Moving Forward

223
Tue, Aug 14, 2012 - 3:52pm

And I don't mean that in the progressive, O'Bomney sense. I mean it in the reactionary, neanderthalic Turd sense.

First of all, thanks to everyone who participated in the previous thread. Lots and lots of good ideas and suggestions and I can assure you that I have read each one, even the comments from banished trolls who re-registered just to tell me what a first class delta bravo I am. And another thanks, too, to all of you who have so graciously donated some of your hard-earned fiat to help with the expenses around here. As I type, we've raised enough funds to pay about 2/3 of the outstanding invoices. Very, very big thank you to all of you.

And just one more thing before we move on. I only posted the invoices from Ron and LiquidWeb so that everyone could see that I wasn't simply pretending to need a little cash infusion. In this age where it seems that nearly everyone is hiding something, I wanted to be as transparent as possible regarding expenses. That said, please understand this:

  1. The servers are expensive because we choose to have them that way. Anyone who has been around here for a while knows that we've had frequent outages and DDOS attacks. While I am considering moving to a slightly less expensive "cloud" based platform, I am reluctant to rock the boat at this point as the site, as it's currently configured, has worked seamlessly for about six, straight months.
  2. Ron and Stephanie have done an amazing job in building and maintaining this site. We wouldn't have a TFMR without them. They are not raping, pillaging or otherwise screwing me or us. To more effectively use funds, I will be assuming much of the day-to-day maintenance/monitoring/customer service from Stephanie. This will save money and, more importantly, it will allow Steph to concentrate on more fun and interesting tasks such as PR and marketing. And let me state this clearly: I have complete confidence in Ron and the Shimshock Group. If you ever need a web developer, I would give them a 100%, hearty recommendation.

OK, back to he business at hand.

What a joke today was. Standard Cartel operating procedure. Massive sell at the open and another dump into the close. You can see it all on the chart below:

Trust me, all these raids accomplish is to give you an opportunity to add some metal at a discounted price. Gold is not breaking down. THE BOTTOMS have been set at $1525 and $26. Soon, the metals will begin the "hot, explosive and historic" move that I've been mentioning for the past few months. The machinery has been set in motion and it is simply a matter of time now. Be patient and keep buying/stacking.

To that end, I have a question for you and I really need your feedback. Several folks have emailed me in the past 24 hours expressing their reluctance to join "The Army" because of its primarily-London trading hours. I certainly understand this...Turd has to sleep, too. So what do you think of this idea? I've suggested to Andy that we start an add-on service whereby he and I post our current option strategies. Similar to Andy's current "DayTrades" service where Army members can choose to follow along on his futures trades, subscribers to this potential additional service could follow along as both Andy and I trade options. Not only in the metals but in commodities such as crude and the grains, as well.

Let me be clear, here's my one mental hurdle: How do I rectify a new, options trading "service" with my oft-stated advice to avoid trading altogether? I must admit that this is a toughie because it would be easy to sound flippant or disingenuous. Here goes: IF we were to do this, it would be for options trading only. Why?

  1. Your downside (outright theft risk ala MFG) would be limited to your cash in account and already spent premium. I would insist that all program participants attempt to follow the same "rule" as regular Army members. Namely, take a cash distribution each month of all realized gains (provided there are anysmiley). You can use that cash to buy more phyzz or whatever. I don't care. Just don't leave it laying there in your account. The next Corzine may be lurking around the corner.
  2. I truly am 100% confident in the impending UP move for the metals. Combine this with more, post-election QE, the ongoing drought and inevitable MENA wars and you've got some situations that are ripe for the picking. If we can combine Andy's experience with my goofy hunches, we might be able to make some serious fiat.

So, please let me know if you would be willing to participate. The fee may be steep...but not quite as steep as the other Army services. We'll see how we actually set it up. Of course, none of this is binding. I simply need an indication of interest either through the comments section of this thread or by email at tfmetalsreport at gmail dot com. I don't want to put Andy and Paul through the trouble of setting up a new service only to find out that no one wants to play along.

Moving along...how about some news? Here's one. The communist Chinese are pulling out of U.S. exchanges because they're "too corrupt". This seriously cracks me up! The commies think that WE are too corrupt!! HAHAHAHAHA!! https://finance.yahoo.com/news/chinese-companies-pull-us-stock-095649722.html

(Btw, Andy also informed me that the NASE is getting closer to opening. Bureaucratic issues are slowly being resolved and they are currently hoping for a September launch.)

