Treasury Bond-Greatest Asset Bubble in History-Jim Willie

goldenjackassBy Greg Hunter’s 

Financial analyst Dr. Jim Willie says there is no way the Fed is going to stop printing money or even “taper” it.  He charges, “Everything is dependent on Fed support.  They know if they take it away, they’re going to create a black hole.  The Treasury bond is the greatest asset bubble in history.  It’s at least twice as large as the housing and mortgage bubble, maybe three or four times as large.”   Dr. Willie goes on to say, “I think the Fed’s balance sheet is going to expand further, not contract.”  As far as the gold price, Dr. Willie says what you are seeing now is not real.  Dr. Willie says, “In order for the real gold price to reflect true value, we must shut down the COMEX.  Don’t worry; they’re helping themselves to shut it down by keeping the price down and causing a fire sale around the world.”  Dr. Willie says a big upward move is coming in gold.  What could be the trigger?  Dr. Willie says, “It might be a default for gold delivery . . . at the same time that a big bank fails.  I am hearing every single night there are three big banks that are running the risk of failure.”   Dr Willie predicts, “If we have another repeat of Lehman, it’s going to be 10 times larger.  It’s not going to be containable.”  Join Greg Hunter as he goes One-on-One with Dr. Jim Willie, Publisher of the Hat Trick Letter found on  

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  1. Rohen

    Greg, I hope you’ll consider Karen Hudes as a guest. She has
    an amazing story and powerful message.

    Check out


    • Greg

      Thank you Rohen.

  2. Allen Ols


    The absolute heavyweight champion of finanial/economic/forcasting information of this day/age.
    I subscribed; to the hat trick after hearing the jackass hear as well as other interviews.

    The hat trick is mezmerizing/chocked full of facts/backed by rescources.

    Jim was VERY forthcoming in answering my email/novice questions even b4 I became a subscriber.

    For your listeners;
    Hold a yardsale, and spend $ 110.00 for a 6 month sub. And as paul harvey said ” get the rest of the real story”

    Thanks greg–spot on!!

    • Greg

      I think you have hit the nail on the head and given the reason why Dr. Willie is one of the favorites here.

  3. Troy


  4. jc davis

    Greg. Interesting thought of the day. g20 minus g7 equals g13. Those in numerology must be having a fit. There is some facts about the lucky / unlucky number 13.

  5. art barnes

    Greg, I’m with Golden, the FED can say what it wants, talks cheap, and just because the FED says it might taper off QE doesn’t mean it will. Golden clearly hasn’t been duped like the MSM on every word of the FED. If the FED was the “economic bible” as the MSM thinks it is, the 2008 crash would not have happened in the fist instance. The FED will crash the dollar one way or the other. Thanks for having him on.

    • Greg

      Good point Art Barnes!

  6. 8Ball

    The mistake that people like JW make when they predict all of this stuff is that these events will never be allowed to happen in an orderly manner.

    Do you remember when Rumfsfeld announced that $2.3T was unable to be accounted for at the Pentagon? The next day a supposed “airliner” crashed directly into the Pentagon offices that housed all of that information. What are the odds of that happening? Lots of critical files were also destroyed and a load of Gold went missing at the WTC…

    My point is that people are underestimating the level of CYA desperation that the manipulators will go to in order to mask their foibles. You can make a sure bet that they have contingencies planned and in place for that day when they are no longer able to conceal their schemes.

    • george

      There are several issues I have with your logic or lack there of:
      1) Gold was $280/oz Sept 11
      2) To make documents disappear there is hardly the need to destroy WTC or any part of the pentagon

      • 8Ball

        Thanks George… I think that JW’s predictions will come true when the USG and FED allow a thorough and independent audit of the contents of Ft. Knox KY.

        • george

          I am with you all the way on Ft. Knox and I agree that the gov’t is desperate. There is good analysis around gold and more has been sold than can be accounted for by mining and other sources.
          As far as the gov’t being desperate: NDAA, NSA, DHS…all of these show that the gov’t is putting a backstop in place and I do not believe that they would do that if “THEY” didn’t think that bad times are coming.

