TFMR Podcast #22 - John Butler, author of "The Golden Revolution"


Of all the podcasts I've recorded, this is certainly one of the most important.

Our pal, Ned Naylor-Leyland, introduced me to John Butler a few weeks ago. I'm grateful that he did because John's new book, "The Golden Revolution", is the most important book that I've read in quite some time. At just 200 pages, the book neatly summarizes the history of global sound money, the circumstances surrounding the exit of the previous gold standard and the likely events that will effect and implement the next, global gold standard. Read this book and you will begin to understand how and why this new gold standard is inevitable.

I implore you to purchase this book for yourself and/or someone else. Father's Day is right around the corner and it would make a terrific gift, too. Most importantly, John's book is indispensable in the preparation for the end of The Great Keynesian Experiment and you simply must read it.


May 29, 2012 - 11:52am

Euro 1.20

It's around the corner. All the talking heads talking about the ridiculous short position is making average retail that a huge short squeeze is around the corner. Not yet, its going down hard and quick, prob hit by thursday, will take the PMs and all commodities for the ride. Fri Jobs will look to be real bad, dollar will weaken, PM rally on QE hopes. Hopefully we find a bottom this week, hopefully gold will bottom for the 4th time around the 1520s. This is the setup, prelude if you will, for a prob FED intervention in June, they will be "forced to". Fireworks just starting, going to be a wild week.

Be Prepared
May 29, 2012 - 11:52am

Everywhere we see... A Sinkhole...

Just waiting for Chase... to have their hand out for another cash infusion.

May 29, 2012 - 11:54am

algos tripped now, htf baby !

algos tripped now, htf baby ! lookm out 1550 and 27.50

Groaner Planters
May 29, 2012 - 11:56am

stock market hardly dropped..

they killed the metals.. I guess we know why now they lowered margins.. to pile on more shorts.

Monedas Be Prepared
May 29, 2012 - 12:02pm

Be Peppered !

Dependency means free "Depends" on demand ! "This is what my son's fists would look like !"....B. O. Juice Monedas 1929 Comedy Jihad Condominium Security Patrol

May 29, 2012 - 12:04pm

Story out

about how the fed may do more twist, or QE#--so somehow that was used to trigger paper selloff

its their bat and ball folks--for now--by the time the regular folks have control this entire economy and society will really be messed up

May 29, 2012 - 12:16pm

With this colorful image I

With this colorful image I wanted to show that in log scale, where silver for 10 years follows its natural exponential growth trend ( which is straight line in log chart) , silver has only ONCE erupted outside the down limit of a channel on which it rests also now.

At the same time, with last 3 minimums it is playing around 50% fibo retracement from the whole ascent since 2002. That is quite a retreat given the fundamentals.

Will it break it again,or situation for commodities in general and silver in particular is NOT so bad as in Autumn of 2008 when USDx was around 88 for 6 months in a row?

Just need to check if it has not been broken while I post...seems not...Now fast action:

Testing different charting tools. This one is from

May 29, 2012 - 12:18pm

Wow, this is getting ridiculous

What's the latest rumor - more twisting or QEing? I thought that was supposed to lift the metals??

What an absolute joke the markets have become. Nobody is even bothering to come up with good lies or cover their tracks anymore. The brazenness is surely a sign of just how desperate things have become - it's like the Titanic is going down and these guys are running from room to room looting everything they can find before it goes under.

foggyroad Anonymous
May 29, 2012 - 12:23pm

@ peckerwood-re something off My chest

You said

"english is my first language, but i never got to use it much. as much as i try, i know that few can relate to my posts. let's just say that i spent most of my life talking to machines. that said, i can tell you that every post here is read and saved by evil people. i probably could prove it beyond anyone's doubt. i quit posting on yeehaw because of that. i started off years ago in telecom, and rode that all the way into the IP world where we are at now.

truth is i don't care anymore, and i no longer have any fear. i am at a level spiritually that makes me unkillable. we all need to spread the truth - we have the power. we can never allow another Nazi Germany, or any of the other God forsaken manifestations of Satan on this planet again. if i am right in what i have figured out so far, it can't happen again. but all reading this must know that it is your duty to spread truth . there are consequences for all that you do.

most of you will think i'm a nutjob , and i'm fine with that. i only hope that you consider what i have said, and remember it.

thank you all - thank you Turd."


My sincere thanks for putting into your post what I and I think, many other turdites feel! "All it takes for evil men to prevail, is for good men to say nothing!"

You Sir, are a good man!

Best regards; foggy

May 29, 2012 - 12:23pm

TA first try - bullish!

As with this price action there is nothing much to do, today I decided to start reading about Technical Analysis ( for the first time, would You believe that?) as I anyway like to study charts and patterns.

So I immediately came up with a bullish pattern for silver resolving all the problems about June 4th-6th:

Is is called Ascending triangle-definition from

There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation.

I have overlayed it with Brent crude to see where silver may part with commodities. May be here?

So cheer up!

Well, its almost broken before I managed to post it! Must draw faster! USDx moves up with a speed of light-82,55. I wander how much longer FED would accept that.

May 29, 2012 - 12:24pm

I voted for Harper

I hope I didn't make a mistake. Our multi party system in Canada should work well but the parties need to try a lot harder to raise the caliber of there leaders.

Surely, We can find some intelligent, sincere, charismatic, well meaning individuals to run Our affairs.

While still, respecting the principals of fair debate and pass legislation on its merit alone.

If legislation cannot stand up to debate, then it needs to changed until it fits the mores and values of the majority of Canadian voters

The means, is as important as the ends! Always!

What the hell is wrong with Our politicians, too lazy to win the day on merit, and hard work. Good legislation will overcome partisanship every time.

(Rant off)

TF the pod casts interviews are just excellent!!

May 29, 2012 - 12:26pm

At least this is a solace to

At least this is a solace to me...But I did not trade on it--You know, I could have:) :


Donate Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events Week of 3/18

3/19 10:00 ET Factory Orders (Jan)
3/20 2:00 ET FOMC Fedlines
3/20 2:30 ET CGP presser
3/21 8:30 ET Philly Fed
3/22 9:45 ET Markit PMIs
3/22 10:00 ET Existing Home Sales
3/22 10:00 ET Wholesale Inventories (Jan)

Key Economic Events Week of 3/11

3/11 8:30 ET Retail Sales (Jan)
3/11 10:00 ET Business Inventories (Dec)
3/12 8:30 ET CPI (Feb)
3/13 8:30 ET Durable Goods (Jan)
3/13 8:30 ET PPI (Feb)
3/14 8:30 ET Import Prices (Feb)
3/14 10:00 ET New Home Sales (Jan)
3/15 8:30 ET Empire State Manu Index
3/15 9:15 ET Cap. Util. & Ind. Prod.

Key Economic Events Week of 3/4

3/5 9:45 ET Markit and ISM services PMIs
3/5 10:00 ET New home sales (Dec)
3/6 8:30 ET Trade Balance (Dec)
3/7 8:30 ET Productivity and Unit Labor Costs
3/8 8:30 ET BLSBS
3/8 8:30 ET Housing starts (Jan)

Recent Comments

by HappyNow, 9 min 13 sec ago
by Turd Ferguson, 11 min 17 sec ago
by Dr Jerome, 18 min 46 sec ago
by -SilverIsMoney-, 1 hour 19 min ago