One would believe that from recent action this week particularly in the precious metals sector that “Dear Me, The Sky Is Falling!”. In reality, very little has changed in the specter that is haunting the global economy.

There is an old French saying, “The more things change, the more they remain the same.”  Observe that the Germans are ambivalent about bearing more gifts to the Greeks. Portugal, Italy, Spain are still in fiscal trouble. The vaunted employment figures omit the millions of our citizens who are living on unemployment benefits. What about the millions of bread winners over 50 years of age who have given up the search for employment. 

So remember the next time the metals get slammed, there's more at work than just simple market forces.

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

Direct download: Jeb_Handwerger_03-08-2012.mp3
Category:general -- posted at: 5:12 PM
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Mark Skousen, author and editor of The Journal of Economic Perspectives, is known as a“maverick” of economics for his contrarian and optimistic views, his sometimes-outrageous statements and predictions.

His more unusual predictions include:

  • Forecasting in the early 1980s that “Reaganomics will work!”
  • Sending a special alert to subscribers of Forecasts & Strategies to “Sell all stocks and mutual funds” on Sept. 8, 1987, just six weeks before the 1987 Stock Market Crash
  • Calling for the fall of the Berlin Wall in 1989 and the collapse of Soviet Communism
  • Predicting of the biggest bull market on Wall Street in the 20th century — the 1990s

So he was ideally suited to start Freedom Fest which has turned into the largest gathering of freedom seeking libertarians around. We touched on his favorite topic of how much government is just enough and he clued us into the upcoming festivities for FreedomFest 2012 coming up this July in Las Vegas. And we also discussed the best ways to restart real political dialog, which is an exchange of ideals and beliefs, minus the personal attacks and unneccesary we've recently witnessed.

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

Direct download: Mark_Skousen_03-08-2012.mp3
Category:general -- posted at: 4:55 PM
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