Free Republic

Things are going down at an escalating rate according to Traderview.com's Ty Andros. He believes the US and the World economies are contracting at rising rates. This is why the debt can't be paid. Real economic growth, which allows for servicing and repayment of debt is non-existent. Of course, if you just rely upon the official government statistics, you won't realize this. But when inflation is properly calculated, deliberate distortions, like implied rent being treated as income, are factored out and the picture looks quite bleak. Ty has said it before and so have many of our guests, buying gold...

Jim Rickards joined the Financial Survival Network to discuss his new book Currency Wars and to discuss the eventual dropping of the fiat money standard. Virtually everyone who doesn't reside in Washington, DC or Wall Street understands that Nixon's closing of the Gold Window 40 years ago, has helped create the unstable economic and monetary conditions the world is now experiencing. At some point, either an economic collapse or a world monetary agreement is going to put the experiment out of our collective misery. Jim doesn't see an economically enlightened leader stepping forward to lead the world into a new...

Bob Chapman joined us today to address your never ending concerns about Greece and the financial tragi-comedy that seems to be stuck on hold. They're burning down banks now and they seem completely unprepared to accept the inevitable lower standard of living that's coming their way. Greece has always been a magnet for tourists and the return to the Drachna could make the country the discount travel capitol of the world. But there's much more that will need to happen before that takes place. Bob also reviews Gold and Silver prospects, which due to the world turmoil have never looked...

He's been publishing The Ruff Times for thirty-four years, in bull and bear markets in stocks and the precious metals. As he says, "I've been around a long time, unlike most of the hot financial advisors and brokers today who weren't even born when I was already accurately predicting the markets. These big shots were the Invincible Optimists at the peak of the last bull market on Wall Street in the spring of 2000, and I was yelling at them (they didn't listen) to get out of the stock market. I think I am one of a handful of real...

Ty Andros joins us today for an economic update covering the latest hotspots around the globe. Ty is not just an Austrian Economics admirer, he’s put the philosophy to excellent use. Armed with his projections he’s able to make common sense calls about the behavior and direction of markets that can lead to good profits. It’s really not a matter of what you know, but how you use it. QE3 is written all over the markets. You see its fingerprints in decreased volatility, the absence of individual activity and a sense that market signals are no longer functioning properly. Sell...

Brother John F of BrotherJohnF.com is an amazingly popular blogger who's site regularly attracts many thousands of visitors. Through his YouTube Channel and his site, he's become a go to source of information about what's really going on in the economy. And we both agree, it ain't pretty. Declining employment rates, declining standards of living, and political instability are all indications of where the state of our nation and our economic prospects are headed. However, John believes that you can avoid much of the economic deluge that is currently hitting our shores by the judicious purchase of silver. While the...

Gary Gibson of www.WhiskeyandGunPowder.com and Jeff Berwick of www.DollarVigilante.com join your humble host for a no holds barred discussion of why they believe that anarchy is the best course for humanity. While one can question the practicality of a world without government, Gary and Jeff have really thought things through and believe that we are all grown-up enough to live without the guiding hand of all knowing government. And while that may or may not be the case, governments today are teetering on the edge and we may have no choice but to prepare for life without them. Certainly government...

David Morgan of Silver-Investor.com and Chris Duane of Dont-Tread-On.Me join our second roundtable on silver investing. Did you know that the inflation adjusted price of silver, just to equal its prior high of $50 would be over $150 per ounce, based upon government numbers. If you were to use the true rate of inflation, pursuant to John Williams ShadowStats.com, the price would be over $400 per ounce. And right now you can buy it for less than $35 per ounce. Sounds like bargain basement prices to your host. What form of silver to buy will vary according to your budget...

"Ranting" Andy Hoffman and I revel in the New York Giant's well earned Super Bowl victory. And of course we couldn't be happier with the Patriots' resounding and well deserved defeat. But while we are extremely happy on the sports' front, the economic arena continues to disappoint. While the Feds continue to release stupendous employment numbers, a closer look "under the hood," reveals a lot of statistical "hocus pocus" taking place. The economy actually lost 2.9 million jobs in January, but through the convenient magic of seasonal adjustments and the much maligned "birth-death" index, the reality is not so encouraging,...

Ty Andros of www.Traderview.com, a speaker at FreedomFest's Global Financial Summit, believes the economic system and the Dollar, as it presently exists, are facing an extinction event. Currency shifts have taken place many times before and will continue to occur; they simply are part of human existence. No matter how hard we try, we cannot change this reality. The solution is to understand where you are in the cycle and invest your resources accordingly. Precious metals are certainly an insurance policy against the resulting chaos, and Ty believes Silver is your greatest ally in protecting and building wealth. As a...

