Dec
5
Exclusive Interview – Jim Willie: “The Public Will Not Wake Up Until At Least One Million Private Accounts Are Stolen”
December 5, 2011 | By Tekoa Da Silva | 23 Comments
I had the chance to speak with the “Golden Jackass” this afternoon out of Costa Rica, namely, Jim Willie, publisher of the Hat Trick Letter. It was a riveting interview, as Jim’s global information and news sources paint a blackening financial future for participants in the Western financial system.
According to Jim, US & European investors are at incredible risk. “The entire financial system of the Western world is imploding,” said Jim. “There is exponentially rising risks for individuals and their money…the risk right now–is people losing their entire life savings. I cannot seem to get people to understand this”
As we began discussing the MF Global collapse, Jim articulated his belief in a financial slight-of hand originating from “notice to deliver” requests for gold and silver submitted through MF before the collapse, which had the potential to cause a Comex delivery default. “Comex was ready to default on gold and silver in November, and rather than honor the notices for delivery, JP Morgan stole the funds in the accounts that were calling for delivery…notices for delivery were replaced by stolen accounts.” The evidence of this according to Jim is that, “JPM increased the amount of silver in their registered vaults by precisely the amount that was suppose to be delivered…JPM effectively averted both a Comex default and a European Sovereign Debt implosion.”
Before closing Jim provided a stark warning, saying, “Several million private accounts may vanish–Brokerage accounts, Pension funds, Mutual funds, they’re all at risk. We are getting into the middle stages of implosion, where I believe the public will not wake up until at least one million private accounts are stolen, and completely vanish.“
This was a truly sobering interview, and given the real losses borne by MF Global account holders in the past month, Jim’s comments cannot be taken lightly.
To listen to the interview, left click the following link and/or right click and “save target as” or “save link as” to to your desktop:
Interview also posted to our YouTube Channel
To learn more about Jim and the Hat Trick Letter, visit: GoldenJackass.com
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Thanks,
Tekoa
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The house of cards will fall when the last debtor can no longer pay . . . and then we will see Mad Max in the Western World.
woulda coulda shoulda been at $50 and beyond, blah blah blah. the fact is it isn’t. these guys along with eric sprott are all snake oil salesmen. don’t believe anything they say. do your own research and invest wisely. imagine all the poor folk who took their advice and bought silver at 40, 45, 49 dollars. never trust anyone who has something to sell. be your own man or woman.
Actually I think the public will only come to their senses when between 90 and 99 percent of them have been ripped off by the system and then may be.
Then the penny will drop and a max max world or worse could be a reality. The basic iron clad truth about the world of finance, politics and every thing that goes with it is that it is a rigged game controlled by gangsters. The only thing that can change that is hot lead and cold steel. The rule of law and voting will never change the system or get rid of gangsters as all these things are controlled by gangsters. There is no changing the system from with in! Those that try will be marginalized, assimulated or eliminated.
I’ve bought silver at $48.50 and I’ve bought it at $4.50. Listening to these stooges whining about $10,000 bets & snake oil salesmen, I hear nothing but B.S. propaganda. Let’s examine credibility here briefly. I’m getting rich listening to gurus like Jim Willie, who may be a year late & a dollar short. My silver investment is running rings around MF Global accounts. And then we have the establishments credibility, magic bullets, WTC7, Iran Contra. LMFOA still stacking & packing!!!
LMFAO the smoker you drink the player you get
2 Questions for nonbelievers:
What would the price of silver/gold if JPM and others were not allowed to short it while at the same time aquire physical deposits?
What would happen to the price of silver/gold if instead of fiat currency, workers were required to be paid in the precious metal on payday?
I think anyone could guess the answer to these simple questions and we would ultimately find the true market value of hard currency and the ethereal value of electronic currency.
What makes you think some of us have any
savings to lose? I am a disabled Vietnam
Veteran. I live check to check on my Social
Security. When the banks fail….I am all done!
Wow. Thank you for sharing the other side Nam Marine. What a disaster of a financial arrangement the country has put itself in…
@Nam Marine,
I’ve been designated “disabled” as well and extremely worried about my future, too. I’ve been scaring (or boring) the people around the internet, looking for a bits of suggestions or big ones now. I’ve thought about starting a financial website for us gimps, but I don’t know why they don’t seem to allow that. Been locked out of most of those websites. Anyways, I would like to share survival info if you want.
I hope to remember to look back to see if you’re still here. Thanks!
While we worry about whats to come.They are preparing for our detainment.
cant eat gold or silver…
but most people wont care or pay attention as long as they get a check..until it hits their wallets, its business as usual and bury their heads in the sand..
LOVE Jim… he is consistently on the ball with his calls… and has been for years. Looks like the propoganda shills are coming out to party ex. ‘Mike Long’? LOL couldn’t they think of a better name than that? How about ‘Steve Short?’ or better yet ‘Morgan Short’… keep up the good work Jim… and Tekoa.
