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We always love to connect with regular FSN listeners. Al and his wife moved down to Florida in the 1980’s to escape the outrageous taxes and regulations of New York. It hasn’t always been easy. Recently, Al had to take a major pay cut due to the deteriorating economy. However, he hasn’t let it get him down. He’s learned a number of profitable skills and has also gotten into organic gardening. He’s well invested in gold and silver and will not sell any of it no matter what. He’s also rebroacasting much of FSN to Northeastern Florida through a lower power FM radio station he operates.

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[Ed. Note: Video here.]

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Chris Duane joined us to talk about the Liberty MasterMind Symposium and what freedom really is all about. Chris aptly defined it as the point between when you receive stimulus and then react. That moment belongs only to you. However, you’ve given it away and thus lost your ability to act in your own best interests. Chris, myself and so many others are working to help you regain take it back. That’s why you need to be at the Liberty MasterMind Symposium in Dallas, TX on June 28-29.

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Each day, Alan Butler takes a free-market look at the news affecting businesses and the economy. You never get the same broken record narrative continually pumped out by the politicians and the mainstream talking heads. Alan believes our nation is fiscally insolvent and financially fragile. He believes that big-government bureaucrats from both sides of the aisle are responsible. Alan thinks the only prospect for real change is to strike at the root of this failed ideology.

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Jay Taylor rejoined us today to give us the post-mortem of the Cambridge House Vancouver Resource Show. The attendance was dismal as was the number of sponsors. This could well be the ultimate contrarian indicator, indicating that the precious metals sector has indeed hit bottom. We’re not willing to take the bet as Charles Nenner has stated that the lows will be tested again in mid-June. But all indications are that the bottom is close, if not at hand. Jay will also be appearing at the Liberty MasterMind Symposium as a speaker. He’s extremely excited at the prospect. The show’s theme of Living Free In An Unfree World is certainly timely.

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Ross Hansen, head of Northwest Territorial Mint (North America’s largest private mint) says that physical precious metals demand has calmed down since the slam down. Premiums have leveled off. The Fed continues on its merry way to oblivion. To stop QE and massive money printing would cause the economic engine to immediately seize up. To continue unfettered money printing at its present rate will lead to inflation and added currency debasement. Therefore, Ross sees it exactly as does FSN, there is no escape from the current course. As an aside, Ross is convinced that the 8,100 ton US gold reserve is still intact. Listen to the interview to find out why.

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We are big fans of the fake reality TV show Pawn Stars. Let’s face the facts, the only thing real about reality TV is the smile on the stars’ faces when they cash their over-sized paychecks. Forbes just interviewed Rick Harrison about life and investing. Not surprisingly, 10 percent of Rick’s portfolio is invested in precious metals. The rest is in blue chips with another 10 percent reserved for speculation. Not a bad formula. The Forbes writer was taken aback at Rick’s precious metals portfolio, typical of a mainstream financial writer. Perhaps the biggest shock was that Rick’s long a leverage silver ETF. His reasoning is quite simple and powerful, he’s in the business and can’t lay his hands on much silver; he thinks it’s overdue for a major increase. On that point, we’re with Rick!

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We caught up with Diana Zoppa and talked about the latest nonsense in the precious metals markets and what it really means to you. Then we went on to our favorite part of the show, which is how you can save money and live better. We put together 10 tips that can you can use to start saving right now. So what are you waiting for? You have nothing to lose but your debt.

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Clay Stevens was back with us again discussing how to tap your untapped potential. We all have it, but few of us ever bother to do what’s necessary to bring it to the fore. Clay has several systems to unlock this powerful force. You need to start by getting focused and then you have to take meaningful action towards your well thought out goals. It’s not easy, but it’s hardly impossible. Just make the committment and put forth the effort.

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Author Rod Pyle spoke with us today. It’s hard to believe that it has been 40 years since Skylab was launched. It was the largest object ever put into orbit. While NASA’s mission is somewhat hazy today, it will become refocused in the years ahead. America’s space capability is still well ahead of other nations’ abilities and should remain so. Private space companies are taking over. They are making rapid progress in their ability to lift men and cargo into space. Newcomers are also on the way and making a huge difference. Perhaps it’s better and more efficient than the government based programs. And there’s been a major development in spaced based agriculture.

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Jeffrey Christian, head of CPM Group, is a controversial figure in the precious metals community, to put it charitably. But part of being informed and up to date, means listening to diverse views and getting all the information you possibly can. No one can doubt Jeff’s intelligence or his ability to read markets and act accordingly. He’s concerned about the world economy and ever escalating debt levels. While he doesn’t see a direct challenge to the dollar from China and elsewhere, he is concerned about the lack of seriousness in dealing with the world’s numerous problems. You should hear what he has to say.

