Ty Andros joined us after a several week-long hiatus. Here's a statement he read from Porter Stansberry. It's worth your read!

I'd like to make you a business offer. Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment…

Here's the deal.

You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no  matter what business you're in – as long as it's legal.

But I can't give you any capital – you have to come up with that on your own. I won't give you any labor – that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when  you're allowed to operate your business. That's my role in the affair – to tell you what to do.

Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits. You're  also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about who you can employ, when, where, and how. Come on, you're my  partner. It's only "fair."

Now… after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out – to finally live the good  life. Whether or not this is "fair" – some people never can afford to  retire – is a different argument. As your partner, I'm happy for you to sell whenever you'd like… because our agreement says, if you sell, you have to pay  me an additional 20% of whatever the capitalized value of the business is at  that time.

I know… I know… you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've  done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.

Oh… and one more thing…

Even after you've sold the business and paid all of my fees… I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth.

After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.

All in all, if you're a  very successful entrepreneur… if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public… you'll end up paying me more than 75% of your income over  your life. Thanks so much.

I'm sure you'll think my offer is reasonable and happily partner with me… but it doesn't really matter how you feel about  it because if you ever try to stiff me – or cheat me on any of my fees or  rules – I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in  jail. That's how civil society is supposed to work, right? This is America, isn't it?

That's the offer Amerika gives its entrepreneurs.  And Washington wonders why there are no new   jobs…

 

Direct download: Ty_Andros_07-20-2012.mp3
Category:general -- posted at: 9:22 PM
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www.FinancialSurvivalNetwork.com presents

Marty Fox, a regular listener to the show from Canada, recently took a cruise with his wife to Alaska. Marty's been into metals and low debt for many years. He wanted to try his hand at being a gold seeker, the old fashioned way. And he hit pay dirt! While he's not yet ready to retire, his enthusiasm has been stoked up by the experience. He also hit the jackpot several years ago when he sold his house near the market's peak and invested the profits into real assets. We salute Marty and thank him for sharing his wonderful experiences with us. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets.

Direct download: Marty_Fox_07-18-2012.mp3
Category:general -- posted at: 8:47 PM
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www.FinancialSurvivalNetwork.com presents

Jeb Handwerger of www.GoldStockTrades.com believes the junior mining sector is grossly undervalued. He sees the large miners gobbling them up at extremely attractive prices. There are some indications that it has already begun with Yamana Gold's acquistion of Extorre Gold Mine as the start of a major trend. In addition, there appears to be a trend of rising mining nationalism, which should lead investors to jurisdictions that are politically safe. And of course the junior miners have been in a secular bear market, which has seen their prices decimated. Therefore, Jeb could be right in his assessment. When the much awaited run-up in the miners will start, should be answered quite soon. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets.

Direct download: Jeb_Handwerger_07-19-2012.mp3
Category:general -- posted at: 4:52 PM
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