Jordan Roy-Byrne of TheDailyGold.com believes the existing gold and silver stock indexes, such as the HUI or the GDX, are not giving an accurate picture of where metals stocks are really heading. They're highly weighted towards the major producers who have been underperforming for years. As a result, the good performers' results have not been accurately reflected or recognized. Jordan doesn't necessarily attribute their under-performance to manipulation but rather sees the market asserting its fundamentals.

This is a reflection of the phase of the bull metals market. Consolidations can last for several years and valuations can vary. However, you should remember to look at technicals and sentiments. A lot of breakouts in the sector tend to be false. Gold has bottomed so many times in the last couple of years, on the day where it appeared to make a technical breakdown. We are undeniably seeing a very difficult market, and according to Jordan, we are within 2 weeks of a very important bottom. You have to wait for things to reach an over-sold point, these are the times when you want to buy and take advantage of the manipulations. Once the markets get extremely oversold, the manipulators buy to help themselves. You want to be on the correct side of this, so DON'T FREAK OUT and sell! 

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Direct download: Jordan_Roy-Byrne.mp3
Category:general -- posted at: 9:34 PM
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Bob Chapman joins us today for our biweekly precious metals check-in. Gold is down to around $1650, and there is mountainous trouble in Europe. Bob says what we're seeing is just a diversion to distract you from what's happening over in Europe. The US is blatantly in the market, and according to Bob manipulating it. The central banks of many countries like India and China are buying gold at anything under $1700. Bob has traded for 25 years as a professional, and he says BUY!

Please fill out the subscription box at KerryLutz.com to instantly receive your free Financial Survival Toolkit & weekly gold and silver newsletter.

Direct download: Bob_Chapman_03-14-2012.mp3
Category:general -- posted at: 8:52 PM
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We talked about the Department of Energy's idiotic $50 LED light bulb that's going to save energy and make the world a better place in which to live. The DOE even gave out a $10 million prize to Philips for creating this loser. Who's going to spend $5,000 to outfit their entire home with the wondrous energy savers? As time goes on, more and more traditional light bulbs will be banned, leaving you few choices.

However, Congress in its finite wisdom left open a glaring loophole. The ban does not apply to rough service light bulbs. These bulbs are used in areas subject to high levels of vibration and movement, such as train stations or industrial areas. In addition, these bulbs last longer and are readily available through numerous sources. Let's see this become a major civil disobedience movement. Let the Congress know that they may be able to control your toilet, dishwasher, washer and dryer, but not your light source.

Please fill out the subscription box at KerryLutz.com to instantly receive your free Financial Survival Toolkit & weekly gold and silver newsletter.

Direct download: TLR_170.mp3
Category:general -- posted at: 5:27 PM
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