QE Death Sentence & US T-Bond Black Hole

August 9, 2015

Rather than stimulus, the USFed's Quantitative Easing is a death sentence for the USDollar. It might provide an ongoing backdoor bailout opportunity for Wall Street banks, and even a window for China to switch from long dated to short dated USTreasurys, but QE is death sentence. It guarantees that the USDollar will be removed from the global premises and placed in the dustbin of history. Foreign banking systems are largely devoted to USTBonds as the foundation for their entire reserves system. The African type of hyper monetary inflation blessed as good and fine stimulus is a sentinel signal by the US Federal Reserve itself, given to the Eastern producing nations who save in the $billions. They will start a caravan to exit the USDollar in their banking systems. They have great challenges in doing so, and must follow a prescribed path. That path is the Chinese RMB as an intermediary device, a transition tool. The goal is the return of the Gold Trade Standard, which will assure the return to the Gold Currency Standard and the Gold Banking Standard. The absent solution to the chronic global financial crisis has been the refusal to put Gold at the apex. Instead, the big banks have become zombies, the economies have become sclerotic, the financial structure have been control rooms, the bond platforms have been fracturing, while the USGovt has relied upon bond fraud, gold thefts, the printing press, and predatory wars to defend the King Dollar regime. It is due for the funeral pyre.

QE FACTORS

The QE initiatives are backfiring, adding incentive to the financial markets in a sick distorted manner, but at the same time killing the USEconomy from capital destruction. It has an equally destructive macro effect on the global economy. The USD is wrecking the world economic and financial system, even while the Petro-Dollar delivers equally powerful blows from its dismantling to the contract net foundation. The macro effect from QE is seen in hedging against the USD which is subjected to the African monetary policy. To praise it as adaptive and effective is intellectually criminal and abominable. Ironic that the White House has an African resident, and the USFed has an African monetary policy, and the USMilitary has hidden interests at the African Horn in Djibouti. But the Chinese have an African gold connection through Congo to Dubai and Hong Kong in return through the lower route on the distress road. The macro QE effect urges Eastern nations to divest USTreasury Bonds in favor of Gold bullion, mineral deposits, even energy deposits. The higher cost structure has killed working capital and put it on the sidelines, the retired capital concept that escapes the view of Western economists, mostly hacks and banker pimps. The Eastern nations also have embarked in numerous large capital projects, often called infrastucture deals. It is all hedging, diversifying, abandoning, done in preparation.

At the micro level, the continued Zero Interest Rate Policy (ZIRP) exerts a powerful force toward killing the USEconomy from the street level. It assures and delivers an inadequate income for pensions and insurance firms. The 0% rate has been in place since 2009, when the public was told it would be temporary. The Jackass warned it would be permanent. Pensions cannot meet their obligations any longer, and have resorted to selling their core holding assets, often called their nut. Not a single corporate or state pension fund has avoided serious problems. Insurance firms are more sprawling in their structure. They cannot meet their obligations any longer, and have resorted to selling their core holding assets, their nut. These are the strong detrimental micro effects on financial structures. The hundreds of thousands of private savers (like my father) have $billions stuck in bank certificates which earn paltry sums, unless they are old from the last decade or earlier. Worse, many banks forced older CD holders to convert to newer versions at much lower rates, using the contract fine print (font 4). In addition, the zero bound rate has resulted in harmful effects to entire financial market pricing and allocation of assets.

BLACK HOLE & FINANCIAL PHYSICS

The USTreasury Bond market should be viewed as a grand black hole. It is the last asset bubble before USGovt debt default with restructure. Many observers of financial markets believed the US housing market was the final asset bubble. The Jackass warned several years ago, that NO, the last great asset bubble would be the grand USTreasury Bond market. Enter financial physics and truly powerful forces. The USTreasury Bond is acting like a gigantic financial black hole. All other bonds are being forsaken in order to hold the sovereign bond from the protected exceptional nation, in addition to many foreign currencies being forsaken in order to hold the USDollar in safety. The USTBond black hole draws in global funds with a powerful deceptive force. The QE is enforced while US$-based financial markets are supported with other grand magnificent bubbles like the US Stock market. The images below of the astronomical black hole and financial black hole are stark. The financial version also resembles a storm drain.

