Turd on Crush The Street

Recorded last Wednesday, this interview with Ken Ameduri of Crush The Street turned out quite well. I think you'll enjoy listening.

Among the topics Ken and I discussed:

  • there is no "stock market", instead just HFT computers trading against each other
  • how the primary algo pair, the USDJPY, affects nearly everything that "trades"
  • the genesis of the 2016 rally in gold and silver and where prices may head from here
  • why silver has failed to rise in price at the same rate as gold

Again, this interview flowed pretty well and covered many of the topics we address here on a daily basis. I encourage you to give it a listen and then pass the YouTube link along to your distribution list.

TF

59 Comments

Mr. Fix's picture

FFFFFIIIIIIIIRRRRSSSSSSTTTTT!!!!!!!

cheeky

LostMind's picture

Second

Oh yeah...

Marchas45's picture

4Thhhhhhhhhhhhhhhhhhh

Nope 3rdddddddddddddd

Lucky Sunday. Shit I forgot I wasn't going to do this anymore. O! Well Keep Stacking

2c piece's picture

3rd

Marchas I took 3rd so you could hav e fourth.smiley

Kuchek's picture

Fif

Fif

canary's picture

Low Shanghai withdrawal (last month)

Possible explanation.

Most Chinese are conservative. They don't like to chase the price on way up...and don't have to. They're in quite comfortable position (like some of us) since they've accumulated a lot of gold already....and will be back on pullbacks.

The Chinese will not be as desperate as the Western investors ....in the not to distant future.  

canary's picture

Double

Turd Ferguson's picture

Nice to see silver make back

MODERATOR

Nice to see silver make back all that it lost on the Friday Globex. Gold within $2 of its Comex close, too.

Turd Ferguson's picture

So much for that

MODERATOR

Cartel raid begins?

Gold smashed back $10. Silver smashed 0.25.

Simply ridiculous how the "price" of gold is "discovered". $10 down, $10 up, then $10 back down. All when no one with any real gold to buy or sell is paying attention. What a joke.

MiningJunkie's picture

Cartel is about to make their move

The gold bulls are WAY too cocky...

Johnofg's picture

If your a bull

If your a real bull, you can afford to be cockey. Good week for gold

Markedtofuture's picture

Too Late To Jump On The Gold Bandwagon? Rick Rule Chimes In

Published on Mar 6, 2016

Gold prices continue to rise this year, which has some investors questioning whether or not they have missed their chance to get in on the action. According to one veteran gold investor, the ‘real move’ in gold is yet to come. ‘I don’t think in the near term this rally is sustainable; my suspicion is that gold will pullback before it goes forward,’ Rick Rule, president & CEO of Sprott U.S. Holdings, told Kitco News at the PDAC 

Harley's picture

Awesome Interview!

Great interview Craig!

I have a question for you and everyone out here... In addition to the HFT computers controlling so much of the stock market, and the fluctuations in the Yen:  Is the fed doing more or some new (secret) backdoor form of QE?  Where would a person look to find evidence of this?  

Hope I don't sound like a conspiracy theorist, but I don't put anything past the criminal elite.  Remember the good old days where there was some form of rule of law and accountability of those at the top?    :)

Markedtofuture's picture

New Longs About To Be Fleeced - Maund

PM Sector update - Not a Flag or Pennant But a Top - New Longs About To Be Fleeced

Many analysts and writers have described the pattern forming in the past couple of weeks in gold as a “bull Flag or Pennant” with some appearing to be “playing to the gallery” – i.e. telling their audience what they want to hear, which is that gold will continue to go up. I, on the other hand, decided that the triangle that had formed was not a continuation pattern, but a top, and said so about a week ago. So, as you will readily understand, I was not looking good when gold seemingly broke out upside on Thursday, and came in for considerable flak. However, on Friday there were some dramatic developments across the sector which look set to vindicate my stance.

http://news.goldseek.com/CliveMaund/1457284200.php

Turd Ferguson's picture

Because I knew that this piece of garbage would get posted

MODERATOR

I've preemptively added a comment on the other thread: https://www.tfmetalsreport.com/comment/539786#comment-539786

tyberious's picture

RE: Because I knew that this piece of garbage would get posted

Read it earlier and laughed out loud, what a loser!

I should make up bullcrap and start my own PM newsletter.

Just Guessing; For PM Traders

Issue #1, March 6, 2016

This week the PM markets may go up or down. This indication seem to be based on my dog's farts. The market will go up if it smells like Purina, my wife feeds him that. The markets will go down if it smells like hot dogs, my kids feed him that.

We that is all for this issue and thank for subscribing.

PS, some of my subscribers, and I want to say thanks, think that 10k per month is a cheap subscription fee and that I should raise it. My dog says I should!