Silver can kill some cancers as effectively as chemotherapy with potentially fewer side effects, new research claims. Scientists say that old wives tales about the precious metal being a ‘silver bullet’ to beat the Big C could be true. The metal already has a wide range of medicinal uses and is a common antiseptic, antibiotic and means of purifying water in the third world. And British researchers now say that silver compounds are as effective at killing certain cancer cells as a leading chemotherapy drug, but with potentially far fewer side-effects. They compared it to Cisplatin, currently used to treat...

Nick Santiago joins us today to discuss technical trading. His exceptional trading site, InTheMoneyStocks.com has been providing investment advice to help the average trader for the last five years. Santiago believes that at best, we're in a short-term pull back mode. But soon, in the next two months or so, the dow will probably top out. Then, we'll get a pretty sharp correction that could last a while. Ultimately, the central banks are going to deflate the banks again. If your looking at the Euro, it's on a one-way train to the downside. The Euro's going lower and that means...

David A. Banister is among a small select group of technical traders who saw the current breakout in gold before it occurred and was well positioned to cash in on it. David doesn't blindly follow technical indicators off the cliff, but rather follows them while keeping the fundamental picture in view. Using his proprietary indicators, he's discovered a number of resource plays that have led him and his subscribers to profits. In the 4th quarter of 2011, he felt gold was being overbought due to its parabolic rise and called for a correction, that proved uncannily correct. Now he believes...

Chris is selling his living and dining room furniture, and he's buying silver. He started buying years ago, but now he's arbitraging the furniture; selling the old stuff for cash, using the cash to invest in silver, and buying new stuff on interest-free credit with small payments. While we can't, in good faith, recommend this move to investors, it does open up limitless possibilities. Perhaps stripping the copper out of your home's walls, selling it for scrap and putting it into gold and silver makes sense. Or, stripping your auto for parts--most cars are worth more dead than alive--and selling...

Jason Burack is a very savvy economic analyst who's got his hand on the market's pulse. He's been following the markets for years, and he knows when a breakout is ready to occur. Jason has dedicated his life to helping you avoid getting taken by the Street. He created his company, Wall Street For Main Street, to empower the individuals and families of Main Street. He won't hand your money over to Wall Streeters and other money managers; Burack is dedicated to teaching you how Wall Street manages money through research, risk management, and fundamental as well as technical analysis....

Yesterday was a watershed event. The Fed capitulated and acknowledged that the economy will require zero percent interest rates into the indefinite future. Just six months ago they were saying the policy would only continue through to the end of 2012. What happened to change their view of the economy? Perhaps, for once, they decided that honesty is the policy. But, that would be too much to hope for. No, they are hell-bent on making things look as good as they possibly can for the upcoming election. They had to acknowledge the obvious: the economy is weak and looking even...

Greg McCoach is a frequent guest on the show. As I've stated before, he is one of the most canny mining stock investors around. His MiningSpeculator is invaluable when it comes to the number of stocks it covers and the depth of analysis it provides. Greg is not one to sugar coat poor performance or less than stellar management. As you'll hear now, "he has a bone to pick" with several companies. But there's a number of other companies that he's extremely bullish about. Greg is brutally honest and never boring. The Financial Survival Network's thesis for 2012 is this...

Bob, "The International Forecaster" and I sat down for a brief chat about the economy, gold, silver and the mining shares. Bob explains that frugal management, especially in the early years, is extremely important. Management should be involved to make profits from the eventual success of the project, rather than cashing in on high salaries and other compensations; share structure is also quite important. When companies have hundreds of millions of shares outstanding, before producing one ounce, this will greatly lessen the potential future share appreciation. Focus is also extremely important; concentration on a few or even just one project...

"Ranting" Andy Hoffman and I sat down again; fortunately, we did it a few days later than usual. We got to discuss the opening parabolic warm-up shot that gold and silver took today. If you've been listening to Andy and the Financial Survival Network, this should have been just another day at the office. We knew it was coming, it was always a matter of when not if. And today, we got our answer. Because the metals have been artificially depressed, there is still time for some real profits, meaning profits over and above the actual inflation rate. The key...

Ron Hera and I are live on the floor at the Vancouver Resource Investment Conference. There were over 500 companies exhibiting and Ron says that in 5 years, half of them won't exist. Ron explains that for a mining venture to be successful you need three things, experienced management with a track record, a property with decent ore grade and proximity to good infrastructure. Of course capital is required, but without these three important elements, you won't have to worry about raising money because there won't be any. Ron talks about several companies he thinks have good prospects. They are...

