December Podcast Archives


12.30.11 -- 2012: Coin of the Realm, Part 3 -- Listen

Gold prices rebounded above $1,550/oz. as 2011 draws to a close, investors seize best buying opportunity in five months. Gold last traded at $1,562 an ounce, silver at $27.65 an ounce.

"Money has gone through dramatic changes over thousands of years of history. People can become numb to believe that those changes will never happen in their lifetime. The notion that "this time is different" is once again going to punish investors that sit idly by while these changes occur. This time is NOT different!" writes Swiss America Chairman Craig R. Smith at swissamerica.com.

There has only been one form of money throughout history that has been stable, acceptable, and always protected its holder and that his gold. Like it or not, gold will continue to be the ultimate currency of acceptability, and as such, it's price in fiat currencies will continue to rise, reflecting the massive money creation and the market uncertainty if debt is allowed to grow ad infinitum.

Unfortunately, governments have manipulated markets and never allow natural market forces to correct price distortions that are caused by the injection of money into economies. The politically-correct decision to avoid recessions and cause growth at any cost, insurers higher gold prices for years and decades to come.

The only scenario that could change the price trajectory of gold would be a complete reversal on behalf of all governments, to begin allowing natural free market forces to squeeze out all of the excesses and price bubbles, which would return markets to normalized levels.

Therefore I sincerely hope all investors who wish to maintain their current standard of living in 2012 and beyond will embrace making gold an important part of their portfolio. FULL STORY by Craig R. Smith HERE

More: Swiss America Gold Market News


12.29.11 -- 2012: Coin of the Realm, Part 2 -- Listen

Gold prices dipped below $1,550/oz. in thin year-end trading, offers best buying opportunity in five months. Gold last traded at $1,546 an ounce, silver at $27.82 an ounce.

"Just as we have experienced a huge and dramatic change in the way commerce is conducted in America, through the Internet versus traditional brick and mortar business, currencies are experiencing rapid changes of acceptability and confidence that are critical to make any Fiat currency function," writes Swiss America Chairman Craig R. Smith at swissamerica.com.

Keeping up with changes, whether they be in commerce or currency, is the key to maintaining a constant or improved standard of living. If a person does not keep up with those changes, they will soon find their standard of living dramatically altered.

History shows us that gold is the only universal money that maintains purchasing power in all economic and cultural scenarios. Before, during and after world wars, market collapses, currency crises, empire collapses or virtually any other dramatic social/monetary mega-shifts, gold has protected the purchasing power and standard of living of its owners. Gold is the ultimate form of money.

The legitimate analysis of currency valuations are going to be the single largest challenge that any investor or saver will have to overcome to protect their hard earned money in 2012. FULL STORY by Craig R. Smith HERE

More: Swiss America Gold Market News


12.28.11 -- 2012: Coin of the Realm, Part 1 -- Listen

Gold prices traded modestly lower amid quiet holiday trading conditions. Gold last traded at $1,558 an ounce, silver at $27.01 an ounce.

"Today I invite listeners to look at tomorrow's economy with me, not just today's economy," writes Swiss America Chairman Craig R. Smith at swissamerica.com. Why? Because it is critical to understand that any changes our 'money' goes through will directly affect our future purchasing power for all goods and services.

goldmoney Money has gone through a number of changes throughout history. There have been times when bricks of tea, spices, beads, wampum, pine tree shillings, pieces of eight, coins, paper and even various forms of electronic money have been seen as trade-able and usable money in the everyday purchasing requirements of consumers.

Currently we are witnessing countries like China and Japan working on agreements to use the Yen and the Yuan to conduct transactions versus the traditional use of the united states dollar.

This economic shift can have a profound impact on the future uses of US dollars. During all of the changes that money experienced over thousands of years, one constant always remains.

Gold always translates into a usable currency when tea bricks, coins, paper, etc. were the current "coin of the realm". FULL STORY by Craig R. Smith HERE

More: Swiss America Gold Market News


12.27.11 -- 2012: Renaissance or Ruin? -- Listen

Gold prices traded modestly lower amid quiet holiday trading conditions. Gold last traded at $1,591 an ounce, silver at $28.69 an ounce.

