|
If today's landscape was a war setting, it would
feature collapsed buildings, rubble on the streets, empty warehouses, smoke
spewing upward from numerous city heaps, and fire
hoses sending water in every conceivable direction throughout the entire
city. And sadly, also dead bodies littered everywhere. They serve as the
economic damage. The city ruins are marred by additional water damage, rubber
boots a necessity. The buildings can be seen as the crumbled sovereign bonds.
The street rubble is the home equity destroyed, some still underwater. The
shattered warehouses are businesses either wrecked or in fast retreat. The
smoke is the painful emotions based in despair, loss, and absent opportunity.
In stark display, the fire houses are
the central banks printing and dispensing money from tainted sources, not
from factory income but rather the vacuous Weimar press. Of key
significance is the compounded damage inflicted by the water itself. ZIRP and
QE are tandem weapons of mass destruction that have been at work toward
business destruction and capital ruin of the USEconomy for three full years.
The zero interest rate policy assures the wrong pricing of money, the capital
fuel, thus distorting all markets. The quantitative easing is based in
extreme desperation, as the USGovt has lost the majority (80%) of its foreign
creditor support.
The celebrated bond monetization assures the steady
rise in cost structure which forces a vanishing of business profitability.
The nation was taught improperly in pure heresy from USFed high priests that
the free flowing liquidity was good, as the housing market expanded (bubble
#1) alongside mortgage finance (bubble #2). The public was told incorrectly
in 2007 that the damage would be limited. The Jackass forecasted absolute
bond contagion and destruction, which has come to pass in shocking style. The
sovereign bond collapse in Europe, where the USDollar printing must be
conducted through the swap facility conduit, is evidence of the absolute
destruction. Witness the collapse of the global fiat monetary system. The
supposed solution from evermore central bank monetary creation has compounded
the problem by adding to capital ruin. No solution within the current
monetary framework is possible, thus the demand for gold. Impairment has
moved from the margin to the core from water damage. Central banks, big
corporate bankers, and finance ministry heads have no clue what to do and
have begun to display their panic. They are out of options.
Conditions for
gold investment and price rise could not be more perfect in the current
environment. The infusion of fresh money without basis has led to
historically unprecedented monetary debasement. The ruin of
money is well along, certain to continue in greater amplified manner. The
solutions based in debt gauze and debt ointment cannot cure the indebted
patient suffering from debt breakdown and bankruptcy. Central bankers, looked to for leadership, have no clue what to do.
They turn repeatedly to a broken first aid kit. The United States has seen
over $3 trillion in new money shoved into the system in the last couple
years. The European landscape has been overwhelmed by over $3 trillion just
in the last several months. Yet no remedy is remotely visible, the new
consensus. France has taken on the popular virus, calling for socialism in
stronger dosage, to help the people. Spain is emboldened on the socialist
theme, having given clear signals in rejecting austerity also. Italy could
soon be worse infected, as unelected castle appointee Mario Monti must worry
about being tossed off a balcony. The
Greece showcase of failed solutions is visible to all, hardly the path other
larger nations wish to follow. But the Greeks had no legs, no courage,
and no guts to resist. Their leaders bent over at every request. Iceland
stands as the workable model, whose solution rested on nationalizing the
banks and repudiating debt held by banks.
The smell of monetary ruin is everywhere, as investment
houses and private investments struggle to determine what money is anymore.
It surely is not the fiat paper coerced as legal tender that is backed by
debt and not output. However, in this
perfect situation for gold investment, the main thrust powerpack is negative
real rates. The prevailing ultra-low official interest rate is far below
the reality-based prevailing price inflation rate. Even the 2% yield on the
10-year USTreasury is far below the true price inflation, whose annual rate
is measured between 9% and 11% for several months by the unerring Shadow Govt
Statistics craftsmen.