At the Vancouver Resource Investment Conference, I caught up with an old friend of the show Kirsty Hogg. Kirsty's a gold bull and well known blogger about precious metals and protecting your wealth against the coming economic tsunami. Together we reviewed hundreds of different mining companies and went to a number of well informed company and market presentations. While we may not agree on every company's prospects, we both agree that a gold/silver/natural resource boom is underway. Metals prices are poised to take off once again and the share prices of many miners will go along for the ride. The...

Hoping for an education from some Freepers on history and future of silver and gold prices. When I look at the historical price of silver, it looks like we've seen this trend before in the late 70's and early 80's. Prior to this, it was under $10 an ounce, then spiked to about $50 an ounce, then back down to $10 for a couple of decades. My question is, why should we not expect it to drop back down to a historically baseline price of around $10 an ounce within the next couple of years? If you can answer that,...

Greg McCoach believes that the Junior Gold and Silver Mining Stocks are ready to resume their upward path. He believes that gold and silver are poised for major breakouts. During the summer months and on vacations, it is not unusual to see him flying off to remote mines around the world, searching for great opportunities. He is very close with many of the mining company managers and has an excellent track record of picking winners and avoiding losers. He took unscripted questions from the audience and showed a near encyclopedic knowledge of dozens of obscure miners, who are staking claims...

Less than a week ago, we questioned Ron Paul's real impact upon the issues being discussed in the never ending series of debates that have left every American shaking his/her head. If the candidates were celebrities, their PR staff would have warned them against getting over exposed to their market. And as politics is often referred to as, Hollywood for the Ugly, you really have to wonder. Now, there is clear evidence that Ron Paul has raised the bar. Candidate Newt Gingrich, who has more skeletons in his closet than a Roman Catacomb addressed a group several days ago imploring...

Peter Grandich joins us for the first time today to discuss what's going on with oil & gas, precious metals, and the stock market. Peter has been writing his newsletter for many years, and his biggest present concern is US debt. He describes the US as being in an eye of the storm--we've had the first wave and the back end, which is always worse, is rapidly approaching. Peter refers to the financial professional community as the dont worry be happy crowd. He describes the constant industry refrain that, "Stocks and bonds are always a buy," is just mainstream media...

Miles Franklin’s reigning precious metals guru Ranting Andy Hoffman told us today that Europe’s economic system is toast. There’s no way for the weaker economies to make a comeback and pay down all the debt they’ve accumulated over the past several decades. More importantly to us New Yorkers, however, is that the NY Giants defied conventional wisdom and the prognostications of the clueless mainstream media and defeated the Green Bay Packers. While I know that this is a disappointment to many of my Wisconsin friends, family and fans, nonetheless it made it easier to wake up this morning and come...

Gary Wagner stopped by the show today to explain why technical analysis along with a fundamental grasp of the underlying economic trends and issues gives us the best understanding of where gold and silver are heading. He is quite sure that the vicious precious metals correction has run its course and that we are now witnessing a new upward leg in the precious metals/commodities super-bull market. This means returns for those who are in already will abound, and buying now will be extremely positive. It always seems hardest to jump into a market that appears to be bottoming out in...

The International Forecaster joins us again, this week for our bi-weekly chat. Bob and I discuss the gold and silver New Year's take-off. We touch upon the Commodity Futures Trading Commission's review and investigation of the CME group. The C.F.T.C.'s has been tasked with looking into the leading causes of the MF Global failure. Check out a great interview Bob posted about this at www.theinternationalforecaster.com. Most of us thought Jon Corzine was finished, we were all sure he would never work on Wall Street again. However, Corzine is rumored to be going back into business and is even looking for...

We're back on with Jeb Handwerger to discuss "The January effect," and how to pick the best mining stocks. According to Jeb, gold and silver miners will rise again in 2012, and the time honored trope regarding the month of January will reign true, as the first week of the New Year shows these stocks opening on a bullish note. When asked about the best gain for 2012, Jeb says investors must look at undervalued junior mining natural resource assets--he recommends companies with strong financial positions that are progressing toward the production phase of mine development. As you're all aware,...

Mickey Fulp, the Mercenary Geologist, says that 2012 will be a big year for gold, silver, mining companies, and commodities, including energy. Mickey knows from whence he speaks. He's been a professional freelance geologist for decades. When it comes to picking junior miners on the fast track, Mickey has a simple method of assessing their prospects. He goes to resource shows around the world, sits down with senior managers and asks the tough questions--and this is exactly what is needed. Mickey amusingly quotes Mark Twain's 100 plus year take on mining companies, "A mine is a hole in the ground...

