Tuesday, July 17, 2012

Daily Briefing for Friday, July 17, 2012

And The News Keeps A Rollin' On In

I'm going to make this short tonight, because some of you have some reading to do.  Except for Jerid, who has already read this stuff.

First, Peter Schiff is laying it out there like John Holmes at a bachelorette party.  If that simile escapes you, let me try a more direct approach: Peter Schiff just turned on the "brace for impact" sign from the cockpit.  Not to be outdone, CNBC is racing to get the message out there as well, no doubt in an effort to be able to say that if things do go tango uniform, they can say "we told you so."

To further add to the stress, CNBC runs this piece entitled "Corn Prices Headed for Record Highs As Crops Shrink."  Interestingly, back on May 24th we were being told to expect a "huge U.S. corn harvest."

From ABC News tonight: "Bernanke testified on Capitol Hill to deliver his semiannual report, painting a picture of slowing job growth, tepid manufacturing rates and weakened progress on the housing market in the second-quarter of 2012. The U.S. economy has continued to recover, he said, but growth indicators are moving at a pace that he called 'disappointing.'”

Are you making time to read articles like this?  Are you paying attention?  Are you formulating a plan to protect your assets?  Your family? 

This is your main stream media putting you on notice.  If you're paying attention, start talking to your friends and family about this.  Be the expert on what's going on in our country.

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