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Weekly Audio Commentary by Bill Wermine – 28 Nov 2011

Filed under: Audio, BillWermine

Jim Rogers Speak Again !

Jim Rogers Speak Again !

Ep 1 – Stansberry Radio Episode 1 with Jim Rogers Posted: Tue, 22 Nov 2011 19:22:34 +0000 Click below link. Porter welcomes Jim Rogers to the inaugural episode of Stansberry Radio. They talk gold, commodities, Europe, the euro, the dollar and of course Social Security. Don’t miss this. http://hw.libsyn.com/p/1/3/5/1350eb40e3f5ee77/Ep1-SARadio.mp3?sid=650d308df9f3530165d55bf75fb4052d&l_sid=34163&l_eid=&l_mid=2799330&expiration=1322021222&hwt=a31ad374cb35ea932b5ed1da4a1808e0 … Read entire article »

Filed under: Audio

Gold Ponzi Scheme Again !

Gold Ponzi Scheme Again !

Another great story for gold cheats … Gold firm owner sentenced in $29.5 million Ponzi scheme By Jon Burstein, Sun-Sentinel 9:02 p.m. EST, November 18, 2011 The founder of a Lake Worth-based precious metals firm that was a front for a $29.5 million fraud was sentenced Friday to more than 12 years in prison. Jamie Campany, the owner of the grandiose-sounding Global Bullion Exchange, took money from more than 1,400 customers nationwide who thought precious metals would be good to … Read entire article »

Filed under: Gold, Scam

Fund Managers Faced Dead Sentence for Cheating in China

Fund Managers Faced Dead Sentence for Cheating in China

Here is a weird news about some fund mgrs facing death sentence for cheating. It wud deter future deceits or ppl thinking about cheating others. Chinese Fund Managers Sentenced to Death after Cheating Investors out of 1 Billion USD November 10, 2011 HANGZHOU – Two brothers and their father were sentenced to death on Monday for cheating 15,000 investors out of over $1.1 billion in east China’s Zhejiang province. Ji Wenhua, president of the Yintai Real Estate and Investment … Read entire article »

Filed under: China, Scam

Australian Banks have NIL Exposure to EuroZone !

Australian Banks have NIL Exposure to EuroZone !

Is the Australian Banking Sector Exposed to Europe? Australian banking stocks have come under selling pressure due to fears of a contagion effect from Europe’s debt crisis. Australian banks have yet again demonstrated good risk management in avoiding massive loan exposures to troubled European economies, particularly the PIIGS (Portugal, Italy, Ireland, Greece and Spain). Direct loan exposures to PIIGS countries are nil at best and immaterial at worst. The September quarterly report from the Swiss-based Bank of International … Read entire article »

Filed under: Australia

Something big is close to happening on China’s Shanghai Composite Index.

Something big is close to happening on China’s Shanghai Composite Index.

Something big is close to happening on China’s Shanghai Composite Index. Take a look at today’s Shanghai chart and you will see that there is a huge triangular pattern going back to 2005. The support and resistance lines both have 3 touch points and the triangular pattern is VERY close to its apex. The apex is the convergence point of its support and resistance lines, and that is where a triangular breakout will occur. This pattern is huge … Read entire article »

Filed under: China, Shanghai Index

Healthy Correction in Gold Market -8% !

Healthy Correction in Gold Market -8% !

Brent Johnson, the managing director of Baker Avenue Asset Management, a wealth management firm with over $700 million in assets. He forwarded some charts he’d prepared for his clients that put gold’s September decline into perspective… They’re a good visualization of my standing advice to worriers. The following charts document corrections in the gold price of 8% or more – first measured with daily prices, then monthly, quarterly, and annually. See if this doesn’t put things … Read entire article »

Filed under: Featured, Gold

Weekly Audio Commentary by Bill Wermine

Filed under: Audio, BillWermine

The SuperInvestors of Graham and Doddsville

The SuperInvestors of Graham and Doddsville

This is an interesting read for all investors. In the written essay below, W. Buffett asked the reader to imagine a coin-flipping contest where every citizen in the U.S. participates. Every morning, the participants pair off. Everyone wagers $1. The person who correctly calls the toss wins $1. The loser is eliminated. As the winners advance, their egos swell. As the field is further culled, the winners (who win by pure luck) get rich. And they … Read entire article »

Filed under: Articles, Investment

Gold Confiscation by MF Global – Watch YouTube

Gold Confiscation by MF Global – Watch YouTube

Gerald Celente’s gold account was emptied by MF Global (video) The recent bankruptcy of financial stalwart and Wall Street casino failure MF Global in the US, has claimed a new and unlikely victim. Following the company’s glorious collapse, Trends Research founder Gerald Celente had his own six figure gold investment account completely looted by chapter 11 trustees, and he is fighting to get it back. http://www.godlikeproductions.com/forum1/message1704463/pg1 … Read entire article »

Filed under: Gold