Tue, Oct 23, 2012 - 10:19pm

As we all sit in angst, watching the metals trade tick-by-tick, I have something rather timely for you.

I want to thank Dr. Dave Janda for making me aware of this video. It was posted to YouTube on Saturday but I have no idea when it was produced. That hardly matters. The subject matter is relevant and consistent with all of the themes here at TFMR.

As you know, I am convinced that the world will soon return to some type of gold-backed monetary system. This is not optional and it is not subject to debate. The creditor nations will, one day soon, enforce this system upon The West. To this end, China is rapidly accumulating gold, the latest summary appearing yesterday at ZeroHedge (

One of the leading proponents of the "Currency War" theory is Jim Rickards. In this video, Jim discusses the "war game" sessions in which he has participated where possible currency war scenarios are played out. You'll find the video thought-provoking and educational but you'll also find it to be timely. As The Cartels play their paper games and lead the spec money by the nose to their desired end, we must stay focused on the bigger picture and continue stacking metal in preparation for the inevitable outcome. Whether that end comes via the scenarios laid out here by Rickards is insignificant. The end of the current global monetary system IS coming. At least you, my dear reader, have been forewarned.


Jim Rickards: Currency Wars Simulation

About the Author

turd [at] tfmetalsreport [dot] com ()


Oct 23, 2012 - 10:25pm


Things looking up tonight. Oil recovering, metals too.

Oct 23, 2012 - 10:25pm

I watched this earlier today

Very interesting and awakening. I wondered when you would post.

Oct 23, 2012 - 10:31pm

Thank You Sir May I Have Another!

That's what it feels like watching the metals get waterboarded!

BUT... maybe just maybe there is a growing percentage of folks who are getting used to the smack downs and are taking advantage...

Oct 23, 2012 - 10:36pm

This was posted on this site the other day and....

I think Rickards, among a few (very few others) are the ones who have this macro picture licked and literally are helping to telegraph the very near future to those paying attention. Rickards tweet today from the Gold Symposium in Australia....China buying all the gold mines in Australia they can, only slowed by the pace at which paperwork can be completed as they know, the power of the pen is mightier than the sword.

He has the blueprint, that exists as we speak, unveiled for all to is know just a matter of when China flicks the switch so to speak....or will we do it intentionally before them to beat them to the punch and have "some" control over the destruction.



Oct 23, 2012 - 10:39pm


To Big Bird

Scary stuff. Great thoughts before bedtime...May God Bless us all.

Oct 23, 2012 - 10:43pm

Loved Currency Wars.  Helps

Loved Currency Wars. Helps you to overcome normalcy bias with respect to our present currency.

Oct 23, 2012 - 10:44pm

Thanks Turd!

Thanks for posting that Turd.

Oct 23, 2012 - 10:44pm

Richards is one smart cookie

Thanks, TF.

And that folks, is the Big picture!

Oct 23, 2012 - 10:47pm

Currency war time military might

Currency war time military muscle, who's pumped up? Top 10

Oct 23, 2012 - 10:54pm

Full movie here

Full movie here

Video unavailable
Dr G
Oct 23, 2012 - 10:55pm

A bit off topic, I'm posting

A bit off topic, I'm posting it here and also in the thread in the conspiracy forum:

Just glad we finally have reached the conclusion that Wynter is a pimple-faced high-school (drop out?) kid posting from his parent's basement. I feel vindicated in this regard.

Oct 23, 2012 - 11:01pm

The worst of times,

The worst of times and the best of times I say, "Angie ain't it great to be alive"

Oct 23, 2012 - 11:10pm


Now is the wynter of our discontent

Mr. Fix
Oct 23, 2012 - 11:13pm


Thanks For the note.

I keep thinking that it does not end well.

(It's just how I think.)

Urban Roman
Oct 23, 2012 - 11:27pm

One little nitpick ...

If the Dow plunges, wouldn't Pigatha have a woodie? I mean, like it or not, there's still the perception of the dollar as a store of value. Not that you could buy anything with it, since the shelves at Mall Wart will be empty within hours of any monkey business from China.

