www.FinancialSurvivalNetwork.com presents

Jay Taylor came on our live show today on 1490 WGCH. Insightful as ever, Jay agrees that there is little that can be done to avert the collapse and that the majority of the population is completely oblivious to the inevitable. Much like in Rome during the collapse, people were far more concerned about gladiator games and Christians being fed to the lions to notice their civilization was quickly coming to an end. Hopefully the current fiat money system's death will not lead to another Dark Ages, which came out of the Fall of Rome. But society is different now. Most of the world's population lives in cities and life can't continue on for long without a medium of exchange. Hopefully reason will prevail before it's too late. 

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

Direct download: Jay_Taylor.mp3
Category:general -- posted at: 8:07 PM
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www.FinancialSurvivalNetwork.com presents

Bron Suchecki, who's in charge of strategy for the famed Perth Mint, is warning all precious metals investors that the next crisis will lead to heightened precious metals demand so expect shortages and mint rationing. This is exactly what happened in 2008, and the next crisis could very well be worse. Interestingly, the shortages emerged not from a shortage of raw materials, but due to a lack of fabrication capacity. The blanks or planchets that are required to stamp coins are in limited supply. There aren't a lot of producers around the world, and they have been knwon to invest large amounts of capital towards ramping up production. This is due to the market's unpredicatable demand curve and the high costs of expansion. The result is that the distribution system works great in times of regular demand, but it quickly breaks down when demand spikes. Remember, we told you it was coming. 

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

Direct download: Bron_Suchecki_07-23-2012.mp3
Category:general -- posted at: 5:56 PM
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www.FinancialSurvivalNetwork.com presents

Sprott Global's Kenton Toews joined us to discuss the major acquisitions taking place in North American as well as global resource stocks. The Chinese oil company CNOOC is buying Canadian oil producer Nexen for over $15 billion. This is a huge premium to current market prices. An Egyptian billionaire just bought La Mancha Resources, a gold miner for $500mm, getting gold in the ground at just $50 per ounce. What do these moves have in common? They are ways for Asians and others holding large amounts of fiat dollars and euros to diversify them, without disrupting the markets. This could be just the beginning; as the currency crises worsen, the rush for the exit will only intensify. So look to stock acquisitions as a relatively easy way to accomplish that task. 

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

Direct download: Kenton_Toews.mp3
Category:general -- posted at: 1:39 PM
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