Sponsored by

Your Holiday Weekend Jackass

Jim Willie gets us ready for year end and 2019.

40

We'll speak with Jim again in a few weeks for our annual year-in-review and look ahead. For today, however, I thought we should mainly focus upon the three main subjects that have Jim's attention into the end of 2018.

And those three, primary topics are:

  • The ongoing issues at DeutscheBank and the impact on the EU Banks
  • Surging US borrowing amounts and borrowing costs
  • The latest 30% drop in crude oil and what it might be telling us

And as you might imagine, there's quite a bit in between, too. So, settle in and give this podcast a thorough listen. I'm sure you'll find it time well spent.

TF

p.s. Not only can Jim's work still be found at www.goldenjackass.com, he's alost transitioning to a new, mobile-friendly site at www.golden-jackass.com. Additionally, he has a new podcast venture that you should check out at www.thegadfly.vhx.tv

  40 Comments

· Nov 22, 2018 - 9:46am

ALL: 

ALL: 

A longtime subscriber emailed me overnight to inform me that he had "lost everything" in the "Camp Fire" two weeks ago near Paradise and Oroville, CA. He asked if he could post his GoFundMe link to the site and I informed him that of course he could! This Thanksgiving, he's just thankful to be alive. Perhaps we can all play a small part in getting him back on his feet.

So, later in this thread, please look for a comment and a link. If you can help in any way, I'm sure it would be greatly appreciated. 

AGXIIK · Nov 22, 2018 - 10:04am

Craig  Thank you for helping

Craig  Thank you for helping us help a fellow turdite.  GF will need at least enough simoleons to hire a good lock smith to open the other safe. 

GF, we'll take care of you. No worries there.  Cheers and all our best to you

AngryCitizen · Nov 22, 2018 - 10:29am

SILVER!

SILVER!

Marcus · Nov 22, 2018 - 10:37am

Now's my chance to help a

Now's my chance to help a fellow turdite in need. I'm 110% there, Craig, post that link.

Angry Chef · Nov 22, 2018 - 11:29am

This is a discussion with

This is a discussion with Catherine Austin Fitts nd the " Saker ". It's worth the time to listen. IMHO we either pull back from the Empire and deal with the collapse of the Empire / USD Reserve currency and become a normal country. Or kiss your ass good-bye. 

https://home.solari.com/wp-content/uploads/2018/11/sr20181108_InterviewH...

Marchas45 · Nov 22, 2018 - 12:02pm

4th and Keep Stacking

4th and Keep Stacking

I Give Up

https://www.youtube.com/watch?v=W-Z_OhSR51o&feature=youtu.be

Silver Recliner Report 82
gf · Nov 22, 2018 - 12:07pm

Dear Turdites:   My name is

Dear Turdites:   My name is Gerry, actually it is Gerry Sue and I am a female Turdite.  I am reaching out for some support through a fund raiser at  gofundme.com/gerry-and-kelly-recovering-from-the-camp-fire .   I posted my story yesterday and you will get to know me a little better through the site as I plan to give updates as my situation improves.  It is a little overwhelming to talk about our loss but I will thank you all for every penny and every good thought that you can send my way.  Have a wonderful Thanksgiving, -gf

chocolatechiphorses · Nov 22, 2018 - 12:10pm

Happy Thanksgiving Everyone

Happy Thanksgiving Everyone

Image result for happy thanksgiving images free

Angry Chef · Nov 22, 2018 - 12:32pm
SteveW · Nov 22, 2018 - 1:26pm

Cryptocurriencies:

Cryptocurrencies:

At the risk of drawing proponents out of the woodwork I'm drawing attention to the following article.

"As I warned last year, the shift into crypto was not at all a “revolution” against the globalists, but a con designed by the globalists in part to get liberty proponents to become unwitting salesmen for the next phase of the economic control grid. But how do they intend this end game to play out?"

https://www.zerohedge.com/news/2018-11-22/did-imf-reveal-cryptocurrency-...

Angry Chef · Nov 22, 2018 - 1:31pm

Scientist jailed after

Scientist jailed after discovering deadly viruses are delivered through vaccines https://govtslaves.info/2018/11/22/scientist-jailed-after-discovering-de...
Angry Chef · Nov 22, 2018 - 1:38pm

Just a note on JW's comment

Just a note on JW's comment on the Monsatan Lawsuit and the JFK Jr. Lawsuit. Jim is correct in that Monsatan lost the case and then appealed and the Judge ordered a 68 million dollar payout. Monsatan has appealed that as well. So I'm hopeful the next Judge will put a hault to the affair and the other 9,000 lawsuits can be filed. The guy that brought the suit alongside JFK Jr. was Del Bigtree.

https://www.worldhealth.net/news/rfk-jr-wins-case-against-government-vac...

https://vaxxedthemovie.com/

Here's the trailer. https://vaxxedthemovie.com/vaxxed-official-trailer/

Angry Chef · Nov 22, 2018 - 1:42pm

Merkel Urges EU to Give up

Merkel Urges EU to Give up Sovereignty to Brussels 'in Orderly Manner' - Reports

https://sputniknews.com/europe/201811221070048712-merkel-sovereignty-eur...

