Jim Willie CB comes from US industry with three main fields of statistics covered. He earned a PhD in Statistics at Carnegie Mellon Univ in 1980. The three fields of specialty during the many years in industry were Quality Control in manufacturing, Marketing Research in computer technology,and Sales Forecasting in retail. Since 2004, the Golden Jackass has been running the Hat Trick Letter, a newsletter that focuses on gold, currencies, the Petro-Dollar, the economic decay in the West, the march toward fascism led by central banks and their monetary policy, in contrast to the new economic development in the East. His numerous correct forecasts on important developments toward the global breakdown have gained international attention, if not notoriety.
The current major forecasts include the rejection of the US Dollar as global reserve, the integration of the Eurasian Trade Zone via the Belt & Road Initiative, the flipping east by Germany, Turkey, Saudi Arabia and Japan, and the return of the Gold Standard. The return will come through the trade window, not the currency window. Most recent forecasts include the return to Infinite QE Forever and the broad-based establishment of non-USD bank payment systems in alternative to the oppressive SWIFT system, actually weaponized in recent years.
The acceleration of systemic breakdown events has come in earnest since the US Treasury Bond market crisis has gained attention, with the US TB ond serving as the new global subprime bond.While the economist profession has been exposed as degraded and compromised, The Jackass carries a near 90% correct forecast rate, since systemic failure, criminal activity, and sustained pressures to maintain the broken system are integrated in the work. The Jackass prefers to say, “My work is unencumbered by the limitations of economics credentials.”
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