Baseball, Hot Dogs, Apple Pie and The Jackass

354

On Thursday, our pal Jim Willie stopped by for another holiday weekend podcast. Making it even more special was conducting this program in our A2A format where our Vault subscribers got to ask the majority of the questions. The result is 90 minutes of compelling audio that you're definitely going to want to hear.

This was, as usual, great fun and extremely informative. Jim must have answered about 20 questions from listeners, covering topics as diverse as:

  • The current status of DeutscheBank
  • The impact of Brexit on the euro and NATO
  • Turkey's "reconciliation" with Russia
  • The coming paradigm shift in the global monetary structure
  • Whether silver be included in any new, asset-backed global currency regime
  • His thoughts on a proper allocation between gold and silver
  • And much, much, much more.

It's going to be a long, 3-day weekend and US futures markets won't re-open until late Monday. So sit back, relax and enjoy yourself some Jackass. I promise you will not be disappointed.

TF

www.tfmetalsreport.com/subscribe

  354 Comments

  Refresh
vonburpenstein
Jul 4, 2016 - 5:37pm

ole bill...

...a member for nearly a whole day b4 trying to pump his site...right on!

ag4me
Jul 4, 2016 - 4:48pm
J SiefertOwtovit
Jul 4, 2016 - 3:52pm

Re.: Brexit...a locals chat

@ Owtovit Glad to see most Kiwis have their heads screwed on the right way.

BillD
Jul 4, 2016 - 3:33pm

Cometgold.com

Cometgold.com is now open for new posters. It is still focused on Gold, Silver, TRX, MUX and similar areas.

Angry Chef
Jul 4, 2016 - 3:29pm

The American Revolution, Part I: The Secrets Buried at Lexington

...Green

Happy Independence day !

https://jamesperloff.com/2014/12/09/the-american-revolution-part-i-the-s...

Now take back your Constitution and Bill of Rights and hang those Globalist Oligarchs that have destroyed your once great nation !

Joseph Warren
Jul 4, 2016 - 2:38pm

@Tyberious - I loved that article you posted !

by Legalman. Gave it a hat tip - and got quite a few chuckles out of it. :) There are many real historical points that he made. I confess to having a bit of the idealist streak running through me. The only problem with that - - is we live in a world where ruthless opportunists exist. People to whom 'Might Makes Right' rules. For example, I would really prefer that there would be no governments at all. That might take care of a lot of headaches. April 15th for one, speeding traps for another. But how to effectively defend yourselves against vast nations that are organized and ruled under governments ? I don't know. Many great minds have pondered that & havent come up with an answer. Like in other times & places throughout world history, - the native American population was over run by vastly larger numbers of people with far superior military technology. (Genghis Khans' horse archers also come to mind and his conquering of vast lands and their peoples.) And Jefferson was very concerned with a European power moving into the territory sold by France and becoming a dire threat to the young nation. How do you have a nation strong enough to defend itself without eventually creating a central government which is oppressive to the very people who they are supposedly defending ? We could always just go thermo-nuke at such an outside threat . . . but that seems counter-productive in the long run !

In another area - free trade. I'm all for it. In theory. I've read the Austrian economists and they make good sense. But what if 'free trade' isn't really free and isn't really fair ? How can a free people compete against foreign people who are virtual serfs ? What if the trade deals are written in such a way to benefit only a very few - while domestic industry is destroyed ? On the other hand, how do you prevent tariffs from being used to protect & enrich fat inefficient industries who are politically protected ? (Such as was the case with the US auto industry as a whole ) ? Beats me. The only point I'm trying to make is that these are very complicated issues with often conflicting desired outcomes. I'll likely always have a bit of the idealist in me (I think this was true of many of the American founders also). But sorting it all out is damned difficult and an on going process. Just look how opposite things look now compared the original idea of limited and divided government. - JW

Owtovit
Jul 4, 2016 - 2:20pm

Brexit...a locals chat

caught up with old mates last Friday night....we are all kiwis with kids now all born in the UK and we have lived in the uk from last 15-25 years, we all went to the same schools and grew up together back in godzone.....

NZ

3 of us voted to leave.....the other poor bastard spent 4 hours, 6 bottles of red wine and multiple beers trying to tell us we were wrong!

the Brexit crowd included an ex Marc Rich hedger, a city of London financial lawyer and me....a lowly civil engineer actually building infrastructure for those fuckers to get to work to screw me....go figure...the Bremainder is a brilliant IT engineer...

anyhoo for us brexitiers it was all about sovereignty and reclaiming control of our and our kids control of our destiny compared to unelected Marxist bureaucracy...our VERY intelligent bremainer just could not get his head around this....little Brittain....xenophobes..."chicken little" the economy will crash because of Brexit....etc etc

FFS

Like you all we are all sick of the BS and lies....time is on our side NOT theirs

stack on

tyberious
Jul 4, 2016 - 2:15pm

Https://smaulgld.com/how-big-

Https://smaulgld.com/how-big-is-silver-market/

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

James Crightonpbfurn
Jul 4, 2016 - 2:13pm

@pbfurn - 10:33am post

I rather like compwiz's posts. May I suggest that if they "annoy" you, you use the ignore button - it is there for just such situations. Thanks.

jc

canary
Jul 4, 2016 - 2:13pm

Jim Willie...I wish him well and hope he is right.....this time.

"The silver breakout will be one to behold in the history books"....But, didn't he say ( a year or so ago), that all the miners would go to zero?

Correct me if my memory is wrong......(don't think I'm in the best mood today....not sure why....Taking my doggies for a walk).

Silver Doctors (Independence Day Breakout! Silver has begun historic Run-up).