Next is an interesting read from Charles Hugh Smith. https://www.oftwominds.com/blogaug12/expectations8-12.html

I'm not sure what to make of this but, lately, Santa is really worked up over registration of your funds and assets. Does he know something we don't? Is he preparing for a major default/bankruptcy? I don't know but I do know that you should take the time to scroll through this: https://www.jsmineset.com/2012/08/13/jims-mailbox-1009/

And this is alarming. You should definitely take the time to read and watch: https://deadlyclear.wordpress.com/2012/08/12/bank-of-america-drills-open-customer-safe-deposit-box-and-removes-contents/

The war in Syria is getting more dangerous by the day. This next clip comes again from Debka. Say what you want about Debka. Frankly, I don't care. Whatever their sources, they are consistently ahead of the MSM on details within and around Syria and the Middle East. Are they wrong sometimes? Sure. But so are the NYT, CNN and Fox. Lately, much of what debka reports gets confirmed within the MSM within 24-48 hours so I will continue to post links that are relevant. Here's one for today: https://www.debka.com/article/22273/Syrian-rebels-armed-with-first-T-62-tanks

Finally, today was another CoT Tuesday. Though we won't know today's OI numbers until tomorrow, I think it's safe to assume that this Friday will another "friendly" report. Silver OI continues to creep higher while price is capped and suppressed. This is simply a sign of an increasing short position and, one day soon, those shorts will be forced to cover in spectacular fashion. Be right, sit tight and stay patient. We will be victorious.

Have a great evening and overnight.

TF

About the Author

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

  223 Comments

TinHat
Aug 14, 2012 - 3:56pm

second silver

Silver, about as close to gold as i'm gonna get.

Marblesonac
Aug 14, 2012 - 3:56pm

First

woohoo

Make the trading accounts managed. That is Andy does the trading for each account.

Physical_only
Aug 14, 2012 - 3:57pm

REPOST

Physical_only's picture

About pay-pal

Submitted by Physical_only on August 14, 2012 - 7:54pm.

I have shipped to every country worldwide over many years with payment from pay pal. With no problems ever. 

I'm sure others have had similar results.

FWIW

Mr. Fix
Aug 14, 2012 - 3:58pm

Onward......

It's good to move forward.........

Istack
Aug 14, 2012 - 3:58pm

Forward Ho!

Let us go on instead and become mature in our understanding.

Nana
Aug 14, 2012 - 4:04pm

Thanks Turd

Question please. Do you think this will happen before the middle of September?

ancientmoney
Aug 14, 2012 - 4:04pm

@Turd

"The communist Chinese are pulling out of U.S. exchanges because they're "too corrupt". This seriously cracks me up! The commies think that WE are too corrupt!!"

No honor among thieves . . .

I would be interested in the trading, but I'm primarily a stacker, so would depend on cost and minimum size of bogie.

Bum in the library...
Aug 14, 2012 - 4:11pm

options

what kind of options? I only trade stock/ETF options...

Moderator Jane
Aug 14, 2012 - 4:15pm

From Stephanie

(Those of you who have been around for a while know that Moderator Jane is my alter ego. I am also "Stephanie." We created separate moderation accounts a while back so that personal opinions wouldn't be munged in with moderator proclamations.)

While "Moderator Jane" will still be busy at work for the rest of the month helping with the transition and getting new moderators in place, she will be mostly retiring her hat coming September. She may still pop around once in a while here and there, so don't go jumping for joy just yet. ;-)

As some of you might have noticed from the last post, I've gotten a bit burnt out on the community management stuff, and I'm looking forward to focusing on other things. The timing on this is really good. I got back from my vacation and really felt like I needed to move forward and do different things. I've been dealing with this site for over a year now and it's time to focus on bigger projects and helping TFMR grow.

Most of our moderators go through periods of burn out because the job is hard and thankless. I just want to thank the volunteer moderators, past and future, and also remind the community to try to be kind to the moderators and show your appreciation.

For those of you who felt I had bad intentions - my intentions were always to be fair and objective towards user disputes as much as possible. This can actually be a hard position to take, as sometimes you have to stand up for the unpopular person. And that can make you unpopular yourself. But I hope that overall our efforts have made TFMR into a great community. It has its ups and downs, and periods of turmoil. But overall, it's a great community and I'm glad to have been a part of it.

Once it's September I can sit back and enjoy the site more, and let other people deal with the drama. WOO HOO!! 

:-)

Missiondweller
Aug 14, 2012 - 4:17pm

Ugghhhh! Its driving me nuts!

