 - 2:42pm

Was the Tax concept presented in the Factum

The arguments before SCOTUS had to be presented in a Factum, and if the tax concept was part of the factum, then it must be accepted and considered by the Supremes.

Was it in the Factum?

Certainly it wasn't represented to the American people that way.

Number 47
Jun 28, 2012 - 2:43pm

@rl999

There are 2 forum threads hitting 170 pages between them, plenty first hand info. I'm just keeping a condensed commentary on here for anyone who is interested.

@John Galt.

It's not so much that this will drag on until late next week that gets me so angry, (although it helps) It is being lied to by the corporate entity that I have to trust my money to. Why aren't they on the news explaining they are having to hire staff? (It can't be anyone else) Why are they telling us Monday when they know this to be false?

Lying to customers, excellent business practice.

Chase
Jun 28, 2012 - 2:45pm

Never were....

Those of you who so quickly lose faith in your precious metals investment weren't even worthy of holding in the first place! What a bunch of f*ck!ng typical @$$hole "i want everything now" average people. What, lemme guess, you were born after 2008? Or, lemme guess, you don't know how to look at a 5 year chart on kitco to make any observations on your own? Oh, and if you have no idea what is goin on, maybe we can start you cherries off with the "Money As Debt" series on youtube. Please, if you want to sell your stash at spot, 26 or lower, I will happily buy it and leverage the $hit out of it at a future date.

PM me.

Dagney Taggart LOUP-GAROU
Jun 28, 2012 - 2:47pm

@LOUP

I'm not sure where to begin regarding your comment.

No, they are not Americans. Just because one is born here does not make them an American. Is a person a Marine just because they enlist? No. Ask any Marine.

One must be productive and contribute to a productive United States to be an American in the world of "We, the living".

2 ozs. of free advice: Calling him "foolbama" will change nothing and is simply a means of making your ego feel better. This sounds exactly like the idiot redneck in the LCS last week. See below:

https://www.tfmetalsreport.com/comment/105934#comment-105934

I'll let you decide what you want to do about it. I don't need to care.

Dr G
Jun 28, 2012 - 2:49pm

Absolutely no clue why Ivars

Absolutely no clue why Ivars got any hat tips for his posted chart. He stated himself that the prices have strayed from his predictions. Why would updating them make any difference?

The methodology is broken due to a corrupted system. A chart predicting price years away (or even predicting a TREND years away) is absurd. And as always, I'm continually offended by his stating that there is currently no consumer inflation in the US.

Dr G
Jun 28, 2012 - 2:51pm

I agree with Homer in the

I agree with Homer in the sense that IF YOU ARE LOOKING TO MAKE MONEY OFF GOLD AND SILVER then you had better find a new hobby. Try flipping real estate.

IF YOU ARE HOLDING as a HEDGE against FUTURE problems and want to PROTECT your FAMILY then gold and silver are just the place to be.

Let it be known.

exiledbear
Jun 28, 2012 - 2:51pm

People only bother to troll when their confidence is at a peak

I've seen it before. I've seen almost everything in this gold bull. Patience, that which is unsustainable, will go away.

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

Key Economic Events Week of 8/5

8/5 9:45 ET Markit services PMI
8/5 10:00 ET ISM services PMI
8/6 10:00 ET Job Openings
8/8 10:00 ET Wholesale Inventories
8/9 8:30 ET Producer Price Index

Key Economic Events Week of 7/29

7/30 8:30 ET Personal Inc/Spending & Core Inflation
7/30 10:00 ET Consumer Confidence
7/31 8:15 ET ADP employment
7/31 2:00 pm ET FOMC Fedlines
7/31 2:30 pm ET CGP presser
8/1 9:45 ET Markit Manu PMI
8/1 10:00 ET ISM Manu PMI
8/2 8:30 ET BLSBS
8/2 10:00 ET Factory Orders

Key Economic Events Week of 7/22

7/23 10:00 ET Existing home sales
7/23 10:00 ET Richmond Fed Manu Idx
7/24 9:45 ET flash Markit PMIs
7/25 8:00 ET Count Draghi/ECB policy meeting
7/25 8:30 ET Durable Goods
7/25 8:30 ET Wholesale Inventories
7/26 8:30 ET Q2 GDP first guess

Key Economic Events Week of 7/15

7/15 8:30 ET Empire State Fed Index
7/16 8:30 ET Retail Sales and Import Price Index
7/16 9:15 ET Cap Ute and Ind Prod
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts and Building Permits
7/18 8:30 ET Philly Fed
7/19 10:00 ET Consumer Sentiment

Key Economic Events Week of 7/8

7/9 8:45 ET Fed Stress Conference, three Goon speeches
7/10 8:30 ET CGP Hump-Hawk prepared remarks
7/10 10:00 ET CGP Hump-Hawk House
7/10 10:00 ET Wholesale Inventories
7/10 2:00 ET June FOMC minutes
7/11 8:30 ET CPI
7/11 10:00 ET CGP Hump-Hawk Senate
7/11 12:30 ET Goon Williams
7/12 8:30 ET PPI

Key Economic Events Week of 7/1

7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 10:00 ET Construction Spending
7/2 6:35 ET Goon Williams
7/3 8:15 ET ADP June employment
7/3 8:30 ET Trade Deficit
7/3 9:45 ET Markit Services PMI
7/3 10:00 ET ISM Services PMI
7/3 10:00 ET Factory Orders
7/4 US Market Holiday
7/5 8:30 ET BLSBS

Key Economic Events Week of 6/24

6/25 10:00 ET New Home Sales
6/25 1:00 pm ET Chief Goon Powell
6/25 5:30 pm ET Goon Bullard
6/26 8:30 ET Durable Goods
6/27 8:30 ET Q1 GDP final guess
6/28 8:30 ET Personal Income and Consumer Spending
6/28 8:30 ET Core Inflation
6/28 9:45 ET Chicago PMI

Key Economic Events Week of 6/17

6/18 8:30 ET Housing Starts and Building Permits
6/19 2:00 ET FOMC Fedlines
6/19 2:30 ET CGP presser
6/20 8:30 ET Philly Fed
6/21 9:45 ET Markit flash June PMIs

Forum Discussion

randomness