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Yaron Brook – Socialism… Humanity Never Learns

from FinancialSurvivalNet

Dr. Yaron Brook of the Ayn Rand Institute joins us once again for an update on the latest European elections, the assault on private equity firms, private enterprise, and much more. We discussed movies about capitalism, Other People’s Money and Head Office. Yaron also taked a bit about environmentalism, which he believes is often anti-humanistic and usually opposes beneficial human technological developments. The problem with today’s socialists is they really don’t care about people or their happiness.

In the good old days, socialists believed in the common good and the individual’s desire to attain happiness. That’s why we saw Francois Mitterand, an avowed socialist, wind up embracing capitalism after he saw his collectivist agenda steer France over the cliff. Today’s collectivists care nothing about the individual. They are nihilists who revel in their own power over others and simply view the populace or the electorate as a means to that end. Unfortunately, the electorate keeps falling for it over and over again. However, there is hope because the latest round of socialists will fail just like all their predecessors and once again, free market capitalism will rise.

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Joe “SilverFuturist” & “Jackie O” on the Future of Money and Silver

from FinancialSurvivalNet

Joe aka “SilverFuturist”, someone who we met at Hard Assets NY, and his lovely companion “Jackie O” appeared live today on our radio show on 1490WGCH in Greenwich, CT. We talked extensively about using new media to reach people who wouldn’t ordinarily be concerned about such lofty matters. His YouTube channel has gotten over 2.5 million views, and it’s growing every month. We also talked about money: what it is, and what’s happening to it, as well as the best way to acquire metals. We hope you find their take on things as interesting as we did.

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Gordon Long Believes the Tipping Point Has Been Reached in Europe, Watch Out!

from FinancialSurvivalNet

Gordon Long is an engineer, and he has had a long career with larger Fortune 500 companies. He’s also had the opportunity to do a startup and run his own company, from the ground up. He’s an expert in chaos theory and a definite believer in tipping points. He’s quite certain the current economic numbers are faked. Inflation is far greater than admitted to by the government. Accordingly, GDP is way, way overstated, using a hither to unknown method known as “Imputation.” While the government is out there cooking the books, economic activity is actually declining, and the middle class is in danger of extinction. Irrespective of what GDP is stated to be, the underlying truth cannot be denied, the crisis continues in full force and effect.

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‘Ranting’ Andy Hoffman – Europe and the United States will Break Up

from FinancialSurvivalNet

“Ranting” Andy Hoffman joins us for another fun filled wrap up of all the wonderful things that aren’t happening in the world. He sees Facebook as further confirmation of a completely corrupt financial system careening out of control. When the elites deliberately overprice and overhype the biggest tech IPO in history and then see it crash and burn, then you know something important is happening. Combine that with the obvious rise in nationalism across Europe and you know the seeds have been sewn for something truly cataclysmic. With flocks of “black swans” circling the world’s financial centers, waiting to descend at the exact worst moment, it’s time to buckle our seat belts and get ready. It’s important to understand the crisis, which began in late 2007, has not ended. It was perhaps dormant for a couple of years, but it has reared its ugly head and once it takes its course, nothing will be the same, except “Ranting” Andy that is.

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Triple Lutz Report #187 – The Debt Jubilee Is Coming-One Way Or Another

from FinancialSurvivalNet

Last week, I attended the NY Hard Assets Investment Conference. I had a booth and was so gratified that so many of you joined me. It was great meeting you and hearing your stories. It really made me understand that we’re in this thing together and that we, as a community, will come through it together. That’s exactly what FSN has become, a community of like minded people, sharing thoughts and ideas and making it through the Greater Depression together. Speaking of the “D” word, it’s always about repudiation of debt and I present a simple plan for making the world right once again. It encompasses breaking up the “Too Big To Fail Banks,” eliminating most of the world’s debt and government interventions, and letting the market make us all great once again. But, I am a realist, and I know the forces that be will fight this every step of the way. However, certain things are inevitable, and the debt will eventually be repudiated and swept away.