2012: RENAISSANCE OR RUIN?
Consumer-confidence index jumped up in December to the highest level in eight months, BUT "there is a general lack of conviction or clarity" on how to repair the EU and global economy. Are we on a countdown to destruction or a count-in to redemption in 2012? What can we do about it anyway? Is gold the new 'Coin of the Realm'? Visit swissamerica.com to find out.

A DOOMSDAY VIEW OF 2012 - Infowars.com
"The economic, political and social outlook for 2012 is profoundly negative. There are powerful reasons to believe that beginning in 2012, we are heading toward a steeper decline than what was experienced during the Great Recession of 2008 - 2009. With fewer resources, greater debt and increasing popular resistance to saving the capitalist system, the governments cannot bail out the system.

OBAMA SEEKS 1.2T DEBT LIMIT HIKE - Reuters
"The White House plans to ask Congress by the end of the week for an increase in the government's debt ceiling to allow the United States to pay its bills on time. The U.S. debt limit currently stands at $15.19T and requests an increase to $16.39T.

More: Swiss America Gold Market News


12-26-11 -- SUBSTANCE TRIUMPHS OVER SYMBOLISM - Listen

Two decades ago, Rush Limbaugh introduced the concept of "the triumph of symbolism over substance", referring to the new Clinton Era. But as we look forward, beyond the Obama years, we see a light at the end of the tunnel. A triumph of monetary and political substance over symbolism. That should give all freedom-loving Americans real hope for real change in the next generation.

Gold is right smack in the middle of an historic, generational bull market, shifting from ancient relic to most respected asset class of the century. A truth even TIME magazine acknowledged two years ago.

Historically secular bull markets usually last 15-23 years, so today we are still just getting warmed up. This bull market is not following the same path as the 1979/80 gold run up, but it could easily rise 20-fold before this next phase is over. We expect $2,000/oz. will become the ‘new normal’ in the years ahead. Read more about it at swissamerica.com

More: Swiss America Gold Market News


12-23-11 -- 2011 GOLDEN ECONOMIC TRENDS -- Listen

Gold prices remained relatively flat Friday morning in quiet pre-holiday trading Gold last traded at $1,607 an ounce, silver at $29.30 an ounce.

2011 marked many important economic and political events. So many in fact, it was difficult for for most of us to digest them all and then decide how they fit into the BIGGER PICTURE. Therefore, to help Swissamerica.com readers step back and reflect during this holiday season, this next week I have gleaned some of the top stories worth remembering in 2012. For example...

METALS: BEST SAFE HAVEN IN 2011 - January 2011 Archives
"Gold prices rose to a record closing price of $1,421 on the first trading day of the new year as silver topped $31 an ounce, extending a rally to the highest since 1980. Gold rallied 30% in 2010, the 10th straight annual gain, while silver rallied 80%.

Gold is on track to end 2011 with a 16% increase, while silver is about flat for the year. This trend has been seen over and over since 2003; Precious metal prices steady, rise, pull back, steady, rise again. Read more about it at Gold's Bigger Picture

More: Swiss America Gold Market News


12.22.11 -- GOLD TO BRING CHEER IN POLITICAL YEAR -- Listen

Gold prices steadied above $1,600/oz. Thursday in quiet pre-holiday trading, mixed data lifts stocks. Gold last traded at $1,605 an ounce, silver at $29.13 an ounce.

TEPID SANTA RALLY ON MIXED ECONOMIC SIGNALS
U.S. economic growth, as measured by the GDP, fell to 1.8% in the third quarter, slower than previously estimated. Meanwhile jobless claims fell to 364,000, the level lowest in three years.

SAD STORIES ROLL IN AT REQUEST OF OBAMA WHITE HOUSE - CNS
The White House says it's been flooded with responses to the question it posed Wednesday: "What does $40 mean to you?"

Rep. Frank Wolf (R-Va.) is among the conservatives who voted against extending the payroll tax cut. "While I support comprehensive tax reform, I do not support the flawed legislation presently before us," Wolf said on Dec. 13.

