Turd's Current Reading List

Tue, Sep 10, 2013 - 3:17pm

With many of you knowing that I'm such a voracious reader, I get emails from time to time inquiring as to what I'm currently reading. Here's what I've been reading lately.

First, with the 50th "anniversary" of the JFK assassination on the horizon, my interest in the conspiracy theories has been rekindled. Not wanting to re-cover the same territory, I went in search of some new material. First, I found this excellent piece of historical fiction from author Stephen Hunter:

And believe it or not, one of the foremost experts on the assassination is the actor, Richard Belzer. His latest book details all of the mysterious, untimely deaths of persons linked to the events of November 1963.

Moving on, you likely know that I'm a big fan of the "one man Death Squad" fiction genre. Whether it's Tom Clancy, Ted Bell, Vince Flynn (who sadly succumbed to cancer a few months ago), Brad Thor or Daniel Silva, I'm almost certain to hit Barnes&Noble as soon as a new release is published. If you haven't yet read the latest from Brad Thor, I strongly encourage you to do so immediately. It's right up your alley. Suspenseful but with a primary theme of corruption at The Federal Reserve.

And finally...I just bought this book yesterday and plan to crack it open tonight. Though I doubt that anything can rescue America from its descent into statist tyranny, the author vows to give it the old college try. OK, then. I suppose that the least I can do is read his book. Who knows...maybe he's onto something.

Have fun and happy reading.


About the Author

turd [at] tfmetalsreport [dot] com ()


Sep 10, 2013 - 3:26pm

I can only imagine

How long will it take until a disgruntled former moderator will materialize to chastise me for my right-wing, nazi reading list?...

Sep 10, 2013 - 3:38pm


Okay, 2nd

Sep 10, 2013 - 3:38pm

FIRST!!!! Well after the Chief Turd!

Thanks for the reading list Big T.

I always ask people who are smarter than me what they are reading. I recently had the opportunity to spend 3 days with a pretty high ranking civilian who works with the USMC in the Pentagon. When I asked him, he pointed me to the USMC reading list, which I did not know existed. Then he said, "But the book that everyone at the Pentagon is reading and discussing is not on the list. It is an old economics book called The Road to Serfdom."


Sep 10, 2013 - 3:47pm

JFK- Not sure who did it

But, I have stood in the window at the book depository. Ain't no way that one man with a bolt action rifle did it alone from that window.

Difficult to hold the rifle and fire towards the right at that angle. Impossible to get off 3 shots in 5 seconds, scoring 2 hits at a moving target.

Also, if Oswald did it from the window, he would have just passed up the straight on shot while the limo made the slow sweeping left turn. No way a marksman passed up that shot and then took the ones with the the car driving away.

Old arguments, but now way it went down the way the Warren Report says it did.

Green Lantern
Sep 10, 2013 - 3:47pm

Speaking of Nazi's

Russell Brand back in the news. 2nd time achievement for him having somebody post one of his appearances on TFMetalsreport.

Russell Brand booted from GQ Awards party after cracking Nazi joke at Hugo Boss’ expense (video)

It’s one thing to joke about fashion, but another thing to joke about a designer’s spotty past with Hitler.

According to reports, Russell Brand got the boot from the GQ Awards afterparty after making a wisecrack about Hugo Boss’s ominous past manufacturing uniforms for Nazis.

“Any of you who know a little bit about history and fashion will know that Hugo Boss made the uniforms for the Nazis,” Brand said while accepting his Oracle Awards on the GQ Awards’ stage. “The Nazis did have flaws, but, you know, they did look f–king fantastic, let’s face it, while they were killing people on the basis of their religion and sexuality.”

Brand seemed to confirm the unfavourable reaction to his joke in a tweet.

Boss’ connection to Hitler’s regime wasn’t revealed until the designer showed up on a list of dormant accounts released by Swiss bankers in 1997.


Video unavailable
Sep 10, 2013 - 3:52pm

Comex Default Risk Grows As Gold Inventories Plummet

COMEX Default Risk As Gold Inventories Plummet 36% Submitted by GoldCore on 09/10/2013 09:41 -0400

COMEX Gold Inventories, GOFO Rates and Leverage - (Bloomberg)

Gold tracked oil lower today after Russia offered to work with Syria’s Assad to put their chemical weapons under international control. Firmer equities and equities at record highs showed risk appetite remains very high and “irrational exuberance” is back despite significant risks, including geopolitical risk.

Other risks worth keeping in mind are the likelihood of the Eurozone debt crisis flaring up once the German elections on September 22 are over. It is worth bearing in mind too, the coming political and possible financial fracas over the U.S. debt ceiling - U.S. Federal debt recently surged over $16.9 trillion.

