Forum Post: ((AUDIO)) Erik Townsend: “Why Commodity & Futures Investors Could Be At Risk ...my OWN experience.” -&- Gerald Celente about the MF Global Debacle ((AUDIO))
Posted 8 years ago on Nov. 24, 2011, 2:43 p.m. EST by MonetizingDiscontent
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...Happy Thanksgiving... If you're as fascinated, horrified, and as confused about the mayhem in the futures markets as i am, especially since the ongoing MF Global incident, this piece of radio will either be a treat on a lazy thanksgiving evening, or it will ruin your dinner entirely. Erick Townsend's account of his own experience is as enlightening as it is dark.
James J Puplava CFP with Erik Townsend and Gerald Celente
(((Things begin to get Interesting at minute: 13:43 in this audio))) http://www.financialsense.com/financial-sense-newshour/big-picture/2011/11/19/02/erik-townsend-gerald-celente/best-looking-house
((13:43)) In this segment, Jim interviews Erik Townsend about the ongoing risks to commodity and futures investors. Jim continues to assess the US debt situation in a Big Picture segment, "The Best Looking House in a Bad Neighborhood." Jim also takes more of your Q-calls in this segment.
(21:13 in the interview) Erik Townsend: “Why Commodity and Futures Investors Could Be At Risk−my own experience”, and Jim’s Big Picture: “The Best Looking House in a Bad Neighborhood” (fascinating)
Erik Townsend is a Private Investor based in Hong Kong. He was a successful American technologist and entrepreneur in the 1990s technology boom, and retired from the software industry in 1998 after selling a company that he founded in 1991. After a short hiatus to pursue personal interests, he re-invented himself as a full-time private investor with a macroeconomic investing strategy.
In this segment, Jim interviews Gerald Celente... ((at minute marker 37:45 in the audio)) ...about the MF Global debacle. Founder of The Trends Research Institute in 1980, Gerald Celente is a pioneer trend strategist. He is author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and Trend Tracking: The System to Profit from Today's Trends (Warner Books). Gerald Celente's on-time trend forecasts, vibrant style, articulate delivery and vivid public presence makes him a favorite of major media.