[Money-matters] money matters update

Wed Oct 20 18:25:24 UTC 2010

Money Matters Newsletter: Gold Pullback. Feds to print up to 1 Trillion
more. Show Tomorrow! October 20, 2010

Upcoming Show:
This Thursday (tomorrow) noon, PST  on www.KVMR.org. entitled “Currency
Wars”.
These wars are now just making the news. Show #98 was so timely it was
scary! Now “Currency Wars” takes up where show #98 “You Print, I Print” left
off. This and show #99, “Imports- Exports” should be ordered together as
they detail what is happening right now!
By the way, Money Show  #98  “You Print, I Print” now FREE on the website.
Go to www.moneymanagementradio.com. Our most requested show to date. We
rushed this one through because of all the requests. See FREE SHOW on left
menu!
The Super Dividend Payers list is updated as of 4 weeks back! The new list
is on the website under SUPER DIVIDEND PAYERS LIST. It contains some MONSTER
companies that are household names yet paying great dividends. I added some
more mutual funds that pay and also some stocks. Get your updated copy now.
Yearly subscribers get it free as usual; all others can order a one time
download for a paltry $29.00 or for pay a one time fee of $99.00, and get it
and the Dream Portfolio and all the updates I do and all the shows for a
full year. Get your money working for you now!
Turkey Matters, our” Match your funds” food program kicked off on the 100th
anniversary show on October 7th. I will match your funds for the Nevada
County Food banks to buy Turkeys for the needy. Turkeys run about 7.00 a
piece so decide how many Turkeys you wish to buy, send me a check and I buy
the same amount to match your number. Buy 5 turkeys for $35.00 and  I buy 5
too and they get 10!  Send all checks to: 
Marc Cuniberti
PMB 101  (MUST SAY PMB, not post office box)
578 Sutton Way, Grass Valley, Ca  95945. 
Make the check out to the food bank of your choice, either the Interfaith
Food Ministries or the Nevada County Food Bank. I will double your check
with my own money.
Lets help feed the needy with Turkey this Thanksgiving! Your dinner will
never be better knowing you helped feed literally thousands as we did last
year. Send in your check now.
Last year we bought over 700 turkeys. That’s probably feeding close to 2000
people!
Marc’s Notes:
Gold had a severe correction yesterday and this was expected. (See last news
letter).
There is probably more to come in the weeks and months ahead. These
consolidations are normal and healthy and backfill the tremendous run up we
had. We can use more significant pull backs to ADD more physical gold and
silver. Silver has really run, up to over $23.00/Oz and far outpaced gold in
this recent ascent. In bull markets, we find corrections less frequent so if
gold now runs again we can rest assured there is much more to come. I
unloaded a few coins at spot and look to unload a probably 2 more so if
anyone is interested at buying 2 or 3 ounces at spot, email me quickly. They
will go fast and it is a cash sale. They are KRUGGERANDS. If you want to buy
more, email me. Or you can use the contacts at the end of this email.
The stock markets are again bouncing around 11,000 and this is the temporary
line in the sand. In our last email we mentioned if the DOW closes ABOVE
10,150, those holding double leveraged contrary funds like SKK  SCC or SDS,
to sell those and buy DOG instead, a non leveraged fund. Sorry for the
change but I expect a new “ANNOUNCEMENT’ by the FED of the beginning of QE2
(Quantitative Easing or Asset Purchases) which are fancy terms for Money
Printing. This may drive markets higher and DOG wont be hurt as bad in
another rally but will still offer some crash insurance. Sorry for the
change but the FEDS are the fly in the ointment and judging their actions on
the market make it a crap shoot. Although the FEDS SAY not to worry and
things are rebounding fine, THEY DO something entirely out of context to
what they just said. If things were fine, they wouldn’t need this new round
of money spray. But because they KNOW there is NO RECOVERY outside of their
money spray, they must keep spraying or face the music. You can expect this
new round of asset purchases or whatever the hell they call it to again be
followed by yet another and another and another. The bottom line is the
economy cannot go it on its own and is NOW ADDICTED to Federal Spending.
There never was a recovery outside of this  FED money spending and it soon
will be apparent to all. The economy is addicted and cannot function without
Federal Assistance and that’s the death bell. Now, as predicted in economic
Keynesian Models (Idiotic Money Printing Methods), the economy WILL NOT
FUNCTION unless the powers at be continually print and now we are witnessing
the fallacy and crutch money printing instills on an economy. Once hooked on
money creation, the ever increasing debt caused by money printing requires
just more and more money printing to pay the ever increasing interest and
isn’t that what we are discovering now. Meanwhile the US dollar has lost
over 10 % of it’s value  (again) just in the last few months and we can
verify this by seeing the value of the Swiss Franc or Aussie Dollar or
Canadian Dollar. They are now at a dollar for a dollar exchange thereabouts
and are at or near record levels!
This is why we hold them and they are providing their function. (See Dream
Portfolio for Details).
As for the markets trading range, this is still FALL season so I am still
wary of a market crash. The oscillation around 11,000 will be settled one
way or another. With out the FEDS printing, the market would be in the
dumpster, but with it, the flood of money goes to the banks. They won’t lend
it out as they see risk which is why the only people lending are the FEDS.
When the private companies perceive risk, (and rightly so as there is
tremendous risk right now because the crisis isn’t over) these private
companies DON’T LEND. So the only people stupid enough TO LEND is your
government, using your money by the way. The government now IS THE LENDER
AND SPENDER of last resort. Meanwhile the banks take the new money and
gamble in the markets with it which is why you see a rising stock market.
Inflation and a rising stock market is the usual outcome from actions such
as these. This spells the predictable and eventual end of all who go there,
and we are there. It is now only a matter of time until the results of their
folly are seen. The next economic generation will not be like the last.
America’s way of life is about to change dramatically and it is the direct
result of social policies, overspending, unionization, do-gooders, world-
improvers, liberal spending, ignorant politicians, bad economics, red
lining, quotas, equal opportunity programs, lobby systems, corporate welfare
