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 18, 2012 - 3:57pm

Thanks for the GL podcast

Hi Turd,

Thanks very much for the second Gonzalo Lira interview. I am an SPG member. It was wonderful to listen to the two of you interact on such important matters today. Bravo!


Feb 18, 2012 - 3:49pm



Peace on earth

Good will towards all

and a balanced budget

or a new technology that creates gold and silver from sand.

Feb 18, 2012 - 3:45pm
Feb 18, 2012 - 3:36pm

Saturday warning from Santa

Dear Friends,

Iran is to be dropped out of the Swift system in Belgium. That means Iran could neither send or receive bank money wires.

That would slam Iran's economy.

This is economic war at the highest level of conflict. This could start a greater move of central banks with fears of the West to increase and retrieve their gold positions. It certainly puts cash reserves held by central banks (which are computer entries anyway) into serious question as to security.

This is as serious as it gets in nuclear and economic terms. The only weapon that can be effective against Iran's nuclear industry is Western nuclear deep penetration bunker busters.

Hold tight to your insurance investment positions.


Feb 18, 2012 - 3:25pm

Re;Bonds - Is all Paper worthless? - Buzz

Please see my post from end of previous daze; '' Generally you can take it that if it does not feel right, then it is not right.'' Well....let me add that the EE is professionally good at what they do, spreading mis-info - and we are all gonna stumble along the way here - I mean - get sucked-in. There is a War going on in the world of Finance - Remember? And, recall - their whole scam is built on confidence and mis-info and mis-placed trust. What's Real?
None of it. Git over it. Re; all these Bond stories.
I would say that 99.99% of all sheeple do not know that the bond market is now three times as large as the stock market ever was. Rick Santelli MSNBC reports from the Chicago Bond exchange everyday, and even the other talking heads make fun of him because even they do not understand the bond market, and it's huge relevance. Everyone has a huge portion of their pension invested in Bonds -International, Corporate, Municipal, etc..
Further, this mis-info campaign has a specific purpose. TPTB never allowed the sheeple to dabble-in their private kingdom. Only funds and banks can trade in Bonds - exclusively. How effective have they been in keeping us ignorant of that realm? Well, just try to find anyone who can even explain that market to you, or where it is, or who can participate. Go ahead - I'll wait. So, my sense at this point, is that we are witnessing some in-fighting amongst TPTB. And an attempt to spread fear into the "Safe-Haven" bond market. It is anything BUT a safe-haven, but TPTB have programmed that into the sheeple, and now everyone is running there [to bonds], as they loose faith in Wall St. But, Bonds after all, are the heart of the EE Paper Kingdom, so the surfacing of these huge piles of Bonds of mysterious origin, and the questioning stories of their validity are all just meaningless BS. WHY?
Bottom line; [from the fiat paper view point of this forum]
ALL bonds are worth nothing.- Fancy printed Paper. The next level of Fiat. Your pocket fiat times a million. For you Math guys that's; 0 (x) 1,000,000 = 0. A Bond is just a promise to give you yur money back [at some point in the future] and as such they are worth no more than any other future contract or derivative. Did M F-ing Global show you the value of those future contracts????
SO, if the guy you give yur money to, [the guy selling the Bond], has a bigger army, or more expensive joooish lawyers, and said party decides to not pay you back - you are fked.
What I'm saying is that the Bond market is at the very heart of the whole Paper Ponzi scam, and deciding which Bonds are more real than any other, is akin to deciding which is the best looking horse at the glue factory - when in fact they are all walking dead. Now I know some of you will say that there is a distinction between derivatives and bonds and CDO's, etc. I will say to that; You are sifting thru chicken entrails. They are all worthless paper WTSHTF.
Feb 18, 2012 - 3:20pm

What would make you guys turn

What would make you guys turn bearish on gold and silver, what would the indicators be? Thanks, I appreciate it.

Feb 18, 2012 - 3:08pm

Greece today - from a Greek

Very interesting piece about Greece from a Greek.

Really - I would not waste your time here;

Feb 18, 2012 - 2:11pm


Thank you

Feb 18, 2012 - 2:02pm

there are lots of places to go

for me it on an ocean. if this is in america or not, depends. have options.

Feb 18, 2012 - 1:44pm

A latin is hotblooded and overemotional?

Shocking. I'm shocked. I'm astounded. I'm completely surprised.

As crappy as it is here with the creeping fascism, I think you'd find the theocracy of the muslims would suck even more.

I personally draw the line at theocracy of any kind - I will not put up with that, anywhere.

As far as I can tell, there's no real good place to go anymore. If there is a place that's less screwed up than the U.S. and isn't likely to be nuked in a WW3, I'm all ears.

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