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Eric Sprott – Live at Hard Assets New York

from FinancialSurvivalNet

Eric Sprott had just finished his keynote address at the Hard Assets investment conference in NYC when he took a few minutes from his busy schedule to speak with FSN. While being rational about the recent decline, he was no happier about it than anyone else. Eric understands these markets better than almost, and he’s built his fortune and reputation on the sector. Through his ETF’s, his various investment and financing vehicles, he’s a dominant figure in the industry. Eric says he has no intentions of selling. He made some very poignant points about numerous countries facing their Minsky Moments, the time when the government concludes it can no longer service its debt, let alone pay it off. The number of countries arriving at this crucial event is rising dramatically. So all any of us can do is simply wait and see. If you’re confident in your decisions and understand the system is in a full-scale existential crisis, there’s really nothing else you can do.

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Andy Hoffman – Greece is Huge Deal & it’s Coming to the Forefront Right Now

from FinancialSurvivalNet

If you’re a person that doesn’t really understand what’s going on, but what you see of the current global financial world, like the first ever Japanese pension fund investing in gold, makes you fearful of your own financial survival, listen up! Andy and I touch base again this week and break down the implosion occurring in Greece. We suggest you keep your eyes on that Greece thing! Although the powers that be, aka the Elites, have done everything to make you believe what’s going on with Greece is not a big deal, it is undoubtedly a foreshadowing to global calamity.

Greece is huge deal & it’s coming to the forefront right now. This week it was announced the ECB is starting to cut off some of the Greek banks. This is a precursor to the inevitable, which is Greece succeeding from the Euro currency. This will not be a simple event, and it will result in reneging on hundreds of billions of debt; it will cause hyperinflation and bank runs across Europe then it will move up the totem pole to Great Britain, Japan and the US. This will cause people across the world to really question what debt means and if you can renege on it.

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Ron Hera LIVE at Hard Assets NY – Take the Red Pill, Buy Gold & Silver

from FinancialSurvivalNet

Ron Hera delivers a stinging rebuke to the economic boosters who claim the recovery is well under way and there’s no need to worry about anything and the last thing you need is gold and silver. When educational loans are factored out, food stamp recipients are up, and debt is actually down. In the past decade, the Dow hasn’t had any growth, and when you factor in taxes and inflation, it has actually gone down. Of course gold and silver are the best protection for wealth and these commodities always have been. With the fear of inflation always present, resource based investing is probably a wise move. It provides leverage and the potential to provide a hedge against rising prices. Many of the companies that Ron has recommended in the past have worked out extremely well.

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Danielle Park – LIVE at Hard Assets NYC

from FinancialSurvivalNet

Danielle and I finally met face to face at the Hard Assets investment conference in New York City. One of the great things about FSN is the ability to meet people and make new friends around the world. I’ve been interviewing her and having economic discussions for many months. So holding an interview live was a lot of fun. We talked a lot about the recent precious metals correction. Personally, I believe it’s temporary and defies all reason. The Elites are no doubt behind it, this is their last ditch effort to somehow salvage the world economic system that has served them so well, for so long.

Danielle however, makes a number of valid points about investor discipline. She says we all need rules to guide us when making important decisions. Danielle’s approach is very compelling because once you’ve got a buying and selling plan mapped out, you’re in a position to control your emotions and you won’t make rash decisions at the most inopportune times.

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Fracking Roundtable with Mickey Fulp, Marin Katusa, & Keith Schaefer

from FinancialSurvivalNet

As a regular listener to FSN, you know we are extremely interested in seeing the US tap into and exploit its vast natural resources. Recent advances in hydro-fracking technology have led to massive increases in domestic energy production, but they have also caused numerous environmental debates. Finally last week, the Federal Government handed down its much dreaded rules on the practice, which were surprisingly mild and uncontroversial.

At the Hard Assets NY Conference I was able to get a round table together with our regular guest the Mercenary Geologist, Mickey Fulp, Marin Katusa, Casey Research’s resident energy guru, and Keith Schaefer, a noted authority on the Energy Sector and the editor and publisher of Oil and Gas Investments Bulletin. Together, they all agreed that even Uncle Sam can’t and won’t stop the energy industry from Fracking. There’s no end in sight to the revolution because there are thousands of wells that have been drilled but aren’t in production due to the depressed natural gas prices. It amounts to what some would call a free market in energy, and this is perhaps is the biggest shock of all.

There’s great information here that can’t be found elsewhere. We’re glad to pass it along to you.

