Another 3-day Weekend? Must Be Time For Some Jackass!


In what has become a tradition here in Turdville, our pal Jim Willie stopped by this morning for a wide-ranging, hour long discussion. <Note: This is a free, public thread!>

This baby checks in at just over an hour so you might want to break it up into parts. Download this to your computer/ipad and, if you need some time away from the pool or the beach, put in your earbuds and go to town! Amongst the topics discussed are these:

  • The latest developments in the budding "Eur-Asian Alliance"
  • The progress the BRIC nations are making in setting up the 21st Century financial system
  • Falling U.S. interest rates and the treasury market
  • DoucheBank and the other walking, TBTF zombies

Jim has promised to join us again for our next 3-day weekend in July. Until then, this hour-long discussion should satisfy even the most starved info-junkie.

Have a great weekend!



Dagney Taggart
May 23, 2014 - 11:12pm

Define Irony

Goldbugs Vindicated: George Soros Breaks the Comex!

(Just playing with hyperlinks. That's not me BTW.)

May 23, 2014 - 11:56pm

it is

a short road from intelligence to stupidity, we all see the road but most of us have no idea which fork to take. this is the reason we come here. i know i am a ra-ra man for the metals , and i know i fall into turds broadcast. but hell what am i supposed to do, turd is but one of the voices i get to hear the rest of you add so much more , with out this site we would not have the insight we have today, if we turn on each other we lose , if we learn from each other we win , if lying is an art form then this country has become an artist, but because i never went to that side i still get to view this from my point of view

once more into the fog


May 23, 2014 - 11:59pm


Kerry told me he'd have this up on Tuesday but he's decided instead to put it out right away.

I was juiced up pretty good on coffee and reasonably on my game. If you have the time...

Spartacus Rex
May 24, 2014 - 12:19am

fwiw TF Excellent Report...


Re: " juiced up pretty good on coffee"

Man, that is some powerful "coffee"! Seems like its effect is quite similar to helium. Just ribbing, sorry.

May 24, 2014 - 12:34am

Happy Birthday Jim Willie


You aren't getting're getting better!! You're just a spring chicken with good years still to live....

May 24, 2014 - 1:20am

What a week

Weekly News Wrap-up 5.23.14

By Greg Hunter On May 23, 2014 In News

We go overseas for the top stories, and they involve China, Russia and Iran. First, China and Russia and the oil and natural gas deal that excludes the dollar, in a deal worth 0 billion over the next 30 years. Please take note, this deal excludes the U.S. dollar. If this doesn’t signal the beginning of the end of the petro dollar, then I don’t know what does. Meanwhile, half the U.S. Senate is more worried about the Washington Redskins football team changing its name. We have to have some of the dumbest leaders on the planet. The end of oil trade in dollars is big trouble and will guarantee big inflation in the U.S.

Then, it was also reported that Russia is working on a deal in Iran to build eight nuclear power plants. I thought there were negotiations going on with the West trying to curtail Iran’s nuclear power program. Iran has long contended it was for the peaceful production of energy, and Iran has significant deposits of uranium. The West says it is afraid of Iran getting material to build nuclear weapons. I don’t see how this is going to get resolved. I think it is pretty clear that Iran is NOT going to curtail its program. So, either the West totally backs down and accepts Iran’s nuclear program or there is going to be some sort of war. I am not advocating war, but I just don’t see another set of options.

Also, this week, there is news that Russia test fired an inter-continental ballistic missile. It’s being reported the Russian military is testing a new "combat payload." The missiles are reportedly"hypersonic" and can carry up to "10 warheads." There are members of Congress who say the Russians have violated strategic arms reduction treaties, including one signed as recently as 2010.

Back here in the U.S., another scandal for the Obama Administration and, this time, it’s veterans who have died while waiting for medical treatment. It has been revealed the Veterans Administration falsified waiting times to make it look like veterans were receiving lifesaving care. In reality, dozens and dozens of vets died waiting for care. The President says is this is "dishonorable and disgraceful," but this has been an ongoing problem that the President promised to fix when he first ran for President in 2008! The day after he said this, one of his top priorities was a campaign fundraising stop, not a trip to a VA hospital. Please keep in mind, the VA is government-run health care–just like Obama Care.

