This past Friday, Rick appeared on The Korelin Economic Report. Rick and Al took a break from financial topics this time and instead discussed the November elections. (Rick's segment is #6). Here is a transcript of that interview: Al Korelin: Okay. I’m back with Rick Ackerman. I’m going to do a little bit of a political discussion here, because politics, in my opinion, does relate directly to investing. Okay? Rick, I got a question for you. This deals with the current, with the Obama administration right now.You look at the numbers that are coming out right now. I want to start off with consumer sentiment. Consumer sentiment dropped 5.2 points down to 74.1, according to the Reuters/University of Michigan Sentiment Index that was announced on Friday. It went from 79.3 down to 74.1, okay? That is very, very negative. I think that is a major, major indication of obviously what’s going on in terms of people’s minds. You look at the gold indexes, because I think gold is a very, very accurate sentiment of consumer confidence, as is the first number we brought out. Gold continues to stay above $1600 an ounce level, okay? In spite of the fact that people are calling for gold to drop because things are starting to look so damn good, which I don’t think they are. Now in spite of this, the Dow Jones Industrial Average is not doing too bad. Now, given that scenario, how can the Obama administration possibly think that they can get re-elected? You look at the unemployment numbers that came out yesterday, they were worse, okay? 386,000, if I’m not mistaken, or something like that. Rick Ackerman: Well, I think Al that they can’t. You’ve got a trend that’s global right now, that simply wants to turn the incumbents
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Audio: Rick on Gold, Silver & Junior Mining Issues
– Posted in: LinksThis weekend, Rick was a guest on The Korelin Economic report. Rick and Al Koreling discussed gold, silver and junior mining issues. The link can be found here. Rick's is segment #3.
Audio: Still Going Up, But Will it Continue?
– Posted in: LinksYesterday, Rick was interviewed by Al Korelin of The Korelin Economic Report, where the topic of discussion was the rise in precious metals prices.
Audio: Recap of Last Week
– Posted in: LinksOn Saturday's Korelin Economic Report, Rick and Roger Weigand discussed last week's market tumult.
Audio: Further Carnage Near?
– Posted in: LinksThis interview was to have concerned my recent editorial concerning Amazon’s avoidance of sales taxes. However, with stocks and commodities plummeting on Thursday, we instead talked about the likelihood of further carnage as the ‘risk trade’ unwinds globally. We also discussed the deflationary implications of all this, notwithstanding the relatively piddling inflation that is likely to continue at the grocery store.
Audio: The Perfect Economic Storm for Metals
– Posted in: LinksAl Korelin and Rick Ackerman discuss the day’s activities for Gold and Silver, and the implications that a Greek default might have on the markets.
Audio: Rick on Gold and the Economy
– Posted in: LinksThis past Saturday, Rick Ackerman was interviewed by Al Korelin of The Korelin Economics Report. During the interview, Rick discussed the economy and offered his views on the gold market. The full eight-segment show may be heard here.
Audio: Could This Happen?
– Posted in: LinksIn segment seven of today's Korelin Economics Report, Rick and Al Korelin discuss potentially major news President Obama could soon announce. An index to all segments of the show can be found here.
Audio: The Future of Gold & Silver
– Posted in: LinksOn Friday, Rick was interviewed by Al Korelin of The Korelin Economics Report. In this segment, Rick discusses the future of gold and silver.
Audio: Rick on Gold, Palladium & Corn
– Posted in: LinksRick was indeed very busy in front of the microphone this weekend. In this 15-minute segment with Kerry Lutz of the Financial Survival Network, Rick discusses his views on gold, palladium and corn.