PROPAGANDA PUSH
The mainstream has chosen to trot out some supposed
experts among the elite business class. The banker class has been
discredited. The Wall Street lieutenants appear more like mafia dons,
smirking with Cheshire grins over unprosecuted $trillion fraud committed in
serial fashion. So from Berkshire Hathaway came Charlie Munger to denigrate
gold. He does not look like he misses any meals, nor has Warren Buffet's
portly son. Neither have any gold credentials whatsoever, unable to recite
even the basics of the market or its chief driving factors. Munger stated (as
though an authority) that gold was not an investment for the civilized.
Oracle Warren Buffet sold silver early, so he claims, back in 2003. What a
grand lie! He followed Hank Greenberg's lead and created an income stream in
selling option calls. The practice made Warren a liar, since he constantly
proclaimed precious metals offered no income. When Warren's 129 million
silver ounce hoard was called away in an option
settlement, the Barclays gang took it and started the corrupt SLV exchange
traded fund. Later it was sold to JPMorgan, where it has been corruptly
managed ever since, to keep America strong. Their stock & trade is naked
shorting of the metal, selling paper futures contracts with no posted
collateral. Heck, on February 29th, they sold more paper silver in one hour
than was produced by mining firms globally in a full year. The wonders of
financial engineering by the New York & London crowd are glaring, the pus
for which is visible from MFGlobal account thefts.
In the same manner, Bill Gates of Microsoft fame was
trotted out. He had fewer words of wisdom to share on gold, except that it
was speculative. Neither Munger nor Gates seems aware that the flow of
financial crisis events and their aftermath reflect not in any way shape or
form on civilized nations. Neither Munger nor Gates seems aware that
investment in protection is highly prudent and justified against inflated
asset breakdown, against debt saturation implications, against secretive
elite cornering of official aid, against bailouts with new debt to cover old
debt, against sovereign bond crumbling, against absent economic stimulus with
meaning, against systemic capital ruin, against chronic job loss. But the
Jackass digresses, certain to be called extreme and wild until the next dire
forecast comes to pass in a long sequence of correct calls. To be honest, my
forecast record has taken a nice turn toward the rosy and charmed ever since
taking Rob Kirby's advice not to forecast long-term US interest rates
anymore. He called the USTreasury Bond market the most corrupted interfered
controlled and mangled of any market in the world. That was back in 2009. How
true! See the Interest Rate Swap for long-term rate management. See the USFed
for its chief buyer of USTreasury Bonds in a balance sheet wrecked as badly
as the European Central Bank, both badly and irreparably toxic. They preside
over monetary wreckage and banking system ruin.
The gold cartel has used a favorite piece of
propaganda since 2003 when the bull market began in earnest. The claim has been regularly made that
the gold bull is tired and exhausted since jewelry demand has fallen off. Any
student of gold can tell you that tapered jewelry demand is solid
confirmation of the gold bull market. It serves as an extremely reliable
gold contrary indicator. It is easy to explain. People buy fewer necklaces,
bracelets, and other valued objects, since they cost more in a noticeable
manner. Some turn to selling old unwanted jewelry, especially if a reminder of a lost love interest. In its place comes a
torrent of investment demand, where not $300 is spent on a piece for a lovely
neck, but rather $30 thousand or $3 million in gold or silver bars.
Investment volume is at least an order of magnitude greater than for jewelry.
The motive for jewelry is often discretionary in the West, but a method for
the lower and middle class to save in the East. The gold cartel trots out the
idiotic vacant propaganda about sagging jewelry demand every four to six
months, in order to fool the stupid masses. It works for some, especially
those with lazy herd mentality research and with inadequate brain stems. To
be sure, sluggish jewelry demand is a very reliable contrary signal to
confirm a gold bull market, always has been, always will.
