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TFMR Podcast #39 - The Full Willie

122

Our most-requested guest returns today and you're in for a treat.

Now, I always try to be respectful of your time...and attention span. Therefore, I try to keep these podcasts to something less than 30 minutes. However, visiting with The Jackass is something entirely different and this baby clocks in at about an hour and ten. If you don't have that much time or interest, then you are certainly entitled to skip around and cut the thing short. However, we live in tumultuous times and 2013 promises to be a year of significance, so I strongly encourage you to listen to this entire interview. Maybe break it up into 20 minute intervals if you must. But, The Brain of The Jackass is large and complex. If you skip around too much, you're likely to miss something.

So, if you're ready...kick back, relax and hit the play button.

TF

  122 Comments

achmachat · Feb 1, 2013 - 3:41pm

woohoo!

this one can only be epic!

proformatrillionaire · Feb 1, 2013 - 3:41pm

No, but I will celebrate anyway by buying a sleeve of silver eagles before the close today.

ltcolkilgore · Feb 1, 2013 - 3:43pm

FIRST?

That little voice just told me to check... weird.

sixdollarsilver · Feb 1, 2013 - 3:46pm

...

and listen to the podcast :)

SV · Feb 1, 2013 - 3:56pm

These bastard bankers are keeping the price low so we don't see them running the supply "out" of the ground...

https://silvervigilante.com

El Gordo · Feb 1, 2013 - 4:27pm

to hear the whole thing. 

Cointinental · Feb 1, 2013 - 4:53pm

Yippie!!!

Thanks!!!!

sengfarmer · Feb 1, 2013 - 5:36pm

Just hang tough.

Mr. Fix · Feb 1, 2013 - 5:37pm

I could not be happier than with a Jim Willie podcast! I'll be back later, to tell you how much I loved it.

In the meantime, I've got some listening to do.

Thank you, thank you, thank you!

Libertybella · Feb 1, 2013 - 5:58pm

I like Jim Willie....I enjoy his stuff....sometimes it is a bit "way out there" but it's all good.

He needs to update his pic though...looks too much like a Pez Head

Anonymous · Feb 1, 2013 - 6:12pm

Removed comment.

HiHo_Silver · Feb 1, 2013 - 6:17pm

He does not live in the good 'ol USSA? Where does he hang out?

Zoltan · Feb 1, 2013 - 6:31pm

Thanks Turd, you guys are always entertaining. Lots to think about for the weekend.

I believe the GJ hangs his hat in Costa Rica. Hope that wasn't some sort of secret.

Z

old tradesman · Feb 1, 2013 - 6:38pm

I think hes been reading my postsyes

about opec

WineGuy HiHo_Silver · Feb 1, 2013 - 7:04pm

JW resides in CR

AgAuthaChristie Anonymous · Feb 1, 2013 - 7:23pm

How is it possible not to doubt an assertion this foolish? Its not up there with Bigfoot guarding JFK's still living brain in a secret domed city under the sea but its still totally ridiculous!

Missiondweller · Feb 1, 2013 - 7:24pm

This was a fantastic podcast and I'm glad you did not cut it off earlier. I listened to it all the way through!

For others, maybe it would make sense to create multiple podcast segments. You've gotten very good at interviewing and keeping Jim on subject which would make it easier to create the segments.

Kudos and thanks again!

meegoreng1 · Feb 1, 2013 - 8:10pm

Thank you Turd for the podcast. I appreciate all that you do.

I agreed with most of what JW said. What didn’t make sense to me is when JW was inferring that Opec countries like Saudi Arabia could independently decide to abandon the petro dollar and start accepting other denominations and gold instead.

I don’t think this would be an unexpected event for the EE. I see the EE totally in control of the state of affairs in these countries. Most of the leaders and decision makers are merely puppets to them. If Saudi Arabia does decide to dump the petro dollar system, it would be with a full blessing of the EE.

In another note, if we were to have this event take place, it would jumpstart the end game of the USD as the reserve currency. Those holding USD around the world will unload it as fast as possible leading us to an instant hyperinflation event We will then have chaos and bedlam in our hands. I hope to God that this doesn’t take place. Yes, my gold and silver will be worth much more but it would be useless in this state as survival would be more critical then.

Instead I hope that we have a situation where we have a slower deterioration of USD going forward and a constant 15-30% annual appreciation of the metals. Or the acceptance of a gold back currency which would include the USD. This would be the most ideal scenario for us as this would propel the value of our metal holdings without creating major disorder in the world.

JAL · Feb 1, 2013 - 8:19pm

This seemed like a particularly appropriate place to drop this documentary:

97% Owned

I think you'll really appreciate it; it's from the UK but you've probably already seen the UK-specific parts as they relate to the US before, somewhere else (so don't worry about that), the global macro stuff however... well that would be a different matter.

