Marking Time

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 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 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.

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


2:30 pm EDT UPDATE:


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

turd [at] tfmetalsreport [dot] com ()


Oct 24, 2012 - 12:06pm

This may have been up before but very well worth watching

Extraordinary Popular Delusions And The Madness Of Markets
Oct 24, 2012 - 12:09pm

why didnt the crooks go for the juggler vain?

at $1700? did they see there were more buy stops then sells there? Or they know what the Bernank is going to say?

not over yet, keep my big mouth shut.. with the market going down the pig is going up again.

Oct 24, 2012 - 12:10pm

small gap

I'm wondering if that small gap from 31.54-.58 is going to get filled on a plunge, and if that could be a run to break 31.50 while it's headed down and has a bit of momentum.

ETA: FIRST!..on a new page...does that count?

Oct 24, 2012 - 12:12pm

I think they are perfectly capable

Of bringing silver below 31.50. People were claiming they could not bring gold down past 1750. Seen the price of gold lately? Dont fool yourself, these people are MUCH stronger than physical holders as of now. They can do almost whatever they please as of now. Will this change? Probably no time soon. Its their price platform and they control the price. Yes, silver could completely run out and Im sure they could still run the price even in that case. Its only until someone else sets the price that this will not be manipulated like it is now. In the meantime, they set the rules and control the price. Hopefully next year turns out better for us.

Oct 24, 2012 - 12:12pm

Before It's News Video ....

Turd, it sure looks like UFO's to me.

Five years ago if someone told me Gold & Silver were manipulated and our current monetary system was doomed I would have looked at you like you were freaking nuts.

According to John Kettler ( there is a UFO war going on in the Pacific right now. I'm not saying I believe this but given the time we live in who freaking knows? Perhaps in five years time we all will have a different perspective on UFO's and off world lives in general?

Mr. Fixrl999
Oct 24, 2012 - 12:13pm

@ rl999

"ETA: FIRST!..on a new page...does that count?"


I'll hat tip that.

Oct 24, 2012 - 12:15pm

@ Turd RE: NASA video

you know, NASA most probably does not want that video destroyed. Simply because no matter what we see in it, it still could be just about anything they want it to be. It's very low resolution, low bandwidth and low spectrum.

Oct 24, 2012 - 12:21pm


Strikes me that milenia later, we're still at war and in
our our arsenal of gadgets, a neat little dimensional device that allows us to mess with the past.

Strange though, that we're still using optically visible weapons.

Oct 24, 2012 - 12:23pm

NASA Video

Looks like some UFO,s flying around especially those that stopped.

Oct 24, 2012 - 12:25pm

TF's nasa video

maybe that was the silver chart of the future?


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