www.FinancialSurvivalNetwork.com presents:

Danielle Park, the extremely talented host of www.JugglingDynamite.com and gifted money manager, joined us for our bi-weekly get-together and analysis of the rapidly unraveling global financial system. There's a major trader at JP Morgan who's literally juggling financial dynamite! Just like the big casino gambler that he actually is, his nickname is "The London Whale." He's juggling billions in derivatives positions and when those explosive units come crashing down to earth, the monetary system might very well crash with it. Why would he be allowed to act so recklessly?

While we know there are many high-powered listeners to the show, who would have thought the Premier of China would be one of them? Wen Jiabao, while not quoting the Financial Survival Network interview, expressed his distaste for too big to fall banks, who are getting a free ride at the global public's expense. He favored breaking them up and forcing them to relinquish power. Who says all politicians are dense and unable or unwilling to grasp the dangers of over concentrated financial power? Now if he would only be as honest about the Chinese Communist Party and its Too Big To Fail State Enterprise Empire, China could get some real Hope and Change they could believe in! 

 Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.


Direct download: Danielle_Park_04-10-2012.mp3
Category:general -- posted at: 4:51pm EDT

www.FinancialSurvivalNetwork.com presents:

Dr. Marc Faber (Gloom Boom and Doom Report) thinks real estate in extremely depressed markets may be a good buy. He may be right, but he could also be wrong, and the markets could decline further. Yes markets in Florida, Phoenix and Vegas have declined by as much as 75% since the economic collapse began in 2007. However, that doesn’t mean these markets can’t decline even further. If you see a house in a boarded up subdivision, and it’s selling for next to nothing, that doesn’t make it a good buy.

We propose several means of valuing a property you’re considering purchasing:

1) Is the house selling for 3 times or less than the average income of that neighborhood? That’s a traditional valuation that became obsolete during the housing boom, but has seen a revival.

2) Is it cheaper to own than it is to rent, before the tax benefit? This is becoming more and more prevalent in especially hard hit areas of the country.

3) Can you realize a positive cash flow on a home bought for investment or a multifamily property? As Robert Kiyosaki, of Rich Dad, Poor Dad acclaim says, an asset is something that returns a cash-flow. A liability is something a costs you money.

Of course, you shouldn’t forget that pot of government subsidized mortgage money. Artificially low rates and minimal down payments could make a real estate purchase very attractive. But be selective; don’t settle for anything less than you want. After all, you’re a buyer in the mother of all buyer’s markets.

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets, and Precious Metals.


Direct download: TLR180.mp3
Category:general -- posted at: 10:26am EDT






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