The NWS

337
Wed, Aug 15, 2012 - 11:56am

And I'm not talking about the National Weather Service.

By the way, did you see this earlier this week? ( https://www.washingtonpost.com/blogs/capital-weather-gang/post/national-weather-service-ammunition-solicitation-triggers-confusion/2012/08/14/3dc6b67e-e62a-11e1-936a-b801f1abab19_blog.html) OK, so I can understand the whole, "clerical error" thing but what the heck does the "National Marine Fisheries Service" need guns for, much less 46,000 freaking rounds? Seems like a bit of overkill to me, no pun intended.

Anyway...and when I say NWS, I don't mean NWO:

George Bush New World Order

Or NWA:

N.W.A. - Straight Outta Compton [Explicit] [HD]
National Wrestling Council

Or even the NWF:

This is National Wildlife Federation: "Now's Our Time"

I'm talking about the NWS - the New World System.

Earlier this morning, I saw this post at ZH ( https://www.zerohedge.com/news/presenting-shocking-source-us-treasury-demand-past-year) and it got me thinking. In the post, it's mentioned that Japan has dramatically increased its purchases of treasuries while China has actually been a net seller. The question is asked: "What is China doing with their dollar reserves" if they're no longer buying treasuries? This is where ole Turd's brain started churning.

Two months ago, I wrote this: https://www.tfmetalsreport.com/blog/3924/gonefor-good. At the time I wrote it, I expected it to be quite the bombshell within our little "goldbug" community. Instead, it was met with yawns and dispassion. Perhaps that is what I should have expected. I mean, seriously, BREAKING NEWS from a guy who goes by the name of "Turd"? Well, regardless, I stand by the facts of this story and the opinions contained therein. Gold continues to exit "the system" at a consistent pace, never to return.

I'm re-posting it today not because I'm out of material and I need to dredge up the old stuff to fill space. I'm re-posting it because this truly is a very important development and one that, because it's not on the national/internet radar, is being widely discounted and overlooked.

You see, no one on Wall Street or in the financial media has any interest in pursuing this story. The MSM and TPTB are completely invested in maintaining the status quo and they will do so right up to the point where the game is changed for them. China will continue to accumulate gold and silver. They will continue to refine and re-cast this metal into new, standard and official sizes. They will continue to sign and implement bilateral currency and trade agreements that bypass the U.S. dollar. And they will continue to open portals for the international use of the renminbi.

Then, one day, seemingly out-of-the-blue, they will announce an alternative...A New World System that offers some type of gold-backed, international trade settlement, utilizing a non-fiat and sound renminbi or perhaps an entirely new and distinct, gold-backed and internationally-recognized trade unit. One way or another, this is going to happen. The only question is WHEN.

WHEN this happens, the U.S and all the other fiat currency countries will be forced into revaluing whatever gold reserves they have left. This is the "global gold price reset at multiples higher" that I have mentioned before, the result of which will be extraordinary, near-hyper inflation and a dramatic devaluation of the existing fiat. Additionally and importantly, it is through this process that the debtor nations of the world (the U.S. being the largest), will "pay down" the majority of their current obligations.

Again, you must understand that I am extremely confident that this is how things will ultimately play out. The only question is the timing and the specifics regarding which country or countries will ultimately force the issue. For example, it is entirely possible that China won't act independently. Perhaps the major creditor nations will band together. Some consortium of China, Russia and India. We'll see. In the end, that part doesn't really matter. What does matter is that this is inevitable.

Please continue to use this time to add to your physical holdings but remember...The only metal you truly own is the metal you hold in your own two hands.

TF

About the Author

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

  337 Comments

opticsguy
Aug 15, 2012 - 12:13pm

after the reset

wouldn't be great if the Chinese announced that you could exchange gold for RMB at any PRC embassy or consulate?

Istack
Aug 15, 2012 - 12:15pm

Stay on Target

There is a critical time period between the launching of a new venture and the results that come from that venture. During this hiatus, this waiting period, many people lose their nerve. They cannot stand the suspense of not knowing, of possible failure. They break and run in battle, they quake and quit.

Dagney Taggart
Aug 15, 2012 - 12:16pm

This is why

I like palladium too.

PS. Ancientmoney: THAT is someone I would work for, and

Daedalus Mugged
Aug 15, 2012 - 12:16pm

FOFOA

Turd,

Your thinking is right in line with FOFOA's about how this ends, what he calls reference point gold (RPG) based international settlement system. You have been a consistent 'silver outperform gold' advocate, and FOFOA is a 'gold outperform silver' advocate. Any chance you could do a podcast and work that out? His thinking is that effectively Gold is the reference point, that is what lies at the metal core of central banks. Silver (and oil, and lots of other commodities) will move up materially in $ terms, but not anywhere keep up with gold. Gold will outperform all, and materially so. He recently put up a picture of a pile of ancient coins with the silver being tarnished and corroded to the point of being barely recognizable, and the gold looking mint fresh with the caption 'A picture is worth a thousand words' or something to that effect.