"The issue today, as defined by both political parties and the president, is whether or not a temporary – and costly – one-year payroll tax “holiday” should expire at the end of the month. The real issue is whether it is responsible for Washington to further shortchange the Social Security Trust Fund at a time when it is already on an unsustainable path."

Wolf called the payroll tax extension a "raid on Social Security, which is already going broke," and he noted that the money paid into the system now -- through payroll taxes -- pays benefits for existing retirees.

"Granting another tax holiday is unwise. It puts the existing benefits of those 55 million Americans who currently receive Social Security at risk to continue a failed 'stimulus' policy," Wolf said.

More: Swiss America Gold Market News


12.21.11 -- Answering tough economic questions -- Listen

Gold prices steadied above $1,600/oz. Wednesday on bargain hunting despite a firmer dollar, Santa rally on Wall St. fizzles. Gold last traded at $1,615 an ounce, silver at $29.42 an ounce.

ECB $639B "CHEAP LOANS" BAILOUT - AP
"Struggling banks snapped up euro489 billion ($639 billion) in cheap loans from the European Central Bank on Wednesday. It was the biggest ECB infusion of credit into the banking system in the 13-year history of the euro.

CRAIG SMITH ANSWERS TOUGH ECONOMIC QUESTIONS - RON WILLIAMS, WCIP, Lima, OH

WCIP

RON: "Craig, can any nation spend itself out of a $15T debt crisis?"

CRS: "We have moved from a nation based on production, to a nation based on 72% consumption. At today's sky high debt levels, stimulus spending does not work and is counterproductive. If we had made tough decisions to stop deficit spending in 2004, under Bush perhaps we could have, but definitely not in 2008. The average American knows very well the trillions in stimulus under Obama has not worked.

RON: "Is there a point where Keynesian economic theory is proven wrong?

CRS: "We are on course to run a $1.3T per year deficit over the next decade bringing us to $25T. That's another $10 trillion! This government theft is already striking Social Security recipients as the Obama has frozen cost of living increases since 2009. Yes, there is a breaking point for every economy, when confidence collapses the currency will also collapse unless painful political decisions are made right now.

RON: "Is there any way to stop this debt crisis without a collapse?

CRS: "Unfortunately, sometimes it takes a collapse of the economy to make the needed changes to survive. I hope not, but we need leaders who will pledge to stop raising taxes and spending. Leaders that will not buckle to lobbyist unless they truly put the We the People's good ahead of political advancement.

More: Swiss America Gold Market News


12.20.11 -- Metals reflect 2012 unpredictability -- Listen

Gold prices shot over $1,600/oz. Tuesday on bargain hunting and a weaker dollar, Santa rally on Wall St. Gold last traded at $1,615 an ounce, silver at $29.57 an ounce.

US FED ASKS BANKS TO KEEP MORE CASH AT HAND - AFP
"The US Federal Reserve on Tuesday moved to toughen capital requirements for the country's largest banks, saying their size and stretch could threaten the overall financial system.

moneymagic "The Fed said it was preparing to implement new capital and liquidity rules outlined by an international banking pact on nearly three-dozen banks with assets over $50 billion. That could mean even tougher standards for the eight American banks and bank holding companies: Bank of America, BNY Mellon, Citigroup, Goldman Sachs, JPMorgan Chase, State Street and Wells Fargo.

2012: YEAR OF THE DRAGON -Chinesenewyear2012
As 2011, the Year of the Golden Rabbit draws near an end, rising China demand helped propel prices gold up 18% this year. In 2012 we enter The Year of the Dragon, which could be very explosive according to Chinese folklore:

"The Year of the Dragon will be marked by excitement, unpredictability, exhilaration and intensity. The Dragon is all about drama, but if you take unnecessary risks, you may find yourself starring in your own personal tragedy. Fortunes can be made but they can also be lost."

Will China, the rising economic dragon, sell more U.S. dollars and buy more gold? Stay tuned...

More: Swiss America Gold Market News


12.19.11 -- 'Season of Compassion' Spreads Christmas Spirit -- Listen

Gold prices consolidated recent gains Monday, holding below $1,600/oz. on a firmer dollar, after dipping 7% last week. Gold last traded at $1,593 an ounce, silver at $28.77 an ounce.

