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The Smartest Guy in the Room

30 Aug

I listen to, or read articles from, a lot of economic gurus, precious metal gurus, etc.  Most of them are well-known because they are well-known.  We listen to them and believe them because they speak as “authorities”.  As “authorities,” they talk to other authorities and are aware of things you and I don’t have time to discover on our own.

But much of their “authority” is based on their style and celebrity rather than their actual knowledge.

Here’s an interview by Greg Hunter of a man named Craig Hemke.  I’d never before heard of Craig Hemke.  He has no celebrity.  He’s not a well-known guru.  He has no authority.  He lives in Kansas (there are no gurus in Kansas).  I’m pretty sure he writes under the pseudonym of “Turd Ferguson”.  He didn’t even put on a sports coat when he was interviewed.   How could anyone who goes by the name of “Turd” have much to say of any importance?

Well, despite his lack of celebrity and sports coats, what Mr. Hemke has is intellectual brilliance, great factual knowledge and an almost incredible capacity to communicate without vanity or arrogance.  He strikes me as the “smartest guy in the room”.  He’s worth listening to because he really knows what he’s talking about.  He’s not just parroting whatever he’s heard from others.  He gets it.  He really understands what he’s talking about.

He doesn’t just tell us–he explains that:

  1. We no longer have markets; we have the “illusion of markets”.
  2. Central banks are desperate to maintain the “illusion of normalcy” and do so by programming computers to not simply make money on the markets, but to also sustain the “illusion of normalcy”.
  3. Trading on COMEX is a losers’ game that’s actually rigged to rob customers..
  4. Iran and Saudi Arabia are threatening to go to war against each other.  Both would profit from such a war since it would shut down Middle East oil supplies and thereby raise the price of crude oil. How can you stop a war where both sides will profit?

I hadn’t previously heard even one of those arguments.  Every one of those arguments strike me as valid and insightful.  I think I can learn from this man.  I have no higher form of praise.

Craig Hemke runs a website called TFMetalsReport.com.  I’ll be going there for the first time just as soon as I post this article. I don’t know what I’ll think about him tomorrow, next week or next month.  But for now, he strikes me as the smartest guy in the room.

video    00:41:38

 

 

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36 responses to “The Smartest Guy in the Room

  1. Fifee Tean Wheeler

    August 30, 2015 at 10:40 PM

    @ But for now, he strikes me as the smartest guy in the room.
    Same here. Honest too!

     
  2. Henry

    August 30, 2015 at 11:18 PM

    Is this video some sort of infomercial? For the smartest guy in the room to dispense bullish gold and silver commentary under the guise of market analysis, and then direct viewers to a website with wall-to-wall ads for gold and silver investments, gives the appearance of at least a conflict of interest if not outright shifty hucksterism.

     
  3. Adask

    August 30, 2015 at 11:52 PM

    If I understand correctly, he charges $10/month for access to his entire website. That doesn’t sound like he’s motivated to make a fortune off the unsuspecting.

    I’ve interviewed Greg Hunter a number of times and I’d be shocked to find out that he was helping to produce an infomercial.

     
  4. Toland

    August 31, 2015 at 2:04 AM

    Is this video some sort of infomercial?

    Seems like it, though the interviewer thought his guest was a legitimate analyst.

    The smartest guy in the room is cleverly exploiting viewers’ trust in the objectivity of this journalistic interview format in order to pitch gold & silver without disclosing his commercial relationships with gold & silver dealers – for example, the advertisers at the website he tells the audience to visit. I agree that this has the look of dishonest marketing.

    If you have a financial interest in the “analysis” you’re presenting, especially where people’s hard-earned savings are on the line, full disclosure is called for.