  7. jerry

    No one says it like Jim Willie. He is dead on about the housing market, and the money printing. The toxic debt from the housing market collapse in 2008 didn’t go away, the federal government bought it, just like they did with Lehman Brothers and the other dirty Banks adding to the debt bubble. Guess what? They can’t even give it away. The Feds balance sheet is loaded with foreclosures they bought from the banks that they can’t get rid of. There just isn’t enough buyers in this stagnant economy to buy them. Couple that with the banks not lending money and you have a formula for disaster. The feds were gambling that the economy would recover if they just kept printing money and they lost. Period. The clock is ticking Greg. Time is about to run out. You can either prepare for the reset that is coming, or do what the other 89% Americans do. Just act like nothing is happening, sip your coffee, read your newspaper, and go on. Please? For those of you who think this is all B.S. please explain to me how we get out of this mess? If you can, you need to contact the Obama administration, because the simply have no clue .
    Greg, you are right. Gold is bought for insurance, not investment. When the dollar collapses, you can only imagine what it will be worth.

    • Dwain

      Picked clean, Caracas economies no longer nourish “Fed peckers” desperately pound, divvying diminishing morsels or marrow to exploding ravenous flocks.

      The world is about to experience tribulation on a scale unprecedented in history.
      There will be no rescue from the fed this time around.

      Jobs have been decimated by machine civilization, job offshoring and corporate consolidation. Socialistic governments happily came to the rescue, blowing wealth and welfare bubbles. Artificial population expanded proportionally. No longer capable of blowing and playing charades, the day of reckoning has arrived.

  8. Rob

    Hi Greg!

    Very good interview as Jim is correct that there will be a major agreement of the G20 in Russia this September.

    I recently sent another Jim, whom you highly respect and mention often, the email below and he sent back a reply that the thesis below of “7 regional reserve currencies” is nearly perfect in his estimation as well.

    This will come out of the G20 this fall due to a series of events leading up to that meeting:

    “First the US dollar falls from its global reserve currency status. Then regional reserve currencies are put in place to compete equally with the Euro.

    This could be 7 regional currencies comprising of:
    1) the Yuan in Asia
    2) one of the dinars for the Middle East through North Africa
    3) the Russian Ruble for most of the former Soviet Union
    4)the Brazilian Real for South America
    5)The US dollar for North America
    6) the Aussie dollar for the south Pacific through southern Africa
    7) and of course the Euro.

    These seven currencies will then meld into one electronic currency that no one can buy or sell lest they have the mark to activate an account 3 1/2 years into this agreement.”

    Remember how the Obamacare was voted on in 2010 and then implemented in stages where the most destructive parts are being imposed on the public at the end of this year 3 1/2 years later.

    This will probably be the process of implementation for the Daniel 9:27 covenant they will introduce to the world this fall by the G20.

    While I can not endorse every thought at this link here is a little history of how we have already been manipulated into a predominately cashless society so far:

    In CHRIST! Rob

    • Allen Ols


      I like this, what I just read, who is this other jim?

      Al ols

  9. Jim H

    Good morning Greg

    I’m not sure what evidence there is supporting the shutting down of a big bank. The evidence shows the big banks will probably be here even after American’s are starving to death. I certainly agree with his statement “what you are seeing now is not real”. It will continue to not be real until the NWO (globalization)is fully ushered in.

  10. John Smith

    Greg, long time fan.

    Just was wondering why Jim never shows his face???? It kind of hurts his credibility. No one even knows what this guy looks like. I respect a man’s right to anonymity but with Willie it just seems a bit strange that he NEVER shows his face.

    • Greg

      It’s just the way he wants it, and besides his connection out of central America really sucks. I have to edit out breaks and dropped portions of the interviews with him. By not doing video he makes it easier for me.

