Hippity-Hoppity, Jackass On His Way


For your holiday weekend listening pleasure, here's 75 minutes of fresh Jackass, recorded yesterday in our A2A webinar format.

Among the items discussed over the course of the event:

  • the long-term significance of yuan-denominated crude oil futures
  • Fed policy and long-term interest rates
  • the US trade deficit and its impact
  • the possibility/likelihood of a Russian "silver ruble"
  • what impact de-dollarization may have upon US expats living abroad
  • the definition of the term "global reset"
  • and much, much more!

Thanks again to The Jackass for volunteering his time and sharing his wisdom.



modus.tollens · Mar 30, 2018 - 7:56pm

Excellent historical data

Thanks for posting!

petedivine Angry Chef · Mar 30, 2018 - 8:16pm

@Angrychef:Lockheed Martin

Nice find. This kind of technology was predicted by Cliff High. The dude is very hit or miss. However, some of the things he gets right is so out there. Just can’t predict this stuff. I think there is something to his craziness, but not necessarily usable info. More WTF off the wall stuff. No doubt this tech. Needs a lot of silver laugh. Also one of his predictions. Tech will drive silver into the stratosphere. I believe silver will get there simply because the major mining countries are reporting massive drops in silver production. The morons in charge held it down for too long. Now mine supply is crippled at least for a year or two. 

AKA AuAgforever AIJ · Mar 30, 2018 - 9:46pm

Abra CEO Predicts....( Got Litecoin? )

‘All Hell Will Break Loose’: Abra CEO Predicts Bitcoin Price Boom Will Return This Year


"Abra is a financial services and technology company that produces a consumer peer-to-peer mobile payment service of the same name.[1][2] The service uses Bitcoin, with a change to Litecoin being implemented in April 2018, and its underlying blockchain technology to store cash deposits and facilitate cash transfers between any two smartphones. Users can withdraw and deposit cash at "Abra Tellers" which can be individuals or businesses. A bank account is not required in order to use Abra in most countries.[3][4][5] The service is currently available via an app on Android and iOS devices in the United States and the Philippines.[4][6][7] The company is headquartered in Mountain View, California with an additional office in Manila.[3]"


AKA AuAgforever AIJ · Mar 30, 2018 - 10:07pm

Hope So...

Silver Ready To Surge? | Michael Oliver | Expert View | Real Vision Television
streber · Mar 30, 2018 - 11:22pm



we believe the only possible creator of Bitcoin is the US Government itself, specifically the NSA. Because of the size of the Bitcoin market now, and the new paradigm created, the creator of Bitcoin is relevant. People are borrowing against their 401k to invest in Bitcoin or start their own crypto, and we don't even know the identity of the creator of this phenomenon? We know, it's the NSA - but the NSA is an organization. Saying it's the NSA is a bit like saying it was the CIA that killed JFK. Well the CIA certainly couldn't possibly kill anyone because it's an entity, people use guns and guns kill people, not entities. It would be interesting indeed to unmask the real creators of Bitcoin, if they haven't been retired or disappeared on their GS-15 package. Perhaps they are living it up with the witsec family, or have changed their face and are pursuing their hobbies whatever they may be. Whoever it is, it is likely a dead a buried secret. Who knows how the market would react if the real creator came forward and ultimately liquidated the millions of bitcoin on the market. (For those of you who don't know, there are 42,000 zombie addresses of Bitcoin meaning they are not used but storing Bitcoin which can be seen publicly on the network, see here.) Wait a minute - 42 is the meaning to life, according to an AI computer that was built to answer the age old question 'What is the meaning of life?' 

Could it be that what Adams really means is that 42,000 Bitcoin is the meaning of life? Now we're getting somewhere. 42 Million is the meaning of life. Where are all the numerology nutjobs when you need them? 3/30/2018 / 42 = 78,619.

Bitcoin is genius, perhaps the most intelligent creation of the digital age. It served several purposes: it's a perfect marketing engine (it allowed small investors to potentially earn a big return, the only asset to do so although many have claimed this), it created a new paradigm of digital currency, it changed the way the entire world looks at banking and trading, it has caused the entire tech sector to reshift it's business, all at a cost of likely a few million dollars. If you follow the thinking that Bitcoin was in fact a child of an NSA lab, you have to continue the thought that the US Government and more specifically the military is the first real form of Artificial Intelligence. Billions of dollars are invested every year and we all complain about waste, and there is waste - but there is also Bitcoin. And unlike many successes of the intelligence apparatus, they will never be acknowledged, there will never be a statue in DC with the creator, never a parade.. But such is the life of a spook. They signed up for it. But the monetary rewards and the real intellectual pleasure of watching this game play out are so rewarding well it cannot be bought with money. Some things in government service are priceless, this is one - thank you Mr. Mathematician! You are the real hero, and heroes (likely it was a team effort). There are some names on their 1996 paper but anything that is visible electronically in reference to the NSA can be assumed to be inaccurate, misleading, an intentional disinformation, or in any case a dead lead. But it's worth having a look - click here to read it.

