Mickey Fulp’s Monthly Market Wrap-Up–01-31-2012

Mickey Fulp, the Mercenary Geologist, joins us for a review of how different markets performed during the month of January 2012. If the old saw, “As January goes, so goes the year,” holds true, then 2012 could be one for the record books. Platinum was up 20 percent, Gold 10 percent,  and Silver 18 percent. These are huge numbers that could be an indication of things to come or might prove to be a false indicator. The big loser for the month was natural gas down 20 percent! Warm winters in the Northeast, supply gluts, and new technology have made natural gas a perennial dud. But just like sugar, silver, and gold, remember that every dog has its day. And with oil staying up in the $100 per barrel range, it could be sooner rather than later. Time will tell, but Mickey always calls them the way he sees them.

The great news is Mickey’s Market Wrap-Up will become a monthly feature at FSN, and few people are as qualified to give the opinion as the Mercenary Geologist himself.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.


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Nothing Ever Surprises “Ranting” Andy Hoffman Anymore–Especially Gold and Silver Prices–01-30-2012

Back for his weekly rant, we check in with Andy Hoffman to discuss gold breaking through its 200 day moving average. As per our expectations, gold’s on the up side yet again. Andy however, warns you not to get caught up with short term movements. Consider the manipulation of the markets and the fast pace of the media– always remember to look at the bigger picture! Don’t watch the markets day to day, keep your expectations in the long-term. Gold has only traded below its 200 day moving average about 10% of the time over the last 11 years. The long-term technicals are actually more powerful in gold than in any other business. So don’t let your emotions take control, keep your physical holdings–this is no Gold Bubble! Gold is and always has been money.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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David A. Banister Saw the Current Rise in Gold Prices and Sees More Coming Soon–01-30-2012

David A. Banister is among a small select group of technical traders who foresaw the August 2011 top in gold before it occurred and his subscribers and public followers were not blindsided by the top. David doesn’t blindly follow technical indicators off the cliff, but rather he follows them while keeping the fundamental picture in view. Using his proprietary indicators, he is currently discovering a number of resource plays that are already moving nicely to the upside. When Gold was being overbought due to its parabolic rise and called for a correction, that proved uncannily correct. David applies a proprietary model of market and stock entry timing based on crowd behavioral theory and mathematics.

Now he believes the opposite case is true, and he’s calling for a resumption of the bull market, probably heading up to 1880 and even higher. While there’s a lot of noise in the day to day markets, the rising trend is unmistakable, and we will probably see record prices sometime during 2012 and beyond. So buckle your seat belts and get ready for the ride. It’s going to be a rough one. But Dave believes there’s great potential in many of the resource stocks, including gold and silver miners.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Triple Lutz Report–Kids Will Always Love Junk Food–Episode 156

Jamie Oliver is a one man healthy food crusader, but he has met his match. He actually expected LA public school students to give up the flavor of a real beef cheeseburger for a wheat bread burger. After all, it’s so much better for you. And like a liberal statist, he knows what’s better for you and your kids than you do. However, when forced substitution of healthy foods was attempted, guess what happened? Kids voted with their knives and forks and dumped the healthy gruel into the garbage.

Hopefully the same thing will happen with the forced consumption of inferior educational services. The American public education system is an unmitigated failure. It’s amazing that it went from being the best in the world, to being among the worst. The education decline took place at the same time as the ascendancy of teacher unionization. And there’s nothing coincidental about this either. But now we are at a turning point. Apple just introduced newly created textbooks for the iPad2, and they’re amazing. So do not despair, the internet is doing to the the educational monopoly what it did to the travel industry, the stock brokerage industry, the music industry and so many others before it. Pretty soon the educational experience will help students to soar to new heights.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Casey Research’s Jeff Clark Is Buying Gold Insurance–-01-30-2012

Jeff Clark, creator of the CaseyResearch.com publication, Big Gold, reiterates that gold is the best insurance policy available today to protect your wealth from reckless governmental monetary policies. Much of what he says is beyond dispute. He knows the current US Dollar paradigm can’t last much longer, and a new one will be created to take its place.

He’s hoping we can avoid hyperinflation, but he doesn’t sound too convinced it’s feasible. But, he knows that gold will eventually become a core holding in almost everyone’s portfolio–even Apple, no matter what happens with the monetary authorities. Until fiscal sanity is restored around the globe, gold is the only protection available. Should the world decide the benefits of a gold standard exceed the negatives, one will be implemented. After all, all throughout global history, gold has been money. All these factors point to a rising gold price, sooner rather than later. And that’s why Jeff is bullish on gold.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Chris Martenson Says History Will Certainly Repeat Itself–01-27-2012

I finally got a chance to sit down with Chris Martenson. I’ve been reading his ChrisMaternsonReport for some time now. For years he’s been saying the US was going to get into some sort of credit crisis, and “Da Boyz” were going to try and print our way out of it. Chris and I agree, we are all witnessing a debt super cycle that’s in the process of coming to its conclusion.

