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 Swiss America's Daily Golden MinutePosted M-F 6pm ET David Bradshaw ~ links ~ offers ~ wisdom Editor, Real Money Perspectives ~ weekly email
7-2-09 -- Jobs data jars investors -- LISTEN 
Gold News DailyLive daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: The uncertainty of quantitative easing - LISTEN Bank of Canada researchers said earlier this year that bond purchases by the central bank might disrupt financial markets The success of any so-called "quantitative easing" would be hard to measure.
"When you move into QE it's because you've exhausted interest-rate reductions. The problem with QE is you aren't sure how much you have to do to get the economy growing again." Ludwig von Mises, famous Austrian Economist said "Government is the only agency that can take a valuable commodity like paper, slap some ink on it, and make it totally worthless". Right now we are in the eye of the storm for the dollar. If China disconnects from the dollar the Asian economies can finance their own economic development with sovereign credit in their own currencies, the yuan, and not be addicted to export for fiat dollars that repeatedly lose purchasing power because of US monetary and fiscal indiscipline. As for Americans, is it a good deal to exchange your job for lower prices at Wal-Mart? Isn't this is what our government and the Federal Reserve are doing? China is in the position to kick start a new international finance architecture that will serve international trade better. China has the option of making the yuan an alternative reserve currency in world trade by simply denominating all Chinese export in yuan. This sovereign action can be taken unilaterally at any time of China's choosing. All the Chinese State Council has to do is to announce that as of a certain date all Chinese exports must be paid for in yuan. The dollar is at huge risk which is why the buying spree of gold is escaluating. The future of the dollar look dim but your future can be bright by calling me today to get your free copy called "Golds Future Bright" at 888-867-8978 ext 1510. Remember you cannot stop this train wreck but you can hop off the train! Gold News Daily ~ Independence Day Special Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: The high cost America's Founders paid - LISTEN In honor of July 4th, Independence Day, let's go back in time and see how things used to be. Have you ever wondered what happened to the 56 men who signed the Declaration of Independence?
Nine of the 56 fought and died from wounds or hardships of the Revolutionary War. They signed and they pledged their lives, their fortunes, and their sacred honor. What kind of men were they? Twenty-four were lawyers and jurists. Eleven were merchants, nine were farmers and large plantation owners; men of means, well educated, but they signed the Declaration of Independence knowing full well that the penalty would be death if they were captured. Here is to name a few… Carter Braxton of Virginia, a wealthy planter and trader, saw his ships swept from the seas by the British Navy. He sold his home and properties to pay his debts, and died in rags. Thomas McKeam was so hounded by the British that he was forced to move his family almost constantly. He served in the Congress without pay, and his family was kept in hiding. His possessions were taken from him, and poverty was his reward. Francis Lewis has his home and properties destroyed. The enemy jailed his wife, and she died within a few months. John Hart was driven from his wife's bedside as she was dying. Their 13 children fled for their lives. His fields and his gristmill were laid to waste. For more than a year he lived in forests and caves, returning home to find his wife dead and his children vanished. So, take a few minutes while enjoying your 4th of July holiday and silently thank these patriots. Remember: freedom is never free and we are losing our financial freedom. Call me to get yours secured. To get your free copy of "Gold's Future Bright" call me at 888-867-8978 ext 1510. Happy Independence Day! 
Want the latest gold news emailed daily?Subscribe to Swiss America's Daily Golden Minute Latest Feature Commentary  HYPERINFLATION ALERT!5.18.09 -- By Dr. Fred Goldstein, Sr. Broker, SATC -- Consider what the U.S. is presently doing to create hyperinflation. Our politicians and leaders have resorted to Keynesian economics in tandem with a "too big to fail" agenda. Creating more debt to bail out banks, brokerages, insurance companies and mortgages is at best a temporary fix that inevitably trickles down to hurt all dollar savers. Swiss America is offering a viable economic solution... more...
Latest Special Offers  GOLD'S FUTURE BRIGHT!Why over 75 experts see $2,200/oz. average gold price ahead ... Do you trust YOUR financial experts advice? Have they grown your hard-earned money during the last year, five years, decade? If so, you are to be congratulated! If not, perhaps you should be listening to different experts. For example, some experts say the gold rush is now over...more...
Gold News DailyLive daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: A mixed bag of economic news - LISTEN U.S. mortgage applications fell last week by the most since February, defying efforts by President Obama's administration to revive the housing market. The Mortgage Bankers Association's index of applications to purchase a home or refinance a loan dropped 19 percent last week within in that refinancing declined 30 percent to the lowest in seven months. Unemployment touched a 26-year high in May. Since the down turn in the economy is 7.2 million jobs have been lost. Brian Bethune, chief U.S. financial economist at IHS Global Insight, said "The economy is in a phase of attempting to find a bottom. Anything that comes in the way of that, like higher rates, is going to mean it takes longer."
If we use the same methodologies today that was used to calculate inflation in the late 70's, then the today's CPI number is incorrect at negative 1.3%. It should be approximately 6%. Larry Hatheway, an economist at UBS, said, "As the dollar weakens, gold and silver prices have nowhere to go but up. Gold is hardly an underappreciated asset, given the weakened state of the global economy. But with analysts anticipating the U.S. dollar's declining strength, investors may want to consider carving out more room for gold in their investment portfolios. Severely weakened by the global economic crisis, the U.S. dollar's near-term direction remains under debate but analysts seem to agree that longer term, the currency will emerge worse for the wear." With all the uncertainty is your financial future bright? Call today for your free report called "Gold's Future Bright" at 888-867-8978 ext. 1510.
6-30-09 -- "Gold = Economic Freedom" in 1966... and today -- LISTEN
Gold News DailyLive daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: How bright is your financial future? - LISTEN As I talk with many investors recently there seems to be a disconnect happening. People are not buying what our leaders are saying about the economy and this "rebound". Wilbur Ross, chairman and CEO of WL Ross said yesterday on CNBC, "The U.S. economy isn't likely to recover until well into 2010. The consumer still has not been rehabilitated and that's the big problem halting the return to growth, given that the consumer used to be almost 70 percent of the U.S. economy." He also says "The housing market certainly hasn't stopped going down and It's doubtful that the government's stimulus package will boost growth anytime soon". Speaking of a stimulus, President Obama is calling for another stimulus package, which will likely cause even more inflation.
Since there is so much misunderstanding about gold we put together a report describing why 75 experts see $2,200 price ahead. Call me at 888-867-8978 ext. 1510 for your free "Gold's Future Bright" report. Let's compare some investments year to date in 2009. Dow up 8.3%, Nasdaq 10.8%, S&P and the NYSE are flat. Gold bullion up 6.8% and certain coins are up as much as 28.3%. Today we are closing out the month of June. Historically in the last 8-year bull market Bull Market in gold, June and early July has been the most opportune time to buy gold. How bright is your financial future? Learn what the experts are saying, call for your free report "Gold's Future Bright". Don't take my word for it, learn what the experts are saying.
6-29-09 -- 1 day left to buy gold at June low -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: Ponzi schemes: Big, bigger & biggest - LISTEN Bernard Madoff was sentenced to 150 years in federal prison for masterminding the largest Ponzi scheme in history, a penalty six times longer than those chief executives of WorldCom or Enron scandals.