Turd, I'm sure you have damn good reasons as to why you are not sharing what makes you "100% confident" about the up move in metals but its driving me crazy not knowing!!!!

Thanks for all you do!

dgstage
Aug 14, 2012 - 4:20pm

Managed Trading Account

I would love for Turd and Andy to that. Wha t do you think the minimum investment will be?

gs478
Aug 14, 2012 - 4:23pm

Options Interest

Turd/Andy,

Count me in on the options idea.

Thanks Turd, et al, for everything.

race on

dgstage
Aug 14, 2012 - 4:24pm

Turd

I would like to give you some money to invest in grains as well

heyJoe
Aug 14, 2012 - 4:27pm

Interested in Options Advisory Service

Turd, I already implemented some of your ideas. Now I have to pay for them? Your killing me here! wink

recaptureamerica
Aug 14, 2012 - 4:28pm
Bum in the library...
Aug 14, 2012 - 4:35pm

Commodity futures options

so you would likely need an account at IB or with JimC or someplace else.

Money By Trading
Aug 14, 2012 - 4:36pm

GDX trade update--letting our stops work

https://wp.me/p2CT0a-36

So far, the market hasn't forced us out of this trade.

heyJoe
Aug 14, 2012 - 4:36pm

But not just my ideas.

But not just my ideas. Andy's, too!

dgstage
Aug 14, 2012 - 4:38pm

You can't "give"me money to

You can't "give"me money to manage. I'm not Series 3 licensed and I'm not a broker.

This service would simply provide access to Andy's and my trades in real time. You decide from there whether or not you wish to follow along in your own account.

Like the service, I would strongly discourage inexperienced traders from attempting to join the fun. Whatever anyone decided, you would be trading your own money through your own broker. The good thing about options is that we would be talking about longer-held positions, not day trading per se. Therefore, you wouldn't necessarily have to sit in front of your computer all day hoping to capitalize.


Aug 14, 2012 - 4:40pm

Silver holding up well

While 15$ was knocked off gold since 4am, silver is down just 7cents... Shorts are being covered, me thinks!

I Run Bartertown
Aug 14, 2012 - 4:43pm

Stephanie

Congratulations! It sounds like a perfect time for you for the change up.

Sucks for me though angry. I know well the outcomes of 'reasoned and tolerant' COMMUNity modding. I'll copy any emails or links I might need (TFMR BugOutBag File) now before the Council is in place. I will miss your tender jackboot of authority. yes, but I will remain Unreconstructed. devil

heyJoe
Aug 14, 2012 - 4:44pm

Looking Forward to the Details

Already have an account set up with Jim C.

The Green Manalishi
Aug 14, 2012 - 4:44pm

Options

I'd be interested

mendolover
Aug 14, 2012 - 4:44pm

Syria

Hello Turd! Hope all is well in Turdland! 

As far as I'm concerned the more alt the source the more reliable. Fox and CNN? PALLEASSEE! Go to http//www.presstv.ir/ for your Syria news. Yes that is '.ir' as in Iran. 

https://www.presstv.ir/detail/2012/08/14/256225/turkey-stages-war-game-n...

Also in the interest of keeping all of us here on the staight and narrow - https://ivarfjeld.wordpress.com/2011/01/11/debkafile-is-a-complete-fraud/

When is Jim Willie coming back?

PEACE!

Istack
Aug 14, 2012 - 4:48pm

hot, explosive and historic

i don't recall you mentioning "Hot" before. Now that's a game changer!!

i look forward to even more impressive and exciting adjetives to come!

i'm getting kinda antsy

RaRaRasputin
Aug 14, 2012 - 4:48pm

Turd

Your big heart matches your big ole' yellow hat. I applaud you for the last post and allowing free flowing comments and for following it up with this one. Constructive, positive and ever willing to learn and adapt.

I salute you Turdmeister :)

RaRa

GoldMania3000
Aug 14, 2012 - 4:49pm

so?

is it like buying spreads. silver 35-36$ December 2013? i have those. im still hoping they hit one day

Excalibur
Aug 14, 2012 - 4:49pm
Grigeo Moderator Jane
Aug 14, 2012 - 4:56pm

Moderator Jane

What IRB said. I'm already missing Mod Jane.

crying

serfsdown
Aug 14, 2012 - 5:00pm

'I'm not sure what to make of

'I'm not sure what to make of this but, lately, Santa is really worked up over registration of your funds and assets'......I think it's to stop brokers from using your shares to short the market. But then, what would I know.

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