SAFE HAVEN DEMAND PROPELLING GOLD IN 2012 - CNBC
"Gold prices will rally again in 2012 to reach $2,000 to $2,500 per ounce because demand is still strong and the precious metal is still seen as a safe haven, according to Sabine Schels, a commodities strategist at Bank of America Merrill Lynch. "Gold will also benefit from a continued need for central banks in emerging markets to diversify their holdings, she said.

More: Swiss America Gold Market News


12.16.11 -- POLITICIANS SPEND, GOLD RISES -- Listen

Gold prices rebounded near $1,600/oz. Friday on bargain hunting and a weaker dollar after dipping 7% this week. Gold last traded at $1,599 an ounce, silver at $29.73 an ounce.

HOUSE PASSES $1 TRILLION BUDGET BILL -CNBC
"The House has passed a $1 trillion-plus catchall budget bill paying for day-to-day budgets of 10 Cabinet departments and averting a government shutdown. The bill trims most domestic agencies and awards the Pentagon the smallest budget hike in recent memory.

SILVER’S A BARGAIN UNDER $30 - MarketWatch
"Silver is ready to finish a dramatic year near the level it started, and some analysts predict big gains, and heavy volatility, for the white metal in 2012.

silverchart "Silver went parabolic when it broke above $29/oz. back in March of this year," said James Carrillo, senior portfolio adviser for Swiss America Trading Corporation. "It fulfilled its parabolic blow off at $50/oz. shortly thereafter and is now testing the break point."

"I would be a buyer of physical gold and silver at these levels, with gold being massively supported at $1,500/oz. and silver at $28/oz.," he said. Read more about The 21st Century Silver Rush

A KIDS VIEW OF THE CHRISTMAS STORY - YouTube
This 4:00 video captures precious preschoolers telling their version of the nativity scene. We hope it brings some cheer to your heart, as it has to ours and nearly 2 million others today.

More: Swiss America Gold Market News


12.15.11 -- Viewers cheer network-jeered TV ads 40-to-1 -- Listen

Gold prices steadied below $1,575/oz. Thursday on bargain hunting and a weaker dollar, stocks cheer data, fear EU. Gold last traded at $1,570 an ounce, silver at $29.29 an ounce.

DEBT CRISIS PUSHES ECONOMIES TO THE EDGE - CNBC
"The sovereign debt crisis crippling the euro zone still threatens other developed economies, leaving Britain and Japan teetering on the edge of recession but with the United States seen several paces away from a slump, a Reuters poll of over 250 economists found.

"U.S. GDP growth is expected to slow sharply to 1.8 percent in the first quarter, providing scant relief to U.S. President Barack Obama ahead of an election year.

AMERICANS CHEER NEW SWISS AMERICA TV COMMERCIALS - PR

commercials Americans are posting rave reviews for two new :60 animated television commercials developed by Swiss America Trading Corp. by a margin of 40-to-1 at YouTube.com. The ads feature entertainer Pat Boone, Fed Chairman Ben Bernanke and President Obama.

The provocative ads began airing last week nationally on DISH and DirecTV satellite networks, despite attempts by major broadcast and cable networks to block them from the airing.

So far GoogleTV reports 2.3 million views for the commercials on Fox News, Fox Business, CNN, CNBC, MSNBC, History Channel, Golf Channel and more.

The ads offer free educational resources from Swiss America.

More: Swiss America Gold Market News


12.14.11 -- Courageous Investors Should Buy Gold Now! -- Listen

Gold prices retreated 3% below $1,600/oz. Wednesday on profit taking and dollar strength amid euro zone breakup fears. Gold last traded at $1,574 an ounce, silver at $28.89 an ounce.

"It takes courage to buy in dropping market. The critics of gold always come out of the woodwork during times like this, but smart money buys on the dip. The next leg of this bull market could lift gold prices from $1,575 to $2,140 an ounce in 2012," writes Swiss America Chairman Craig R. Smith.

saintnick "Nothing has changed long term, the only pain is for the short-term speculators in gold," reports James Carrillo at Goldiras.com.

[Ed. Note: Old St. Nick would have rejoiced at such a grand opportunity to buy gold at a 20% discount from it's recent high today, allowing him more gold coins to toss into more stockings this year!]

