The NWS

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

By the way, did you see this earlier this week? ( http://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:

Or NWA:

Or the NWC:

Or even the NWF:

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

Earlier this morning, I saw this post at ZH ( http://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

337 Comments

Turd Ferguson's picture

Thank you, Peaches

MODERATOR

EVERYONE WOULD NEED TO BE AWARE OF THE RISKS INVOLVED BEFORE STARTING TO TRADE.

Dyna mo hum's picture

SS buying ammo

I think the powers that be are trying to tell us something. SS    where have I heard of that org before? WW2?

Roger Godberd's picture

Father to a murdered son, husband to a murdered wife. And I will

Some good parallels here between lessons history can teach us about breakdown between govt. & people.

Armstrong on

Maximinus I -235-238 AD

....Where there had once been golden statues of former Emperors, here also, Maximinus ordered their seizure so they could then be melted down. The Rule of Law collapsed and Historia Augusta tells us that he -”condemned all whoever came to trial” and that he “reduced the richest men to utter poverty.” The USA conviction rate today is about 99%. The courts abandoned the people as they have done so again in the USA. There was truly nothing left. Nowhere could a person turn for justice. With the people under siege from their own government, they hoarded wealth to conceal it from state spies. This caused a collapse in VELOCITY of money flow as commerce foundered sending the economy into a Great Depression spiral. This was open warfare against the possession of wealth....

http://armstrongeconomics.com/research/monetary-history-of-the-world/roman-empire/chronology_-by_-emperor/end-of-severan-dynasty/maximinus-i-235-238-ad/

babodonk's picture

Stolen from Jesse's cafe Americain

Turd, here is Jesse's Cafe Americain Silver Chart, similar to yours, but says there is still wiggle room for silver.... 

Peaches Marie's picture

Happy to contribute, Turd.

smiley

Wishing you all the best in your endeavour here.

Peaches Marie's picture

Happy to contribute, Turd.

smiley

Wishing you all the best in your endeavour here.

alphamorph's picture

MeThinks ordinance

My 2 cents;  obviously SS already has the sidearms and are simply topping up the ammo.  Guess they're afraid of being fire bombed by irate oldsters who will one day be starving in the cold.  BWAH BWAH BWAH

ag1969's picture

Good Deal if interested

(1) 1/10th ounce gold round

(3) 1 ounce silver rounds

(5) dollars face 90% us coins

$355.00 free shipping, no upcharge for credit cards

http://store.independentlivingbullion.com/shoppingcart.asp

I am in no way affiliated with this company or any other, I just think it is a good deal for the small stacker, like myself.

Edit:  I have never ordered from this company before today, so I have no clue how reputable they are or anything else about them.  I received this offer in my email today and decided to take a chance.  I usually order from Provident Metals.

Turd Ferguson's picture

I was just about to post something

MODERATOR

on the move of the 10-year note. Then I saw this from Trader Dan. I think I'll wait to see how the rest of the week plays out.

http://www.traderdannorcini.blogspot.com/2012/08/are-we-witnessing-shift-in-investor.html

Mr.Grey's picture

Social security

I think it was little george and patriot 2 that put an armed guard in every soc sec office.  Mostly they tend to be old retired guys closer to 70 than 60.  I suppose it is helpful to know where a lightly defended cache of .40 s&w  is stored!

Missiondweller's picture

Excellent post Turd

I strongly believe that this is critically important as there is much evidence that China sees the collapse that may be coming, wants to preserve their economic progress made to this point, has lost faith in US Treasury holdings, and is prparing to have the "New World Reserve Currency" which would absolutely need to be backed by gold either directly or indirectly.

That China removed the prohibition of its citizens from holding gold and is, in fact , ENCOURAGING them to hold gold is important.

China sees the economic disintegration of western economies and doesn't want to be stuck in the muck.

Not sure why this isn't ringing bells with the Turdville readership but its extremely important. Central banks are buying up gold which will be permanently held in vaults. Hong Kong is finishing a 1,000 ton vault to hold massive stockpiles.(http://macrowealthpreservation.blogspot.com/2012/07/hong-kong-to-open-1000-metric-ton-gold.html)

A time may come soon where it becomes difficult for stackers to buy gold at any price. It may simply not be available.

Dagney Taggart's picture

@Mr. Gray

The Nazis used 9mm in their light machine guns. Why would .40 be so bad?

Nevermind that hollow-point is illegal under Geneva Convention warfare I guess. It's meant for the people or perhaps some fictitious aliens.

@Nana: The Chinese cannot take a 12 hour flight undetected. If they come, they were allowed to come. Then you will know your enemy.

Karankawa's picture

10 Yr. Note

I've been watching this as well.  I doubt a continued rise would create a festive environment at JH.

Rising rates at this time are death to the system, period.  And that will not be tolerated (if it indeed CAN be stopped).

Nana's picture

China-Great Lakes-Drought

http://theeconomiccollapseblog.com/archives/the-mississippi-river-is-drying-up

The Mississippi River Is Drying Up

The worst drought in more than 50 years is having a devastating impact on the Mississippi River. The Mississippi has become very thin and very narrow, and if it keeps on dropping there is a very real possibility that all river traffic could get shut down. And considering the fact that approximately 60 percent of our grain, 22 percent of our oil and natural gas, and and one-fifth of our coal travel down the Mississippi River, that would be absolutely crippling for our economy. It has been estimated that if all Mississippi River traffic was stopped that it would cost the U.S. economy 300 million dollars a day. So far most of the media coverage of this historic drought has focused on the impact that it is having on farmers and ranchers, but the health of the Mississippi River is also absolutely crucial to the economic success of this nation, and right now the Mississippi is in incredibly bad shape. In some areas the river is already 20 feet below normal and the water is expected to continue to drop. If we have another 12 months of weather ahead of us similar to what we have seen over the last 12 months then the mighty Mississippi is going to be a complete and total disaster zone by this time next year.