In another Obama Administration scandal, the Democrats have decided to join the House committee investigating Benghazi where four Americans were murdered by al-Qaeda related terrorists. Nancy Pelosi says she can’t trust the Republicans to be fair. I say, isn’t the truth fair? What happened before, during and after the attack and why. The White House is still withholding documents. If the President and then Secretary of State Hillary Clinton didn’t do anything wrong, then just release all the documents and let’s be done with it. I still say this could crater Hillary Clinton’s shot at the White House in 2016.

Harvard Law School Professor David Barrron, who helped craft the legal justification for the drone murder program, is one step closer to becoming a federal appeals court judge. Barron, also a former Justice Department official, was nominated to the 1st U.S. Circuit Court of Appeals by the Obama Administration; and, this week, the Senate voted along party lines to allow his nomination to go forward. Even liberal Democrat Ron Wyden voted ‘yes’ to the man who gave legal cover to what some say is totally unconstitutional. Thousands have been killed, including four Americans, abroad. There are no charges, no trial and zero due process that is afforded in the U.S. Constitution. The drone murder program even targeted and killed a 16 year-old boy in Yemen, whose father was also targeted and killed in a separate attack. By the way, more than a hundred kids have been killed in collateral damage. Now, that’s how you win hearts and minds.

Finally, another week, another big bank is fined for criminal activity. It was reported, this week, that Credit Suisse was fined .6 billion for helping wealthy Americans avoid paying taxes. The Justice Department boasted this was the largest fine ever paid in a criminal tax case. Please note, it was a"criminal" case according to the Justice Department. Didn’t Attorney General Eric Holder recently say that no bank was "too big to jail"? This is what really gets me. The bank is responsible for paying the fine and not the top officers of the company. That means shareholders are being penalized for the so-called criminal activity, and no top bank official has yet to go to jail for what the Justice Department repeatedly calls crime.

Join Greg Hunter as he analyzes these stories and more in the Weekly News Wrap-Up.

Video link

May 24, 2014 - 3:28am
May 24, 2014 - 5:33am

Yup, Norcini is an asshole

'It is "Hallelujah" Time over there with them. "See - we were right all along - this is proof positive that every single big move lower in gold is the result of evil, nefarious forces suppressing the price of gold on behalf of the government". So what does the story show us? Simple - a big bank has been fined for knocking the price of gold lower in order to prevent having to make a payment to a customer. Indeed, this is most certainly a corrupt thing. Anytime the regulators can catch this sort of thing occurring and attempt to put a stop to it we should all be pleased. I have had more than my fair share of dealing with bizarre price swings in markets - just yesterday I was pointing out to a reporter at Reuters some suspicious activity in the hog market - but is this the same as saying that the price of gold is being CONSTANTLY manipulated by these big banks in order to do the bidding of the government? Not hardly. It seems as if it was much more mundane than that - as noted above, the trader was trying to avoid paying a customer $3.9 million.'

No manipulation then. Just trying to avoid a payment.

What a tool. Game over.

Spartacus Rex
May 24, 2014 - 5:38am

@ Bollocks

Wait until his fiat is only useful for A**wipe before he finally gets a Clue!

May 24, 2014 - 5:39am

The way of things

Totalitarian Collectivism

"The fact is that the modern implementation of the prison planet has far surpassed even Orwell’s 1984 and the only difference between our society and those fictionalized by Huxley, Orwell and others, is that the advertising techniques used to package the propaganda are a little more sophisticated on the surface. Yet just a quick glance behind the curtain reveals that the age old tactics of manipulation of fear and manufactured consensus are still being used to force humanity into accepting the terms of its own imprisonment and in turn policing others within the prison without bars.” - Paul Joseph Watson "Corrosive incrementalism of totalitarian policies developed in an environment of gradual apathy, over the last half century. Dissenting opposition movements, persistently confrontational against the establishment became less organized and vocal. As a result, institutions of influence descended into deeper depths of moral corruption, as the agencies of bureaucratic dominance expanded their reach and scope of tyranny." - See more at:

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