Marking Time

333
Wed, Oct 24, 2012 - 10:13am

While we await word from The Bernank and his Goons, here's some stuff to help you pass the time.

As you likely know, there's an FOMC Meeting going on. It wraps up later today and The Bernank will then issue his "Fedlines" at 2:15 EDT. What will they say? Will there be something contained therein that initiates a short-covering rally? We'll see...

In the meantime, here's some stuff to keep you amused. First, I was interviewed twice yesterday and both links are below. Though I'm still just a dope with a Macbook, there might be a few nuggets in here worth noting. The first interview was with Jason Burack of https://www.wallstformainst.com/. It's about a half hour in length.

Turd Ferguson of TF Metals Report- Gold & Silver Correction Almost Over Big Move Coming In 2013

Then, last evening, Rahul at https://www.altinvestors.com/ spoke with The Doc and I again.

Video unavailable

Lastly, I've posted a few links from "Trader Garrett" before and here's another. In this post, Garrett sees many of the same things we see here and projects some optimism for the days and weeks ahead.

https://marketpendulum.blogspot.com/

That's all for now. I'll be back with an update after the Fedlines.

TF

2:30 pm EDT UPDATE:

<yawn>

I could recap the Fed non-news but why bother? Instead, here's something fun. From my pal "Big Red" in Virginia, "Prepper Rock"!!

EXCLUSIVE 'Gettin' Down on the Mountain' by Corb Lund

About the Author

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turd [at] tfmetalsreport [dot] com ()

  333 Comments

  Refresh
Oct 25, 2012 - 8:18am
Keg
Oct 25, 2012 - 8:16am

Not just Ford in the UK

A few job cuts I've seen announced this week:

Dupont 1500

Dow Chemical 2400

Zynga 5% of workforce (did not see a number)

indosil
Oct 25, 2012 - 8:16am

@recaptureamerica

I guess..it will take off at Globex on a Sunday Evening....after the elections.....At the moment Silver is just takin trial runs...just revving it's engine before the blastoff..so rt now in just Stackin The Smack

Oct 25, 2012 - 8:14am

Currency war news:

Brazil central bank sells 28,300 reverse swaps at auction

Oct 25 (Reuters) - Brazil's central bank on Thursday sold nearly all reverse currency swaps it offered in an auction as part of its strategy to prevent the Brazilian currency from gaining past 2 reais per dollar. .... https://www.reuters.com/article/2012/10/25/markets-brazil-swap-idUSE5E8K...

Groaner
Oct 25, 2012 - 8:11am

COT will be interesting to see if the commercials have

been covering at these levels.. especially in silver..

recaptureamerica
Oct 25, 2012 - 8:09am

Indosil, makes one wonder

Indosil, makes one wonder When liftoff is...

indosil
Oct 25, 2012 - 8:08am
Groanerbabaganoush2307
Oct 25, 2012 - 8:07am

Get a grip? On that

Get a grip? On that handle..

it looks like $1720 which was support will be defended.. or we blow through it.

babaganoush2307
Oct 25, 2012 - 8:04am
they shoot horses dont theyGroaner
Oct 25, 2012 - 8:02am

Well done Groaner

Just had to give my support for this piece that you have written about what is the truth. well done your bro in faith.

They Shoot Horses Don't they.

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5/18 2:00 ET Goon Bostic speech
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5/21 8:30 ET Philly Fed
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