The NWS

337
Wed, Aug 15, 2012 - 11:56am

And I'm not talking about the National Weather Service.

By the way, did you see this earlier this week? ( https://www.washingtonpost.com/blogs/capital-weather-gang/post/national-weather-service-ammunition-solicitation-triggers-confusion/2012/08/14/3dc6b67e-e62a-11e1-936a-b801f1abab19_blog.html) OK, so I can understand the whole, "clerical error" thing but what the heck does the "National Marine Fisheries Service" need guns for, much less 46,000 freaking rounds? Seems like a bit of overkill to me, no pun intended.

Anyway...and when I say NWS, I don't mean NWO:

George Bush New World Order

Or NWA:

N.W.A. - Straight Outta Compton [Explicit] [HD]
National Wrestling Council

Or even the NWF:

This is National Wildlife Federation: "Now's Our Time"

I'm talking about the NWS - the New World System.

Earlier this morning, I saw this post at ZH ( https://www.zerohedge.com/news/presenting-shocking-source-us-treasury-demand-past-year) and it got me thinking. In the post, it's mentioned that Japan has dramatically increased its purchases of treasuries while China has actually been a net seller. The question is asked: "What is China doing with their dollar reserves" if they're no longer buying treasuries? This is where ole Turd's brain started churning.

Two months ago, I wrote this: https://www.tfmetalsreport.com/blog/3924/gonefor-good. At the time I wrote it, I expected it to be quite the bombshell within our little "goldbug" community. Instead, it was met with yawns and dispassion. Perhaps that is what I should have expected. I mean, seriously, BREAKING NEWS from a guy who goes by the name of "Turd"? Well, regardless, I stand by the facts of this story and the opinions contained therein. Gold continues to exit "the system" at a consistent pace, never to return.

I'm re-posting it today not because I'm out of material and I need to dredge up the old stuff to fill space. I'm re-posting it because this truly is a very important development and one that, because it's not on the national/internet radar, is being widely discounted and overlooked.

You see, no one on Wall Street or in the financial media has any interest in pursuing this story. The MSM and TPTB are completely invested in maintaining the status quo and they will do so right up to the point where the game is changed for them. China will continue to accumulate gold and silver. They will continue to refine and re-cast this metal into new, standard and official sizes. They will continue to sign and implement bilateral currency and trade agreements that bypass the U.S. dollar. And they will continue to open portals for the international use of the renminbi.

Then, one day, seemingly out-of-the-blue, they will announce an alternative...A New World System that offers some type of gold-backed, international trade settlement, utilizing a non-fiat and sound renminbi or perhaps an entirely new and distinct, gold-backed and internationally-recognized trade unit. One way or another, this is going to happen. The only question is WHEN.

WHEN this happens, the U.S and all the other fiat currency countries will be forced into revaluing whatever gold reserves they have left. This is the "global gold price reset at multiples higher" that I have mentioned before, the result of which will be extraordinary, near-hyper inflation and a dramatic devaluation of the existing fiat. Additionally and importantly, it is through this process that the debtor nations of the world (the U.S. being the largest), will "pay down" the majority of their current obligations.

Again, you must understand that I am extremely confident that this is how things will ultimately play out. The only question is the timing and the specifics regarding which country or countries will ultimately force the issue. For example, it is entirely possible that China won't act independently. Perhaps the major creditor nations will band together. Some consortium of China, Russia and India. We'll see. In the end, that part doesn't really matter. What does matter is that this is inevitable.

Please continue to use this time to add to your physical holdings but remember...The only metal you truly own is the metal you hold in your own two hands.

TF

About the Author

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

  337 Comments

treefrog
Aug 16, 2012 - 12:20pm

silver

making an effort to break out from $28.20 area.

hi - yo - silver....!

Monedas
Aug 16, 2012 - 12:25pm

Roark !

Mention me .... you get a hat tip ! Thanks for improving my stupid joke ?

Dagney Taggart
Aug 16, 2012 - 12:40pm

@napa

What don't they control? Your soul (I hope).

Dagney Taggart
Aug 16, 2012 - 12:44pm

@Monedas

I lick mine too.

WhyMeLord
Aug 16, 2012 - 1:04pm

Lake Laberge and Gold...


The Cremation of Sam McGee

by Rober W. Service

There are strange things done in the midnight sun By the men who moil for gold; The Arctic trails have their secret tales That would make your blood run cold; The Northern Lights have seen queer sights, But the queerest they ever did see Was that night on the marge of Lake Lebarge I cremated Sam McGee.
Short Stack
Aug 16, 2012 - 1:06pm

"The last U.S. President 

"The last U.S. President that everyone agrees was a great President was JFK."

I was just a kid then, but in retrospect the only thing he did that is worthy of note was to prevent a nuclear war with the Soviets--for that he deserves my generation's eternal gratitude. Other than that, he was pretty mediocre.

PhyzEd Puck Smith
Aug 16, 2012 - 9:32pm

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