     
    • Bart Shavitz

      August 31, 2015 at 9:39 AM

      Henry, Toland, & Associates,
      @ Is this video some sort of infomercial?
      As you have said previously, only those that have eyes to see will see. Based on your “spiritual understanding” & proof of this by the scriptures all of you submit & agree with, as you can “see” very few, if any see What you do. This is also why you understand the MOOA issue, “correctly”. It takes a “spiritual perception”. Very few have this perception. You & Henry & Roger do, & this IS an advantage you have over the dimwits/dullards, etc.

       
  5. DOG-MOVE

    August 31, 2015 at 6:43 AM

    I’m reminded by viewing this video of another smart man named James Dines who stated that ” gold and silver are the hitching posts in the financial universe”.

     
  6. palani

    August 31, 2015 at 7:01 AM

    Illusion is an impression that, though false, is entertained provisionally on the recommendation of the senses or the imagination, but awaits full acceptance and may not influence action [author unknown]

    Two of the biggest illusions are that
    1) players in the commercial plane own the assets they play with
    2) your appearance to others is accurately displayed by a mirror. The mirror does not reflect words (sounds), actions (intent) or representation and these are the attributes that establish appearance.

     
    • Colin

      August 31, 2015 at 7:43 PM

      Never heard that second point before. Very insightful!

       
  7. Roger

    August 31, 2015 at 12:56 PM

    Now that we’ve established who the smartest guy in the room is, who’s the dumbest guy in the room?

     
    • Henry

      August 31, 2015 at 2:19 PM

      Roger, I disagree that the guy being interviewed in this video is all that smart. We’ve heard content like his many times before. Instead, I nominate Al for “smartest guy in the room”, since Al’s ideas are far more original and insightful – and they’re often even correct.

      In answer to the question in your post:

      Look for someone who tells lots of childishly transparent lies – someone whose arrested notions of wit and retort are a throwback to the schoolyard at recess in the 5th grade, with an “all-caps and exclamation points” writing style to match. Ironically, this tedious fool is quite self-impressed and is correspondingly unwilling to STFU, regardless of the cost of this refusal to others. When you find that person, there’s your dumbest guy in the room.

       
      • Roger

        September 5, 2015 at 7:18 PM

        Yes, words in all-caps must be sparingly used, or they suggest the combination of stupidity and guile that relies on the gimmickry of emphasis where plain truth is lacking.

        The truth can afford to be effortless and straightforward, whereas liars feel the need to belabor their messages with special effects. And the stupider the liar (or the liar’s target audience), the more tawdry the special effects.

        At the shallow end of this pool, there’s an overuse of all-caps and exclamation points – often by fools whose blinding vanity prevents them seeing that they do their own cause more harm than good every time they open their mouths.

        One could even code a browser addon that, in concert with other profiling variables, blacklists any username that exceeds a certain ratio of words in all-caps.

         
      • Henry

        September 6, 2015 at 7:50 AM

        One thing these fools have in common is an insatiable appetite for schlock. Their low IQs combined with their corrupt natures make them easy prey for the cheap seductions of junk culture. For example, charlatans’ handwavy end-of-the-world videos with scary music on YouTube have a constant appeal to them, no matter how bad a track record these doomsday predictions may acquire. Supposedly the world’s going to end (yet again) later this month, etc.

        Low-grade sensationalists are a natural fanbase for works of low-grade sensationalism: works in their native language of childish lies.

         
      • Roger

        September 6, 2015 at 6:44 PM

        In schools for seditious agitation, they teach their sharper students the disreputable techniques of pandering to borderline-retarded misfits and the mentally ill as a way of recruiting “useful idiots”.

        Leveraging the naivete, narcissism and feeble mindedness of the fool in question, it’s easy to create a devoted cheerleader or disposable fall guy. Sometimes all it takes is the occasional equivalent of a bit of candy or a kiss. As already demonstrated, the target loser is blind to the devil in a do-gooder mask.

         
      • moon

        September 7, 2015 at 12:22 PM

        @ STFU

        Easy, Henry. This is a family blog.

