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Breaking news from Bill Murphy of Gata.org. While reviewing the Comex Gold Inventory Warehouse Report, he came across a newly minted disclaimer. Basically they are telling you that the numbers are for informational purposes only and they effectively are making no warranties or representations as to their accuracy or truth. Bill's been saying this about every Comex issued report for years, from the Committment of Traders Report, to the Inventory Report to the Open Interest Report. Bills believes this sham is getting close to the end game and perhaps this latest legal step is an indication. 

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

Direct download: Bill_Murphy_6-4-2013ed.mp3
Category:general -- posted at: 2:30pm EDT
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Economic numbers, corporate profits and government statistics are no longer worth the paper they aren't printed on. There's no real investment taking place. Rather it's all financial alchemy and chicanery. None of the numbers match reality. Employment in the US is supposedly stable, yet the workforce participation rate is headed down. Company revenue goes down, but due to share buybacks, earnings per share goes up. Lay-off a few thousand workers and profits take off to the moon. Why worry about working and building wealth when you can go flip a house. We're living in the Flip-This economy.

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

Direct download: Danielle_Park_6-4-2013.mp3
Category:general -- posted at: 1:16pm EDT
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The Dow is up over 2,000 points since the beginning of the year. What's going on here? We've gone over 5 months without a correction, which may be cause for concern. If you're going back into the market, you'll probably want to spread your investment out over a period of time to avoid a major corrections. In addition, the market leaders will probably rotate from high dividend yielding stocks back into cyclicals. GM once again rejoined the major markets indexes which could well be an indication of this trend. Be careful!  

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

Direct download: Jonathan_Burton_6-4-2013.mp3
Category:general -- posted at: 1:03pm EDT
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Gregg Fettig, noted Tea Party activist, believes that the Party has become re-energized after the recent disclosure of IRS targeting of the group. Their enthusiasm level is high and there is renewed interest in their cause of smaller government and reduced taxes. Gregg doesn't believe that the scandal will lead to removal of the president, but it could impact his ability to govern and force through his radical agenda. Also, there's much more to this story to be disclosed. The scandal has legs and large numbers of supporters could start turning on the administration.  

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

Direct download: Gregg_Fettig_6-4-2013.mp3
Category:general -- posted at: 11:42am EDT
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