A sidebar note on Microsoft. When Gates was faced
with anti-trust violations and potential breakup in 2004 and 2005, which
would have been justice meted, he argued that the firm was a colossus to be
sure, but was successful in innovation and needed to remain intact. Ever
since reading the unauthorized biography entitled "Hard Drive"
back in 1992, my trails have followed the Microsoft path closely. Their
marketing innovation was sequential date rape, inviting the next generation
for product development, hiding the systems software guys with swapped
business cards, offering up a few $million to ambitious fools, then pulling
the plug after the fools showed their trade secrets and copyrighted software
(lifted their skirts, in the trade parlance). Months later, Microsoft would
produce a competitor product, with the advantage of making the hooks
efficiently tied to the operating system, but with broken hooks for the
competitor products. So much for product innovation, Mr Gates. Their
innovation was evident in the crappy products released for database
management, like MS Access which is denigrated by every database expert the
Jackass ever talked to. Oracle DB is for professionals,
and MS Access for amateurs lacking standards of excellence who are required
to use it.
The list of such violated companies is as long as a
page, led by Ashton Tate, Micrografx, and Stac Electronics. In fact, the
Jackass had a nice investment in Stac (CLICK HERE for
background). Note the complete lie about talks for licensing, as intimidating
requests for donation and zero compensation does not constitute as talks for
licensing at all. Stac Electronics produced a software product that virtually
doubled the disk drive capacity in the 1990 decade, long before 40gb was a
standard hard drive, and compression was made obsolete. Recalled well were
the words of my stock broker, who urged me never to bet against Microsoft, or
Big Mo as he called it. He said any investor betting on the first successful
infringement lawsuit against Microsoft was a surefire loser. Not!!! What the
Jackass bought in Stac stock at $1.50 per share was sold at $4 to $5 per
share about one year later after Stac won a lawsuit for theft of product, the
first against Big Mo. To be sure, the Jackass did not have any great string
of investment wins, but some.
Later, the MS Windows product development was
unveiled further in ugly public glory. What a travesty in poor software
development, totally lacking innovation, a glaring display of shabby
software! They stomped on Netscape after severe intimidation, after they
refused to donate to the MS Monopoly Kingdom. As it turned out, Microsoft
bought the also-ran anti-virus software McAfee after Norton told them to get
lost. They essentially appealed to the third best in an assortment of system
software utilities, requesting them to donate their software for free, join
immortality, and live on. The best and second best obviously refused. The
third best were flattered and accepted, having no viable option in a tough
marketplace. MS Windows continues to have substandard virus protection. Their
defragmentation software is also substandard. Their breakdown recovery
software is also substandard. So as for claims to excellence, Mr Gates is a
laughing stock. His comments on gold were as deep as a 12-year old child's. Digress
no more.
GOLD COVER
CLAUSE
A gold cover clause for new viable strong currencies
is an idea whose time has urgently come. Consider another often used piece of
propaganda that actually exposes the desperation of the gold cartel, and the
assumed ignorance of the public once more. The concept goes like this: The
gold supply is so limited, so that it could not possibly qualify as a hard
asset backing for the money within the global monetary system. How totally
wrong! How incredibly shallow! What they do is expose their own greatest
vulnerability. Back in 1971, when the Bretton Woods Accord was broken, the
gold price was officially set by force at absurd level, like under $40 per
ounce. It quickly zoomed in the next decade to $800 in a relief exercise much
like a jailbreak of a bunch of anxious men bent on seeking fun after
restricted times.
Over the last 30 years, the growth in the money
supply has been unspeakable in its huge volume. It could be several tens of
$trillions just in official data for only the major nations. It could be well
in excess of $100 trillion over the years, after excluding the derivative
volumes. The monetary growth is like umpteen multiples over the timespan.
