Turd Ferguson: The Inexorable March Higher For Precious Metals

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Fri, 11/11/2011 - 17:56 | 1871036 DoChenRollingBearing
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EXCELLENT for bringing Turd Ferguson's article to ZH!  Kudos, Tyler.

Fri, 11/11/2011 - 18:08 | 1871068 ZeeGerman
ZeeGerman's picture

Thank you Tyler for giving visibility to a great man, worried about all of us!

Fri, 11/11/2011 - 18:18 | 1871091 phyuckyiu
phyuckyiu's picture

Amazing how many bloggers started as just posters here on Zero Hedge. Only Turd and Gonzalo seem to have gained major traction after they left, but i'm sure there are many more (do chen, rocky, etc). Feed the Turd!

Fri, 11/11/2011 - 18:52 | 1871167 Mr Lennon Hendrix
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And Bob has his blog, what's it called,,,, tradelikeyourassisonfire.blogspot.com.

Fri, 11/11/2011 - 19:10 | 1871203 SilverIsKing
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My new blog is coming soon.  It's called,

"ifmyasswasreallyonfirewouldibethinkingabouttradingstockswithaburningass.com"

Fri, 11/11/2011 - 19:47 | 1871254 bob_dabolina
bob_dabolina's picture

Really Lennon Hendrix? How much pleasure can you derive by thinking and talking about me while I'm not present? It must be enjoyable.

Perhaps a more efficient allocation of your time would be putting on a nice shirt and going to the local bar and chasing some women? If you're not busy talking/thinking about me you might actually go home with a girl (or guy whatever your thing is)

It is Friday night no? 

If you're married you might be better off focussing on the needs of your woman. 

Fri, 11/11/2011 - 20:12 | 1871285 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Sometimes I joke with my friends.  Learn to take a joke.

I'm heading out to my buddy's house after I make this post.  He is tapping a keg.  I just got back from a restaruant where I made two lady freinds (minus the wait staff, they were friendly as well). 

Being social has never been a problem of mine, which is one of the many reasons I like it here.  I have made some of my best friends on this site.  Anyway, take care Bob.

Fri, 11/11/2011 - 22:27 | 1871474 JW n FL
JW n FL's picture

 

 

I would call bob a Fag but I dont want to disrepect any of my gay friends here..

so asshole while have to suffice!

Mr. Hendrix you just keep on keepin on, he will get his in the end.. I got $5 on it!

Fri, 11/11/2011 - 20:14 | 1871288 SwingForce
SwingForce's picture

..........................................................zilch

Fri, 11/11/2011 - 20:21 | 1871309 trav7777
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I thought his blog was "tradepretendmoney.blogspot.com"?

Fri, 11/11/2011 - 21:39 | 1871405 piceridu
piceridu's picture

Yeah I think you're right trav, or it might be: ikeepfuckinglyingafterimcaughtredhanded.blogspot.com

Fri, 11/11/2011 - 20:02 | 1871273 Robot Traders Mom
Robot Traders Mom's picture

@phyuckyiu-I like what Turd, Lira, and the rest are doing-spreading the word we are in trouble.

 

That being said (and don't get me wrong, I've 'fed' the Turd and gone to the website many times), but the aspect of trading precious metals is ludicrous. If you have a 401k or retirement plan that you can't or don't want to go to physical, buy Sprott/PSLV (or AGQ if that is your thing) and sit on it. You are just going to get yourself in trouble entering and leaving the market.

 

I also think it sends the wrong message of market timing for physical. If you have cash sitting around, it is always a good time to buy physical! You don't wait around for an internet guru named Turd to tell you that. Like I said, it is great there are people spreading the word about the inevitable collapse. Just don't base any investment decisions about what they say is coming. If you have the means, buy it now and sit on it. Anyone that claims to know when the collapse will happen or when the market is going to be parabolic is just guessing.

