 August 5th
Show Highlights:
- Chris Powell presents his case regarding gold price suppression - the collusion between central banks and the investment banking cartel. Chris reveals documentation including court case information to back up his research. He proves definatively that gold has been suppressed and that the manipulators are almost out of gold to continue with their illegal operations. You won't want to miss his explanation as to why there will not be enough zero's to put behind the gold price when it finally breaks free from their grasp.
- Kal Gronvall shares his new inflation indicator. Kal was fed up with the government's bogus Consumer Price Index, or CPI numbers. So he took a novel approach to solving the government inflation reporting problem, resulting in what I refer to as the Kal Price Index or KPI.
- Gary Kaltbaum, Remains bearish on stocks and offers his outlook on the markets. Next, Jack Chan and I discuss the market technicals and investigate various trading concepts. Jack added precious metals positions in his market letter this week and continues to think that the energy market is overbought. Plus, Bob Chapman answers listeners questions and we examine this weeks economic reports, noteworthy precious metals articles and events.
Real Audio Broadband: Part I - Stream | Part II - Stream Dial-Up: Part I - Stream | Part II - Stream MP3 Part I - Stream | Part II - Stream 
 Chris Powell, Secretary/Treasurer
Powell has been managing editor of the Journal Inquirer, a daily newspaper in Manchester, Conn., for 26 years. He writes a twice-weekly column about Connecticut issues that is published in a dozen other newspapers in the state and frequently appears on television and radio public-affairs programs in the state.
He twice has been elected chairman of the Connecticut Associated Press Managing Editors Association and remains a member of its board of directors. He is also a director of the Center for First Amendment Rights Inc. and the Mary Lou Smith Scholarship Foundation. He is a member of the Connecticut, Manchester, and Vernon historical societies; the Connecticut Policy and Economic Council; Community Partners in Action (formerly the Connecticut Prison Association); the Connecticut Council on Freedom of Information; and the New York, New Haven, and Hartford Railroad Technical and Historical Association. - GATA.org
Kal Gronvall
About me; and the scams in the coin industry
By trade I am a high school and college English teacher, having taught a total of 11 years. After finishing my Master's degree in 1993 I tried to get back into teaching, but there was such an excess of teachers I couldn't find a job. So, in the fall of 1997 I took a job with the largest gold coin company in the country located in Minneapolis. I worked for that company until just after 2000 turned over. Then I left that company to work for another gold coin company in Burnsville, Minnesota. While working for these two coin companies for a total of six years I got a pretty good handle on the gold coin business, and to my shock, I witnessed some of the lowest, most despicable acts I had ever seen in my life, as other gold brokers around me would lie to customers, misrepresent coins and make false claims about them, promise people impossible monetary gains if they bought certain coins, and the management went right along with it.
I decided to go on the radio and expose these scams in the coin industry I ended up on national radio talk shows doing just that. The biggest problem with the gold coin industry is the fact that it is unregulated. It is basically “buyer beware.” Whatever they can get away with they get away with. In late 1998, a talk show host asked me why I was speaking out against the coins that all the other companies were recommending. I simply told him that these companies sell certain coins because they bring huge profits, not for the customer, but for the coin company. The talk show host told me that many people from the listening audience had asked if I had anything in writing about the scams in the coin industry. I told him that I didn't but that I could put some of these things in writing. I started with 11 pages, then it grew to 17, then to 21, then to 26. I will soon be updating my paper. After I update it I will publish it as a book. I am offering this paper free of charge to anyone who calls and requests it. Now, a little about the paper. Following are the services I provide: The only paper in the country exposing the scams in the coin industry Financial consulting at no charge or obligation An honest evaluation of your financial ability to purchase precious metals -
I do turn people away whom I feel don't have the financial means to buy gold and silver Free information package upon request (37 page information package) I encourage you to copy my material and distribute it I present a common sense approach to owing gold and silver I advocate for you to take physical possession of your gold and silver I sell gold & silver coins at a competitive price - I will not be under sold I buy gold and silver coins No minimum order I do coin conversions or repositioning only if it benefits the customer I have the fastest delivery system in the business (7 to 10 days) Free shipping/insurance anywhere in the United States To expedite the delivery process, I pay for overnight delivery of your payment to me Complete privacy (your name is not entered into any database) Customer references provided upon request Free conference calling with others interested in purchasing I don't have an 800 number, but just ask, and I will call you back when you call - I have unlimited minutes on my phone, so to call you back doesn't cost me more A possibility that you could work for me if we are compatible No high pressure sales tactics or fine print
I believe in education not intimidation - I used to be a teacher.
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