Out With The Old, In With The Jackass

246

Another holiday weekend is upon us so, as per tradition, we have another installment of a TFMR podcast with The Golden Jackass himself, Jim Willie.

Three main topics are discussed over the course of this 100+ minute discussion. The first 40 minutes deals with The Middle East, particularly Syria and Turkey. The next 20 minutes are spent discussing the recent "rate hike" by the Federal Reserve and the final segment primarily focuses upon falling crude oil prices and the impact on derivatives, interest rates and geo-politics.

You've got all weekend to digest this information so please make the time to give this a thorough listen. As usual, if you'd like to go into greater depth, we encourage you to consider a subscription to The Jackass' newsletter service, The Hat Trick Letter. There is no doubt that 2016 is going to be a wildly unpredictable and consequential year. Only quality analysis from trusted sources will help you to see your way through it.

Happy New Year to all!

TF

  246 Comments

canary
Dec 31, 2015 - 12:34pm

Just wonder...

Who is working for the PPT on days like today?....The junior or the senior traders?

cavalier
Dec 31, 2015 - 12:39pm

Turd Thank you for all you do for us

Turd

Thank you for all that you do for Turdville. Your daily podcasts have helped me know when it is best to stack and provides timing information for those of us who dabble in the miners. Your guest podcasts, such as this one, educate us about financial and world matters that affect gold and silver. Because of a guest podcast I purchased The Creature from Jekyll Island which details the workings of the FED, which I recommend to all Turdites.

2016 will certainly be a volatile year when your advice will be even more valuable than ever. Thanks again.

4 oz
Dec 31, 2015 - 1:28pm
Dec 31, 2015 - 1:33pm

150 minutes to go. S&P 2055

again, SP needs to close today above 2059.20 for a 7th consecutive up year

benque
Dec 31, 2015 - 1:57pm

Any bets the Burj Khalifa won't

collapse into it's own footprint?

Fire sweeps through Dubai skyscraper

A huge fire has broken out in a high-rise hotel in central Dubai close to the world's tallest skyscraper, the Burj Khalifa.

Burning debris could bee seen falling from the 300m-tall (1,000-feet) building, called The Address, as firefighters arrived at the scene.

more:

https://www.bbc.com/news/world-middle-east-35207451

TasSTL
Dec 31, 2015 - 2:11pm

PSLV

Looks like PSLV will set ALL TIME weekly, monthly and yearly closing lows. $5.29 is the number to beat, with PSLV currently at $5.28.

47 million ASE's and the price is the lowest close on record (daily excluded).

benque
Dec 31, 2015 - 2:17pm

"Pardon me for being premature"...

said the sailor to the lady.

The news announcer said Burj Khalifa on fire, and footage looked pretty spectacular. Just after I posted the story above, the announcer is saying it is a hotel next door to the Burj Khalifa, and of course, I didn't even read what I posted...LOL.

Oh well, I'm guilty of jumping the gun.

Antony von Clearwell
Dec 31, 2015 - 2:30pm

The address...

... Is not really next to BK but not that far either. Say 250 yards.

Too bad. It's really a splendid hotel..... I hope no one got injured!

Ps: this location really offers a great view on the new years fireworks, which I assume will be canceled now.

AIJ
Dec 31, 2015 - 2:31pm

F 24/7 trading Bitcoin closes where its at now tonight

It will be a 35% increase for the year

tyberious
Dec 31, 2015 - 2:44pm

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