Cutting Vacation Short

Wed, Feb 20, 2013 - 10:04am

This is relentless and unforgiving...and I'm not talking about MrsF.

So bad that I'm cutting my mini-vacation short. I still don't have time for a full post so here are two items for you to read this morning.

ZH has been doing an excellent job chronicling the consistent, daily destruction. Here's the latest:

And here's someone who has noticed some of the same "anomolies" that I have:

The charts, of course, look terrible. Having failed at hoped-for support, silver looks like $28 and gold, if $1580 fails, looks headed all the way back to the bottom of the 18-month range, near $1550.

This is all highly unusual and indicative of extreme manipulation and panic-level positioning. At the risk of sounding trite and reading like another KWN pumper, I must say it: THIS WILL PASS. THESE EXTREMES WILL BE RESOLVED SOON AND NEW UPLEGS WILL BEGIN. PLEASE BE PATIENT. THE FUNDAMENTALS ARE STRONGER THAN EVER AND PHYSICAL REALITIES WILL SOON REPLACE PAPER SHENANIGANS AS THE DRIVING FORCE BEHIND PRICE.

More later if possible.


About the Author

turd [at] tfmetalsreport [dot] com ()


Feb 20, 2013 - 3:19pm

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Feb 20, 2013 - 3:19pm

Where did you hear about this Turd?

"Apparently, The Fed will not only be ending QE tomorrow, they're going to be clawing back all that they've done since November."

Dr G
Feb 20, 2013 - 3:20pm

One of my stocks is up 106 %

One of my stocks is up 106 % this week alone. Glad I didn't put that money into more silver :)

I'll take profit soon and then buy some gold.

Feb 20, 2013 - 3:21pm

FED plans to get everybody into US debt again.... to crash everything again, only safe haven is dollars and bonds etc...

This is the only way they can finance the deficit!

Looks like we have all been had!

Feb 20, 2013 - 3:21pm

FED plans to get everybody into US debt again.... to crash everything again, only safe haven is dollars and bonds etc...

This is the only way they can finance the deficit!

Looks like we have all been had!

Feb 20, 2013 - 3:22pm

Hey Proton

If we are so wrong, why are you still here?

Video unavailable


proton777 is on your ignore list. Click here to view this post.

These downswings are good for bringing out the trolls. Makes it nice and easy to populate the Ignore list.

ForWhomTheTollBuilds CaribSurfKing
Feb 20, 2013 - 3:22pm

Sprott's PHYS about to go negative on premium

Well, there's our disconnect between between paper and the real metal. Apparently the real metal is worth less in a panic than paper.

Strange days indeed.

Also gonna repost someones link to the GotGold report. Its pretty good reading and if nothing else will take your eyes off the trainwreck for a few minutes.

Feb 20, 2013 - 3:23pm

All about perception

Perception to the masses by TPTB - is everything. The illuminati controlled main stream media is doing a tremendous job at brainwashing and hoodwinking the non-independent thinkers (97% of pop).


Perception that the economy is turning around...perception quality good jobs being created...perception unemployment is reducing...perception that the housing market is rebounding...

perception that the eurozone is gaining strength...perception that the middle east is getting better...etc...

Nothing is fixed...nothing is recovering. As a matter of fact - 'the system' and quality of life is regressing!

Reeegresssion...look at the state of peoples lives, mentality, financials, families, jobs, well being...peoples spirits...its all getting crushed to shit.


This is also very much a spiritual war. Gold is good. Silver is good. You cant print it and fake it (alchemy) - the Universe made it...God made it - can not be printed off.

Man and evil intentions made money - for control and put fucking occult shit show symbols on it. FUCK YOU global elite pieces of shit.


Whatever you do - dont give them your will or your soul...and be a happy survivalist:)

Get baked and kiss your loved ones.

Feb 20, 2013 - 3:24pm
Feb 20, 2013 - 3:25pm

Another concern on qe

just thinking-if they do raid 401ks etc, they will not need to do anymore QE-for a while. That's one scenario where qe can end

too bad they already raided the social security and medicare trusts 18 years ago. That would have been a good way to do it now.

