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 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

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