Normally, the gradual growth in monetary aggregate would be accompanied by
gradual new gold output to match it. The fiat currency system has permitted
the expansion of social system networks. It has permitted the series of asset
bubbles and busts, a cyclical phenomenon blessed as good by the clownish
central bankers. It has permitted unchecked war aggression, complete with
private profiteer motive. It has permitted magnificent bond fraud and
counterfeit of both bonds and cash, the chief $100
bill violations coming from Langley and Tehran. Just last 2007, the USDept
Treasury complained about missing $100 bill templates, a firm finger pointed
at Langley, where independent income sources have long been desired and
achieved. See the narcotics monopoly they command, with major platforms in
Cambodia, Yugoslavia, and Afghanistan over the decades. So the false argument of adequate gold supply is trumpeted, but in
ignorance as they reveal the very reason why gold should be priced at
multiples higher. If the expanded monetary aggregate (money supply) were
to be properly reflected in the price of gold, its price per ounce would be
somewhere between $10,000 and $15,000 easily. So the hack argument is put
forth on occasion. The rebuttal is that the torrid growth of new money
without basis would justify a gold price almost ten times higher, at which
point the shortage of gold would not be so acute.
In fact, the gold cover clause would then enter the
equation. Note first a quick reference to the fractional concept. The gold
cartel enjoys its fractional reserve policy that extends to bank lending and
even the illicit gold bullion management. The central banks, sometimes with
Congressional input, choose to dictate lending reserves within the entire
banking system. In general, 10 to 20 times as much money
is lent to borrowers as is held in bank reserves. It is called the fractional
banking system. Pain comes only when economies go into reverse, as banks fail
like flies caught in window sills during summer heat spells. The gold cartel
illicitly extended the fractional practice to their gold management scheme.
Investors typically place their gold bullion in the custody of the big banks,
which assign Allocated accounts (metal bars identified with specific owners)
or Unallocated accounts (cumulative metal pooled with owners of redeemable
certificates). Unbeknownst to many supposed allocated account holders, their
gold bullion metal is gone, treated to pooling improperly. This is precisely
the basis of several multi-$billion lawsuits in Switzerland. The financial
press prefers to genuflect and not mention the story to the public, for fear
of alarming the investment community into a veritable stampede. The Swiss
violations were tipped off to the Jackass in the summer 2010, having escalated
into a national crisis but of hidden proportions.
The global
monetary system could be backed by gold, but in a cover clause whereby each
participating nation would declare a given percentage of gold for redemption
upon demand. For instance, the entire world could do very well
to create a stable financial platform and foundation for the monetary system
with a 5% gold cover clause. If someone holds $100,000 in cash in whatever
country, then the holder could demand $5000 in gold bars. A financial firm
with $100 million in cash could demand $5 million in gold bars. The stability
of the system would be made strong. The argument of inadequate gold supply
would be alleviated during a rendered 20-fold increase in the money stock.
Consider the workable 5% cover clause. Furthermore, in times of crisis
replete with extensions to the scourge of steady USGovt $1.5 trillion
deficits, and multi-$trillion Wall Street fraud, and endless $trillion
Western Europe bond bailouts, the gold cover clause could be increased to 10%.
In more stable times, the gold cover clause could be reduced back to 5% and
even lowered to 3%.
COMPETING NEW
CURRENCYS
The flexibility of a gold cover clause device could
enable a few competing currencies. They would float, but the linkage to gold
would prevent much fluctuation beyond recognized bands. If the Russian Ruble
were backed by a 2% cover clause, then that currency could float but drift
lower in value. If a Chinese Yuan were backed by an 8% cover clause, then it
could float with a higher drifted bias. If a new Euro Mark currency were
backed by a 5% cover clause, then it could float with an even keel. The
kicker could be the Gulf Dinar, which might be required for purchasing crude
oil. The varying cover clause could
act in the future monetary system backed by gold as a flexible system where
the major nations could alter their percentage in gold cover redemption in
much the same way they do nowadays with official interest rates. The many
major central banks could actually manage the gold supply in a responsible
manner, resorting to mundane duties like counting money and acquiring more
gold, rather than the present function where they oversee reckless monetary
expansion, control currency debasement, coordinate bond fraud, dispense
gigantic grants to the elite caste of banks, and conceal narcotics money
laundering.
