Greetings From FreedomFest

457
Fri, Jul 13, 2012 - 12:57pm

As part of my "vacation", I've spent the last two days at "FreedomFest" in Vegas. It has been terrific.

FreedomFest is a 3-day conference revolving around libertarianism and Austrian economics. Yep...right up my alley. And it was in Vegas! Also, right up my alley.

In the past two days, I've met with Ranting Andy and Mike Krieger. I've been interviewed by Kerry Lutz of the Financial Survival Network and I've made the acquaintance of Rick Rule of Sprott and Pat Heller of Liberty Coin Service. All of this was very cool.

However, the main thrill was yesterday. I attended a small luncheon where Steve Forbes introduced The Judge. Judge Napolitano went on to speak to the group for about 30 minutes and then field questions. I got my picture taken with him and he also gave me his business card. I hope to finally schedule that podcast that I've been dreaming about! Again, very cool. The Judge then gave a 45 minute speech to the entire convention. He's just awesome. Great stuff.

Great stuff in the metals today, too. The Big Bad Wolves huffed and puffed again yesterday but once again failed to bring the house down. Santa was right in two fronts: One, they attacked and two, they failed. By no means are we out of the woods yet but nothing too scary, either. Gold remains firmly within it's 10-week basing and bottoming range of 1535-1635. Silver, too, is still in its 27-29 range. The good part of these ranges is this: Once we break out and UP...and we will...it will be clear to absolutely everyone with half a brain that the metals have bottomed. The shorts will either get frightened or squeezed and prices will move up rather quickly. Just be ready.

Two interesting news items I found while surfing with my phone this morning. First, this link to ZH. You should check it out. https://www.zerohedge.com/news/cme-gold-collateral-and-its-unsurprising-london-based-custodian

And then, while at ZH, I saw that Swiss 2-year note is now yielding negative .43%. NEGATIVE POINT FOUR THREE PERCENT! The Germans are also getting in the act as their 2-year is now -0.05%. This is truly incredible. On a hypothetical new issue, for a 1,000,000 franc, Swiss 2-year note, you would have to pay the Swiss government about 10,000 francs for the privilege. Are you freaking kidding me? You've heard me mention ad nauseam how negative, real rates are extraordinarily bullish for gold. How about just plain, old negative rates?? Holy Toledo! https://www.zerohedge.com/news/swiss-2y-rates-plunge-43bps-all-trust-lost

Lastly, as we continue on our trip down Memory Lane, perhaps today would be a good day to review this idea of negative real interest rates. I wrote this piece back on 2/1/12 and today is as good a time as any to go back and review it. https://www.tfmetalsreport.com/blog/3325/case-you-missed-it

OK, that's all. I have to head to the airport soon so I better wrap this up. Please check back later today though as I plan to update this thread with thoughts on the CoT, once it's out. I probably won't be able to do it until this evening, however. It should be an interesting report. For the reporting week, gold was down $42 while total OI rose by 2000 or so. Silver was down $1.40 and saw its total OI climb by 1400.

Have a great weekend!

TF

About the Author

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

  457 Comments

maravich44 George Clooney
Jul 14, 2012 - 8:46pm

.@ XTY.

Grateful Dead - Shakedown Street
rl999
Jul 14, 2012 - 8:52pm
ClinkinKY
Jul 14, 2012 - 8:59pm
rl999
Jul 14, 2012 - 9:02pm

Jul 14, 2012 - 9:18pm

Hey thanks RL

I will check those out and see what else I can find- will report back if I find anything interesting. Gracias!

EDIT: From RL's second link, above:

"COMEX Swap Dealers Net Long Gold for Third Time Ever

HOUSTON -- For only the third time in the six years of Commodity Futures Trading Commission (CFTC) disaggregated trader data, commercial futures traders the CFTC classes as Swap Dealers reported a net long position in gold futures on the COMEX bourse in New York.



Source: CFTC for COT data, Cash Market for gold. Chart covers the entire disaggregated COT dataset for Swap Dealer gold futures net positions excluding spreading contracts. A 2-year chart is shown below. Swap Dealers are commercial derivatives traders who primarily trade in the form of swaps in other markets and then hedge those sophisticated positions using futures contracts. As of Tuesday, July 10... Swap Dealer commercial traders reported holding 54,038 gold contracts long and 53,239 short."

Then, from Harvey Organ's most recent: "The total OI complex rests this weekend at 433,320 contracts from Thursday's level of 434,057."