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Dan Collins – Straight Talk on China From Someone Who’s Been There For 15 Years

from FinancialSurvivalNet

Dan Collins has been living in China for the past 15 years; he started as an exchange student, but he never left. Dan has worked for a number of large corporations there, at one point as a high level executive for GM China. With this unique perspective, he believes China is in a controlled slowdown, and the government will effectively manage the decline and keep the country crash free and growing for many years. Of course with Europe imploding (China’s largest customer) and many other ominous clouds on the horizon, it’s really impossible to know. But one thing is for certain, if you want to get rich in China, you need to be a high level communist party member. Many of them are billionaires, but there are a lot of other wealthy people in this emerging super power, and they want what we in the United States have taken for granted for many years. Unlike the emerging and growing underclass in the United States, they’re willing to work for it. So if you want to know about China, then you need to hear from Dan, someone who’s right in the thick of things. Find out more about his work at The China Money Report.

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SilverFuturist: LIVE at Hard Assets NY – Seeing the Truth Behind the Propaganda

from FinancialSurvivalNet

Joe (aka ‘SilverFuturist‘) has been a prolific YouTube contributor, posting hundreds of videos on our corrupt monetary and economic system. He takes a subject that many find difficult to understand, let alone explain, and makes it very simple. He does this by avoiding labels, such as Austrian School of Economics, and focuses mainly on causes and effects. Once people understand exactly what’s happening to the economy, their money, and their wealth, things are never quite the same. There are many paths to economic enlightenment, and we must pursue everyone to help as many people as possible to understand and accept what is happening.

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Alasdair Macleod Explains Why the Future of Fiat Currencies is Dark

from FinancialSurvivalNet


When Alasdair Macleod started Finance And Economics he wanted to educate decision-makers and other interested people in finance and economics. Through his unique coverage, Alasdair was all about helping clients make informed risk assessments about current economic events and their likely outlook. Now, his goals have expanded. Through his recent association with The Goldmoney Foundation, Alasdair’s seeking to educate the public about the causes of today’s global economic calamity as well as the possible solutions to it. In this interview, Alasdair makes an extremely articulate case for sound money and the end of the Welfare/Warfare state. Hopefully his words will reach the many people suffering the disastrous effects of Keynesianism and ignorant economic policy.

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Jason Burack – TIPS on Energy Investing

from FinancialSurvivalNet

Jason Burack came back to the show to discuss energy and precious metals, two of his favorite topics. With the global panic now occurring, no one is quite sure of what exactly anything is worth. When unbacked paper currencies hit crisis periods they become unsound measures of value. This is currently one of the biggest problems confronting the global financial system. How do you value goods and services with inherently unhealthy currencies? It becomes harder and harder as the crisis deepens, but Jason is quite confident the metals and energy sectors will continue to be the places where investors focus their efforts. Jason’s upcoming Energy report promises to uncover a number of undervalued plays that could pay off big, if energy prices merely stay in their current range. Should the price of energy rise from here, the profits could be substantial.

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Jim Rogers: Follow Your Passion, Forget Wall St, & Sell Lamborghinis to Farmers

from FinancialSurvivalNet

Jim Rogers is a global financial luminary. He’s called the market right so many times that even the Main Stream Media half listens when he speaks. They don’t want to understand what he’s saying, but they do listen. And now he’s saying that gold may take a breather in 2012, that you need to be following your passion and you should be thinking about farming, not trading. The world is changing, has always been changing and always will be. The key is to get out ahead of the change and use it to help you find your calling.

Jim found his a long time ago. Back when he started on Wall Street, it was not the glorified place that it is today–for now. Rather, it was a back water “wasteland” where the “black sheep” of the family headed. And it probably served its original purpose far better than it does today. The concept of allocating capital, distributing risk and helping the economy grow are completely alien to its current occupants. But Jim believes that in a few short years, it will go back to be a wasteland and allow the rest of the economy to grow. The Too Big To Fails have locked the Country into a cycle of failure, that will end when they finally do fail. Jim is considerate, engaging and intelligent, and he was a joy to have on FSN.

