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Date: August 21, 2008
Subject: G&G Conf Call - "Why Gold & Silver"


This is
G&G Associates
Tax & Financial Consulting Services


Bear Market or Correction?

From its high in early July the benchmark Reuters-CRB Index has declined 19% while crude oil prices have tanked 23%. But, for some reason gas prices have only declined nationally 8.6%. Other commodities have declined even more. Oil stocks, as measured by the Spiders XLE Index (XLE) are down 22.5% from their highs while the Dow Jones Oil Equipment and Services Index is off 21% from its best level.

Commodities, including oil, are in a correction. But don't be mistaken: We're definitely not at the cusp of a bear market for oil or commodities. The market is right to discount a slowing global economy this year as credit problems and stagflation spread to overseas economies. It's wrong to assume that the bull market in oil and most other commodities is over.

In its fight to control deflation in housing and failing bank credit, the Federal Reserve will continue to pump the financial system with more fiat money. Massive government bailouts don't come cheap. Over time, inflation, which is now moderating, will make a comeback.

And what about the dollar? The dollar may be in a bull market rally now, but the buck simply doesn't have interest rate support from the Fed. Plus, the economy remains mired in a severe slowdown or recession across several important industries.

But one commodity class always stands the test of time...Precious metals (Gold & Silver). These two precious metals continue to flourish no matter what happens in the economy because of their intrinsic value characterisitics. Get on my conference call tonight and I'll explain to you how and why you need to be stocking up on it now, like they are stocking up on rice in China. Plain old economics "Supply" and "Demand." (see quote below)

Conference call information:

Thursday, Aug 21, 2008
9:00p-10:00p est.
Tax & Financial Training Call
"Why Gold & Silver"

Download Links:
N/A

712-451-6100 pin 974124#

All Times are Eastern Standard Time (please make adjustment for time zone)

-----------------------------------------------

If you missed the last call "Economic Crisis Management pt III & IV", no problem. You can listen to the playback of the call by dialing the number below:

Playback Number: (641) 715-3487
Access Code: 974124#


Thanks

Gary Gray
Tax & Financial Consultant, RFC
G&G Associates
877-817-6031 toll-free
866-361-3872 toll free fax
www.gngassociates.net


"A Prudent man foresees the difficulties ahead and prepares for them; the simpleton goes on blindly and suffers the consequences."
Proverbs 22:3 -- Living Proverbs




 

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