Unfortunately, I have some personal experience in dealing with the aftermath of Ponzi schemes. I have a client that invested in gold, and also his son who is a stock broker. The father had all his retirement invested with Madoff per his son's advice. He told me two years ago about the incredible returns. I said this is not real! Run and get some of your money. Take a portion "off the table", but my words fell on deaf ears. Looking back I have a client that worked for Worldcom Wireless. He had his 401k in WorldCom wireless stock. He retires, has his party says goodbye and then the house of cards fell. We were going to roll over his 401k and buy gold. He got busy in his retirement, didn't fill out the paperwork and two weeks later his 401k worth 450k collapses to 7k in just a few days. I also have clients that invested heavily with Enron. They can tell you their horror stories that sound identical. When Enron, WorldCom and Madoff, came onto the scene and I looked into it and told my investors this deal is going sour. You are going to get hurt! My words didn't sit well. Ponzi schemes requires an ever-increasing flow of money from investors in order to keep the scheme going. Right now we are on the BIGGEST Ponzi shceme known to mankind. This will unravel just like the others have. Our very own government and the Federal Reserve is acting more like a Ponzi scheme now than ever. China woke up and bought gold. Nine other central banks woke up. Many financial institutions have awakened. Isn't it your turn? Call me at 888-867-8978 ext. 1510 for your free "Six steps of wealth preservation" 6-26-09 -- Saving more and spending less -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: Thrilling Hare vs. Boring Tortoise - LISTEN Yes, that's Thriller being played as our intro today. Many of us are aware Michael Jackson, know as the "King of Pop", died suddenly of a heart attack yesterday. His music has been thrilling for many, which brings us to the markets. Many of us want thrilling markets yet the economic environment is to say the least, short of that. Bloomberg news reports today that Executives at U.S. companies are taking advantage of the biggest stock market rally in 71 years to sell. That's right, sell their shares at the fastest pace since credit markets started to seize up two years ago. Stock sales by CEOs, directors and senior officers have accelerated to the highest level since June 2007. The increase is making investors more skittish because executives presumably have the best information about their companies' prospects. Joseph Keating, the chief investment officer of Raleigh, North Carolina-based RBC said, "If insiders are selling into the rally, that shows they don't expect their business to be able to support current stock- price levels."
Recently China and Corporate America have been stepping into gold. This trend, which is escalating, will move to a massive level. Why not you? I know my market in gold is boring. But boring is good. Many people want the thrill; they want to be the rabbit in the race. Gold is the tortoise, slow, boring, but safe, consistent and reliable. Has your portfolio grown 20% plus year after year for 8 years now? Gold has. China and many others believe inflation is coming and when it does then the gold market will be quite thrilling but until then boring is good and safe. Call for your Inflation Protection, Kit at 888-867-8978 ext. 1510. Until next time, this is David Fischer with Gold News Daily.
6-24-09 -- The almighty dollar's days numbered? -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: Fed prints, Obama spends, Americans pay - LISTEN Warren Buffett is in the news today saying that the US may need a second stimulus package. Three weeks ago you heard me say that Warren believes inflation this time around has the potential to be much more severe.
Last week, the leaders of Brazil, Russia, India and China -- whose governments are some of the world's largest dollar holders -- jointly declared the need for a "more diversified international monetary system," sparking a huge drop in the greenback on world markets. In recent months, China in particular has led a campaign for a new world monetary order, arguing that the financial crisis has exposed profound vulnerabilities in the U.S. economy and put a crack in the U.S. financial system. Those flaws, critics argue, show it is simply too risky for the world's central banks to rely largely on the dollar for their global reserves. Would you solely rely on a currency when it's government can't balance their checkbook? If not then you need to call for your free "Six Steps of Wealth Preservation". Martin Weiss says, "The dollar's global status has allowed the U.S. to have a free pass on financing our deficit" Let's connect the dots: The Fed prints money at the speed of light. President Obama spends money at the speed of sound. The world is screaming to stop this nonsense, yet Buffett says much more stimulus is needed! You cannot stop this train wreck, but you can hop of the train! Listen as if you life was dependent on it! We cannot avoid inflation. It is a foregone conclusion. The imperative question is are you ready for inflation? Call me right now for Inflation Protection Kit at 888-867-8978 ext. 1510.
6-23-09 -- Gold rises as dollar falls -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: Road to destruction paved with debt - LISTEN Bloomberg reports, "US household wealth fell in the first quarter by $1.3 trillion, extending the biggest slump on record, as home and stock prices dropped." Yikes! In just the first three months of the year!
Robert Reich, Labor Secretary under Clinton said, "Everything that the White House does concerning this deep recession contains an element of gambling because no one has been here before." The road to destruction has been paved with debt; borrowing by consumers, businesses and government agencies which increased at an annual rate of 4.1% last quarter compared with a 6.2% gain the prior quarter. The gain was paced by a 23% surge in borrowing by the federal government, linked to the stimulus plan. This doesn't even count borrowing by state and local governments, which increased at a 4.9%. How about repayment? At least three banks so far could not make their TARP payments to the government. Bill Bonner at The Daily Reckoning notes, "Some habits are hard to break. The habit of getting something for nothing is one of them." Bill Gross says "The official US debt is exploding. It will be 100% of US GDP within 5 years." What is the spending habit of the government? If you think the problem is just going to go away let's get real. You can't fight the government but you can fight for your money. Call and get the facts 888-867-8978 ext. 1510 for your free "Six steps of wealth preservation." Prepare now ... for inflation later. Lets look at some numbers: $14 trillion (GDP), $11.3 trillion (current national debt), and $3 trillion (MORE national debt will accrue this year alone). You cannot spend your way into oblivion without huge ramifications being inflationary. Your destiny is determined by one small step at a time. Take that easy step and call me for your free Gold Information Kit. Until tomorrow, this is David Fischer with Gold News Daily. 6-22-09 -- June best month to buy gold low -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Fischer: News Roundup - LISTEN
6-19-09 -- Metals steady as Fed's role questioned -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! Curtis Frank: Giants Go For Gold - LISTEN Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, has bought gold for the first time the company's 152-year history to hedge against further asset declines. "Gold just seems to make sense; it's a store of value," Chief Executive Officer Edward Zore said in an interview following his comments at a conference hosted by Standard & Poor's in Brooklyn.
"The downside risk is limited, but the upside is large," Zore said. "We have stocks in our portfolio that lost 95 percent." Recent news of Northwestern Mutual Life's large purchase comes on the heals of an even bigger giant looking for safety. That giant being CHINA. "China is expected to keep buying gold to diversify its vast foreign reserves after it recently revealed it had been secretively buying bullion." Hou Huimin of the China Gold Association, forecast that China's gold reserves could rise in the long term to as much as 5,000 tons, states The Financial Times. If large institutions and countries are accumulated gold now more than ever, should you too? Give us a call today to receive our free report to see if you qualify for gold in your portfolio. It's a comprehensive and simple report that will educate nothing more, nothing less. What do you have to lose. Its not for everyone but if you have an IRA, 401k or money market, you need to call today. 1-888-867-8978 ext. 1510.
6-18-09 -- Gold safest asset to buy -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! Curtis Frank: Understanding the FED - LISTEN Are you aware that the Federal Reserve is not federal and has no reserve? The Federal Reserve banks are no more federal than Fred Smith's Federal Express!