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Author and blogger J. Walker Smith is Executive Chairman of The Futures Company. He is one of America’s leading analysts on consumer trends. He is the co-author Rocking the Ages, a book about generations, now regarded as one of the standards in the field. We discuss what’s on the minds of ‘mid-lifers,’ and how it affects younger generations. For anyone contemplating relocating due to retirement or a second career, or considering the best location for aging parents, take a look at LifeGoesStrong.com. There’s new research on the best places for Boomers to live. You need to consider important factors such as cost of living, crime rate, and proximity to services and transportation.

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James Hirsen a well known writer and attorney came on to discuss the continued slides of American Idol and the American Economy. Perhaps it’s no coincidence that Idol became a hit around the time the US Economy began its grand unraveling. And now Idol is in the midst of its own unraveling, thanks in part at least to Nicki Manaj and Mariah Carey. The world will no doubt be a better place. When you’re trying to understand the state of American Culture, you need go no further than your nearest reality tv show. All of society’s latest trends are sure to be over-represented there.

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Ranting Andy Hoffman stopped by for his regular Monday rant. We talked about the real price of a Memorial Day Barbecue, record high beef prices, the continuation of Japan’s financial implosion and much more. Treasury rates have broken the key 2 percent rate and the last time that happened, we had the multi-billion dollar whale loss by JP Morgan. More mayhem is sure to be visited upon the financial system shortly. Unsustainable systems always collapse and this one will be no different.

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We discussed a recent editorial by uber-Lib Kirsten Powers in USA Today. She argues quite unconvincingly that the current scandals have nothing to do with Liberalism or the size of government. While Democrats certainly don’t have a monopoly on criminality and scandal, Kirsten misses the bigger issues. The scandals currently sweeping DC are the result of Statism. The triumph of the state over the individual.

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Chuck Butler began writing his column The Daily Pfennig in 1999. The Pfennig started as some handwritten market notes and witty anecdotes circulated every morning to help traders stay on top of the economic, currency, and market happenings. Butler’s “Daily Pfennig,” as it is more commonly called today, has become a popular resource for currency investors and traders alike. Chuck was also one of the founders of Everbank, a unique institution that is geared at helping people invest in other currencies and metals. He’s a wealth of information and knowledge and is well worth listening to.

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Mayor Michael “Nanny” Bloomberg has really lost it this time. The days are ticking off until he enters political irrelevancy, and he is not taking it well at all. At a private party, he allegedly threatened to destroy the New York City taxi industry once he is out of office… Their crime is that they successfully challenged Bloomberg’s dictatorial choice for the Cab of the Future. Lastly, I cover the ObamaCare plan’s continued death spiral, and the advent of health insurance policies that pay for virtually nothing… You will not believe this one.

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Volatility in precious metals has increased dramatically over the past month. This is indicative of a market where the movement is from weak hands to strong hands. Gold mining stocks usually lead the price of physical gold. Chris Vermulen believes that following the money is where it’s at. The Big Money guys put their funds where the greatest return is going to be realized. Every country has been bankrupted and things may be getting back to normal, so perhaps precious metals aren’t the best place to be. The validity of this view remains to be seen.

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We caught up with Diana Zoppa and talked about the latest movements in the precious metals markets. Looks like something is getting ready to happen there, volatility is up and perhaps the metals are moving from weaker hands to stronger ones. Also we uncovered some good money saving tips. Next vacation, think about swapping your home for one in the city where you’re heading. You could save thousands. Also, think about bartering services for meals at local restaurants. If you have the right talents it’s a lay up. And before you go to that local attraction, hit the web and see if there’s coupons available.

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In a decades-long career identifying and hunting down spies, terrorists, and other enemies of the United States, counterintelligence expert Chris Simmons became a master in understanding human nature. He learned how to interpret a person’s actions, add context and understanding, shape, and even predict the future acts of others. Since retiring from the government, he has repurposed these tools and insights to help others get more out of life by better understanding themselves and others.

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We spoke with Rob Hanus recently about the proper way to prepare for emergencies. We were so impressed by his depth of knowledge and his experience that we connected with him again. Like everything else in life, there are different levels and degrees of prepping. How far you take it is up to you. At the very least you should have enough food and provisions on hand for at least one week. This will hopefully get you through a major natural disaster. From that point on, the more you’ve put away, the more ready you’ll be for a longer term event. You’ll also want to develop a plan to get your family together, should the need arise. And don’t forget to get an electrical inverter (DC-AC) that will allow your car to power appliances around your home.

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Gary Stokes returned to the show earlier today. Becoming an impeccable warrior should be your primary goal. Become aware of your weaknesses and seek to overcome them. There are no shortcuts. You need to engage in a lifelong effort and never give up. Eventually, you’ll prevail, but it does take a lot work. Cynicism is not the path to success. Cynicism is the act of doubting other people’s motives and actions. It’s impossible to be a happy a cynic, so you need to find another way. While the world is crazy and getting crazier all the time, the situation isn’t completely hopeless.

