Wed, 9 May 2012
www.FinancialSurvivalNetwork.com presents: Gary Wagner, master technician and trader, follows markets for a living. The precious metals market never misses an opportunity to humble even the most astute technical trader, just like it did to Gary today. But we're living in interesting times, and the world's events are a constant reminder of that fact. While the dollar looks good right now, and the Euro looks doomed, one can never underestimate these volatile markets' propensity for shock and awe. Just when you think you know what's happening, boom, Spain blows up. When countries start imploding, it's extremely difficult to understand how the markets are going to react, especially when they are so highly manipulated and rigged. So that's the challenge, watch the short term trend, or believe that the long term trend can only go one way. Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
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Wed, 9 May 2012
www.FinancialSurvivalNetwork.com presents: "Ranting" Andy Hoffman gives us the update on the lastest precious metals slam down; the reasons to own gold and silver couldn't be stronger. If the prices stay down this low, don't be surprised to witness a major flood of buying. We're also getting into the Indian Wedding Season, which will result in increased demand along with massive sovereign central bank purchases. This is worse than 2008, and banks are blowing up all over Europe. Spain has just bailed out its third largest bank. Who's going to bail out Spain? Greece is planning to reneg on its debt. Who knows which other nations are going to follow Greece to the blessed pastures in the land of sovereign default. Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
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Wed, 9 May 2012
www.FinancialSurvivalNetwork.com presents: Ty Andros called FSN today, Wednesday, 5/9, to weigh in on the recent precious metals slam down. Given all the money printing and the global economic instability, now is indubitably a good time to be a buyer. Today, we discussed the real story on Chinese inflation, and it's far worse than has ever been disclosed. Over the past year, meat and food prices have doubled! So this means real Chinese economic growth is far below official statements, just like in the US. So don't panic, and don't let your emotions get the better of you. Check out the powerpoint that accompanies the audio here. Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
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Wed, 9 May 2012
www.FinancialSurvivalNetwork.com presents: Peter Grandich weighed in on the latest precious metals rout; he's not worried and neither am I. All the reasons we bought gold in the first place are still present and actually increasing. Central bank buying, excessive money printing, and all sorts of economic and monetary mayhem are occurring. Now is not the time to lose confidence or hope in a better tomorrow. We helped Peter celebrate his daughter's 20th birthday because when it comes down to it, while money and economic circumstances are important, they are not the most important things in our lives. When it comes to lasting satisfaction, happiness, and contentment, they aren't even close to our family and our friends. In trying times like we are experiencing now, it is extremely important to remember this over and over again. Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
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