Turning Hard Times Into Good Times

The equity markets have bounced back strongly from the devastating decline following the Lehman Brothers collapse in September of 2008. So, is the economy really on the mend? If so, might inflation be a serious concern in the near future? If inflation becomes problematic, should we start buying Dow and S&P 500 stocks now? If the economic and credit downturn is not over, how should we invest our money? Is it time for gold and silver? What about the gold mining shares? How do they perform in a credit market implosion? Bob Hoye brings to our show a sharp sense of history, showing us predictable patterns that can help us decide how to invest. Hoye talks about credit implosions over the past 300 years and how gold and in particular gold mining companies do in these kinds of environments. Should we be buying gold stocks now? Or will there be a major pullback this fall, giving us an even better buying opportunity? Bob's insightful study of history will provide some important answers.

Gold-as-money advocates are often painted by establishment propagandists as “crazed, eccentric, weirdo worshipers of a barbaric relic.” But if gold bugs are thought of as crazed, silver bugs tout their faith in their favorite precious metals with even more religious and emotional fervor. But if there is one “silver bug” who is level-headed and analyzes silver markets with a rational scientific approach, it is David Morgan. With a background as an engineer, David applies reason to analyzing the precious metals markets. He is partial to silver and believes silver will in the end out-perform gold. David also has some well founded Austrian economic views about where the American economy is headed. He and your host have had many spirited discussions on one of the major issues of our day, namely how will the pathology of our Keynesian-poisoned economy come to its end, whether via a deep freeze of depression or the fires of a Zimbabwe like hyper inflation? David will explain.

Peter Grandich has had a remarkable track record at calling major turns in the markets. He and Arch Crawford (last week’s guest) were among the few who called the 1987 crash. We will explore where Peter thinks the markets are heading and how you can prepare your life accordingly. Have you ever noticed how totalitarian governments seek to replace worship of God with worship of an emperor? In addition to his astute understanding of markets, Peter Grandich also sees a link between a growing culture of spiritual decline and immorality on the one hand and our loss of liberty and our economic decline on the other. As God is being replaced by Caesar in our culture and our personal liberties are being stripped away, how can we prepare and cope? In addition to those philosophical issues, Peter will have some practical investment ideas to fit his future view of the economy. Also, time permitting, we may take some questions. Call 866-472-5790 with your questions for Peter

Nov. 21, 1978 The Granville Market Letter stated “Crawford predicted almost to the Dow point and day the 1977 decline, its end, and reversal... January 15, 1981, Dan Dorfman said, “ [Crawford] has issued ten buy and sell signals on the market, nine of them were right on target…He’s been downright spectacular on the buy side... August 24th, 1987 Arch Crawford said “Our long term sell signal is set in stone. Be out of all stocks by August 24, from which point we expect a horrendous crash.” The worst crash since 1929 followed. For 1991 and 1992 he was #1 timer for bonds. September 4, 2001, Crawford said “the market would crash by October of 2001, and that the United States would soon be at war. Right on both scores. For 2008 – Crawford was ranked # 1 market timer by Hulbert. Aside from these dates, Crawford has been among the top in his class most of the time since he began publishing in 1977. We’ll explore why and how Astrology may help you improve your trading record.

No one understands the interplay of global geopolitics and economics better than Richard Maybury. He predicted that the Muslim world would suck America into an Iraqi war that we could never get out of and that increasing statist policies both on the domestic and foreign fronts would lead to much higher oil and gold prices. Now predicting which of the numerous international powder kegs will likely explode next, Richard also points out how they are likely to dig the U.S. into an even deeper state of bankruptcy and a declining living standard for Americans who are unaware and/or unwilling to see what is being done to them by their government. Richard understands how the Federal Reserve Bank serves the selfish interests of a ruling elite and how those powerful individuals have perverted the Constitution as well as our public educational system. But beyond the gloom there is hope for those who take the time to listen and prepare their lives accordingly.

For centuries people have instinctively trusted gold as money and a store of value. So, at a time like now, when confidence in paper money is declining, people want to know how to buy gold and where to store it. Special guest James Turks is one of the most experienced gold analysts in the world. Not only does he understand why markets have for centuries, chosen gold as money, but he has been the leader in applying the latest information technology to elevate gold to its most efficient monetary form ever! James will not only explain how you can use http://goldmoney.com/ to buy, store and sell gold but how you can use GoldMoney to quickly transfer your holdings into any of five currencies and wire the proceeds to meet payment obligations from your laptop computer from anywhere in the world! James will also have some prescient views on gold, currencies, equities, and bonds. You can't afford to miss Mr. Turk's words of wisdom, July 14, 2009 at 3:00 PM Eastern Time.