MONEY MANAGERS FEAR EURO ZONE BREAKUP - Marketwatch
"Nearly half of all institutional money managers now fear a partial break-up of the euro zone, a new survey revealed. And nearly 75% predict that the U.S. debt will be downgraded still further by ratings agencies.

EURO BONDS WOULD DESTROY EURO ZONE - CNBC
"The President of the Center for Financial Studies, Frankfurt believes that ECB intervention can dissuade governments from taking the necessary action to sort out their own economies. "When the ECB intervened, and spreads fell, reform was weakened. The economists call it moral hazard – it just creates the wrong incentives."

More: Swiss America Gold Market News


12.13.11 -- Gold Price Reflects Rising Money Supply -- Listen

Gold prices dipped below $1,650/oz. Tuesday after the Fed statement amid a firmer dollar, EU debt jitters. Gold last traded at $1,631 an ounce, silver at $30.79 an ounce.

YOU CAN'T PRINT MORE GOLD - Frank Holmes, US Global Investors

"What do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks?

"An exceptionally potent formula for higher gold prices that could send gold to the unimaginable level of $10,000 an ounce.

"The reason global central banks have shifted the printing presses into overdrive is simple: they need the money.

"The money needed to bail out Europe and to fund America’s spiraling debt and future unfunded obligations is in the ten of trillions. IT DOES NOT EXIST. It has to be created by printing money in massive quantities...

"As central banks print money and increase supply, currencies become devalued. There is global competitive devaluation as excess liquidity is put into the system. Historically, this excess liquidity has made its way to riskier assets, i.e. stocks and commodities.

"Gold is generally a benefactor of this flight to riskier assets as many investors see it as a store of value. This chart illustrates the interconnectivity of gold and global money supply growth.

goldchart

More: Swiss America Gold Market News


12.12.11 -- World's Only Untarnishable Money -- Listen

Gold prices dipped over 2% to $1,665/oz. Monday on profit taking and a firmer dollar. Gold last traded at $1,665 an ounce, silver at $31.21 an ounce.

gold $7.4 MILLION FOR CLASSIC U.S. GOLD COIN - AP
"An exceedingly rare 1787 gold Brasher doubloon has been sold to a Wall Street investment firm for $7.4 million, one of the highest prices ever paid for a gold coin. The Brasher doubloon is considered the first American-made gold coin denominated in dollars.

LATVIA'S LARGEST BANK FIGHTS DEPOSITOR RUN - AP
"Latvia's largest bank scrambled Monday to head off a run among depositors who were gripped by rumors of the bank's imminent ruin. Weekend rumors that Swedbank was facing legal and liquidity problems in Estonia and Sweden sent thousands of Latvians to bank machines on Sunday, with some lines reaching as many as 50 people.

"Unless major changes are made, the same thing will happen in America within 10 years, says Craig R. Smith. "$10 trillion will be needed by Q1 2012 for debt rollover."

SUB-$1,700 GOLD IS A GREAT BUY! - Craig R. Smith
"For example, compare the Dow vs. Gold. It has been a 'lost decade' for stocks, but a 'shining decade' for gold. It is no big surprise that some gold investors are taking profits, since gold is one of the few assets to show profits this year. Bond holders are facing a big haircut (Greek 50%, Italy 18%) as debt quality deteriorates."

GOLD'S PURCHASING POWER RISING 'DRAMATICALLY' - CNBC
Jay Taylor, President & CEO of Taylor Hard Money Advisors says central bank printing of money was boosting the purchasing power of gold. (Watch video here)

More: Swiss America Gold Market News


12.9.11 -- EURO: A FIAT CURRENCY WITH NO HOMELAND -- Listen

Gold prices rebounded Friday on bargain hunting and safe haven buying, stocks cheer EU debt crisis progress. Gold last traded at $1,713 an ounce, silver at $32.20 an ounce.

