www.FinancialSurvivalNetwork.com presents:

Today I appeared on Andrew Horowitz's show, The Disciplined Investor. We discussed survival investing, which I define as allocating your assets in a way that will protect your wealth in the event of a dollar collapse or the event when major inflation besets the world financial system. While Andrew isn't a big fan of precious metals, especially silver, he did see some logic in acquiring assets that could potentially protect us again major systemic disruptions. While I wouldn't classify myself as an extreme financial-prepper, I would say my confidence, in the ability of men like the Ben Bernank and Tiny Timmy Geithner to look out for my economic well being, has been greatly shaken. 

After being forced to bailout the Too Big To Fails, I have come to the belief government is not only the problem, but it can never be the solution to the problems that it's already created. Rather, the likelihood of a global financial cataclysm increases by the day; and the gold and silver, along with certain commodities, may well be the only things left standing. So if that makes me a financial-prepper, so be it. It's a risk that I'm more than willing to take. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.


Direct download: Andrew_Horowitz_05-03-2012.mp3
Category:general -- posted at: 5:16pm EST
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www.FinancialSurvivalNetwork.com presents:

John Butler, author of The Golden Revolution, has been getting a lot of publicity and has made numerous appearances around the media circuit since our last interview. FSN can proudly take credit for being one of the first to recognize John's tremendous contribution to the gold standard debate. As John said, "This book begins where Jim Rickard's Currency Wars ends." John also had much to discuss about who's reading his book and what people are saying.

When you write a book, or reach out to the public to try to explain complicated economic and political issues, you're never sure if you're going to have an impact. However, when the Chairman of the Fed, The Ben Bernank, takes time out from his busy day to blast the gold standard, something is happening, and that something is a debate. When Nixon closed the Gold Window in 1971, there was never a debate about the possible impact of such a move. Rather, just like gold confiscation, it was done by executive fiat. This failure to debate the consequences of such hasty, pragmatic actions, has done untold damage to the world financial system and the US dollar and standard of living. 

The debate, while long in coming, will soon be fully engaged. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: John_Butler.mp3
Category:general -- posted at: 3:08pm EST
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www.FinancialSurvivalNetwork.com presents:

Markets and financial reporting were virtually flat in April. The only bright spot on the horizon was natural gas prices, which were up 16 percent, probably a dead cat bounce. The Dow, Nasdaq, Oil and metals prices were channel trading, but these directionless markets are usually short lived. As Mickey and I spoke, gold and silver were getting raided as usual. Employment numbers were released, and they pointed to a slight decrease in new filings. However, these monthly numbers have been shown to be completely unreliable and inaccurate; wait for the inevitable revisions to kick in. 

In other precious metals news, Copper is showing great stability, while platinum got kicked in the teeth and fell bellow gold once again. But, history shows such instances to be short-lived, and this will no doubt follow the pattern. So we'll see if the old saw, Sell in May and go away holds true this year like it has in previous ones. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Mikcey_Fulp_05-03-2012.mp3
Category:general -- posted at: 2:31pm EST
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www.FinancialSurvivalNetwork.com presents:

David Quintieri has written a new book entitled The Money GPS, which is intended to help Americans wakeup to the impending dangers of ceaseless money printing and the collapse that it will eventually bring about. All empires inevitably collapse, and it's difficult to tell whether they were brought down by poor economic policies or other factors. But, it is undeniable that monetary debasement has always helped exacerbate the collapse. Government officials, since time immemorial, always try to get something for nothing and always try to give more and more people a free lunch. But in the end, the results are always the same. Collapse! This time will be no different than the others. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: David_Quintieri_05-02-2012.mp3
Category:general -- posted at: 4:09pm EST
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www.FinancialSurvivalNetwork.com presents:

Only in Illinois, Ronald Reagan's birth place, would the comptroller of a small city steal funds for 23 years, undetected. Rita Crundwell, 59, took more than $53 million over the past two decades from the city of Dixon, Ill.; among her ill begotten acquisitions were:

  • $2,500,000 in personal American Express charges, including over $339,000 in charges for jewelry.
  • $2,108,000 for a 2009 Liberty Coach Motor Home.
  • $450,000 horse farming operations expenses.
  • $258,698 for a 2009 Featherlite Horse Trailer
  • $146,787 for a 2009 Kenworth T800 Tractor Truck.
  • $140,000 for a 2009 Freightliner Truck.
  • $56,646 for a 2009 Chevrolet Silverado pickup truck.