      • M.Smith

        Have seen his face many of times on interviews, like Greg said the stream coming out of S America is some times very hard to even get, thanks to our own gov & other factors we have no control over! Just remember one thing we are the targets, they could care less about us, only their own selves & their political life styles, like the rich & famous! Best to keep a open mind & be prepared for a life changing event, not for the better! The tax man comes while income drops!

      • Allen Ols

        Ha I just asked jim a few days ago why he doesn’t do broadband split screen as I saw an old interview w/ him and max kaiser june 2010 ,he is a very articulate speaker, I would rather hear him speak the whole content of hat trick; but alas he must make a living 🙂
        Al ols

  11. Hill

    Thanks for putting Jim Willie on your show Greg – I always look forward to him as your guest.

    I’m marking 12-23-2013 on my calendar. I hope it’s an early Xmas present.
    100 years of the Fed is 100 years too long.

    • Greg

      A lot will happen by then.

    • Greg

      A lot will happen between now and then and none of it good for America. Thank you for your comment.

  12. Chip

    PCR does it again Greg.

    I would encourage you and your readers to check it out. Be sure to take a few minutes to watch each of the short video’s he links there as well. Well worth your time…

  13. jerry

    Greg I know the numbers speak for themselves about how financially screwed we are with this debt bubble, but there is one more aspect that needs to be taken into consideration. That is that no country in Biblical history has ever thumbed their nose at God the way this country has and lived to tell about it. At least not for long. With all of the problems we face, the debt crisis, the stagnant economy, etc. etc. what is the main focus for this administration? Why of course gay rights. Is that not a statement of where we are spiritually as a nation. This last election I thought I would die when I watched the Theophobes (people who hate religion) in the Democratic party stand up and demand that God be taken out of the Democratic platform. And President Obama stands up before a Planned Parenthood convention, and tout “God bless Planned Parenthood”. Talk about sticking your finger in the face of God? Then you have the military. If you even mention the word of God, you can be subject to a Court Martial. Sodom and Gomorrah have nothing on us. Is it any wonder that the Government is preparing to turn its military might loose on its own citizens, with Drones, DHS , NSA etc.? That is what civilizations do just before they collapse. Rome did it. So did Nazi Germany, and many others. Their prisons were bursting at the seams with enemies of the state. We now have a situation where our Government has stuck its nose into just about every area of our great nation. From GM, Banks, Health Care , right on down to marital rights. The government sees all knows all. But, tell me, can you name one government program that isn’t going broke? Short of the military I can’t. The only way out of this mess, is with a repentant sincere heart. And right now I don’t see it. What really stinks is that a great many people are going to suffer the consequences of a few bad ones. My only hope is that there will be enough good people left out there to put this country back on track after the reset is over. Maybe we will learn our lesson, that ” man given a little authority begins to rule in unrighteous dominion”. Greg I can tell by your reports that you are a righteous man. Don’t ever let the world blind you. Thanks for your reports as always.

    • Greg

      Well said and thank you for your support!

    • Allen Ols

      Well said jerry kudos
      Al ols

  14. Andy

    Thankyou so much for having Jim Willie on as a guest,he is one of my favorite people.At the edge of my seat listening to this.

    Thanx for keeping the news real Greg..take care always look forward to your interviews

    • Greg

      Thank you Andy for your comment and support.

  15. Sanjay Kashkari

    Jim Willie has been making predictions for years, but has never been right about anything and these new predictions will prove out false again. The US Fed and regulatory agencies will see to it that the integrity of markets is maintained and that noone is able to cause wild distortions in the market especially when they are characterized by terroristic undertones. The government has many options at its disposal in the event that transactional distortions cause market instability and they aren’t afraid to use force if necessary. Anyone who holds gold and sits in their closet hoping for total societal meltdown are enemies of the state and shall be treated as such. The United States will not sit by and watch as terrorists scheme to bust up the nobelist form of government on this earth. We have national defense forces, national guard, FEMA, NSA, FBI, CIA, Coast Guard, UN Security Forces, Xe Services, Local SWAT teams and Many other Forces to deal with terrorists who will be hunted down at at the slightest wife of impropriety.