Certainly no one is going to find out anything by searching Google!

So more to the point, Bitcoin going lower before it goes higher, if it ever does. Real price of BTC/USD could be $100 or $200 - maybe $500. In a market where money is chasing any higher returns than offered by the traditional markets - bubble psychology took off and fueled a historical hockey stick that will never repeat in crypto. It can only repeat in some other format - like Quantum computing or if Elon Musk finds Helium 3 on the moon for example. Something really value-shifting. Aliens admit that 90% of valley technology came from them. Bitcoin isn't going to $1 Million, at least it's not likely, but then again we have been shocked by the race to $10,000 and $20,000. Remember investors that the only thing that drives the price of any asset higher is buyers. The buyers have stalled and there have been waves of big sellers. Bitcoin isn't going to be used as a replacement of the US Dollar any time soon. It may be the dream of some Elite Globalists as a one world currency but it's not happening. Bitcoin is flawed, slow, and only secure if you use it properly which no one does of course except maybe a few hackers.

Other new Cryptos which are designed better, have more appropriate designs which can empower their niche to flourish have much better chances for long term survival. But as many know, this is nothing new or innovative, in the United States during the Wildcat currency period there were thousands of active currencies in the United States.

Bear in mind the real value of Bitcoin is only what investors decide, just as they decided to drive it higher they can drive it to zero. There is no intrinsic value in Bitcoin itself, as Roubini candidly pointed out recently.

As some have pointed out, the real value with Blockchain can be building a specific use-case for your business or solving an economic problem, which many Crypto are aiming to do. So it will be an interesting paradigm shift, and it's only beginning. But Bitcoin will likely sink a lot lower before it goes higher. In the meantime, you can checkout Splitting Bits, our short guide to make you a Crypto Genius! Or for a full Currency History of the USA and beyond checkout Splitting Pennies.


boomer sooner · Mar 30, 2018 - 11:40pm

The ‘Nice Girl’ Who Saved the Second Amendment


The ‘Nice Girl’ Who Saved the Second Amendment

For Heller, thank the scholarship of Joyce Lee Malcolm

Arlington, Va.– In the hours after February’s school massacre in Parkland, Fla., Joyce Lee Malcolm watched the response with growing annoyance:

“Everybody seemed to leap upon it, looking for a political benefit, rather than allowing for a cooling-off period.” As a historian, Malcolm prefers to take the long view. As a leading scholar of the Second Amendment, however, she is also expected to have snap opinions on gun rights, and in fact she often has engaged in the news-driven debates about violence and firearms. “Something deep inside of me says that people never should be victims,” she says. “And they never should be put in the position of being disarmed by their government.”

Malcolm looks nothing like a hardened veteran of the gun-control wars. Small, slender, and bookish, she’s a wisp of a woman who enjoys plunging into archives and sitting through panel discussions at academic conferences. Her favorite topic is 17th- and 18th-century Anglo-American history, from the causes of the English Civil War to the meaning of the American Revolution. Her latest book, due in May, is The Tragedy of Benedict Arnold, a biography of the infamous general. She doesn’t belong to the National Rifle Association, nor does she hunt. She admits to owning an old shotgun, but she’s unsure about the make or model. “I’ve taken it out a couple of times, but the clay targets fall safely to earth,” she says in an interview at George Mason University’s Antonin Scalia Law School in Virginia, where she’s a professor who teaches courses on constitutional history as well as on war and law.

She is also the lady who saved the Second Amendment — a scholar whose work helped make possible the Supreme Court’s landmarkHeller decision, which in 2008 recognized an individual right to possess a firearm. “People used to ask, ‘How did a nice girl like you get into a subject like this?’” she says. “I’m not asked that anymore.” She smiles, a little mischievously. “Maybe they don’t think I’m a nice girl anymore.”

