Ringing In 2018 With Jim Willie

146

Our old friend, Jim Willie, joins us for our annual tradition where we wrap up the year that was and look ahead to the year that will be.

As we like to do, we simply had three primary topics for The Jackass. The questions are framed and then Jim fills in the blanks. As we wrap 2017 and look toward 2018, the topics are:

  1. Interest rates, QE and the global bond market
  2. The accelerating movement toward de-dollarization and risks to the petrodollar
  3. How geo-politics and war are impacted by #2 above

You'll no doubt enjoy this 65-minute call. It's going to be a wildly unpredictable and volatile 2018. My hope for everyone listening is that it begins with a safe and relaxing New Year's weekend.

TF

  146 Comments

s1lverbullet
Dec 30, 2017 - 12:47pm

1st

Yeehaw!!

OOOBuck
Dec 30, 2017 - 12:51pm

silver

Auld lang syne and the Golden JackAss. How can we go wrong!

HiHo Silver... Away!

infometron
Dec 30, 2017 - 12:51pm
RickshawETF
Dec 30, 2017 - 12:54pm

For Charlie

Who's probably out stacking . . .

CC Horses
Dec 30, 2017 - 12:54pm
Dec 30, 2017 - 2:16pm
billhilly
Dec 30, 2017 - 2:23pm

A testimony...

Since this is a public thread I thought I'd offer a testimony for those who are not members of the site.

TFMR is by far the best site for metals and miners related information and analysis. Our host, Turd Ferguson, has a great feel for these markets and relates them to us all on a daily basis. No one can tell exactly where things will head on a day-to-day basis, but TF can decipher the trend better than anyone I've seen. I've been able to take advantage of his sage advice and make some money on the trends he puts forth.

Further, he lays out with clarity and precision the specifics of the PM manipulations that are on-going. He points out objective patterns and data to support his thesis, and then he provides subjective forethought on how to play the markets. Hey, if we cannot change the system at least we can profit from it.

Then there are the other members. It is a remarkable assembly of diverse and intelligent personality which creates the backbone of the site. It is in the comment sections that true wisdom can be gained and we can deepen our own understandings of the world we live in. I value the other members as much as I do my own family. Yes, we debate and argue and butt heads yet it is almost exclusively in the interest of advancing knowledge for the benefit of all.

I recommend you come on in and give us a try for a trial period at the least. It is an insignificant amount of money given for the benefit received.

streber
Dec 30, 2017 - 2:30pm

The Bernank

repeatedly said, 'Fed policy is 98% talk, 2% action.'

All they care about is creating false consensus expectations so they can manipulate markets.
The Fed’s words are bullshit, designed to deceive.

So, Warriors of The Watchtower,
unsheathe your weapons,
don your headsets
and turn up the volume
as we ride to final victory in 2018.

Dedicated to our fallen comrades...

Game of Thrones Main Theme - Epic Orchestra Remix (Extended)
chrtoo
Dec 30, 2017 - 3:31pm

Free thread.

Thanks, Turd, for allowing us to share this with our friends via an Open Post!

You are a most gracious host!

Happy New Year in Turdville as all Turdites are tucked in the favourite chair with an adult beverage to enjoy this timely podcast.

CHR.

P.S. @BillHilly .. A Testimony .. Great idea and Thank you!

DOOGIEbillhilly
Dec 30, 2017 - 3:50pm

BillHilly/TF Metals

I second the motion. TF is the best site for metals and all around stimulating talk. I might add you BH have alot to do with it. Your posts are always informative and sometimes very amusing !!! KD

Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

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Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts & Bldg Perms
11/20 2:00 ET October FOMC minutes
11/21 8:30 ET Philly Fed
11/21 10:00 ET Existing Home Sales
11/22 9:45 ET Markit November Flash PMIs

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

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