The Jackass Red Glare


Bombs bursting in air. Gave proof through the night, that our Jackass was still there...

On Wednesday, our pal Jim Willie stopped by Turdville as our guest for this week's Access2Access presentation. Vault subscribers asked an abundance of terrific questions and Jim generously donated over 80 minutes of his time answering them.

In some ways, I want to apologize for letting this run 80 minutes. I know you're busy, too, and likely don't have the time to listen to the entire presentation. That's OK. Maybe break it up into several sittings? If you do, you'll hear Jim discuss:

  • If he sees anything significant coming in July
  • The real reasons and sponsors of the fighting in Iraq
  • His preferred ratio of gold and silver holdings
  • Under-the-radar developments with the big, European banks
  • He even gives us his darkhorse World Cup winner and much, much more

If you find yourself needing/wanting more than 80 minutes, be sure to subscribe to Jim's services. The links are below.




Jul 4, 2014 - 9:11am

It`s a first

I came forth and was first on the fourth ! Happy 4th everyone.

Jul 4, 2014 - 9:12am


Keep up the good work Turd

Jul 4, 2014 - 9:26am

Are you kidding!!???

Too long? No way!!! I could listen to Jim Willy all day. Seriously I meanThat. Don't cut anything short, please. That guy is a fountain of important and valueable Information.

Jul 4, 2014 - 9:30am

Bring him on

Love this guy!!!

That's why I subscribe to him


Jul 4, 2014 - 9:36am

Can it be ....

Fourth on the Fourth!

No ... but a Fifth on the Fourth is OK too ...

Jul 4, 2014 - 9:56am

Thanks Turd...

Thanks for the podcast present!

Mr. Fix
Jul 4, 2014 - 10:17am

80 min. of the Jackass is time well spent.

I've been looking forward to this with bated breath, thank you very much.

I Run Bartertown
Jul 4, 2014 - 10:32am

Happy 4th

And today, we can celebrate freedom with Anthony, formerly of Opie and Anthony.


"Sirius decided to cave and fire me. Welcome to bizarro world. Fired for shit that wasn't even on the air & wasn't illegal. So, who's next?"

Jul 4, 2014 - 10:32am

A tale of two certainties -- Alasdair Macleod

Not only has a weak yen been instrumental to lowering bond yields around the world, it has also been a vehicle for other purchases. On the sale or short side, another commonly agreed certainty has been the imminent collapse of the credit-driven Chinese economy, which will ensure metal prices continue to fall. In this case, gearing is normally obtained through derivatives.

However, things don't seem to be going according to plan for many investment banks and hedge funds, which might presage a change of strategy. Copper, which started off as a profitable short by falling 12.5% to a low of $2.93 per pound, has recovered sharply this week to $3.26 in a sudden short-squeeze. Zinc is up 6.4% over the last six months, and aluminium up 6%. Gold is up 11%, and silver 8.5%. So anyone shorting a portfolio of metal futures is making significant losses, particularly when the position is highly geared through futures.

It may be just coincidence, but stories about multiple rehypothecations of physical metal in China's warehouses have emanated from sources involved with trading in these metals. These traders have had to take significant losses on the chin on a failed strategy, and may now be moving towards a more bullish stance, because China's warehouse scandal has not played out as they expected.

So two certainties, the collapse of both the yen and of Chinese economic demand don't seem to be happening, or at least not happening quickly enough. The pressure is building for a change of investment strategies which is likely to drive markets in new directions in the coming months.

Jul 4, 2014 - 11:37am

Finally got through

the podcast. Thanks Turd. Tremendous effort and work put forth by you and Jim Willie..

As always in this sector of our world, a lot of speculation on Jim Willies part.That of course is not unusual for any one focused on precious metals,TEOTWAWKI, banking ,politics ,and so on.

A particular point that July sees his sources go quiet is not proof of any thing.As far as cyclical analysts are concerned the only significant event in July was/is a turning point for gold and silver, along with a few other "things".

Why that occurs means jack to cyclists.We will see after the fact why. We only care about profiting from the moves, in either direction.

Addition. It is well known that i disagree the "Us Dollar is going away" as JW puts it.

It will surely be revalued, a reset if you will.But 'go away'? Not a chance.

The 3 will survive. Euro, Yuan,$USD. They will compete , fiercely so.To own USD in size at this point is foolish , with that i agree. There will come a day to buy $Usd in size again.One day.

