UPDATE - 4/20/13 - Information from Jim Willie's April Hat Trick Letter - Premiums and Dealers are Out of metals.
I interviewed Jim Willie, The Golden Jackass and writer of the Hat Trick letter, this morning, April 15 2013 about the smashing of the metals.
He had emailed me this morning about it and that email and article is here. He then agreed to do a fast interview as it is important for people to understand what is really going on.
He provided Awesome information as always and said those who purchase metals in bulk are having to pay $2000 or more an ounce for gold in the Asian markets.
He gives real information and is telling everyone not to freak out and to hold on.
This is a great interview especially for those who are
concerned and watching the gold and silver prices drop.
People should be rejoicing as this is ending the Comex with the prices getting smashed as they are. It is all paper that is going down there is no real physical involved.
Jim doesn't mince words and tells it as it is in this interview.
I have recording software that can only record in ten minute segments, so I am apologizing ahead of time for the cuts. I have normally put them on different youtube videos at 10 minutes each, but I believe people prefer to be able to listen to it all on one video.
Here is Jim Willie no holds bar and giving the straight talk and information about what is real and what is not regarding the metals. He also questions the Utah mining landslide and 'who' may have been involved and was it really an accident?
Edit to add - Article: $20 billion in gold paper dumped.
Dear Sherrie,
ReplyDeleteThanks for timely updates on recent developments. -- I assume you're using Skype to conduct interview. Try "MP3 Skype Recorder" (http://voipcallrecording.com/MP3_Skype_Recorder) -- It's free and doesn't have time limit. I've used it on several occasions with great success (40min+ recording).
Thank you I will check it out, as I hate that I have to stop the interview at 10 minutes.
DeleteAudactiy might be another option for you. It's probably not as user-friendly as whatever you're using now, but it's free. http://audacity.sourceforge.net/
Deletei can buy physical gold now at $1400 per ounce
ReplyDeleteYou need to listen to the interview, Yes as individuals that are buying from other investors you can get it for lower. BUT those who are in the large quantity business of metals are having to pay over $2000 per ounce. Listen to the interview to understand what he is saying.
DeleteJust an FYI. The expression is "no holds barred". As in wrestling. All holds are allowed, so none are barred.
ReplyDeleteMy guess is the paper gold is being dumped because it is worthless without gold backing it. This would make the price drop BUT... You should see the price skyrocket when reality sets in that the paper was worthless.
ReplyDeletethe best time to buy... buy buy buy....
ReplyDeleteVery good interview. Sincere best wishes from Canada.
ReplyDeletekeep in mind the BRICS are backing up the truck right now regardless of price... it is wise to "hold onto your bars"
ReplyDeleteAny backing to statements?
ReplyDeleteI have been feeling for a while that Jim Willie is full of it.
"Secret contacts" saying that there will be mass arrests of bankers globally, morgan stanly going belly up etc etc. Eventually you have to ask yourself if JW is making the stuff up or if his contact is simply clueless.
ANd no, I am not trying to bash gold as I believe this is a fantastic buying time and I do believe the markets are heavily manipulated.
He may be a little over the top but if you check his archive files, he's been dead on years in advance before it happens.keep listening and reading his stuff and see if you feel the same way in 4 or 5 years.
DeleteYes, this is correct. I have been following JW since 2004. He sounded just as nuts when he was yelling at the top of his lungs that the real estate market was going to implode and banks were going to fail. He was spot on.
DeleteIt's worse than that. He just mentioned satanic bankers who do child sacrifice. Also, there was an alien tribe on the dark side of the moon that had their lunar installation hit by the military. WTF!!!! I'm here for the gold and silver story. This guy is either a charlatan or he's not playing with a full "sea bag".
DeleteTime will tell who is playing with out a full sea bag.
DeleteGreat interview. Firstly, thank you Sherri for your radio journalism with modest resources; better than mainstream in pursuit of the real story. Secondly, to Jim Willie thank you for your intrepid research and generous delivery. Over here in England there is an absent of such quality revelation.
ReplyDeleteThe paper GLD and SLV fractional reserve ponzi is a dead man walking!
I can find no quotes on any of the services of gold bullion in Dubai or UAE being priced at $2,000 per ounce.
ReplyDeleteI sell physical gold and silver for a huge dealer in the US. This is a lot of stuff I have already heard and read about, but wanted to take a minute to tell you how much I appreciate this interview you posted. Well said to anonymous, "The paper GLD and SLV fractional reserve ponzi is a dead man walking!". Luckily we have done quite well with this recent drop because my clients do see below the surface and know this is a great opp to buy. I don't care to post who I am or where I work to promote myself, I'm just saying as someone who does this for a living, this interview is phenomenal and wanted to let you know that!
ReplyDeleteI just went to the dealer yesterday to buy one ounce gold coins, they didn't have any. They also verified that everyone is buying not selling.
ReplyDeleteThat is because you went to someone local. I got two new clients this week because their local dealer was not selling to them and therefore they called us. We are definitely selling gold and silver, but supply is low, especially for Silver Eagles, Rounds and Maple Leafs. Physical sales of gold/silver have been through the roof this week for big dealers.
DeleteReplying to my own comment here, premiums have gone up for all silver products and we are starting to have inventory issues. I've only been doing this for 4 years, but people who have been there much longer, 10+ years, have never seen such a shortage of silver products before, including pre-65 American silver coins, not to mention the other coins I have talked about. Gold products are not as popular right now (although sales have been very good as well) but silver, because it is SO low, is more in demand.
DeleteFor anybody reading this, BUYER BEWARE if they promise you immediate delivery. Many big companies sell to clients, then wait till they actually have it inventory before shipping. In this type of market, where the demand is there but the inventory is low, just be wary if they promise immediate delivery. I've heard of companies that take 60-90 days for delivery and that is just in a regular market. When it sounds to good to be true, it usually is.
Yes, this is correct. I have been following JW since 2004. He sounded just as nuts when he was yelling at the top of his lungs that the real estate market was going to implode and banks were going to fail. He was spot on.
ReplyDelete