Saturday 1-2pm EST and Sunday 10-11am on AM640 Saturday 12pm MDT AM770
FOMC Ends Third Round of QE & Special Guest Interview with Paul Zimnisky
The Guildhall Panel discuss the impact of the end of QE 3 and the impact on the markets and gold and silver. Darren V. Long talks about the three reason we are bullish on silver.
1. The gold-to-silver ratio continues to widen
2. Supply and demand fundamentals are extraordinary
3. Institutional investors continue to bet big on silver
In summary owing gold and silver is looking after your investments first with hard asset purchases. The panel discusses the latest comments this week by Alan Greenspan “QE Failed to Help the Economy, The Unwind Will Be Painful” and gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.
Jeremy Wiseman interviews Special Gust Paul Zimnisky an independent diamond industry analyst and consultant.
Paul talks about the relatively small mine production of diamonds and that new mines take up to 10 years to be brought into production. Therefore the supply for diamond and especially natural fancy color diamonds is very limited. He adds that hard assets like color diamonds are an excellent way to preserve wealth.
Paul Wiseman supports what Zimnisky is saying by adding how Pink Diamonds from the Rio Tinto Argyle mine have tripled in value over the past 14 years.
The panel advise new inventors on ways to get started in buying natural fancy color diamonds.