The black hole is made evident in the movement of other bond types. The corporate bonds are being sold in weak markets, in favor of moving the funds into the perceived safer USTBonds. The high yield corporate bonds (aka junk bonds) are in near ruins. The panicky sellers are moving the funds into the perceived safer USTBonds in a torrent. Foreign nations are moving their weaker currencies into the supposedly safer USTBonds also. The dismantled Petro-Dollar derivatives are forcing redemption of the huge contracts in USDollar terms, thus providing an artificial demand for USDollars at a time of weakness in foreign national economies. The Emerging Market nations have slower demand from the broken Western consumer economies. The foreign financial firms and corporate entities are moving funds into the supposedly safer USDollar, adding to the decline of their native currencies. A vicious cycle has emerged, where financial factors related to the Petro-Dollar collapse push up the USD exchange rate, while foreign nations dump their own currencies in favor of the deeply damaged decaying USDollar which can only be described as toxic with an African basis of integrity. Conclude that a wide variety of economic capital is being attracted into USTreasury Bonds. It is a black hole, the climax of the Fascist Business Model which puts emphasis on the big banks. They never faced the consequence of their criminality in bond fraud, contract fraud, counterfeit fraud, and even murder to silence those who could report on the derivative losses, the Maastricht violations, and the dirty Russian money. The nexus of most crime has been London and New York. Vast bank liquidations will accompany the GLOBAL RESET, thus its resistance.

BROKEN USTREASURY BOND MARKET STRUCTURE

To be sure, money is rapidly fleeing from capital usage and devotion. It goes into USTreasury Bonds. Think of its as an African warehouse with structural integrity problems of the worst possible kind. The QE programs and initiatives have taken a heavy toll. They have been in place since 2012, when the public was told it would be temporary. The Jackass warned it would be permanent. Many are the broken structural elements of the USTBond market. To begin with, its trading volume is down by a whopping 60% in the last two years or less. The result has been more bond market volatility. Such sensitivity has extended to the German Bund market as well, where they have an opposite problem of inadequate debt to form new bond securities on the supply side. With the eerie Euro Central Bank bond purchase program in place, the result has been the Bunds flirting with negative bond yields due to high demand and low supply. The Germans need to shape up and produce more debt like the expert Americans.

The more pervasive and visible fracture feature of the broken bond market is the general negative bank rates offered across the Western world. The chief violators are the biggest banks. A ripe 22 nations were recently cited to sport negative bank rates. Apparently too much economic capital has been liquidated, no longer functioning within the corporate business sectors, and the banks do not want the excess funds. Besides, the big banks cannot make money lending anymore, since very few viable borrowers exist in the horrendous business climate. If negative bank rates do not awaken the sleepy, dopey, dullard, self-deluded, and badly educated masses, nothing will. "Hello my name is Mike, and I want to pay your corrupt broken insolvent bank to hold my money in an account, which is considered an unsecure credit which you can seize at your whim." Yeah yeah, like that!!! (totally insane, far from normal)

Many are the broken pieces in the USTreasury Bond market. It is a gigantic bubble, the biggest in modern history. Given the dominant USFed presence, the legitimate buyers and investors have been driven out. No prudent strategy would have bonds invested in instruments supported by Third World hyper monetary inflation policy, even if deemed wondrous, even if blessed as stimulus, even if pronounced as good. The major bond investors have long ago sold out to the USFed, which has accumulated a $4.8 trillion heaping pile of toxic paper that nobody wants. The USFed has become the USTBond market, the buyers long gone. The value of a toxic paper mache monster pig pile is spurious, probably zero. When burned down to its base elements, it will show paper ash, ink, and metal filaments, nothing more. Consider some broken pieces.

The REPO market flirts with negative rates. Medium and large sized companies use the REPO window to lend USTreasury Bills typically, and some high rated corporate bonds, in return for short-term loans. Imagine IBM or Walmart trading $1 billion in USTBills for a 3-week loan. Too many such short-term funding loans have come to the Fed's REPO window, leading them to reduce the rate offered into negative territory at times. The companies must pay for the privilege. Call it the flirt with negative.

