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

SteveWSafety Dan
Dec 31, 2015 - 2:45pm

@Safety Dan: Must read - Vaccines

I know you like to post this off topic stuff on weekends but I wish you could be more selective and not post most everything you find. I've mentioned before that when you copy and paste stuff with obvious errors it gives one zero confidence in the opinion being expressed.

"The first known case of autism was caused by the Polio Vaaccine in the 1930’s. That is a fact acknowledged covertly by both the CDC and WHO."

The first polio (Salk) vaccine entered clinical trial in 1954. Very few are now around who remember being excluded from swimming due to the risk of infection and the quality of life confined to an "iron lung".

SV40 (simian virus 40), a polyoma not a retrovirus, was discovered in 1960. It was subsequently found that much polio vaccine (grown in green monkey kidney cells) was contaminated with SV40. This is well known and not a conspiracy.

https://en.wikipedia.org/wiki/SV40

SV40 has the potential to cause cancer but it obviously does not seem very effective, otherwise there would have been an epidemic of cancer in those vaccinated against polio. I speculate it is far less carcinogenic than cigarette smoking.

Retroviruses are capable of causing cancer and some are transmitted from human to human so one is potentially exposed during normal activities.

https://en.wikipedia.org/wiki/Retrovirus

However the vast majority of cancers are due to critical somatic mutations in key control cellular processes that occur by random errors in DNA copying or are promoted by carcinogens such as processed meats (with nitrites) or tars formed on well cooked steaks and bacon.

SteveW
Dec 31, 2015 - 2:49pm

PM's on sale

so I pulled the trigger and made my annual purchase of 2016's for the grandchildren. If we get a rally next year I'll pat myself on the back. If we get a further drop I'll console myself with the thought that they were bought at my cost average, since the CAD$ is only US$0.72 these days.

matt_
Dec 31, 2015 - 3:08pm
Libero
Dec 31, 2015 - 3:21pm

Best Wishes

for a Great Healthy and Wealthy New Year to all of Turdville.!!!

Be safe...

Marchas45
Dec 31, 2015 - 3:26pm

@Libero

Happy Hogmanay to you. Don't partake to much. Lol

Marchas45
Dec 31, 2015 - 3:41pm
braincramps
Dec 31, 2015 - 3:51pm

Deep Capture

This is a great overview of financial corruption and how they work together and with the SEC. Patrick Byrne is a hero of mine...

https://www.deepcapturethemovie.com/

TasSTL
Dec 31, 2015 - 4:05pm

IT'S OFFICIAL!!!

PSLV logs lowest weekly, monthly and yearly close EVER today. Anyone who has shorted PSLV ends the year at an absolute high. Anyone who has ever been long PSLV (myself included) finishes the year with an absolute loss.

Remarkable. I keep thinking there is a price where the miners will stop flooding the market. Apparently, that price is still lower and still to come.

Happy New Year!

LiberoMarchas45
Dec 31, 2015 - 4:22pm

You too Marchas

Us sturdy New Englanders do know how to partake!

Fred Hayek
Dec 31, 2015 - 4:27pm

S&P down for the year?! What will stockroaches do?!

I'm stunned that 4:00 came and went and that the tiny bit of fraud, relative to the mountain of it done previously, the tiny bit more fraud necessary to ramp the market up past this year's opening wasn't indulged.

Gold and silver are hammered nearly every single day at the same times. They've done scores of late session ramp ups of the S&P the last several years. They couldn't do this one? Why not?

I think we can rule out pangs of conscience. Why is it strategically better for them to let this year be officially a down year?

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