and the Federal Reserve. All these together over 50 years or so now bring us
to the precipice of disaster. Simply put, we trashed free market principals
and replaced it with managed economics and overspending driven by economic
ignorance. Now witness the result. The economic end approaches. A new
currency will be the result, but first watch the fire works. The governments
plan is to inflate, inflate, inflate. This is to cause nominal prices to
rise such as pension, stock markets, goods pricing, wages: you name it. But
the key word is NOMINAL. What this means is prices rise, but this means the
dollar is crashing. You THINK you are doing better, and your debt (and
theirs) appears smaller as debt never increases with inflation. What you owe
remains the same. But by inducing inflation, it makes everyone’s debt
smaller in comparison as you pay it off with cheaper dollars. Inflation also
causes you to buy things now if you expect them to go up in price later. By
inducing inflation purposely, it entices consumers to buy NOW instead of
waiting because they expect higher prices. Think housing. When you knew
prices would rise, you bought immediately for fear of paying more later. The
FEDS induce inflation to instill this mindset in consumers in EVERYTHING you
buy. This is why they refer to the “Inflation Expectations” as key to their
plan. If you EXPECT INFLATION, you will NOT SAVE as you will lose your
purchasing value, and YOU WILL SPEND to avoid higher prices later. The HOOK
in all of this is WAGES NEVER KEEP UP with rising prices so you get farther
and farther behind. You THINK you are doing better, but you are actually
going further into the poor house. Think about it, Stocks and housing and
productivity and everything is more expensive and more efficient now then 30
years ago, YET you now have to work 2 jobs to make ends meet, nobody can
afford the most basic necessities, yet few know why. It is because the FEDS
cause inflation purposely over time, (they freely admit this), yet this
inflation destroys your dollar slowly and eventually. Their flawed economic
model has been used for nearly a century and they have recently accelerated
its implementation
as called for in the flawed maturation of its use. Now they have entered the
“critical” and ineffective stage where more and more dollars helps less and
less. Economies of scale working in reverse and much like our drug addict,
soon massive injections won’t have any effect at all.  We watch the US
DOLLAR, economic stats (which probably wont improve) interest rates and gold
for our clues.
What to do:
Stay with our previous recommendations which were to lighten up on your gold
and silver last week if you had percentages we recommended. If you don’t
have at least 10% of your net worth in gold and silver, you are either new
to Money Matters or just not listening. Either way, consider averaging in
over the next 6 months for Physical Gold and Silver (take possession) and
also our gold funds and stocks (Dream Portfolio).
Oil has risen over our buy in of USO at around 32 or so and is now 35. You
can elect to take the profit now or hold a bit for higher prices.
Natural Gas. UNG has not hit our SELL PRICE of 5.50. When it does, sell ¼ of
your position. If it gets to 5.00, sell another ¼. At 4.50 sell the
remaining. If these prices are not hit, then HOLD as usual.
TBT: Interest Rate fund. I am not so concerned on this one although it has
been hammered as well. This is a leveraged fund and the RRPIX and RYJUX are
interest rate funds as well but are not ratcheted up like TBT is. (They move
slower). I continue to hold these as an interest rate hedge to soften higher
rates to anything I finance. These funds should rise if interest rates and
help protect against the eventually US DOLLAR erosion due to excessive
creation. If you hold a lot of US DOLLARS in a bank or other type of
account, these funds along with foreign currencies will help protect your
purchasing value. I am adding RRPIX here as well as small amounts of TBT but
realize when the FEDS print more money in their new program to be announced
in November  (my opinion), that will temporarily drive down long term rates
so these funds may still have lower to go. Long term I have to hold them for
fear of rising rates. Those looking to refinance, now is the time.
Real Estate: No. It has further to go. A lot further.
Selling? Consider stepping up to the plate. It will probably get worse. Need
an agent? See Wayne Teague’s banner on the right side of the website. He is
honest and a good friend and will do everything he can to make the
transition as painless as possible.
Dividend Payers: If you want income, I would only buy the household names I
listed first on the Super Dividend Payers List at this point in time. These
monster companies will fall in a market fall but should not fall as fast as
some of the smaller companies I have listed. You can also look at funds that
pay dividends such as the Utilities Select Sector SPDR Fund that pays about
4.1 % annually. It holds 34 leading utility companies and these are regarded
as more of a defensive play. Dividend stocks bought at this time are for
long term investors only.
Swiss Annuities: Add, do not dare cash any in. Denominate in Swiss Francs,
or add Aussie Dollars mixed with the Canadian Loonie for higher returns.
Those holding them already are smiling big as I am!
Foreign currencies: You should have sold a portion of your funds last week
per our update. We now wait for a US DOLLAR rally to re-add. Otherwise hold
long term.
That’s all for now. Stay tuned for tomorrows show and also a 2 HOUR
MEMBERSHIP DRIVE SPECIAL next Thursday at noon, PST where you can schedule a
dinner with me or a private one on one consult!
All for now.
Marc
Stay Healthy: See below.
Invest in your body. I got a massage from a KVMR volunteer which was
exquisite. She has suspended poles from the ceiling allowing her to use her
feet on your back, but with tolerable weight for those sensitive types, or
more weight if you’re like me and like the bones to crack. Here is her
information. She is offering a special for us. She helps with our station so
let’s help her back and yours while your at it!
Twin Soles Ashiatsu massage: Ashi (foot) Atsu (pressure).  A unique form of
Deep Tissue massage. Leia uses overhead bars for balance while providing a
deep yet luxurious massage with her feet. Excellent for addressing spinal
compression, chronic back pain and over all circulation, health & wellness.
Monthly discounts for those who want to include massage as part of health
maintenance. First time introductory rate $39 Leia Farrell CMT 202 N Pine
Street Nevada City call for appointment 530 262 1335  www.twinsoles.com  ~
leia at twinsoles.com.  
  _____  

