Turd for Nobel Prize in 2013

283
Fri, Oct 12, 2012 - 11:31am

I mean, why not? Plus, I could use the cash!

First, Al Freaking Gore wins the Peace Prize for...what exactly? And then O'Bottom wins it...why again did he win it? And now, the sanctimonious Nobel Committee awards the Peace Prize to...The European Union? WTF?!? Don't you have to be an individual to win? Is this what Alfred Nobel intended? "Let's just reward and congratulate ourselves on being such wonderful and peaceful bureaucrats!". Seriously? Seriously. Oh well, the EU does need the cash. So, the campaign starts today. Screw the presidency, I want The Prize!

TURD FOR NOBEL PRIZE IN 2013

https://online.wsj.com/article/SB10000872396390444799904578051960191363312.html

One group definitely NOT deserving of any prize is The Evil Empire and their willing accomplices at the Comex. We've now had to endure Comex-opening beatdowns on 8 of the last 10 days. This is unbelievable and unprecedented. I don't think I've ever printed so many 1-minute charts and, frankly, I'm sick of it. Here are just a few:

And here are the "bloody gloves" from today's crime scene:

If I sound frustrated, it's because I am. These Comex games are enough to drive you to drink. We here know that physical metal is your only financial protection and investors worldwide are fast coming to the same conclusion. Regardless, the phony-baloney Comex paper price is still manipulated for the benefit of a select few. Whatever. Screw 'em. They'll get their comeuppance soon enough.

In the bigger picture on the longer-term charts, you can clearly see that they are making very little, actual progress. In fact, the shorts appear to be playing a losing game here. EVERY attempt to jab price lower is being met with stiff demand, not further selling. EVENTUALLY (soon), longs will be emboldened and, once some resistance levels are breached, the recent shorts will be forced to cover.

For now, keep your eye on $33.60 silver as this level has been attacked repeatedly this week and has held each time. Should a rally develop later today or early next week, our target remains $34.35. As, above there, shorts will begin to get squeezed and face capitulation.

And gold is looking to put in a "bowl" or "cup" shaped bottom on these charts. I'm always fascinated by these patterns when they come together as, when they work out, they almost seem predesigned and predestined.

Just two bits of reading today. First, Detlev Schlichter has penned another beauty: https://detlevschlichter.com/2012/10/we-are-on-the-road-to-serfdom

And our pal, Paul Mylchreest, has written up another lengthy report. Great stuff, as usual, and he was even kind enough to include a reference to some of our work here.

TRR28

OK, that's all for now. Please check back later as I will try to post some thoughts on the CoT when it's released. It should be somewhat interesting as OI declined over the survey week and we'll get some idea of just who was selling/covering.

Have a great day!

TF

About the Author

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

  283 Comments

Oct 12, 2012 - 2:46pm
Silver Alert
Oct 12, 2012 - 2:47pm

I'm not called "The Great and

I'm not called "The Great and Powerful Turd" for nothing...

Vermilion
Oct 12, 2012 - 2:50pm

Vermilion wrote:Democracies

Vermilion wrote:
Democracies do not wage war with other democracies...

That is a bit of a "hoary old chestnut" as well. In fact, I consider it one of those "Big Lies." We've all heard it so many times we've come to believe it is true. The reality is it is a dominant social theme used to promote the idea that democracy, even democratic republicanism, is a source of stability, prosperity and social order and that the only hope for world peace is to spread democracy, even if it takes war to do it.

Hans-Hermann Hoppe: Democracies Do Not Go To War?

BTW, this video is just an excerpt of a longer one cal​led The Origin and Nature of International Conflict. It can be seen here. The text of the lecture is available here.

People may get tired of me always referring to Hoppe, but to discuss political philosophy without a reference to Hoppe is the equivalent of talking about physics without referencing Einstein.

benque
Oct 12, 2012 - 2:53pm

09/11/12 Hat Contest

The list of all our predictions is now posted here:

https://www.tfmetalsreport.com/forum/4255/11912-contest#comment-576217

If anyone sees any errors or discrepancies, please inbox me and I will resolve them as best I can, as soon as possible.

slapped my head and added: Thanks so much to Terp for providing another set of the data to compare, and for putting it on a really snazzy web page!

https://www.whittierinvestments.com/turdville/

Good luck to ALL!!

benque

Anonymous
Oct 12, 2012 - 2:53pm

Removed comment

Removed comment.

Dyna mo hum
Oct 12, 2012 - 2:56pm

torpedo fish

I bet you $5 that Obama will not be re-elected. Whoever wins bet will donate to Turd for the maintenance of this site. What say you?

Istack
Oct 12, 2012 - 2:56pm
ag1969
Oct 12, 2012 - 2:58pm

How can Obama be re-elected....

when according to Barnhardt, he is getting assassinated on Monday?

Dyna mo hum ag1969
Oct 12, 2012 - 3:04pm

ag1969

$5 sez not to that also. lmao

Torpedo Fish
Oct 12, 2012 - 3:15pm

@Dyna mo hum

I agree.

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