See the March and April Hat Trick Letter reports for
a continued discussion of a potential
four currency system, all backed to some extent by gold. An extremely
important point on new currency offerings. The opportunity for a second
nation to launch a new hard asset currency is ripe when the first is
announced. There is strength in numbers when it comes to new currencies,
seeking the greatest critical mass. The odd men out would be the USDollar and
the British Pound, possibly the Swiss Franc. No doubt in my mind that Japan
would sign on with China to create a powerful and solid foundation for Asia.
The US and UK would be forced to compete with at least three new strong kids
on the FOREX block. The argument sometimes heard is that the Euro cannot
break up, the Germans cannot start a viable new Nordic Euro currency, since the new currency entry would be a sudden victim of
its own success. As it showed its strong foundation underpinnings, its exchange
rate would rise and rise, enough to put the German
export industry at great risk. True! But true only if the new Nordic Euro (or
Euro Mark) is the odd man out.
Supposing four
new currencies were launched, all hard asset currencies, in which the majority
of global trade was settled, then the argument has
big holes since the existing system would suddenly find itself outside
looking in. That is precisely what is in progress of occurring
in a system overhaul outside the US-UK sphere, after mammoth planning and
execution in the background, with Finnish assistance and big commitments from
Russia and China, the lead coordinator being Germany. The key is to produce a
new system quickly and responsibly, in a manner with strength and vitality,
that does not depend upon faith so much as substance. The Western leaders,
principally US, UK, and Switzerland, have amply demonstrated that they prefer
fraud and theft to leadership and integrity.
EUROPEAN
LIGHTNING HITS
Prepare for a simultaneous currency launch that will
shake the Western power structure to the core and cause financial tsunamis
from the grand tremors. The trigger
could very likely be the sudden collapse of key nations like France, Spain,
and Italy together as they reject austerity and push the bond market past the
limits. In my view the fuse has been lit. Their banking systems and bond
structures cannot withstand any more shock. The popular votes cast against
austerity and the present course could instead be regarded as a clear toilet
plunger pull, much like a popular uprising. The consensus
want no more elite banker bailouts and harsh neglect of the people. The upcoming Eastern SWIFT bank
transaction system is almost ready for prime time, its development in
progress. The Chinese will take the lead position, taking the flack, pushing
the process, which will not resemble the current SWIFT system in the flow
vehicle. The transition of political power in Beijing makes the timing
perfect. The Iran sanctions served to galvanize the anti-USDollar movement.
One source involved in the barter system design, at the fringe of the new
SWIFT system, reported that the Iran sanctions did them a great favor, by
bringing several newer nations to the planning room for integration in the
new global trade transaction system. DO NOT BE SURPRISED TO HEAR IT HAS A
GOLD FEATURE TO HANDLE THE TRADE. Rumors to the effect that the Chinese want
to implement a gold backed trade settlement system
outside the USDollar, have been confirmed by my great reliable indefatigable
source.
France will trigger the disruption process. Higher
deficits are coming, also to Spain. Both nations reject the austerity built
into budgets that clearly does not work. The next major challenge is to
finance government debt. Watch for higher bond yields on sovereign debt, the
signal for breakdown. The big new wrinkle is widespread rejection of
austerity budgets. The major victims
will be the big banks, which in my opinion will begin to topple quickly, and
require bailouts, even a full recapitalization overhaul, more
fuel for the gold bull. Already talk is loud in France over the potential
failure of Credit Agricole. The big bank could imminently fail. Its failure
seems an easier foreseen event than Lehman Brothers. The bond markets will
resist with fierce stubbornness any easy financing of expanding government
deficits. The bond traders are typically smart. They expect much larger
deficits immediately. They can see that the economies in recession will make
for a nearly impossible payback in debt, with certain larger deficits to
follow. Expect even grander central bank bond monetization as the process
accelerates. The truly stupid debate over QE3 is mind numbing in its empty
thought. The Quantitative Easing never stopped. What fools to debate! Like
arguing over a possible nasty rain session during an actual thunderstorm. The
QE will become a widely publicly recognized phenomenon. The impact will be
felt in gold demand, during an orchestra of monetary devaluations. Once again, another major wild card is
the bank system recapitalization, whose needs would be several $trillion.
