Summer 2013 Begins

Thu, Apr 18, 2013 - 11:32am

The calendar may not say so. Mother Nature may not agree. But, tonight, summer of 2013 begins and it picks up where summer 2012 failed to go.

Let's take a walk down Memory Lane, shall we? Let's start here with our old friend, Blythe Masters. In April of last year, she appeared on CNBS to "explain" the JPM position in silver. Watch this carefully, being sure to note how Ms. Masters characterizes JPM's business practices.

Blythe Masters Refutes Claims that JP Morgan manipulates silver markets

Prices stabilized through the early summer but failed to mount a rally. On August 7, 2012, the Wicked Witch and Ruprecht stopped by TFMR once again. The Witch was feeling quite pleased with herself, gloating after a successful beatdown of price from $37 to $26.

The Wicked Witch Celebrates Her Victory

The very next day, yours truly crafted a strange post. No charts. Not even any text. Just a video from the 1950s. "Weird. Ole Turd must be losing it."

Then, just four days later, he did it again. Another weird post with just a music video. How strange. "The guy is clearly going over the edge and into the abyss."

Was Turd trying to warn us of some impending event? It sure seemed like it but...then...nothing happened. In fact, summer ended in September and though the metals had rallied significantly, no sane person would categorize the move as "hot" or "explosive" and certainly not "historic".

Wow. Looking back over that post, Turd almost seems delusional. Over-confident. And, as it has since played out, DEAD WRONG. I mean, even a blind squirrel finds a nut every once in a while. Ole Turd's about as useful as a dead squirrel. Wait a minute...Maybe he's the nut?! That's it!! Bat-shit delusional, that Turd. Quixotically tilting at windmills and with a serious megalomaniacal complex to boot!

After a little down time, The Wicked Witch showed up again. This time, she had her new boyfriend, Thunderlips, in tow. If you thought she was unbearable back in the summer, she was over-the-top now.

The Wicked Witch and Her Boyfriend

More time passed and Turd seemed to grow despondent. Despite the overt QE of $85B/month, prices continued to be managed lower. Having some time to reflect over the holidays led Turd to post this:

But the winter only got colder and it seemed to drag on forever. Finally, a few weeks ago, The Turd began to regain some optimism. No more delays. No more waiting. "Take the fight to them", Turd said. "The War is about to get hotter", Turd claimed. A week ago, a post was written that concluded with this paragraph:

"Finally, you're probably wondering about the title of this thread. Does it have any deeper meaning? Why, yes it does as a matter of fact. I announced in the comments of the Saturday thread that I had a new theme song. It's off of the new CD from the great Bruno Mars. The title is "Natalie" but when I hear it, instead of the three syllables of Nat-a-lie, I think "Blythe Mas-ters". Now, of course I realize that our old nemesis, The Wicked Witch, has moved on to greener pastures within The Morgue. Regardless, she's the one who put her face on CNBS a year ago and proudly proclaimed that JPM is "simply helping their clients" and that their positions are "fully hedged". Oh, really? Hmmm. Well, as President O'Bottom likes to say, the project is "shovel-ready". I hope to break ground by late next week. (And please, this is all metaphorical and figurative. I'm not threatening anyone with physical harm. Just like how Bruno isn't out there hunting down some ex-girlfriend named Natalie. It's just a song...and a darn good one, at that!)"

Video unavailable

Which brings us to today/tonight. At 9:00 p.m. EDT, the Canadian Broadcasting Company will air a program called "The Secret World of Gold". You've probably heard about it by now. You should make every effort to watch it. Canadian Turdites can watch it directly through their televisions or computers. The rest of us can try to access it directly by using any number of IP masking software such as that available here:

Here's a little more background, published this morning by The Montreal Gazette. Yes, those who think that Andrew Maguire is simply the make-believe friend of high-level gold bugs are going to be disappointed.

But that's not what all the hubbub is about. What is it about? Well, I guess we'll just have to watch and see.

You're likely asking yourself these questions:

  1. Has Turd already seen this documentary and is he sure that it contains everything he hopes it contains? Answer: No, I haven't seen it. I am hoping against hope that it really does contain everything that I'm expecting it to contain. I guess we'll know for sure in a few hours.
  2. Is this information that will immediately move the markets? Answer: Probably not so don't get your hopes up.
  3. Could this film be the impetus of a "hot, explosive and historic" summer of 2013? Answer: I'd like to think so but, given the depth of corruption at all levels, don't make my mistake of getting your hopes up too high.
  4. I don't live in Canada so how will I ever see it? Answer: Here I appeal to you, my dear reader. Surely, a reader of this from Canada will have the technical wherewithal to record the program and immediately post it to YouTube. A little help?? (And stop calling me Shirley.)