Do Not Reply to newsletter messages directly. 
Direct all questions or comments to Moneymatters at kvmr.org. 
All comments or questions must be less then 3 sentences in length and must
not contain any links or articles. 
You can access past updates at: http://www.moneymanagementradio.com 
Disclaimer: 
The views expressed here are opinions only. This update does not represent
KFOK, KZFR or KVMR FM radios in anyway and should not be construed as an
extension of either station. It is a private email subscription and is
produced by Marc Cuniberti and does not reflect the views or opinions of the
stations, their management, underwriters or members. All issues regarding
this email should be sent to Marc Cuniberti and/or his agents. 
This article is strictly for informational purposes only. It is not a
solicitation to make any exchange, buy or sell any precious metal products,
commodities, securities, stocks, warrants, options or other financial
instruments. Marc Cuniberti, author of this article, does not accept
culpability for losses and/or damages arising from the use of this
publication or any information contained herein. You are responsible for
your investing. Perform due diligence on any firm you plan to send money to.
Mr. Cuniberti makes no claim as to the validity or soundness of any firm or
institution mentioned herein or on any of his publications or shows.
Investing involves risk. You can lose money. Please order up the prospectus
on any and all securities you may be planning to buy and do your own
research before investing. Mr. Cuniberti may or may not hold the securities
listed. 
If you wish to send Mr. Cuniberti an email, please keep your emails to less
then 3 sentences and do not ask about specific holdings you may hold nor ask
him to comment on YOUR specific situation. You may submit general market
questions or concerns. He answers EVERY email sent to him within the
confines of these rules. Someone will respond to your email regardless of
what it contains so you will know we received it. We care about your
participation in Money Management Radio and Money Matters. 
If you like what you hear on Money Matters, check out what else is happening
on your community radio station, KVMR, on Facebook.com. You'll be kept up to
date on special programming, events, discussion opportunities, and lots
more. Go to Facebook and type KVMR in the search bar. You can become a fan
of MONEY MATTERS on Facebook by going to:
<http://www.facebook.com/profile.php?ref=name&id=1602502823#/pages/Money>
<http://www.facebook.com/profile.php?ref=name&id=1602502823#/pages/Money>
http://www.facebook.com/profile.php?ref=name&id=1602502823#/pages/Money 
Produced and Hosted by Marc Cuniberti 
Web Site: http://www.moneymanagementradio.com
Money Management Radio and Money Matters is the sole property of Marc
Cuniberti and all rights are reserved.
"Money Matters" and "Your Money Matters" is aired throughout Northern
California and the State Capitol. 
Marc and Money Matters has been featured on NBC and ABC television and on
various news programs and documentaries.
Northern California's # 1 "alternative" economic show.
"Know the Truth and the Truth Shall Set You Free" John 8:32
Carried on bandwidths: 89.5 105.1 95.1 103.7 90.1 FM Radios throughout
Northern California and the State Capitol.
Worldwide on the web at KVMR, <http://WWW.KVMR.ORG>  KZFR <http://kzfr.org/>
and on KFOK <http://KFOK.org>  FM RADIOS 
Where I buy some of my gold: What I call “Possession Gold”. 
Blanchard and Company, Inc.
P.O. Box 61740
New Orleans, La 70161-1740
Direct toll free number: (888) 727-7537
Rick Baugnon