Most Americans simply do not understand how vitally important the Mississippi River is to all of us. If the Mississippi River continues drying up to the point where commercial travel is no longer possible, it would be an absolutely devastating blow to the U.S. economy.

Unfortunately, vast stretches of the Mississippi are already dangerously low. The following is an excerpt from a transcript of a CNN report that aired on August 14th....

ag1969's picture

Recirculating oil dollars

There will be no way to avoid hyperinflation once the dollar loses reserve status because all of the dollars that have been used for oil will return to our shores, and then we are all screwed.  The only reason it has not happened yet is that all countries need to hold onto dollars to keep energy coming in.  So even countries we don't have a serious trade imbalance with still are holding a bunch of dollars.  As soon as any of these countries can buy energy with another currency, all those dollars are coming back to our shores because the USSA will be the only place where they are accepted.

As long as China is is spending there dollars into other foreign countries we will be OK (maybe).  The event that will sink us is when all that money, that has no economic reason to exist in the first place, comes home.

StevenBHorse's picture

Warming up the welcome wagon.

Welcome my new Chinese overlords. 

I wasn't aware that they were wanting to take possession of TN.

I will be glad to take them on tours of our wonderful scenery here in the Smoky Mountains. 

My one condition is that they don't kill the black bears and eat their penises.

http://www.impactlab.net/2008/04/29/a-visit-to-beijings-exclusive-penis-restaurant/

Xièxiè

opticsguy's picture

major weather change

A huge upper level low is forming over N. Ontario and will bring much cooler weather and some rain the the Midwest.  These systems sometimes stay put for a week or more.

Some areas north of Dallas got 4-5 inches of rain last night.  The drought pattern seems to have been broken.  Too late for the crops, but maybe the Mississippi shipping will be saved.

I don't know if this is priced in or not.  Didn't GS buy a weather forecasting company so they could front-run these kind of things?

Mr.Grey's picture

@ napa698

fear is a very effective weapon but like anything else it is not a weapon until it is used as such!

Really-'s picture

OMG! OMG!

Walmarts around the country have run of of tin foil.

Keg's picture

ammo

Words never spoken by a real gun guy:

"No thank you, I have enough ammo."

Nana's picture

China invades U.S. with 'free-trade zones'

http://www.wnd.com/2011/01/257721/

China invades U.S. with 'free-trade zones'

Will nation demand American assets in return for subsidizing Obama deficits?

China has decided to invade the United States, not with tanks and airplanes, but with an army of workers to develop what are being called “free-trade zones” within the U.S., Jerome Corsi’s Red Alert reports.

 

Officials of the China National Machinery Industry Corporation have suggested developing a technology zone occupying 10,000 to 30,000 acres south of the Boise airport for industry, retail centers and homes.

A key argument of Corsi’s book, “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty,” is that China will not long continue to subsidize the Obama administration’s trillion-dollar annual federal budget deficits without demanding U.S. assets in return.

“This ambitious, long-term proposal would start with a manufacturing and warehouse zone tied to the airport, and could signify a shift in the economic relationship between the two superpowers,” the Idaho Statesman’s Rocky Barker reported.

Dagney Taggart's picture

I love Nigel

opticsguy's picture

China colony in Michigan

I don't have time to find the link, but the Chinese bought a bunch of land in S. Michigan and plan to build a mini-Chinese city.  Maybe this is payback for the European colonization of China 120 years ago.

Roger Godberd's picture

Double A could be new triple A

Grim men in suits...

12:26 PM  With the pool of less risky assets diminishing, should money market mutual funds that only invest in triple A assets reconsider their business model? Geoffry Yu, currency strategist at UBS, talks to investment editor James Mackintosh about finding safe assets.

http://video.ft.com/v/1785831267001/Double-A-could-be-new-triple-A

Further info on Bonds.. Turd & Trader Dan..

Dagney Taggart's picture

WB7 on Paul Ryan

Among many fine others at http://www.zerohedge.com/contributed/2012-08-15/new-objectivism

"There are many kinds of greed. There is the professional mooch and there is the compulsive economic parasite. I have no use for either." -WB7

Need I say more? They are history soon.

Mr.Grey's picture

@Dagney

.40 s&w is also available in ar platform as well, it is an effective man stopper but has only short range capabilities that would limit it in my opinion to urban assault.  I am unaware of any agencies in us that are armed with the ar in .40 it is mostly sold to civillians.  On the positive side it would have limited penetration so not killing peeps three doors down.  One has to remember that a handgun whether pistol or revolver is a last resort.

turkeybucket's picture

Tic Toc, August half over

Does the great August and/or summer prediction still hold?

Lamenting Laverne's picture

Question

Dan Norcini wrote in his blogpost:

"Given the mediocre condition of the US economic recovery, it is difficult for me to envision yields breaching this overhead resistance level. Still with a great deal of speculative short positions in the US bond and note futures markets, their short covering might be enough to take them higher for a while longer. A lot of those positions were put on as a result of anticipating the "slowing global growth" scenario; in other words, deflationary forces."

If there are a lot of shorting in bonds, would that not put a upward pressure on yields/interest rates? And when those shorts are covered - bonds are bought back, would that not have a downward pressure on yields/interest rates? It seems like what Dan is saying is the exact opposite. What am I missing here?

WhyMeLord's picture

@China Invades

Finally, more jobs! At least they are investing in the US....

Dagney Taggart's picture

@Grey

Yes, a very useful round. Here's a twist: they're stockpiling it to pass out to American civilians to defend the country when a friend accidentally destroys the army overseas and China and Russia say thanks.

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