We talked with Jerry Robinson of FTMDaily.com fame. He’s getting very concerned about the safety of the banking system after the JP Morgan data breach, where information was stolen on over 83 million people. The bank spends $250 million per year on computer security and yet they were powerless to stop it. Perhaps it’s time to put your money in several banks. Jerry also believes that we’re close to a buy signal in precious metals. Of course we’ve all heard this many times over the past three years, but this time really could be different, what with wars breaking out across the globe, pandemics and a lousy economy to boot.
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