So to conclude, these Swap Dealers represent slighly less than 1/4th of all the open interest on the Comex. Nothing to sneeze at.

waxybilldupp
Jul 14, 2012 - 9:21pm

Xty's back

Yippie!

O Canada

Welcome back!

wax off

I_ate_the_crow
Jul 14, 2012 - 9:23pm

@bardian

Something got lost in your tone translation there, that wasn't an ad hominum attack at all. Every philosophy I have derives from the idea that the true powers that be are the people, so again I'm not sure where you're coming from with this. In any event, if you want to tell me that the ideas in the Road to Serfdom are correct you won't find much disagreement from me. I mean take a look around, the central planning always leads to totalitarianism thesis is unfolding in real time. But there is no viable solution contained within that book that can be realistically implemented at this point.

So my main issue with Austrian thought is that it pretends that there is a simple solution to a problem that is so much bigger and complex than just a lack of free markets. American culture has been demolished in every facet and all you need to do is read the tea leaves to see that "the idea is still correct and will win out in time" is the complacent response they are counting on, because the majority of Americans will believe whatever they are told: https://www.fas.org/sgp/crs/terror/R42536.pdf

The emphasis of counterterrorism policy in the United States since Al Qaeda’s attacks of September 11, 2001 (9/11) has been on jihadist terrorism. However, in the last decade, domestic terrorists—people who commit crimes within the homeland and draw inspiration from U.S.-based extremist ideologies and movements—have killed American citizens and damaged property across the country. Not all of these criminals have been prosecuted under terrorism statutes. This latter point is not meant to imply that domestic terrorists should be taken any less seriously than other terrorists.

The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) do not officially list domestic terrorist organizations, but they have openly delineated domestic terrorist “threats.” These include individuals who commit crimes in the name of ideologies supporting animal rights, environmental rights, anarchism, white supremacy, anti-government ideals, black separatism, and anti-abortion beliefs.

In short, if you think a bunch of people holding gold, silver, guns and Austrian dissertations are going to establish free market anarcho-capitalist utopias, well, you're gonna be in for quite a different experience.

Frankly I can see why this board has been so hostile recently because the majority of people on this site have families and when this very real shit is coming it is beyond frustrating to see two PM blogs fighting with each other, or see people who should know better by now actually discussing Obama v Romney or the federal government in general, as if there is any possible solution within a system designed to oppress.

The constant stream of doomsday porn is to get those semi-aware to go hide in their bunkers, and it's got people on a knife's edge right now. You know what the TPTB have said? "Adapt or die", meaning you either adapt to our plans for the future or we will weed you out one way or another. Who knows, maybe some groups will be able to live on the fringes in self-sustaining communites while Rome burns. All I know is you will be characterized as a domestic terrorist and WACO was not a movie on TV. The majority of the country is more likely to listen, and the message can't be painted with that brush, if it's coming from a local official whose kid plays on your son's soccer team.

LaMachinna George Clooney
Jul 14, 2012 - 9:28pm

Hear, Hear to

Eric's knees Always thought they were kinda cute.....

LaMachinna LaMachinna
Jul 14, 2012 - 9:29pm

OH WAITTTTTT>>>.

Did Mrs. Eric hear that???

TexasStacker ClinkinKY
Jul 14, 2012 - 9:34pm

@Clink

HaHa, I actually was thinking about starting a blog today!

¤
Jul 14, 2012 - 9:38pm

Gold News

Gold

Gold to remain glued to Bernanke’s testimony next week

Updated 08:40 IST 14 Jul 2012

Gold prices retreated, as the U.S. Fed did not indicate an imminent QE3 in the FOMC minutes released yesterday, although some members favoured further policy easing if the Fed's dual objectives of full employment and stable prices cannot be achieved.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

>>>>>> Tanzania may replace Gold as its international reserve <<<<<<<

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Gold Trading Strategy Gold Technical Analysis Gold Market Pulse

https://www.commodityonline.com/commodities/bullion/gold.php

¤
Jul 14, 2012 - 9:41pm

Silver News

Silver

HSBC cuts 2012 Silver forecast by 9% to $31/oz

Updated 15:15 IST 13 Jul 2012

HSBC Holdings plc (HSBC) trimmed its silver price forecast for this year by 9% to $31 an ounce from $34/oz as price rises will be curbed by increased mine output and recycling, boosting supply. The bank calls itself moderately bullish on silver.'