         
      • Toland

        September 7, 2015 at 4:46 PM

        For the families reading this blog, “STFU” is used in pharmaceutical studies as an abbreviation for “short-term follow-up”. The need for STFU of course extends beyond this narrow professional context and is found many place in everyday life.

         
      • moon

        September 7, 2015 at 6:23 PM

        Thanks, Toland, for your input. However, your explanation doesn’t quite fit Henry’s context, does it?

        Henry, what was your intention in using “STFU”?

         
      • Toland

        September 7, 2015 at 6:49 PM

        As I read it, “short-term follow-up” fits the context pretty well. Failing anything more definite from you to the contrary, there is no problem except in your imagination.

         
    • Adask

      August 31, 2015 at 2:43 PM

      There are so many contenders for that honor, that it’s impossible to say.

       
      • Fifee Tean Wheeler

        September 7, 2015 at 11:27 AM

        Adask,
        @ There are so many contenders for that honor, that it’s impossible to say.
        Just flip a coin. Well, No, with your luck the coin would land on its edge.
        Win of the day! Coin lands on its side – YouTube
        Aug 13, 2013 … Anders flips his coin and it lands on the side. … It’s a 1 in 6,000 chance that a US
        nickel will land on its side when flipped. Read more Show less.

         
    • Les Moore

      September 7, 2015 at 11:15 AM

      rOGer,
      @ Your entire message of/on September 6, 2015 at 6:44 PM
      I thought you were supposed to keep what you said between you & the Professor/instructor/teacher In the school for seditious agitation you attended! :-D

       
  8. timmy

    August 31, 2015 at 10:09 PM

    If you work in the world of finance, and you’re over age 32, and you’re not worth $10-20 million plus, you ain’t even within spitting distance of the smartest guy in the room. I doubt this guy is worth 1 or 2 million. That doesn’t mean he’s not smart or honest, it just means he ain’t so great at his field. Gold and silver obviously have been losing propositions for at least 4 or 5 YEARS now.

    Don’t get me wrong- i’m in favor of precious metals myself. I just think in this case Al, you’re not evaluating this guy by the right metrics.

     
    • Bart Shavitz

      September 1, 2015 at 2:47 AM

      timmy
      @ Al, you’re not evaluating this guy by the right metrics.
      How many people were “in the room” when Alfred said what he did? How do you know that Alfred did not say what he did as a test to see what others would say?

       
  9. Bart Shavitz

    September 3, 2015 at 2:55 AM

    Are Stocks 80% Overvalued? New Evidence Shocks Wall Street …
    7 hours ago … Several noted economists and distinguished investors are warning of a 50%
    stock market crash. Billionaire Carl Icahn, for example, recently …
    http://thesovereigninvestor.com/exclusives/stocks-economy-on-verge-of-collapse

     
  10. moon

    September 4, 2015 at 9:16 AM

    Intelligence so often appears in an unlikely package.

     
    • Les Moore

      September 7, 2015 at 2:43 AM

      moon,
      Re: Intelligence so often appears in an unlikely package.
      It’s less unlikely than more.But coming from you it’s more than likely you are right. You have eyes to see what most people cannot. :-D

       
      • moon

        September 7, 2015 at 12:17 PM

        Thanks, Les. Now I’m confused about which is less or more, Moore or Les. Sometimes you motivate me to think.

         
    • Fifee Tean Wheeler

      September 7, 2015 at 11:21 AM

      moon,
      @ Intelligence so often appears in an unlikely package.
      moon, Your & our package is tied with a Blue Ribbon. :-D

       
    • Les Moore

      September 8, 2015 at 5:58 AM

      moon,
      @ Thanks, Les. Now I’m confused about which is less or more, Moore or Les. Sometimes you motivate me to think.
      Thanks. I don’t think I know how to thank you enough. The more I learn, or, think I have learned, the more I see I did not know very much. Nevertheless, i.e., in spite of that, I’ll NEVER QUIT!!!