A few years prior to 1913 a number of private bankers, under the cover of night, boarded a train in Hoboken N. J. They set off for a little island called Jekyll Island, where, after days of meeting, they sculpted what would referred to as the Jeckel Island Accords. Later the Jekyll Island Accords became the Federal Reserve Act. What is interesting is that ever since the inception of the Federal Reserve we have had; the Great Depression, the boom of the 50's, the wage & price freezes of the 70's, the boom of the 90's, an the bust of the early 2000s, the bubble of 2005 and now the bust of today. What are you doing to protect your finances? To learn more on what to do to safeguard your IRA, 401k's and personal savings accounts call us right now for your free "Fed: Fraud of the Century" report and Gold kit. Every investor needs to have some gold, so call us today and we will give you the tools to protect and grow your money…. Should the Federal Reserve be going a better job with your and my money? I think so! Lets learn from history to better prepare our families and our finances for the future!
6-17-09 -- Gold rises despite "tame" inflation -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! Curtis Frank: $20 BILL VS. $20 GOLD - LISTEN
Gold can be intimidating to some investors. Although it has been the only true form of money for over 6,000 years, some investors today still don't understand its necessity nor why gold has been growing over 20% percent a year since 2001. Let's break this down very simply.
If you go back to the early 1920's, a $20 bill and a $20 gold piece worked exactly the same in our economy. It used to be that you could go down to a local men's shop and buy a beautiful three-piece suit with either a $20 bill or a $20 gold piece. Now lets accelerate ahead in history 85 years later. You walk into a neiman marcus today with a $20 gold piece and a $20 bill, and what happens? Well, with a $20 paper bill, you'd be lucky to buy a nice tie, but a $20 gold piece, even in the worst condition is worth $900 today -- still ample enough money to buy a nice three-piece suit. Did the $20 paper bill maintain buying power? Absolutely not! If you look at American history, it illustrates that gold will always outperform its paper counterpart. That truth now is more apparent than it ever has been in our history, wouldn't you agree? The Fed is going to continue to print money to pay for the bank bailouts, auto bailouts, Health Care reform and our ever-growing debts and deficits. To learn more on what to do to safeguard your IRA, 401k's and personal savings accounts, call us right now for your free Gold kit. 1-888-867-8978. We will include our free report Inflation Solution and our Gold 101 dvd. Every investor needs to have some gold. Call us today, we will give you the tools to protect and grow your wealth. Do you want to have all of your money in paper, or should you have some assets in real money -- gold? Lets learn from history to better prepare our family and our finances for the future.
6-16-09 -- Dollar slips on status worry -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! Curtis Frank: The Worst of Both Worlds - LISTEN
Traditionally during times of inflation home prices rise in value and offsets the lose in buying power associated with a weaker dollar. This time that is not happening and as such people are buying gold to protect against the loss of buying power. This strategy will be the only way to hedge against inflation until housing recovers which by all assessments is some time in the future. Bottom line: Gold makes more sense now then every before. Things we own are dropping in value. Things we buy and use to stay alive are increasing in costs. This is not just in America but throughout the world. Thus the world has a big appetite for gold and that appetite is not going away any time soon. Americans are starting to wake up to that reality and ARE buying gold for their 401K's, IRA's and personal investment accounts. How do you begin? What's the first step? For your comprehensive guide to safe guarding your retirement and for help to stop the losses in your IRA AND 401k, call us today. We will also include our acclaimed GOLD 101 DVD and complimentary CD economic realities by Michael Savage. 1-888-867-8978, 1510.
6-15-09 -- Metals dip to 3-week lows, buy -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! Gold FAQ with Curtis Frank - LISTEN
Swiss America receives thousands of inquiries a week from average investors like you and I looking for an education on how they can protect their IRA's, 401k's and nest egg. For a bit of insight, today we turn to Curtis Frank. What are some of the most popular questions asked by the normal investor you speak with? Curtis: I think most investors watch the news and read the newspapers and ask themselves what is so appealing about this investment? Why is GOLD talked about where ever I turn? Dave, One of the first questions our clients ask is, Is it too late? Did I miss the move? To that question I will ask them if they really know what drives gold prices. Many don't actually know. When you understand what moves gold prices, it is easy for an investor to grasp and understand. Gold prices respond to change in currency values examples- dollar, Euro, yen. Gold responds to rising inflation. Example: the higher prices we pay on gas, food, and living expenses… And gold also responds to geopolitical and economic situations such as Conflicts in the middle east, our global recession, out of control government spending. Call 888-867-8978, ext. 1510
6-12-09 -- Gold dips, experts bullish -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! David Bradshaw: "Still trust your financial expert?" - LISTEN
So far the commodity super-cycle has swept gold prices up threefold since 2001. Impressive. But that's just the kickoff phase according to scores of experts surveyed by Swiss America since 2006. These experts say gold is finally going mainstream as the best alternative to a declining dollar. How high will gold rush? We should expect at least $2,200 an ounce gold, signaling the world's fading confidence in paper currencies and U.S. government debt. In April 2006 Swiss America CEO CRAIG R. SMITH said: "Gold is clearly headed above $1,000/oz. and is still a great bargain today," to CNBC Squawk Box. Since then scores of analysts and experts have chimed in with dozens of smart reasons to include gold coins in a balanced portfolio. Respected experts explain further ... * "Gold is poised for a dramatic surge and could blast through $2,000 an ounce by the end of 2009," -JOHN HILL and GRAHAM WARK, Analysts at Citibank. * "The world's authorities are taking steps never tried before. This gamble was likely to end in one of two extreme ways: with either a resurgence of inflation; or a downward spiral into depression, civil disorder, and possibly wars. Both outcomes will cause a rush for gold," -AMBROSE EVANS-PRITCHARD, International Business Editor, London Telegraph. * "Gold just seems to make sense; it's a store of value. The price could double or even rise fivefold if the economy continues to weaken" -EDWARD ZORE, CEO, Northwestern Mutual Life Insurance, Bloomberg.com, 6-2-09 * "With gold near $1,000 an ounce it has become the world's defacto currency. Gold has reached new highs in every major currency in the world except for the dollar and we believe it will soon achieve new highs, in dollars this time to $2,000 per ounce," -JOHN ING, CEO, Maison Placements, SafeHaven.com, 5-5-09 Gold ownership offers safety, liquidity & growth in 2009. "Gold's Future Bright" is a complimentary special report with forecasts by 75+ prominent gold experts compiled over the last three years. Also included; 2009 "Rare Opportunity" DVD and "Financial Light of the World" newsletter.
6-10-09 -- Rising gold a fact, not a myth -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! Rich Cromwell: "Time to audit the Federal Reserve" - LISTEN 6-9-09 -- Dollar falls near '09 lows, metals rise -- LISTEN 6-8-09 -- $950 gold "still not too late" -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! 6.8.09 -- Rich Cromwell reporting -- LISTEN
6-5-09 -- Commodities dip as dollar firms -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! 6.5.09 -- Volatility: the word of the day -- David Fischer reporting -- LISTEN Mark O'Byrne, executive director at Gold and Silver Investments Ltd. said, "Gold will likely be increasingly used as a safe-haven monetary asset to protect and bolster national currencies as it has been throughout history," "As the common currency to the world devalues, then gold by extension has to gain in value," said Marcus Hudson, president at Hudson & Associates, a hedging advisory firm. "The main reason why gold has been skyrocketing is because investors are running out of places to park their money," said Kathy Lien, a currency analyst at Global Forex Trading. "The dollar's reserve status is at risk with central banks from the world talking about diversifying out of U.S. dollars. Gold offers one of the few respites from a world where fiat currencies are being crushed by quantitative easing programs." Sam Subramanian, editor of AlphaProfit Sector Investors' Newsletter says "Nations like China are actively looking to diversify their foreign exchange reserves away from the dollar and showing a liking for gold."
