A streaming fountain of Truth

Mon, Jul 23, 2018 - 9:54am

Since we may all be thinking of other things instead of metals today, and seeing that chart this morning with silver swatted down yet again, I am certainly focusing on other things. Well, perhaps the bankers just gave metals a mean look and said, “Get back in your room!” rather than a full trip to the woodshed.

(My gut says, “If silver really does drop to single digits, crack open the piggy bank [credit] and make a purchase.”)

In an effort to give Turd a break, I thought I’d share some history and thoughts on that pesky first amendment. It even seems to be relevant to recent discussions, even this morning as the SGT report has been deleted from Youtube (as pointed out by two of our watchful members, AlexP23 and Ben Stakin). see https://www.real.video/channel/sgtreport

What is free speech… and why? How does “hate speech fit in to all this?”

While sorting through a lovely pile of Mercury dimes looking for key dates the other night, I was casually listening to an interview that my wife was watching on TV. The gentleman said something we all need to say about the state of the news media, “Don’t tell me your opinion! Tell me the facts. I’m mature enough to make up my own mind.”

His comment moves toward the heart of “Free Speech” and to why we have laws to protect it in many nations. But few people today (excepting most here at T-ville) know its origins, would be able to define it, or explain to others why “free” forms of government vigorously protect it. Alas. And today it faces two newer threats that have worked so far. Let’s take a brief look and then talk about its limitations.

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A long time ago if you spoke against a tyrant, you would lose your head or worse. Killing political opposition who said the wrong thing solved the tyrant’s problems. But as populations grew from tribes into nations, simply murdering ones opposition grew in difficulty. So the tyrants slowly learned that they merely had to control the flow of facts and “arguments,” to controlled the citizens. Idi Amin was an exception, who continued this traditional practice in Uganda throughout his rule in the 1970s.

The invention of writing presented a problem for the tyrant. While an offending author could be hanged, the ideas could still circulate and grow, with the force of a martyred author as empowering them. And after Gutenberg invented the printing press in 1439, controlling ideas became even more difficult. All of a sudden, a work could be printed much more affordably and spread more widely. The tyrants needed to stop the spread of ideas. So, they began enacting laws restricting certain publications.

England reached a crisis beginning in 1644 when the Puritan cleric John Milton published Areopagitica—a defense of freedom of the press in response to a British law that allowed publishers to only print “approved” documents. Above all, Milton strived for the discovery of “truth.” Understanding that humans use civil discourse, or argumentation, to find that truth which was not revealed in the scriptures, Milton explained[JDM2] ,

“Truth is compar'd in Scripture to a streaming fountain; if her waters flow not in a perpetuall progression, they sick'n into a muddy pool of conformity and tradition.”

I know of some blogs that resemble that muddy pool. Milton continued his argument by criticizing the officials that would approve or censor ideas, pointing out that they might be incompetent and possibly corrupt, and warning of the degradation of the intellect that would follow:

“A man may be a heretick in the truth; and if he beleeve things only because his Pastor sayes so, or the Assembly so determins, without knowing other reason, though his belief be true, yet the very truth he holds, becomes his heresie.”

Milton, lawbreaking Puritan that he was, had to publish his treatise illegally.

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Thereafter, England entered a period of political struggle that saw the beheading of a king, the Cromwellian revolution, abdication of the House of Stuart, a 2nd more civil revolution, and the installation of a German king as the House of Hanover was given the throne it retains to this day. Consequently, the British parliament gained power, while the monarchy gave ground. Who knew that the printing press would have such a profound effect?

More problems arrived as printing became ever more affordable. People started publishing anything and everything, including “trash.” The only solution was to allow everything to be printed and trust people to make reasoned decisions. But they had to be educated since human nature tends to embrace pithy, one sided aphorisms (sayings) about important complicated issues.

A century later, the US Bill of Rights honored Milton’s ideas by outlawing censorship in this country. John Stuart Mill reaffirmed the views of Milton in On Liberty, arguing for continued freedom of the press to ensure an educated citizenry with the knowledge required to judge between good ideas and bad ones. Mill wrote,

“He who knows only his own side of the case knows little of that. His reasons may be good, and no one may have been able to refute them. But if he is equally unable to refute the reasons on the opposite side, if he does not so much as know what they are, he has no ground for preferring either opinion.”

In Mill’s world, we must not fear the opposing view; rather, we allow its dissemination and thoughtfully consider issues with all the facts & arguments in hand prior to making a decision. The practice of “civil discourse” was the only way to achieve this ideal. Rules of argumentation and use of evidence were refined and taught in composition and oratory classes to young students. Alas that “argumentation” is not really taught until college today, and then only as an elective subject.