Feb 20, 2013 - 3:26pm

reading this site is and has

reading this site is and has been a total waste of time. you bulls have been wrong since it started and continue with more of the same. really the 2 best pieces of advice that could have been given here are 1, don't buy gold or silver. 2, sell your gold and silver. anyone saying that over the past year would look like a genius. instead we have been hearing btfd from $50, heh, qe, raids, jpm, cftc, inflation, shortages, delivery failure, blah blah blah. you're all wrong.

Feb 20, 2013 - 3:26pm

Chilton blames speculators in energy . . .

When the biggest specs are the naked shorts in silver. They are "givin 'er all she's got, Scotty"

I guess the "bears" may be right; it's not manipulation when it is sanctioned by the regulators.

BTW, whatever happened to the Metals' and energy position limits the CFTC was mandated by Dodd-Frank to have put in place 6 mos. ago?

Oh yeah, the JPM and other TBTF banks' lawyers said it would destroy the U.S. markets, and then they would just go overseas to continue to exploit the world . . . whatever the TBTF's want, the TBTF's get.

Feb 20, 2013 - 3:26pm


The chart I posted showed up in Preview. Essentially it was the Netdania monthly chart going back to 2002 View in Log scale.

Feb 20, 2013 - 3:27pm

I hate to state the obvious but I'll try!

The object of the banksters affection is!

Feb 20, 2013 - 3:28pm

and does this week qualify

for Richard Russells and Jim Sinclairs sudden and severe correction.

Those saying that both these guys missed it--they have the first part of the daily double. Now you have to have the guts to load up (me too when I say that-I loaded up on puts and only sold off a small part of them-huge profits to offset the other side losses-no guts to sell the rest of the puts)

Sad-descent Bollocks
Feb 20, 2013 - 3:28pm


"Apparently, The Fed will not only be ending QE tomorrow, they're going to be clawing back all that they've done since November."

I think that was sarcasm.

Feb 20, 2013 - 3:29pm



say you piece once and go.

and don't just go away........go away MAD.


go back to PRAGCAP or marketwatch and pimp the DOW or MMT or some other soon to be proven failed communism.

we don't go over there and tell you how stupid you are.

but you are.

Charles S. Hamlin
Feb 20, 2013 - 3:30pm

The latest from Bix...

As the pallets of new US $100 Bills lay waiting for mass domestic distribution in US Treasury warehouses around the United States one has to feel sorry the Sheeple who can't see what is happening. The US is preparing for a return to the Gold Standard. It is obvious. It is blatant. And it is almost here. Again, here's my full analysis of the new $100 Bills... The Hidden Meanings in the New $100 Bill (see below) These bills will NOT be released until AFTER the crash. As for the latest gold/silver's great news for all Physical metal holders because it both draws attention to the obvious TOTAL control "they" have over the markets AND it means we are closer to the END than we were before the smash. It should also scare the pants off those holding Silver Derivatives such as ETF's, Mining Shares, Silver Certificates, Pooled Accounts,etc. knowing that these forms of silver can be "set" to zero by computer programs and the markets shut down.That is a more likely End Game than a moonshot as there will be no paper winners. The "Smart Money" should be shifting from all forms of paper silver into the real thing in their own possession at this point. I call it "The Big Shift". In the long run ONLY physical will survive the coming monetary meltdown. May the Road you choose be the Right Road. Bix Weir The Hidden Meanings in the New $100 Bill! Bix Weir

First of all, I must admit that I am one of those "Conspiracy Nuts" who loves to read meaning into the back of the US $1 bill like I'm trying to solve a centuries old puzzle. The "All Seeing Eye", the pyramid, "One World Government", Masonic symbols, the implications of the Latin words, even the words "In God We Trust" added in 1955...all of it...I'm a big fan of secret meaning. Just Google "US Dollar Hidden Meaning" and you will find almost EVERY INTERPRETATION you can imagine. Since I don't know which is true...I tend to believe ALL OF THEM. More fun that way. If you think this is all hogwash and there is no meaning to the back of the $1 bill..."Duh, it's just a nice picture"...then this article is not for you.