The Dollar Swap window is another important feature of brokenness. Medium and large sized foreign banks and financial firms use the Dollar Swap facility (much larger than a mere window) to complete large loans. The window gained much attention in late 2011 when it became known that the Trichet Euro Central Bank had borrowed $2.3 trillion in order to keep the damaged big European banks afloat after the PIGS sovereign debt wrecked their banking systems. In the past year, the big factor has been redemption of broken derivatives. The two major types are the Petro-Dollar and the Interest Rate Swap contracts. Imagine Societe Generale in France or a large German bank being forced to redeem a few contracts in the $10 billion range. They appeal to the USFed, the grand counterfeiter and creator of fake money, to provide the funds from the controlled spigot. The big Euro banks pay a trifling fee to borrow. The contracts are liquidated, and the USDollar exchange rate is pushed up. Too many such oversized emergency funding facilities have come to the Fed's Dollar Swap door, leading them to reduce rates. They flirt with negative rates also.

QE ABUSE & STEEPED LIES

The abuse is laced all through the USTreasury Bond market. To begin with, JPMorgan is on the hot seat, the center of some unwanted attention since it has become known that the venerable crime syndicate hive had sold over twice the total USGovt bond issuance in its worldwide offices. At one point in 2013, the Jackass came to learn that from past data, almost $4.5 trillion in USTBonds were sold by JPMorgue when only $2.2 trillion had been issued formally. Some foreign nations like Italy had been caught using each sovereign bond serial number twice in sales. These big banks never pay for their crimes, as they repeat them in other forms. Since JPM is the official USFed market agent, no consequence in criminal charges.

Focus on the Reverse REPO, which is highly innovative from two angles. Normally the USFed requires collateral to be placed at the REPO window, as cited above from companies seeking cash infusions on a temporary basis. Sometimes the USFed announces a ripe volume of Reverse REPO infusions into the system. They occasionally attract bad attention, but it wanes with the next fiction on strong markets and recovering economies, or even debate among fools who anticipate official rate hikes. The USFed uses the Reverse REPO to hide some of its QE volume. It is concealed QE volume, part of the biggest lie in US financial history since the USFed has generated multiple $trillions in hidden channel support. The key is no collateral placed on the opposite side of the window. It is neither stimulus nor minor in volume. The central bank helm is managing a gigantic volume, hidden in numerous ways. The John Q Public is none the wiser, reading the controlled fiction in financial press publications.

The related other side of the table features the Failures to Deliver on USTreasury Bonds. The Wall Street Journal and New York Times report on the phenomenon, but quickly move off the topic. To have a significant figure of undelivered USTBonds speaks of more deep criminality. It indicates counterfeit or naked shorting by Wall Street banks. They have found a way to bring in liquidity to their broken insolvent big banks, selling USTBonds they do not own, receiving the funds into the corporate treasuries, improving handsomely their cash flow, never to deliver on the product. The buyer is none other than the US Federal Reserve, which does not force prosecution for counterfeit or bond fraud from its vassal bank accomplices in the crime of counterfeit. The result is a fancy pants infusion of big $billions into the Wall Street banks with no costs associated. One must wonder how they hide the funds within their balance sheets, 10-Q filings, and quarterly statements. Probably they do so by mixing it in with their ample busy narco funds.

The USFed has been also concealing its QE volume by export. They have arranged since 2012 to create a group of secondary nations for second sourcing gigantic USTreasury Bond purchases. The source of funds is both Dollar Swaps for the USFed to buy USTBonds at arm's length in Europe, but also dumped Chinese USTBonds from their reserves. Some Russian held USTBonds might also be in the mix. The nations are the BLICS nations, namely Belgium, Luxembourg, Ireland, Cayman, and Switzerland. The latter is not a small nation, but probably helps to manage the slush funds from the Basel hive. The Belgium location is important as seat of the European Commission and Parliament. The BLICS have invested in over $800 billion in USTBonds since mid-2012, almost equal to the USFed itself on its stated (lies for sure) QE volume. The official USFed understates the true QE volume by at least two-fold. Add in the derivative contract coverage, and the Jackass believes the true QE volume is perhaps 10x to 30x greater.

The last item to mention is not exactly abuse within the USTBond market, but an embarrassing backflow that must be hidden in its coverage. Several large nations, primarily China and Russia, are using USTBonds and USTBills as payment in large contract deals, such as big infrastructure projects and big asset purchases. They use third party funds to complete the payment within large deals. Like China funding a project in Nigeria for energy facilities, port facilities, railways, even community centers with schools and hospitals. They fund the project with USTreasurys. The practice is called Indirect Exchange, done to facilitate large asset purchases and giant payments. The USFed must soak up the volume, not give it publicity, and do so without altering its lies on the true QE volume data.