    • Greg

      Sanjay Kashkari,
      First of all I think you are a paid government troll. Second, let’s talk about your false accusation about DR. Willie that said his argument is “characterized by terroristic undertones.” I Know labels are important for people like you because it helps undermined a perfectly sound argument when you have no counter argument. Labels were important to WWII NAZI Herman Goebbels but you pale in comparison. As far “The US Fed and regulatory agencies will see to it that the integrity of markets is maintained and that noone is able to cause wild distortions in the market. . . “ What on earth are you talking about? “Integrity of markets”? We have had Government sanctioned phony accounting since 2009. We’ve had QE 1,2,3 and now to infinity (“Open-ended”). Any hint at even slowing it down, and the market plunges as it did two weeks ago when Fed Chief Bernanke mentioned it as a trial balloon that popped in his face. So you want this totally Unconstitutional system where you says is the “noblest form of government on this earth.”? How “noble” is it to falsely label someone as a terrorist for telling the truth and then assassinating them? “Noble” is the 1st Amendment and all of the Amendments to the U.S. Constitution. You should be ashamed of yourself for being an enemy of liberty and freedom.


    • george

      Mr/Ms Cash&Carry,
      It is a well known fact that when a govt wants to marginalize a people or political position, they vilify and dehumanize the people. The Nazis did this as did the old South. If your post was not so childishly transparent and laughable, I would be worried; however, it appears to be nothing more that a temper tantrum by someone who has lost the argument due to simple facts so they resort to threats and name calling.
      This is still America, if for only a while longer, and it is called free speech not terrorism. No one that I have read on this site is hoping for a meltdown but we see signs that something bad is coming. Its like seeing the ocean recede and understanding a tsunami is coming but the people around you are too preoccupied with the pretty shells that the lower water levels uncover. You urge them to run as you flee for your life but they dismiss your claims of disaster.
      If anything is terroristic, it would be your post.

      • Charles H.

        Sanjay Kashkari,

        Really, Sanjay, again? Rather than tell you all the problems with your post, because there are too many, I’ll tell you where you stand. As far as I’m concerned – you have earned the respect of a looney in a mental institution. The tone and substance of your comments are abusive and inflammatory – which seem to have no other purpose than to bate people to respond and stir up controversy. So I’m through reading any more of your material.
        About five or six years ago I read an article, much like yours – from a Pulitzer Prize-winning writer, by the name of Ted Rall. I have not read a single word of his work or commentaries since. Now you’re next. Greg Hunter may continue to allow you to post: but I won’t read it, and I won’t reply. As far as I’m concerned you’ve wasted your opportunity to be read. If you change your screen name and keep coming at the people of this site – you will still be ol’ “Cash&Carry” (thanks George) and summarily ignored again. Types like you are a sign of the times. “And the times they are a changin.” Goodbye.

    • quakergirl

      Whiff, not wife- you did not grow up as an American- you act like you come from a dictatorship and want to continue it in this country. People like you are crazy and scarey. Your words are pure propaganda and bipolar outpuffing of self importance in some kind of trance imposed on you by somebody giving you money. Are you a banker?…

  16. justin king

    Willie saying that the gold community “aren’t all that intelligent” is TRUE.
    Many goldbugs tend to be fanatical personalities, that are chuckled at when they are on mainstream media.
    Makes our job DIFFICULT.

  17. John Cooper

    Gold? Central Banks stand ready to lease gold in increasing quantities should the price rise !!!!! Goldman Sachs rule the world !!!!!

  18. george

    Greg and fellow watchdogs,
    How do you tell a true conservative or liberal from an extremist?
    The former doesn’t hate the people they disagree with and believe that intelligent people can disagree. The latter hates people that disagree with their crackpot, fascist ideas and wish them ill.