Northwestern Mutual Life recently bought 400 million in gold according CEO Edward Zore. Around the same time hedge funds managed by John Paulson held almost 9% in gold. David Einhorn of Greenlight Capital, also well-known hedge fund manager, has accumulated a substantial exposure to gold. Call today to get your exposure to gold. Thousands of others have discovered how to take advantage of gold in their 401k and IRA's. Learn about the second Phase of a raging Bull Market in gold, call 888-867-8978 ext. 1510. Until then this is David Fischer with Gold News Daily. 6-4-09 -- Gold to retest $1,000/oz. soon -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! 6.4.09 -- David Fischer reporting -- LISTEN Yesterday's dollar boost was erased after new data gave a mixed outlook for the services and manufacturing sectors of the U.S. economy. The dollar index rose Wednesday for the first session in five, but today closed down. Gold is still up more than 13% this year. "The dollar should continue its slide and gold its rally," said Zachary Oxman, managing director at TrendMax Futures. Fed Chairman Ben Bernanke spoke yesterday saying, "Unless we demonstrate a strong commitment to fiscal sustainability in the longer term, we will have neither financial stability nor healthy economic growth. Maintaining the confidence of the financial markets requires that we, as a nation, begin planning now for the restoration of fiscal balance." What is the FED shutting down the printing press now? Is the Treasury no longer issuing Treasury's? Did the Government throw its checkbook in the trash? Come on let's get real Ben! None, absolutely none of this is going to happen! US Treasury Secretary Tim Geithner's trip to Asia has been heralded as a sales trip aimed at convincing the Chinese to keep buying US Treasuries and thereby finance US deficits. Such headlines are an insult to the Chinese. Former Fed Chairman, Paul Volcker, who is head of the White House's Economic Recovery Advisory Board is a key adviser to President Obama, expressed concerns about inflation as a way of dealing with mounting debt. "One historic way of getting yourself out of this situation - or trying to - is to inflate. Either you do it deliberately or you allow it to happen," he said. "And if we permit that to happen then I think all these dollars will come tumbling down on us. The U.S.'s greatest strength is its history and reputation, and suggested that shouldn't be put at risk. There has never been a country where it's currency avoided inflation when it has done what our nation has been doing." Nervous about inflation? Volker is. China is. Buffett is. And as of yesterday, Northwestern Mutual Life is. How about you? Be honest. Our government can't seem to manage money anymore now than ever. Isn't the Fed and the White House out of control? Call me today to get your financial house in order at 888-867-8978 ext. 1510. Until then, this is David Fischer with Gold News Daily.
6-3-09 -- Commodities dip on dollar bounce -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! 6.3.09 -- David Bradshaw reporting -- LISTEN * Dump dollars before central banks do: "Holders of U.S. dollars should diversify before central banks and sovereign wealth funds ultimately do the same amid concern about surging deficits. The U.S.'s fortune-producing capabilities and relative standard of living seem to be declining," said Bill Gross, founder of PIMCO to Bloomberg. * "A broad-based decline in stocks Wednesday was led by sectors most dependent on an economic recovery as investors focused on mixed signals on jobs and service-sector activity. Investors also paid close attention to congressional testimony from Ben Bernanke, who warned that the government can't borrow "indefinitely" to meet the growing demand on its resources," reports MarketWatch. * "Fed Chairman Ben Bernanke told Congress Wednesday that a gradual recovery remains on track for this year, and inflation would remain low given the slow pace of recovery. "Improving economic conditions and stable inflation expectations should limit further declines in inflation," Bernanke reports WSJ. * Is the Stock Market Rally an Illusion?: "It will be a trading-range market characterized by volatility. It will be an environment that will benefit active investment managers as opposed to passive investors. If you are in the 'buy and hold' mentality, this is not a market for you," said economist David Rosenberg to TIME. * Is Your Portfolio Ready for Hyperinflation? "There are plenty of reasons to be worried about the risk of inflation. No wonder "Black Swan" author Nassim Nicholas Taleb and Universa Investments' Mark Spitznagel are launching a new fund to bet on it. They're looking to gamble on likely inflation winners, like commodities and perhaps gold, and against the most likely loser -- Treasury bonds," reports WSJ.
6-2-09 -- Gold just seems to make sense -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! 6.2.09 -- David Fischer reporting -- LISTEN “There’s been a lot of talk out of Russia about a new global currency, and that’s contributing toward this latest bout of dollar weakness,” said Henrik Gullberg, a currency strategist in London at Deutsche Bank, the world’s largest currency trader. “These latest comments are just adding to the general dollar weakness we’ve seen recently.” This month Russian President Dmitry Medvedev will discuss his proposal to create a new world currency when he meets with Brazil, India and China. Speaking of China: Timothy Geithner, The US Secretary Treasury yesterday was in China and gave a speech at Peking University, where he studied Chinese as a student in the 1980s. He said, "Chinese assets are very safe." This statement immediately drew loud laughter from his student audience. Why do you think that is? Chinese have always been better at math than Americans. However, there are many Americans ( mostly our leaders) that can use a little third grade math to see what's going to happen with the Obama stimulus. Let’s all say it together, ready! INFLATION! Call and find out how this causes gold to continue to rage in it Bull market. Call 888-867-8978 ext 1510 for your free report for 6 simple steps to have wealth preservation. China is not the only one buying gold. The third largest life insurance company bought gold recently. Northwestern Mutual Life for the first time in it’s 152 years history has woke up “Gold just seems to make sense; it’s a store of value,” CEO Edward Zore said “In the Depression, gold did very, very well.” Northwestern Mutual has accumulated about $400 million in gold, and Zore said the price could double or even rise fivefold if the economy continues to weaken. Tomorrow, listen in with my associates Richard, Curtis, and I on KFNN 1510 at 12:00-1:00 as we will be talking live taking your questions on Gold. Until tomorrow this is David Fischer with Gold News Daily.
