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Gobble Up Some Jackass

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Whether you enjoy your holiday Jackass baked, smoked or deep fried, it's always a treat.

My old pal Jim and I will, of course, record our year-in-review in just five weeks. So, for today, I asked Jim to focus upon just one topic...this notion of a pending "Global Reset".

Well at least that's where we started. As you've come to expect, the conversation quickly moved in all sorts of different directions where you never know what Jim is going to bring up next. And that's always part of the fun of these holiday podcasts!

So take a break from your festivities (if your local Covid overlords even allow for "festivities" in 2020), kick back and enjoy yourself some holiday Jackass on me. You'll be glad you did.

Happy Thanksgiving!

TF

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J Siefert
Nov 28, 2020 - 1:19am

Digital vs Crypto Currencies

Jim is either misspeaking or he is confused here. No governments intend to produce cryptocurrencies. The meaning of "crypto" is that the the currency is non-permissioned, that the govt. doesn't control it. What I think he most probable means is that the worlds govts. will soon be producing DIGITALcurrencies, that is a currencies that can be 'printed' at will in whatever quantities they think they can get away with.

A very big differnce.

cashonly
Nov 27, 2020 - 3:35pm

A glimpse of a shadow

I quick glimpse of the shadow government at work? Or just Biden hiring a consulting firm? (LOL....just can't write that with a straight face).

Mr. Blinken goes to Washington:

Politico Exposes Secretive Consulting Firm Set To Dominate Biden Cabinet

He looks like Al Pacino playing the devil in "The Devil's Advocate"

(wikipedia is your friend)

RickshawETF
Nov 27, 2020 - 2:22pm

Keep the Faith!

There are numerous instances throughout the Bible where God tests man's faith. The only way to really know if you have it (faith) is to be put to the maximum test.

That is what we're going through in the metals. Can it get worse? Absolutely! Will it? Perhaps . . .

As Rick Rule likes to say "The cure for low prices is low prices." The intentions of the bullion banksters is to shake the gold and silver out of weak hands. They can smash sentiment at any time, and by any amount.

We're currently going through the equivalent of "Hell Week" in SEAL training -- where you are being attacked mercilessly, and it is so easy to give up, and spare yourself from further misery.

This is our real test of faith -- do we believe in sound money, and the power of gold and silver to preserve and protect our real wealth through whatever is to come. In the words of American economist Herbert Stein [Stein's Law]: "If something cannot go on forever, it will stop."

Sir Edmund Hillary was asked "When you set foot on the top of [Mt.] Everest, what were your first thoughts?", to which he replied "Thank God, it's over!"

KeynesianKryptoniteTF
Nov 27, 2020 - 1:50pm

Russ and Pam on JPM's latest --Biblical Evil

Every priest who has been appointed by his Archbishop and then trained in Rome to be an exorcist is taught that the single most important task during the rite is to name the demon so he can get control over it.

The exorcist is taught to NEVER ask the demon possessing the person what his name is, because it will always lie during the exorcism, and mislead the priest to remain in possession.

From the Wall Street on Parade article: "But for the first time in more than 35 years of our reading these Consent Orders against Wall Street banks, the documents from both the OCC and Federal Reserve failed to specify exactly what crimes the bank had committed."

Truly, our regulators and the banks they are empowered to regulate (JPM CITI . . .) have achieved a level of corruption and evil that is absolutely demonic.

KeynesianKryptoniteindiana rod
Nov 27, 2020 - 1:22pm

Silly contest . . .

Last evening at Thanksgiving dinner, my sister, who practices medicine in Vail and Denver, and used to be an avid skier told me that she could always get on the slopes at Vail, regardless of the season. That held true until the current season when the full effects of the "Communist Omnipresent Virus Identification"program manifested itself.

Now, incredibly, you have to make a frigging reservation just to get on the slopes to ski at Vail.

And if you want to get a bite to eat in between runs, you have to order ahead with a precise food selection and pick-up time. . . don't be late.

She said she now stays off the streets in Vail because of the open and strident displays of hostility, and acts of anger that have replaced the traditional friendly holiday greetings.

WizdumClarkii Stomias
Nov 27, 2020 - 11:57am

One can hope

it's the DC Motors usage of copper...pure & simple
3.7 times the amount of copper in an EV
go, Math!

-Wiz

KMACOceanX
Nov 27, 2020 - 10:25am

I agree but

I am referring to the fake paper price that we have to use for trading gold today. You are right that physical is tight but today that does not matter to the price as the derivative they control is how we price gold as of today. A war is not the only thing that would move gold but it would cause them to retreat for a while as volume would be greater than they would want to deal with. Don't get me wrong, I am not hoping for war. Cheers

GoldHermit
Nov 27, 2020 - 10:22am

Help the Hermit...

Let's have some fun! I'm going to redeem some OneGold this morning. Tell me what you think!

Gold Eagles - random year

Phiharmonics - 2020 (Craig's favorite - haha)

Britannias - 2020

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AgstAger
Nov 27, 2020 - 10:19am

The miners seem resilient.

Perhaps the share investors are doubtful of much further downside.

AGXIIKJ Siefert
Nov 27, 2020 - 10:19am

The only thing I'd add to the intermission time propaganda is

Head out to the lobby and buy some silver while it's on sale.

It's Black Friday. Buy some silver. It's FREE!!!!!!!!!!!

Buy Buy Buy and, while you're at it, pick up a pack of Pall Malls. 4 out of 5 doctors recommend it for your good health.

Shit howdy pard'. I'm waiting for silver to go below $20. Then I'll back up the truck at $17

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