Oct 23, 2012 - 11:36pm

its gotta be a good time to buy.......

the tits index is below the belly button this week......

Oct 23, 2012 - 11:37pm

BTFD - oops, not so fast...

Headed over to Gainesville Coins tonight to pick up a handful of British Sovereigns (my fav way to stack - more on that below) in an attempt to BTFD and beat the Bernanke to the punch tomorrow, and lo and behold "Temporarily Out of Stock" on the early (pre-1933) common date Sovereigns. I don't fancy the newer dated ones. Hmmmpphhhh. Either a) they have some but figure we're near a bottom and won't sell what they have, or b) they got cleaned out by other BTFD-ers like me. They have some 1/2 Sovereigns, but they aren't my cup 'o tea. Too small to get me excited, if you know what I mean.

First time in my 3 years of stacking that GC was out of older common date British gold. Same for the older French 20 Francs.

My thoughts on stacking via the older date British Sovereigns are:

1 - they are the most commonly minted gold coins pre-1900

2 - they can plausibly be claimed as having some numismatic value (more so than straight-up bullion coins like maples, eagles, Krugs, etc.)

3 - they carry a very low premium above spot

4 - they are recognized worldwide

5 - probably too small at roughly 1/4 oz to really be subject to a bunch of counterfeiting

6 - are relatively low denomination in terms of fiat (say $450 USD or so), not like having to drop serious fiat on kilo bars or something

7 - are easy to lose in boating accidents

8 - can get lost in lots of interesting places, like behind couch cushions

9 - are fairly common at the LCS, and seem to be the red-headed step children there (no offense intended to red-headed peeps)

10 - historically, confiscation of gold has excluded collector's items - i.e. those with numismatic value - I'll plead ignorance and claim my stack of common dated European gold that is pre-1900 have great numismatic value due to their age / condition.

Most importantly, I trudge over to my LCS every Sat AM while the kids are at dance class, and pick up a Sovereign with cash. No electronic footprint on those. The Gainesville Coins purchases obviously leave a paper trail, but unfortunately, they tend to be the ones most likely to fall out of my surf trunks while hanging 10.

The ones from the LCS without the paper trail tend to get lost during my "midnight gardening" episodes. Something about gardening in the dark with a few Sovereigns to keep me company make my week.

Oct 23, 2012 - 11:39pm

BTFD - oops, not so fast...

Duplicate post - pls ignore

Nigel Black
Oct 23, 2012 - 11:47pm
Obama Bin Lyin
Oct 23, 2012 - 11:49pm
Colonel Angus
Oct 23, 2012 - 11:51pm


I'm guessing that kitco will drop that off later tonight before everyone wakes up. It looks like silver took a Viagra and then didn't have the four hour problems that could cause it to have to go see a doctor. We'll see what happens tomorrow. It will probably just be a figment of our imagination by then.

(Or Wynter Benton will claim that is what they were able to do...)

Oct 23, 2012 - 11:52pm

good timing

just as I was watching the video the kitco bug made me jump off the chair :)

El Gordo
Oct 24, 2012 - 12:00am


That spike was just an instant before I hit the buy button on my order and immediately returned to its normal level after the charge had hit my credit card.

Oct 24, 2012 - 12:00am


Oct 24, 2012 - 12:01am


i blame the mouse

Oct 24, 2012 - 12:08am
Oct 24, 2012 - 12:21am


Speaking of timely:

"It always amazes me how gullible the metal stackers are, and how we reach for any kernel of truth in a trough full of crap."

- Dr. G

To lock in your Currency Wars Defense Blueprint, go to

But who cares about the scumbag behind this little production, if it fits the narrative. Great business plan.

You reap what you sow.

The Watchman
Oct 24, 2012 - 12:22am
The Watchman
Oct 24, 2012 - 12:34am
Oct 24, 2012 - 12:37am

Good Night .. I guess.

Oh crap - what a "great" clip to watch just before going off to beddie byes. Now I really do feel nauseous.


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