Back when Malcolm was a girl, she lived in Utica, N.Y. A state scholarship sent her to Barnard, the women’s college tied to Columbia University, where she majored in history. “It was a process of elimination,” she says. “I took calculus and chemistry, but history seemed the least narrow. You could study the history of math or the history of science. It had the widest scope.” She got married as an undergraduate — “people did that in those days” — and by the time she was 23, she was both a college graduate and a mom.

more at the link....

Very good article. A little English history included.

Orange · Mar 31, 2018 - 8:10am

I need a little Help.

Watching ABC local news (just to see the weather, as I dropped cable and it's the only channel I get) this morning, they said around $18 billion will be spent for Easter in the following categories.

around 87% on candy

around 86% on food

48% on clothing

and whatever percent on another category

Reminds me of a clip somebody posted years ago where a kid was told that 2+2=5 

He refused to agree, so they shot him in the head.

I think we need to buy another gun this week

Orange · Mar 31, 2018 - 8:42am
cashonly · Mar 31, 2018 - 9:09am

Orange I'll help

You have to learn to trust the media and the banker numbers... The media and bankers wouldn't lie, we just misunderstand them them because they operate at a much higher intelligence level. Then again Joey 6-pack doesn't care about any other numbers when his 401(k) statements project that he is going to be worth "3 Large" (seven digits) when he retires. It's all just fun maff!

AGXIIK · Mar 31, 2018 - 10:28am

Orange Some new math for your easter data

In a News Alert on NOX SPEWS, talking tits on Fox and Fiends report that a recent Quinnipiac poll showed that Roseanne viewer and Deplorable will spend $35 billion on weaponry from Easter to Fourth of July 2018

73% will be spent on firearms

44% on ammo purchases

61% for magazines and firearm furniture

17% for training and miscellaneous

I'm long on Ruger and S&W.

Better hurry up. Gun bans and prices increases will make it unaffordable for us to buy new blasters

You have been warned

Keep stackin'

canary · Mar 31, 2018 - 11:04am

If Jim Rogers is right...

And gold drops below $1000 during the financial crisis....what will happen to the miners?...or silver?...Maybe it's better for us that the stock market stays where it is now...


anarchitect · Mar 31, 2018 - 11:44am

re: If Jim Rogers is right

Yes, PMs and PM miners will probably fall during a financial crisis. PMs because they're liquid, and miners because of what happens to PMs. This happened in 2008, although not so much in 2001. However, PMs and miners recovered much faster than the general market after 2008, only to enter their vicious bear market in 2011-2012.

indiana rod · Mar 31, 2018 - 11:46am

I Sit And Cry All Day Long

The Indy Star had a picture of a woman in Puerto Rico who was without water or electricity for six months. Under her picture was this caption, " I sit and cry all day long."

A Hoosier song writer had a song that was the answer to her problem.

Because He lives, I can face tomorrow

Because He lives, all fear is gone

Because I know He holds the future

And life is worth the living

Because He lives

billhilly · Mar 31, 2018 - 12:22pm

The good-ole Midwest !

A sign In V-P Pence's home town in

Indiana on a business's front window:


This sign was prominently displayed in the window of a business in Whiting, Indiana (V-P Pence’s home town). You are probably either outraged, or saddened, or elated, depending on your political persuasion. However, we are a society which holds Freedom of Speech as perhaps our greatest liberty; and after all…it is just a sign.

You may ask what kind of business would dare post such a sign?

Answer: Owen's Funeral Home

Mickey · Mar 31, 2018 - 12:42pm


i take it the other way. 

if they, a funeral home, would like to serve these liberals right now.

abundance · Mar 31, 2018 - 1:18pm
Angry Chef · Mar 31, 2018 - 1:27pm

Elite-Backed Cult Leader Keith Raniere Arrested for Sex...


"Raniere was hiding out in this propriety with several female followers including Clare Bronfman, the daughter of billionaire Edgar Bronfman".


The Bronfman clan as well as George Soros is the money behind Canada's Man-Child Prime Minister, Justin Trudeau. Makes me kind of think of the CIA MK-Ultra program and the making of a Manchurian Candidate. Recall the Dutch Banker, Ronald Bernard, revealing in an interview that the Security Agencies like the CIA, FBI, MI5 etc...don't work for the people. They work for the E-Leech.

RickshawETF · Mar 31, 2018 - 1:42pm

Weekend Musings

Well, it's become pretty apparent that TPTB has successfully grabbed control of the crypto market (well, at least Bitcoin, but that, at least for now, controls all of the alt-coins, too). They've also demonstrated their ability to seamlessly shift algorithms to change the way HFTs affect price in the gold market. They appear to be firmly in control of all of the key "indicators" that might reveal their flaws. It would seem that only a delivery failure or Black Swan event can end their control.

