Holiday Weekend Jackass

267

It's a sort of tradition around here that whenever we have a three-day market holiday weekend, we try to check in with Jim Willie. And this time, we used our A2A webinar format so that subscribers of TFMR were able to ask their own questions in real time. It was great fun and I think you'll find it all quite thought-provoking.

What topics did we discuss over this 97-minute call? Maybe a better question is...what topics did we not discuss? In this podcast you'll here Jim pontificate on Trump, Syria, North Korea, gold, China, gold trade notes, silver, the mining shares, the Fed, debt jubilee, interest rates, the dollar, platinum and even his thoughts on Journey entering the Rock-and-Roll Hall of Fame.

So sit back, relax and enjoy. And have a great holiday weekend, too.

TF

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yukon123
Apr 17, 2017 - 11:11am

Polls

Polls are rigged when they are unfavorable, but then are legit and somehow have meaning when the number is more positive. Donald Trump will surely make note of the positive move.

Wouldn't these polls be the tool of propaganda to make it seem like war is favorable and you should want it too?

Where should one look to find some semblance of truth when the agendas are out in the open, people are aware, but now the information itself is even more questionable then ever.

Irony: People are waking up and are now even more confused. The sheer number of realities that exist now is mindbending.

procog
Apr 17, 2017 - 10:59am

@ Orange

Thank you.

Maestro
Apr 17, 2017 - 10:52am

A.E....are you part of this bump?

calling you out again...

It appears that if you want to be liked by the American public, go to war. After a non-stop plunge to record low ratings for a new president, Rasmussen's most recent data shows President Trump's favorability surging to 2-month highs since he started rattling sabres around the world.

The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. Fifty percent (50%) disapprove. This is the first time the president’s overall approval rating has been back in the 50s in nearly a month. Just after his inauguration, Trump’s job approval peaked at 59% and remained in the 50s every day until early March. It’s gone as low as 42% since then. The latest figures for Trump include 30% who Strongly Approve of the way Trump is performing and 39% who Strongly Disapprove. This gives him a Presidential Approval Index rating of -9.

However, while this recent warmongery has juiced Trump's favorability, a recent Gallup poll says majority of people no longer believe he will deliver on promises...

The more positive assessments of Trump in February came as he started his presidency with a flurry of executive orders and Cabinet appointments. Regardless of whether they agreed with those actions, Americans appeared to take them as evidence Trump was keeping his campaign pledges to fundamentally alter the course of the federal government.

In the two months since, however, Trump appeared to walk away from repealing the Affordable Care Act after Republicans failed to agree on the healthcare replacement bill that Trump stood behind. Political friends and foes alike have complained that Trump is not carrying out the promises he made on the campaign trail. Supporters have expressed unhappiness that more has not been done on taxes and immigration, in addition to healthcare. Opponents say he has not protected middle- and working-class Americans.

As Gallup concludes, at the outset of his presidency, a majority of the public did give Trump credit, however, for keeping his promises and for being a president who could bring about needed changes. Now many have turned away from those views, perhaps because of the GOP's failure to deliver on their long-standing promise to repeal Obamacare. As a result, a majority now disagree that he has these qualities. These views could shift again, depending on Trump's actions over the course of his presidency. But for now, Trump has lost significant ground with a public that only two months ago credited him with having one of the key characteristics of a successful president.

lakedweller2
Apr 17, 2017 - 10:49am

Two Points

First, tbe military is controlled by the civilian appointments within the Pentagon.

Second, Control of Wall Street can be regained by the Presidential appointment of a US Attorney General that is directed to and takes criminal action against political and financial corruption.

If your goal is to continue the corruption, you appoint corrupt individuals and as tbe President, direct them to maintain status quo. It is apparent by these appointed executives day to day actions, not their verbal, what the agenda is.

canary
Apr 17, 2017 - 10:19am
billhilly
Apr 17, 2017 - 10:14am

canary...

I don't see it...according to Investing.com the low was 18.49. I don't see any spike down even on the 1 min. candles.

but I do see another hatchet job on the GDXJ !!!!!

canary
Apr 17, 2017 - 9:35am

Did you see the hit on silver, this morning?....

All the way to 18.35...But it bounced.

J SiefertAngry Chef
Apr 17, 2017 - 9:25am

Re. This Is What’s Really Behind North Korea’s Nuclear Provocati

Not sure if there is anything in it but.....

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Jihk2431
Apr 17, 2017 - 9:24am
billhilly
Apr 17, 2017 - 9:20am

from ZH...

Monday, April 17

  • 08:30 AM Empire manufacturing survey, April (consensus +15.0, last +16.4)
  • 10:00 AM NAHB housing market index, April (consensus 70, last 71): Consensus expects the NAHB homebuilders’ index to edge down by 1pt in April from a post-crisis high of 71, after a strong report in March showed broad-based strengthening across all components and regions.
  • 05:00 PM Vice Chair Fischer (FOMC voter) speaks: Federal Reserve Board Vice Chair Stanley Fischer will give the Inaugural Lecture on Central Banking at the Columbia School of International and Public Affairs. The topic of his remarks will be “Monetary Policy Communication”. Audience Q&A is expected.
  • 04:00 PM Total Net TIC Flows, February (last +$110.4bn)

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