So there you have it. For what it's worth, you should at least be glad that there are folks out there who are tired of the lies, the manipulation and the deception and the negative economic impact that all this is having upon millions, to the benefit of a few. We are trying to fight back. Let's just hope that this evening's program gives us some momentum.


About the Author

turd [at] tfmetalsreport [dot] com ()


Apr 18, 2013 - 12:55pm



Apr 18, 2013 - 12:56pm

High Hopes

It is Thursday

Apr 18, 2013 - 12:57pm

go fourth and prosper

ok now i will read the thread

Apr 18, 2013 - 12:59pm
Apr 18, 2013 - 1:00pm

Precious Metal v. Paper

Definition of PRECIOUS

1: of great value or high price <precious jewels> 2: highly esteemed or cherished <a precious friend> 3: excessively refined : affected <precious manners> 4: great, thoroughgoing <a precious scoundrel> Paper money is printed literally by the TRILLIONS (1,000,000,000,000) each year. It might take longer than we all want, but only a MORON (Paul Krugman) would bet against the rise of something precious compared to something of unlimited supply. It won't end well for the masses, good thing we SEE through the crap the TPTB are trying to feed everyone.
Apr 18, 2013 - 1:00pm

RE: CBC Broadcast

Mr Fix, I haven't tried it, but you might try installing the Tor anonymizer to get you around the censors. It hides your IP address.


Apr 18, 2013 - 1:01pm

A fair question ye ask

I want to know.

Is there a large physical market where 2000 per oz is being paid for gold? We have assertions both ways, but very little reasoning, and no evidence.

Money laundering makes sense... I happen to know from personal experience of watching it on TV that one must pay a 30% cut to have your money laundered. It also is reasonable that one can buy good delivery bars and take delivery on the Comex or LBMA. But how many before they call you in to "splain" some things. Will they deliver 100 tonnes? If so at what price? And is there a secret market for tonnage that Central banks and sovereigns use to shuffle all that metal that is leaving the GLD each day?

And while I am at it, I want to know the truth about Roswell, and Bigfoot.

Will we ever know such things? Will historians ever explain the truth, and my grandkids will read a book when they are in their fifties and slap their forehead and say, "So that's what Gramps was talking about--that's why he left us that stack of old coins and bars, bless his soul...crazy old coot wasn't so crazy after all."

Apr 18, 2013 - 1:02pm

Shelter from the Storm

Thanks for all you do TF.

Apr 18, 2013 - 1:04pm

Silver premiums

For some reason a person was asking if there was any evidence of increasing premiums.

Of course there is, but he's too lazy to do his own research!

If you've been actually in the market over the last ten years, you would understand how stupid that question really is!

Loud Noises
Apr 18, 2013 - 1:05pm

My concern

My concern, which TF does allude to as well in his post, is this:

Now that the cat is out of the bag, we are assuming that this CBC thing will be enough to change the status quo in PM markets. I am as hopeful as anyone, but considering what we are seeing around the world, confiscation of savings, the LIBOR scandal, everything, why do we believe that ANY sort of INFORMATION is going to help? I think our only hope will be the total stripping of supply, because information is basically no longer valid to today's mainstream.

To be honest, I was hoping that the whole HEH talk going back to last year would have been based more on forcing players' hands somehow, not disseminating new information to a public and governments that clearly don't care.

Don't mean to be a downer, those are just my thoughts. I will be busy at the time it airs so I offer an infinite number of hat tips to whomever can provide a Youtube link to watch tomorrow!!!

Key Economic Events Week of 10/21

10/22 10:00 ET Existing home sales
10/24 8:30 ET Durable Goods
10/24 9:45 ET Markit flash PMIs
10/24 10:00 ET New home sales
10/25 10:00 ET Consumer Sentiment

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Key Economic Events Week of 10/21

10/22 10:00 ET Existing home sales
10/24 8:30 ET Durable Goods
10/24 9:45 ET Markit flash PMIs
10/24 10:00 ET New home sales
10/25 10:00 ET Consumer Sentiment

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

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