Yet, Clif High's web bots predict a rosy future for cryptos throughout 2018. How can that be? Well, Clif talks about the first movement in cryptos beginning in April, and really taking off by late May. Really? If TPTB are firmly in control, they would never allow this to happen! If there is any validity to Clif's web bots, his latest report might provide the clue:

"[in MetalsSpace sets] . . .The language here has 'control' being described as 'elusive', and 'fleeting', and 'fleeing', all of which will be appearing at the end of March and come to some level of prominence over April and May, as many of the forecast changes within MetalsSpace are also becoming visible.

. . . Yet more data in support of 'precious metals' appears as modelspace is moved from late in March through April. In these new sets are descriptors for the 'upending', and 'over-turning' of the 'control structure' within MetalsSpace as regards to 'precious' metals. These sets have several temporal markers that first appear in mid March, and then grow across April, and into May. These 'breaking' (of the market control) sets continue to gain strength with new descriptors over June and into the third quarter of the year. Many sets then appear that are in support of, or being supported by, 'lawsuits'. These 'lawsuit' sets have value as temporal markers for what the data describes as the 'public failures' of several major 'dealers (in bullion)' as well as the 'banks' that 'back the play (support the process)'."

In summary, Clif is predicting that the precious metals market manipulation will unravel by the end of the third quarter this year. I'll take it! If this, in fact, plays out, it may be the greatest call in the history of investing -- at least as far as the residents of Turdville are concerned! If we do see the signs showing up by late May, Clif may be predicting the last great opportunity to acquire gold and silver in our lifetimes . . .

Rushstyx · Mar 31, 2018 - 2:16pm

Do you know Jack Schitt?

more Jackass. What more could we ask for over Easter.

Maybe a little humor.

Many people are at a loss for a response when someone says, "you don't know

Jack Schitt." Soon you will be able to handle this situation. 

Jack is the only son of Awe Schitt and O. Schitt. Awe Schitt, the

fertilizer magnate, married O.Schitt, the owner of Knee-Deep Schitt Inc.

In turn, Jack Schitt married Noe Schitt and the deeply religious couple

produced six children: Holie, the twins Deep and Dip, Fulla, Giva and

Bull Schitt. 

Against his parents strong objections, Deep Schitt married Dumb Schitt, a

high school drop out. After being married for 15 years, Jack and Noe

divorced. Noe Schitt married Mr. Sherlock and because her kids were

living with them, decided to keep her previous name also. She became known

as Noe Schitt Sherlock. 

Dip Schitt married Loda Schitt and they produced a cowardly son - Chick

Noe Schitt (Chick N. Schitt for short). 

Fulla Schitt and Giva Schitt were inseparable throughout childhood, and

consequently married the Happens brothers in a dual ceremony. The

Schitt-Happens children are Dawg, Byrd and Horse Schitt. 

Bull Schitt, the prodigal son, left home to tour the world. He recently

returned with his new Italian bride, Pisa Schitt. 

Now, when someone says that you don't know Jack Schitt, you can correct

them and ask if they are related to any of the above.

Angry Chef · Mar 31, 2018 - 2:42pm



Keep an eye on this guy. The Deep State is likely to use him in the " Russians Stole The Election " meme.

silver66 · Mar 31, 2018 - 3:31pm
modus.tollens · Mar 31, 2018 - 4:28pm

Putin's 2016 Warning That Nobody Wanted To Hear

Hoping and Praying that both sides get it together.

Putin's Warning: Full Speech 2016
infometron · Mar 31, 2018 - 4:35pm

The case for gold


In addition to all that, it works great as a pet rock!

What’s not to like...?

The Wetback Surgeon · Mar 31, 2018 - 4:43pm
RickshawETF · Mar 31, 2018 - 5:55pm

More Venezuela Woes

From ZeroHedge:

"There has been a place, in a major city, where you barter or exchange your goods for something else that you may need, but criminals made [it] impossible to keep this kind of flea market in public places. I have received alarming reports from friends in the coastal fishing towns. The “colectivos” gang are now forcing the small fishermen to sell them their catch of the day at gunpoint. Ar-15s at the shoulder and all. Then they sell the fish to the people at 3 times the price they pay the fishermen.