  • Maybank Silver Account Scheme to attract RM 32 mn investments
Silver Trading Strategy Silver Technical Analysis Silver Market Pulse
  • MCX Silver may witness some relief rallies
  • MCX Silver to continue downtrend on Greek exit from Eurozone
  • MCX Silver may trade below 55000 level
  • MCX Silver in negative territory; selling on the rise
  • MCX Silver looks bearish, weak Rupee supports

https://www.commodityonline.com/commodities/bullion/silver.php

I_ate_the_crow
Jul 14, 2012 - 9:44pm

Was he at Freedom Fest Turd?

Because this is the kind of proactive stuff I'm talking about:

https://blog.tenthamendmentcenter.com/2012/07/nullification-may-be-on-the-ballot-in-arizona/

Arizona businessman Jack Biltis has spent $1.2M to get enough signatures in order to get his nullification question on the ballot this November and his investment may be paying off. Biltis claims to have submitted over 320,000 signatures to the Secretary of State, and 259,213 validated signatures are required to move the measure forward.

The initiative, if successful, it would amend the state’s constitution to allow the citizens of Arizon “to reject any federal action that they determine violates the United States Constitution.”

I_ate_the_crow
Jul 14, 2012 - 10:15pm

Memory Lane

First 4 minutes.

The Turd Speaks 1/2/12 (pt. 1)
bardian
Jul 14, 2012 - 11:00pm

@crow

You seemed to be attacking Austrian economics by implying an association between AE and certain ignominious characters. Call it whatever you want but I would have rather seen a direct criticism of the idea. You bring up Road to Serfdom, that's a start.

I would recommend reading Rothbard rather than Hayek if you're interested in exploring solutions.

The goal is to end government. There are two things you can do to help.

1. Educate people about freedom

2. Buy gold and silver and sit back and wait for the gov to screw it all up.

Personally I think the growth of libertarianism is directly correlated with the price of gold. So, as the price of gold goes up, eventually these libertarian ideas will be covered in the media, school curriculum will be reformed as more libertarian teachers appear, you'll see more libertarian politicians, etc. Many of these things are happening now.

Now, to get to the end of government will obviously take a while, but mabye not as long as most think. There are other more radical things to do to hurry things along. How about a bunch of libertarians take over a small town and succeed. That probably would be enough to change to entire world in short order.

¤
Jul 14, 2012 - 11:05pm

Uncle Albert / Admiral Halsey

Paul Mccartney, Uncle Albert (Lyrics)
Be Prepared
Jul 14, 2012 - 11:42pm

The Power of the Words we make together...

  • We are here, my brothers and sisters, because elsewhere we walk alone. If it was so easy to have a wide ranging discourse on the matters involving in the collapsing of society, we would be there instead of here.
  • We will not all agree on everything at anytime. Our differing experiences and insights are a strength… not a weakness, but it requires us all to remember that we are all facing a tough road regardless of where we sit or stand in our lives. Everyone here deserves respect, but must also give it to receive it… at all times. Just because you express yourself, doesn’t mean you’re right and everyone else is wrong… if you believe that, then you might want to look up the concept of community.
  • The battle is out there… it’s not in here. As we grow and change as a community, we must hold tight to the value of each other. I have much more to gain by listening than I do by talking.
  • Main Street, by Turd’s design, allows for a certain flexibility to share not only charts, articles and posts about PMs, but pics, vids and whatever to help build camaraderie and discussion in other areas which help balance the broader view.
  • There is no such thing as seniority. We are a community. Every member that plays by the rules of community deserves to be treated by those same rules. Never forget, though, it’s the house that Turd built and we are been invited to be here.

I could go on more, but I have tried to state the basics. I share this because each day… I am man starving for the fruit of what you all have to offer…. I am thirsty to drink from the well-spring of what you have seen or read that I have not…. All of you matter greatly to me, because you are a rare commodity…. you are awake… you are seeing a world unraveling and looking for answers. There must be room for all… those that started posting along Turd on Zerohedge… to the blogspot… to this wondrous place we have here. Old… New… Young… Old… Red… Blue…Green… it matters not. I value how we treat each other and I ask each of us to remember that our real lives are hard enough… we don’t need to expel the bitterness of the world on each other.