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More recently, Freedom of Speech has faced new challenges. As mass media have evolved, a further shrinkage of ownership (and control) restricted the free interplay of ideas. I trust we have all seen that classic chart showing ownership of all the major news outlets by a mere 6 corporations. We are learning that large banks head that list of owners with a 21% share of all large corporations, compared to 1% ownership by private individuals.

For a short while, the advent of the internet interrupted the control of information and ideas away from the large networks of newspapers, radio & TV, offering a new form of dissemination for ideas to reach the public. Unfortunately, the rise of google and other corporate search engines has effectively hidden knowledge by controlling search results. Meanwhile, news corporations control the narrative with a over-simplified, often-fallacious, and highly censored version of world events, facts, and arguments that effectively steer free thought into pre-determined outcomes that continue to support those in power.

Wise, curious people seek out sites like this one where ideas can be debated, but the large majority of world citizens continue to consume what the powerful feed them.

More recently, a 2nd challenge faces free speech. Since the mid-90s, a new form of speech has made headlines, yet it has proven difficult to define. Thinking citizens recognize the threat of “hate speech” to a free society, but what is it? Can it really be as simple as Wikipedia defines for everyone? “speech that attacks a person or group on the basis of attributes such as race, religion, ethnic origin, national origin, gender, disabality, sexual orientation, or gender identity." ” Actually, John Nockelby, just a typical law professor, wrote that definition. But Judge Alito of the SCOTUS wrote,

The idea that the government may restrict] speech expressing ideas that offend … strikes at the heart of the First Amendment. Speech that demeans on the basis of race, ethnicity, gender, religion, age, disability, or any other similar ground is hateful; but the proudest boast of our free speech jurisprudence is that we protect the freedom to express “the thought that we hate.”

These two disagree. Alito defends the individual’s right to speak his mind, even if it offends a person or group. But practically speaking, no official definition exists when Nockelby is the first hit in an internet search, and you have to dig for Alito.

Practically speaking, “Hate speech” has been defined by the corporate media, largely liberal in their politics, and applied to nearly any idea that pushes back against the liberal ideology. Moreover, the definition appears quite malleable, continually twisted to the whims of the public.

I had the privilege of studying with Mike McGee (a bit) & Mike Osborne (a lot) as I was completing my doctoral studies at the University of Memphis. These two researchers hold the same level of influence in the study of Speech, Rhetoric & Propaganda as Oppenheimer & Einstein hold in the science of nuclear physics. Just before his death, in an open letter sent to the Communication discipline’s listserve, McGee offered an 800 word working definition of hate speech. Its a bit to long to post here (send me a PM and I can forward it, if you want to have a copy).

McGee explains that when an individual engages in threats or name calling, against an individual or group, even with an implication of action, that we must consider the victim as able to take care of themselves in the face of the speakers opinion. The name calling can be protected by our free speech laws.

McGee turns the equation around when a group offends a person. When more than a single individual disparages or makes threats (McGee says 2 is enough), the victim faces a genuine threat from that group. The speech has crossed a line from symbolic expression into a “speech act” due to the implied force of the group. The implied or real threat could result in a violent action.

McGee exemplifies the principle in action, citing the research of Mike Osborne & John Bakke.* They demonstrated that public comments by influential political and religious figures created a “climate of violence” surrounding the Memphis sanitation worker’s strike of 1968, culminating in the assassination of MLK by James Earl Ray (I actually attended the lecture where Osborn read their paper to a group of 400 enthusiastic academics.) (The conspiracy is a debate for another blog.)

We haven't even discussed Psy-ops and fake news that even further muddy the waters.

McGee traces King’s death to the public comments of local luminaries, and thus defines those public comments as “hate speech” that created a climate which invited the violent act. McGee, as an individual and professor, was as liberal as you can find. And if we cannot look to the top speech professors in the world for a good definition of “hate speech,” where do we find one? Do we leave it ot lawyers? Wikipedia tried. But most people read and accept Maxine Waters definition instead.

Ironically, today we find the liberal left activists, champions of equality and treating all people with respect, promoting and creating a climate of violence against right leaning citizens and politicians.

When a model of the president’s severed, bloody head is publically displayed by a popular comedian, when congressional members are advocating “push back” against the president, when a Hollywood luminary says “Fuck Trump” at a public awards event, our nation is subjected to the hate speech of liberal leaders… and the violence is beginning to grow. Most recently, the president was modeled in a guillotine beheading by socialist activists.

