Turd on with Future Money Trends

Fri, Aug 22, 2014 - 11:26am

About the Author

turd [at] tfmetalsreport [dot] com ()


Aug 22, 2014 - 11:31am


I need a fist-bump.

Aug 22, 2014 - 11:54am

Bart Chilton changes tune, takes HFT assn. job . . .

Imagine that!

"The switch is a dramatic example of a regulator becoming a paid consultant for an industry he once criticized—and it says as much about how the high-frequency trading industry is changing its approach as it does about Washington's often-criticized revolving door.

Chilton, who left the CFTC earlier this year, joined the law and lobbying firm of DLA Piper as a senior policy advisor in April. On Thursday, the Modern Markets Initiative announced that Chilton and DLA Piper will work with the association's newly appointed CEO Bill Harts on "regulatory and public policy matters."

Both Ted Butler and I thought he was a good guy until we realized that although he talked the talk, there was no way he was ever going to walk the walk. Now he's just another paid whore for Wall Street. "


Aug 22, 2014 - 11:59am


Aug 22, 2014 - 11:59am


I'll take it!

ed. ooops, make that 4. Nothin wrong with that...

Aug 22, 2014 - 11:59am

You got it!

But according to this video, "fist bump is out!"

Budweiser - Fist Bump
Aug 22, 2014 - 12:01pm

Ted Butler's latest on silver . . .

"The stage is set for something the world has never experienced previously - an asset bubble accompanied by an industrial shortage. The two greatest upward price forces known to man, an asset bubble and a genuine commodity shortage, appear set to combine in silver. Either one alone would have a profound impact on the price, but the combination seems both inevitable---and almost impossible to contemplate in terms of how high the price of silver could be driven. It’s hard to see how intense investment buying wouldn’t trip off industrial user attempted inventory stockpiling, or vice versa---and it doesn’t matter which comes first. - Silver analyst Ted Butler: 20 August 2014"

From Ed Steer/Casey Research site.

Aug 22, 2014 - 12:14pm

Dr J

wow, kinda like the investment version of the meth head progression booking pics, is this our future?

Aug 22, 2014 - 12:14pm

"Craig"?? from "T"fmr.. talking metals? oh the inhumanity :-)

"Turd!!!" hearing him call you "Craig" ... it was like hearing a little kid call their parents by their real name instead of "Dad" or "Mom".

Never let 'em dethrone ya Turd,, It's the secret sauce!!

sierra skier
Aug 22, 2014 - 12:17pm

OH Boy

Take a look at that spiffed up photo. Dressed to kill. Now to listen.
I have a suit also but only wear it for weddings and funerals (once to a share holder meeting).

Aug 22, 2014 - 12:17pm

Adjusting to the new normal

I have been at this site since its inception. I read ZH religiously. I have a financial services background. I own my own business. In the beginning, based on what I read and what I thought I knew, I was absolutely convinced this country was on the road to ruin with the event horizon at hand. I “prepared accordingly”. After crying wolf with all of my friends and family for a couple of years, I decided I probably knew “what” but not “when”. I decided I wasn’t going to change anyone’s beliefs and quit being proactive. This spring I posted here after I returned from a vacation that I had come to the conclusion the world would move on whether or not I had my underwear in a knot about it. It has now been about 6 months since that revelation and my life is now returned to near normal. I occasionally skim ZH for headlines and simply decided to be infinitely more skeptical of what I do read. Do yourself a favor and go back and reread the hot topics of the day/week/month in your blogs from a couple of years ago. Almost nothing that was predicted has come true. Every time the US Fleet moved, we were going to have the next world war. Didn’t happen. Greece came and went without the banking system collapsing. The European debt dominoes didn’t fall taking down the Euro. The POS didn’t collapse and send gold to the moon. Everyone said QE would never end. They were wrong. If all the soothsayers on the web had been correct, the S&P would be at 600, gold would be between $2,000 and $5,000, oil would be at $200/bbl and commodities so high nobody could eat. They absolutely couldn’t have been more wrong. Take a look at what these people said about FB a couple of years ago. They all KNEW Face Plant was going to be an abject failure. They couldn’t stop talking about it. It’s up almost 400% from the point they predicted failure. They don’t talk about it anymore. Additionally if they had been right, we’d be fighting a world war in the Middle East while forming local neighborhood militias to fend off the hoards of city dwellers fleeing the collapse of the cities. The auto industry would not be selling any cars, the housing market would be languishing in a sea of inventory and banks would have confiscated most of our money and so on and so on and so on. My point is this. We live in a different world. Things are going to happen, some good, some bad. When and what happens is merely a guess, not even an educated guess. The last four or five years have proven this to be the case. I have not joined the ranks of the willfully ignorant. I can’t ever go back there. However, obsessing over the daily grind of the news is a waste of one’s time and emotional energy. I’ve learned obsessing over TEOTWAWKI is too. As has been stated over and over and over again, own some precious metals as insurance against a collapse of the system. But treat it like you would an insurance policy for your house. Buy it and forget it. You don’t sit in your yard all day staring at your house waiting for it to catch fire. Try to relax and enjoy life. Go back to that time when you heard the term black swan and you thought of a bird.

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Key Economic Events Week of 8/19

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Key Economic Events Week of 7/8

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6/18 8:30 ET Housing Starts and Building Permits
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