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Carl Schramm is one of the world’s leading thinkers on entrepreneurship, innovation and economic growth. The Economist has referred to him as the “evangelist of entrepreneurship.” For the last ten years he served as President of the Kauffman Foundation. In 2012 he was appointed University Professor at Syracuse, the 16th person in the university’s history to hold such a position. In addition, he is a visiting scientist at MIT and a fellow at the Institute for Business Innovation at the University of California at Berkeley. He ably explains what starting a business is all about.

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Karen Simpson-Hankins has been called “a go-to mortgage and real estate expert” in the media and a “breath of fresh air” by her clients. A 37-year veteran of the mortgage industry, author, coach and speaker, Hankins is undeniably a consumer’s trusted advocate in home finance. Over her career, Hankins has focused on acquiring the best possible loan she can deliver at the best possible price for every client that crosses her path. She left the mortgage industry in late 2011, because the mortgage industry no longer supported her values with the way consumers were being treated. But she has since realized that she can help more individuals by inspiring change within the industry than being outside the industry! Now, she works one-on-one with consumers as a home loan consultant, coach and consumer advocate to help them garner a better deal on every home purchase or refinance.

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Martin Armstrong spoke with us today. The situation is Europe is getting more hopeless by the day. The markets are as always in control, but the brain-dead politicians don’t get it and they will eventually be swept away. France has outlawed gold purchases for cash. Every ounce must be reported to the authorities. The government wants to seize all private property, which is not going to end well. Major civil unrest is coming to Europe. Youth unemployment is approaching 60 percent. Their future is gone. People have zero confidence in the government’s ability to solve any problem. In some countries, two-thirds of the youth want to migrate to the US. Go figure. And it looks like the low for gold and silver should be made in June.

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We caught up with Barry Stuppler today. Gold and silver were getting slammed yesterday and then presto, they finished up substantially. Helping this along was the threat by Moody’s to downgrade the US’s credit rating and the environment is being sewn for increased gold and silver. We are past the point of no return, austerity won’t work and neither will unfettered money printing. The war on gold entered a new phase recently with France banning gold purchases for cash and increasing government monitoring of all sales and purchases. Expect prices to start heading up shortly.

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Kevin Alexander Gray wants to know who are black politicians more loyal to: the Democratic Party or their black constituents? Have African Americans gained anything from years of participation in the US political system? Formerly one of Jesse Jackson’s key organizers, and still an engaged activist and writer, Kevin Alexander Gray provides a unique, insider’s account of two generations of struggle: from King, X and the civil rights era through to the Rainbow Coalition. The Decline of Black Politics then builds on this authoritative historical account to map a way through our current, impoverished political landscape. Kevin is well worth listening to.

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During Arch Crawford‘s interview last month, he stated that May 20th would be a significant day. Yesterday’s precious metals markets were quite frenetic-starting with a beat down of gold and silver and ending with a substantial upside reversal. And of course the Oklahoma tragedy occurred. It seems to be a pretty prescient call. Looks like there’s more volatility and financial uncertainty ahead. Judging from today’s action in the gold pits, that’s pretty well assured.

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John Rubino and I discussed that based recent history and mainstream economic theory, the past few years should not have been possible. When you cut interest rates to near-zero, run deficits of 10% of GDP and buy up every government bond in sight with newly created currency, you get a boom, end of story. That’s just the way capitalism works. But this time was different. After four years of QE and ZIRP and all the other easy-money acronyms, we entered the month of May with Europe in a deepening recession and the US recovery petering out. We discuss what’s coming next and what you can do about it.

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Andy spent a sleepless Sunday night. He was watching another precious metals smackdown in the making. But then something funny happened. Gold and silver prices reversed their losses and started going up. The silver supply is still tight. Premiums on gold have stabilized but silver premiums are still high. In addition, there’s talk of another credit downgrade by Moody’s. The value of the US’s debt is quite dubious in any event, so what the ultimate affect of a downgrade will be is in doubt.

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If you’ve been listening to and reading the Financial Survival Network for any length of time you know two things: 1) I’m not a financial advisor so I can’t offer you any personal advice and; 2) If you listen to my advice you are certain to lose money in the short term. Anyone who’s an experienced investor has seen the markets frequently make a fool out of you. How many times have you bought a stock only to see it rapidly slammed down leaving you with a substantial loss? While stock price trends are tough to determine, gold and silver price trends are far trickier to get a handle on. Which is why I leave it to others, such as Charles Nenner, Martin Armstrong and Nick Santiago.

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