Addition #2. Jim is correct about Germany. I have first hand information on what Jim says regarding Frankfurt.

Jul 4, 2014 - 11:57am

fireworks and a wiener

roman candle fetch
Jul 4, 2014 - 12:03pm

Happy 4th of July!

Faces of America by Dan Fogelberg
Jul 4, 2014 - 12:13pm


Posted on July 4, 2014 by The Doc4 Comments ↓

When is the system going to break down? The answer is 2008.
The tipping point was the Lehman kill in Sept 2008, following the subprime mortgage collapse.
It was a death event for the US banking structure, which should have forced liquidation of all Wall Street firms.
Then came the Financial Accounting Standards Board relaxation of rules in April 2009, which still permits the big US banks to declare their assets at any value they wish. They hide grotesque insolvency. Their liquidation would not happen, instead zombies walked.

The next tipping point was the Federal Reserve announcing a move toward the Zero Percent Interest Rate (ZIRP) in early 2009, followed by the bond monetization initiative (QE) in early 2012.

The most recent tipping points are the Syria War and the Ukraine War to obstruct the Russian Energy Monopoly in the European energy market. The defense of the USDollar has taken historically unprecedented turns.

These cited extreme events are all serious tipping points. Since 2009, the vastly depleted, exhausted, and wrecked body economic of Uncle Sam has been kept going with life support, electric shock treatment, and the formaldehyde elixir.
No recovery comes. Systemic failure and total breakdown are assured.

The only protection is Gold & Silver coins and bars. The hyper monetary inflation has met the asset destruction.

Jul 4, 2014 - 12:16pm

Independence Day

This part of the DoI is always overlooked. Everyone knows the "self-evident truths" part but what about this? The DoI continues:

That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security

Jul 4, 2014 - 1:06pm
Jul 4, 2014 - 1:12pm

Always two sides to the story

Friday, 04 July 2014 |

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China gold imports may drop 400T this year - consultant

Leading precious metals consultant, Philip Klapwijk, says Chinese authorities are once again moving to rein in abuse of gold lending.

Related Stories

Author: Jan Harvey (Reuters)
Posted: Friday , 04 Jul 2014

LONDON (Reuters) -

Chinese gold imports could fall by up to 400 tonnes this year as the government tightens controls on gold financing deals and domestic demand softens, a leading precious metals consultant said on Thursday.

Philip Klapwijk, director of the Hong Kong-based Precious Metals Insights, said the Chinese authorities are once again moving to rein in abuse of gold lending, after a crackdown on commodity financing last year.

He said weaker import volumes in recent months -- China's gold imports from Hong Kong dropped in May to the lowest level since January last year -- suggested the gold lending business was already being partly wound down.

In the full year, imports could fall 300-400 tonnes, or as much as 22 percent, he said.

"(Gold imports) will probably decline for the full year given the impact of firstly, weaker real demand in China compared to its outstanding level in 2013 and secondly, measures to restrict the abuse of gold lending and other financial plays using the yellow metal," he said in an interview with the Reuters Global Gold Forum on Thursday.

"Total imports into China may have reached nearly 1,800 tonnes in 2013, taking into account unofficial and direct shipments," he said. "That figure will surely be several hundred tonnes lower in 2014.... It is another headwind for any rally in gold this year, and it also means the price floor may be a bit shakier."

Jul 4, 2014 - 2:20pm

Dow17000. I see another 50 to

Dow17000. I see another 50% to 70% gain before a correction.

Jul 4, 2014 - 3:07pm

Thanks For 2 Million Views On Episode 4 Hidden Secrets Of Money

Thanks For 2 Million Views On Episode 4 Hidden Secrets Of Money

Published on Jul 3, 2014

Episode 4 here: Thank you so much for continually sharing Episode 4 of Hidden Secrets of Money. Thanks to your help, the video has just passed 2 million views and is one of the most popular economics videos in the world. If you haven't shared it yet, now is the time. Thanks again.

Jul 4, 2014 - 3:14pm

JW has a very poot track record

In 2011, he called for inflation, not the deflation we got. He called for silver to go to $75. It went to 18 instead. He said Germany was releasing a gold backed Euro dollar. More hog wash. The list of his incorrect calls, some where he claimed inside sources, leaves me no alternative to calling him a quack.

Jul 4, 2014 - 3:56pm

more Prepagenda toward NWO reserve currency

DOLLAR FADE: SKorea, China to trade in national currencies...

links to...

Beijing, Seoul agree to direct trade in national currencies

© Photo: 3.0

China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports.



