www.FinancialSurvivalNetwork.com presents:

David Quintieri has written a new book entitled The Money GPS, which is intended to help Americans wakeup to the impending dangers of ceaseless money printing and the collapse that it will eventually bring about. All empires inevitably collapse, and it's difficult to tell whether they were brought down by poor economic policies or other factors. But, it is undeniable that monetary debasement has always helped exacerbate the collapse. Government officials, since time immemorial, always try to get something for nothing and always try to give more and more people a free lunch. But in the end, the results are always the same. Collapse! This time will be no different than the others. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: David_Quintieri_05-02-2012.mp3
Category:general -- posted at: 8:09 PM
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www.FinancialSurvivalNetwork.com presents:

Only in Illinois, Ronald Reagan's birth place, would the comptroller of a small city steal funds for 23 years, undetected. Rita Crundwell, 59, took more than $53 million over the past two decades from the city of Dixon, Ill.; among her ill begotten acquisitions were:

  • $2,500,000 in personal American Express charges, including over $339,000 in charges for jewelry.
  • $2,108,000 for a 2009 Liberty Coach Motor Home.
  • $450,000 horse farming operations expenses.
  • $258,698 for a 2009 Featherlite Horse Trailer
  • $146,787 for a 2009 Kenworth T800 Tractor Truck.
  • $140,000 for a 2009 Freightliner Truck.
  • $56,646 for a 2009 Chevrolet Silverado pickup truck.

The amazing thing is the city only has a budget of $8-9 million or perhaps $20 million. This means somewhere around 10 to 20 percent of the budget was stolen each year, and no one noticed! The City never saw fit to post their financial documents on their website, which virtually every other municipal government in the nation does. In my small town in Westchester County, NY, there would be an immediate rebellion over such an omission. This is shocking in-and-of itself and should have sent off alarm bells long ago. 

The New York Times is very alarmed over Apple's strategy in avoiding the taxman by a variety of creative strategies. That this type of behavior would be found objectionable by the Gray Lady is not surprising, because it's been years since they experienced anything resembling a profit. Then there's the former Fed Official Warsh, who's alarmed about the too big to fail banks but believes the solution is better disclosure. In this case, better disclosure would no doubt result in bank runs and lynchings. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: TLR_185.mp3
Category:general -- posted at: 7:26 PM
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www.FinancialSurvivalNetwork.com presents:

Bob Chapman, the international Forecaster, is back with us to answer these major questions: Is there any hope for Spain? Is Italy next? What happens after Spain blows up? Should Europe add Apple as a member of the EU and change the currency from the Euro to the Apple? While we can dream about white knights and Hollywood finishes, there's really no one out there who can save the EU from itself. The manipulation of the financial system continues unabated with no end in sight. The more markets are undermined by government schemes, the less they perform their essential functions. This will result in larger cataclysm when these actions finally fail. Which leaves only one investment class available to protect your wealth and your family. If you've been listening to this show for any length of time, you know exactly what that is: PRECIOUS METALS!

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Bob_Chapman_05-02-2012.mp3
Category:general -- posted at: 3:48 PM
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www.FinancialSurvivalNetwork.com presents:

Ron Hera joined us on FSN yesterday to recount a recent recommendation, which he provided on the last show. The stock we spoke of is being acquired at a substantial premium, but that certainly isn't the end of the story. Ron believes the miners hit a bottom on April 23 of this year, and by virtue of the economic realities currently taking place, they have no where to go but up. But then, there's the dividend story; so many of these stocks are raking in huge profits. With metals prices so high, even if they're not at their honest valuation, well positioned juniors are scoring big. By instituting dividends, the market will eventually have no choice but to award the proper earnings multiple. It all comes down to a waiting game, for which savvy investors will be greatly rewarded.

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Ron_Hera_05-01-2012.mp3
Category:general -- posted at: 3:40 PM
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