Who is responsible for the global economic problems we are now facing? It’s most certainly the Federal Reserve Bank or more accurately, its filthy rich International Bank shareholders. Our money system is not what we have been led to believe. The creation of money has been “privatized,” or taken over, by the Federal Reserve Bank, which is nothing more than a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions—including the private Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices—and robbing you of the value of your money. Now it seems the Fed’s grand Ponzi may be in the process of self destructing. Ellen Brown, author of The Web of Debt, will talk about a workable alternative and how America can return to the ideals upon which it was founded on July 4, 1776.

Advice on mainstream TV is free. More often than not, you get what you pay for. Yet, now and then the mainstream media features guests who provide an objective view of the world as it really is rather than the way a self-serving elite would have you see it. Frank Holmes, who heads the U.S. Global Investors group of funds, is one such investment adviser/money manager. His insights are especially appreciated by host Jay Taylor, who has used several U.S. Global funds to beat the market handily since January 2000. Frank Holmes is very much a participant within the mainstream investment community, but he understands how excessive fiat money creation is driving the price of gold and other commodities higher. Frank also has a great perspective on the global economy and how to enhance your investment portfolio by participating in a rapidly changing world. You can’t afford to miss Frank’s unique insights as he shares them with host Jay Taylor on Turning Hard Times into Good Times.

J.M. Schuler has been an award winning head writer for Alexander Haig’s World Business Review 2000 to 2004. He has hosted the vastly popular syndicated radio show ‘Your Money Matters’ sharing ideas with some of the biggest hitters in money management including Louis Navallier , the top people at Seligman Brothers in New York, and Ralph Bloch when he was with Raymond James. He is also a Telly award winner for his writing of a 2 hour documentary for the American Lung Association. Mr. Schuler has been one of the first analysts in the world to examine the dynamics of the mortgage industry in his highly acclaimed article: “Low interest rate mortgages - are they too good to be true?” an article ahead of its time. It examined the same paper that has become toxic assets for banks. He now believes America is about to pay for its past sins as China refuses to fund a U.S. dollar headed toward zero and prices heading for the moon.

Two-term Congressman Joseph J. DioGuardi has been the only CPA ever elected to Congress, and for good reason. In the business world, to keep them in good standing, an element of honesty is required of CPAs. Not so with government. So when DioGuardi proposed Republicans take the high road toward honest accounting of government spending, even his own party ridiculed him. On Turning Hard Times into Good Times, DioGuardi will tell how Congress deceived the public and how our “no-accountant federal government” masks the real cost of federal programs in the hundreds of billions of taxpayer dollars. He will explain how Congress covered up the real cost of the savings and loan bailout by keeping it “off the books,” just as Enron did to disguise its deteriorating financial condition in 2001. Yet unlike Enron’s management, Congress is not accountable for those criminal acts. To further understand how to protect your interests, don’t miss Congressman DioGuardi’s insights.

The stock market collapse of 2000 wiped out over two-thirds of the value of the Nasdaq Index and decimated the hopes and dreams of millions of Americans. That event prompted this week’s special guest Michael Panzner to write his first bearish book, Financial Armageddon. Written in 2007, that book proved eerily prophetic in predicting the economic crisis we now face in the aftermath of the Lehman Brothers collapse in September 2008. The outcome of Financial Armageddon is a bankrupt nation that will leave Americans with no choice but to endure a significantly lower standard of living for years to come. Panzner’s latest book, When Giants Fall, provides a vision of a future where the U.S. will no longer police the world or make good on its retirement promises to millions of Americans. Panzner warns that the only way we Americans can survive will be by changing the way we live our lives. He provides some practical advice along those lines that you cannot afford to miss.

Alan Greenspan has said that governments hate gold because it prohibits them from turning a free market democratic society into a totalitarian economic dictatorship. As Federal Reserve Chairman, Greenspan also said, “The Federal Reserve stands ready to increase the supply of gold, should the price begin to rise.” Recognizing the importance of gold and the need for free markets to remain unfettered by government intervention if America is to remain the home of the brave and the land of the free, Chris Powell, along with Bill Murphy established The Gold Anti Trust Action Committee (GATA) as a civil rights organization. Chris Powell will provide substantial evidence that in fact those responsible for creating that awful creature from Jekyll Island, AKA the Federal Reserve Bank, is in fact continuing to manipulate the price of gold. Chris Powell will tell you what gold market manipulation means for you, your financial future and your liberty. What can you do about it? Tune in to find out.

