A Labor of Love from The Golden Jackass

307

As per tradition here at TFMR, our pal Jim Willie stopped by to celebrate the 3-day holiday weekend of Labor Day in the U.S. You should be sure to carve out some time to give this audio a thorough listen.

I decided to change the format a bit for this show. Instead of a list of questions for The Jackass to answer, I thought it would be fun to just simply give him some general topics and then just let him ride a stream of consciousness to wherever his big brain leads him.

Those three topics could be loosely described as:

  • The Fed/Bonds/Derivatives/NIRP/EU Banks. This is the first 20 minutes or so.
  • The G20 meeting in September/The IMF SDR inclusion of the yuan in October/gold. This evolves over the next 15-20 minutes.
  • International rejection of US treasuries/The future of the dollar/Gold-backed bonds/Gold-backed trade notes. This is the final 25 minutes.

So, anyway, have fun listening. I tried to keep my input to a minimum as most subscribers here at TFMR already know what I think on most of these issues. These podcasts are designed to give you access to what The Jackass thinks, instead.

Enjoy,

TF

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Key Economic Events Week of 6/5

6/5 9:45 ET S&P Services PMI
6/5 10:00 ET ISM Services PMI
6/5 10:00 ET Factory Orders
6/7 8:30 ET U.S. Trade Deficit
6/8 8:30 ET Initial Jobless Claims
6/8 10:00 ET Wholesale Inventories

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