How this fits into the bigger picture is as follows- Decades ago tptb gradually replaced Silver and Gold with what eventually grew to be what is now the World Fiat Currency System. With all it's manufactured charts, reports, exchanges, "markets", currencies, institutions, media outlets, etc. etc. it is quite an apparatus. The whole thing was built on the foundation of the U.S. Dollar which is owned and issued by private foreign bankers. "Their" system (based on "their" USD) grew and grew.

Now, to prevent Silver and Gold from going parabolic and killing their experiment, as had always happened in the past, they created 2 fake charts. A "silver chart" and a "gold chart". These 2 charts control the price of every physical silver and gold transaction in the world, along with most people's perception of the value and monetary nature of silver and gold. ...and so it was, UNTIL-

In late June 2013 their silver chart failed. While attempting to run the silver chart to the down-side, ( to decrease silver sentiment and physical acquisition by the public) a strange thing occurred at about .50. Public Silver demand boomed, and the mine/refinery/wholesale/retail supply process started to lock up as the suppliers were increasingly unwilling to move Silver at those chart prices. uh-oh, if Silver gets out of control their "System" is dead. what to do what to do? They have a plan! Or at least a fairly obvious manifestation of what depraved bankers might always do in this situation. Either way, it's what is happening. ...and that is this-

They are prepping to kill their USD as the world reserve currency and replace it with a digital "nation"less reserve currency that they completely control. In hopes of saving their SYSTEM.

The Drudge-linked VoiceOfRussia article above indicates they are now taking this epic failure of a plan to the public via the MSM.

(and this should be very encouraging for Silver stackers the world over!)


As posted before, it's silly to make a big deal about countries using their own currencies and claim this has anything to do with the USD no longer being the reserve currency. Those 'other' currencies are all valued ONLY relative to the USD, so they now have to do a little extra math... 'wow'.

Here is a detailed post about why this is such a ridiculous campaign..

BYR to LKR deal is nails for coffin in USD reserve currency!!! by SS121

6 days 15 hours ago


but that's it... bro. Drudge is now linking more of what has been mostly a PM Community targeted prepagenda campaign.

Keep stackin', happy 4th to all, and No Worries! Only the "System" is dying, and that's a good thing!!

Jul 4, 2014 - 4:31pm

Another writing by T. Jefferson

Many have read the quote from Jefferson at the end of this, but the whole passage is worth a read:

"I do not know whether it is to yourself or Mr. Adams I am to give my thanks for the copy of the new constitution. I beg leave through you to place them where due. It will be yet three weeks before I shall receive them from America. There are very good articles in it: and very bad. I do not know which preponderate. What we have lately read in the history of Holland, in the chapter on the Stadtholder, would have sufficed to set me against a Chief magistrate eligible for a long duration, if I had ever been disposed towards one: and what we have always read of the elections of Polish kings should have forever excluded the idea of one continuable for life. Wonderful is the effect of impudent and persevering lying. The British ministry have so long hired their gazetteers to repeat and model into every form lies about our being in anarchy, that the world has at length believed them, the English nation has believed them, the ministers themselves have come to believe them, and what is more wonderful, we have believed them ourselves. Yet where does this anarchy exist? Where did it ever exist, except in the single instance of Massachusets? And can history produce an instance of a rebellion so honourably conducted? I say nothing of it's motives. They were founded in ignorance, not wickedness. God forbid we should ever be 20. years without such a rebellion. The people can not be all, and always, well informed. The part which is wrong will be discontented in proportion to the importance of the facts they misconceive. If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty. We have had 13. states independant 11. years. There has been one rebellion. That comes to one rebellion in a century and a half for each state. What country ever existed a century and a half without a rebellion? And what country can preserve it's liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms. The remedy is to set them right as to facts, pardon and pacify them. What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is it's natural manure. Our Convention has been too much impressed by the insurrection of Massachusets: and in the spur of the moment they are setting up a kite to keep the hen yard in order. I hope in god this article will be rectified before the new constitution is accepted." - Thomas Jefferson to William Stephens Smith, Paris, 13 Nov. 1787

Spartacus Rex
Jul 4, 2014 - 5:45pm

@ TF Re: " New Guards for their future security..."

Meet the "New Guards"


HAPPY INDEPENDENCE DAY! Cheers & Semper Fi, S. Rex

I Run Bartertown
Jul 4, 2014 - 5:56pm


In another American tradition, someone named Kohn is here to tell you what is American and what is not.