The amazing thing is the city only has a budget of $8-9 million or perhaps $20 million. This means somewhere around 10 to 20 percent of the budget was stolen each year, and no one noticed! The City never saw fit to post their financial documents on their website, which virtually every other municipal government in the nation does. In my small town in Westchester County, NY, there would be an immediate rebellion over such an omission. This is shocking in-and-of itself and should have sent off alarm bells long ago. 

The New York Times is very alarmed over Apple's strategy in avoiding the taxman by a variety of creative strategies. That this type of behavior would be found objectionable by the Gray Lady is not surprising, because it's been years since they experienced anything resembling a profit. Then there's the former Fed Official Warsh, who's alarmed about the too big to fail banks but believes the solution is better disclosure. In this case, better disclosure would no doubt result in bank runs and lynchings. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: TLR_185.mp3
Category:general -- posted at: 3:26pm EST
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www.FinancialSurvivalNetwork.com presents:

Bob Chapman, the international Forecaster, is back with us to answer these major questions: Is there any hope for Spain? Is Italy next? What happens after Spain blows up? Should Europe add Apple as a member of the EU and change the currency from the Euro to the Apple? While we can dream about white knights and Hollywood finishes, there's really no one out there who can save the EU from itself. The manipulation of the financial system continues unabated with no end in sight. The more markets are undermined by government schemes, the less they perform their essential functions. This will result in larger cataclysm when these actions finally fail. Which leaves only one investment class available to protect your wealth and your family. If you've been listening to this show for any length of time, you know exactly what that is: PRECIOUS METALS!

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Bob_Chapman_05-02-2012.mp3
Category:general -- posted at: 11:48am EST
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www.FinancialSurvivalNetwork.com presents:

Ron Hera joined us on FSN yesterday to recount a recent recommendation, which he provided on the last show. The stock we spoke of is being acquired at a substantial premium, but that certainly isn't the end of the story. Ron believes the miners hit a bottom on April 23 of this year, and by virtue of the economic realities currently taking place, they have no where to go but up. But then, there's the dividend story; so many of these stocks are raking in huge profits. With metals prices so high, even if they're not at their honest valuation, well positioned juniors are scoring big. By instituting dividends, the market will eventually have no choice but to award the proper earnings multiple. It all comes down to a waiting game, for which savvy investors will be greatly rewarded.

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Ron_Hera_05-01-2012.mp3
Category:general -- posted at: 11:40am EST
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www.FinancialSurvivalNetwork.com presents:

Peter Grandich is probably the best mining analyst around; mainly because he's been following mining stocks for the past 30 years. Peter has a unique understanding of the mining sector, and he doesn't hesitate to state these stocks are currently in one of the worst bear markets in history. There are many reasons why, but they really defy credulity. These stocks are trading around the same level as they were when gold was selling for hundreds less per ounce. Consequently, many investors have either thrown in the towel or will shortly; this is the stuff that bottoms are made of. 

One stock I came across, which I do not own, is selling for just 1.1 time EBITDA and has a three percent dividend. Companies in productions are scoring huge profits. And the companies about to commence production are being valued as if they were beginning stage exploration plays. Every dog has its day, and these stocks will have theirs, probably sooner rather than later. After all, how much lower can they go? Every time we say this, somehow they figure out a way to go lower, but only to a point. Peter thinks that point has been reached, and we will see a turnaround sooner rather than later. 

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Peter_Grandich_05-01-2012.mp3
Category:general -- posted at: 7:24pm EST
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www.FinancialSurvivalNetwork.com presents:

Chris Duane and I talked about YouTube and personal brand building. As we discussed, neither of us is doing our shows to get rich quickly. Rather, we enjoy getting the information out. Our ultimate goal is to help you understand the current economic climate. It is truly astounding there's so many people strolling along life with absolutely no comprehension of where the economy and the world are heading.

Today, YouTube/Google took down a Ron Paul channel for specious copyright infringement allegations. Google is the Federal Reserve of the internet. Without their blessing, it can quickly become impossible for any company to conduct business. How this matter eventually gets resolved will have a large impact on internet free speech, which the elitists are still trying to get control over. They've been trying to control people's driving habits for a hundred years and that hasn't worked out too well, and neither will their efforts at internet dictatorship.

Go to www.FinancialSurvivalNetwork.com for the latest info on the Economy, Markets and Precious Metals.

Direct download: Chris_Duane_05-01-2012.mp3
Category:general -- posted at: 4:15pm EST
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