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I expect things to become more violent if these leaders do not change. According to current US law, they could be jailed if McGee’s definition carries weight with the judge—and it should.

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Is there a solution?

We need to call for free speech and civil discourse as we call out hate speech from leading public figures. All of us must embrace civil, rational argumentation to settle issues, advocating for the free expression of all ideas with no censorship, or internet censorship by our favorite search engines.

I must be willing to patiently hear out my liberal colleagues at school, perhaps learning something if their facts and arguments are solid, and be willing to adjust my views. And by Mill’s advice, I cannot honestly critique opposing views until I fully understand them.

The propaganda has to stop if we all want to recapture the virtues of parliamentary rule. We must stop portraying the left or the right with exaggerated cardboard cutouts of one another that only slightly represent the most extreme views. The alternative is ugly. To cite an aphorism, “cooler heads must prevail.”

Which brings us to precious metals, silently suffering the effects of another kind of hate speech by the economic mass media. A quick word search of the words “should I buy gold” brings up a gold-bashing article from Forbes as a top hit: “Four Reasons Why Gold Is A Bad Investment.” US News published the latest one. If gold was a corporation, it would sue Forbes, US News, and many other publications for libel over multiple hit pieces published in the past 10 years.

Gold doesn’t care. Gold is patient. One day it will triumph.

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* Michael Osborn & John Bakke (1998) The melodramas of Memphis: Contending narratives during the sanitation strike of 1968, Southern Communication Journal, 63:3, 220-234,

About the Author


Jul 24, 2018 - 3:22am

Anyone awake. AG &AU....nice chub

....eer Rhino horn...crikey sometin's happenin' ok its the brothers fu kin' with me..still nice to see the line go straight up "~"

Jul 24, 2018 - 2:43am


I agree with mavens. I recommend you brush up your resume and start looking for another place to work. I've seen too many toxic workplaces due to one entitled individual or another. It never ends well. Ever. The individual wasn't punished and now knows he can get away with it in the future. Watch. The next thing that will happen is he's going to pick out an individual and drive them out or break them. It's a power move to show himself as an alpha. When shit like that happens you've got about 18 months to 2 years before everything becomes completely dysfunctional. The people who wait until they can't stand it anymore then leave are scapegoated. Meaning they get blamed for all the problems. No recommendations. Bad peer reviews. Usually have a tough time getting the next job. Yet nothing changes after they leave. It just gets worse and worse. Better that you punch that parachute under your own direction and timing than while under the gun. Paraphrasing the great Kenny Rogers song. "You have to know when to walk away and know when to run".

Jul 24, 2018 - 1:30am


The owner of your company should be fucking ashamed of himself. He is a fucking disgrace. No wonder this dipshit bitch boy thinks he can get away with this bullshit... THE OWNER OF THE FUCKING COMPANY THAT EMPLOYS HIM TEACHES HIM IT'S OK TO DO IT!!!

Where I come from, you can't just go into a corporate meeting and start going apeshit on people because, of all things, your fucking feelings are hurt! That is completely unhinged, unprofessional, disrespectful, unbecoming, counterproductive, and unethical behavior! It is grounds for immediate dismissal where I come from. Immediate. No week off, no double secret probation, no time out... It would be, "Pack your shit, junior, it's time to update the fuckin resume" time if I were the boss.

Simply unreal.

Props to the HR manager. I feel bad for her, she had a very tough week at home trying to figure this out and what the correct response would be. I'm proud of her for making the CORRECT decision in resigning. That took 10 times more balls than the owner and the kid have combined (and that is a compliment of the highest order, again, where I come from). Not that it probably really means anything, but you can tell her that you have shared the story with some of your "acquaintances" and at least one of them (me) have the utmost respect for her decision to leave. In fact, you have my permission to print this post out and show it to her. Fuck that kid, fuck that owner for not having the balls to put the kid in his place and fuck him (the owner) even harder for not backing the HR manager, and double fuck him again for creating an environment where those that choose (or are forced via individual circumstance) to continue to work in this environment where this is evidently "acceptable professional behavior" just as long as you don't "threaten anyone"... LMMFAO @ THAT God damn qualifier. What in the actual FUCK?

What's owner-guys next awesome excuse-theory gonna be? "Well, he didn't actually THREATEN to whip his cock out of his pants and start rubbing it on your thigh, so there can't possibly be sexual harassment. All he did was dry hump the back of your chair for 6 minutes while moaning very loudly..... in front of all your co-workers.... with you in it..... No threats, soooo....."

