The NWS

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

By the way, did you see this earlier this week? ( http://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:

Or NWA:

Or the NWC:

Or even the NWF:

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

Earlier this morning, I saw this post at ZH ( http://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

337 Comments

ivars's picture

GSR- everything is continuing

GSR- everything is continuing fine and in line with price development. So far no obvious reasons for downturn except that the uptrend is broken for 2 weeks now.

Mr. Fix's picture

@ Nana.Too long for a bedtime story, Wow!!!!!!!!!!!!

.

Karankawa's picture

Mr. Fix

Mr. Fix.  Do you remember a guy with the handle of Milo Trdr?

Mr. Fix's picture

My Memory is not very good...

@ (Milo)

I was better with the avatars!

But, I do seem to recall that name........

Karankawa's picture

@ Mr. Fix

I understand.  When Milo was posting, there were no avitars on Kitco.  You and I and everyone else should take note of that fact.

God Bless,

Karankawa

Mr.Grey's picture

@Puck

I have never had a black powder revolver, the closest I have had experience with was a ruger super blackhawk in .44mag.  The plowhandle grip of the single action tends to roll in recoil whereas a double action such as a S&W mod 29 the recoil is straight back making a followup shot quicker.  The revolver you picture, is that a 1858 navy?  In the 80's Colt re-released the 1858 navy, 1860 army, patterson and the walker. They were in the 400.00 range so not a cheapy by any means.  I wanted a 1860 army but I was collecting Ruger #1s at the time and never got around to getting one.

ivars's picture

What is the impact of growing treasury yields on FED actions?

What is the impact of growing treasury yields on possible FED near term actions? I read trader Dan report, but .. I did not get it.

Can someone please clarify it in few main points?

I have to confess bonds with all the nuances are really still a mistery for me, but as they form the basis of money supply, and reference point for worlds financial transactions, I am eager to get info, but pls relevant and piece by piece:)

Though I think Europe will kill the increase if there is not a downgrade of the US before it.

Mr.Grey's picture

Modus Operandi

There has been considerable talk of civil unrest in our future and the implementation of military/police state.  With the number of weapons in the hands of civilians it seems that to control the civilian population would be no mean feat.  But if controlling the population was the assumed end one would think that opening the borders to large numbers of illegals would be counter productive.  I think if we look at the standard procedure that is being followed around the world is to destabilize not total control.  Egypt, Libya, Iraq, Afghanistan, Syria, Iran, United States.  Reagan destabilized the USSR with the threat of star-wars.  The thinking now is that China can be brought to her knees with the same tactic, encircle with a ring of missile power and make her defend until she is economically destabilized. Here in america, after a couple of years of destabilization (think Detroit) total control can be established with food and/or water.

silver foil hat's picture

Libero: You said it

"Obama is going to take your guns and steal the election."

Isn't it fun to take things out of context and then post them in an inflammatory way to create discourse?

Which dishonest liberal media outlet do you work for?

Puck T. Smith's picture

@Mr.Grey

It's an 1851 Navy.  As I said, worthless as a weapon, unless your opponent is unarmed, but lot's of fun.

Harald's picture

Rumor has it

Obama campaign is worried that they won't have a full stadium for The Messiah's acceptance speech.  The link works, reserve a seat and then don't show up.  They have to find 73,000 bodies.  All of us knuckle draggers have signed up.

Obama - Biden
 --

President Obama is accepting the nomination at the Democratic National Convention in Charlotte on September 6th -- and there's a seat in the audience for you.

Be a part of this moment -- sign up now to go to the convention and watch President Obama deliver his acceptance speech.

Conventions used to be about bringing together a few political insiders for some closed-off sessions that most people found out about in the news. From how it looks now, that's still what the other side's convention -- where Mitt Romney and Paul Ryan will accept their party's nomination -- is largely going to be like this year.

We've got different plans for ours.

Just like in 2008, when President Obama gave his acceptance speech in Denver to a crowd that filled a football stadium, this convention is going to be about making sure that the people who are building this campaign -- by volunteering, giving what they can, or helping spread the word -- are right there at the front.

Our doors will be flung open wide to as many people as possible. The energy you'll feel when you're there is going to help carry us through these last couple of months.

A few quick logistics: You'll need credentials to get into the convention; when you sign up, we'll get in touch with more information about how to pick one up. A limited number will be available. You'll need to arrange your own travel to Charlotte, and a place to stay while you're there.

So start thinking about your trip, and let us know if you'll be claiming that spot:

http://my.barackobama.com/I-Am-There

Hope we'll see you in Charlotte,

Mitch

Mitch Stewart
Battleground States Director
Obama for America
 

 
silver foil hat's picture

Now this is voting with your money...

and taking a principled stand:

I just hope theirs  (space missing to prevent the govbots from marking this post) isn't going to audi them soon.

http://www.breitbart.com/Breitbart-TV/2012/08/15/Virginia-Bakery-Refuses-To-Serve-Biden

recaptureamerica's picture

Gold Runs Out In Lisbon As

recaptureamerica's picture

Gold Demand Fell 7.1% in

Gold Demand Fell 7.1% in Second Quarter as Jewelry Use Declined

http://finance.yahoo.com/news/gold-demand-fell-7-1-050000331.html

ivars's picture

@Gold demand falling

I increased it yesterday by 1Oz  American Eagle.

