Jackass Roasting On An Open Fire

322

In what's become a holiday tradition, The Golden Jackass stopped by Turdville recently to spread some holiday cheer. In this lengthy podcast, The Jackass sums up the events of 2013 and then gives warning regarding the events he sees coming over the horizon in 2014.

Look, I realize that this baby clocks in at about 80 minutes long. Do with it what you will.

  • Break it up into manageable segments (gives you a reason for a break from your in-laws)
  • Download it and listen to it while you drive your family to Grandma's (at 75mph, you could cover about 100 miles)
  • Ignore it completely (at your peril ;)

Merry Christmas to all and, to all, a good podcast!

TF

  322 Comments

Dec 23, 2013 - 4:45pm

And if you haven't seen this yet, you need to!

First it was Bloomberg Industries employee Ken Hoffman on Bloomberg TV last week.

Now this??? https://www.bloomberg.com/news/2013-12-19/how-to-keep-banks-from-rigging-gold-prices.html

Am I dreaming? Did that article actually get printed? And it actually contains these two charts for the whole world to see?

Dec 23, 2013 - 7:25pm

And the GLD puked out another 8.40 mts today

Either Friday's addition was a misprint OR someone saw the fresh meat and gobbled it up.

You may recall that Friday saw a surprising ADDITION to the GLD "inventory". Total "gold" in "inventory" jumped from 808.72 mts to 814.12 mts.

And it's GONE today after a massive 8.40 metric ton withdrawal sets the total "inventory" back to 805.72 mts.

"Inventory" is now down 544.20 metric tonnes YTD or 40.31%.

Just since the price bottom is late June, total "inventory" has declined by 163.78 mts or about 17%.

Again...just for fun...544.20 metric tonnes, once shipped to Switzerland, re-assayed and re-cast, could also be stated as 544,200 of these:

Now, most "Western" Kilobars are about 9mm thick...so...assuming the new official Chinese bars are roughly the same size...if you stack all 544,200 of them, one on top of the other like dominoes or Pai Gow tiles...you get a stack of Kilobars that is 4,900 meters high or roughly 16,000 feet.

Chew on that while you chew on your holiday Roast Beast...

ButchCassidy
Dec 24, 2013 - 12:12am

Appreciated.

Appreciated.

glimas
Dec 24, 2013 - 12:27am

what ?

How can this be??? Where is everyone. Just finished Mon night steel and was checking results so stopped by to see daystars harvey report. Wow, just a few up.

Hammer
Dec 24, 2013 - 12:29am

Something to eschew

Something to eschew (apologies if already posted elsewhere)

https://news.goldseek.com/GoldSeek/1387724580.php#disqus_thread

Mudsharkbytes
Dec 24, 2013 - 12:55am

Keep hitting the top ten...

... But keep missing the first.

oh well.

Merry Christmas everybody!

TomMack
Dec 24, 2013 - 1:21am

top ten

tuff making the top 10 so i seized the chance..... yeah just got back home from the road doing the full tilt boogie and figured i would check in to see what was happening in the world..next i see a new thread with 80+mins of jim willie. unfortunately it will have to wait until tomorrow.

Hammer
Dec 24, 2013 - 1:23am

Here's a must watch for

Here's a must watch for Turds

Gotta love Scorsese. Made a career out of observing gangsters and crooks. Love the release date ! Christmas Day.

https://www.imdb.com/title/tt0993846/

Hammer
Dec 24, 2013 - 1:29am

US retailer Target is being

US retailer Target is being sued by at least 11 customers over a credit card security breach that saw details of more than 40 million cards stolen.

The lawsuits, each seeking class-action status, were filed in US courts in recent days and seen by the BBC.

Meanwhile, major US banks have moved to limit damages by restricting spending on debit cards.

This is what Argentus was referring to regarding his comment on capital control (underlining highlighting mine)

https://www.bbc.co.uk/news/world-us-canada-25496284
DeaconBenjamin
Dec 24, 2013 - 1:30am

God bless you!

For making this public. It will be 2 a.m. before I finish this.

Key Economic Events Week of 2/17

2/18 8:30 ET Empire St Manu Idx
2/19 8:30 ET Producer Price Idx
2/19 8:30 ET Housing Starts & Bldg Perms
2/19 2:00 ET January FOMC minutes
2/20 8:30 ET Philly Fed
2/21 Fed Goons all day at Chicago Conf.
2/21 9:45 ET Markit flash Feb PMIs

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Key Economic Events Week of 2/17

2/18 8:30 ET Empire St Manu Idx
2/19 8:30 ET Producer Price Idx
2/19 8:30 ET Housing Starts & Bldg Perms
2/19 2:00 ET January FOMC minutes
2/20 8:30 ET Philly Fed
2/21 Fed Goons all day at Chicago Conf.
2/21 9:45 ET Markit flash Feb PMIs

Key Economic Events Week of 2/10

2/11 10:00 ET Job Openings
2/11 10:00 ET CGP Hump-Hawk House
2/12 10:00 ET CGP Hump-Hawk Senate
2/13 8:30 ET CPI
2/14 8:30 ET Retail Sales
2/14 9:15 ET Cap Ute & Ind Prod
2/14 10:00 ET Business Inventories

Key Economic Events Week of 2/3

2/4 10:00 ET Factory Orders
2/5 8:15 ET ADP Employment
2/5 9:45 ET Markit Service PMI
2/5 10:00 ET ISM Service PMI
2/6 8:30 ET Productivity & Unit Labor Costs
2/7 8:30 ET BLSBS
2/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 1/27

1/28 8:30 ET Durable Goods
1/28 10:00 ET Consumer Confidence
1/29 10:00 ET Pending Home Sales
1/29 2:00 pm ET FOMC Fedlines
1/29 2:30 pm ET Powell presser
1/30 8:30 ET Q4 GDP first guess
1/31 8:30 ET Pers Inc and Spending
1/31 9:45 ET Chicago PMI
2/2 10:00 pm ET Chiefs win SB LIV

Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

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