So now everyone is aware that your owner is a complete invertebrate and he has this bullshit "unwritten policy" of "If you don't threaten someone, you can basically say anything, any way you want, to them regardless of whether or not it is even close to professional.", and so those who chose to stay will be forced to live and work in this environment. You will now feel compelled to jump to Ten-Hut when bitch boy enters the room, bid him good morning/afternoon, offer him a cold seltzer or a snack of pita chips and avocado dip, and maybe rub his shoulders down and make sure he has the most comfy chair and scenic window to look out of while he is there. People will feel compelled, against their wishes, to ask him how his weekend went and worry about whether or not he is going to hurt a feeling or something all day long, and if you fuck up and blow one of his breakers, you better be prepared to get fucking yelled at by a 4 year old caught in a 37 year olds body. And as long as he doesn't threaten anyone you can just STFU about it as far as owner-guy is concerned, cuz, 'ya know, we all might as well get just used to it... these baby-men are gonna be runnin' shit in 10 years er sumthin.....' according to that fucking idiot pushover.

What a fucking joke. Sorry for the rant, Camper, and I'm sorry that you are now stuck in this bullshit circumstance, but this shit rubs me the wrong way, as you can tell.

Hey, at least I didn't threaten anyone, right?

EDIT: Full disclosure, and I don't know if this is against "Turd n Co. Inc." company policy, I just reread this post and I'm going to hat tip myself. lol

Oh shit! I almost forgot: Keep Stackin'!!!!!

Jul 23, 2018 - 11:30pm


Has to do with a belief that JPM did a 10 year deal over the control of silver and gold for having to take on Bear Sterns's Book. No one is willing to come forward but if true the deal ends this fall. The idea explains alot of actions/holdings of different parties.



Jul 23, 2018 - 11:24pm

RE: Ted Butler interview

I generally agree with what Ted is saying except I don't see how he reaches the conclusion that JPM might be about ready to let loose. What has changed that they would let it go now for the first time in years rather than continue to accumulate until the wheels come off? I am operating on the expectation that they are going to let it rise a few bucks before they smash it again at contract expiration time. Next cycle I am going to have some SLV puts in place. I've always doubled down on 11 against a 5. Sometimes it works and sometimes it doesn't but it is still a good bet. The supply of random year 10 ounce bars sold by the dealers seems to be short. I am thinking that this is because the holders that are giving up are becoming fewer. Who knows? I can't analyze this stuff--just think about it and guess, but every ounce I have is still just as shiny as it ever was.

Keep Stacking!!

Jul 23, 2018 - 10:44pm

Millennial Solution

My wife came up with this one. Buy a parrot, teach it to say "Good morning, snowflake." , place by desk and work without interruption.

Jul 23, 2018 - 9:55pm

Yaun down again

gold lower tomorrow

Jul 23, 2018 - 9:53pm

So far, this is workin'. . .

For a copy of the one-fold booklet send your name and mailing address along with $10 bucks to-

Silver and Main St. U.S.A.

PO Box 121

Bucklin, MO 64631

There is little in the booklet that you probably haven't read here. But the booklet contains no "market" crap, no discussion of the fake chart, just the history and USD-Silver supply demand ratios and how to actually acquire physical Silver for first time newbs.

I started this as a way to provide you guys or others with a mechanism for anonymously sending credible common-sense Silver info to friends, neighbors, family etc that likely wouldn't listen to you even if you were giving them the exact same info.

So, send for a copy to check out or have one sent to your people. Or if you can find the Names and Addresses of the IMF board of Governors... 10 bucks gets them a copy as well! :-) (there is enough analysis included to bump up their pucker factor)

again... $10 per ea. Name/Address, mailed to-

Silver and Main St. U.S.A.

PO Box 121

Bucklin, MO 64631

  • please add the extra postage for the IMF or any other OCONUS folks, AIJ oconus?
  • but most importantly for any of your good people who are still at risk in the "markets" that aren't, and likely won't listen to one of their own (Luke 4:24)
Jul 23, 2018 - 9:24pm

And just like that...

When the yield curve flattened, and banks were not making money on yield spread (borrow short term low, lend long term high...and lending less)...BOJ came to the rescue...and within hours the yield curve steepened to the level seen weeks ago.

Intervention after intervention....What kind of market is that?

Jul 23, 2018 - 9:01pm

Only positive thing about SGT delete - no Big interviews

He should be jumping for joy! No one to hold him to any of the B.S. he has spewed to Sean. Unfortunately, he has said the same nonsense on many other YT channels. Hey Bix, I heard Charles Manson is one of the good guys. He's working with prison gangs to reform prisons via a revolutionary initiative. I have the evidence, just subscribe to my website. I'll even throw in a free bottle of Flex Seal!!!