Thank you… you all rock!

maravich44 Be Prepared
Jul 14, 2012 - 11:49pm
John Galt
Jul 14, 2012 - 11:57pm

Rik Clay Video re: 2012 Olympics

Only recently did I hear of this fellow by the name of Rik Clay for the first time.

Today I watched a series of 9 videos he made and, frankly, I was blown away at the coincidences and symbolism he found connected to the upcoming Summer Olympic Games. Very rarely do I watch videos lasting longer that a few minutes, unless it's connected to something like my favorite song: Kashmir, by Led Zeppelin (Thanks for that IS7).

This link is to the first of the 9 videos:

Rik Clay & 2012- RIP 1/9

Rik presents his thesis in a concise and coherent manner before going in to the connections with numerology and synchronicity. Topics discussed include 11:11, pyramid numerology, Solar Eclipse, September Eleventh, The Birth of Christ, Zion, Summer Olympics 1972 Münich, Freemasonry, ancient Egypt and present day connections to Isis and Horus, 1984 Los Angeles, Eye symbolism, Sun symbolism, Corporate symbolism, joining of Islam and Christianity, Angel Gabriel, William Blake, plus some of the lesser considered images that can be found in the Illuminati card game published by Steve Jackson in the 1990s.

While I am fully aware that this site is primarily focused on discussing PMs and monitoring their rising "prices" in fiat terms, I remain convinced that what we are seeing in the "markets" are mere symptoms of something much bigger unfolding before us.

The games open in 13 days, and I believe it's well worth listening to what this young man had to say before his sudden and mysterious death in 2008.

Years ago Clay was convinced that a significant (false flag) event was being planned for the upcoming Olympic games, and despite his young age he was quickly developing a large following in Europe of people paying attention to what he had to say.

Even if you think all of this is BS, it is worth considering the possibility of a "what if this happens" ?

JG

P.S. IS7 posted the Kashmir video around the time I was watching the Clay videos. It may seem like an insignificant little coincidence to mention here, but in my mind coincidences are God's way of remaining anonymous.

On that note I find it more than coincidental that the opening lines to "Kashmir" are what they are, because they speak clearly to the times that are now before us:

"Oh let the sun beat down upon my face, stars to fill my dream
I am a traveler of both time and space, to be where I have been
To sit with elders of the gentle race, this world has seldom seen
They talk of days for which they sit and wait and all will be revealed"

IMHO we are entered into the time of revelation when the proverbial veil will be pulled back to reveal all.

RIP Rik Clay, and best wishes to all here at TFMR.

Vernon Wormer
Jul 15, 2012 - 12:11am

Eric O

I have a small dilemma and I know you can help. I have the same rounding problem that you do. I sleep better when my stack of gold and silver are xx.00. Recently, I purchased the following

Although these coins make me very happy, my stack is now at xx.999. Is this close enough to xx.00 not to lose sleep? Thanks.

justin99975
Jul 15, 2012 - 12:28am

I'm asking that you please

I'm asking that you please send prayers out to the families in my neck of the woods that have two little girls ages 8 and 10 missing.

https://www.kcrg.com/news/local/Volunteers-Searching-for-Missing-Girls-Sent-Home-162488276.html

I know these good people, and I am a father myself, so this is scary and very sad. Hundreds of us have spent yesterday and today searching the woods and waters, with no results...

Please take a look at this link and the photos. I know most all of you good people on this site aren't real close to Iowa, but you never know if the more exposure, the more hope.

sorry that this isn't metals related, as I would have rather posted about how I love stacking old silver coins. But I'd give them all away to get these girls back in their homes...

I_ate_the_crow
Jul 15, 2012 - 1:11am

Fair enough Bardian

The nature of the universe to me is dualistic - light and dark are not necessarily as simple as good and evil. In other words, I'm not so sure that this Earth is capable of utopia as the darkness will always mirror the light. You have to zoom way out to consider this point but I have heard some rather compelling arguments that in a way the control system is doing us a service because without this intense darkness none of us would be seeking freedom, either spirtually or more practically from tyranny - though they are probably better characterized as the same journey.

I agree with your two points and have said as much myself before, however I consider elimination of all government to be a utopian idea. Of course I have my own utopian ideas, which are just as unrealistic. A wise man I knew once told me that he "Had some strong beliefs that he holds lightly". My main such belief is that human beings should not have to pay to live. Obviously usury and money as debt produces such a situation. Thus I do also find merit in the possibilities of public banking. For example taking your suggestion in this context, what if a group of libertarians controlled a county, created a county bank issuing debt free currency to exchange in commerce, borrowed Hugo-Salinas' idea to float gold and silver by weight as a vehicle for savings and a check against the money supply, and implemented Walter Burien's CAFR solution to ensure the slow death of the parasite. What if the county then created a self-sustaining solar grid to become energy independent? In this situation I don't think government needs to be eliminated completely.

