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Holiday Jackass

106

It's a three-day US market holiday weekend. You know what that means! An update from The Golden Jackass himself, Jim Willie.

By now, you know the drill. I ask Jim to pontificate on three primary topics and Jim, of course, never disappoints. For this call, those three topics are:

  1. The renewed and ongoing bull markets for both gold and silver.
  2. Negative interest rates and the end of the debt-based monetary system.
  3. Signals from central bankers that the dollar's days as reserve currency are numbered.

As always, I urge you to check out Jim's Hat Trick Letter service. More details can be found at his website, www.golden-jackass.com.

Have a great weekend but be ready for another wild week ahead.

TF

  106 Comments

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DeGraivesDeGraives
Sep 4, 2019 - 6:50pm

Jim Willie and Costa Rica

Time to get the hell out of Dodge!

lakedweller2
Sep 3, 2019 - 10:49am

Trading Halt

Great Bear requested a trading halt most likely for some significant news. I would expect it is positive as they had pre-scheduled a Conference Call (on Sep 4th) thing already. In any event, keep an eye on it.

Gasivs Buttox-SilverIsMoney-
Sep 3, 2019 - 10:23am

Amazing indeed but as for Casey Research

It's the old story of the broken clock.

And yes, they've made a few good calls in the past. Some (indirectly), I've made a tidy sum with but on individual stocks, their tip is usually just a little bit shy of the top and the fat lady has sung most of her song.

Joseph Warren
Sep 3, 2019 - 10:22am

“It Won’t Happen to Me”

I don’t know about you, but I stopped even mentioning PMs to family and friends some while ago. Years of seeing paper ‘prices’ monkey hammered down has had that effect. - - Even with the recent upturn, I’m not going to bring up the subject. I will give my opinion if asked. But they never ask. Gold & silver are off the radar of the vast majority of people in the USA.

We here in Turdville know why the PMs are important. Jim Willie spoke about the activities going on behind the scenes which will eventually impact the lives of everyone. What is going on is quite incredible- negative interest rates & central banks buying up everything with conjured up fiat, laws allowing banks to drain your accounts, etc ? Unfortunately, the public is ignorant of most of this. Many people prefer to remain so.

Here’s a very good article. It addresses this curious tendency in human beings-

https://www.zerohedge.com/news/2019-09-03/greatest-threat-wealth-preserv...

-SilverIsMoney-
Sep 3, 2019 - 10:13am

Unreal...

Unless this is the Top I figured they'd hammer us to start the month...

What a year.

Sep 3, 2019 - 10:05am

factory orders bad, too

US factory orders in the toilet, too...

*U.S. ISM FACTORY GAUGE SLIDES TO LOWEST LEVEL SINCE JAN. 2016
*U.S. AUGUST ISM MANUFACTURING INDEX FALLS TO 49.1; EST. 51.3
*U.S. AUGUST ISM FACTORY ORDERS INDEX DROPS TO 47.2 FROM 50.8

— TF Metals Report (@TFMetals) September 3, 2019
Libero
Sep 3, 2019 - 10:03am

New economic data

PM positive. Watch out above! This is why we do this.

TF
Sep 3, 2019 - 10:02am

rut roh rhaggy

Welcome to the contraction:

ISM Manufacturing 49.1, Exp. 51.2, Last 51.2

— zerohedge (@zerohedge) September 3, 2019

Now $1551 and $18.97

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TF
Sep 3, 2019 - 9:46am

the Markit PMI

Slightly better than expected

Mfg PMI 50.3, Exp. 50.0, Last 49.9

— zerohedge (@zerohedge) September 3, 2019
NUGTCALL
Sep 3, 2019 - 9:39am

Silver

Time to get this BS over and have our little forced majeure.

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Key Economic Events Week of 9/21

9/21 8:00 ET Goon Kaplan
9/21 10:00 ET Goon Evans
9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
9/25 11:00 ET Goon Evans #4
9/25 3:00 pm ET Goon Williams again

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
8/11 8:30 ET Producer Price Idx
8/12 8:30 ET Consumer Price Idx
8/13 8:30 ET Initial jobless claims
8/13 8:30 ET Import Price Idx
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Unit Labor Costs
8/14 8:30 ET Cap Ute and Ind Prod
8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
8/3 10:00 ET ISM Manu PMI July
8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
7/29 2:00 ET FOMC Fedlines
7/29 2:30 ET CGP presser
7/30 8:30 ET Q2 GDP first guess
7/31 8:30 ET Personal Income and Spending
7/31 8:30 ET Core inflation
7/31 9:45 ET Chicago PMI

Key Economic Events Week of 7/20

7/21 8:30 ET Chicago Fed
7/21 2:00 ET Senate vote on Judy Shelton
7/22 10:00 ET Existing home sales
7/23 8:30 ET Jobless claims
7/23 10:00 ET Leading Economic Indicators
7/24 9:45 ET Markit flash PMIs for July

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