Ranting Andy is back, relaxed and a little calmer after the new year. We got right down to business. Bob, a listener wanted to know why there’s no apparent shortage of silver in the marketplace now. Andy explained that while the paper prices were certainly depressed, the current premium on Eric Sprott’s Physical Silver ETF has hit a new historic high of over 30 percent. Sprott’s ETF is unique in that holders are permitted to convert their shares into physical silver. This means that investors are willing to pay higher premiums than are charged by metals dealers in the physical...

Zerohedge.com is one of the best financial sites out there. They have the insider track on so many issues and have a full depth understanding of the fraud and theft that has been taking place in our financial system for way too long. They believe that Dr. Ron Paul has elevated the presidential debate by raising important issues such as geometric growth of debt, ceaseless money printing, the gold standard and much more. However, to the casual observer, it appears that Dr. Paul has been marginalized by both his election opponents and the main stream media as well. While he...

We interviewed Rick Ackerman yesterday, and he hit us with his prediction that the dollar was headed up. However, he was emphatic this was not an indication of the dollar’s fundamental health but rather a sign of the Euro’s impending slide. The buck is “The best looking horse in the glue factory.” Unfortunately, while misery may enjoy company, it doesn’t make anyone any happier. These are exciting times in which we are living, and there is an end to the major eruptions that we are witnessing. Rick’s hidden pivot system can help keep you ahead of the trend and ready...

Some of my best thinking takes place at the gym; it must have something to do with the enhanced oxygen supply and the high level of endorphins. While doing cardio and aerobics, it suddenly dawned on me that what the world needs is a special bankruptcy court, just for countries. That way, when a country becomes insolvent, they would do what companies and individuals have been doing for hundreds of years, file Chapter 11 (a reorganization plan). When things are really bad they could file a Chapter 7 and simply liquidate the country and go out of business altogether. It...

Andrew Horowitz (TheDisciplinedInvestor.com) has been investing most of his life, but he's not locked into any one type of investment. He's concerned about politicians whose attitudes are to avoid unpleasantry today, in order to enhance the odds of electoral victory tomorrow. Horowitz believes this can-kicking behavior has been going on for a long time, and the situation will continue unabated for quite a while. It is therefore extremely important to regularly revisit your investments, especially stocks, to ensure that the reasons you initially made the purchase are still applicable. Horowitz an optimist by nature, but he believes that as markets...

Ed Steer the produces Gold & Silver Daily for CaseyResearch.com. This is a free newsletter that is vital to anyone who is watching the controlled demolition of the global financial system. It is one of the most widely read precious metals publications out there. Most nights, he starts writing around 7pm and hits the send key 5am the following morning. Ed's been a long standing member of GATA (Gold Anti-Trust Action Committee) and has a unique understanding of the manipulated financial and precious metals markets. He's extremely wary of the primary ETF's (Exchange Traded Funds) GLD and SLV and believes...

Bix Weir of RoadtoRoota.com joins us this week to discuss the impending implosion of the world's financial markets. Bix believes the mother of all crashes is happening very soon, possibly as soon as this March. It could be triggered by the CFTC's implementation of position limits for silver as well as other commodities and their upcoming definition of SWAPs. This is supposed to be done sometime in January, with a 60 day implementation period to follow, and Bix believes this could and will trigger a market crash. He warns us to keep an eye on the European situation--the European and...

Bill Murphy, former pro-football player and Wall Streeter has been leading the charge for over a decade. He claims that the precious metals markets have been fixed by the government, for the purpose of propping up the bankrupt fiat money system. The country and the world have been living beyond their means for decades and now it's all coming home to roost. Politicians and the political system have failed to stem the world's desire for ever bigger and more powerful government. Other than Congressman Ron Paul, no one has stepped up to the plate to make the case for free...

Trace Mayer's blog, www.RuntoGold.com, in addition to precious metals investing, covers a wide range of topics. Trace is an attorney, entrepreneur, author of The Great Credit Contraction, and an all around renaissance man. He reviews his trend predictions for 2012 and believes that all is not lost. Technology is freeing more and more people to pursue their dreams and their passions. Debt slavery is a major challenge, but the collapsing financial debt driven paradigm should liberate many from debtor servitude. More importantly, people must take an honest inventory of their financial and personal assets and liabilities. Before taking on large...

