SHOW NOTES – Staying Afloat During the Global Monetary Flood
A global economic outlook and an update for precious metals investors
On this week’s Follow the Money podcast, Jerry Robinson discusses the latest jobs numbers showing that the unemployment rate has dipped to 7.8% — its lowest level since January 2009. So is the unemployment picture really improving, or is this just more number fudging out of Washington? Also, Jerry and Jennifer Robinson comment on last week’s Presidential debate. While they agree that Mr. Romney scored a clear victory, they express concerns over the fact that the debate, which was supposed to be on domestic economic issues, never touched on the topics of the fraudulent Federal Reserve, the declining U.S. dollar, corporate bailouts, and the millions of foreclosures harming our economy. Finally, Jerry discusses the creeping global monetary madness as five central banks have promised fresh monetary stimulus within the last 30 days. He explains where he believes it is all leading.
US jobless rate falls to 7.8 pct., 44-month low >>
The September 2012 Employment Situation – BLS >>
S&P 500 dips after four days of gains; earnings eyed >>
Gross: U.S. is a $76 Trillion Debt ‘Meth’ Addict >>
Read the full Bill Gross Commentary Online >>
Watch Last Week’s Presidential Debate Online >>
The Name of the Game is Currency Wars (What Jerry Thinks – FTM Insider Exclusive) >>
Next, we are joined by Precious Metals advisor Tom Cloud who provides his insights on the week’s action in the gold and silver markets
Below is a one year chart of gold. As you can see, there is a significant 52 week resistance point at $1792. So, the question that is on many gold investor’s minds is “Will gold be able to scale the $1792 resistance point this time?” We believe the answer is a resounding “yes” based upon the absurd monetary policies that continue to be issued by central banksters around the globe. We expect gold to close above $1,800 per ounce next week.
To hear what Tom Cloud thinks lies ahead next week for gold and silver, listen now. (Tom also provides his forecast for silver.)
Later in the program, Jerry is joined by Certified Financial Planner, Jay Peroni. Jay discusses his latest swing trade on Sarepta Therapeutics (SRPT) which netted a 228% return in just over five weeks for him and his subscribers.
According to Jay:
“On August 28th, our system identified unusually high option activity on Sarepta Therapeutics (SRPT). After studying this company, the Wall Street Renegade Swing Trading System issued a call to buy Sarepta up to $15 a share. We purchased 1,000 shares that day at $12.58 a share for a total of $12,580..
So we got in near the low and cashed in close to its all-time high!
Last week, we closed out our position and sold 1,000 shares at $41.28 for $41,280… a gain of $28,700.
That was a 228% gain in 5 ½ weeks.”
“One of our subscribers told us that he bought 100 shares at $17.12 for a total of $1,712. He sold his position last week at around $40 per share for $4,000! That brought him a net gain of $2,288! He has already made enough to pay for our swing trading service for three years!”
In our this segment, Jerry and Jennifer tackle a few listener questions regarding the benefits of rental real estate, fear over America’s mounting debt owed to China, and whether silver is a good saving vehicle.
Finally, in this week’s Retirement Minute segment, financial advisor John Bearss discusses Federal Transfer Taxes and the impact that they can have upon your estate plan. Federal Transfer Taxes include the Federal Gift Tax and the Federal Estate Tax. John shares some tips that you should know about these two taxes.
>> John Bearss is a financial advisor with 26 years of experience. In addition to offering holistic retirement and financial planning advice, he also provides FTMWeekly listeners with 100% free financial coaching on our Five Levels of Financial Freedom. To schedule your free coaching session, call John Bearss directly at (888) 914-9909. Or you can email him at john @ cfanetwork.org
Your Host: Jerry Robinson
(Economist, Best-Selling Author)
Jerry Robinson is an economist, published author, columnist, 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 resides in Texas with his beautiful wife, Jennifer.
Co-Host: Jennifer Robinson
(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 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.
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 (Christian Financial Advisor Network)
John R. Bearss is a Retirement Specialist with the Christian Financial Advisor Network. He has been successfully helping clients nearing retirement generate lifetime income streams for 25 years.