EUROPEAN CEOS MOVE CASH TO GERMANY - Bloomberg
"European companies spent billions preparing for the euro when it was introduced in 2000 by 11 countries. Contingency planning for an unraveling of the currency involves cutting investment, moving money to Germany, transferring headquarters to northern Europe from southern, and even going out of business, according to interviews with more than 20 executives.

euro AUTHOR AGREES WITH CBNC HOSTS ON QUESTION: "WILL THE EURO ZONE STAY INTACT?"

Maria Bartiromo: "For the year ahead, I think the euro zone does stay intact. There is so much willingness on the part of all the players to keep it together. When you look five or ten years into the future, however, I do think the euro looks different.

Jim Cramer: "Yes, it will, at least for 2012. Too many countries have a vested interest in its maintenance simply because their leaders remember world war one and two and want to have a united Europe to avoid that from ever happening. However, events could make it so the mark and the lira an franc come back but not as early as 2012.

Joe Kernen: "Yes, but it might consist of only Germany.

Larry Kudlow: "The euro zone will stay intact and we will learn in 2012 that the european crisis was less of a crisis and more of a ‘muddle through.’ It’s not a contagion, not a catastrophe. We all worry too much about Europe.

Pete Najarian: "This dove tails with last years question regarding, will one of the european pigs go broke? My response was, yes!, The obligations and risk of Portugal, Ireland, Spain and Greece have reached levels that are a contagion that has rocked the global markets late in 2011. The counter-party risks, the pressures that are financial and political could break the zone into a northern and southern euro.

Craig R. Smith: "Yes the euro will stay intact. The euro is no different than any other fiat currency. And now that we are all Keynesians (at least the leadership in power) the world will continue to fuel booms and busts by constant injections of paper money. Ultimately any approach like this will end very badly. However until then, full speed ahead on the printing presses and let the good times roll.

Read what CNBC hosts and Mr. Smith think is ahead for Gold in 2012 here

More: Swiss America Gold Market News


12.8.11 -- Who's expecting $2,000 Gold in 2012? -- Listen

Gold prices dipped near $1,700/oz. Thursday on profit taking and market volatility, dollar firms on EU debt disappointment. Gold last traded at $1,705 an ounce, silver at $31.66 an ounce.

GOLD RALLY ALL THE WAY TO $2,025 - Forbes
"Gold will average $2,025 an ounce in 2012, according to HSBC’s head of precious metals research, Jim Steel. Gold is on track for its eleventh consecutive positive year. Whatever the reason behind its rise, the reality is that gold is one of the year’s best performing asset and definitely a force to be reckoned with.

big THE BIG PICTURE, Part I GOLD: Majority of CNBC hosts see $2,000 in 2012 - CNBC

Maria Bartiromo: "I would probably bet gold does break $2,000. The fact is there’s so much economic and political uncertainty in the world that people want safe havens."

Jim Cramer: "Yes, gold will exceed $2,000 because the European central bank will have to print euros to bail out so many countries and banks and that will raise the value of gold as a version of the world’s reserve currency. Gold will be a terrific performer once again. Mad Money’s been bullish on gold since we started and we remain bullish.

Pete Najarian: "As the printing press continues to print, the levels of Gold will pierce thru $2,000, it may not sustain the levels, but the path appears to be higher as uncertainty continues to rise."

Joe Kernen: "Gold will not breach $2,000."

Larry Kudlow: "Surprisingly, I don’t think so. I think gold has basically peaked and is now a bit overvalued. My prediction is that people will buy more stocks than gold. I’m optimistic about the stock market, so I would not be a gold buyer.

Craig R. Smith: "Gold will break $2,500. Now that Europe is pursuing QE in the euro zone, they have all but guaranteed higher gold prices." More...GOLD'S BIGGER PICTURE

Will the euro zone stay intact in 2012? Stay tuned for answers from CNBC hosts and Craig Smith tomorrow.

More: Swiss America Gold Market News


12.7.11 -- INVESTORS LOVE GOLD, HATE INFLATION -- Listen

Gold prices climbed toward $1,750/oz. Wednesday on bargain hunting amid market volatility and EU debt summit. Gold last traded at $1,742 an ounce, silver at $32.55 an ounce.

goldcoins MORE REASONS TO LOVE GOLD - CNBC
"The current global financial crisis is giving financial investors more reasons to love gold. Many investors are betting that inflation is going to jump as many countries cut their interest rates and essentially devaluing their currencies.