       
    • Les Moore

      September 10, 2015 at 10:00 PM

      moon what is trivial to most people is important to a few people. This multiple personality remembering what you call trivial, has nothing to do with it.Somebody cared, that’s all. The E Mail address you gave many months ago still does not work, &, never did.See the Traffic Law thread.

       
  11. timmy

    September 4, 2015 at 9:17 AM

    The stock market (USA) will continue to rise. This is only a normal correction. Until interest rates start rising (they are very low and will stay that way for now) or the economy really implodes (it is mediocre and chugging along okay) there is no where else for the players to put their money. Aside from real estate, which is rising again and will surge over the next couple of years. Especially residential homes.

    When everyone is afraid (and they mostly are right now) is always the time to buy, not sell.

    The ultimate collapse will come, but it’s not here yet, at least not for us. Even China is still GROWING, not collapsing. It’s just slowing down. That is aside from financial markets, which can oscillate wildly anywhere, but especially in emerging markets.

     
  12. kanani

    September 5, 2015 at 7:14 PM

    Turd Ferguson blog has nice pics of scantily clad women.

    Suck it Trebek.

     
  13. Lance Pearce

    September 8, 2015 at 3:39 AM

    Toland,
    @ short-term follow-up”.
    @ Ironically, this tedious fool is quite self-impressed and is correspondingly unwilling to STFU, i.e., short-term follow-up”.regardless of the cost of this refusal to others..
    Makes sense to me. I think it’s because I have, or, I’m getting close to having the “spiritual perception” you, Henry, & Roger have. :-D
    short-term v. long-term means, well my DEFINITION of this means not all people are treated equally

     
    • moon

      September 8, 2015 at 9:53 AM

      Still waiting for Henry’s explanation…he wrote it.

      Lance, you would do well to be wary of the illusion of “spiritual perception”.

       
      • Les Moore

        September 8, 2015 at 4:48 PM

        moon,
        @ Lance, you would do well to be wary of the illusion of “spiritual perception”.
        Thanks moon, but do you mean the 3 Man Animals, i.e., Henry, Roger, &, Toland’s spiritual perception, or, mine? :-)
        1 Corinthians 2:14 KJV:
        But the natural man does not receive the things of the Spirit of God, for they are
        folly to him; and he cannot know them because they are spiritually discerned.” moon, I believe there are degrees of everything, & I don’t know what degree of spiritual discernment/perception
        I have, BUT!! I SEE the MOOA issue EXACTLY like Alfred Adask does. Also, I saw it INSTANTLY. NOW!! Here is where the 3 men ANIMALS have me by the short hairs. It is also written, For the people of this world are more shrewd in dealing with their own kind than are the people of the light. Luke 16:8. Anyway, as long as you are on board, I am protected & I do appreciate you!!! :-)

         
      • Mark Twang

        September 9, 2015 at 2:01 PM

        moon,
        @ Lance, you would do well to be wary of the illusion of “spiritual perception”.
        The Big 3 Man Animals are deluded when they think “nobody” can see through what they think is their enlightened “spiritual perception” when their “spiritual perception” is shallow, superficial, & actually phonier than a 3 Dollar Federal Reserve Note. In worldly ways they are sharp. There is not a thing wrong with being wise in that way, BUT, this is not all it takes to really be “successful”Most people don’t even remotely know the real purpose of being here to start with & the 3 Animal men are influenced to say things to keep that purpose hidden. They do this “in such a way it is not easily detected, e.g., shrewdly. moon, I like the way you “test” people. It’s iron sharpening iron.

         
  14. Mark Twang

    September 9, 2015 at 3:02 PM

    tOlAnD,
    @ For the families reading this blog, “STFU” is used in pharmaceutical studies as an abbreviation for “short-term follow-up”. The need for STFU of course extends beyond this narrow professional context and is found many place in everyday life.
    The GALL & AUDACITY of YOU, tOlAnD, & rOgEr, & hEnRy to say WHO is a LIAR!!

     

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