Fri, 11/11/2011 - 22:33 | 1871479 JW n FL
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I would hope that everyone here..

has:

1. Silver for day to day.. or the next great big run up, it works either way.

2. Gold.. becuase it is Money (so is silver dont start).

3. Guns and Ammo (and I dont mean the fucking magazine)

4. Medicine! all you can get of what you need.. and dont be affraid to hire some young punks if the world goes down the shitter to provide you with a LOT more of what you need.

5. Power.. SOLAR BITCHEZ!! (Physical) or Wind and my Favorite Water / Hydro (you need water to drink any way, why not combine the two and be a Double TIGER WINNER!

6. Water / Dry Goods.. yada yada yada.

 

But.. Silver is WAYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY more scarse than gold.. and guns and ammo.. eveything else if you had too.. you could free from being captive elsewhere.

 

Sat, 11/12/2011 - 04:11 | 1871819 phyuckyiu
phyuckyiu's picture

Rt's Mom, I talked my mom into buying a decent amount of silver sprott when the premium was only at 9%. She thought I was nuts at the time, but she pays closer attention now. My friends and I prefer coins. Cheers.

Fri, 11/11/2011 - 20:07 | 1871278 Solid Gold Bubble
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Don't forget SGS - who has recently moved off Blogspot onto his <a href="http://www.silvergoldsilver.com">own site</a>.

 

 

Fri, 11/11/2011 - 22:22 | 1871467 oddjob
oddjob's picture

SGS has ZERO original content except profanity.

Fri, 11/11/2011 - 23:45 | 1871583 nope-1004
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Agreed.  The Andrew Dice Clay shtick will die quickly.  I think Dice could spell, though.

 

Fri, 11/11/2011 - 18:53 | 1871178 bernorange
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Hear, hear.  Agree 100%.

Fri, 11/11/2011 - 18:09 | 1871070 topcallingtroll
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If you live in peru I may come visit someday. You and your factory woyld be easy to find.

Peru is the boring old man of latin america. I need hard partying hot nights with latinas at the clubs though!

I do want to chew the leaf!

Fri, 11/11/2011 - 18:24 | 1871102 DoChenRollingBearing
DoChenRollingBearing's picture

@ top!

I live here in the USA.  But, we go to Peru twice a year, me to visit customers and plan our purchases.  My wife goes to see family and friends.  We are going down there soon for a couple of weeks.

Let me tell you something.  Peruvians KNOW HOW TO PARTY!  A 4:00 AM finish is almost typical.  You would really enjoy that there in Peru!

The coca leaf is not impressive.  Really to get any noticeable buzz, you also have to put something alkaline there in your mouth (they use some kind of ashes), ick.  And in Lima, no one chews the leaf, it's considered real hick behavior.  But, the trendy "Coca Sour" (Peru's Pisco Sour made with some coca) is something you should at least try.

I think you know my email.  Let me know if/when you are heading down there.

To Everyone: Peru is an extremely interesting country, they are relatively friendly to tourists.  I met the girl who became my wife there...

EDIT:

They are the world's 5th largest producer of gold.

 

Sat, 11/12/2011 - 08:25 | 1871902 cossack55
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and Big Assed Volcanos

Fri, 11/11/2011 - 20:00 | 1871270 centerline
centerline's picture

Is that where they wear funny hats?  It would be cool to wear a funny hat.

Sat, 11/12/2011 - 01:11 | 1871704 philipat
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The main reason why Gold is being manipulated by the CB through the PD's is undoubtedly to prevent other CB's, China in particular, from putting its reserves into Gold rather than green. That would leave only the US to buy its own debt. Gold and inflation would eventually have to respond accordingly and green would be soon worthless.

PS. Green as in dollars not soylent. Although................................

Sat, 11/12/2011 - 03:25 | 1871793 Banksters
Banksters's picture

HI FIVE TO DA TURD,

 

BITCHEZZZZZZZ!

Fri, 11/11/2011 - 17:57 | 1871038 truont
truont's picture

Let's hear it for the Turd!