I have probably purchased the most ounces of gold and silver from Blanchard.
Not only do they sell regular coins and bars, they are the only contact on
this e-letter that also can provide you with graded coins and collectible
coins. Although I usually recommend only standard coins, I do own
collectibles as they may help against a confiscation scenario and we need to
be prepared for everything. Please call Rick Baugnon and tell them you are a
Money Matters Listener and he will give you special consideration and he
knows my preferences. Use his direct line above. Rick and I have discussed
Money Matters needs and he knows what to provide.

Monex Deposit David Feldberg x 2216
4910 Birch St., Newport Beach Ca 92660
1 (800) 949 4653 (GOLD) ext 2216 You may refer to Marc Cuniberti and Money
Matters and David will know what Marc recommends. 
Take delivery and store in a safe place. You may have 25 % of this amount in
silver and the remaining 75% in gold. I usually buy only generic 1 ounce
rounds or ounce bars, no collectibles. You may buy any 99 % pure gold or
silver assets but pay no more then a few percentage points over spot. Again,
buy NO Collectibles, No Margin account, No Commodity accounts. Take delivery
of standard coins only. 

JH MINT
13241 Grass Valley Ave. 
Grass Valley, Ca 95945 (530)273-8175

(Near the Grass Valley Airport off Loma Rica Road)

Tell the salesperson you are a Money Matters Listener and you will get
special discounts,(market conditions permitting). Normal Gold prices are
anywhere from 6 to 11% over New York Spot price. If you are selling, you
should get close to spot when you sell. Buy only standard, or popular gold
or silver coins. I do NOT prefer the generics but would rather have you buy
Silver Eagles or bars. When buying silver, the mark up will be a bit higher
than gold. JH Mint posts prices on its board over the sales counter so you
can see spot at any time. I have dealt with JH MINT myself and found them to
be easy to work with.  You can pay in cash and you will remain anonymous.
I usually buy Gold Eagles, Buffalos, Kruggerands, Silver Maples. Gold Pandas
Generic Rounds. Peace Dollars or Morgans. You may also use my web contact: 

Follow Marc and Money Matters on
<http://www.facebook.com/topic.php?uid=225256048565&topic=11908#/pages/Money
-Matters/225256048565> Facebook. 
-- 
Click here to <http://moneymanagementradio.com/newsletter/confirm/remove/>
unsubscribe from this newsletter

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mailman.jtan.com/pipermail/money-matters-l/attachments/20101020/3528975a/attachment-0001.html 
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: image/jpeg
Size: 20056 bytes
Desc: not available
Url : http://mailman.jtan.com/pipermail/money-matters-l/attachments/20101020/3528975a/attachment-0001.jpe 