Free Republic

Throughout the history of man and money, there have always been periods of inflation. It happened in ancient Rome, China during Marco Polo’s visit, Germany after World War I, and countless other examples. Milton Friedman once said, “Inflation is first and foremost a monetary phenomenon.” If he is correct, then clearly broad-based inflation in an economy occurs not due to disasters, shortages or other temporary/transitory events, but rather it is the direct result of monetary policy. Too many currency units are produced thus outrunning the supply of goods and services. Sound familiar? Thank you, Jerome Powell. We’ve listed 11 reasons...

Stefan Molyneux of Freedomain Radio has done a ground-breaking recitation and analysis of all relevant gun control arguments and his conclusions are virtually unassailable. Guns cut down on violence, save lives and property and help protect the public. Over 2.5 million times per year, guns prevent robberies and armed assaults on the public. Stefan’s coverage of this always difficult subject, especially in the aftermath of the horrid Newtown Connecticut school shooting, puts the matter into perspective and helps us to understand that the best way to stop gun crime is by allowing honest law abiding citizens to responsibly own and...

www.FinancialSurvivalNetwork.com presents As everyone knows Obamacare was upheld today. The purported conservative Chief Justice, John Roberts, writing for the majority ruled the health insurance mandate was legal, in spite of arguments before the Court, stating that if the government can force you to buy insurance, they can force you to eat broccoli as well. Because after all, it is good for you. We've stated many times on the Financial Survival Network that any time you go to court, it's a "crap-shoot." And this time was no different. While we admit to being surprised, based upon the oral arguments presented, we're...

www.FinancialSurvivalNetwork.com presents Yaron Brook came on today to discuss the ramifications of the upholding of Obamacare. The decision, while in and of itself a shocker, shows us that we now live under a government that knows no limits. If they want to mandate broccoli consumption, the Congress is free to do so. What other dastardly mandates will arise from this Obamanation? This is yet just another part of the systematic assault on personal liberty and freedom. The very idea of forcing people to engage in market place activities against their own will would have made the Founders fly into an...

www.FinancialSurvivalNetwork.com presents: Peter Schiff joined us again for a discussion of his latest book, The Real Crash. While much of what Peter predicted in his prior books has come to pass, the ultimate crash has yet to happen. And judging from his recent testimony at Congress, the elected representatives do not have a clue what’s going and what their previous policy blunders are causing. It is evident that they have absolutely no conception of economic realities and that every dollar the government spends is forcibly removed from the private sector, thereby decreasing economic activity and lowering incomes and taxes that...

www.FinancialSurvivalNetwork.com presents: David Morgan and I have been having too many precious metals panic reports, so we figured it was a good time to give a rally report. Today gold is up over $66 per ounce and silver's rallied over $0.80 per ounce. These are dramatic, sudden, and possibly significant moves. Gold's up over 4 percent in one day, an extremely rare occurrence, with silver following suit; silver's up at just around a three percent increase. There have been signs of a precious metals rally on the horizon. The volume at the downside was slowing dramatically. The volume today was...

www.FinancialSurvivalNetwork.com presents: Our favorite whipping boy Little Brother aka Nanny Bloomberg, formally known as Michael Bloomberg, is at it once again. Nanny Bloomberg wants to ban sugary drinks that are sold in containers larger than 16 ounces. As usual he knows better than you, and he wants you to retain your boyish or girlish figure. But don't be too upset, you can still get that 1,000 calorie milk shake from Mickey D's and as of yet refills don't seem to be on his radar. These out of control, wannabe dictators must stay up nights thinking up these looney ideas. There's...

www.FinancialSurvivalNetwork.com presents: 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...

www.FinancialSurvivalNetwork.com presents: 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...

www.FinancialSurvivalNetwork.com presents: 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...

www.FinancialSurvivalNetwork.com presents: 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...

www.FinancialSurvivalNetwork.com presents: "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....

www.FinancialSurvivalNetwork.com presents: Gary Wagner, 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...

www.FinancialSurvivalNetwork.com presents: 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...

www.FinancialSurvivalNetwork.com presents: 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. Listen to the...

www.FinancialSurvivalNetwork.com presents: 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,...

www.FinancialSurvivalNetwork.com presents: Danielle Park of www.JugglingDynamite.com 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...

www.FinancialSurvivalNetwork.com presents: Dudley Baker of PreciousMetalsWarrants.com and TheGreedyGuru.com 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...

www.FinancialSurvivalNetwork.com presents: "Ranting" Andy Hoffman was with us today to review the ever declining and disintegrating world economy and to offer us his weekly insight into the precious metals markets. While gold and silver prices have been under repeated attack, Spain, Portugal and Italy have become complete basket-cases. Add to that, the election of a socialist government over the weekend in France, declining support for Merkel in Germany, and Conservative Party losses in England, and you have the prescription for a hyper-inflationary bust. In Greece, the major parties only received 35 percent of the vote, with the majority being split...

www.FinancialSurvivalNetwork.com presents: Stefan Molyneux of www.FreeDomainRadio.com 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...