Fri, 11/11/2011 - 20:16 | 1871303 SwingForce
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The Turd is The Word.

Sat, 11/12/2011 - 02:47 | 1871768 Bolweevil
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Vive l'Turd!

Fri, 11/11/2011 - 17:57 | 1871039 High Plains Drifter
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hey chris.  would you please tell turd that they finally got around to killing that wascally osama the other day,? 

 

thanks pal....

Fri, 11/11/2011 - 17:58 | 1871040 Texas Ginslinger
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Turd...!!!!!!!

Thanks for all you do, man.......

Fri, 11/11/2011 - 18:00 | 1871048 topcallingtroll
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Hi Hammy, Dona K, and MBD!

Fri, 11/11/2011 - 19:29 | 1871238 Doña K
Doña K's picture

You rang?

My fear is that the Bernak has unlimited amounts of digital money and he can supress gold forever. Even though, I do have a chunk, I am afraid to buy anymore.

Not sure what's going on. Turd's thesis, is theoretically intact.

 

Fri, 11/11/2011 - 20:02 | 1871276 centerline
centerline's picture

+1, I visit the Turd site regularly.  Junior Turdite status.  About to convert some long dated bonds for my kids college funds into PMs.  The writing is on the wall folks.  2011 has already said everything you need to know about the extents to which the maniacs will go to preserve the status quo.

Fri, 11/11/2011 - 17:59 | 1871041 Dolar in a vortex
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Turd = Big hat, no cattle ... but plenty of PM.

Fri, 11/11/2011 - 17:59 | 1871043 Yardstick of Ci...
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Honest question: If the system is imploding because of too much debt that is denominated in fiat currency, the won't actual paper money (which is in relatively short supply compared to electronic money/debt) become extremely valuable?  Isn't the whole thesis deflationary?

Fri, 11/11/2011 - 18:04 | 1871057 topcallingtroll
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ONLY IF CENTRAL BANKS DONT MONETIZE.

I am counting on some monetization of debt, some deflation, and hoping for time, productivity, and growth to do the rest.

I believe in a long slow muddle through to a slightly lower standard of living. No serious deflation. No serious inflation.

Fri, 11/11/2011 - 18:18 | 1871095 common_sense
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How much time bank system will be support without financement??

Fri, 11/11/2011 - 18:31 | 1871127 B9K9
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What you're observing is the middle-game: default & print. TPTB manage effective default through means testing, raising of age limits, etc, in addition to selected actual hard defaults (ie Greece et al "50% haircuts"). Then they offset the deflation via printing in order to maximize the appearance of stability, resulting in this seemingly weird b-flation where both the deflationists (Stoneleigh, Denninger) and inflationists (Lira) are wrong.

But, it's important to note that it is still only the middle-game. That is, it attempts to manage the route towards our inevitable conclusion, which is foreordained by the simple mathematics of exponents. It really is a pity Mako got banned - he was the one guy who rightly pointed out that once that first fateful step is made by using interest bearing credit, the death certificate can be printed, with only the date to be applied at the appropriate time.

Now, the Chosen know this perfectly well. I mean, it's a craft that has been perfected by them for over 5,000 years. So when they launch another credit cycle, they already know the steps which lie ahead in terms of the middle-game we're currently experiencing, and then the eventual end.

The end comes when everyone's purchasing power has declined to such a degree that instincts born of pure animal competition for scarce resources reasserts its dominance. In other words, war. Any review of history reveals this pattern - it's a lock-solid sure thing. So the key aspects to understand are: (a) how the credit-money system works in the first place; (b) where we are in any particular cycle; and (c) how to possibly survive the coming blast.

Fri, 11/11/2011 - 18:36 | 1871144 traderjoe
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Mako got banned? 

Fri, 11/11/2011 - 19:17 | 1871215 nope-1004
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Don't think so.  Shit, if Robo ain't banned, then no one can be banned.

