»» Japan was once again in the spotlight this week. Volatility and the rise in government bond yields led to a shift in global investor sentiment.

»» Global economic indicators were mixed, with China weaker, Europe stronger, and the U.S. resilient once again.

»» Central banks and their bold moves continue to be a key focus for investors. During the week, the focus was on Fed Chairman Ben Bernanke and his
testimony to Congress. (pages 2-3)

»» Global Roundup: Updates from the U.S., Canada, Europe, and Asia Pacific. (pages 3-4)

For the complete report as well as Daily Updates CLICK HERE.

If Precious Metal Stocks are going to bottom in this important area, or  fall through, every Trader/Investor is going to need some great vehicles to take advantage. 

At this critical time, when Money Talks is holding the Emergency Gold Summit, Greg Weldon was kind enough to offer all Money Talks readers/listeners/subscribers the thursday copy of of his TrendTRAKR. TrendTRAKR is  a Simple Solution to locating those investments whether they be long or short. 

For those who attended The Emergency Gold Summit or bought the Video you will likely be in the position to want to exploit Greg’s service now. So here they are in Excell Format. Links to the tutorials can be found on the first page of each workbook:

1. All the 200+ Metal & Energy Equities Trending and marked bullish or bearish can be found HERE. Be certain to click on the 3rd folder in the left hand column titled “Metal & Energy StocksTRAKR” to view the list. 

2. All the TSX60 Trending can be found HERE. To find the entire list of  bullish/ bearish, strengthening/weakening, and or no significant trend be certain to click on the 3rd folder in the left hand column titled “TrendTRAKR”

 For a FREE TRIAL of Weldon’s TrendTRAKR go HERE. Others may wish to subscribe straightaway HERE is the pricing information.

In the conference last thursday night Martin Armstrong’s perspective fascinated many as you can tell from this email sent to Martin:

Thank you. Your insight into how everything is connected has saved me a fortune. I cannot tell you how many people showed up tonight simply to hear you. As the moderator said, you have the best track record of anyone. Your insight into the world is amazing. I understand what you said tonight as so many were talking about your speech walking out. It will be the markets that force political change. You have thousands of followers here in Vancouver. You should know that.

Thanks for everything you are doing.

 R…S,,,

Martin Armstrong’s Answer to R…S,,,

Thank you. It is nice to see the understanding of the world economy is growing. I believe to create political change that will preserve our liberty, it requires the public to grasp the world is all connected. If we can accomplish that, we have a chance at leaving our children and their’s a better life rather than a dismal one. I have been speaking in Vancouver for 30 years. It has always been one of my favorite spots in North America.

Ed Note: To order the entire Video Presentation of the Emergency Gold Summit including Martin Armstrong’s presentation click on the image below or HERE

Martin Armstrong’s perspective fascinated so many at last night’s Emergency Gold Summit, as you can tell from this sent to Martin:

Thank you. Your insight into how everything is connected has saved me a fortune. I cannot tell you how many people showed up tonight simply to hear you. As the moderator said, you have the best track record of anyone. Your insight into the world is amazing. I understand what you said tonight as so many were talking about your speech walking out. It will be the markets that force political change. You have thousands of followers here in Vancouver. You should know that.

Thanks for everything you are doing.

 R…S,,,

Martin’s Answer to R…S,,,

Thank you. It is nice to see the understanding of the world economy is growing. I believe to create political change that will preserve our liberty, it requires the public to grasp the world is all connected. If we can accomplish that, we have a chance at leaving our children and their’s a better life rather than a dismal one. I have been speaking in Vancouver for 30 years. It has always been one of my favorite spots in North America.

An example of Martin’s thinking that he posted in this on his blog last night:

Why The Fed Risks are Nonsense

All we have heard is about the hyperinflation is all based on the idea that the Fed has increased the money supply. I have warned that the dollar has become the new world currency. The German elections in September are not looking good. Let’s just step back a second and look at the issue without bias. The real risk of the Fed is perhaps a half-trillion loss that is less than 3% of GDP. We have the Bank of England buying nearly 100% at times of government new debt compared to 60% at the Fed. The Fed has simply a theoretical inflation risk. However, what is the risk at the ECB and Bundesbank? The risk there is the collapse of the Eurozone that ends in the split of the union. The whole issue of the ECB saying that depositors will have to bailout the banks is because they cannot reach agreement of who will pay for what. Germany is not about to pay for a bailout of Spanish banks. So the only solution is that the depositors of the troubled bank will have to suffer the loss. That is the “fair” way of doing this with of course those with more than a €100,000 euro will pay most of the cost.

In this case the Bundesbank, that sits on €700 billion of peripheral euro (debt) assets of member states. If these assets were shaved by 30%, the currency devaluation for such assets would be about 5% of the German GDP.  Clearly, the risks of a catastrophic collapse exists in Europe on a major scale. No such risk exists at the Fed.

The Swiss government holds assets of €350 billion in  foreign currency reserves. A 20% franc revaluation to EUR/CHF parity would give them a loss of €70 billion that would amount to 15% of Swiss GDP. The risk for the Swiss is trying to prevent the Swiss from rising against the Euro and that risk in the result of the peg. The Swiss are intentionally buying Euro to keep their currency down. The peg is a loss that could be devastating. They are trying to diversify in turn selling the Euro for other currencies including A$ and C$ along with the US$ of course..

The dollar is the only game in town. If the German elections turn bad, look out come September.

Ed Note: To order the entire Video Presentation of the Emergency Gold Summit including Martin Armstrong’s presentation click below HERE

Mike Campbell: Martin Armstrong has been clear for the last two years that while the market would dictate ultimate price action – the trend remained down. His models warned that gold was not the place to be until late 2015 at the earliest. He has written consistently that the majority of gold analysts don’t understand the factors that move gold. Over the years I have learned to pay attention when Marty speaks.

That’s why personally, I wanted him to answer the questions above and the video includes that Q&A with Marty at the Emergency Gold Summit.

Interest Rates – Greg Weldon Analyses Bernanke & The Fed’s Congressional Testimony as it relates. Go to the 5:37 mark for the beginning of Greg’s presentation. The 7:35 Mark for Greg’s comments on where & when they intend to get short the Bond Market.

 Ed Note: With Michael’s Emergency Gold Summit occurring tonight and Precious Metal stocks grinding around  the attendee’s and 

Ed Note: With metal mining stocks grinding around, names are what you need for investing/speculating. Gregory Weldon’s daily TrendTRAKr is brilliant for isolating Equities & ETF’s in all phases of trending, trend strengthening, trend weakening &  end of trend . You can get a 30 Day FREE TRIAL of this $1,200 service HERE, or outright register HERE.