It will made more urgent by the new wave of
socialists in power, namely in France and Spain. During all this, the
stifling MFGlobal effect has removed many legitimate players from the COMEX.
It will become an irrelevance, an empty stadium. Perhaps the new Asian
exchanges will thwart the Western influence (Rock & Roth gangsters) and
take up the slack to produce an honest risk hedge market with price discovery
brokering. The disintegration of COMEX, and
deterioration of USEconomy will be events for the ages. They already are.
GOLD READIES
FOR STORM
My firm belief is that a fair equitable gold price
will come only after the price goes dark in the normal traditional paper
dominated channels. For over a month, the gold market has been operating like
within the eye of a hurricane. At work is a new promising dynamic that most
in the gold community seem totally unaware of, without solid sourced
information. Repeatedly, my gold trader source, who has numerous billionaire
clients on three continents, informs that truly gigantic buy orders are
sitting between 1600 and 1680, spaced by 10 dollars apart, having greater
volume with each lower notched price in an inverted pyramid. The Eastern
Coalition is angry and motivated, fitted with well over $50 billion in a war
chest, determined to wreck the New York and London bankers and remove them
from their corrupt perch. Gigantic buy
orders are being filled, the victims being gold cartel member banks
themselves. They are highly vulnerable. They are strapped for cash, confirmed
by a separate source. They face margin calls on sovereign bonds of
Europe, compounded by some bad FOREX positions. To extract themselves from
the pinch of the margin calls, the cartel banks are being forced to sell out
their precious metals bullion held in reserve, in order to obtain desperately
needed cash. This is a new phenomenon, not seen a year ago, in a total
reversal used against them, since in the past, the
cartel used the same methods against client hedge funds.
THE GOLD PRICE WILL RISE ONLY WHEN THE EASTERN DEEP
POCKETS DECIDE THEY ARE CONTENT WITH THE MASSIVE GOLD RAIDS ON CARTEL GOLD
RESERVES, ONLY WHEN ENORMOUS VOLUMES OF ORDERS ARE FILLED AT LOW PRICES, THUS
DRAINING CARTEL MEMBER BANKS. The gold
price will not rise until the Eastern Coalition has had their fill in a
Western diet rich in gold on this round of the Groundhog Day cycle. The
last cycle ended in mid-January. This round lasted longer,
and involved much more gold taken from the cartel banks. They are badly and
soon mortally wounded. Witness the unraveling of abused leverage by the
cartel banks. In the process of de-leveraging, the cartel is losing their
gold bullion. They are vulnerable, made worse by their insolvency, aggravated
by their lack of liquidity. The paper gold price is imploding, but not the
physical price. The divergence between paper and physical gold markets is
proceeding exactly as previewed a few months ago. It is hard to see, because
the great majority of gold investors do not have access to details on
$billion gold orders being filled, who is supplying the gold, who is
demanding the gold, and the conditions relating to margin calls, complete
with motivated vengeance to deliver death blows in a global power struggle. Most
people cannot contact their favorite friendly gold trader with a Rolodex of
ten-figure clientele and request the latest battle won against a targeted
bank. History is being made, but behind big broad curtains.
Unfortunately, the Eastern gold raids waged against
the Western gold cartel might be satisfied with gold bullion pulled from the
back door of the GLD exchange traded fund. As the Eastern Coalition observes
the de-leverage process and swoops to exploit the insolvent condition
compounded by lack of liquidity, the demands made on cartel member gold
reserves might come from the GLD fund itself. The cartel simply shorts the
GLD stock, entitling themselves to vast truckloads of GLD gold bars in
illicit grabs. The tracks are covered by altered bar lists, whose track
record is so abysmal and faulty that new covered tracks are easily made. The
GLD fund is destined for a day like Madoff and Corzine before the Congress,
but with far more lawsuits. Given the vast conduits between Europe and the
United States, any event triggered on the continent will extend quickly to
the US and UK.
