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FSN: If You Told Me Then…

Friday, April 19, 2013 18:25
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

by Andrew Hoffman
Miles Franklin

In May 2002, I was a 31-year old “hot shot” sell-side analyst at Salomon Smith Barney in New York City. My oilfield equipment, drilling, and service research team was one of Wall Street’s top ranked, and the future I had always dreamed of seemed possible. Furthermore, I had just gotten engaged; and thus, was ready to “take on the world.”

However, the seeds of doubt were already being sown; as Salomon’s core business – investment banking – had peaked in 2000; as had my compensation. Moreover, numerous scandals lurked behind our closed doors; as a nasty, two-year market “correction” was bringing a lot of shady Wall Street activity to light. Moreover, as sharp as I was in my “sphere of influence” on the Street, I had yet to fully grasp the BIG PICTURE clouds gathering around the world. I mean heck, the GLOBAL economy peaked two years back; and thus, it was nearly IMPOSSIBLE to be that pessimistic. However, I was – more so than at any time in my life.

Continue Reading at MilesFranklin.com…



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