Michael “Mish” Shedlock argues that the enormous amount of debt taken on by the United States and its citizens dooms our country to a second Great Depression and a future of much lower living standards. He provides convincing evidence that current policies of deficit spending printing money by the FED, even if showered from Ben Bernanke’s Federal Reserve printing press equipped helicopters will fail. The implications for investors if Mish is correct suggests it is a huge mistake to buy back into the stock market now. In fact, investors should be using this rally to sell stocks and raise cash and buy gold and pay off any and all debts. Ideally that would also mean paying off mortgage debt. Mish will provide powerful evidence that there is no way policy makers can escape this deflationary black hole. However, those who prepare for the impending deflationary abyss will be in a position to actually increase their wealth if they act now.

Having dwelt at high levels within the belly of the Wall Street-Washington beast, Catherine Austin Fitts will tell how collateral fraud within the mortgage industry was used to enrich Wall Street at the expense of Main Street. She will explain how the ruling elite control the lives of the Americans people through the use of fraud, deception and dirty tricks. Had she not witnessed firsthand the suppression of her investment firm’s information, and had she not had the financial resources to litigate successfully against the government, Ms. Fitts would have viewed such tales as exaggerations or fiction Having been targeted by “the beast” Catherine will explain how an unholy alliance of Wall Street-Washington and global interests control Americans for their own ends. She will help you understand how the housing bubble and other means were used to enrich the ruling elite at your expense and what you can do to best protect your interests.

Nations and their economies run through 50 to 70 year credit expansion/contraction cycles known as a Kondratieff wave. Special guest Ian Gordon, Chairman of Long Wave Group and economic historian tells Jay Taylor why the U.S. and the global economy has entered into a credit contraction that will be as bad or worse than the deflationary depression of the 1930s. Ian will explain why polices geared to stimulating the economy will not only fail but will plunge us even deeper into a price collapsing depression. Ian will explain why he is betting on deflation, not inflation and why, in this environment, gold mining will be a portfolio savior as it was during the Great Depression when the Dow to gold ratio approached 1:1. Ian tells why he believes the Dow to gold ratio may well fall to an even more remarkable 0.25:1.0 in this depression and why gold stocks will make their owners truly wealthy. Ian may also name a few of his favorite gold mining stocks. www.longwavegroup.com

Bob Hoye, an earth scientist by education and an historical market analyst by profession, tells Jay Taylor why the current credit contraction and global recession is extremely serious. He notes that there have only been five other such incidents in the last 300 years and that this may be the most serious of all. The last such event was the 1930s Great Depression. Identifying the current landscape from an historical and technical perspective, Mr. Hoye then tells Jay’s listeners that gold always gains purchasing power during these credit contractions as market participants shun increasingly worthless and dangerous paper assets. The best investments for this environment are gold mining shares because, with the real value of gold rising, profit margins for gold producers outshine virtually every other industry. As during the 1930s, gold shares look once again to be “portfolio saviors.” You can’t afford to miss Bob Hoye’s life sustaining insights. www.institutionaladvisors.com

Robert McHugh,Ph.D is a former major shareholder and No. 2 executive in command at Main Street Bancorp, a private regional Pennsylvania bank, that was sold to a larger bank in 2000. Dr. McHugh warns host Jay Taylor that the U.S. is most likely facing “A cataclysmic nation changing event to correct the bull market that began in 1718.” McHugh uses Elliott Wave analysis and history to predict short and long term market trends. With a high level of confidence, his work predicts a 1930's like market decline of 90% or worse. And he warns of a global economy so bad that it may well result in a reshaping of national boundaries. Dr. McHugh reluctantly comes to these conclusions by using Elliott Wave analysis and a host of other technical market tools, just as he used them to manage his banks portfolio. You can’t afford to miss Dr. McHugh’s views regarding our economic future and most importantly, what you MUST do now to best protect yourself against the carnage that lies ahead.

Pat Gorman tells how best to buy gold and silver coins in this time of financial turmoil Author of the best selling book“The Value of Honest Money” and host of the longest running financial talk show in the Phoenix area provides practical advice on how best to buy life sustaining gold and silver coins in this time of financial distress.

RON PAUL an eleven-term congressman from Texas, is the leading advocate of freedom in our nation’s capital. He has devoted his political career to the defense of individual liberty, sound money, and a non-interventionist foreign policy. Judge Andrew Napolitano calls him “The Thomas Jefferson of our day.” After serving as a flight surgeon in the U.S. Air Force in the 1950s, Dr. Paul moved to Texas to begin a civilian medical practice, delivering over four thousand babies in his career as an obstetrician. He served in Congress from 1976 to 1984, and again from 1996 to the present. He and Carol Paul, his wife of fifty-one years, have five children.Ron Paul, the New York Post once wrote, is a politician who “cannot be bought by special interests.” And one of his Colleagues in Congress said of Ron, “There are few people in public life who, through thick and thin, rain or shine, stick to their principles. Ron Paul is one of those few.”