The first victim was UBS, stripped of their gold
last summer. A hint was given that the next victim might be Deutsche Bank. My
other guess is a London player like Barclays is being stripped of its gold,
or a big US bank turned timid after the MFGlobal attention. Major players are falling victim to the
global financial crisis, better described as the global monetary war in which
the USDollar and its USTreasury trading vehicle are the weapons of mass
destruction. The race is on to replace them. The Chinese and their allies
are the Team East in charge of overturning the current power structure
dominated by gold story propaganda, mortgage bond fraud, hidden USTBond
monetization, diverse market interference, private account theft, chronic
naked futures shorting, controlled regulator puppets, rifled allocated gold
accounts, salted gold bars, expansive derivative schemes, abuse of leverage,
and numerous $trillion role programs conducted by the USDept Treasury and the
Bank of England.
The new monetary platform will have many aspects,
such as a vertically structured barter system, a handful of hard asset
currencies, and potentially an element of gold in trade settlement. The role
of gold in trade settlement is taking shape, a movement which will turn the
USDollar into a widely discarded toxic paper, a ticket to the Third World.
These are exciting times, if one can avoid the traps and pitfalls, including
hooligans bearing USGovt badges offered bounty working against enemies of the
state (without definition).
Jim Willie CB, editor of the “HAT TRICK LETTER”
home: Golden Jackass website
subscribe: Hat Trick Letter
Use the above link to subscribe to the paid research
reports, which include coverage of critically important factors at work
during the ongoing panicky attempt to sustain an unsustainable system
burdened by numerous imbalances aggravated by global village forces. An historically unprecedented mess has been created by
compromised central bankers and inept economic advisors, whose interference
has irreversibly altered and damaged the world financial system, urgently
pushed after the removed anchor of money to gold. Analysis features Gold,
Crude Oil, USDollar, Treasury bonds, and inter-market dynamics with the US
Economy and US Federal Reserve monetary policy.
From subscribers and readers:
At least 30 recently on correct forecasts regarding
the bailout parade, numerous nationalization deals such as for Fannie Mae and
the grand Mortgage Rescue.
"Your monthly reports are at the top of my list for importance,
nothing else coming close. You are the one resource I can NOT do without! You
have helped me and countless others to successfully navigate the most
treacherous times one can possibly imagine. Making
life altering decisions during tough times means you must have all the
information available with direct bearing on the decision. Jim Willie gives
you ALL the needed information, a
highly critical difference. You cant afford to be wrong in today's world."
(BrentT in
North Carolina)
"You have warned
over and over since Fall of 2009 that Europe would come apart and it sure
looks like exactly that is happening. You have warned continually about the
COMEX and now the entire CME seems to be unraveling. You must receive a lot
of criticism regarding your analysis, trashing the man, without debate. Your
work is appreciated. I do not care how politically incorrect or how impolite
your style is. What is happening to our economy and financial system is neither politically correct or polite."
(DanC in Washington)
"The best
money I spend. Your service is the biggest bang for the buck."
(DaveJ in Michigan)
"As the
nation screams down the mountain out of control into the abyss, it is good to
have a guide. Jim Willie helps to understand what is happening and more
important, why. With that information, you can make the right decisions to
protect yourself from the current apocalyptic catastrophe. Forget the MSM
propaganda. Here is offered good in-depth actionable reports that are the
most insightful and valuable."
(AlanS in New Mexico)
Jim Willie CB is a statistical analyst in marketing
research and retail forecasting. He holds a PhD in Statistics. His career has
stretched over 25 years. He aspires to thrive in the financial editor world,
unencumbered by the limitations of economic credentials. Visit his free
website to find articles from topflight authors at www.GoldenJackass.com. For personal
questions about subscriptions, contact him at JimWillieCB@aol.com
|
|