So, of course, I was more than excited when the new $100 bill was FINALLY announced and IT HAD ALL THAT GOLD ON IT!

I admit that I am slightly biased on this. One of the central themes of my work at the Road to Roota Letters is that there is a group of people working to end the fiat money system and return the US back to the Gold Standard. For those unfamiliar with the concept read:

The Road to Roota Theory

A subscriber tipped me off years ago that the new $100 bill would be "special" when it finally got released and he wasn't lying. I LOVE this bill! Check out how it turns gold in the light...

High tech hundred dollar bill

Ok. So it may be a coincidence and I may have an over active imagination but bear with me while we explore further. Take a real close look at the new bill keeping in mind that the US has a special history of hidden meaning behind their bills and there's a real possibility of a currency crash (with a return to the Gold Standard) in the very near future.

Let's start with the most glaring difference even from the other new colored bills: that huge Blue Stripe down the right center. For those not familiar with the symbolism of the American flag colors: Red symbolizes Hardiness and Valor, White symbolizes Purity and Innocence and Blue represents Vigilance, Perseverance and Justice. Is it possible that the big Blue Stripe may have more significance that you might expect?

When it comes to monetary theory there are really only two serious camps. The first believes in fiat/paper money and the second believes in a "hard money" backed by gold. Lets assume these two opposing ideologies are represented on this bill. Look closely at the left side of the Blue Stripe.

Let's say the left side represents the fiat/paper money camp. There is no new coloring at all just the same ole drab green. The same ole fiat money. It's all there...the words "Federal Reserve Note", the Official Fed Seal, Ooo..looks like the US Treasury Secretary signature has been moved from the right to the left side(come on...which camp did you think Geithner would be put in?!). And for you currency buffs, even Benjamin Franklin is positioned on the left of the Blue Stripe with that quizzical grin...why you ask?

Well, not many know it but Ben Franklin was a BIG supporter of paper money in his day. Don't get me wrong, he was a great and loyal American who was very much anti-banker but in his day the battle was reversed. It was the English bankers who were all about forcing the colonists onto a Gold/Silver standard but Franklin knew that the overseas trade would leave no physical money for the colonies to conduct domestic commerce with. It was probably the TRUE cause of the American Revolution! Here's a good representation of what happened:

Truthfully, it's high time we rewrite the all the US History books and tell the world the REAL STORY. The American Revolution was actually...A REBELLION AGAINST THE BANKSTERS!

Back to the "Greenback"...

So you can see that everything on the left side of the new $100 bill relates to the continuance of fiat money.

Now let's look at the right side of that Blue Stripe...the "Vigilance, Perseverance and Justice" side!

OH MY GOODNESS...GOLD GALORE!! A Gold Ink Well, Gold Liberty Bell, Gold Feather Pen, Gold "100", Gold Watermark, Gold Writing in the background, Gold "July 4, 1776"...there's even a HUGE gold "100" on the back of the right side. The right side of this bill is so full of gold it will probably droop when you hand it to the cashier!

Here's my take on all the Gold symbolism:

- The US has long prepared to return to a Gold Standard and the time has come.

- The Gold Ink Well symbolizes the power of Congress to pass laws that can dismantle the Fiat Money System with the stoke of a pen.

- The Gold Liberty Bell within the ink well symbolizes Congresses ability to write laws that destroy the banking cabal's strangle hold on the Liberty of citizens in the United States.

- Notice the words "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS,PUBLIC AND PRIVATE" has also been moved from the left to the right side (or the gold standard side!)

- Notice how the color of the "100" on the bottom front changes from GREEN to GOLD...still not convinced?

- And now my favorite... look at the wording right above the "100" on the far right.

Do you see it?

"...the People to alter or abolish it, and to institute new..."

That, my friends, comes directly from our Declaration of Independence and says the following:

"That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."

Has there ever been a time in the last 100 years that the people were more ready to "alter or abolish" our government?!

Can "They" make it more obvious...GET READY FOR A GOLD STANDARD!

