On this week’s The Real Money Show, Darren V Long continues the discussion on why Guildhall believes the global economy is showing signs of serious wear and tear by adding in the warning signs being flashed by Greece and other Euro nations. In addition to this Darren V Long also discusses the fact that Canada is now in a “technical recession” and how our country will need to have an excellent 3rd and 4th quarter in order to avoid falling into an all-out recession. Darren V Long and Jeremy Wiseman also discuss US jobless claims and recent US data suggesting they are also falling just shy of recessionary numbers but more importantly how this data is beginning to flash warning signs similar to the 2008 global meltdown.
In addition to this Jeremy Wiseman also discusses the growing concerns over bullion shortages and high premium on gold and silver as highlighted by the recent halt in the US Mint’s production of Silver American Eagles because of silver shortages. Jeremy also discusses the ongoing debate about how high silver could go in 2015 and highlights an article talking about silver rising to as high as $36 per ounce in 2015.
Darren V Long and Jeremy Wiseman also discuss Precious Metals and the growing concerns over the potential lack of bank preparedness for shocks to the system as well as what would happen to people’s money in the event of a system shock. Darren V Long also discusses the art of hiding factual negative economic data through the manipulation of headlines in the media. This alarming trend is growing and as it continues will have an impact on people’s ability to invest successfully using manipulated untruthful data.
Paul Wiseman talks about Color Diamond collecting and investing and why these beautiful assets are quickly becoming the go to investment for a large community of investors worldwide. Darren V Long discusses the diamond of the week a 2.31 Fancy Intense Yellow and how this diamond would make an ideal candidate for both the investor and the collector who might want to make this diamond into a piece.