6-1-09 -- Metal prices best economic indicator -- LISTEN Gold News Daily Live daily at 3:30pm on KFNN, 1510 AM in Phoenix! 6.1.09 -- David Fischer reporting -- LISTEN “The global industrial engine is restarting and that will mean these industrial commodity prices will continue to rise,” said Lakshman Achuthan, the New York economist who predicted in November that the world was headed for its worst recession since at least 1981. He say’s “There are very clear signs that demand for commodities is improving.” The storm is brewing experts are seeing inflation on the horizon. Since the dollar slumped last week to a five-month low this is, bolstering demand for energy, and metals as a hedge against inflation. The looming threat of inflation along with the tumble of the dollar and the unabated gush of government debt also are pushing bond prices lower. Call for your free report on inflation. Prepare your 401k, IRA and personal assets in gold. Call 888-867-8978 ext. 1510 Mike Larson, analyst at Weiss Research said, "The reality is the Fed is totally out of control here. It's causing all kinds of unintended consequences in this monetization of US debt and the debasement of the US dollar," Both the dollar and longer-dated government bond prices have been taking a beating lately, the results of which have been on display during mostly tepid government auctions and in currency trading around the globe. According to CBS Marketwatch the dollar has been more like a pinata than a reserve currency lately. Richard G. Anderson a vice-president and senior economist at the Federal Reserve Bank of St. Louis wrote “A country’s long-run inflation is caused primarily, or perhaps exclusively, by increases in it’s own monetary base” China is buying Gold? Why not you? Make it your year of the OX call, get knowledge, plant seeds and reap your harvest. Actually make this year, and years to come, for yourself “The year of the Bull…join the bull market in Gold” Call and find out why Merrill Lynch as said $1500, Citi has said $2000 gold in the near future. This is David Fischer with Gold News Daily… 5-29-09 -- Metals outshine stocks in May -- LISTEN Friday gold prices bolted near $980/oz. as dollar sunk below a key support level and stocks closed higher. Gold last traded up $20.60 to $979.60/oz., silver rose $.64 to $15.79/oz. For the week gold gained 2.5% and ended the month up 10%. Meanwhile, silver prices lept up nearly 7% (or $1.05/oz.) this week for an amazing 27% gain in May... MAY market news & views... GOLD NEWS DAILY Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.28.09 -- May investment scorecard -- LISTEN * The dollar fell 6% in May hitting fresh five-month lows Friday amid fears over the impact of aggressive stimulus spending. "If the dollar continues to be sold, the next target for gold is $1,006/oz., the peak we had in February this year. That is feasible over the next week or so," said Tom Kendall, strategist with Mitsubishi to Reuters.
* "The Fed is going to have to consider doubling its purchases of Treasuries. We could be nearing the end-game for the US dollar but the Fed has little choice at this point," said Ashraf Laidi, from CMC Capital Markets reports Telegraph. This afternoon Swiss America CEO Craig Smith explained to CNN radio the reason for rising precious metal prices this way... "We are experiencing DEFLATION in personal assets such as our homes, while we are experiencing price INFLATION on the products we use to live on.....food, gasoline, education etc. This is the worst of both worlds. Traditionally during inflation home prices rise in value to offset the loss in buying power associated with a weaker dollar. This time that's not happening so people are buying gold to protect against the loss of buying power. Not just in America but throughout the world, which has a big appetite for gold that is not going away any time soon. Americans are starting to wake up and buy gold for their 401K's, IRA's and personal investment accounts." Call 888-867-8978 ext. 1510 today for a complimentary copy of "Inflation Inoculation" and they'll include a Gold 101 dvd, discussing everything you need to know about gold investing in less than an hour. Get up to speed on gold fast with Swiss America. As Daniel Webster once said "Of all the contrivances devised for cheating the laboring classes of mankind, none has been more effective than that which deludes him with paper money." 5-28-09 -- Inflation concerns stir gold buying -- LISTEN Thursday gold prices jumped over 1% on a weaker dollar as stocks rose despite housing and oil worries. Gold last traded up $11.80 to $960.10/oz., silver rose $.40 to $15.15/oz. "Inflation concerns stirred buying into the yellow metal after U.S. crude prices rose above $64 per barrel. Heightened military alert for the Korean peninsula by the United States and South Korea over a nuclear test by the North boosted the safe-haven appeal in gold," reports Reuters... MAY market news & views... "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.28.09 -- David Bradshaw reporting -- LISTEN * "The U.S. economy will enter hyperinflation approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said. Faber said he’s adding to his gold investments, advised buying the precious metal at the start of its eight-year rally, when it traded for less than $300 an ounce," reports Bloomberg.
* "Stocks pushed higher Thursday as a better-than-feared auction of seven-year Treasury notes instilled increased confidence in an economic recovery. Major indexes had seesawed all morning as better-than-expected reports on jobless claims and durable-goods orders was followed by discouraging new home sales data," reports WSJ. * "The stock market is wary that a spike in interest rates will derail a fragile economic recovery and snuff the market's rally," reports CNBC. * So what is China, the #1 dollar holder doing to protect and preserve wealth from a dollar decline and potential hyperinflation? All dollar holders should take heed. We've identified 6 steps China is now taking in a new complimentary Special Report entitled "Inflation Inoculation". #1 is buying gold ... #2 is maintaining a strong balance sheet ... #3 is buying natural resources ... #4 is reducing paper holdings... Get the full report for details on all six steps to preserving and growing wealth, Chinese style. Call 888-867-8978 today for a complimentary copy of "Inflation Inoculation" and they'll include a Gold 101 dvd, discussing everything you need to know about gold investing in less than an hour. Get up to speed on gold fast with Swiss America. As the ancient Chinese proverb says; “Dig the well before you are thirsty.”
5-27-09 -- Gold target $1,250 says bank group -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.27.09 -- David Bradshaw reporting -- LISTEN
* "A large number of the people who get better terms for their monthly payments still walk away from their homes," reports The Wall Street Journal, "A conservative projection was that between 65% and 75% of modified subprime loans will fall 60-days or more delinquent within 12 months of the loan change." That makes the problem so severe that any effort to turn home prices back in the right direction is likely to fail." * "U.S. stocks slid Wednesday afternoon as investors unwound recent bets on a U.S. recovery and Treasury yields jumped. "The equity market and Treasury market are reflecting the current concerns about increased Treasury issuance and the Fed's balance sheet," said Craig Peckham of Jefferies," reports WSJ. * China warns Federal Reserve over 'printing money': Richard Fisher, president of the Dallas Federal Reserve Bank said: "Senior officials of the Chinese government grilled me about whether or not we are going to monetize the actions of our legislature," reports London Telegraph. Just yesterday BusinessWeek reported "The Chinese are getting serious about replacing the greenback with the yuan as the global economy's reserve currency." So while the Fed is printing money galore, the value of gold keeps rising. Get this ... * "The value of all the gold in existence since the time of Christ is currently worth about $2 trillion. Just the costs to bail out the economy so far going to be more than six times all of the gold that’s been produced over the past 2,000 years ($12 trillion) not including Social Security, military, infrastructure reports The Aden Sisters. "The dollar will fall sharply and gold will soar. Interest rates will eventually move much higher and bonds will plunge." * Bloomberg reports; "Gold may target a record $1,250 an ounce in 2009 as a continuation head-and-shoulders pattern may be forming within a longer-term trend, Standard Bank Group said. A break and close above $1,050.40 provides warning that an important breakout has occurred." Get positioned before the breakout. Call 888-867-8978 today for a complimentary copy of Swiss America's special report, "75 experts see $2,200 gold ahead" and companion DVD. No, it's not too late! Discover why gold under $1,000/oz. offers great value, safety, liquidity and growth potential! Also included: Swiss America's 27th anniversary newsletter, "The Financial Light of the World" featuring "9 Economic Realities of 2009". The reports and DVD are free, the knowledge you'll gain is invaluable.