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Key Economic Events Week of 2/22

2/22 10:00 ET LEIII
2/23 9:00 ET Case-Shiller home prices
2/23 10:00 ET CGP at US Senate
2/24 10:00 ET CGP at US House
2/24 1:00 ET Goon Chlamydia speech
2/25 8:30 ET Jobless claims
2/25 8:30 ET Durable goods
2/25 10:30 ET Goon Bullard
2/26 8:30 ET Pers Inc and Spending
2/26 8:30 ET Core inflation
2/26 9:45 ET Chicago PMI
2/26 10:00 ET UMich sentiment

Key Economic Events Week of 2/15

2/17 8:30 ET Retail Sales
2/17 8:30 ET PPI
2/17 9:15 ET Cap Ute and Ind Prod
2/17 10:00 ET Business Inventories
2/17 2:00 ET January FOMC minutes
2/18 8:30 ET Initial jobless claims
2/18 8:30 ET Import price index
2/18 8:30 ET Philly Fed
2/19 9:45 ET Markit Feb flash PMIs

Key Economic Events Week of 2/8

2/8 12:00 ET Goon Mester speech
2/9 10:00 ET JOLTS job openings
2/10 8:30 ET CPI
2/10 10:00 ET Wholesale Inventories
2/10 2:00 ET Chief Goon Powell speech
2/11 8:30 ET Initial jobless claims
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Key Economic Events Week of 2/1

2/1 9:45 ET Markit Manu PMI
2/1 10:00 ET ISM Manu PMI
2/3 8:15 ET ADP employment report
2/3 9:45 ET Markit service PMI
2/3 10:00 ET ISM service PMI
2/4 8:30 ET Productivity & Unit Labor Costs
2/4 10:00 ET Factory orders
2/5 8:30 ET BLSBS

Key Economic Events Week of 1/25

1/26 10:00 ET Consumer Confidence
1/26 1:30 ET Comex option expiration
1/27 8:30 ET Durable Goods
1/27 2:00 ET FOMC Fedlines
1/27 2:30 ET Chief Goon Powell presser
1/28 8:30 ET Q4 GDP first guess
1/29 8:30 ET Personal Income and Spending
1/29 9:45 ET Chicago PMI

Key Economic Events Week of 1/18

1/19 10:00 ET Mother for SecTreas hearing
1/20 12:00 ET POTUS Inauguration
1/21 ECB meeting and rate decision
1/21 8:30 ET Housing Starts
1/21 8:30 ET Philly Fed
1/22 9:45 ET Markit flash PMIs (Jan)

Key Economic Events Week of 1/11

1/11 12:00 ET Goon Bostic speech
1/12 10:00 ET JOLTS job openings
1/13 8:30 ET CPI
1/13 1:00 ET Goon Brainard speech
1/13 2:00 ET Beige Book
1/14 8:30 ET Import price index
1/14 12:30 ET Chief Goon Powell
1/15 8:30 ET Retail Sales
1/15 8:30 ET PPI
1/15 9:15 ET Cap Ute and Ind Prod
1/15 10:00 ET Business Inventories

Key Economic Events Week of 1/4

1/4 9:45 ET Markit manu PMI
1/4 10:00 ET Construction Spending
1/5 Georgia U.S. Senate election
1/5 10:00 ET ISM manu PMI
1/6 US election certification
1/6 8:15 ET ADP Employment Report
1/6 9:45 ET Markit service PMI
1/6 10:00 ET Factory Orders
1/6 2:00 ET December FOMC minutes
1/7 8:30 ET Trade Deficit
1/7 10:00 ET ISM service PMI
1/8 8:30 ET BLSBS
1/8 8:30 ET Wholesale Inventories

Key Economic Events Week of 12/21

12/21 8:30 ET Chicago Fed
12/22 8:30 ET Q3 GDP final guess
12/22 10:00 ET Consumer Confidence
12/23 8:30 ET Durable Goods
12/23 8:30 ET Personal Inc and Spending
12/23 8:30 ET Core Inflation

Key Economic Events Week of 12/14

12/15 8:30 ET Import Price Index
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12/15 9:15 ET Cap Ute and Ind Prod
12/16 8:30 ET Retail Sales
12/16 9:45 ET Markit flash PMIs Dec
12/16 10:00 ET Business Inventories
12/16 2:00 ET FOMC Fedlines
12/16 2:30 ET Chief Goon Powell presser
12/17 8:30 ET Philly Fed
12/18 8:30 ET Current Account Deficit
12/18 10:00 ET LEIII

Forum Discussion

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