from FinancialSurvivalNet
Bill Holter was a stock broker for 23 years and retired at the ripe old age of 46. He moved down to Costa Rica, fully expecting the financial implosion that occurred. What he didn’t anticipate was the world’s central banks doubling down on failure. He came to the conclusion that when it comes to survival, there’s no place like home. He moved back to the US a year ago and has been busy getting ready for the dreaded global financial reset. He has some savvy advice for those few who are willing to listen. And at FSN, we’ve been sounding the clarion call since we started, so hearing Bill out is certainly a wise move, which we urge you to do now.
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I’ve become very close with Jay Taylor of 
Ty Andros joins us for the weekly wrap today, Thursday, June 21, to discuss everything from the jokesters at the G20 meeting this week to the EU commission ending the rating requirements for debt. The “Bernank” failed to announce QE3 yesterday, but he extended operation twist. There are unbelievable bankruns going on in Europe right now, and the end game of socialist dictatorships is in sight. So pay attention to what’s going on in Europe and the rest of the world.
Whether we’re talking about climate change, the United Nations, Taxis or anything else the government touches, anyplace in the world, the Ineptocracy always winds up in charge. It’s just human nature. That’s why we need limited government, to keep their reverse Midas Touch from destroying everything in its path.
Legendary investor and financial market historian Bob Hoye joined us for another compelling interview. If you really believe this time is different, think again. Bob has traced this financial calamity and compared it to earlier collapses and the similarities are quite striking. While we inhabitants of the modern world take solace in believing that we’ve learned so much and progressed so far, when it comes to economic matters, nothing really ever changes. And those who refuse to learn from economic cycles are doomed to repeat them over and over. Just ask Spain and Greece and the world’s major banks. Until we completely abandon the economic intervention efforts of Keynesianism, what you see now is what we’ll always wind up with. Only each crash is progressively worse and more destructive than the last one. 
Ranting Andy Hoffman was back for another insight filled show. QE something or other is coming down the pike. If the Bernank doesn’t announce something about it tomorrow, stocks could crash. Greece, Spain and Italy are still basket cases and the US isn’t much better. All of this presents a fascinating backdrop where gold and silver prices will start moving and probably not stop, once the inevitable occurs. Time is on the precious metal bulls side and is certainly running against the fiat currencies and the corrupt governments that have allowed these systems to proliferate and control all of us. Will there be a gold raid on June 20, 2012? No one could be at all surprised if there is, especially Andy. 
Jay Taylor of 
One of the most frequent questions you ask the Financial Survival Network is whether or not it’s time to purchase a home. Which, interestingly, is really a very complicated question. It depends upon your personal circumstances, your ability to service the debt and taxes, as well as your state’s tax rate, among other factors. One thing that is not in doubt, if you’re paying over 4 percent on your mortgage, it’s probably a great time to refinance and reinvest the savings and or cash out into precious metals. But these are questions for you, your financial advisor and your accountant. But you should be thinking about it now.
If you’ve heard Chris Duane’s analysis of current events unfolding around the world, you know that he’s had some startling insights that have proven amazingly accurate. The current acquisition of the LME (London Metals Exchange) by a Hong Kong group is simply a sign of the changing paradigm, Anglo-American to Asian. The elites as always can be found closeby to these goings on. They’re attempting to keep their power even as the balance of economic and military power shifts from West to East. How far this shift will be allowed to continue, or whether it can even be slowed or halted is the $100 trillion question. Right now the Elites have taken a beating and everything appears to be coming up China. But such trends can change in an instant, especially when you’re dealing with people who’ve been running the world for centuries.
Dr. Walter Williams has always been ahead of his time. A free market economist, PHD, leading advocate of personal responsibility, Dr. Williams has avoided stereotypes and has been an active voice for getting the government out of your life. He’s often been heard guest hosting for conservative talk show host Rush Limbaugh, but he’s developed a large following of his own. And no wonder, he’s been fighting a multi-generational battle against ignorance and the belief that government can fix any problem, real or imagined. Dr. Williams has written a number of books, and you’ll regularly see his articles on Townhall.com, which is why we wanted to speak with him about the state of the economy and the ever dimming prospects for freedom. 