It's nice to think about these things but I always come back to what we are dealing with here, which is a totally mind-controlled population: https://www.mackwhite.com/tv.html This is an older article and I would argue that the platform has shifted to the internet and the alternative media is clearly a part of the hive-mind conditioning now. So really I have no beef with the Austrian ideology it's just that the control system has unfortunately used it to funnel people into pre-approved leaders and I think it will be exceedingly difficult for the more brainwashed Americans to accept the idea that government should not exist, however correct that position may be.

I'll make you a deal though - I'll check out more Rothbard if you give Babylon's Banksters by Joseph Farrell a read (if you haven't already):

If one takes these two very disparate instances as a clue, and especially that of Nazi Germany, then this suggests that there has been a persistant struggle throughout history between those who wish to democratize the production of energy, based on "alternative energy technologies", and who, similarly, wish to restore to the state its money-creating power and wrest it from private hands, and those who wish to monopolize that hidden technology and physics, and similarly, to hold a private monopoly over the money-creation of various states.

As will be seen, the struggle between these two camps has erupted throughout history in violence, as the latter group that advocates open systems seeks to overturn the dominant order of the moneychangers - the banksters - based on closed systems, or conversely, as the banksters seek to extend their power via closed systems of physics and economics must respond to the inevitable threat posed by civilizations or countries adopting the open ones. Most recently that struggle erupted in the enormous conflict we call World War II, as Nazi Germany, for whatever its genocidal and murderous crimes against humanity, at least percieved part of the struggle correctly; it was a war to free Germany from the heinous international money power - misrepresented of course in Nazi ideology by the Jews - based in Great Britain and the British Empire, and in the USA.

ClinkinKY justin99975
Jul 15, 2012 - 1:19am

Sure puts things into perspective doesn't it?

Prayers up (and I'm not a particularly religious person) for the safe return of these children.

Evil walks amongst us.

https://www.kcrg.com/news/local/Volunteers-Searching-for-Missing-Girls-Sent-Home-162488276.html

ClinkinKY
Jul 15, 2012 - 2:08am

For All The Young Turdites Here, Who Are...

... obviously smarter than the target audience this article was meant for, or else they wouldn't be here to begin with...just a reminder.

--------------------------------------------------------------------------

Barack Obama Fails the Young

Give the Obama Youth credit for this: At least they didn’t vote their self-interest.

The cadres of college students and recent graduates who swooned and fainted for Barack Obama four years ago will long be remembered for one of the most ill-considered fliers in the annals of self-defeating enthusiasms. In the cold light of day, the youthful idealists, believers and activists of 2008 look like the lamentable saps, patsies and suckers of 2012.

Rarely has a politician owed so much to a constituency he has served so poorly. The president promised young voters the moon, and all they got was their old childhood bedroom back in their parents’ house.

He fired them with an inspirational vision that didn’t include struggling to find a job to begin to pay off their onerous student loans. He sold a new kind of politics and gave them more debt and more entitlement spending that they will labor to fund all their working lives.

He talked of hope and change — and gave it to them good and hard.

Read more: https://www.realclearpolitics.com/articles/2012/07/14/barack_obama_fails_the_young_114798.html

------------------------------------------------------------------------------------

No, I don't like Mitt Romney either but I'll be damned if I give B.O. a "lame duck" term to inflict the fatal blow (if not already delivered) to this country. I'll "hold my nose" and vote for Mittens, "hoping" for the best for some "change":)

Flame away all you third party "principles voters". Just don't come back here after B.O. is reelected bragging that you "stayed true to your principles", therefore it's "not your fault".

There is a time for "principles" and a time for "reality".

Unless you're "in a hurry" to see the SHTF, which I believe some of you are.

Rant off.

I_ate_the_crow
Jul 15, 2012 - 2:12am

You said it Clink

Definitely puts things in perspective, and makes one feel pretty stupid for getting all esoteric and marginalizing the darkness. What has to go wrong for a person to take a kid?