The immediate risk of a unilateral bombing of Syria has abated but there remains a real risk of confrontation in the region and the possibility of a wider war in the Middle East involving Iran and Israel and their respective allies. This will support gold and could contribute to materially higher prices.

However, of far more importance to gold is the very tight physical market place which is manifest in the negative gold forward interest rates, gold futures still in backwardation and perhaps most importantly plummeting inventories on the COMEX.

Comex gold inventories have plunged more than 36% year to date, creating a market more leveraged than it has been for the last nine years. Inventories are down from 11.059 million ounces to 7.034 million ounces today.

As gold fell in recent months or was manipulated lower, depending on your viewpoint, store of wealth interest in physical gold rose, elevating physical premiums. This has also given traders incentives to take delivery and sell paper gold.

This shortage of readily available physical gold in large volumes will likely lead to even higher premiums by lowering gold's forward rates, straining borrowers and raising the likelihood of something we have warned of for some time - a COMEX delivery default.

A COMEX default on delivery of precious metals and specifically of gold bullion bars remains a risk. It is of significant importance and that is why we have covered its possibility since 2011. A COMEX default would have serious ramifications not just for precious metals markets but for the wider commodity markets, for the U.S. dollar and all fiat currencies and our modern monetary system.

COMEX Gold Inventories, 5 Years (Bloomberg)

As long as gold remains in backwardation and COMEX inventories continue to fall the possibility of a COMEX default cannot be ruled out – especially as gold and silver bullion inventories are very small vis-a-vis possible capital allocations or foreign exchange diversification to gold in the coming weeks and months.

We believe that the sharp fall seen in emerging market currencies in recent weeks will lead to an increase in central bank demand for gold in order to buttress and support devaluing paper currencies.

COMEX gold inventories are down from 11.059 million ounces at the start of the year to 7.034 million ounces today. This is worth $9.66 billion at today’s prices meaning that a handful of billionaires or just one powerful creditor nation state with large foreign exchange reserves, such as Russia, could corner the COMEX gold market and cause a default.

Russia’s foreign exchange reserves are at $508 billion . Mainland China still holds the largest foreign exchange reserves in the world, with US$3.4967 trillion at the end of June. It is followed by Japan, which had foreign exchange reserves of US$1.1876 trillion at the end of July.

Gold In US Dollars, 5 Years - (Bloomberg)

The possibility of an attempted cornering of the bullion markets through buying and taking delivery of physical bullion remains real and would likely lead to a massive short squeeze which would see gold and silver surge to well over their inflation adjusted high of $2,500/oz and $140/oz.


Sep 10, 2013 - 3:56pm

And I just finished reading

I just finished reading 'Into the cold', about thermodynamics fueling the universe, men and nature. It was highly recommended by many and I recommend it highly to you. It's a book in the same league as Richard Dawkins 'The greatest spectacle'.

Sep 10, 2013 - 3:58pm

Hey Louie, Here's a Thought

You said: "I always ask people who are smarter than me what they are reading."

What a coincidence. Motley Fool does the same thing. Only Motley Fool never asked anyone . . .

Could not resist.

Back to work for me . . .

Sep 10, 2013 - 4:00pm

I had a unique window

Very interesting reading list, Turd!

I had a unique window into JFK assassination history, years back. Because I was privileged to know a man now deceased...

This man was the third(and completely unmentioned) figure who was indicted for the murder of President Kennedy.

His name was Gene Bradley. He wasn't mentioned by Oliver Stone in JFK, because the director had the decency to go personally interview Gene, and ascertained that he was simply a total patsy. Thusly, they mentioned a "3rd figure", but never used his name out of respect.

Mr. Bradley was a fascinating man. He was preparing to join the C.I.A. when it occurred; he was a young and fresh face.

He was simply at the wrong place at the wrong time.

But make no mistake: his life was nearly ruined before it began by such an accusation. Because he was innocent, and because he knew powerful men were behind a total cover up in this crime against America, he dedicated the rest of his life to researching and discovering who was behind it, and why.

He gave a talk many years ago at a school I attended. He explained that it had to do with silver certificates and the Federal Reserve. At that time, I thought he was fascinating, but had not the faintest clue what he was talking about!

Not 1 in 100,000 folks have ever heard the name Gene Bradley, but now you all have. He was a soft-spoken gentleman, a tireless proponent for truth and freedom, and a humble man of God. I hope to be very much like him in my older years...

If y'all would like to read him in his own words...here's an interview I found that he did years ago. God rest his soul.


Sep 10, 2013 - 4:22pm




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