5-26-09 -- Gold: two bullish developments -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.26.09 -- David Bradshaw reporting -- LISTEN
* Meanwhile, "U.S. home prices continued their multiyear tumble in March as the downdraft shows no near-term signs of abating," according to the S&P Case-Shiller home-price indexes. * The dollar bounced off last week's five-month low as investors booked profits. Last week the U.S. dollar index slid to the key 80 support level, a 2009 low on worries the U.S. could lose its triple-A credit rating. * "The US dollar is in slow motion breakdown mode," says Jim Willie of Goldenjackass.com. "Gold will rise from monetary inflation and price inflation, apart from currency factors. Numerous nations have stated publicly that they regard the dollar as inadequate and unqualified to serve any longer as the sole global reserve currency." * "Evidence is mounting that the Chinese are getting serious about loosening their ties to the dollar and even replacing the greenback with the yuan as the global economy's reserve currency," reports BusinessWeek. * "Not since the suspension of the dollar's convertibility into gold in 1971, has the dollar's international reserve currency status been so threatened," reports Barrons. * "Two developments are causing excitement about gold," reports MarketWatch.com. "From a charting point of view, gold shares have broken out, meaning that gold itself could well be about to do something very important. The second bullish gold development: general economic conditions. "The dollar does look vulnerable. ... Pushing government steadily leftward, the Obama administration has set up the possibility of a U.S. dollar rout" says the Gartman Letter." * Gold is sometimes referred to as the 'anti-dollar' because it's a perfect hedge against a weaker dollar. Gold is ultimate money, offering safety, liquidity and growth! Call 888-867-8978 today for a complimentary copy of Swiss America's latest special report, "The Incredible Shrinking Dollar" and companion DVD. Find out what's really behind the dollar's 93-year decline, why it will continue in 2009, and what you can do to fight back! Also included: Swiss America's 27th anniversary newsletter, "The Financial Light of the World" featuring "9 Economic Realities of 2009". The reports and DVD are free, the education is invaluable. 5-21-09 -- Gold a pure economic gloom hedge -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.21.09 -- David Fischer reporting -- LISTEN Let's talk about the "Big Three" today. No, not the problem with GM and auto makers. That will get me on my soap box ranting about how foolish our government is in giving $15 billion to GM which is actually $82 Billion on back of taxpayers -- you and I! Buckle your seat belts inflation is coming. The Big three I am talking about all see inflation: Buffett, Bernanke, and China. Let's call them the "Good, the Bad and the Ugly". Buffett spoke the other day and gave very good advice. He was asked about inflation and said, "We have the potential for more SEVERE inflation than ever before." During that time (1979-1080) gold prices surged 500%! This leads us to the Bad. Bernanke. The Fed's April report predicted a deeper recession. Do you think the US monetary fiscal polices are out of control? Is this going to turn Bad? China sees things getting ugly. China is selling dollars and buying gold. If you sense it will be Bad or Ugly, be Good to yourself! Call me today at 888-867-8978 to get this free report that gives you 6 simple steps to preserve your wealth. This is David Fischer giving you peace of mind with Gold News Daily.
5-20-09 -- Golden trend of the next decade -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.20.09 -- Curtis Frank reporting -- LISTEN As I was chatting with my fiancée about her 401k, finances and our future plan. We went over some scary scenarios. We discussed a variety of different topics from if we’re going to have enough money when we retire? Will we have enough to send our children to college? What if taxes continue to go up and how can we stop the losses in the IRA? We went though it all. Like me, you probably have asked the same questions just like thousands of other people in America…. After chatting with my fiancée and answering all her questions, we implemented a plan. Do you have a plan? If you don’t, my team and I at Swiss America can help. You have my personal guarantee that I will be there every step of the way. My staff and I have put together 6 simple steps to growing your nest egg. Call me today and we will work on it together. 1888-867-8978 Everyone wants to grow his or her money. The only difference is the plan they follow. Some people are looking for very quick high rates of return. They play lotteries, go to Las Vegas, … buy American banks stocks or speculate on currencies in Forex. Others have more of a conservative approach. Whats your approach? I tell you sincerely, you need one now more than ever. Ask yourself, What is REAL wealth and how do I get it? There are vital questions you need to answer to build REAL wealth. Do you believe that hot picks in the stock market are real wealth? Ask the guy who invested heavily in stocks like Aig, Country wide, and Worldcom. We have made it quite simple for you with our easy 6-step report. Mention kfnn and we will help with all your questions and work on a plan together. Call 888-867-8978 We've all been lost at one point without a road map to guide us. We have spent thousand of hours of research so you don’t have to. Call and request your free financial road map today.
5-19-09 -- "U.S. needs more inflation," say economists -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.19.09 -- David Fischer reporting -- LISTEN I was at a barbecue Sunday and I was asked several times what I did for a living. I told them I have been in the investment market in gold for 15 years now. Each time the individual’s eyes lit up and asked me for my card. They all went on to say with disgust, pretty much the same thing, they just couldn’t understand why the government is so far out of control in their massive spending. They said, “This is crazy! I think inflation is coming. I need some gold but I have never done this before.” Have you ever had these thoughts? Let’s be honest! Call me today at 888-867-8978 for my free report that gives you six simple steps to preserve your wealth. Most people work hard for their money, so why not take care of it? Thousands have said “thank you” for the peace of mind that they now have. They now understand gold! Why not you? Are you like me you love our country but you just don’t trust the direction it is headed? Never before has the US dollar been discussed openly about being dethroned until recently! Do you understand what would happen if talk became reality? I can’t even believe that this is even being discussed by the central banks of the world. Call me today at 888-867-8978. What have you got to lose? Be safe while driving your car, but don’t forget to also be safe with your investments. This is David Fischer giving you your investment direction with Gold News Daily.
a href=http://media.swissamerica.com/features/mp3/20090518025413.mp3>5-18-09 -- Gold: China's useful dollar hedge -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.18.09 -- Rich Cromwell reporting -- LISTEN Daily gold prices reflect the current global economic environment, which has been very erratic recently. A secular bear market the dollar and equities helped propel a bull market in gold since 2001, driving prices from $265 to over $900/oz. However, all forms of gold are NOT created equal, nor do they perform equally. Certain gold Coins have increased over 36% last year in 2008 supply and demand can propel classic U.S. gold coin prices higher, regardless of bullion prices! To find out why call 888-867-8978. Ask for my free report "70 experts agree: $2,200 gold is in our future" According to Mineweb.com; "International demand for gold coins has picked up as people strive to take charge of their own financial destinies in an uncertain investment world. The recent credit crunch has led to a further uptick in demand for coins across the world." According to Swiss America CEO; "We're just one major headline away from new record highs for gold. As investors pound the pavement looking for financial safety with some possibility of growth in 2009 the prospects are few." Think of three basic Investment strategies for the future; privacy, protection and profit, which are a solid portfolio strategy To receive more information on "The Financial Light of the World" Call 888-867-8978. Educate yourself!
5-15-09 -- Gold shines, stocks dull -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.15.09 -- David Fischer reporting -- LISTEN The metal markets gained today on investment demand and also on signs that a two-month rally in U.S. equities may be ending according to Bloomberg news. China is selling dollars, buying gold! Last Tuesday I said this was going happen and now higher gold prices reflect my prediction. CNN, CNBC, CNNfn, Bloomberg News, and Fox, News have several things in common, they have all been talking about gold for the last seven years and Swiss America, is the national company these news stations asked to inform their audience about gold. You can now add KFNN to that list. Your local radio station is now having your local gold company, Swiss America, on the air everyday for the market close. Two minutes is not enough for you to learn about gold. Call today at 888-867-8978 and get your free report called "Bailout Nation". Learn what the government is doing to drive gold prices higher. Many new companies have just started selling gold while Swiss America, the largest most comprehensive gold company, has been here in Phoenix for 28 years. In these uncertain, turbulent, financial times a detailed gold strategy is needed. I say follow the big money. Call 888-867-8978 to learn how to take advantage of gold, inside and outside of your IRA. Until then, this is David Fischer with Gold News Daily.