We're back with our weekly discussion with The International Forecaster, Bob Chapman. Although the gold slam down continues and the price per ounce has dropped to a record low, Bob reminds us to remember the difference between paper and physical investments. Precious metals are a long-term investment. Don't be fooled by the mainstream media reports of the Christmas retail boom. The economy is not recovering, Sears and Kmart have announced the closing of over 100 stores and have left thousands of more people unemployed. The lesson of the day: buy while the buying is good. Listen to the Interview

Our weekly discussion with "Ranting" Andy Hoffman continues. The lengths the powers that be continue to stoop to, in an effort to keep the system from blowing up never ceases to amaze. Today, Bank of America was hitting the $5 mark, which has been a clarion call to the elite financial proprietors to do anything necessary to keep the system alive, even if it means destroying investors around the world. When Andy studies the charts, he sees these transparent maneuvers that have been used over and over again. However, now they are becoming less and less useful and are in...

Investors are furious that they can't get back the gold and silver they stashed with the failed brokerage. It's one thing for $1.2 billion to vanish into thin air through a series of complex trades, the well-publicized phenomenon at bankrupt MF Global. It's something else for a bar of silver stashed in a vault to instantly shrink in size by more than 25%. That, in essence, is what's happening to investors whose bars of silver and gold were held through accounts with MF Global. The trustee overseeing the liquidation of the failed brokerage has proposed dumping all remaining customer assets—gold,...

Liquidation Of Customer Stored Gold And Silver Bullion From MF Global Commodities / Gold and Silver 2011 Dec 17, 2011 - 12:27 PM By: Jesse The bottom line is that apparently some warehouses and bullion dealers are not a safe place to store your gold and silver, even if you hold a specific warehouse receipt. In an oligarchy, private ownership is merely a concept, subject to interpretation and confiscation. Although the details and the individual perpetrators are yet to be disclosed, what is now painfully clear is that the CFTC and CME regulated futures system is defaulting on its obligations....

Listen to the InterviewDavid still has a shine for many precious metals stocks, that he believes are trading at extreme discounts. It's times like these that require serious and seasoned investors to simply filter out the noise and concentrate on the fundamentals. And the fundamentals are unchanged and perhaps more favorable to the metal sector than ever before. Governments have gotten neither spending, nor debt under control and don't seem to be very inclined to do so in the near future. This means that until people and governments start to live within their means, not much is going to change...

Bob Chapman, The International Forecaster is back with an important message for all of you scared precious metals holders. Stay the course and buy more if you can afford to. And if you haven’t bought any yet, what are you waiting for? This is a classic precious metals takedown, orchestrated by The Fed, The Treasury and numerous central banks around the world. And if we know anything about market manipulation, it’s that it can only be effective in the short run; in the long run markets always assert themselves and find their true price level. Jon Corzine should be getting...

James Turk and I talk about the interesting times that we're all living through right now. As the founder of Goldmoney.com, James has a ringside seat on the financial chaos that has been sweeping the globe. Even though the prices of gold and silver have recently been hammered, James sees no rush by Goldmoney account holders to sell off their metals. The current downward price spike has taken place mostly on the world commodity exchanges, rather than in the physical market place. It is probably just a matter of time until the decline ends and prices resume their 12 year...

Daniel J. Mitchell of the Libertarian oriented Cato Institute writes in Forbes that the European Central Bank has finally taken the red pill. They’ve figured out that the greatest obstacle to a society becoming wealthy is out of control government. It sure took them long enough. But eventually even central bankers figure things out. Governments have always been the greatest enemy of the common man. By taking power over economic policy and then attempting to control outcomes they eventually do far more harm than good. Keeping interest rates low is a time proven method for blowing bubbles that eventually pop...

Check the price of silver today, and the price of Newt shares on intrade. Newt started falling yesterday and still is. Anyone got ideas as to why silver is collapsing? Or Newt?

Ranting Andy Hoffman is back on the show to discuss the most recent attack by "Da Boyz" in an attempt to convince the populace that everything is fine and that nothing can go wrong. However, even while the price of precious metals appears to go down, there is no evidence of any physical gold and silver holders are paying any heed. They are holding on to their metals caches and even using the brief dip as an opportunity to load up on more. Perhaps they know something that the rest of the population doesn't. As Andy stated, there is a...

Michael Snyder joins us today to discuss the impending global economic collapse and what you and your family can do to survive it. The statistics are bleak, but you shouldn’t allow yourself to become a statistic. We are obviously near a new inflection point in the ongoing collapse saga. Most people refuse to even entertain the possibility, that life as they know it is going to change dramatically in the months and years ahead. Easy credit and the ability to shift vast amounts of debt around the globe is rapidly coming to an end. Those who recognize the new reality...