EFFECT OF NARCOTICS AS WEAPON

Probably the most perverse element of the USDollar financial system is the role played by narcotics. The United Nations drug task force identified the New York money center banks as surviving the aftermath of the Lehman failure in 2008, only due to the heavy flow of narco trafficking money. The UN issued two separate reports, which incited anger in Washington. It kept the big banks afloat during a difficult time. Surely the share holders are pleased, since the same criminal bankers duped the USCongress into granting them $700 billion extra in funds to assist their criminal enterprise. The role of narcotics, in the Jackass view, is critical in far deeper political purpose. The heroin and cocaine profits from the wildly successful Afghan enterprise, which has produced an average of 1300 to 1400 tons of heroin annually, are critical in bribery toward both the New World Order and the continued loyalty to the USDollar system. The profits are astronomical, like between $800 billion and $1.2 trillion each and every year since 2010-2011 when the peak industrial output was realized from the vertically integrated industrial engineering project led by Langley. The USGovt backs the business by covering the costs within the Defense budget. It is a brilliant business model. They can buy a lot of governments with such large funds. For example, a nation like Ecuador or Bolivia might be tempted to depart the USD regime. But with bribery to its lead bankers and political figures, the devotion continues with the USD regime. Their national leaders in effect betray their populace, and assure their economies a death event alongside the USDollar. They do not embark on gold-based systems instead, which would assure their survival during the Great Reset.

The forced allegiance to USDollar will result in individual national failures, flames of price inflation, deep pockets of supply shortages, and nasty civil disorder just like what is seen in Venezuela today. As for the US home front, it was estimated that the growth in heroin volumes from Afghan sources on US city streets has risen 10-fold since year 2000. Conclude the false cause for war in Afghanistan has fooled the majority of Americans, and led to a massive drug problem domestically. The movement to the NWO and global fascist state is well along, possibly to be interrupted or intervened by the imposition and return of the Gold Standard. Not only does gold detract from bond fraud and financial criminality to the extreme, but gold is a democratic tool to ensure liberty and protection from fascism. The Western elite bankers have found themselves on the extreme defensive lately, their plans thwarted.

MICRO VERSUS MACRO ECONOMIC FACTORS

The teacher behind the Jackass chooses to take a brief moment to explain the severe consequences of seeking a limited low cost solution by outsourcing labor at the micro level. The entire movement to outsource labor to the Pacific Rim in the 1980 decade, then later to the Chinese Mainland in the 2000 decade, has been a principal cause in the economic deterioration and degradation of the West. It has lost much of its industrial base and source of tangible income (like from work, not gambing). Notice that Germany resisted the outsource movement, made some labor union sacrifices, and has continued to thrive. Spain has outsourced its heart and soul industrially, and will surely fail as a nation. The individual corporations do indeed lower their labor and unit product cost. However, they sometimes have quality control problems, especially with Indian software for example, for which the Jackass has personal stories to draw upon. The added shipping cost offsets the benefit to labor cost reductions. Outsourced labor is an obscenity. Sometimes the benefit is fleeting or non-existent. The main point to make is that by outsourcing labor, a nation puts it entire industrial base at risk, and forfeits the related labor income. Germany did not, by only reducing it slightly in adjustment via compromise, not without a struggle. The United States lacks an adequate industrial base now, as do many other countries like Spain. Such nations are set to enter failure.

The USFed stimulus of 0% has failed to generate any kickstart to the USEconomy, as seen many times in the past. The Jackass forecast back in 2009 that the ZIRP zero bound would encourage capital investment in foreign nations by US-based corporations, and would not stimulate the USEconomy into any recovery whatsoever. That forecast has turned out true, sadly but predictably, except to the morons who operate as economists educated in the United States. Better to describe them as mis-educated fools and banker pimps. As the Jackass bio describes, "unencumbered by the limitations of economic credentials" is emphasized. The outsourced labor resulted in fleeting temporary gains to US corporations, and placed the US nation at high risk of systemic failure from lost forfeited income. It removed the potential for low interest rate stimulus on CAPEX surges and job growth. All USGovt stimulus programs simply put money in the hands of consumers, resulting in no tangible improvement to the industrial or business base. The outsourcing is a national travesty and deep betrayal of the labor class workers. All trade unions like NAFTA and soon possibly TPP & TTIP will betray the workers again, pushing the US nation further into the long slide into the Third World. The lock for entry to the 3W is the loss of the USDollar as global reserve currency. That loss will force the US to stand with a currency on its own merits, as in NONE!!