5-14-09 -- Gold steady, inflation up -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.14.09 -- Rich Cromwell reporting -- LISTEN World trade dropped nearly 12% -- the sharpest contraction since World War II. Of the top 15 markets, 14 are expected to shrink, China maybe the exception, projected to grow at the slowest pace in 19 years. How does a slowing world economy effect gold? The New York Times gives us a glimmer of understanding... "Traditionally, empires that hold the global reserve currency are also net foreign creditors and net lenders. The British Empire declined and the pound lost its status as the world's reserve currency when Britain became a net debtor and a net borrower in World War II. Today, the United States is in a similar position. It is running huge budget and trade deficits and is relying on the kindness of restless foreign creditors, who are starting to feel uneasy about accumulating even more dollar assets. The resulting downfall of the dollar may be only a matter of time," writes NOURIEL ROUBINI (May 13, 2009). Our government will have to come up with another stimulus plan. What does that ultimately mean? Get the needle out and inject another $100 billion or more into the economy. Again, if we print more money, gold goes up! Educate yourself. We are now offerrring a informative forty-five minute seminar will educate you on HOW TO INVEST IN TANGIBLE ASSETS here in Phoenix, AZ. FOR MORE INORMATION OR TO REGISTER CALL 1-888-867-8978.
5-13-09 -- Gold inches toward new highs -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.13.09 -- Curtis Frank reporting -- LISTEN Treasury Secretary Timothy Geithner, speaking today on the Bank Stress tests, said that even more banks, with less than $500 million in assets will receive funds now. Now that the stress tests are over, it seems it doesn’t matter if they all passed or all failed. They all get bailouts. But where’s your bailout? Listen, I don’t believe that politicians, Wall Street or Timmy Geithner have all the answers. The American people do. The key to the solution is being informed. If you can commit to a half-hour of your time to get educated, you can be a part of the solution. If you want to conduct your own stress test, Swiss America is offering a FREE 12-point Personal Financial Stress Test to help you keep your sanity in a financial world gone mad. We'll also include our new 16-page Special Report "INFLATION SOLUTION". Listen up if you have a 401k or IRA. The Wall Street Journal reported yesterday that some investors in 401(k) retirement funds who are moving to grab their money and liquidate their stock portfolio, are finding they couldn’t. Even with recent gains in stocks such as Monday's, the months of market turmoil have delivered such a blow to some 401(k) participants: even freezing their investments. Do not let the stock market or the government dictate your financial security. Remember Reagan said; “The scariest thing you can hear is a knock on the door and somebody say, ‘I am from the government and I am here to help.’” Well they are knocking. And they are not coming for your Cheerios! Tune in again tomorrow for another Gold News Daily report with Richard.
5-12-09 -- Foolish to sell gold today -- LISTEN "GOLD NEWS DAILY: with Rich, David & Curtis" Live daily at 3:30pm on KFNN, 1510 AM in Phoenix!
5.12.09 -- David Fischer reporting -- LISTEN My question is: Does the head of the FDIC see something in this stress test showing banks are still in trouble? The government has ordered 10 of the 19 major banks to raise 74 billion dollars. Yet medium size, regional banks have it much worse. They have to raise 2.5 billion while the current market capitalization is 4.5 billion. That’s raising over 50% of their value? Obviously the government is on a spending spree and the FED has flooded the system with money for banks to remain liquid. Some see this, as the light at the end of the tunnel, while others say this could be huge a train wreck. What wreck might that be: INFLATION. This is the ONE thing that most of Wall Street does agree on. In the 15 years I have studied the precious metals markets, I can see we are now clearly moving into the next phase of this bull market in gold. The largest holder of US debt understands inflation is coming. China has recently sold 300 billion dollars in treasuries. What are they doing with this money? BUYING GOLD! They are increasing their holdings in gold to almost 500% more. Why? According to the Asian Times, "China sees inflation coming and Gold now carries an even greater profit potential". Gold moved over 500% last time we had inflation. I say follow the big money and call today at 888-867-8978 to learn how to take advantage of gold inside and outside of your IRA. Until then, this is David Fischer with Gold News Daily. Tune in tomorrow for the close with Curtis.
5-11-09 -- Threefold gold "buy" signal triggered -- LISTEN
5-8-09 -- Never a bad time to own gold -- LISTEN
5-7-09 -- Extraordinary money-printing fears -- LISTEN
5-6-09 -- Gold reflects rush to real assets -- LISTEN
5-5-09 -- Currency volatility pressures gold -- LISTEN
5-4-09 -- $900 gold as Fed expands credit -- LISTEN
5-1-09 -- Metals calm on May Day -- LISTEN
4-30-09 -- Wall St. ends hopeful month -- LISTEN 4-29-09 -- Gold rises along with sentiment -- LISTEN
4-28-09 -- Gold a reserve monetary asset -- LISTEN
4-27-09 -- Cash: worst performing asset in next decade -- LISTEN 4-24-09 -- Metals outshine stocks this week -- LISTEN
4-23-09 -- Gold protect wealth amid crises -- LISTEN
4-22-09 -- Gold rises on physical demand -- LISTEN
4-21-09 -- Gold steady, stocks high on Fedspeak -- LISTEN 4-20-09 -- Gold jumps on bank fears -- LISTEN
4-17-09 -- Gold shall rise to $1,000 again! -- LISTEN
4-16-09 -- Metals relax, outshine stocks -- LISTEN 4-15-09 -- Gold unchanged, currencies falling -- LISTEN
4-14-09 -- Gold demand rising and shining -- LISTEN
4-13-09 -- Gold rises on inflation fear -- LISTEN
4-9-09 -- Gold firm as stocks, commodities rise -- LISTEN
4-8-09 -- Gold steady, top inflation hedge -- LISTEN 4-7-09 -- Bargain-hunters buy gold dips -- LISTEN 4-6-09 -- Gold at 2009 low! Buy!! -- LISTEN 4-3-09 -- Speculators sell metals, buy stock -- LISTEN
4-2-09 -- Gold falls amid G20 happy talk-- LISTEN 4-1-09 -- Gold rises ahead of G20 chaos -- LISTEN
3-31-09 -- Metals shine in '09 as currencies fade -- LISTEN
3-30-09 -- Gold dips but resilient amid sell-off -- LISTEN
3-27-09 -- Gold's next phase: "Time of the essence" -- LISTEN
3-26-09 -- Dollar devaluation is here -Forbes -- LISTEN
3-25-09 -- Gold grows as dollar shrinks -- LISTEN
3-24-09 -- Central banks reducing gold sales -- LISTEN
3-23-09 -- $1,050 gold in April says UBS -- LISTEN
3-20-09 -- Tangibles rally on inflation fears -- LISTEN 3-19-09 -- Dollar's "safe haven" rally ends -- LISTEN
3-18-09 -- Gold rockets on Fed spending spree -- LISTEN
3-17-09 -- Gold dips but inflation fears rise -- LISTEN
3-16-09 -- Gold steady on firm investment demand -- LISTEN
3-13-09 -- Metals steady despite equity rally -- LISTEN
