Kerry Lutz's--Financial Survival Network

We like to check in with David Gurwitz of Charles Nenner Research regularly since his calls on precious metals have been pretty spot on in recent years. He's still seeing some down action in gold for July, but then we should see it recover and start a long term up trend. Stock markets are looking toppy but there's no sell signal yet. The Euro has held up pretty well considering the bad news out of Europe. Nat Gas is looking to go lower and the same with oil. All things considered, some interesting times ahead. 

Bill Holter says the new BRICS Bank is just another nail in the Dollar's coffin. It's half as big as the IMF and it gives countries the ability to escape the dollar and the jurisdiction of the US and the DOJ. The world has had enough of the US, witnessed by Germany's recent explusion of the CIA station chief. It's all beginning to rapidly unravel. Be prepared!

Gold is up again. And that was before the Malaysian Airliner was shot down over the Ukraine. Talk about Black Swans. Hopefully this won't lead to something crazy, but who knows? When sociopaths run the world, you have to expect things like this to happen. What's going to happen when the London Silver Fix ends on August 14? There's lots more so listen up. 

Ned Schmidt of The Value View Gold Report sees nothing but blue skies ahead for gold and silver. $22 is the key number for silver and $1385 for gold. Once they pass through those resistance points it's nothing but blue skies. He thinks the price action this week was healthy as gold was slightly overbought. 

For agricultural commodities, beef is still going up, along with butter. Corn is down this year, but next year this time he belives it will be trading in the $6.5 to $7.0 region. He's still super bullish on the emerging farm animal health drug sector. He believes the upside potential is huge!

Goldmoney's Alasdair McLeod joined us today to discuss the impending demise of the London Silver Fix. Will it force the LBMA to become more transparent and to modernize? Alasdair believes they need to do this to remain the center of the world's precious metal trade. He also believes that the latest slam down in gold prices was due to profit taking and not an organized takedown.