“cant eat gold or silver…”
This has to be one of the all time dumbest comments on the Internet. Can’t eat it, huh? Well, so what? There are a LOT of really useful things in life that are not food. My truck is VERY useful to me but, you’re right, I can’t eat it. Nor would I want to. But by using it, I CAN eat. Same with gold and silver. Both have beat the living cr@p out of the “stuck market” for the past 11 years, so any money invested in PMs has done very well for more than a decade. Seen any signs of intelligence in DC lately that will radically change what has been happening in the US financial markets? I haven’t and will be happy to keep some of my money in those inedible metals. If you don’t that’s fine and no problem… for me, anyway. >:-]
“can’t eat gold or silver…”
Can’t eat paper money.
Can’t eat stocks.
Can’t eat bonds.
Can’t eat 401Ks.
Can’t eat IRAs.
Can’t eat anything but food.So we should only put our money in FOOD??
I’ll run right out to the store and buy a dozen eggs right now for my retirement.
LOL @ ernie
@ ernie
Those dozen eggs would be a great start to your nest egg. OK, if, and that’s a big “if”, if I had any precious metals, I would not try to fry them or boil them. I would simply use them to buy things that I can eat. Kinda like money, huh? Imagine that. Thanks for your patience. You must have wanted to use stronger words on the wise idiot.
I think that the point is, IF you have money to invest, then you should invest some money into PMs, IF you can afford it. However, for the people who have been forced to depend on the government – there should be a little more.
Maybe yous all would like us to disappear, then who will be the poor or the elderly? It doesn’t take much to think of solutions for others, rather than yourself every single minute of the day. If this trend continues, you’ll have more to worry about than your stack of PMs.
Return to your narcissisism, please. Nothing to see here.
Jim willie is too biased and cant see that a drop in comming. How can people listen to a person who consistenly gets it wrong and then blames it on some conspiracy… Jim remember your summer letter where you were saying the dollar was going to drop and silver was ready to strike above 50 by autumn… wonder how many subscribers signed up out of giddiness from your bs.
I love listening to Jim. His professional training allows him much more insight into the machinations of the banking system than I have; he clearly is NOT doing this as a way to sell us anything other than perhaps a subscription to his service. But he also posts a lot of great information for FREE, information which is extremely enlightening, and if you bother to check, has been extremely ACCURATE.
I don’t blame Jim because the bad guys are still able to drive the price of silver and gold down . . . they control the government and thus are above the law, and are being given (for all practical purposes) the *unlimited* financial backing of the Fed and Treasury Dept (here, have another trillion).
In other words, it was reasonable for Jim (and others)to assume that the COMEX would collapse (causing precious metal prices to go ballistic), but it was not reasonable to assume that this collapse would be prevented through the outright theft of segregated investor accounts, and that the thieves would seem to be above the so-called law.
I think the breaking point we have been looking for has been predicated upon the believe that some form of a functioning legal system would still exist to bring it about. I am not so sure we can count on that now.
“john on December 14, 2011 10:34 pm
Jim willie is too biased and cant see that a drop in comming. How can people listen to a person who consistenly gets it wrong and then blames it on some conspiracy… Jim remember your summer letter where you were saying the dollar was going to drop and silver was ready to strike above 50 by autumn… wonder how many subscribers signed up out of giddiness from your bs.”
He gets it fairly consistently correct, in point of fact. No one has a crystal ball….all one can do is make an educated guess…and he does so quite well.
With the recent drop of gold from it’s high in September of @ $1890 to the current of @ $1650….gold is still up almost 30% for the year: Willie said buy gold…what did you say?
Silver, from it’s high of @ $50 down to the current of @ $32…is still up 20% on the year…so both gold and silver are way ahead of the NYSE…what did you suggest we buy, again?
If you can’t see the fallout from the shenanigans pulled by JP Morgan regarding the MF Global disaster and heist, and the huge concern of real investors on the security of paper assets held by these financial terrorists, you have no business labeling anyone a “conspiracy theorist” or anything else. Period.
ALL paper has going for it is the TRUST and FAITH folks have in the system: when that trust and faith are pulled like a rug out from under serious investors…they lap up real assets. Gold and Silver have been real assets for over 5000 years. There are not the only ones..but they store well and are easily exchanged.
No paper fiat currency has lasted 100 years.
Have a nice day.
I’m asking you to invest a tiny bit of your riches in your soul. Risk-free, Non-bank, non-corporate, non-governmental, completely tax free.
Keep on supporting your masters, my chumps – it might trickle down – when you run the shovel for them. You do remember how that thing works, right?
Merry Christmas
Now that the paper price of silver has gotten into the $26/oz range, I return to my previous statement:
“I think the breaking point we have been looking for has been predicated upon the believe that some form of a functioning legal system would still exist to bring it about. I am not so sure we can count on that now.”
I cannot believe that these low prices can be achieved in any other way than by massive and aggressive naked shorts coming from the usual suspects, which have been facilitated by the recent, massive M S Global Heist, which seems to have been *sanctioned* by the US Federal government (!!).
So, where does this end? $12/oz silver? The physical price is about $3/oz higher than the paper price, but I can buy Silver Eagles now for less than $30 each. This is compared to $50 each not all tha long ago.
One last question: With this level of corruption, what is to stop the Federal government from eventually saying it is illegal to own gold and silver? Seems like something along these lines has happened before.