TFMR Podcast #19 - Jim Willie

Trader Dan Norcini said that if the S&P closes the week below 1350 he expects it to fall next week.... as 1350 up to now has been defended by 'someone'.

I was watching the minute chart just now and [on my chart] it hit 1350.00 exactly right on the second....   :-!

There is a gentlemen's agreement between USA and China: China will not sell their bonds therefore they are allowed to drain the west from PMs at favored prices. Lets the ponzi work a little bit longer...

Can not seem to open the podcast

@ turd

you haven't run a hat contest in a while - what if you run one on what the 'JPM' fiasco total 'ooopsy' is going to turn into..

probably sure $2bn is probably the tip of the iceberg.

amazing interview, Turd!

but who, oh who is that Craig that Jim keeps talking about? Seems to be a nice and fun guy.

Great podcast TF and Spot On! (pun intended).

It's good to hear the voice behind the articles I read each week. Go JW!

As an aside for the suggested hat contest, put me down that JPM will be on the hook for no less than $50B.

Thanks to you and Jim Willie, great interview.

Before the Hat Trick letter, Jim was sounding the alarms on Silicon Investor about the dangers of CDS, MBS, etc. and the risks they posed to all of us. Opened my eyes and set me on the path to warn others. Those that listen have learned to question the status quo and are taking measures to protect themselves, becoming stackers and in turn warning others. It sounds corny but the tide is turning.

But, it takes folks like you and Jim Willie with the courage to step out in the open and offer up pieces of the puzzle. I, for one, admire that.

We should see a turn around very soon. Miners should start to really take off now. 

Interesting to hear Harveys report tomorrow too. He said a raid was coming and it hit.

Nothing to see here, no no..........move along.........just another ship jumper........hehe........I can see the interview now...."Yeah, no, well, I came and worked here but nah after I made a squillion (wink wink, actually after that upcoming IPO) I thought no well it wasn't a right place for me. I mean I need sunshine and well....you know........Singapore is so nice this time of year"

http://www.bloomberg.com/news/2012-05-11/facebook-co-founder-saverin-giv...

... better off financially because I stopped listening to people like Jim Willie a long time ago.  Out of curiosity I listened to the beginning of the interview where Willie says his "sources" have told him that the losses at JP Morgue are closer to $18 billion.  Give me a break.  That guy just makes it up as he goes.

To all you mothers ( not you bankers ..you're a different kind of mother ) have a great day on Sunday. You deserve it.

To you kids and fathers, daddys etc, remember your mother brought you into this world. Treat her nice. Maybe part with part of your stash...

We should also remember to thank The Mother of us all....Mother Nature.

RA

@adrock:  RE: Time Magazine cover. One of the funniest things I have seen!!

Just about messed my pants laughing when I saw that - I had seen the "actual" Time cover that this was based on yesterday - your version is way - way better!

So, I downloaded the Jim Willie podcast, listened to it while I walked, and almost fell over when he went off on the tangent about Nixon being in on the Kennedy assassination and how Jackie married Ari O. afterward so she could watch over John F. Kennedy as he lived out his final years in a vegetative state on a Greek Isle.

And, now, having returned from the walk, I find, incredibly, that no one so far has even seen fit to mention this excursion into the wild, blue yonder.

I see an earlier poster noted that Jim Willie seems to make it up on the move, citing unnamed "sources." I guess the Nixon shocker came from such an unnamed source, although that gent, or gal, must be getting up in years now considering that to have been at such a high level in the operation, they had to have been in their 30s or 40s in terms of years of age back in 1963.

A redeeming aspect was earing Jim Willie was somewhat nostalgic for me, reminding of the waning years of my grandmother's life, when she was given to proclaim that my mother had been an Indian (as in Native American) princess who once had ruled over our entire area. This was news to many, including my mother.

Bottom line, Jim Willie lacks a certain credibility with wild claims such as the Nixon link to the Kennedy assassination. Perhaps in the future he should take off his tin foil hat before going near an operating microwave. Maybe his "sources" should do the same.

Kenneth, what is the frequency?

Just finished listening to the podcast. Great Turdcast! Great interview! Thank-you Turd and Jim.

Big banks getting margin called - too bad for them. Too bad for GLD and especially for the GLD investors that JPM is likely digging in to the vault because they can. Too bad for us all.. that this corrupt system is driving the entire economy into the cabbage patch.

Someday .. someday, the real value of metals will be revealed. [Patient China (and the East as a whole) has this endgame in mind].

Stack while and as you are able. Unfortunately our uninformed friends and neighbors will only get the notion to do so after it is too late.