TFMR Podcast #13 - The Straight Skinny from Gonzalo Lira


With everything in Europe seemingly coming to a head very soon, I thought it would be wise to ring up Gonzalo Lira, as he has a much better grasp of the situation than I.

In this podcast, I give Gonzalo free rein to go wherever he wants. Part of that was intentional; Turdites will recall that the Skype connection between Anytown, USA and Santiago, Chile is slow and creates a "delay" in the recording of the call. Part of it was intentional, though, as you all get plenty of my BS on a daily basis. I figured that if Gonzo was willing to give us the time, I might as well let him have the floor.

This call begins with a discussion of the mysterious trillions of bearer bonds rounded up today in Switzerland. From there, we discuss Europe and the eventual default of Greece and then conclude with some thoughts on Iran and the implications of the war that seems to be brewing.

If you enjoy this podcast, I would strongly you to consider becoming a subscriber at Gonzalo's website:

Membership has its benefits. Not only do you receive timely analysis but Gonzalo also he hosts instructive webinars for his clients about once per month.

The podcast runs a bit longer than usual at 50 minutes or so but, if you have the time over this 3-day weekend, I encourage you to listen to the entire thing.



Feb 22, 2012 - 6:34am

If you really want to know

If you really want to know details on this 6 Trillion in Bonds, this website has a good summary

Please note the website is a little out there with Cosmos stuff, but that does not discount the fact that the information is incredibly well researched.

The link claims that these 1934 Bonds are REAL and were Bonds Given to Chiang Kai-Shek by Roosevelt in order for the US to Hold All of the Gold and Treasure of China to save it from the Communist who were going to take over China. Chiang Kai-Shek worked out a deal for the US to hold the Gold for 60 years and now the US is not wanting to give back their gold.

Feb 21, 2012 - 4:35am

No disrespect to the great Turd and a great interview - - but -

Gonzalo's position on gay rights appears to be a collectivist nightmare. Like most collectivist philosophy it turns a blind eye to the fact that human progress is mostly driven by eccentric, crazy, bent individuals.

Feb 21, 2012 - 12:47am

No thanks

Lira is not someone I pay much attention to.

Why would I say something like that ?

He was exposed as a dilettante by Nicole Foss in their inflation v deflation debate, Warren Pollack made a great video challenging Lira to a debate for some of the things he has said as well. I also don't like his position on homosexual rights...

As warren said "Lira should go back to film making"

Love the turd, dislike the lira

Feb 20, 2012 - 6:23pm


Fucking eh, and Canada is not far behind. Osa bound.

Mariposa de OroSeoul_Stacker
Feb 20, 2012 - 3:58pm

Deeply Saddened S_Stacker

I'm an American ex-pat with no plans to return to what was once the greatest country on earth. Americans decided to commit suicide back 2008 and are determined to continue that plan. I'm an Army veteran. Thirty years ago, when I enlisted, if anyone told me I would be so thoroughly disgusted at what America has become, I wouldn't have believed them. America was humanity's last hope and its now turning into a marxist police state. Well, who the hell am I to tell Americans they're making a huge mistake? Who am I to try to stop it? Apparently this is want the majority of Americans what - a fundamental transformation of the greatest nation on earth. They want The Hope and The Change. Right now, America still has the old appearance of greatness. Give it four more years of the current regime and America will be unrecognizable. Sorry, but I'm not hanging around for that. I would return and contribute under the right circumstances but as of now, those are nowhere in sight.

Feb 20, 2012 - 3:05pm


I'm born and bred dutch, but I'm not very nationalistic, you will not win me over though I like american spirit and guns, I think your nationalism is clogging your vision, and it whitewashes warcrimes committed for which you will pay on the way down to a 3th world country. Don't tread on the rest of the earth, or eat lead evil empire punks.

Feb 20, 2012 - 12:30pm

Deeply saddened, cheer up I'm stayin...

Stayin in the US cause this is where it was conceived over 200 years ago by a group of young, intelligent, patriots, that America should be the place where the most heavily armed citizens of the world calls there home. Name another place where in a nations states citizens hold such an important constitutional right, a right to "keep and bare arms" and the vast majority of which are law abiding? their ain't no such place, I'm stayin cause this is my home, and if home becomes the peoples Alamo, so be it.

Feb 20, 2012 - 12:29pm

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Feb 20, 2012 - 12:29pm
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Key Economic Events Week of 7/6

7/6 9:45 ET Markit Service PMI
7/6 10:00 ET ISM Service PMI
7/7 10:00 ET Job openings
7/9 8:30 ET Initial jobless claims
7/9 10:00 ET Wholesale inventories
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Key Economic Events Week of 6/29

6/30 9:00 ET Case-Shiller home prices
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7/1 8:15 ET ADP Employment
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Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
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6/23 9:45 ET Markit flash PMIs for June
6/23 10:00 ET New home sales
6/25 8:30 ET Q1 GDP final guess
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Key Economic Events Week of 6/15

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6/9 10:00 ET Job openings
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6/10 8:30 ET CPI for May
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6/10 2:30 ET CGP presser
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5/14 8:30 ET Initial jobless claims and import prices
5/14 1:00 ET Another Goon Kashnkari speech
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5/4 10:00 ET Factory Orders
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