The national guard and police do not get involved. They just receive their fee: milk crates filled up with devalued bills. The source of this information is highly trusted, so I can write about this with confidence. It was a friend of mine, a former co-worker who was there and saw everything from his car. His parents live in this coastal city, called Cumana. He was going to buy but after that, he decided to go to a supermarket. The beach market where people used to buy fresh at lower prices is no longer secure."

Markedtofuture · Mar 31, 2018 - 6:05pm

Washington faces steep cryptocurrency learning curve

Washington faces steep cryptocurrency learning curve

Washington is grappling with how to govern cryptocurrencies, with many lawmakers struggling to understand against a steep learning curve how bitcoin and its brethren even work.

The virtual currencies are blurring decades-old lines that regulators use to police financial markets, posing new challenges for state and federal officials.

Investors are eager for more clarity, but fear a knee-jerk reaction from Congress that could derail the cryptocurrency industry in its early years. 

“Until they decide to think radically differently about how to regulate financial services, I don’t know how this is going to get resolved so cleanly,” a financial technology lobbyist told The Hill.

Cryptocurrencies exploded in value and popularity in 2017 as investors caught on to the potentially disruptive power of tokens such as bitcoin and ethereum. Virtual currencies run on a digital public ledger that updates several times an hour, verifying transactions quickly and cheaply without involving banks.

As the value of cryptocurrencies exploded last year, traders began offering a slew of related futures and derivatives. Dozens of companies — some legitimate, others fronts for frauds — sought to raise capital by offering their own virtual coins through “initial coin offerings” (ICOs).

The proliferation of cryptocurrencies and the dizzying array of new investments have raised alarms with the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), which have both issued warnings to investors about their difficulties policing cryptocurrencies and related investments.

“A lot of our laws are fairly old. They’re fairly dated,” Brian Knight, director of the right-learning Mercatus Center’s financial regulation program, told The Hill. “The regulators have been sort of writing rules on top of the laws, some of which may make sense, some of which may be outdated themselves.”

The SEC and CFTC have penalized or started to probe dozens of companies that have offered cryptocurrency-related investments, financial advice and ICOs while potentially flouting trading laws.

Members of Congress in both parties have expressed concerns about amateur investors facing financial ruin due their lack of understanding of cryptocurrencies and few explicit protections.

“A lot of average people are using it and believing that it’s an investment tool,” said Rep. Carolyn Maloney (D-N.Y.) at House hearing this month on cryptocurrency investments.

“They’re pouring their life savings into cryptocurrencies and they stand to lose a lot of money when this bubble eventually bursts.”

Cryptocurrencies fit into several different categories of investments and financial products, some of which aren’t regulated on a federal level. The SEC and CFTC have asked Congress for more authority to police cryptocurrency exchanges, which are currently regulated by state money transferer licensing agencies.

But lawmakers have held back on writing new rules and standards as they try to learn more about the ways cryptocurrencies work.

“Congress needs a strong understanding of the technology and its application before we can understand how it fits into our existing regulations and the laws we have on the books may encourage or inhibit an efficient market,” said Rep. Randy Hultgren (R-Ill.) at the House hearing. 

“There are a lot of questions in this.”

A virtual token could at the same time be considered as a security (akin to a stock or bond), a commodity (a scarce resource with inherent value), and a currency (a unit of transferring value.)

The lines drawn between securities, commodities and other financial products are based on a series of laws and court verdicts from the 1930s and ‘40s. One of the most challenging aspects of regulating cryptocurrencies is figuring out where they fit into these categories, if at all.

“It is not out of the question that a single transaction could be the transfer of money, the sale of a security, or offering of a commodity,” Knight said.

The lack of regulatory clarity has chilled action in the cryptocurrency investment space, as companies move away from previously planned exchanges, derivative listings and ICOs. Cryptocurrency prices have also fallen several thousand dollars from their 2017 highs.

“If policymakers get the line between commodity tokens and securities offerings wrong, or if it isn’t made clear by regulators, it will destroy the viability of these innovations and cede leadership in this technology to the rest of the world,” said Peter Van Valkenburg, director of research at CoinCenter, a cryptocurrency thinktank.

Knight said he doesn’t think “it would be a good idea to take cryptocurrencies and put them all in one single bucket.”

But experts broadly agree that Congress should set some new guidelines for which agencies should regulate which kinds of cryptocurrency transactions, and whether deeper federal oversight is necessary.

“It’s a question of who’s going to regulate and are we going to have multiple parties with multiple rule sets regulating it,” Knight said. “That’s an area where Congress should at least consider stepping in.”


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