TFMR Podcast #21 - Jim Willie Returns


It's been two weeks since we last visited with Jim Willie. In the time since, the JPM derivative fiasco has come into sharper focus and, of course, the global financial condition has continued to deteriorate. In this podcast, Jim has a forum to discuss these issues at length. Though it's about 55 minutes long, at least 50 minutes are of Jim talking in a stream of consciousness that will keep your attention. Please make time over this 3-day weekend to listen to the podcast in its entirety. You won't be disappointed.


Jun 2, 2012 - 3:42pm

Golden Jackass

Always use "the all-knowing" as your salutation when introducing our hero, the all-knowing Jim Willie!

May 30, 2012 - 12:21pm


First, Thank You TF and JW for an excellent Podcast. Very Much Appreciated! Regarding the 5000 Tons that the Cartel has been forced to sale over the past 3 months, this number, if correct, is staggering. This figure has come from JW's source via JW and it is the only one that I have heard 1) the game plan to drain gold from the Gold Cartel from and 2) the 5000 Tons number from. It was suggested in the Podcast that sometimes it takes, 2, 3, 4, months before the sources numbers are confirmed. I am not suggesting here the source is incorrect. And to wait 2 to 4 months for more confirmation is not asking for too much. Assuming the information proves to be correct, does anyone have opinions as to where this amount of real physical gold is coming from? Obviously from the banks that are being attacked, but where are they getting this gold from? Greece, Portugal, Spain, etc.??? Allocated Gold accounts of the Bank's clients??? Again, 5000 Tons in my opinion is a staggering amount. Appreciate any and all other views on the subject. Thank You

May 29, 2012 - 11:40am


GC is still very easily manipulated even mid day. Just gave up 20 pts on huge waterfall in short time.

If it takes out its lows it could fall to 1400 quickly imo. Just no staying power to it in the short term.

I would not count out the Cartel. I would not put too much faith in any direction just watch the support breaks and have a gander at the monthly chart. Its parabolic.

I enjoy Willie. But he cannot help me with the short and intermediate terms.

May 29, 2012 - 10:29am

Willie's logic re: ZIRP & stocks

I absolutely love the Jim Willie interviews. He was dead-on about JPM, which means he has great sources. His "new sheriff from the East" is also an intriguing wrinkle.

However, I disagree with one of his conclusions.

At 30:00, Willie says that ZIRP causes "capital destruction" which drives investors out of stocks, into bonds. He's been saying this since at least 2010.

However, this is the opposite of what I see happening. Regardless of whatever else is happening to it, capital always flows to wherever it can get the greatest return. In this case, in order to earn some kind of return, money is flooding OUT of bonds (which offer a return lower than inflation), and into the stock market (which - according to the Establishment - still offers some potential for substantive profit). As far as I can tell, it's this capital-in-search-of-return flowing into stocks that has been supporting the artificial "market recovery" we hear so much about.

May 29, 2012 - 7:57am

Lyme disease

The son of a good friend has this disease. You are correct when you mention the politics of the disease. They have a good insurance plan, but traditional medical system will not recognize it or pay for any treatments. Some effective treatments have even been suppressed by the medical establishment. Trying to find help for their son has bankrupted them.

Oh! Where does corruption not exist?

May 29, 2012 - 2:45am

those tiny dots on the 'Lyme Map'

those tiny dots in other parts of the country , like california and idaho, make the map misleading. Lyme disease infection is very prevalent in california, where I was stricken with it. The tick lives and thrives in every wet woodland area up and down the coastal woodlands and state parks throughout california. inland as well.

A few years ago there was a rampant outbreak of lyme disease in the Santa Cruz woodland area. dozens of people infected. All throughout California, not just the coastal woodlands, Chico ,inland, is a center of LD infection and medical treatment.

Relying on "government reported statistics" and stuff like that is a sure way to begin the process of complete misunderstanding and misrepresentation. Like going to a doctor who has never treated a Lyme patient, but says LD doesnt exist.

The illness is complex and the politics around it also is.

May 29, 2012 - 12:53am

Lyme disease

Lyme disease is partially an autoimmune disorder.

But, there's more to the story.

You can only get Lyme disease if you are living in a particular area where a tick lives. The tick has to carry the lyme disease causing bacteria. If you are unlucky enough to get bit by this tick and get infected with the germ, you get Lyme disease.

Lyme disease causes prolonged problems, including in the nervous system.

What is the area of the country which has these ticks?

Click for the map.

If you are a wall street banker, you live in that area. Note that the 2009 and 2010 CDC maps do not change much.

The exposure to the tick is dependent on habitat for the tick.

Gee...makes you wonder if Blythe Masters has ticks. Somebody better call Hartz and see if their flea and tick collar... uh... never mind.