The EU project was always a Globalist wet dream project. Merkel, Macron, May, Trudeau are just carrying the Globalists water.

NW VIEW Marchas45 · Nov 22, 2018 - 2:03pm

Well Charlie, since you

Well Charlie, since you cannot make it to our Thanksgiving meal, with Linda's homemade rolls, I will just play a bit of NW music:

>>>>>>>>>>>>>>>>>>>>

Washington Square The Village Stompers {Stereo}
canary · Nov 22, 2018 - 2:08pm

What?...$15,000 by this year

What?...$15,000 by this year end?...He looks so uncomfortable.

Tom Lee cuts bitcoin year-end target to $15,000

Edit...this video is not playing now...maybe later it will.

Marchas45 canary · Nov 22, 2018 - 3:48pm

Love it, a lot of "Finger

Love it, a lot of "Finger Wagging". Lol   $15000 I'll take it. Lol Keep Stacking

chrtoo · Nov 22, 2018 - 4:26pm

A few more GoFundMe sheckles,

A few more GoFundMe sheckles, GF!

CHR.

Angry Chef · Nov 22, 2018 - 4:52pm

A little Holiday Cheer. B0

A little Holiday Cheer. B0-loney say's tomorrow is the day ! You can take that to the Bank !

Biggest CRASH of a Lifetime begins on Black Friday
Marchas45 Angry Chef · Nov 22, 2018 - 5:12pm

LMAO for the first time I may

LMAO for the first time I may believe him and yes I have my Silver, Food, Cryptos, Gas and lots of other Life Saving Items. That's why I always say. " Keep Stacking Everything"

Joseph Warren · Nov 22, 2018 - 6:42pm

DEBT JUBILEE

DEBT JUBILEE

A new book is out by the man who former Assistant Sec of the US Treasury Paul Craig Roberts calls the smartest economist out there & just about the only one worth studying. Michael Hudson was first an historian & he comes to his conclusions based on that extensive background. He only later got his economist sheep skin. 

https://www.amazon.com/kindle-dbs/author/ref=dbs_a_w_b000apc58u?_encoding=UTF8&asin=B000APC58U

We in the PM community know the current financial system is based on fraud. The bankster dollar ‘debt’ note is a fraud, as is the so-called ‘debt’. That made up from Nothing which can never be repaid, is nothing but a tool for enslavement. And that’s really the whole point of it.

Read Prof Hudson and see the scales fall from your eyes -

https://www.unz.com/article/everything-you-thought-you-knew-about-western-civilization-is-wrong/

Happy Thanksgiving everyone  !

Freedom is available to us if we no longer think as slaves

AGXIIK Joseph Warren · Nov 22, 2018 - 7:35pm

Joseph Warren   The Hudson

Joseph Warren   The Hudson book recap was telling. Debt jubilee is unlikely because it would completely gut every bank, medium and large in the world.  Steve St Angelo of SRS Rocco posted his article from yesterday noting that the global debt increased $8 trillion in the first 6 months of 2018.  It now sits are $247 trillion.  It's likely though that the global debt will increase by $30 trillion this year, well ahead of the $22 trillion increase in 2017 according to Steve and my minor extrapolation for the full year.  We could easily see $260 trillion by end of 2018.  The debt jubilee is unlikely for that reason.  The debt serfs many no realize or care they are far beyond their capacity to liquidate debt an din most cases barely able to pay the interest in the debt, something on the order of $12 trillion a year, 15% of the entire world GDP.

The notion of a jubilee has been perverted for centuries.  The offices of bankruptcy allow  formal debt repudiation but that satisfies only a tiny bit of total global debt, held largely major corporations, banks and sovereignties.   Debt jubilee would imply removal of debt largely of those who created the debt in the first place.  Those are local,  state and national governments as well as central banks and TBTF banks plus major corporations.  I cannot figure out how this would come to pass. However it might happen, the road is bumpy 

The world supply of above ground gold is worth around $3 trillion, just a tad over 1% of the world debt load.  I wonder how a jubilee would affect the price of the yellow shiny?