There are two different versions, one's an hour and the other is two but I've only watched the long one (at least four times and I might watch it again tonight but... well that's not really relevant is it?).

As far as I know the only reason you haven't heard of it, if you haven't (if you have then props to you!), is because it has the % symbol in it's name - bit of an oversight really but hey... it happens.

Here's the trailer:

97% Owned Offical Trailer

Here's the long (full) version:

97% Owned - Economic Truth documentary - How is Money Created

Here's the shorter one (shame on you!):

97% Owned - Positive Money Cut

"Turdville, if you can keep it." -Turd thought that once, I'm sure of it!

P.S. No, I don't think Keiser's seen it; someone should probably get on that.

Nigel Black · Feb 1, 2013 - 8:23pm

Hi Turd,

Thanks for this podcast with Jim Willie. I used to think he was "way out there" when I first heard him a couple of years ago, but as time goes on, I now realize he is dead accurate with what he predicts/sees. 

Even though the audio was a bit funky, this is your best podcast to date. I also really enjoyed your interview with Alasdair MacLeod - would love to hear him again on TFMR.

All the best to you. Have a great weekend.

Cheerio,

N

Ilya Repin · Feb 1, 2013 - 8:33pm

GBP

CHARTS OF THE GBP CROSS' SAY THIS DOWNGRADE IS REAL AND WILL HAVE BIG EFFECT ON STERLING. GBP ON MONTHLY CHARTS LOOKS LIKE HELL.

EUR,USD,CHF,SEK,NOK,THB,SGD,CNY ALL GOT 20-50% UPSIDE AGAINST GBP THIS YEAR.

THIS IS BIG

Mr. Fix · Feb 1, 2013 - 8:35pm

Avoiding a hyperinflationary event would be relatively easy if the powers that be were so inclined to try.

They are not interested in a soft landing, their entire plan is to destroy the United States of America in every way shape and form possible.

If anybody, and I mean anybody was actually standing up for the United States (at least someone that mattered), we would not be in this mess.

This collapse has been preplanned, and probably for decades. Obviously, we're now approaching the final moments of our current economic system.

I would highly encourage you to prepare for the worst case scenario that you outlined in your post. Although you mentioned other alternatives, that would obviously make for a better landing, take a look at who is in charge, and take a look at the actions that are currently being foisted upon us.

The class is designed to be as apocalyptic as possible, at least for residents of the United States.

At least some other countries (although only a few) are interested in their own survival as a nation, and actually have long-term plans for survival.

It will be easy to discover which ones they are, by the amount of gold that they are currently storing, hoarding, or buying on the open market.

These countries plan to see the other side of this mess strong and secure. The United States government in its entirety, is completely brought and paid for by the Evil Empire, and is nothing more than a bankster subsidiary.

The you might want to consider diverting some of your gold and/or silver holdings into things like food and ammunition, because as you hypothesized in your worst-case scenario, survival will be infinitely more valuable than gold and silver for a good long time, and unless you plan on weathering the storm outside the continental United States, you had better be prepared for a genuinely nasty situation,

and at this point, is completely unavoidable.

All of law laws that are already in place, are there to make sure that the middle class is completely destroyed, or life savings will be squandered, what's left will be stolen by the state, or the bankers you can pick your poison, and the laws are already written so that the United States is a turnkey tyrannical police state.

The maniac that is currently in charge has every intention of exercising all of these newfound powers to the fullest extent possible.

He is currently replacing military commanders with his own insiders. The only requirement he imposes on his military leaders is that they agree to fire upon Americans when ordered to do so.

The events that are currently unfolding are making me nervous, but I do not think I could be more prepared for what is about to happen.

Can you say the same?

silvercity · Feb 1, 2013 - 8:48pm

Jim Willie has a lot of great insights. Jim says 2013 will be the year to survive, not thrive. That means he feel that metals will not rise much this year. Probably a good guess.

AgAuthaChristie Mr. Fix · Feb 1, 2013 - 8:58pm

" The only requirement he imposes on his military leaders is that they agree to fire upon Americans when ordered to do so."

This is quite a Litmus test! Where did you come by this bit of information? I would have thought a revelation like this would cause a bit of a stir with the press but to be fair the Super Bowl is coming up and I suppose it could have just fallen through the cracks.

Mr. Fix · Feb 1, 2013 - 9:06pm

 I had listened to all of the nitty-gritty details on exactly how the dollar would be replaced as the world's reserve currency in a radio show on 25 January. Although he went into more detail here, the gist was the same.

