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

Dagney Taggart
Aug 15, 2012 - 5:20pm

@cc

Friend of a Friend of Another?

theBuckWheat
Aug 15, 2012 - 5:32pm

NOAA Ammo

see: wattsupwiththat.com/2012/08/14/wtf-national-weather-service-buying-hollow-point-bullets/

Due to a clerical error in the federal business vendor process, a solicitation for ammunition and targets for the NOAA Fisheries Office of Law Enforcement mistakenly identified NOAA’s National Weather Service as the requesting office. The error is being fixed and will soon appear correctly in the electronic federal bidding system. The ammunition is standard issue for many law enforcement agencies and it will be used by 63 NOAA enforcement personnel in their firearms qualifications and training.

babaganoush2307
Aug 15, 2012 - 5:33pm

@ Dagney

That chart goes to show you what we are up against

At this point in silver and gold, if you don't GOT it then you don't GET it

So sad knowing pretty much everyone I know is going to be suffering much much more than me once the SHTF

Magpie
Aug 15, 2012 - 5:33pm

@Short Stack

Ah, I'm not the only one! I was on another blog speculating the ammo was being placed for people like the New Black Panthers or Al Qaeda. Great minds, or nutters?

TJeffson
Aug 15, 2012 - 5:37pm

Apmex libertads if anyone cares

just got an email from Apmex advertising 2oz silver 2012 libertads uncirculated for 65 bucks each. Thought I'd pass it along in case someone may be interested.

BillAuAg Fade2Black
Aug 15, 2012 - 5:46pm

The Story of Your Enslavement

That 13 minute move is pure far left thinking.

Nonetheless the last 1 1/2 minutes speaks truth: Wealth begets Crime or Criminals seek your wealth.

Short Stack
Aug 15, 2012 - 5:48pm

@Magpie

I wish I was being nutters on this one. I'm thinking the only nuts around here are the Liberal styled Socialists in the U.S.

Seriously, even Putin thinks they're all nut jobs. Obama, Biden, Hilary. Every time he says any of those names he turns and spits.

ancientmoney criscrossing
Aug 15, 2012 - 5:49pm

@criscrossing

DagTag is right. Friend of Friend of Another.

Another was an anomymous poster on a gold site, maybe Kitco or some such place, I forget. He wrote through about 2000 or so. He seemed to be very knowledgeable about gold, the Euro, oil-for-dollars, gold for oil, etc. He then went dead in terms of posting.

His basic premise was that the Euro was designed to compete with the dollar, and was basically meant to be gold-backed. His claim was that at some point, the Euro union would revalue gold, one time, to counterbalance the zone's debt. The valuation at that time was some $20,000/oz as I recall. It would then become the world's reserve currency, as nobody would continue to buy U.S. government debt, and the dollar became toast.

FOFOA asserts that Another did not foresee China's role in buying U.S. debt, so the whole revaluation got put back a decade or more, and that it would now require about a $55,000/oz gold price to counterbalance the existing debt.

This is an extremely brief, and hopefully close approximation, but there are literally thousands of pages, as Friend of Another entered the scene to expound on Another's offerings from about 2000 to 2004 or so. Suffice to say, FOFOA says to Buy. Physical. Gold.

BillAuAg Dagney Taggart
Aug 15, 2012 - 5:50pm

RE: No way.

Dagney, not carefully that every morning spike was exactly the same. We have a bot somewhere seeking to ignite a short bull run.

kingboo
Aug 15, 2012 - 5:53pm

.40 Cal........

at this point in time it is mostly a law enforcement ammo........in other words "most americans dont have 40 cal handguns in their closet".....but all the cops do. which means you could not easily "deploy" their ammo against them. This may not be their reason for 40 cal ammo. but it is certainly an accurate statement.....

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 8/12

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

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

Recent Comments

Forum Discussion

by Boggs, Aug 16, 2019 - 7:46pm
by Boggs, Aug 16, 2019 - 7:07pm
by NW VIEW, Aug 16, 2019 - 6:29pm
by Boggs, Aug 16, 2019 - 6:09pm
randomness