PSYCHOLOGICAL FACTORS AT WORK

A sideline pastime has been to study the many psychological factors that the people are subjected to, even actively deployed or subconsciously applied. Mentioned have been a) building frameworks of false assumption beliefs, b) building secure and safe systems to derive comfort, c) refusing to accept broad conspiracy evidence despite their overpowering volume, d) adopting a complacent attitude since business and family roots exist in the homeland, e) choosing not to fight the mainstream and to stick out as a rebel or even a revolutionary, f) identifying with the captors in their exploitation in a cooperative manner, and g) believing that the US nation is under external attack. The effects are as profound as they are troublesome. Many clients and followers have written to share of similar experiences with family and friends. They are difficult to convince, even with formidable evidence presented. The Jackass has coined the term Macro Stockholm Syndrome as factor #F in identifying with the captors in control who hold the weapons. The attacks on the US nation are primarily executed by Langley and the USGovt security agencies, who wish to install a fascist police state. Their efforts are 80% complete.

The Jackass advises not to spend too much time or energy convincing people who touch our lives. To be sure, spend some time, but after a certain threshold the time and effort is wasted. It can even be counter-productive. The people will defend their false positions more vociferously. The people will ostracize the rebel who sees it all too clearly. The effort itself wears down the person dedicated to intellectual pursuit and dedication toward good. My advice is not to worry about the ignorant and those in denial. These are very complex psychological factors at work. By presenting your case, you are disturbing their comfort zones. Let them have their faces ripped off. Let them lose their life savings. Let them face the slaughter house despite their compliance. Let them take up residence in a FEMA Camp. Let them take the infected virus vaccines. Let them have the RFID chip placed in their arms. Let them be subjected to strip searches at airports, and be exposed to radiation. Let them breathe the chemtrail toxic air. Let them drink the fracked ground water. Let them live in the California drought zone. Let them have their large savings accounts and CDs located in the big banks depleted by bail-in confiscations. Let them be tracked like farm animals with chips in passports, credit cards, and drivers licenses. The most fascinating aspect to the psychological factors in my view is not just for denial of the collapse in progress before their eyes, but the acceptance of the technological aids to make our life more cozy and convenient like a big family. Refer to the credit card chips, the convenience cards, the ID registries, the social networks like FaceBook and Google Plus, and the shared networks of personal data to aid in shopping pleasure. These are willing subjects to the fascist state.

The psychological factors will continue to be the subject of Jackass sideline observation. My personal disconnect with family and friends began in 2010 after several intense arguments. Let them go, that is the motto lived by. My personal peace of mind and freedom of thought is more important to maintain than to try to convince 5 others after failing with 95. That is roughly the estimated perceived rate of convincing the sheeple, a mere 5% success rate. Not worth my time anymore, as it is too late in the game.

Another key phenomenon to keep in mind is that the ignorance for the tragic fall into fascism and the creeping Big Brother state and the denial of conspiracy cut across all groups. The denial cuts across all age groups, all work sectors, and all education segments. Young, middle aged, and elderly all share the disease of denial laced with ignorance and laziness. Blue collar, white collar, and those in training all share the disease of denial laced with ignorance and laziness. Uneducated, secondary educated, college educated, and professionally educated all share the disease of denial laced with ignorance and laziness. The ignorance of Americans on matters of capital, money, fascism, and economics is astonishing. Witness the dumbing down of America, which as certain definable roots in the badly educated economics programs in universities. My brother has a Phi Beta Kappa Economics degree from a major university, yet knows nothing of gold, nor harbors any interest in gold, and has no curiosity of banker corruption or narco money effects. It is sad, but they must be let go, so as not to endanger the loyal Gold Sound Money advocate. The key wake-up call might be the bail-in bank account losses, or the installation of RFID chips on the upper left arms of the people. Not only do they enable fascist state monitors, but they cause cancer to the human body.

