Weekend Assignment

348
Sat, Sep 29, 2012 - 12:02pm

If you can spare a few minutes this weekend, please check out this video.

You may recall that, last month, I recorded a podcast with David McAlvany of McAlvany Financial. Here's a link in case you missed it: https://www.tfmetalsreport.com/podcast/4131/tfmr-podcast-26-david-mcalva.... I had met David earlier this summer at FreedomFest and had come away impressed. Here was a guy...an actual investment advisor...who seemed to "get it".

As part of their marketing plan, McAlvany Financial is producing three videos this year that attempt to describe and summarize some of urgent financial issues that are bubbling just below the surface. The first video, which dealt with the ongoing financial crisis in Europe was released back in the spring.

The Fuse is Lit | European Perils | Part 1

Just this week, they released part 2 of "The Fuse Is Lit" series. This one is entitled "Asian Ascendance". For my part, I agree with almost all of David's conclusions here and I highly urge you to watch the video. The only area in which my opinion differs from David's is regarding a collapse/bubble in treasuries. I don't think this is imminent, at least not likely in the next 3-5 years. Perhaps because QE∞ was announced post-production, David may have since re-evaluated his position. I'll have to check with him to see. Regardless, this is definitely worth 25 minutes of your time.

The Fuse Is Lit Part 2 Asian Ascendance

https://www.reuters.com/article/2012/09/28/us-cftc-positionlimits-idUSBRE88R1C120120928

That's all for now. Have a great weekend!

TF

About the Author

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turd [at] tfmetalsreport [dot] com ()

  348 Comments

El Gordo
Sep 29, 2012 - 12:08pm

Top ten (although I saw there

Top ten (although I saw there were at least 10 "reads" in front of me.

Warren Peace
Sep 29, 2012 - 12:09pm

One more week with the powers in place at JPM

One more week with the powers in place at JPM.

(At least one more)lol

So It Goes
Sep 29, 2012 - 12:12pm

4th

I've got nothing to say. Just never been in the top 10 for now. It's just fun.

Gotta catch up on my reading today.

:-).

Bollocks
Sep 29, 2012 - 12:16pm

FFFFF

URST

Bugs Bunny Theme - This Is It
SV
Sep 29, 2012 - 12:44pm

Homework will be embarked upon!

Oh, how QE to infinity soils the pants of Americans all over with dreams of credit cards!

https://silvervigilante.com

Missiondweller
Sep 29, 2012 - 1:03pm

Great video Turd! Thanks!

Just watched the top video. Its a fantastic summary I will definitely share with family.

ReachWest
Sep 29, 2012 - 1:20pm

Judge throws out CFTC's position limits rule

For anyone interested, here is a background link on Judge Robert Wilkins of the U.S. District Court for the District of Columbia:

Judge Wilkins was nominated by President Obama in mid 2010.

https://alumni.rose-hulman.edu/news/43042/

What-ever comes of this decision to strike down the Position Limits rule - at very least, it will result in more lengthy delays. Just what the Cartel needs - more time to continue with their corrupt tricks.

Xeno
Sep 29, 2012 - 1:29pm

Hey Judge Wilkins..

Hey Judge, you are quoted as ruling that; "Wilkins ruled that, by law, the CFTC was required to prove that the position limits in commodity markets are necessary to diminish or prevent excessive speculation."

Judge, you sir are a first class idiot and ignoramous. By their very nature, excess speculation is diminished and prevented by position limits. But excuse me, being a judge you of course had no idea or understanding of such a basic premise.

Time to hang up the robe and retire to paradise with the more than likely big bucks payoff you got for such an ignorant ruling.

Lets spread the word boys, stack PM's and lets take these sons of bitches down.

DayStar
Sep 29, 2012 - 2:06pm

Harvey's Up!

Record prices for Euro and Swiss gold, judge says no to CFTC position limits, Greyertz on hundreds of trillions in new printing, video of WTC7 demolition, planned fall of the House of Saud; all this and more on the Harvey Report

Today's post: https://www.tfmetalsreport.com/comment/574803#comment-574803

Thread: https://www.tfmetalsreport.com/comment/574803#comment-574803

Katie Rose
Sep 29, 2012 - 2:08pm

Thoughts on bartering...

I hope I am not hijacking the thread, but I have waited till the weekend to post about something I have been mulling over in my mind.

Awhile ago there was a weekend thread about bartering, and the best items to have to barter with.

I believe many here concluded that having alcohol available to barter with was the best option.

I personally believe that it is the most dangerous option, and if you want to die early, be my guest.

Here's why.

When we moved to Eastern WA we needed help with fencing, etc. We asked the elder in our new church if he knew of anyone who could help us. He recommended a Christian Ranch for men who were in treatment for drugs and alcohol. We spoke with the pastor at the ranch, and concluded that this was a ministry we wanted to support. So out the men came with supervisors to work for us.

We loved these men. They had such wonderful testimonies of how Christ had turned them around.

Here is the bottom line. They stole a lot of money from us, all my Mom's gold, and a third of my silver. Even the supervisors were in on it.

We learned something about addicts.

They lie, charmingly.

They steal, that is how they finance their addictions. They are masters at finding what you so carefully have hidden. They are like bloodhounds on a scent. If they even imagine you have something that they want, they will find it. They will have someone distract you so they can search.

They manipulate. They are Master Manipulators.

When TSHTF, these men will be desperate for anything that will fill their addictive needs. They will have very little to barter with. Once they know you have alcohol, they will descend on you in a pack. They never operate alone. They always pack. They will be armed because they will steal guns from others. They always can get a gun.

This is what I have personally observed.

If you resist, you will die. It is that simple.

Given my heartbreaking experience with the men from the Ranch, I urge you to reconsider having alcohol as a main barter item. Alcoholics and Meth Addicts are lawless. Alcohol feeds the same receptor sites in the brain as Meth. A Meth addict in need of a fix is a very dangerous man indeed.

I am stock piling matches, soap and other items from the Dollar Store. There is simply NO WAY I would have any alcohol on my property when events get ugly here.

It is funny, but we have done a lot of bartering since we had so much of our savings stolen. We have found of everything we have offered, soft onion/ chive goat cheese is the most popular item. Followed by chocolate goat's milk.

People go bonkers over the soft goat cheese. They go wild over chocolate goat's milk. Both are simple to make, and folks are really, really happy to take home a few containers of homemade goat's cheese, or a half gallon of chocolate milk.

We also have found that offering the use of our 4 x 4 pickup to neighbors and friends for their hauling needs has softened many hearts. It is a simple thing to do, and has opened many doors for us.

But by far, the most popular thing we have done is the homemade goat cheese.

Forget the alcohol, I am stocking up on Junket Rennet Tablets. Without them, cheese making is impossible.

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