"As we celebrate the signing of the 1964 Civil Rights Act 50 years ago this month...And as we look back on the 45th anniversary of the landmark gay liberation protests set off at the Stonewall Bar in New York, we remember protests where gay men and lesbians carried signs that simply said, "GAY IS GOOD...The organization Race Forward has a campaign to get media organizations to "Drop The I-Word" in their reporting about immigration. So far, the campaign has succeeded in getting the Associated Press, USA Today, the Los Angeles Times and many other outlets to stop using the word. But the pressure continues on The New York Times, The Washington Post and radio and television outlets. And the campaign around media usage is just one step toward influencing and ultimately ending the use of the word "illegal" by everyone in America."

But, in a hilarious twist, somebody has apparently had enough of that particular hypocrisy and decided to troll the Chosenites with a dose of their own medicine:

"We here at OBI are proud to be the world's leading organisation dedicated to diversifying Israel and solving the race problems in the Holy Land.

For those of you who are yet to do so, please encourage your family, friends and colleagues to join our struggle!"

Spartacus Rex
Jul 4, 2014 - 6:10pm


by Gary Hildrith

Have you ever wondered what happened to the fifty-six men who signed the Declaration of Independence? This is the price they paid:

Five signers were captured by the British as traitors, and tortured before they died. Twelve had their homes ransacked and burned. Two lost their sons in the revolutionary army, another had two sons captured. Nine of the fifty-six fought and died from wounds or hardships resulting from the Revolutionary War.

These men signed, and they pledged their lives, their fortunes, and their sacred honor!

What kind of men were they? Twenty-four were lawyers and jurists. Eleven were merchants. Nine were farmers and large plantation owners. All were men of means, well educated. But they signed the Declaration of Independence knowing full well that the penalty could be death if they were captured.

Carter Braxton of Virginia, a wealthy planter and trader, saw his ships swept from the seas by the British navy. He sold his home and properties to pay his debts, and died in rags.

Thomas McKeam was so hounded by the British that he was forced to move his family almost constantly. He served in the Congress without pay, and his family was kept in hiding. His possessions were taken from him, and poverty was his reward.

Vandals or soldiers or both, looted the properties of Ellery, Clymer, Hall, Walton, Gwinnett, Heyward, Ruttledge, and Middleton.

Perhaps one of the most inspiring examples of "undaunted resolution" was at the Battle of Yorktown. Thomas Nelson, Jr. was returning from Philadelphia to become Governor of Virginia and joined General Washington just outside of Yorktown. He then noted that British General Cornwallis had taken over the Nelson home for his headquarters, but that the patriot's were directing their artillery fire all over the town except for the vicinity of his own beautiful home. Nelson asked why they were not firing in that direction, and the soldiers replied, "Out of respect to you, Sir." Nelson quietly urged General Washington to open fire, and stepping forward to the nearest cannon, aimed at his own house and fired. The other guns joined in, and the Nelson home was destroyed. Nelson died bankrupt.

Francis Lewis's Long Island home was looted and gutted, his home and properties destroyed. His wife was thrown into a damp dark prison cell without a bed. Health ruined, Mrs. Lewis soon died from the effects of the confinement. The Lewis's son would later die in British captivity, also.

"Honest John" Hart was driven from his wife's bedside as she lay dying, when British and Hessian troops invaded New Jersey just months after he signed the Declaration. Their thirteen children fled for their lives. His fields and his grist mill were laid to waste. All winter, and for more than a year, Hart lived in forests and caves, finally returning home to find his wife dead, his chidrvanished and his farm destroyed. Rebuilding proved too be too great a task. A few weeks later, by the spring of 1779, John Hart was dead from exhaustion and a broken heart.

Norris and Livingston suffered similar fates.

New Jersey's Richard Stockton, after rescuing his wife and children from advancing British troops, was betrayed by a loyalist, imprisoned, beaten and nearly starved. He returned an invalid to find his home gutted, and his library and papers burned. He, too, never recovered, dying in 1781 a broken man.

William Ellery of Rhode Island, who marveled that he had seen only "undaunted resolution" in the faces of his co-signers, also had his home burned.

Only days after Lewis Morris of New York signed the Declaration, British troops ravaged his 2,000-acre estate, butchered his cattle and drove his family off the land. Three of Morris' sons fought the British.

When the British seized the New York houses of the wealthy Philip Livingston, he sold off everything else, and gave the money to the Revolution. He died in 1778.