Mako made some good points, but he also was extreme in calling Tyler out on where we are in the cycle:  Inflation / Deflation thing.  But, in all fairness, I don't believe he was banned.  Like Cheeky, he's either now writing for ZH or just said the heck with it.

 

Fri, 11/11/2011 - 20:09 | 1871282 centerline
centerline's picture

I enjoyed reading Mako's posts and learned alot - but, he lost it and bit at the Tylers.  Everyone lost in his banishment.  But, he did piss off the host.  Bad form - but understandable when viewed from the perspective of frustration.  Once you look the truth in the face, you are never the same again.  I have struggled for a couple years now to just keep my head up at work at times.

Fri, 11/11/2011 - 22:41 | 1871493 JW n FL
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I dont think Tyler banned Mako..

1st off Tyler is a BIG BOY and has a set of Ballz to Match.. Tylers Posts (not the filler news updates) are Fucking Toothy and Worthy of ALL the attention plus..

so, Tyler would not Ban anyone for having a good point or a bad point for that matter..

I am still here and I piss off everyone!

So Mako is out there! come one Mako! show yourself! save Tylers good name! I know you want too!

Fri, 11/11/2011 - 23:20 | 1871552 Frank Owen
Frank Owen's picture

Tyler's good name doesn't need saving, ZH is solid for letting people speak... However, there are lines that are not to be crossed and I am pretty sure I watched mako cross one of them some time ago.

Fri, 11/11/2011 - 23:28 | 1871564 defender
defender's picture

I think that I remember a "screw you guys, I'm going home" post from him just before he disappeared.  Basically he said that he was tired of repeating himself and banging his head against the wall, and he would rather spend his time getting himself prepared for what is to come.  He might have even went off the grid, as it looked like that was his end goal.

To the best of my knowledge, every person that was banned was allowed back in after a cool off period.  Chumba would be a good example, as well as someone that I am glad to have back on the board.  I am pretty sure that they were given warnings as well.

Sat, 11/12/2011 - 00:14 | 1871617 Carlyle Groupie
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Any good ZH 'asset' is under full control.
http://educate-yourself.org/mc/

Once management feels you are not zheeple material they send you to slaughter.

Sat, 11/12/2011 - 00:59 | 1871683 defender
defender's picture

I have been lurking here since the blogspot days.  There are very few people that have been banned that I can think of, and of those, at least 2 were allowed back on. 

Sat, 11/12/2011 - 02:11 | 1871751 RockyRacoon
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Personal spats and disputes with the Tylers hasn't resulted in removal of anyone as far as I can see.   Being crude, rude, and other socially unacceptable writing sure has.  No need for it.   Anything can be discussed rationally but some just don't seem to be able to maintain the required civility.   As a side note, I also get tired of explaining the same old stuff to the same old obstinate folks.   Convincing people who are steadfast in their misconceptions is futile.   I'd rather not.   Same goes for friends, relatives, and neighbors.   If a gentle coaxing doesn't get them started on the road to survival then there is no use wasting time on them.   I do like the Turd and hope he hangs in there with his work.

Sat, 11/12/2011 - 02:53 | 1871770 Bolweevil
Bolweevil's picture

They're all lurkers.

Sat, 11/12/2011 - 04:27 | 1871825 phyuckyiu
phyuckyiu's picture

I miss your posts rocky.

Sat, 11/12/2011 - 02:41 | 1871767 merizobeach
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"I have struggled for a couple years now to just keep my head up at work at times."

Allllllrighty then!  http://vimeo.com/27582815  :-D

Sat, 11/12/2011 - 11:51 | 1872074 beachdude
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Once you look the truth in the face, you are never the same again.  I have struggled for a couple years now to just keep my head up at work at times.

You said it, centerline... this is a topic in and of itself. Just dealing with people at the office and their cognitive dissonance can be incredibly difficult.

I think they know that somethings wrong, but they don't know what it is, or what they would do about it.

They don't know that they don't know, and they don't want to know.

Do NOT follow this link or you will be banned from the site!