Two geologists and energy analysts with no axes to grind, no scores to settle, and no investments they’re hoping will payoff agree that Fracking is safe and necessary from an economic standpoint. In addition, fracking helps to fulfill the United States’ and the World’s unquenchable thirst for energy. The fact is the current administration has set rules that will help the process grow and continue to increase domestic energy production. While there may have been some negative results in the past, much of the rhetoric used by opponents of the technology is false and lacks any basis in scientific fact. While New York’s governor can’t quite comprehend these issues, the rest of the country is moving rapidly ahead in developing these much needed resources.
Greg Hunter of 
Tom Bevan of 
Alasdair Macleod of the 
John Bulter, author of The Golden Revolution, is catching on fast., and the international CFA institute has scheduled John to address a large group of Certified Financial Analysts. Seems main stream companies are starting to worry about the value of their currency holdings. What a surprise that is. At FSN we’ve been warning that the day was coming when large corporations who are sitting on trillions in cash, would start thinking about diversifying their holdings into precious metals. While there have been a number of companies, including Northwest Mutual Life, the University of Texas Endowment and others, there will soon be a tidal wave of large investors seeking the security of precious metals for their company’s cash hoards. John’s right there at the cutting edge.
According to Jeff Clark precious metals mania is on the horizon in the not too distant future. On a long term basis, gold and silver are going to preserve your purchasing power where as cash is not. Since Y2K, the dollar has lost an incredible 26% of its purchasing power, and this trend is going to continue. Although gold has been flat since last September, its purchasing power is still stronger in the long run. Most people havent discovered precious metals yet, and we both agree silver is very undervalued right now. Precious metals should be viewed as your savings; gold and silver prices will go higher from current levels.
James Turk of 
The upcoming Greek election, along with Monday’s news of the $100 billion fix aka the Spanish bailout are at the forefront of global economic news. While they don’t want to call it a bailout, free money is being given, and Danielle says that the people that are trading this market are filled with blind hope. In the past few years, every federal bank intervention has come with big pops in risk assets that have lasted several months. While some people were able to harness this in a trade, most stayed too long and got knee-capped on the way out. It seems that in the past there has always been some hope that the next round of QE would cause markets to pop. But, today the euro bailout scenario is so short lived that no one can really participate in it. Don’t be fooled!
Charles Biderman of 
Peter Schiff joined us again for a discussion of his latest book, 
John and Monica Miller, formerly of Hawaii and now residents of New Zealand, have written the book 
Former Special Agent Joe Navarro has worked on major criminal investigations, counter-terrorism operations, and consulted with world famous poker professionals on the science of reading non-verbal (body language) communications. I recently read his latest book, 
Another Monday, another session with “Ranting” Andy Hoffman. The so-called Spanish Bank Bailout is purely illusionary and isn’t really happening. Rather, it is an effort to convince the people of the world that something is being done and that the situation is under control. In reality, the world economy is being ravaged like a California forest by a wild fire. They’re pouring all the water they can to put the fire out, but there’s not enough water in the world to bring it under control. The fire must run its course, and the best we can hope for is that once the forest has been burned to the ground, we can try to stop it from reigniting.
Bix Weir says things are heating up in Europe and once there’s no Euro, there won’t be a dollar for too long after that. Once Europe implodes, it’s goodbye time for the derivative markets. We’re already seeing the start, in Italy a bank holiday was declared by BNI bank, depositors presently cannot access their funds or pay bills. However, fear not, the bank will still accept payment for debts owed to them. But pretty soon, those debts, along with the bank’s deposits may very well cease to exist. Which is why gold, silver and a quantity of paper notes is still your best financial survival program. Bix will be checking in more as the situation heats up; and, the way things are going, it could boil over at any moment. Thank goodness we have the FDIC in the US. They’ll never let our giga banks go under. You can always trust the government to do the right thing for sure. Ha!
Alan Ellman of