Hat tip if you want Turd to talk to FOFOA.

DM

dnlward
Aug 15, 2012 - 12:19pm

dnlward- "They know something"

Check out this section in the latest Woodpile Report (www.woodpilereport.com), click on the arrow icons if you are interested:

YouTube videos of US armored vehicles on railroad flatcars.

Santa Cruz, California, Jan 19, 2012

Apatzingan Michoacan, Mexico, Jan 23, 2012 - same train?

Burbank, California, Aug 6, 2012.

These appear to be deployment lots, not maintenance or upgrade lots, and they appear to be in forest green, not desert tan. They're mostly light, maneuverable armor suitable for putting down insurgency and occupying town-and-country rather than for defeating opposing armor. Folks who 'read too much into these things' are wrong right up until the day they're right. Taken together with other ominous developments, "reasonable explanations" are giving way to "walks like a duck".

Informants and military personnel are coming forth anonymously to confirm that martial law "is right around the corner." However, right now we are under a silent martial law and citizens are reporting strange and unexplainable activity from the US armed forces and multiple federal agencies, says Susanne Posel in this article, DHS and US Military Make Final Preparations Before Announcing Martial Law, at Activist Post.

Also seethis article by Benson and Weber, Full Spectrum Operations in the Homeland: A “Vision” of the Future, at Small Wars Journal, and this article, The Civil War of 2016, at the Washington Examiner.

.

Ol Remus always has some interesting things to say, in this parrot's opinion.

iceman321_2k2
Aug 15, 2012 - 12:20pm
ancientmoney Daedalus Mugged
Aug 15, 2012 - 12:26pm

@daedmug

Hat-tipped you on that . . . I've struggled with FOFOA's attitude for years, since first reading his blog.

I think he's right in several ways, especially that CBs (bankster organizations) and other elites hold a lot of gold, and no silver, so they will want gold to be their saviour.

But, silver is a strategic metal as well as being recognized as money. So, even if the stocks-to-flow of silver is not as high as gold, there are other reasons silver may keep up with gold--notable, shortages of the stuff, needed in modern society.

If it turns out we don't need silver, then we won't need gold, either, as that means society has failed, and we're all back (survivors, anyway) to being hunter-gatherers, and we all know, "you can't eat gold."

napa698
Aug 15, 2012 - 12:26pm

Weird

The Social Security Administration has just ordered 174,000 rounds of .357 sig jhp ammo.They seem to be stocking up so should we

ancientmoney Dagney Taggart
Aug 15, 2012 - 12:29pm

DagTag

Yeah, I was shocked he'd do that. But, we're a small operation, and he is pretty new, so probably felt he needed to keep an old, experienced hand around.

BTW, does that body go with your pretty head?

VaHomesteader
Aug 15, 2012 - 12:29pm

Question on Turd's Prediction

When "the U.S and all the other fiat currency countries are forced into revaluing whatever gold reserves they have left" they will pull out all the stops to try to get their hands on our PMs. What do you believe will happen to us little guys holding physical when we want to sell it after the dollar collapse?

Thanks for all you do and give.

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

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

Key Economic Events Week of 6/10

6/11 8:30 ET Producer Price Index
6/12 8:30 ET Consumer Price Index
6/13 8:30 ET Import Price Index
6/14 8:30 ET Retail Sales
6/14 9:15 ET Cap Ute and Ind Prod
6/14 10:00 ET Business Inventories

Key Economic Events Week of 6/3

6/4 All day Fed conference in Chicago
6/4 10:00 ET Factory Order
6/5 9:45 ET Markit Services PMI
6/5 10:00 ET ISM Services PMI
6/6 8:30 ET US Trace Deficit
6/7 8:30 ET BLSBS
6/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 5/28

5/28 10:00 ET Consumer Confidence
5/30 8:30 ET Q1 GDP 2nd guess
5/31 8:30 ET Personal Income and Consumer Spending
5/31 8:30 ET Core Inflation
5/31 9:45 ET Chicago PMI

Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
5/15 10:00 ET Business Inventories
5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment

Recent Comments

by Turd Ferguson, 7 min 42 sec ago
by Turd Ferguson, 9 min 31 sec ago
by Dr Jerome, 14 min 41 sec ago
by WingsofGold, 20 min 57 sec ago
by Turd Ferguson, 25 min 38 sec ago

Forum Discussion

by Green Lantern, 46 min 27 sec ago
by argentus maximus, 1 hour 53 min ago
by eclectic, 1 hour 54 min ago
by argentus maximus, 2 hours 7 min ago
by eclectic, 2 hours 43 min ago
by argentus maximus, 4 hours 24 min ago