As Danielle said, "The world is a messy place during the best of times." And these certainly aren't the best of times. So you need to minimize your risk, even if that means accepting a lower yield. Witness the slaughter that just took place in the high yield (junk) bond market. Return of investment is now far more important than return on investment, that's just the way it works after a credit bust. 

Direct download: Danielle_Park_12.Aug.14.mp3
Category:general -- posted at: 4:09pm EST

Chareles writes, What can you say about a "healthcare" system in which 99% of all physicians will face a malpractice claim in their careers?  According to Malpractice Risk According to Physician Specialty (The New England Journal of Medicine), "It was estimated that by the age of 65 years, 75% of physicians in low-risk specialties had faced a malpractice claim, as compared with 99% of physicians in high-risk specialties." There has to be a better way. 


Direct download: Charles_Hugh_Smith_12.Aug.14.mp3
Category:general -- posted at: 3:25pm EST

Rob Kirby of joined the show for the first time today. As a seasoned finance professional Rob honed in on the exact causes 2008-9 financial collapse, which in fact started in 2007. It's seven years later and the damage has been extensive. Virtually every market in the world has been corrupted. Even those that haven't, have been extremely distorted by the flood of zero interest money. But, precious metals are the achilles heel of the system. One day in the not too distant future, the chickens will all come home to roost. 

Direct download: Rob_Kirby_12.Aug.14.mp3
Category:general -- posted at: 2:15pm EST






August 2014
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30