3-12-09 -- Gold to profit from currency war -- LISTEN
3-11-09 -- Gold "still an exceptional buy" -- LISTEN
3-10-09 -- Bullish on $900 gold dip -- LISTEN
3-9-09 -- Gold dips below $925/oz, buy! -- LISTEN
3-6-09 -- Gold and Obamanomics -- LISTEN
3-5-09 -- Gold surges as stocks tumble -- LISTEN
3-4-09 -- A striking gold trend -- LISTEN
3-3-09 -- Why smart investors buy gold dips -- LISTEN
3-2-09 -- Americans doing the right thing -- LISTEN
2-27-09 -- Bear market blues in the Citi -- LISTEN
2-26-09 -- Gold: buy privately, store secretly -- LISTEN
2-25-09 -- Gold coin demand surges worldwide -- LISTEN
2-24-09 -- Gold may spike to $3,000/oz. -- LISTEN
2-23-09 -- Gold's 'Perfect Storm' Rages On -WSJ -- LISTEN
2-20-09 -- Gold strikes $1,000, what next? -- LISTEN
2-19-09 -- Gold smells the coming inflation -- LISTEN
2-18-09 -- Confidence shift: from gov to gold -- LISTEN
2-17-09 -- Gold rockets toward $1,000 -- LISTEN
2-13-09 -- Gold eyes $1,000, Mr. Smith tells CNBC why -- LISTEN
2-12-09 -- $1,000/oz. gold next week? -- LISTEN
2-11-09 -- Real money rockets on stimulus fear -- LISTEN
2-10-09 -- Record golden flight to safety -- LISTEN
2-9-09 -- Gold: hiding place from vanishing trust -- LISTEN
2-6-09 -- Is everyone in D.C. an economist or an alarmist? -- LISTEN
2-5-09 -- Gold forecasts rising on Wall St. -- LISTEN
2-4-09 -- Gold trustworthy amid uncertainty -- LISTEN
2-3-09 -- Gold filling investor confidence cavity -- LISTEN
2-2-09 -- Gold falls on profit taking -- LISTEN
1-30-09 -- Gold rushes to $925, +5% ytd -- LISTEN
1-29-09 -- Gold rushes back over $900 -- LISTEN 1-28-09 -- Fed predicts, Gold dips, Stocks fly -- LISTEN
1-27-09 -- Deflation or inflation; gold is safe -- LISTEN
1-26-09 -- $900 gold: a 3-month high -- LISTEN
1-23-09 -- Gold rockets near $900/oz. -- LISTEN
1-22-09 -- Gold's rise orderly, no mania yet -- LISTEN
1-21-09 -- Gold may climb until 2012 -- LISTEN
1-20-09 -- Gold lifted by flight-to-quality -- LISTEN
1-19-09 -- MLK Day golden rule -- LISTEN
1-16-09 -- Gold: best performer yet ignored -- LISTEN
1-15-09 -- Gold to the rescue in 2009! -- LISTEN
1-14-09 -- Gold dips, smart money buys -- LISTEN
1-13-09 -- Gold steady, record levels in 2008 -- LISTEN
1-12-09 -- Gold faces tug of war -- LISTEN
1-9-09 -- Rich buying gold bars & coins -- LISTEN
1-8-09 -- Paper money down, gold money up -- LISTEN
1-7-09 -- Four-digit gold forecast in '09 -- LISTEN
1-6-09 -- Gold rises, 2009 dollar alternative -- LISTEN
1-5-09 -- Gold dips, but remains 'trade of the decade' -- LISTEN
12-31-08 -- Gold: best performing asset of 21st century! --
December 2006 "Golden Minute" Archive |
The Bank of Canada research "re-enforces their uncertainty," about using
quantitative easing, said Michael Gregory, senior economist at BMO
Capital Markets in Toronto.
Five signers were captured by the British as traitors
and tortured before they died. Twelve had their homes ransacked and burned. Two lost their sons serving in the Revolutionary Army; another had two sons captured.
The Federal Reserve just reported that "US household wealth dropped $11.1 TRILLION
since 2008 - $5.1 trillion of that in the last three months alone.
Christopher Wyke, Schroders commodities product manager says, "In the next 12 months a gold
price of $2,000 an ounce is quite likely. If you saw the dollar resume its fall and maybe
toward the end of this year, you started seeing people worried about the inflationary
consequences of U.S. government policies, then gold prices could move up very sharply," reported Reuters.
Over three decades, Madoff built a reputation as a brilliant stock picker,
yet no trades were placed for the last 13 years. The media reports
that Madoff investors have lost as much as 65 billion but it will
take up to 10 more years to find where all the assets are and the realized losses.
Is this your wake up call?
According to the Washington Post, the financial crisis that started in the United States is dramatically intensifying the debate over the future of the dollar. Central Banks are questioning whether it can, or should, remain at the top of the financial food chain. Although a meaningful shift away from the dollar is likely to take years, some analysts believe that the decision has already been made and the scales have tipped the other direction.
Obama is pushing his health care bill which some estimate will cost $1.2 trillion. He is doing this while the economy contracted at a 5.7% annual pace in the first quarter and consumer spending rose at a 1.5%.
Northwestern Mutual has accumulated about $400 million in gold, and Zore said the price could double or even rise fivefold if the economy continues to weaken. Gold gained 10 percent last month, the most since November. The commodity has more than tripled since 2000, rising for eight straight years.
The average American today believes that there is truly a federal connection. The Federal Reserve banks are privately held institutions located all throughout the United States of America and where put into place by the Federal Reserve Act of 1913.
We are experiencing deflation in personal assets such
as our homes while experiencing price INFLATION on the products we use to
live on...food, gasoline, education etc. That combo is the worst of both worlds.
* "With confidence in currencies shaken to the core, the yellow metal is increasingly assuming the role of 'the most trusted currency' -GARY DUGAN, CIO, Merrill Lynch, Business24-7.com, 2-3-09
Gold comprised just 5% of world financial assets in 2008; whereas in 1982 gold comprised 22%. Bull markets have 3 phases: The smart money moves in early, the institutional money next and finally the dumb money, the retail money, last. Phase 3, is when the smart money sells to the dumb money, this is where fortunes are made. Gold bottomed at $252 in 1999. Smart money has taken it to today's $980. Big gains, yes, but institutional money is only now moving in.
* "A combination of a weaker dollar and rising inflation expectations represent the perfect storm for gold. In the near term, the dominant theme behind moves in gold appears to be moves in the U.S. dollar rather than inflation expectations," said UBS analyst John Reade to Miningmx.
* "General Motors said on Thursday it reached a deal with some major bondholders that would give the Treasury a 72.5% stake in a reorganized automaker and could pave the way for a fast-track bankruptcy backed by the U.S. Treasury within days," reports Reuters.
* "Sales of pre-owned homes rose 2.9% to 4.68 million in April, boosted by bottom fishers snapping up foreclosures and by incentives for first-time buyers," reports MarketWatch.
* "The Consumer Confidence Index rose to an 8-month high in May, following considerable improvement in April, helping to push the Dow up nearly 2%.
* Banks are in the news. Last week Sheila Blair the Chairman of the FDIC said a day after the stress was done "The government and the American people need to reject the notion that a bank is simply TOO BIG TO FAIL. This is a 25-year old idea that ought to be tossed into the dustbin."
