Time For A Break

613
Tue, Jun 25, 2013 - 10:58am

You know how they say that dogs can sense an impending earthquake? Don't you kind of feel that way these days? I know I do.

First, it seems that everything is down. Stocks. Bonds. Commodities. Every currency. If there's a market for it, it's being sold. The only thing that is consistently rising this past week is The Pig. And once those dollars are bought, where are they going? Apparently nowhere. Very strange. Almost ominous.

Then you've got very knowledgeable folks like Bill Holter at MilesFranklin blaring the alarm with columns like this: https://blog.milesfranklin.com/the-great-unwind-has-finally-arrived and this: https://blog.milesfranklin.com/the-button-has-been-pushed-ready-or-not

We've got Santa, who is clearly very, very nervous. He's practically begging you to meet him somewhere for a discussion: https://www.jsmineset.com/2013/06/24/chicago-vancouver-and-scottsdale-qa-session-tickets-still-available/ And he keeps posting messages urging you to Get Out of The System (GOTS) as quickly as possible. Just yesterday, he linked two articles which you really do need to take some time to consider:

https://www.leap2020.eu/GEAB-N-76-is-available-Alert-for-the-second-half-of-2013-Global-systemic-crisis-II-second-devastating-explosion-social_a14266.html &

https://www.valuewalk.com/2013/06/u-s-banks-crisis-plan-fed/

There are items such as this, which I found at ZeroHedge: https://kunstler.com/clusterfuck-nation/mid-year-digest/

And Chris Martenson, who I know to be a very wise and sober fellow, got into the act, too: https://www.peakprosperity.com/blog/82210/everything-being-sold

So here we are. Look, I don't know if the financial world is ending this week or next or even this year, but I do know that the current system is unsustainable. To that end, your only financial protection is the physical possession of gold and silver. Not paper derivatives. Not ETFs. Not a basket of mining stocks. Physical metal, in your own two hands.

For those of you upset about the current, eight-month decline of fiat-conversion value, I'm sorry. If having gold and silver consistently move higher in terms of dollars would make you feel more comfortable, I regret that that hasn't happened for you. If you are sitting upon unrealized losses which makes you feel uncomfortable, I apologize and I wish I could make it different for you. But I can't.

However, you need to remember that we live in extraordinary times. Those spouting disinformation about the future price of gold are either hopelessly misinformed or deliberately trying to mislead you. The global forces at work behind the scenes have been in control and remain in control of the paper metal market. The past eight months have been a coordinated effort to crush price, thereby freeing physical for immediate delivery and allowing The Bullion Banks to cover paper short positions, transferring the future risk and liability to the Specs. This has now been accomplished and I firmly believe that we are very near a price bottom.

One day, very soon, paper price will reverse and head higher. Then, one day in the future, paper price will no longer exist as price resets multiples higher with the emergence of a new global financial paradigm. Please understand: THIS IS NOT AN OPPORTUNITY FOR "PROFIT". This is simply an opportunity to protect and defend all that you have accumulated to this point in your life.

To that end and to personally prepare, I'm going to be taking a few days off. Over the next two weeks, I'll still post from time to time but I'll also be sharing some "guest posts" from a handful of your favorite site regulars. Then, come next month, I plan to make a few changes to the way we do things around here. Nothing earth-shattering but necessary changes, nonetheless.

In the meantime, stay alert. Now is not the time to be complacent. Trust your instincts and use your brain. Double-check that you have acquired enough physical metal and consider buying even more. The End of The Great Keynesian is upon us. Please continue to prepare accordingly.

TF

About the Author

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

  613 Comments

Roark
Jun 25, 2013 - 10:21pm

There it is. 18

There it is. 18.99

Occasnltrvlr
Jun 25, 2013 - 10:27pm

About English

I had the pleasure of doing a little teaching of English in PRC. I specifically asked if the students (all well advanced, adults) would prefer I use British English or American English. ("American" was the consistent answer, but perhaps they were just being polite.)

In the [British] text we were using, there was an example of the phrase "How did you find..." in the sense of "What was your opinion of... ." A student pointed out that it didn't seem to make sense, because the person in the example wasn't looking for the thing in question. I smiled and said that he was correct; an American English speaker would not use that phrase for that purpose, because one typically finds something by looking for it, which naturally wasn't the proper answer at all.

One of my odd pleasures is the chance to meet and converse with cute, young full-blood Chinese women who speak with thick British accents. Inside, I am laughing my ass off, as my mind works to reconcile the appearance with the sound.

Cheers!

Spartacus Rex
Jun 25, 2013 - 10:29pm
pforth
Jun 25, 2013 - 10:30pm

Ouch

A .60 drop now hurts a lot more one a percentage basis than a .60 cent drop from 33.

Hammer
Jun 25, 2013 - 10:31pm

This could be one of those

This could be one of those 100 down days.

Roark
Jun 25, 2013 - 10:34pm

Angry Birds

Sitting here watching Netdania's app on my iPhone and had it set to "ticks", "line graph", and "100 units". When I looked away for a minute and then looked back at it, I found myself wondering "now who the hell is playing Angry Birds in monochrome on MY phone?". :)

Mickey
Jun 25, 2013 - 10:39pm

whike we worry about metals

ponder this--as we learn what's in Obamacare we find the IRS is going to keep a database on all of us-health, personal data, tax returns, income, everything-

Orwellian

Occasnltrvlr
Jun 25, 2013 - 10:39pm

I Am REALLY Sorry...

...for anyone and everyone feeling pain from this. I'm underwater too, and I'm reluctant to calculate by how much.

Remember: NOTHING HAS CHANGED. The reason you spent $1900/$49 is the same reason you hold it in you hands right now.

If somebody else is angry with you, they never understood your point in the first place.

If somebody thinks you're nuts, just keep remembering that you're prepared for contingencies, and they aren't. Keep in mind that account holders in Cyprus and at MF Global thought you were nuts, too.

Spartacus Rex
Jun 25, 2013 - 10:41pm

Modern Day Master Alchemist. I Can Turn PAPER Into Gold!

Tomorrow looks like time for more Presto, Change O

tmosley
Jun 25, 2013 - 10:43pm

It will end when paper gold

It will end when paper gold and paper silver are recognized as worthless, either by default, or by a 0.00 spot price.

That is when the fireworks start in the now desert of the real.

Desert of the Real

Eventually, when we wake up, after having died, and get over ourselves enough to stop measuring our value according to their rules, everything will change:

VideoQuote: Neo Says "No"

At that point, everyone will see and understand that the garbage we are fed every day is just a bunch of FAKED NUMBERS.

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