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Exclusive Interview with The Value Guys – Apple’s a Value Stock… Maybe

from FinancialSurvivalNet

The Value Guys Stock Talk Show (Formerly The Value Line Observer) have been doing a show on value stock investing for over 6 years. They’ve done hundreds of shows talking about stocks that appear undervalued, drinking liberally, and warning the audience about the potential adverse effects their imbibing could have on listener’s portfolio returns. But they’ve been Wall Street professionals for over 30 years (31.3 to be exact) and they understand how the game is played.

I discovered them about 5 years ago. During that time, I’ve corresponded with them and always supported their efforts. In fact, their ceaseless dedication to their show inspired me to start the Financial Survival Network, which led to our joint efforts to introduce their product to the world at large. Apart from being skilled, if somewhat intoxicated analysts with a fondness for Grey Goose Vodka, they are extremely charming, engaging and extremely humorous. Listen to our conversation and decide.

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Ty Andros: QE3 Can’t Come Soon Enough For Europe and the Banks

from FinancialSurvivalNet

Ty Andros joined us today for The Wrap. He was full of good cheer and optimism about the world financial system. Not really, but at least gold and silver are great buys right now. Remember, we’ve been telling you for at least a month that some horrible news is coming down the pike. It’s starting to come out now, and it is extremely ugly. Banks are blowing up like improvised, explosive devices in Afghanistan. So, look for more of the same because the monetary system is on knife’s edge. The situation is becoming clearer by the day; within several months, there will probably be no one left on the planet who believes anything a bank or government claims about anything, let alone the economy. Be prepared, that’s the best you can do!

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George Matheis: Preparation is Always the Key to Success and Survival

from FinancialSurvivalNet

George Matheis, Jr. of Modern Combative Systems helps train the police and the military in basic survival skills. He’s made this specialty his life’s work and he has the experience and knowledge to help you prepare for almost any emergency. While it is impossible to be ready for every possibility, you can be ready for many different scenarios where normal public services and infrastructure are not functioning. George doesn’t believe you need to become and extreme prepper to survive most emergencies but having a sensible and well thought out plan will go a long way towards protecting you, your loved ones and your community from these regularly occurring disasters.

You can find his list for essential survival items below. According to George, these are must-haves during periods where either natural or manmade disasters are occurring. Surprisingly, the top items on George’s list have little to do with self defense. Rather, they deal with providing you with enough water and nutrition to get through supply disruptions that have occurred in places like Japan, Miami and New Orleans in the aftermath of extraordinary natural events.

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George’s list of things you should have with you whenever you leave the house:

Alex Daley: The Real Tech Revolution is Just Getting Started

from FinancialSurvivalNet

As chief technology investment strategist for Casey Research, Alex Daley is always on the lookout for the next and greatest technological advancement. It’s in his blood, and it’s his life’s mission. There are so many incredible innovations occurring everywhere around the globe. In fact, healthcare and manufacturing are going through major advances that will leave these sectors unrecognizable. In medicine alone, diagnostics are advancing to the point where doctors now know whether certain cancer medications will be effective on particular patients or not. This is a huge advancement that will improve lives, save money, and make major profits for certain companies. Similarly, manufacturing is about to embrace a new technique that will completely change the dynamics of how products are designed, built, and distributed. The world is not going to look the same, and Alex has the ability to see into the future. He understands that the number of opportunities available to society and its investors has never been greater.

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This 16 Year Old is Smarter Than Ben Bernanke – Elijah Johnson Interview

from FinancialSurvivalNet

16 year old Elijah Johnson, a home-schooled high school student from Ohio, recently had an epiphany. He realized the world’s monetary system is totally corrupt, and every dollar has been borrowed into existence. How has this high-schooler learned more in his brief existence than most of the world’s politicians and central bankers? Perhaps, we should allow only home schooled individuals into positions of political and economic power. We certainly couldn’t do worse than we already have. When we see how young minds excel, once they’ve been freed from the chains of indoctrination and false teaching, we understand how young adults like Elijah truly are the hope of the world. It is unfortunate that by the time Elijah reaches an age where his wisdom could help lead the nation and the world, the current monetary and economic crisis will have long since played out. But perhaps there’s someone a few years ahead of Elijah who’s available now and can lead us in our moment of darkness.

