Financial Headlines for September 10, 2012
Financial Headlines for September 10, 2012 <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Story: Gold at $2,500 in six months? Citi thinks soCiti FX analyst Tom Fitzpatrick is bullish on gold, and he thinks the shiny yellow metal could be on the cusp of a big rally heading into 2013.http://business.financialpost.com/2012/09/06/gold-at-2500-in-six-months-citi-thinks-so/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FP_TopStories+%28Financial+Post+-+Top+Stories%29&utm_content=Google+Reader
Story: Why is Putin stockpiling gold?According to the World Gold Council, Russia has more than doubled its gold reserves in the past five years. Putin has taken advantage of the financial crisis to build the world's fifth-biggest gold pile in a handful of years, and is buying about half a billion dollars' worth every month.http://articles.marketwatch.com/2012-09-05/finance/33598259_1_gold-reserve-world-gold-council-power-politics
Story: After the Storm (Part 1 of 2)With all the study and thought that are required to make sense out of how the Great Unraveling will play out, we seldom take time to think of what it will be like on the other side. Those of us who are, by nature, long-term thinkers and/or optimistic, have a vague picture in mind of a rebirth of libertarian thinking, and a vibrant economy. However, we tend not to think too much more about these hopes than that, because we are caught up in the Great Unraveling itself - a very time-consuming topic.http://www.internationalman.com/global-perspectives/after-the-storm-the-11-stages-of-the-crash
Story: Why Billionaire Frank Giustra Is Making A Massive Bet On InflationWe had the opportunity to sit down with Frank Giustra last week, the lion behind Lionsgate Films, and an early architect of countless resource companies-most notably Wheaton River Minerals (now known as the $33B Goldcorp, which spun out the $12B Silver Wheaton), Petro Rubiales (now the $7B Pacific Rubiales), and Urasia Energy.http://www.businessinsider.com/why-billionaire-frank-giustra-is-making-a-massive-bet-on-inflation-2012-9
If you've been on the sidelines watching and aren't sure what to do you should contact Swiss America and use their 32 years of experience to create a plan to diversify some of your retirement and savings into physical gold and silver. Call Wes Peters at 877-864-1072 to schedule a free consultation and get your questions answered while there is still time. As you know, I do not offer financial advice but financial commentary and opinion. You need to do your own research and come to your own conclusions and a plan of action based on that research. I believe Swiss America has some resources for you to assist you in that research. I also think a visit with Wes Peters could help you gain some much needed information in order to make a sound financial decision.
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