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Episode 119: Alasdair talks to Marc Faber, publisher of the Gloom Boom
& Doom (new.gloomboomdoom.com) Report. Marc discusses his 40 years
of experience in capital markets and the lessons he has learned.
He
looks at the underlying nature of the American economy and details the
problems arising since 2007. Money printing -- along with the insidious
effects of underreported inflation -- is to some extent disguising the
sorry state of the US economy. Faber is cautious on China, and when
questioned about Cyprus and the loss of depositor funds, raises
pertinent points about the problems that deposit insurance may cause and
what the ramifications of the bailout conditions in Cyprus may have on
otherwise conservative investors.
Listen in for 25 minutes of economic common sense.
This podcast was recorded on 2 April 2013.
Gold Prices Down as Stocks, Equities Hit All-Time Highs-- Why? - Technically Speaking w/ Jim Wyckoff
Gold
prices continue to move downward as stock markets & indices hit
all-time highs, and we're here with Jim Wyckoff for another edition of
"Technically Speaking" to discuss the possible psychology of these
trends, as well as get Wyckoff's market rating for gold & silver
this week. Kitco News, April 2, 2013.
Mad Money Uncovered: Why the Bernanke Punch Bowl Wont Go Away
...
Yes, this has happened, I have realized that gold and silver cannot
compete with the future. And the future is electronic currencies. Over
the weekend I realized that now is the time to sell my physical metals
and bought bitcoins before they really skyrocket. I know most will not
understand and many will be angry but this is something we must all
admit is the future. And to show how sincere I am I am going to let you
in on a nice little secret.... This is April fools and did not happen.
Not only will many be angry but it will also show 2 things... 1) people
do not watch videos to the end, and 2) people do not read this info
section. So I hope you watched the whole video or read this so you can
not get fooled. To those who did... Congratulations. To those who are
just finding out after they had already commented before realizing it
was indeed a prank : You have NO ONE to blame but yourself. ;)