We are living in the tail end of a 40 year global credit bubble. For the past four decades, the entire world has been growing credit/debt faster than underlying economies. Economic growth is measured by GDP, but GDP is a fraudulent measure. GDP doesn’t really measure the wealth creation of an economy; it measures consumption, which in our society has become synonymous with wealth. But wealth is really something totally different than consumption. Chris and I agree, the calculation of GDP should not include the effects of going into debt simply to consume. Consider, Bernie Madoff who contributed 65 billion to GDP, but now all that money has just disappeared. Same with other entities that contribute to GDP like MF global.

The government continues to print money mostly for consumption, not investment. They are just kicking the can down the road, and overstating the wealth of the economy. We cannot print our way to prosperity.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Dr. Yaron Brook Explains Why Ayn Rand Was Right–01-27-2012

Dr. Yaron Brook has led the Ayn Rand Institute for the past 11 years. He believes the most important debate of out time is not economic but philosophic: you are not your brother’s keeper. Rather, your primary purpose is to the live the best life that you possibly can. This means being your own master and living on YOUR terms. You will be the most successful when you are the freest to pursue your goals and dreams. Unfortunately, this important debate is all but ignored during most political campaigns. Until we address this threshold issue, not much human progress will be made.

As Dr. Brook puts it, all statists and collectivists assume your purpose on Earth is to care for your brothers in need, whether you want to or not. Even the Founding Fathers made this error, and we are all still paying the price. The big problem is that this thinking is so ingrained in all of our psyches, that very few us even know we should be questioning it. However, through the work of Ayn Rand and her followers, as well as the institute, a true debate about forced altruism is now being had. And this can only be a good thing that will eventually free man from the shackles of unlimited government.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Chris Duane Says Don’t Sell Your Silver–01-26-2012

Chris is selling his living and dining room furniture, and he’s buying silver. He started buying years ago, but now he’s arbitraging the furniture; selling the old stuff for cash, using the cash to invest in silver, and buying new stuff on interest-free credit with small payments. While we can’t, in good faith, recommend this move to investors, it does open up limitless  possibilities. Perhaps stripping the copper out of your home’s walls, selling it for scrap and putting it into gold and silver makes sense. Or, stripping your auto for parts–most cars are worth more dead than alive–and selling them off.

You get the point, you’re sitting on items that you’re not using or don’t want. Those items could be sold for cash, with the proceeds invested in silver or gold. Look around your home! Whether it’s tools, clothes, or furniture, go on eBay or CraigsList and get rid of them now. Take the cash you get and put it to work for you. We all have vast resources that we are not aware or conscious of. The time to become aware is now.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Jason Burack Says We Are In For More of the Same–Higher Gold and Silver Prices–01-27-2012

Jason Burack is a very savvy economic analyst who’s got his hand on the market’s pulse. He’s been following the markets for years, and he knows when a breakout is ready to occur. Jason has dedicated his life to helping you avoid getting taken by the Street. He created his company, Wall Street For Main Street, to empower the individuals and families of Main Street. He won’t hand your money over to Wall Streeters and other money managers; Burack is dedicated to teaching you how Wall Street manages money through research, risk management, and fundamental as well as technical analysis.  Armed with this knowledge, you’ll be able to level the playing field while taking your own best advice.

This is going to be a rocky time for all investors. However, if you’ve got the right strategy and truly understand exactly what’s going on and what that means for your investment returns, you will not only survive, but you’ll thrive in the New Economy.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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Triple Lutz Report–The World Changed Yesterday-Gold and Silver Did Not–01-26-2012

Yesterday was a watershed event. The Fed capitulated and acknowledged that the economy will require zero percent interest rates into the indefinite future. Just six months ago they were saying the policy would only continue through to the end of 2012. What happened to change their view of the economy? Perhaps, for once, they decided that honesty is the policy. But, that would be too much to hope for. No, they are hell-bent on making things look as good as they possibly can for the upcoming election. They had to acknowledge the obvious: the economy is weak and looking even weaker. QE3-Quantitative Easing 3-is just around the corner and the world knows it.

If you’ve been listening to the show for past several weeks, I did something that I never do, I called a breakout in gold and silver. I usually avoid all pretenses at trying to predict any market. That’s because there are so many people who do a better job than I could ever hope to. However, the storm clouds were gathering and it became so obvious, that I went out on a limb and made the call. Now, gold is around 1725 and silver’s over 33 and they both appear to be headed much much higher. And if this is the beginning of a new breakout, silver may well restart its 11 year bull market rise, and we could see its gain far eclipse that of gold.

So keep listening, and if I steel up my courage, I may make another call, which you can accept or reject-at your liking.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

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