TFMR Podcast #44 - Jackass on the Barbie

318

For a holiday treat, Jim Willie stops by for an informative and enlightening podcast.

Jim and I cover three main topics today:

  1. The recent takedown in gold and silver and the incredible physical demand which followed.
  2. News and behind-the-scenes events related to the recent G20 meeting in Turkey.
  3. The Fed's ongoing ZIRP and QE∞ and their total inability to exit the treasury market. Ever.

So there you have it. Nearly 45 minutes of uninterrupted Jackassian wisdom. Enjoy.

Have a great weekend!

TF

  318 Comments

May 24, 2013 - 11:43am

Riff Raffle Closing at 6:00 pm EDT

Remember that the Riff-Raffle closes at 6:00 New York time today. To keep it fair, all orders for tickets received after that time will be rejected and refunded.

I'm still trying to figure out the best format for broadcasting the results. We'll do it "live" if we can OR we'll record it as it's conducted and then immediately post the video to YouTube. I'll keep you posted.

Peoples Front of Judea
May 24, 2013 - 11:48am
Kcap
May 24, 2013 - 11:49am

Nice....

Grilled jackass...

Kcap

ps. Could this be "the" weekend?
Lightning
May 24, 2013 - 11:50am

Memorial Day

Have a great weekend all and let's not forget those who have fought for the freedoms we have.

atadheavy
May 24, 2013 - 11:51am

3rd?

No, 4th. But Second Top ten in as many days! My luck is on fire. The (partially consumed) Hat is as good as mine!

silver66
May 24, 2013 - 11:52am

Just reading this months golden jackass

and I get to listen to him, awesome

Silver66

dgstage
May 24, 2013 - 11:53am

Awesome, Awesome

Allways great to have JW.

Thanks

Igiveup2
May 24, 2013 - 11:59am

7th

From the chiro table. He doesn't understand.

CaribSurfKing
May 24, 2013 - 12:02pm
dropout
May 24, 2013 - 12:03pm

Where Are We?

Irrational exuberance still abounds in the stock markets, compliments of the Fed force feeding liquidity.

Tapering?

Fugettaboutit!

All other fundamentals are terrible. With not one improvement, save more pessimism by so-called "professional" traders with regard to gold and silver.

Total speculative gross short positions in gold are at a record high. The non-commercials (funds) cut their net long positions back to the lowest level since late 2008.

Precious metals bull or bear?

The EE loudly proclaims bear, backed up by their parrots in the MSM 'parroting' the same line.

It is much more likely that we are in a cyclical decline in a secular bull market.

https://www.goldsilverworlds.com/investing/rick-rule-10-questions-for-precious-metals-investors/

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7/15 8:30 ET Empire State Fed Index
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7/16 9:15 ET Cap Ute and Ind Prod
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