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Thursday Conversation - Jim Willie


Our daily podcast series concludes today with a visit from our old pal, The Golden Jackass himself, Jim Willie. As with all of the other discussions this week, this podcast today is FREE and PUBLICLY available to all. So please have a listen and, when you're done, feel free to forward some or all of these discussions to anyone you know who is taking a renewed interest in the precious metals and the changing global monetary system.

For today, I asked Jim to primarily focus upon just one topic....something that Luke Gromen brought up back on Monday. Namely, are The Fed and the other major central banks simply calling in as much debt as possible, making the holders "whole" in current terms and then setting the stage for some sort of monetary reset?

If you know Jim, all I had to do was get him started. He took the bit and ran with it so this podcast doesn't simply focus upon that primary question...The Jackass never disappoints with all sorts of extra, helpful information along the way.

Thanks for listening and thanks for your patience this week as I've been away. Regular TFMR service will resume tomorrow but until then, please enjoy this final podcast installment.




Jun 5, 2020 - 9:05pm

Re: McCartney

Heard on a radio show, people were bagging on him for writing lightweight stuff, so... He wrote "Silly Love Song", went to #1 for weeks! ;-)

J Siefertcashonly
Jun 5, 2020 - 1:23pm

Don't worry

Craig will sort it out soon enough!

Jun 5, 2020 - 12:19pm

Need updated Charts

Craig, we need updated charts of Silver and Gold with this down now. This is more important than vacations. Your interperation is also needed.

Jun 5, 2020 - 11:40am

John Lennon's song; Yesterday

OMG, you're of the age to know this stuff. All of the output of John and Paul went under the moniker Lennon/McCartney since although one of them might be the composer they did give each other suggestions.

Now "Yesterday" just like "Michelle" absolutely screams McCartney while "Imagine" for example is so John.

Jun 5, 2020 - 11:11am

Ominous feel to this - Reeks of desperation

TPTB are desperate and no one should have expected them to give up easily. The past few days have had an ominous feel to them IMHO. The 10-yr has magically skyrocketed prior to the most bogus job numbers ever, stocks have been pounding higher every single day while the real world is falling apart. CDG getting absolutely hammered. It feels like a very orchestrated strong handed attempt at pushing the elite's narrative. I'd be very cautious here. I have flashbacks to when CDS got completely decimated just after touching $50. happened to be working the night CDS dropped over 5% in a millisecond, and I was watching real time in the middle of the night. I do not like the feel of the max smoke & mirrors we are seeing. I closed over half of my miners Wednesday, closed more yesterday, closed the few remaining ones this morning, and even bought a put option on First Majestic as I know that is a favorite stock for the evil side to knock down.

Jun 5, 2020 - 11:07am


Probably a bunch of well armed people protecting their homes and businesses. Nothing to see here.

Jun 5, 2020 - 11:02am


I tried to point out last weekend that there are still many unknowns with this situation. It was probably a pointless endeavor.

You raise one such question about the knee on neck thing. Paul Craig Roberts (I believe it was) claimed recently that the Minneapolis police were taught this technique by the Israelis. Other sources say it's very unlikely that that is part of their training. So, like much else in life, we'll see.

Andy McCarthy had some interesting questions in an NRO piece the other day as well.

Abolish the police department! Now that is HILARIOUS. You almost want them to....

Jun 5, 2020 - 10:50am

So Far

FBI has determined antifa claims false, but has found credible threats from the extreme right.

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Jun 5, 2020 - 10:42am


Banks gotta bank!

Anyone find it odd that a bit ago that all three, GDX, GDXJ and Newmont were all down exactly 3.59 percent?

It's almost like computers sell the perfect percentages of each and ever one of these.

Just a coincidence I'm sure.

Jun 5, 2020 - 10:30am

@ Murphy

I subscribe to Mikes work and I can recommend it wholeheartedly

Scoremore thanks for the info re unemployment number, I was wondering how they polished that shitstick, it doesn't matter how much ya varnish a turd , it's still a turd (no offence Bwana!)

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Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
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8/13 8:30 ET Initial jobless claims
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8/14 8:30 ET Retail Sales
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Key Economic Events Week of 8/3

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8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
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Key Economic Events Week of 7/20

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Key Economic Events Week of 7/13

7/13 11:30 ET Goon Williams speech
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7/14 8:30 ET CPI for June
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7/15 8:30 ET Empire State and Import Price Idx
7/15 9:15 ET Cap Ute and Ind Prod
7/16 8:30 ET Retail Sales and Philly Fed
7/16 11:00 ET Goon Williams again
7/17 8:30 ET Housing Starts and Permits

Key Economic Events Week of 7/6

7/6 9:45 ET Markit Service PMI
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Key Economic Events Week of 6/29

6/30 9:00 ET Case-Shiller home prices
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6/30 12:30 ET CGP and SSHW to Capitol Hill
7/1 8:15 ET ADP Employment
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7/1 2:00 ET June FOMC minutes
7/2 8:30 ET BLSBS
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Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
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6/23 9:45 ET Markit flash PMIs for June
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6/25 8:30 ET Q1 GDP final guess
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Key Economic Events Week of 6/15

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6/16 10:00 ET Chief Goon Powell US Senate
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6/17 8:30 ET Housing Starts
6/17 12:00 ET Chief Goon Powell US House
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Key Economic Events Week of 6/8

6/9 10:00 ET Job openings
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6/10 8:30 ET CPI for May
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