 One way or another, the United States dollar will be completely irrelevant to the rest of the world in the near future.

 When this happens, hyperinflation or at least a massive dollar devaluation for the current residents of the United States is an absolute certainty.

 When Jim says that 2013 will be the year to survive, not thrive, I don't think he's necessarily talking about the price of metals, but I would agree with his assertion that as the price keeps going down, we should just keep buying it until it is completely unavailable.

 Even after it is unavailable, I do not expect the “official” price to rise, this will not happen until the vast majority of people who are stuck in paper are destroyed financially, and we will watch as generational wealth simply evaporates.

 They seem to be making sure that there will be no place to run, and no place to hide when it becomes really apparent what is happening.

 Those that are holding gold and silver, will be much better off than those without, but only after the smoke clears.

 It will probably be arranged for us where food, provisions that are necessary for survival will become so incredibly expensive that many people who have been stacking gold and silver for years may be tempted to part with one of their gold coins because they are so hungry they will have no choice.

 I think this is what he means by survival, we will need to see the other side before we have an ability to thrive. 

Mr. Fix AgAuthaChristie · Feb 1, 2013 - 9:17pm

https://www.youtube.com/watch?v=kzT6X3_Bg9o&feature=player_embedded

If you click on the YouTube icon, and go to the page that I got this video from, you will find many, many others that tell the same story.

This is not a difficult thing to verify, but you will never see it in the New York Times, CNN, MSNBC, NBC ABC, Fox news, or any other mainstream news outlet.

By sifting through the various reports that you will find, you will also be able to choose a more reliable news outlet than the one that you are currently using.

AgAuthaChristie Mr. Fix · Feb 1, 2013 - 9:36pm

As far as I can tell some guy heard of this litmus test from an unnamed source who had in turn heard it from an unnamed source. Not exactly rock solid confirmation here. You write as though it is some kind of fact when in reality it is nothing more than the entirely unsubstantiated assertion of a civilian.

If this still doesnt put you at ease then consider this: It would be junior officers who would be faced with the actual choice of disobeying orders or shooting Americans, not top brass.

Al Huxley · Feb 1, 2013 - 9:53pm

Just occurred to me - if it's true that the premium in Shanghai is 20%+ over Comex, that might explain the sudden jump in contracts standing for delivery. If I could take (physical) gold out of Comex and immediately sell it for 20% more, that would be a pretty irresistable arbitrage opportunity. And a pretty easy way for China to quickly buy up all the physical gold at the Comex.

abguy4 · Feb 1, 2013 - 10:00pm

Just to bring you guys, (and maybe some others), back into the conversation.....

To wit; When Jim Willie says Clinton is a ''Rockefeller'', what he is referring to is the general understanding - amongst this group and others - that the Ruling Elite, Or Evil Empire, are divided (in the Western hemisphere) into two somewhat competing factions, the Rockefellers and the Rothschilds, criminal 'families'.

So, Willie is simply calling-out Clinton's allegiances, amongst the criminal elite. There is also some internet scuttlebutt that B.C. may be the illegitimate son of some Rockefeller, and Willie may also be slyly referencing that rumor. Do some googling on that and make your own decisions.

In Godfather language;

Are you in with the Gambinos or with the Bonanos?

Capeche?

tyberious · Feb 1, 2013 - 10:01pm

https://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system/

The artificial dollar demand created by the petrodollar system has "permitted" Washington to go on multiple spending sprees to further create their "welfare and warfare" state.

And with so many dollars floating around the globe, America's asset prices (including houses, stocks, etc.) naturally rose. After all, as we have already demonstrated, prices are directly related to the available money supply.

With this in mind, it is easy to see why maintaining a global demand for dollars is vital to our national "illusion of prosperity" and our "national security." (The lengths at which America has already gone to protect the petrodollar system will be explained in our third article of this series.)

When, not if, the petrodollar system collapses, America will lose its "permission slip" to print excessive amounts of U.S. dollars. 

The Petrodollar and Hyperinflation in AmericaWhen this occurs, the amount of dollars in existence will far exceed the actual demand. This is the classical definition of hyperinflation. Since 2006, I have been teaching that America's bout with hyperinflation will be tied in some way with a breakdown of the petrodollar system and the artificial dollar demand that it has created. 

When hyperinflation strikes America, it will be very difficult to stop without drastic measures. One possible measure will be a quick and massive reduction in the overall supply of U.S. dollars. However, with a reduction of the supply of dollars will come a massive reduction in the value of assets currently denominated in U.S. dollars.

(I will explain more about potential scenarios of the petrodollar collapse along with personal strategies that you can take in the fourth and final article in this series.)

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