If you can spare a few minutes this weekend, please check out this video.
You may recall that, last month, I recorded a podcast with David McAlvany of McAlvany Financial. Here's a link in case you missed it: http://www.tfmetalsreport.com/podcast/4131/tfmr-podcast-26-david-mcalvany-mcalvany-financial-group. I had met David earlier this summer at FreedomFest and had come away impressed. Here was a guy...an actual investment advisor...who seemed to "get it".
As part of their marketing plan, McAlvany Financial is producing three videos this year that attempt to describe and summarize some of urgent financial issues that are bubbling just below the surface. The first video, which dealt with the ongoing financial crisis in Europe was released back in the spring.
Just this week, they released part 2 of "The Fuse Is Lit" series. This one is entitled "Asian Ascendance". For my part, I agree with almost all of David's conclusions here and I highly urge you to watch the video. The only area in which my opinion differs from David's is regarding a collapse/bubble in treasuries. I don't think this is imminent, at least not likely in the next 3-5 years. Perhaps because QE∞ was announced post-production, David may have since re-evaluated his position. I'll have to check with him to see. Regardless, this is definitely worth 25 minutes of your time.
One more thing, under the cover of a late Friday afternoon media indifference, an obviously-corrupt judge issued a ruling against the imposition of position limits as mandated by Dodd-Frank. I must admit that, when I saw this late last evening, it almost ruined my night. The graft and corruption runs so deep that, at times, it seems our task is impossible. Upon further review, perhaps this judge inadvertently gave us a gift late yesterday. Clearly Thunderlips and Baldy were quite perturbed by this usurpation of power by the judicial branch. Maybe this ruling will embolden them on the silver "investigation"? We'll see. Sometimes daylight is the best disinfectant and, right now, the sun is beaming brighter upon The Evil Empire with each passing day.
That's all for now. Have a great weekend!
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