WHAT EVERY POLITICIAN NEEDS TO KNOW ABOUT SILVER - SilverSeek
"Hugo Salinas-Price, President of The Asociacion Civica Mexicana Pro Plata, is actively lobbying the Mexican Congress to institute a new, one ounce silver 'Libertad' coin with no engraved monetary value as legal tender in Mexico. Making silver legal tender will provide a stable store of value for Mexican citizens to save money so that savings cannot be destroyed by inflation.

OBAMA: LIMITED GOV'T THAT PRESERVES FREE MARKETS 'DOESN'T WORK.' - CNSNews
"In a speech delivered at Osawatomie High School in Osawatomie, Kansas, on Tuesday, President Barack Obama argued that while a limited government that preserves free markets "speaks to our rugged individualism" as Americans, such a system "doesn't work" and "has never worked" and that Americans must look to a more activist government that taxes more, spends more and regulates more if they want to preserve the middle class.

GOVERNMENT 'ALWAYS' LIES, TWEAKS INFLATION AND JOBLESS DATA - MoneyNews
"Don't take your advice from any government, or you are going to go bankrupt," Jim Rogers told Newsmax.TV. "Unemployment and inflation rates are worse than the numbers that hit the newswires suggest because the government is able to tinker with the methodology to sugarcoat how bad the economy really is.

More: Swiss America Gold Market News


12.6.11 -- Greeks bail, Obama blames, Ben denies, Gold rises -- Listen

Gold prices rebounded near $1,725/oz. Tuesday on bargain hunting amid market volatility and a flat dollar. Gold last traded at $1,729 an ounce, silver at $32.76 an ounce.

ANXIOUS GREEKS EMPTYING THEIR BANK ACCOUNTS - Spiegel
Many Greeks are draining their savings accounts because they are out of work, face rising taxes or are afraid the country will be forced to leave the euro zone. By withdrawing money, they are forcing banks to scale back their lending -- and are inadvertently making the recession even worse.

BERNANKE SAYS REPORTS ON FED LENDING WERE FLAWED - CNBC
Federal Reserve Chairman Ben Bernanke wrote to lawmakers on Tuesday defending Fed lending programs, saying reporting about those programs contained serious flaws.

Recent press reports misrepresented Fed lending during the 2007-2009 financial crisis, the Fed chairman said. Bloomberg Markets Magazine last month published an article called "Secret Fed Loans Gave Banks $13 Billion Undisclosed to Congress."

OBAMA NOW BLAMES THE INTERNET FOR JOB LOSSES ... "This Isn't About Class Warfare, This Is About Nation's Welfare" reports RealClearPolicics.com

Another 250,000 viewers nationally watched as Swiss America's new animated TV commercials aired on CNBC, Fox News, CNN, Fox Business, MSNBC, History Channel and Golf Channel via Dish and DirecTV networks. See both TV ads at www.swissamerica.com/tv. Send the link to your family and friends. Guaranteed to bring them a little holiday cheer!

More: Swiss America Gold Market News


12.5.11 -- BANNED TV ADS REACH 200,000 ON DAY 1 -- Listen

Gold prices eased back near $1,725/oz. Monday on profit taking despite a weaker dollar. Gold last traded at $1,719 an ounce, silver at $32.05 an ounce.

'INFLATION DECEPTION' TV AD CENSORED BY NETWORKS
Two provocative new animated television commercials developed by Swiss America, began airing nationally on DISH and DirecTV satellite networks today, despite attempts by major broadcast and cable networks to block them from the public airwaves.

bernankeobama Over 200,000 Americans will have seen one or both of the new TV ads on Goggle TV satellite networks or online today. Are you one of them? If so, tell us what you think and we will post it here. If not, watch them now. then tell us what you think. So far, the YouTube odds are 50 to 1 that you will like them a lot!

The official response from major television networks stated that commercials with any political message are: "something we try to avoid" or they "do not meet our standards on public symbols."

“These commercials are intended to be an entertaining means of communicating why our present economic policies are destined to fail,” says Swiss America Chairman Craig R. Smith.