SS121's picture

fake silver chart essentially hasn't moved since June 2013

it's been stuck between the high and low public demand increase thresholds, and has not moved.

those tiny little penny/nickel/dollar moves between the thresholds are completely insignificant.  just a litttle somethingto keep it looking legit

and between the 2 thresholds it will stay, UNTIL the bros. actually attempt to replace the USD as the world's currency standard (instead of just trying to talk it to death in the media)

Turd Ferguson's picture

tyberious

MODERATOR

Thanks for ending my day with a laugh.

smiley

Safety Dan's picture

How to naturally detox from

How to naturally detox from mandatory vaccine injections forced upon you by the medical police state

Mandatory vaccines

(NaturalNews) If you're being forced to take a vaccine against your will (by a totalitarian medical regime like California), are there things you can do to protect yourself from vaccine toxins?

You bet there are!

Vaccines contain mercury, aluminum, MSG, formaldehyde and other adjuvants such as squalene. These are all neurotoxic substances that can cause permanent brain damage, autism, seizures, comas and even death. This is precisely why vaccines cause autism and Asperger's in some children as was openly admitted by a top CDC scientist named Dr. William Thompson.

The key to surviving this assault on your body is to eliminate these chemicals quickly. In this video filmed at our Consumer Wellness Center Laboratories, I reveal nutritional strategies for accelerating your body's natural detox so that you can safely survive a vaccine assault that's forced upon you by a coercive, fascist medical regime.

The fact that we now live in a medical totalitarian regime that can force toxic, deadly substances to be injected into you and your children is shocking all by itself. It just demonstrates the utter abandonment of medical ethics by the vaccine industry (and its mafia of child murderers and poison pushers).

Learn more about mercury in vaccines at Truthwiki.

Stay informed at Vaccines.news

More here:

http://www.naturalnews.com/053207_mandatory_vaccines_detox_medical_police_state.html

Safety Dan's picture

This is a subject near and

The PARK POLICE are the UN POLICE – loss of American ownership of Parks and Monuments such as Philadelphia’s Independence Hall.

This is a subject near and dear to my heart, and I will continue to update with each new article I read. Some of these articles are not exactly new, but they are fact.

This makes me realize that this has been going on long before I noticed, but it has come into fruition as of NOW.

When you enter Parks this summer, please walk with caution. The Park Police are now the United Nations Police force, and they have complete jurisdiction over the land now.

They do not follow Constituional law. The land does not belong to the people any longer, nor is there an illusion of this. The truth is out there for anyone who will bother to see or listen.

How many bad policemen does it take to say that we are living in a police state? Of all the abuses of power by the newly federalized police across America, there is one law enforcement agency that is moving to the head of the class with regard to invoking police state tactics against innocent American citizens, and that agency would be the United States Park Police. However, the United States Park Police is a misnomer because the title of this agency should be The United Nations Park Police. The unconstitutional and brutal practices of this Gestapo organization provides Americans with a glimpse of what it will be like to live under the New World Order and its Agenda 21 policies.

When our Founding Fathers sparked the American Revolution and signed the Declaration of Independence in 1776, they sought self-government for the American colonies and an escape from the dominance of England.

The Founding Fathers would be shocked to learn that some of their successors have given control of key American sovereign territory to other nations.

Through an international treaty, the United States is allowing the United Nations and its member countries access to and control of American soil – in particular, our historic buildings and treasured wilderness.

In 1972, our government signed the United Nations’ World Heritage Treaty, a treaty that creates “World Heritage Sites” and Biosphere Reserves.” Selected for their cultural, historical or natural significance, national governments are obligated to protect these landmarks under U.N. mandate.1 Since 1972, 68 percent of all U.S. national parks, monuments and preserves have been designated as World Heritage Sites.2

Twenty important symbols of national pride, along with 51 million acres of our wilderness, are World Heritage Sites or Biosphere Reserves now falling under the control of the U.N. This includes the Statue of Liberty, Thomas Jefferson’s home at Monticello, the Washington Monument, the Brooklyn Bridge, Yellowstone National Park, Yosemite, the Florida Everglades and the Grand Canyon – to name just a few.

Most ironic of all is the listing of Philadelphia’s Independence Hall. The birthplace of our Republic is now an official World Heritage Site. The very place where our Founding Fathers signed both the Declaration of Independence and the Constitution – the documents that set America apart from other nations and created the world’s longest-standing democracy – is no longer fully under the control of our government and the American people.

When our Founding Fathers sparked the American Revolution and signed the Declaration of Independence in 1776, they sought self-government for the American colonies and an escape from the dominance of England.

The Founding Fathers would be shocked to learn that some of their successors have given control of key American sovereign territory to other nations.

Through an international treaty, the United States is allowing the United Nations and its member countries access to and control of American soil – in particular, our historic buildings and treasured wilderness.

In 1972, our government signed the United Nations’ World Heritage Treaty, a treaty that creates “World Heritage Sites” and Biosphere Reserves.” Selected for their cultural, historical or natural significance, national governments are obligated to protect these landmarks under U.N. mandate.1 Since 1972, 68 percent of all U.S. national parks, monuments and preserves have been designated as World Heritage Sites.2

Twenty important symbols of national pride, along with 51 million acres of our wilderness, are World Heritage Sites or Biosphere Reserves now falling under the control of the U.N. This includes the Statue of Liberty, Thomas Jefferson’s home at Monticello, the Washington Monument, the Brooklyn Bridge, Yellowstone National Park, Yosemite, the Florida Everglades and the Grand Canyon – to name just a few.