The odd fact that the US Treasury chose to "anti-counterfeit" the $100 bill last is very telling. The US $100 is the MOST counterfeited bill in the world by far. So much so that the fake bills even have their own name...the "SUPERDOLLAR" or "SUPERNOTE".

Fake $100s circulating through state

The new $100's were going to be released on Feb 10, 2011 but the Federal Reserve announced a "delay due to production problems". Why wait so long? In this video it sure looks like they are in full production already. (what's with the "Wizard of Oz-esque" green drapes? No, I won't run with that!)

Raw Video: New $100 Bills Roll Off Presses

Oh, did you notice that the bill in all the sample photos was printed in "SERIES 2009"? I believe that the new $100's are ready to go and HAVE BEEN READY SINCE THE ONSET OF THE CREDIT CRISIS! They were waiting for the crash and the return to a gold standard. With this announcement they might as well say ...WE ARE READY TO COLLAPSE THE SYSTEM!!

The monetary camps split by the Blue Stripe, the Liberty Bell in the Gold Inkwell, the quotes of overthrowing the government, the delayed implementation of the $100 bill...

Get ready for a Gold Standard because we are just about there!

Feb 20, 2013 - 3:30pm

one more stab down?

Gold looks poised to make another small stab towards $1555.

Feb 20, 2013 - 3:32pm

My avatar

I meant my avatar to be representative of the descent of the economy not gold...Maybe I need to figure out how to flip it around so it is heading up.

Feb 20, 2013 - 3:33pm

Huge spike in volume on

Huge spike in volume on negative news and little price movement to the downside - maybe someone just hand over a shed load of their shorts to the momentum chasers?

Plus we're swimming in shills around here which usually coincides with a bottom. The stench will be unbearable if we head any lower!

Feb 20, 2013 - 3:33pm

I must be sick. I see all

I must be sick. I see all these cry baby troll posts and I'm still looking to buy.

ForWhomTheTollBuilds Mickey
Feb 20, 2013 - 3:33pm

and does this week qualify

A few months back Jim had a lament that someday he would give us a top in gold, vastly higher than $1700 and that he would get it right and be promptly forgotten forever.

I find the human drama much more interesting than the charts myself

Feb 20, 2013 - 3:34pm

The only

people who are getting crushed by the short term PM movements would be the person who bought a shit load of physical on lets say, Friday last week - and for whatever reason - had to sell this afternoon...

Yes - you lost. Of course.


Now - the real question is how many people are in that scenerio...that bought a bunch of physical last week...and absolutely HAD to sell the physical 4 days later (because you need bail money;) ????


<crickets chirping>

Feb 20, 2013 - 3:35pm



I sadly descend into a very small hole under the kitchen sink. What an asshole.

Well, there's so much going on today I don't know what's going on today.

Feb 20, 2013 - 3:36pm

100 oz poured bar for under 3 grand...

100 oz Johnson Matthey Silver Bar (New) .999 Fine
As low as $1.19 per oz over spot! This impressive Silver bar is made by the world renowned Johnson Matthey company....

Oh my goodness...

Unless, of course, you would rather buy six shares of AAPL instead. In which case, knock yourself out.

Ned Braden Pining 4 the Fjords
Feb 20, 2013 - 3:38pm

APMEX premium on 90%

Almost $2.00 / oz. OVER spot......

When's the last time we saw THAT?

Feb 20, 2013 - 3:38pm

if this site's definition of

if this site's definition of a troll is someone who speaks the truth and doesn't drink the kool aid, what are the rest of you called?

Feb 20, 2013 - 3:39pm

Never been about bulls and bears...

Or paper prices...

It is knowing the difference between this:

and this:

It really is that simple...

delacroix SRSrocco
Feb 20, 2013 - 3:41pm

srsrocco, those that the gods

srsrocco, those that the gods would destroy, they first drive mad. when I was a kid the first dollar change machines, in laundromats, would give you 4 quarters, for play money. we did it until we got caught. that's how I would describe the feeling I get when I leave the LCS.


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