TV ADS OFFERING FREE BOOK GAINING MOMENTUM AT YOUTUBE.COM
The ads offer viewers a free, postpaid copy of this 272-page book that retails for $19.95 in bookstores nationwide. Nearly 30,000 online views in the first 5 days! Why? Because Americans like having someone tell them the truth about today's economic realities. Here's a sample of YouTube comments:
"Commercial of the Year! - Decade!" writes ibchristian2 at youtube.com
"Make this advertisement go viral," writes paulrprichard at youtube.com

SWISS AMERICA "THE GOLD STANDARD" iPAD APP FREE AT iTUNES APP STORE
Both TV commercials are available for viewing online or on Swiss America's new iPad application “The Gold Standard,” just launched at the iTunes App Store. This App offers real-time precious metals price quotes as well as a wide range of built-in multimedia educational resources.

More: Swiss America Gold Market News


12.2.11 -- FREEDOM RESTS ON A GOLDEN FOUNDATION -- Listen

Gold prices settled below $1,750/oz. Friday as investors cheered U.S. jobs data despite flattened incomes. Gold closed at $1,746 an ounce, up 3% this week, silver at $32.56 an ounce.

U.S. JOBLESS RATE UNEXPECTEDLY DECLINES TO 8.6% - Bloomberg
Job gains in the U.S. picked up last month and the unemployment rate unexpectedly fell to 8.6%, a decline augmented by the departure of 315,000 Americans from the labor force. Average hourly earnings fell 0.1 percent to $23.18, while the so-called underemployment rate decreased to 15.6 percent from 16.2 percent.

HUMAN FREEDOM RESTS ON GOLD REDEEMABLE MONEY
Speech by Hon. Howard Buffett
U.S. Congressman from Nebraska
The Commercial and Financial Chronicle, 5.6.48

This is the text of a 1948 speech given by Warren Buffett's father explaining the truth about gold confiscation and relationship between the dollar, gold, freedom and liberty.

"Is there a connection between Human Freedom and A Gold Redeemable Money? At first glance it would seem that money belongs to the world of economics and human freedom to the political sphere.

goldstandard "But when you recall that one of the first moves by Lenin, Mussolini and Hitler was to outlaw individual ownership of gold, you begin to sense that there may be some connection between money, redeemable in gold, and the rare prize known as human liberty.

"Also, when you find that Lenin declared and demonstrated that a sure way to overturn the existing social order and bring about communism was by printing press paper money, then again you are impressed with the possibility of a relationship between a gold-backed money and human freedom.

"In that case then certainly you and I as Americans should know the connection... Full story

More: Swiss America Gold Market News


12.1.11 -- AMERICANS CHEER NEW SATC TV ADS -- Listen

Gold prices held near $1,750/oz. Thursday as investors ponder impact of Fed cheapening the dollar. Gold last traded at $1,745 an ounce. Silver at $32.75 an ounce.

Yesterday WND.com broke the news story about Swiss America's recent battle to get their new animated TV spots onto the major broadcast and cable networks, who declined them saying the ads were "too political."

Thankfully, at least 33 million homes will be able to see our new TV ads starting next Monday, Dec. 5th. Ironically, the TV ads will be airing on many major networks, despite efforts to ban them thanks to Google TV via Dish and Direct TV satellite networks.

ftknox Today I want to share just a few of the hundreds of the online responses from readers who have viewed new Swiss America animated TV spots.

-Tom says: "Right on the Money ... Awesome, Thanks Craig!"

-Ben says: "LOVE IT!!"

-Jim says: "I thought the Ad was GREAT. It was well done and certainly LESS political or offensive than ANYTHING from the Obama camp."

-Byron says: "These are two funny, well done commercials. I don't believe there is any overt political message that we all haven't heard before."

-True Patriot says: "There’s not a darn thing wrong with this ad. Is this censorship? Why do they censor the truth?"

-Tweety says: "Especially appropriate today as Bernanke bails out all of Europe with our non-money. Add another trillion or so to the debt."

-Phillip in TX says: "Love the ad! They need to show it during the Super Bowl!!"

Check out these new TV spots for yourself now at www.swissamerica.com/tv

More: Swiss America Gold Market News

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