Most ironic of all is the listing of Philadelphia’s Independence Hall. The birthplace of our Republic is now an official World Heritage Site. The very place where our Founding Fathers signed both the Declaration of Independence and the Constitution – the documents that set America apart from other nations and created the world’s longest-standing democracy – is no longer fully under the control of our government and the American people.

http://www.activistpost.com/2013/09/the-us-park-police-is-new-un-police.html

http://www.nationalcenter.org/NPA341.html

3 videos are all linked here

If you want to catch a view of an actual UN document, look this over:

http://www.un-documents.net/vp-d.htm

MW

http://investmentwatchblog.com/the-park-police-are-the-un-police-loss-of-american-ownership-of-parks-and-monuments-such-as-philadelphias-independence-hall/

AIJ's picture

Sinclair / Holter Answers

I like what Sinclair said about the COT numbers, basically he said,

...that the COT numbers are from the biggest liars on the planet so how do you know they are real ?

Good Question.

goldcom's picture

Tricky Dicky got rid of the convertible gold and the Parks

Wow, this is one I didn't see coming. Sheezus, this NWO crap was hatched earlier than I thought. And I thought it would be the oligarchs that would end up with these treasures along with roads converted to tolls in about 10 to 15 years. Then again, they may have an easier time working it out with the UN at some point in time than the US.

This kind of shit sickens me. Nixon was a crook through and through.

AlienEyes's picture

Nixon

Nixon was as honest as George Washington when compared to LBJ, slick Willie, Hildabeast and O'bummer.

s1lverbullet's picture

Specs right now be like

Fuck the COT bro the doesn't even matter.  We will see if they are right......

Safety Dan's picture

Did I Mention My Meds??

10398898_1111248875562211_90635524010957

LostMind's picture

Inflation doesn't exist! Really?!?!

OK, I'm no genius so I'll try and keep this simple...

I've read and read how the FED NEEDS 2% inflation year over year...

OK, lets review:  QE1 11/08, QE2 11/10, QE3 9/12, QE4?, QE5?, QE6?

S&P on March 2009 was 757, as of May 2015 was 2080. This is a 1323 point gain in 6 years or roughly 29%/year

Housing (Median Avg US market) March of 2009 was $175K, as of March 2015 was $177K. This bottomed in 05/2011 at $153K. Yes, every market is different, this is just the "Median" of entire US market. What I can tell you is that most major MSA markets have EXCEEDED the 2007 high... This is commercial and most residential, especially multi-family. Would say that this market has been "re-inflated" significantly!

Gold on March 2009 was $927/ounce, as of March 2015 was $1197/ounce. This is a $270/ounce increase over 6 years, which is a 29% return or 4.8% annually...

Silver on March 2009 was $13.12/ounce, as of March 2015 was $16.84/ounce. This is a $3.72/ounce increase over 6 years, which is a 28% return or 4.8% annually...

I could go on and on as to INFLATION. Car prices have basically doubled since 2005/07. The latest Escalade platinum is $110K. The USED care market likewise. Vehicles I could have bought for $4-5K are now $10-15K.

Food prices have gone up a hell of a lot more than 10%/year. Basic canned vegetables have gone from $0.69/can to $2.29/can for same size and product. Worse, is you really pay attention, you would find most products have increased 300% over this same time frame along with the size of the product has shrunk by 30%.... 

So, do you think we have NOT SEEN inflation? IS it hyper? No, is it extreme? Yes. The only difference is the COST of Currency has plummeted. Free money has created VELOCITY, it is just NO ONE is ACTUALLY measuring it for the PUBLIC. LIES LIES LIES LIES LIES.....

OK, wrapping this up. Go back and look at the price of GOLD and SILVER. YES, they went up, then beat down. But, they have not experienced the same rate of inflation as ANY OTHER product that is MANUFACTURED and SOLD for consumption and credit creation.  Why we all say the metals are on sale...

ALSO, just saw a new ADVERTISEMENT for the "550 FICO" mortgage. This is a FEDERALLY GUARANTEED program for those who have FICO scores as low a 550 with only 3.5% down and they do not CARE where the down payment comes from. We have truly hit the bottom. No, values haven't crashed. We are in late 2005 to early 2006 in the housing market. Do the math. Bottom in housing was 2010; which was four years later. Am I forecasting a date? No. Just looking at past examples that we seem to have given a STEROIDAL boost this time.

There is nothing in my mind that says this is normal, healthy, or wise. This time will be 10X (at least) worse than WHAT SHOULD HAVE HAPPENED in 2008.  Scary shit comes to mind and I don't like to be a fear porn peddler...

Ok, I've rambled on. Sorry. Please let me know if you disagree, or if I missed something.

Orange's picture

Safety Dan

cavalier's picture

Miners Open Up Strong

The miners are running out of the gate.

Very strong action.

Maybe the reversal on friday will be short lived?

Turd Ferguson's picture

The latest from Mark Dice

MODERATOR

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