Wed, 13 June 2012
www.FinancialSurvivalNetwork.com presents: The upcoming Greek election, along with Monday's news of the $100 billion fix aka the Spanish bailout are at the forefront of global economic news. While they don't want to call it a bailout, free money is being given, and Danielle says that the people that are trading this market are filled with blind hope. In the past few years, every federal bank intervention has come with big pops in risk assets that have lasted several months. While some people were able to harness this in a trade, most stayed too long and got knee-capped on the way out. It seems that in the past there has always been some hope that the next round of QE would cause markets to pop. But, today the euro bailout scenario is so short lived that no one can really participate in it. Don't be fooled! Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
Comments[0]
|
Wed, 13 June 2012
www.FinancialSurvivalNetwork.com presents: According to Jeff Clark precious metals mania is on the horizon in the not too distant future. On a long term basis, gold and silver are going to preserve your purchasing power where as cash is not. Since Y2K, the dollar has lost an incredible 26% of its purchasing power, and this trend is going to continue. Although gold has been flat since last September, its purchasing power is still stronger in the long run. Most people havent discovered precious metals yet, and we both agree silver is very undervalued right now. Precious metals should be viewed as your savings; gold and silver prices will go higher from current levels. Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
Comments[0]
|
Wed, 13 June 2012
www.FinancialSurvivalNetwork.com presents: James Turk of www.GoldMoney.com joined us today to discuss the ever deteriorating European/Euro debacle. Greece is having its Grapes of Wrath-Steinbeck moment and as you would expect, their government is absolutely clueless about what can be done about it. But in emergencies, one thing we can all count on is that government will fail, and they will attempt to convince the populace they're in control and solving the problem. Which is why James has started the GoldMoney Foundation: he wants to educate people about sound money and limited government. Right now, the audience for such ideas is narrow. However, with each progression on the road to economic collapse, the number of awakened individuals increases and the demand for gold and silver goes up as well. The problem is that most people will not get it until paper money has ceased to function. Hopefully, through all of our efforts, many people will be able to avoid this fate. Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.
Comments[0]
|
