On this week’s “The Real Money Show” the theme was “Signals falling into Place”. Darren V Long introduces several different topics for today’s discerning investor including the impacts of the drop in Oil on the Canadian economy, the huge miss in new Jobs in the US resulting in a wiping-out of the supposed June Rate Hike. Further, Darren V Long highlights that a Silver & Gold TFSA is wise option in light of these flashing Signals.
Jerry Correia discusses the topic of money fleeing China into hard assets to avoid financial turbulence brought on by their massive expansion of credit. Plus, more on the on-going issues regarding Germany’s Deutche Bank and how it can potentially be the next Lehman Bros.
In reference to China’s flight to hard assets, Jerry Correia reports on the Aurora Green diamond that was sold to Chow Tai Fook Enterprises at a record smashing price at auction. Guildhall unveils their diamond of the week, the new .49 Fancy Green diamond which can be viewed upon request at the upcoming June 9th Diamond Seminar in Markham.