Chris P. Bacon
May 28, 2012 - 12:13pm

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May 28, 2012 - 12:16am

@Dr. R R

If you can listen to Lindsey Williams more than once, my hat's off to you! He's the preacher to the elite correct? I listened to one interview with Alex Jones where he had SO much to reveal.......and he took 30 minutes and only revealed one thing. Really. I was screaming at the radio! This whole thing will be over before he could relay what he knew. :o

Chris P. Bacon
May 27, 2012 - 11:26pm

Thanks for another great

Thanks for another great "Turd-side chat"!

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Key Economic Events Week of 2/22

2/22 10:00 ET LEIII
2/23 9:00 ET Case-Shiller home prices
2/23 10:00 ET CGP at US Senate
2/24 10:00 ET CGP at US House
2/24 1:00 ET Goon Chlamydia speech
2/25 8:30 ET Jobless claims
2/25 8:30 ET Durable goods
2/25 10:30 ET Goon Bullard
2/26 8:30 ET Pers Inc and Spending
2/26 8:30 ET Core inflation
2/26 9:45 ET Chicago PMI
2/26 10:00 ET UMich sentiment

Key Economic Events Week of 2/15

2/17 8:30 ET Retail Sales
2/17 8:30 ET PPI
2/17 9:15 ET Cap Ute and Ind Prod
2/17 10:00 ET Business Inventories
2/17 2:00 ET January FOMC minutes
2/18 8:30 ET Initial jobless claims
2/18 8:30 ET Import price index
2/18 8:30 ET Philly Fed
2/19 9:45 ET Markit Feb flash PMIs

Key Economic Events Week of 2/8

2/8 12:00 ET Goon Mester speech
2/9 10:00 ET JOLTS job openings
2/10 8:30 ET CPI
2/10 10:00 ET Wholesale Inventories
2/10 2:00 ET Chief Goon Powell speech
2/11 8:30 ET Initial jobless claims
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Key Economic Events Week of 2/1

2/1 9:45 ET Markit Manu PMI
2/1 10:00 ET ISM Manu PMI
2/3 8:15 ET ADP employment report
2/3 9:45 ET Markit service PMI
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2/4 8:30 ET Productivity & Unit Labor Costs
2/4 10:00 ET Factory orders
2/5 8:30 ET BLSBS

Key Economic Events Week of 1/25

1/26 10:00 ET Consumer Confidence
1/26 1:30 ET Comex option expiration
1/27 8:30 ET Durable Goods
1/27 2:00 ET FOMC Fedlines
1/27 2:30 ET Chief Goon Powell presser
1/28 8:30 ET Q4 GDP first guess
1/29 8:30 ET Personal Income and Spending
1/29 9:45 ET Chicago PMI

Key Economic Events Week of 1/18

1/19 10:00 ET Mother for SecTreas hearing
1/20 12:00 ET POTUS Inauguration
1/21 ECB meeting and rate decision
1/21 8:30 ET Housing Starts
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1/22 9:45 ET Markit flash PMIs (Jan)

Key Economic Events Week of 1/11

1/11 12:00 ET Goon Bostic speech
1/12 10:00 ET JOLTS job openings
1/13 8:30 ET CPI
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1/13 2:00 ET Beige Book
1/14 8:30 ET Import price index
1/14 12:30 ET Chief Goon Powell
1/15 8:30 ET Retail Sales
1/15 8:30 ET PPI
1/15 9:15 ET Cap Ute and Ind Prod
1/15 10:00 ET Business Inventories

Key Economic Events Week of 1/4

1/4 9:45 ET Markit manu PMI
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1/5 Georgia U.S. Senate election
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1/6 2:00 ET December FOMC minutes
1/7 8:30 ET Trade Deficit
1/7 10:00 ET ISM service PMI
1/8 8:30 ET BLSBS
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Key Economic Events Week of 12/21

12/21 8:30 ET Chicago Fed
12/22 8:30 ET Q3 GDP final guess
12/22 10:00 ET Consumer Confidence
12/23 8:30 ET Durable Goods
12/23 8:30 ET Personal Inc and Spending
12/23 8:30 ET Core Inflation

Key Economic Events Week of 12/14

12/15 8:30 ET Import Price Index
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12/15 9:15 ET Cap Ute and Ind Prod
12/16 8:30 ET Retail Sales
12/16 9:45 ET Markit flash PMIs Dec
12/16 10:00 ET Business Inventories
12/16 2:00 ET FOMC Fedlines
12/16 2:30 ET Chief Goon Powell presser
12/17 8:30 ET Philly Fed
12/18 8:30 ET Current Account Deficit
12/18 10:00 ET LEIII

Forum Discussion

by scoremore, 15 min 11 sec ago
by 11IMIX, Feb 23, 2021 - 9:24pm
by kmac153, Feb 23, 2021 - 7:25pm