50Jim's picture

Harvey Organ Silver

Reading Harveys blog : I noticed that SLV removed 1.6 million oz. of silver.  He said they must have needed it for a big client.   It seems odd that Sprott has over 1.5 million oz. remaining to be recieved from his large purchase.

Maybe taking the silver from SLV is the reason we have not seen any impact from that large a purchase.

ag1969's picture

@50Jim

It is amazing how often SLV moves huge numbers around.  This is a number I watch daily, and SLV has many transactions over a million ounces yet when Sprott orders huge amounts, it takes him forever and a day to get it.  You watch, at some point next week, SLV will magically add over a million ounces and the price will not be affected.  Sprott would already have all of his silver if all he had to do was click print.

Patrancus's picture

Nana

Alls I can write is Mama Mia! these people are the ones who are insane!

MsMaryMac's picture

Gold Demand Fell 7.1% in

That not what JW is saying.  If JW was correct about 5000 tons plus being taken off the market during the Feb 29 to Jun 30 period, then the World Gold Council is either in the dark? or something else?

ag1969's picture

They Got Away With It

It there was ever a message from our government, it's this. If someone has enough money and power, they can get away with anything. There will be no consequence and no punishment for the rich and powerful.

Once again, Goldman Sachs gets completely away with it. The Department of Justice, closed the books on pursuing Goldman Sachs. Now this is most interesting, you cannot find the statement, press release, nothing on the DOJ website or anywhere. Some claim the DOJ statement is in Goldman Sachs 10-Q, but no, not there either.

About the only place you can get the DOJ statement, it appears, is ABC News, second hand and not directly uploaded.

Based on the law and evidence as they exist at this time, there is not a viable basis to bring a criminal prosecution with respect to Goldman Sachs or its employees in regard to the allegations set forth in the report.”

“The department and its investigative partners conducted an exhaustive review of the report and its exhibits, independently gathered and scrutinized a large volume of other documents, and tenaciously pursued potential evidentiary leads, including conducting numerous witness interviews,” the Justice Department’s statement continued. “While the department and investigative agencies ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time, we commend the hard work of those involved in preparing the report and thank the Senate’s Permanent Subcommittee on Investigations for its cooperation in regard to the criminal investigation.

http://www.economicpopulist.org/content/they-got-away-it-0

Harald's picture

Gold Demand Fell 7.1% in

Eric Original's picture

Mr. Fix

"Any thoughts?"

Uh...yeah.  Step away from the internet for a while.   You've got your tin foil hat screwed on a little too tight.

Roark's picture

A thought...

To enslave the nation, take out the infrastructure.

All you need to do is shutoff the power. Thats it. Within days people will flock to the camps. Once they are there, there isnt any reason to lock the gate. Just feed them and give them a little A/C.
This door-to-door paranoia just doesnt make sense. Why collect the peeps when they will flock to you?
Guns and ammo will not be used against the goobermint boys. They will be used to defend you castle, should you decide to stay, outside of the Relocation Camps.
Think about it.

thesandbox's picture

Arizona continues to make a stand...

http://www.foxnews.com/politics/2012/08/16/brewer-blocks-undocumented-immigrants-from-receiving-benefits/

Arizona Gov. Jan Brewer on Wednesday ordered state agencies to deny driver's licenses and other public benefits to young illegal immigrants who obtain work authorizations under a new Obama administration policy.

In an executive order, Brewer said she was reaffirming the intent of current Arizona law denying taxpayer-funded public benefits and state identification to illegal immigrants.

Grigeo's picture

tin foil hat

Retired Lt. Gen. William G. “Jerry” Boykin, a decorated former Delta Force commander, U.S. deputy undersecretary of defense for intelligence and Purple Heart recipient

“We hear a lot about Marxism and socialism, and there are those, particularly in the media, who would say that we should ‘tone down our rhetoric’ about socialism because ‘we’re not moving to socialism,’” Boykin states in the video. “Well, The reality is … I’ve studied Marxist insurgency. It was part of my training. And the things I know that have been done in every Marxist insurgency are being done in America today.”

“You need to understand this is happening in America, and it fits the model that has been used when societies have moved to Marxism” .......It should be a matter of great concern”

http://www.wnd.com/2012/07/hero-general-obama-following-castros-plan/

"Tin foil hat" - oh Eric, you are so clever & truly "Original".  I never heard that expression before.  They are looking for you over at the Speak, they want you to post more videos of women in low-cut blouses chugging beer.

Tube's picture

re: They Got Away With It

¤'s picture

Roark

I agree.

Imagine if they just turned off the internet, your cell phone service or tv cable .

We'd all be in the dark for the most part and very 'restless'. It would absolutely stun and shock  people at this point given the reliance the populace has  bestowed upon the tv, computer and cell phone. 

Angry-man-001.jpg

Dagney Taggart's picture

@EO

Was that seriously necessary? He has been gone for a while now. Please don't go out of your way to put him down.

ggnewmex's picture

Soros/ Paulson

Ok, very likely this has all been posted already as it is "old" news.

However, that these two significantly added to their gold stake is on the MSM, Yahoo

http://gma.yahoo.com/blogs/abc-blogs/billionaires-soros-paulson-bet-big-gold-100033813--abc-news-savings-and-investment.html

Ok, so part of me says good.. from the exposure and what is coming, (which we know) and then the other side of me says it is a contrarian indicator. Which is correct?

GG

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