  19. jerry

    George. Ditto to your post.
    I totally agree with you. I am a son and grandson of decorated WWI WWII veterans who fought to preserve the Constitution of this country and secure whatever freedoms I have left. My fathers did not put their life on the line, in order for me to be a slave of the state. Period. I am grateful that Greg has been gracious enough, and brave enough, to provide a venue for concerned citizens such as I to express our opinions. The truth is even government trolls will not be saved by this government when the collapse comes. Maybe the idea of no longer being able to feed out of the government trough scares them, and that is why they come across so hateful on their post. The truth is Kashkari (or whatever your name is) there isn’t enough Gold in the world to pay off the amount debt this government has rang up.
    In the end you will have to fend for yourself because this government has proven time and time again, that it incapable of taking care of its people when disaster hits. I know first hand because I have been there. No I think you better listen to Greg, and quit drinking that poison kool-aide you bought with your food stamps.

    • Tall Tom

      What you may need to realize is that name, Kashkari, is rather remarkable.

      I know that Neel Kashkari works for the US Treasury Department. His resume is rather impressive. Look him up online.

      This may be one of his kids to whom you guys are responding. I really do not know.

      But the problem is that he believes in what he writes.

      Jim Willie Ph.D. is not a Terrorist because he reports what he knows. The problem is that whomever posted is demonstrative of someone whom lacks any understanding about Freedom of Speech or Freedom of the Press.

      Kashkari is a Hindu name and the writer may just be an immigrant with a lack of understanding about INALIENABLE RIGHTS, our Constitution.

      Again he may not be related to Neel Kashkari at all.

      And as for Jim Willie…He has exposed many different things about the Financial World…Inconvenient Truths that embarrass the US Government. I enjoy listening to him because he has been proven out correct on many different occasions.

      Maybe Kashkari may come back to defend himself or expose just who he is. At this point I am not holding my breath.

      It may actually be somewhat educational to engage him in debate rather than to chase him away because of his distorted views.

      Thank you Greg Hunter for all that you do. I do enjoy Jim Willie.

      Tall Tom
      I Cor 13

  20. Jimb

    Greg To quote a amazing trader.
    “He who relies on a crystal ball will be forced to eat broken glass”
    In other words don’t write a script for how the future will unfold.
    It’s like the Precious Metal crowd. They have this collapse scenario
    so embedded in their psche , it leaves no room for the actual truth.

    • Greg

      You did see what happened to the stock and the bond markets when Bernanke hinted at “tapering” QE? I do not see how else it will end? What is your scenario?

  21. mark

    Hi Greg,
    Early in the segment, Jim makes the statement that he makes a living proving the Fed is a liar. You cut in and comment that a lot of folks are saying the same including Jim Rogers etc. I would simply like to point out for the sake of those who simply think Jim is just another newsletter writer trying to sell subscriptions, that I for one am persuaded that Dr. Willie in fact does his due diligence to a very high degree of critical analysis before publishing his researched opinions which in my view distinguishes him from others who just “say the same thing”. I am learning to take Dr. Willie’s words for what they mean. He does not say what he does not mean and chooses his words to reflect what he means. So when I hear him say he ” makes a living proving the Fed is a liar”, I understand him to mean that He literally is undertaking the task of using his acumen and resources to prove his thesis– that the Fed is lying, which means he doesn’t just say something to appeal to the sentiments of those who may already be prejudiced in his favor. I think folks may be mistaken at the breadth and depth of Mr. Willie’s understanding of the field in which he labors so intensely in. He like John Williams among others are providing a much needed and valued service whose reward goes far beyond mere financial gain. Thanks for having him on again, always worth the listen.

    • Greg

      Thank you Mark for making that point. Dr. Willie is one of the best and has a track record of being correct especially on his big calls.

  22. henry

    Quite interesting that Dr Willie mentioned
    the White Dragon Society in a recent interview.
    Does this mean that the Fed’s
    trillion dollar liability from their 1930’s
    bonds is for real?

    How about interviewing Neil Keenan?

  23. Jeremy

    Watch the Municipal Bond Market. I believe this will be the domino that starts the collapse. Not to mention all the municipal pension funds and health care funds running completely dry. Chicago is next

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