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 1/11

1/11 12:00 ET Goon Bostic speech
1/12 10:00 ET JOLTS job openings
1/13 8:30 ET CPI
1/13 1:00 ET Goon Brainard speech
1/13 2:00 ET Beige Book
1/14 8:30 ET Import price index
1/14 12:30 ET Chief Goon Powell
1/15 8:30 ET Retail Sales
1/15 8:30 ET PPI
1/15 9:15 ET Cap Ute and Ind Prod
1/15 10:00 ET Business Inventories

Key Economic Events Week of 1/4

1/4 9:45 ET Markit manu PMI
1/4 10:00 ET Construction Spending
1/5 Georgia U.S. Senate election
1/5 10:00 ET ISM manu PMI
1/6 US election certification
1/6 8:15 ET ADP Employment Report
1/6 9:45 ET Markit service PMI
1/6 10:00 ET Factory Orders
1/6 2:00 ET December FOMC minutes
1/7 8:30 ET Trade Deficit
1/7 10:00 ET ISM service PMI
1/8 8:30 ET BLSBS
1/8 8:30 ET Wholesale Inventories

Key Economic Events Week of 12/21

12/21 8:30 ET Chicago Fed
12/22 8:30 ET Q3 GDP final guess
12/22 10:00 ET Consumer Confidence
12/23 8:30 ET Durable Goods
12/23 8:30 ET Personal Inc and Spending
12/23 8:30 ET Core Inflation

Key Economic Events Week of 12/14

12/15 8:30 ET Import Price Index
12/15 8:30 ET Empire State Index
12/15 9:15 ET Cap Ute and Ind Prod
12/16 8:30 ET Retail Sales
12/16 9:45 ET Markit flash PMIs Dec
12/16 10:00 ET Business Inventories
12/16 2:00 ET FOMC Fedlines
12/16 2:30 ET Chief Goon Powell presser
12/17 8:30 ET Philly Fed
12/18 8:30 ET Current Account Deficit
12/18 10:00 ET LEIII

Key Economic Events Week of 12/7

12/8 8:30 ET Productivity & Unit Labor Costs
12/9 10:00 ET JOLTS jop openings
12/9 10:00 ET Wholesale Inventories
12/10 8:30 ET CPI
12/11 8:30 ET PPI

Key Economic Events Week of 11/30

11/30 9:45 ET Chicago PMI
12/1 9:45 ET Markit Manu PMI Nov
12/1 10:00 ET ISM Manu PMI Nov
12/2 8:15 ET ADP Employment Report
12/3 9:45 ET Markit Services PMI Nov
12/3 10:00 ET ISM Services PMI Nov
12/4 8:30 ET BLSBS
12/4 8:30 ET US Trade Deficit Nov
12/4 10:00 ET Factory Orders

Key Economic Events Week of 11/23

11/23 9:45 ET Markit flash PMIs
11/23 1:00 ET Goon Daly
11/23 3:00 ET Goon Evans
11/24 9:00 ET Case-Shiller home prices
11/24 10:00 ET Consumer Confidence
11/24 11:00 ET Goon Bullard
11/24 12:00 ET Goon Williams
11/24 12:45 ET Goon Chlamydia
11/25 8:30 ET Q3 GDP 2nd guess
11/25 8:30 ET Durable Goods
11/25 10:00 ET Personal Inc and Spend
11/25 10:00 ET Core inflation
11/26 US Market holiday

Key Economic Events Week of 11/16

11/16 2:00 pm ET Goon Chlamydia
11/17 8:30 ET Retail Sales
11/17 8:30 ET Import Price Index
11/17 9:15 ET Cap Ute and Ind Prod
11/17 10:00 ET Business Inventories
11/17 1:00 pm ET Chief Goon Powell
11/18 8:30 ET Housing Starts
11/18 1:20 pm ET Goon Bullard
11/19 8:30 ET Jobless claims
11/19 8:30 ET Philly Fed

Key Economic Events Week of 11/9

11/9 1:30 pm ET Goon Mester
11/10 7:30 am ET Goon Kaplan
11/10 10:00 ET JOLTS job openings
11/10 10:00 ET Goon Rosengren
11/11 Veteran's Day. Bond market closed.
11/12 8:30 ET CPI
11/12 11:45 ET Chief Goon Powell
11/12 2:00 pm ET Federal budget
11/13 7:00 ET Goon Williams
11/13 8:30 ET PPI
11/13 8:30 ET Goon Bullard
11/13 10:00 ET Consumer sentiment

Key Economic Events Week of 11/2

11/2 9:45 ET Markit Manu PMI
11/2 10:00 ET ISM Manu PMI
11/2 10:00 ET Construction Spending
11/3 U.S. Election Day
11/4 November FOMC begins
11/4 8:30 ET ADP jobs report
11/4 8:30 ET US Trade Deficit
11/4 9:45 ET Markit Services PMI
11/4 10:00 ET ISM Services PMI
11/5 8:30 ET Productivity & Unit Labor Costs
11/5 2:00 ET FOMC Fedlines
11/5 2:30 ET Chief Goon Powell presser
11/6 8:30 ET BLSBS
11/6 10:00 ET Wholesale Inventories

Forum Discussion

by scoremore, Jan 15, 2021 - 11:31pm
by scoremore, Jan 15, 2021 - 10:47pm
by scoremore, Jan 15, 2021 - 10:44pm
by scoremore, Jan 15, 2021 - 10:00pm
by GoldHermit, Jan 15, 2021 - 9:56pm
by scoremore, Jan 15, 2021 - 9:37pm
randomness