Arthur Middleton, Edward Rutledge and Thomas Heyward Jr. went home to South Carolin tight. In the British invasion of the South, Heyward was wounded and all three were captured. As he rotted on a prison ship in St. Augustine, Heyward's plantation was raided, buildings burned, and his wife, who witnessed it all, died. Other Southern signers suffered the same general fate.

Among the first to sign had been John Hancock, who wrote in big, bold script so George III "could read my name without spectacles and could now double his reward for 500 pounds for my head." If the cause of the revolution commands it, roared Hancock, "Burn Boston and make John Hancock a beggar!"

Here were men who believed in a cause far beyond themselves.

Such were the stories and sacrifices of the America revolution. These were not wild eyed, rabble-rousing ruffians. They were soft-spoken men of means and education. They had security, but they valued liberty more. Standing tall, straight, and unwavering, they pledged: "For the support of this Declaration, with firm reliance on the protection of the Divine Providence, we mutually pledge to each other, our lives, our fortunes, and our sacred honor."


"What has destroyed every previous civilization has been the tendency to the unequal distribution of wealth and power." -- Henry George (1839-1897)

Jul 4, 2014 - 7:05pm

That "exit door".....

Is coming off it's hinges now as the pace quickens. Said we would see one, then others, then a stampede............. It was written in stone....and now is save the dates and times for the followers.... the written in stone dollar sure as the sun's was partnered with the dollar exit.... The control of this is IMO, totally lost now.....we are about to experience total grasping at straws, as the inept attempt to cover this mess like a cat in a litter box. TOTAL LOSS OF CONTROL APPEARS NEXT......over the next weeks. No amount of lying will cover the reality of the world leaving the dollar.....and the US in the dust. Anything you haven't done, do soon.

Urban Roman
Jul 4, 2014 - 7:35pm

Flaming Jackass

Collapsed underground city? Micronukes? China bought the Fed?

Has this guy ever gotten a whiff of a silly idea that he doesn't believe?

Seems like in a previous episode, the Russians had some kind of super cyber weapon, or maybe an emp weapon, that neutralized a Navy ship. Yeah, riiiiight. Well, maybe. But probably not.

Oh, and look out, his head's gonna asplode!

Jul 4, 2014 - 7:48pm

Another reason Americans need to wake up

Another reason Americans need to wake up is because all this violence going on in Iraq, Syria, Libya, Afghanistan, Ukraine, etc, is obviously going to be the model for how they take out the American "elements" that the PTB deem a threat. They're going to pit the masses against each other and you can already see that unfolding. I don't think anyone will escape what is coming, except if you leave or if you are in a protected group.

Jul 4, 2014 - 8:15pm

Coming soon..

Establishment Pushing “Cashless Society” to Control Humanity / By Alex Newman / July 4, 2014

The global establishment is increasingly pushing the notion of what it calls a “cashless society” — a world in which all payments and transactions would be conducted electronically, creating a permanent record for governments to inspect and track at will. Multiple governments from Africa and Asia to Europe and the Americas are explicitly working toward that goal, and in recent months, even more have joined the effort. Powerful globalist forces and organizations including the United Nations are helping, too. However, analysts are warning that the implications of such a shift would be nightmarish for liberty and privacy.

Proponents of the government-enforced move away from physical currency cite a wide array of potential real and imagined benefits. Among them: possible reductions in armed robbery, tax evasion, black-market commerce, the cost of printing and securing physical cash, and more. Critics, though, are warning of the dangerous and Orwellian schemes that could be unleashed in a world where out-of-control governments can monitor literally every purchase, transaction, and bit of economic activity. In light of the recently exposed NSA snooping scandal, the possibilities for abuse and total surveillance are more than hypothetical, obviously.

As the supposed “debate” on the alleged merits of the controversial plot rages on, more than a few governments and central banks are already working hard to reduce reliance on cash among citizens and businesses. The end goal, as they openly admit, is an ultimate end to all cash transactions, supposedly ushering in a wonderful world of safety and flourishing digital commerce. The darker side is rarely discussed, but as the move toward a “cashless society” accelerates, critics are increasingly sounding the alarm.


Spartacus Rex
Jul 4, 2014 - 8:33pm

@ tyberious "coming soon" NIMBY is the Battle Cry

I read something similar earlier this week @ The New American


Jul 4, 2014 - 9:06pm

Urban Roman

I tip my hat to your post....

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