Tue, 29 January 2013
www.FinancialSurvivalNetwork.com presents
Dick Fult believes that the Bush Administration committed great crimes in it's lead-up to the Iraq War and its handling of the financial collapse. His views are unorthodox and quite controversial and we at FSN, while no fans of either the Bush or present administration take issue with much of what Dick stated. His grasp of complex legal concepts seems a bit thin and his intrpepration of many facts that are in doubt, lead to possibly erroneous conclusions. But we do agree with him that government in the hands of sociopaths is a dangerous thing and to be avoided at all costs. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Tue, 29 January 2013
www.FinancialSurvivalNetwork.com presents
Daniel Park just got back from throwing cold water on the die-hard precious metal bulls at the Vancouver Resource Investment Conference. She's not buying glowing government statistics showing that housing is recovering, either. In fact, we discussed the inventory overhang, the aptly named shadow inventory, over 6 million strong and growing. Now banks are renting out newly foreclosed homes to their defaulting borrowers. And in Florida, foreclosure is entering into the dating scene, where so many singles are on the verge of losing their homes. When will it all end? Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Tue, 29 January 2013
www.FinancialSurvivalNetwork.com presents The latest fiscal cliff tax deal has ended uncertainty over the government's operations, at least until the debt ceiling debate resumes. With the exception of the increased payroll tax, people making less than $250,000 per year come out fairly even on the deal and perhaps even benefit slightly. Higher earners receive a potentially crushing tax increase that will be felt for many years to come. Those people who create businesses and create weatlh will be penalized further and this will be felt in the economy as a whole. Add this increase to the boost in state taxes and you have a recipe for long-term economic contraction. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Tue, 29 January 2013
www.FinancialSurvivalNetwork.com presents I interviewed two energy experts last week who expressed completely opposite views about the world’s future oil supply. Dr. Frackenstein, a pseudonym for a 25 year seasoned petroleum engineer. He’s drilled thousands of producing wells around the world, and is currently a regular visitor to North Dakota and the Bakken Shale. He claims that there's plenty of oil out there waiting to be found, much of it in oil fields that were previously considered fully depleted. Robert Hirsch has been involved in the energy field even longer than Dr. Frack and is much more negative about future energy prospects. He believes that shale oil is expensive to drill for and the resulting wells have much shorter lifespans. This is all due to the nature of shale's porosity, which makes it much harder to produce shale oil than it is to produce shale gas. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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