John Galt - I'll second that recommendation, it's a really good interview. After he gets over the introduction it gets thought-provoking towards the end when he starts discussing what he was beginning to suspect about the control system and the nature of reality. And it plays into the article I linked on TV trauma based mind control as billions of eyes will be on the London olympics.

Hope for the best I suppose, on both counts.

ClinkinKY
Jul 15, 2012 - 2:20am

Lest Anyone Think I'm Anti-Principles...

...I'm "pulling for Ron Paul" to get his speaking spot at the RNC

----------------------------------------------------------------------------------------------------

Ron Paul: Romney campaign scared to let me speak at GOP convention By Jordy Yager - 07/14/12 01:51 PM ET

Rep. Ron Paul said that the Republican Party is scared to let him speak at the national convention in Florida next month.

The Texas Republican candidate for president said he thinks the prospects of him having the Tampa platform to energize his “Ronvolution” movement of supporters — who buck traditional GOP staples such as war funding and are in favor of more radical ideas such as auditing the Federal Reserve — intimidates some in the Republican leadership, including former Gov. Mitt Romney’s (R-Mass.) campaign.

“I think the Romney campaign organization is very insecure,” said Paul in an interview with Fox Business News on Friday.

“They want this thing to go smoothly. But all conventions are like that. And this is the one thing that annoys me a bit. If they want this thing to go smoothly and be a big media event, and it costs the taxpayers $18 million, and they don't want a discussion, why can't we have a little debate?”

Paul is in the process of gunning hard for the 18 delegate votes he needs from Nebraska’s state GOP convention on Saturday so he can have his name entered into nomination for president and secure a speaking slot at the Republican National Convention in August.

While Paul does not stand much of a chance of stealing a significant number of votes away from Romney at the national convention, the plurality of delegates in Nebraska would guarantee him a 15-minute speaking spot, which he believes could galvanize his base.

Paul needs to win a plurality of delegate votes in at least five states to be given a spot on the GOP national convention. So far he was won four: Iowa, Maine, Minnesota, and Louisiana.

Romney, the party’s presumptive nominee, seized the 1,144 delegates need for the nomination in May.

S Roche
Jul 15, 2012 - 3:13am

@Pining and RL

from the link: Seven reporting weeks ago, on May 22, the normally net short Swap Dealers edged briefly into long territory, reporting 82 COMEX 100-ounce contracts net long then, with gold near $1,568.

​May 22 was the date of the last GLD "puke"...GLD has been losing ounces all week, getting very close to another puke which is a well corelated buy signal.

​Within 7 days of May 22 the gold price spiked, then it dropped, then it bounced back, then it rose then fell, bounced along above $1550 for a while, then spiked and then fell back again until it spiked a bit on Friday...that's good enough for me!

It's called faith after a while, which is OK if you can afford it.

chinaussiedoll
Jul 15, 2012 - 3:19am

Thanks Indigo

For all the silver and gold articles you have linked for us. It's great to get all my weekend reading in the one place. Welcome back Xristy - long time no see! I hope everything keeps progressing in the right direction for you and your family from now on. @ Vernon Wormer ... You just posted those pics to make us all jealous ...it worked! Holidays for me at last - looking forward to more reading and posting and maybe even venturing into The Speak ...do they do Mai Tai's?

maravich44 chinaussiedoll
Jul 15, 2012 - 3:32am
Senseosensei
Jul 15, 2012 - 3:37am

False flag at olympics

There is a lot of internet gossip lately about the olympics, military and false flags.

Some facts are easy to check, like flat roofs being "seized" by the military to install anti air-guns.

https://www.guardian.co.uk/sport/video/2012/jul/10/london-residents-olympic-missiles-video

Then there is the G4S story. A private security company, that was also responsible for security on other hotspots, in charge of London 2012 security:

https://www.guardian.co.uk/sport/2012/jul/12/london-2012-g4s-security-crisis

Basically, failing procedures, lack of training for security officers, security gaps.

Then there is the story of the reporter that went in as a mole and claims there are thousands of foreign troops flown in and based around London:

https://www.prisonplanet.com/whistleblower-reveals-plan-to-evacuate-london-during-olympics.html

And then the documentaries that take it to the lala-land level. Apparently the BBC is planning a documentary about UFO attacks during London 2012 as part of a "conspiracy theorists" series (i could not find any reference to this planned documentary on the BBC site):

https://www.examiner.com/article/is-false-flag-ufo-alien-invasion-planned-for-london-olympics

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