Tue, 6 August 2013
www.FinancialSurvivalNetwork.com presents
Bix Weir came on again today and we discussed the never ending series of incredible events sweeping the globe. Seems HSBC stopped doing business with a number of embassies including the Vatican, without explanation. At the same time the US has closed down a number of its embassies in the Middle East. It's all just one big coincidence, we're quite sure; what else could it be? Gold and silver prices continued to get slammed down while precious metals inventories continue to decrease, another coincidence. Listen and find out more. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Tue, 6 August 2013
www.FinancialSurvivalNetwork.com presents
Bill Holter is holding down the fort for the vactioning Ranting Andy Hoffman. In the latest round of interest rate hike shocks, the Fed lost over $200 billion just on their Treasury holdings. This doesn't even take into consideration all the MBS and other garbage on their books that they paid top dollar for and theoretically has no value. Considering they only had a net worth of $65 billion, does this make them insolvent? Or does it matter when you can print up all the fiat currency units to your little heart's desires? According to nobel laureate Paul Krugman, a trillion here, a quadrilliion there and pretty soon you're talking about swiss cheese. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Tue, 6 August 2013
www.FinancialSurvivalNetwork.com presents When it comes to what's really happening in the real estate market, few people know as much as Dave Kranzler. He studies every aspect of it. And what he's seeing is none too encouraging. While the high end market doesn't look so bad, the recent rise in interest rates, the shadow inventory and hedge fund behavior is cause for real concern. Mortgage applications are down, sales are down and interest rates are rising. Dave sees hedge funds and other large owners dumping rentals and sales onto the market now. This should lead to lower rents and lower sale prices. This is not what healthy markets are made of. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Tue, 6 August 2013
www.FinancialSurvivalNetwork.com presents John Manfreda came on to talk about Wall Street, the next Fed Chief and easy money. We also talked about gold and the real economy, which is always an FSN favorite. You never know what's going to happen in real life, but we can always hazar a guess. John's thinking that energy is on a roll and that natural gas will start going up soon. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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