NEW SCHEISS DOLLAR & GOLD TRADE STANDARD

The big landmark event last week was the Intl Monetary Fund decided to delay entry of the Chinese RMB currency into their Special Drawing Rights basket of currencies. The reasons proffered were likely all insincere and misdirected, as the corrupt Western stink agency IMF cited the RMB as not ready for inclusion. More truthfully, the big banks did not want the competition to the major FOREX currencies and diversification out of USTreasurys. It was a clear betrayal of China. In response, expect China to hasten its efforts to dislocate the USDollar from its perch in trade and banking. Expect extreme pressures to accelerate the increasing required usage of Chinese RMB in trade settlement. In the last two years, there has been a fast rise in US-based corporations being forced to settle in RMB to Asian suppliers for shipments of finished products. This comes after years of more widespread usage of Yuan Swap Facilities for bilateral trade between nations with China. Expect a sharp step toward coercing the Saudis to accept RMB currency in oil shipments, a movement sure to spread to all Gulf Emirate nations, then to all OPEC nations. The oil card is the flash point.

In time, expect an eventual refusal by Eastern manufacturing nations to accept USTreasury Bills in payment. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard. The violations are:

  • to import finished goods and crude commodities, paying with IOU coupons
  • to commit multi-$trillion bond fraud in its big banks, done without legal prosecution
  • to do QE bond purchases in applied hyper monetary inflation, monetizing debt
  • to rig all major financial markets in favor of the primal USDollar
  • to engage in numerous regional wars to support the USDollar.

The key step upcoming is the Gulf Emirates soon to accept RMB for oil payment from all Eastern & Asian countries, the major flash point. Such event will sound the global alarm. Coupled with broadbased RMB trade settlement and more purchase of Chinese Govt debt securities, the movement will be on to finally initiate the grand dump of USTreasurys from Eastern banking systems. The result will be then a forced reaction by USFed and USDept Treasury to launch the New Scheisse Dollar, which will at the outset have a phony gold foundation. A formal international audit process will break down the fraudulent basis, and lead to a series of painful New Dollar devaluations. Then comes the import price inflation, the supply shortages, and the civil disorder. The New Scheisse Dollar will have a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports. The USMilitary threats will not work much longer. The US must accommodate with the New Scheisse Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax).

The Gold price will find its true value and price over $10,000 per ounce. The Silver price will find its true value and price over $400 per ounce. In reaching these levels, the ratio will return to the 25-1 range. Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals. The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power. The steps will each involve a quantum jump in the Gold & Silver prices. The process will take a few years, but might be breath-taking in speed once the process is begun. The steps involve:

  • the critical mass of rejected USTBills in trade settlement, citing its corrupt roots and illicit monetary policy as foundation
  • the return to the Gold Trade Standard and introduction of Gold Trade Notes as letters of credit, in replacement for a fair tangible payment system (no more IOU coupons)
  • the recapitalization of the global banking system with Gold as primary reserve asset, so as to relieve the grotesque stagnation, insolvency, and dysfunction
  • the seeking of equilibrium in Supply vs Demand in the new fair uninhibited market, with exclusive control removed from London and New York, and placed elsewhere like in Shanghai, Hong Kong, Dubai, and Singapore.
  • the seeding of BRICS gold & silver backed currencies from participating nations within the Alliance (likely several with slight variation in features)
  • the re-opening of the gold mine industry with some blue sky, and relief from the Evergreen element at Barrick
  • the remedy toward owners of over 40,000 tons of rehypothecated and stolen gold in bullion banks across the world (primarily in Switzerland.

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Jim Willie

Jim Willie

Jim Willie CB, also known as the “Golden Jackass”, is an insightful and forward-thinking writer and analyst of today's events, the economy and markets. In 2004 he launched the popular website http://www.goldenjackass.com that offers his articles of original “out of the box” thinking as well as content from top analysts and authors. He also has a popular and affordable subscription-based newsletter service, The Hat Trick Letter, which you can learn more about here.  

Jim Willie Background

Jim Willie has experience in three fields of statistical practice during 23 industry years after earning a Statistics PhD at Carnegie Mellon University. The career began at Digital Equipment Corp in Metro Boston, where two positions involved quality control procedures used worldwide and marketing research for the computer industry. An engineering spec was authored, and my group worked through a transition with UNIX. The next post was at Staples HQ in Metro Boston, where work focused on forecasting and sales analysis for their retail business amidst tremendous growth.

Jim's career continues to make waves in the financial editorial world, free from the limitations of economic credentials.

Jim is gifted with an extremely oversized brain as is evidenced by his bio picture. The output of that brain can be found in his articles below, and on the Silver-Phoenix500 website, on his own website, and other well-known financial websites worldwide.

For personal questions about subscriptions, contact Jim Willie at [email protected]

 


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