Wed, 12 November 2014
Tom Cloud has been selling gold and diamonds for 38 years. He knows what drives markets and he's been keenly watching the upcoming Swiss Gold referenda. Did you know that Paypal cut off all contributions to the cause earlier this month? Why would they do such a thing? Were they under pressure by the central banks? If the intiative passes, gold is going up, if it doesn't, gold will take it big hit--in the short run. Let's see if the powers that be can stop it.
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Wed, 12 November 2014
Dr. Elaina George joined us today for an update on the toll that Obamacare has exacted. That toll continues to increase and the quality of care that Americans receive from the healthcare system continues to suffer. Procedures that used to be administered by doctors are now done by nurse practitioners and physician assistants. Look for this trend to accelerate. And now we find out that Americans were lied to and played for fools by the chief architect of the plan, because if they knew the truth, they would have rejected Obamacare long ago. Better late than never.
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Wed, 12 November 2014
Craig a/k/a Turd joined us today for an in depth discussion of the insane precious metals markets. If you don't believe they're manipulated, just look at today's Financial Times and the article on UBS's reprimand by the Swiss financial regulator for frontrunning precious metals contracts. And that's just the tip of the iceberg. As Craig explains it, there's nothing but manipulation taking place, and then you have a day like Friday, when the open interest on the Comex goes crazy and the price of gold goes up $37.50, for no appartent reason. Craig also linked gold's woes to the Japanese Yen, showing that the recent decline in the Japanese currency went hand in hand with the decline in the price of the yellow metal. We'll see what will happen next and make sure you tune in to our webinar on November 25, 2014 at 9pm est with Craig. He'll be going much more in depth and you'll definitely want to catch it.
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