Wed, 13 March 2013
www.FinancialSurvivalNetwork.com presents We connected with Les Gold, star of the hit show Hardcore Pawn joined us today on FSN. Just like on the show, Les is charismatic, intelligent and extremely articulate. We talked about the store, his family and his history as a pawn broker. Les has built a huge business right in the heart of downtown Detroit. He's extremely proud of the work he does. For so many people, he's not just their last hope, he's their only hope. Every month dozens of people avoid eviction, feed their families and keep going because of Les. As far as future political plans, Les thinks that Detroit's Mayor and Michigan's Governor have it covered. However, he'd gladly become a consultant to Detroit, perhaps chief negotiator would be the proper role. FSN still believes he's the man for the Emergency City Manger slot. His book, For What It's Worth is coming out in June so stay tuned. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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Wed, 13 March 2013
www.FinancialSurvivalNetwork.com presents Dan Collins of the ChinaMoneyReport.com sees smooth sailing for the Chinese economy. He believes that much Western reporting that makes numerous claims of an economic bubble are gross exaggerations. The ghost cities are largely overblown. Most Chinese are cash buyers and even those that take out mortgages still put up 30 percent. China has become the largest trading nation in the world. Its currency is set to supplant the dollar over the next several years. Their main problems are inflation and the environment-which continues to rapidly deteriorate. Dan believes the best way for Americans to play the China story is by investing in Hong Kong. Right now HK dollar is pegged to the US dollar, but many experts expect that peg to soon break. That will lead to massive profits for those holding the HK$. Go to www.FinancialSurvivalNetwork.com for the latest info on the economy and precious metals markets
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