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Don Watkins: Sacrificing for Your Fellow Man is Not Noble

from FinancialSurvivalNet

Don Watkins, of the Ayn Rand Institute for Individual Rights, was appalled by a recent commencement address by Virginia Governor Bob McDonnell, who urged graduates to devote their work and lives to serving their fellow and less fortunate beings. Don argues, as do I, your highest purpose is in best serving your own needs and desires. By doing so, you automatically enable many others to realize their potential, and you take the burden off society and help place it where it truly belongs, on the individuals shoulders. This concept was what once helped make America great; this individualistic focus is what’s needed to bring the world out of its current psychological, emotional, and economic depression. The best part of this theory is no matter what your station is in life, there’s a place and a skill set at which you will excel. It’s really that simple.

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Triple Lutz Report #186 – There’s Gold in Dixon Illinois’ City Hall

from FinancialSurvivalNet

Episode 185 deals with the massive fraud in Dixon, Illinois. Since 1983, the comptroller, Rita Crumwell, had a nice little racket going on. She stole over $53 million dollars, $30 million alone in the past 6 years. It’s truly amazing this could go on for so long in a town of just 15,000 people, with a budget of $8-20 million dollars.

This story intrigued me because at some level this type of scam is happening in every governmental entity in the country. This is not to say that all government officials are looting between 10 and 25 percent of the budget outright. Sometimes it’s billions and sometimes it hundreds, but it’s going on all over he country, and its costing you a fortune. One has to wonder, could Mayor James Burke really be this stupid or is he part of the scam? Who else knew this theft was occurring? Hopefully these questions will be answered in the upcoming prosecution, but remember this is Illinois.

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Peter Grandich: Gold & Silver Don’t Get No Respect

from FinancialSurvivalNet

Peter Grandich weighed in on the latest precious metals rout; he’s not worried and neither am I. All the reasons we bought gold in the first place are still present and actually increasing. Central bank buying, excessive money printing, and all sorts of economic and monetary mayhem are occurring. Now is not the time to lose confidence or hope in a better tomorrow. We helped Peter celebrate his daughter’s 20th birthday because when it comes down to it, while money and economic circumstances are important, they are not the most important things in our lives. When it comes to lasting satisfaction, happiness, and contentment, they aren’t even close to our family and our friends. In trying times like we are experiencing now, it is extremely important to remember this over and over again.

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Ranting Andy Hoffman: China & the Other Central Banks Are Buying Gold

from FinancialSurvivalNet

“Ranting” Andy Hoffman gives us the update on the lastest precious metals slam down; the reasons to own gold and silver couldn’t be stronger. If the prices stay down this low, don’t be surprised to witness a major flood of buying. We’re also getting into the Indian Wedding Season, which will result in increased demand along with massive sovereign central bank purchases. This is worse than 2008, and banks are blowing up all over Europe. Spain has just bailed out its third largest bank. Who’s going to bail out Spain? Greece is planning to reneg on its debt. Who knows which other nations are going to follow Greece to the blessed pastures in the land of sovereign default.

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Gary Wagner: Tracking the Trend is Never Easy Especially Now

from FinancialSurvivalNet

Gary Wagner of The Gold Forecast, master technician and trader, follows markets for a living. The precious metals market never misses an opportunity to humble even the most astute technical trader, just like it did to Gary today. But we’re living in interesting times, and the world’s events are a constant reminder of that fact. While the dollar looks good right now, and the Euro looks doomed, one can never underestimate these volatile markets’ propensity for shock and awe. Just when you think you know what’s happening, boom, Spain blows up. When countries start imploding, it’s extremely difficult to understand how the markets are going to react, especially when they are so highly manipulated and rigged. So that’s the challenge, watch the short term trend, or believe that the long term trend can only go one way.

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Ty Andros: Metals Crash Report – We Won’t Get Fooled Again

from FinancialSurvivalNet

Ty Andros called FSN today, Wednesday, 5/9, to weigh in on the recent precious metals slam down. Given all the money printing and the global economic instability, now is indubitably a good time to be a buyer. Today, we discussed the real story on Chinese inflation, and it’s far worse than has ever been disclosed. Over the past year, meat and food prices have doubled! So this means real Chinese economic growth is far below official statements, just like in the US. So don’t panic, and don’t let your emotions get the better of you. Check out the powerpoint that accompanies the audio, HERE (This links to an MS-PowerPoint document).

