SHOW NOTES – BRICS Summit 2013: A Rising Economic Challenge to the West
Plus, a market update for precious metals investors
Jerry Robinson’s Analysis and Commentary
Jerry Robinson begins this week’s show with analysis of the BRICS Summit 2013. At this 5th annual summit held in Durban, South Africa, the top leaders from Brazil, Russia, India, China, and South Africa discussed economic cooperation and integration. Jerry, along with his co-host Jennifer Robinson, discuss one of the most important ideas that emerged from the summit: a new BRICS development bank that seeks to eventually challenge the World Bank in lending to emerging nations. While it will take years for such an institution to gain ascendancy, it is just another sign that emerging nations like China and India are on the rise as the West claims bankruptcy.
In addition to a large number of agreements signed by China and Russia earlier in the week, China and Brazil signed a new $30 billion currency swap arrangement that will remove the U.S. dollar from nearly half of the annual trade between the two nations. While these cooperative efforts may sound good, they represent a major challenge to the existing global financial order.
In Segment One, economist and best selling author, Jerry Robinson, provides his insights and analysis for the wise investor and the astute geopolitical observer.
BILL GERTZ (Washington Times Reporter)
Most people are aware that America has been actively relying on unmanned aerial vehicles (also known as “Drones”) for rescue, reconnaissance, and special missions. The Feds have even begun using drones domestically and plan to have 10,000 drones flying over all fifty states by 2020.
However, many Americans are unfamiliar with China’s military drone program. The Chinese are building the fastest growing fleet of military drones on earth.
Bill has researched and documented the rising threat posed by China’s military drone capabilities and tells FTMDaily that there’s more to China’s drone program than meets the eye.
Drone Games: The Rise of Chinese Drones >>
China Stepping Up Drone Deployment >>
Report: Chinese Drone ‘Swarms’ Designed to Attack American Aircraft Carriers >>
Analysts: Chinese Drone Technology Advancing Rapidly >>
TOM CLOUD (Precious Metals Advisor)
In this week’s metals update, Tom Cloud and Jerry Robinson discuss the events unfolding across the globe including China, Russia, and North Korea and explain what it means to gold, silver, palladium, and platinum prices.
Tune in for excellent analysis and commentary on the precious metals markets.
Jay Peroni – Certified Financial Planner
In this week’s investing idea, Jay Peroni, CFP shares one of his favorite stocks for profiting from both the future trends of healthcare and the growing global need for healthcare. This stock is part of Jay’s All Weather Portfolio.
Looking for real-time buy and sell stock alerts? This new service is perfect for do-it-yourself investors!
John Bearss – Retirement Specialist
This week, Retirement Specialist John Bearss answers a listener question: What is the 2013 Max 401k Contribution Limit?
John provides the answer and shares six benefits of contributing to your employer’s 401(k) plan.
About Your Hosts
(Economist, Best-Selling Author)
Jerry Robinson is an economist, published author, columnist, licensed insurance agent, radio talk show host, and international conference speaker. Robinson has been quoted as an economic authority by USA Today, FoxNews and many other news agencies. His columns have appeared regularly in numerous print and web publications, including WorldNetDaily, Townhall, and FinancialSense. In addition, Robinson is also the Editor-in-Chief of the popular economic newsletter, Follow the Money Quarterly. He enjoys spending time with his beautiful wife, Jennifer, and his newborn son.
(Financial Analyst, Business Owner)
Jennifer Robinson is a financial analyst with experience in corporate finance and the financial services industry. Jennifer is the co-host of Follow the Money Weekly radio, a show dedicated to exposing the truth about money and the economy. Jennifer is also a licensed insurance agent and a contributing writer to the quarterly economic forecasting newsletter, Follow the Money Quarterly. She has written on a wide variety topics, including diversification of savings, stock option trading, and emergency preparation. Jennifer is currently the National Director for the Christian Financial Advisor Network and is the Vice President of FTMDaily.com. She holds a Master’s Degree in Finance and enjoys operating businesses with her husband and business partner, Jerry Robinson. Jennifer’s newest joy is her role as a mother to son Jerry Robinson Jr.
Tom Cloud, Precious Metals Expert (Turamali, Inc., President)
Thomas Cloud is the Chairman of the Board of Turamali, Inc. and has a long and successful advisory track record in both financial planning and tangible assets. His expertise as an financial counselor and thorough knowledge of the products he recommends has attracted an impressive list of individuals and major institutions from across the United States. Since 1977, Mr. Cloud has devoted his attention to all areas of tangible asset investing offering a “hands on” approach to each and every Turamali, Inc. client. For more information about Precious Metals Investing, click here.
The Retirement Minute with John Bearss
John Bearss, Retirement Specialist
Investing Insights with Jay Peroni, CFP
Jay Peroni, Certified Financial Planner (Christian Financial Advisor Network)
Jay Peroni is a Certified Financial Planner and is a part of the Christian Financial Advisor Network. He has been creating and managing stock portfolios for individuals for nearly two decades.