AngryCitizen · Nov 22, 2018 - 7:56pm

As Rickards has said, It's

As Rickards has said, It's not how much gold is available, it's what that gold "exchanges for " when moving into or out of it. Revaluing the gold in terms of fiat is not hard. The guberment did it (TWICE) already. 

usdebtclock.org puts the dollar to gold ratio at $4563ish now, but why couldn't gold go higher per oz as things get worse in the economy?

Just saying...

Mickey · Nov 22, 2018 - 8:25pm

The Minsky Moment

The Minsky Moment

Joseph Warren AGXIIK · Nov 22, 2018 - 8:28pm

On the other hand we could go

On the other hand we could go the usual route and reset the table through a world war that could kill millions, - and potentially billions given current weapons technology. 

Just how stupid are human beings ?  They can choose between forever debt serfdom or massive death. 

Or just maybe they can think for themselves and outside of all the boxes of the past. Maybe. 

Of course the banks won’t ‘allow’ it. That is the view within a box that was constructed for the population long ago.

mavens · Nov 22, 2018 - 9:29pm

LOL

LOL

Joseph Warren mavens · Nov 22, 2018 - 9:40pm

@mavens - thank you for the

@mavens - thank you for the chuckle !  I’ll definitely have to share that with others 

AngryCitizen · Nov 22, 2018 - 10:15pm

Why does no one talk (or at

Why does no one talk (or at least think about) nationalizing the banks? It's the only solution with any justice. No future generation owes a penny to those who tried to enslave them in the previous generations. It's the banksters' fault for going along with such a ridiculous deal in the first place. Same with corporations.

Raise your glass and toast to our host and leader, TF, to whom I am thankful for his willingness to share his resources with us. 

And to all of Turdville, a wonderous thanksgiving celebration!

mavens · Nov 22, 2018 - 11:27pm

https://www.youtube.com/watch

never mind...  I thought this youtube vid was going to be better than it was.

Joseph Warren AngryCitizen · Nov 23, 2018 - 3:47am

Ours is a society ruled by

Ours is a society ruled by money junkies (acquisators). Not all societies have been ruled the same. Others were ruled by warriors  or intellectuals. (These ideas on the nature and evolution of societies was formulated by the Indian philosopher Sarkar.)

In money junkie societies eventually all is taken over and corrupted using money. Is this not true of all aspects of this society ?  - Politics, education, religion, media, art, etc. Those inside such an acquisator ruled society think ‘that’s the way it is’ and cannot imagine there being any other way.

But consider a couple of warrior ruled societies- the ancient Spartans and the Japanese samurai of medieval Japan. Would they have allowed a bunch of fat balding soft banksters and their slick talking hired lawyers to rule over them ?

Not likely.

HugoBoss · Nov 23, 2018 - 6:15am

Morning Folks,

Morning Folks,

Very much hope our American readers here are enjoying Thanksgiving. In the mean time, to my uneducated eye, looks like the Banksters remain firmly in control. Flicking through the Bullionvault charts it appears all us silver stackers got kicked this week. Sounds daft but really hoping for a capitulation 'failure to deliver moment' in the metals sometime soon.

On a Separate note to Turd, keep up the great work and any chance you can get David Brady back on for another conversation soon. Following you both on Twitter, whilst David and your articles at Sprott Money greatly compliment all your efforts here at TFMetals.

Notice: If you do not see your new comment immediately, do not be alarmed. We are currently refreshing new comments approximately every 2 minutes to better manage performance while working on other issues. Thank you for your patience.

Become a gold member and subscribe to Turd's Vault

Contribute

Donate  Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

The TFMR Silver Round
Key Economic Events week of 12/10

12/11 8:30 ET Producer Price Index
12/12 8:30 ET Consumer Price Index
12/13 8:30 ET Import Price Index
12/14 8:30 ET Retail Sales
12/14 9:15 ET Industrial Prod. and Cap. Utilization
12/14 10:00 ET Business Inventories

Key Economic Events week of 11/26

11/27 9:00 ET Case-Schiller home prices
11/27 10:00 ET Consumer Confidence
11/28 8:30 ET Q3 GDP 2nd guess
11/28 10:00 ET New home sales
11/29 8:30 ET Personal Income and Spending
11/29 10:00 ET Pending home sales
11/29 2:00 ET November FOMC minutes

Key Economic Events week of 11/19

11/20 8:30 ET Housing Starts
11/21 8:30 ET Durable Goods
11/21 10:00 ET UMich Sentiment
11/21 10:00 ET LEIII
11/21 10:00 ET Existing Home Sales

Recent Comments

randomness