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Thom Reilly – Time To Rethink Public Sector Pay, Finally

from FinancialSurvivalNet

Thom Reilly was manager of Clark County Nevada from 2001 to 2006; he got out just before the crash. When it comes to understanding our insane economic world or municipal labor contracts and benefits, he has an insider’s understanding. He’s written a book Rethinking Public Sector Compensation–Whatever Happened to the Public Interest?, and it will be released later this week. In his new book, Thom chronicles the true cost of bloated pensions, lifetime health care, and why things are headed for a possible disaster, if our leadership does not start addressing the issue soon.

Little things like merit, initiative, and creative thinking fall by the way-side when it comes to hiring and compensating public employees. The system is geared towards longevity and achieving the maximum benefit level that the public will pay. Such views, untempered by the reality of the marketplace, have given us an unsustainable state and municipal financial system that is getting ever closer to collapse. If the eventual collapse occurs, the promises that were made to government workers will not be worth the paper they were written on. Thom however, has a number of ideas that can avert that inevitability.

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Danielle Park: Telling it Like Is and How it Will Be

from FinancialSurvivalNet

Danielle Park of Juggling Dynamite joined us for our bi-weekly journey into the economic realities now hitting every person on the planet. There’s no easy way out and sticking with losing systems, just like losing investments, is your surefire ticket to the poorhouse! Danielle explored the current administration’s unwillingness to hold the banksters accountable for the damage they’ve inflicted. While we were at it, we also discussed the fact that the government should finally own up to its major role in creating this ghastly state of affairs. After all, who created Fannie, Freddie, FHA, Sallie Mae and so many other ill-fated quasi-government schemes for inflating Wall Street profits?

Who came up with TARP, the Stimulus, and a host of other initiatives? All these were supposedly aimed at improving the economy, yet they have accomplished exactly the opposite. While it’s true there’s a chicken and egg relationship between DC and Wall Street, the reality is governmental corruption and intervention have done nothing good and left everyone all the poorer. People everywhere need to accept the fact that we’re out of money and that the promises that were made in good faith cannot be kept and must be scaled down. Same with the bailouts, they have failed their purpose, and it’s time to end them and come up with another method of addressing the collapsed financial system.

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Stefan Molyneux: You’re A Debt Slave and You Don’t Even Know It

from FinancialSurvivalNet

Stefan Molyneux of Freedomain Radio visited with us today. Stefan’s an early pioneer in getting the freedom message out to the world; he’s been doing it since 2005. Millions of people have visited his site and downloaded his numerous philosophical and economic discussions. Stefan and I talked about the proper role of a citizen and what types of powers the government should wield and why. We both agree the world is heading for an economic reset, voluntary or involuntarily; it’s going to take place. You need to be prepared for this.

Stefan and I also discussed the administration’s Julia ad, which is a shocking display of the government’s attempt to make you more and more dependent. This type of thinking has led to the expansion and the ultimate failure of this socialistic, fascistic, and unjust system. The idea that most people cannot take care of themselves is anathema to the principles of the Founding Fathers. Eliminating the risk of failure means the ability to succeed will be greatly diminished. Free markets are the greatest guarantor of success the world has ever known. Therefore, governmental paternalism greatly undermines your ability to provide for yourself and your family, which is why its failure is assured.

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Dudley Baker Gives the Inside Scoop on Insiders

from FinancialSurvivalNet

Dudley Baker of Precious Metals Warrants and The Greedy Guru joined us for another look at the recently decimated precious metals mining sector. While markets like we’ve had lately may try men’s souls, he’s confident sooner rather than later, this value and other economic factors will result in a swarm of investors gobbling up these shares. Insider buying, a crucial indicator for Dudley’s model, has been trending up in a number of miners, and this is probably good news for investors.

Dudley gets up-to-the-minute updates on insiders purchases and sales and presents them regularly in his database, along with stocks that have Canadian warrants. This information is often difficult to come by, especially for Canadian mining companies, which is why Dudley’s service has become so popular in recent years. I’ve even used it myself to make some oversized gains. Dudley looks at insider holding statistics because he never wants to own more of a company than the top management does–probably a wise move in these juniors.

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