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 Quotes of the Day |  |
It's my belief gold was being drained out of the GLD in order to supply the demand in Asia. Therefore, it was not a sign of weakness. It was a sign that banks had no gold.
-"ADMIRAL SPROTT"
I think the plan was, let's knock the hell out of gold and let's get people to cave on owning it. However, the exact opposite happened. There is not a data point on gold where we don't see changes in demand by 100%, or even many hundreds of percent.
-"ADMIRAL SPROTT"
Look at what's happening in the physical market. The LBMA reported record gold transactions in April, of plus 25%. This is the highest level since it peaked in September 2011; so physical trading is at the same level where it was when gold was at its peak at $1,900. The level of physical gold trading is incredible. And it proves that all of the selling is in the paper market. Plus, these were April figures. We have seen, and also refiners have seen, much higher activity in May. So demand is even greater right now.
-Egon von Greyerz
As long as central banks continue to meddle with the money supply, investments will not be made efficiently and the economy as a whole will suffer.
-Logan Albright
The problem with the Fed's 'help' is the money doesn't flow into the system evenly; and thus, the majority loses, and the minority wins. Thanks to the associated capital misallocation, "people with financial assets are all doomed, because stock and bond prices are grossly inflated. I buy gold every month, as I want to have some assets that aren't in the banking system.
-Marc Faber
Traveling down the same road (as in the mid-2000s) is not going to get us to a different destination.
-Peter Schiff
"Kicking the can" used to work. ...We had the gold. We had the manufacturing base. We had the laws and protections of The Constitution. We had the ingenuity and the incentives to succeed. We had the raw resources and the "can do" spirit of the greatest people on Earth. We had (still have) the military. Then, we got fat. We got lazy.
-Bill Holter, Miles Franklin
This reason I am traveling so far and so often is to talk with you directly about what is coming like a run-away locomotive. You must exit the system now or suffer the consequences. My first message in early 2000 was that gold is your foundational investment vehicle for this 20 plus year gold bull market. My mission now is "Get out of the system while you can.
-Jim Sinclair
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Ranting Andy Conference Appearance
Liberty Mastermind Symposium June 28 - 29
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 On June 28th -29th, I will be a guest speaker at the Liberty Mastermind Symposium; to be held at the DoubleTree hotel near the Dallas-Fort Worth Airport. The conference, hosted by Kerry Lutz, Chris Duane, and Robert Ian, will feature 15 of the top minds in our "shadow world"; and thus, I hope to see you there.
For information, go to the
Liberty Mastermind Event page.
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Miles Franklin Conference Appearance
Agora Financial Investment Symposium July 23 - 26
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Join Andy Schectman and Michael Spector of Miles Franklin at the 2013 Agora Financial Investment Symposium; held July 23rd - 26th at the Fairmont Hotel in Vancouver. Call Opportunity Travel at 800-926-6575 to save your spot; and click on the below link for further details:
REGISTER NOW
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Radio Appearance on Operation Freedom
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| Friday Afternoon Wrap-Up 5/31/2013
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 Sometimes, there are several "top stories" to discuss; and thus, I must choose which is most "important." Obviously, the potential CARNAGE of rising interest rates will be discussed. However, I feel compelled to start with what is evolving in the "belly of the beast"; i.e., the COMEX PAPER PM exchange. For years, I have followed the weekly "COT report" (released Fridays at 3:30 PM EST) to gauge what the "commercials" (i.e., the Cartel) are doing; not as an "end all," but a tool in my big picture analysis. Guys like Ted Butler and Harvey Organ have made the cardinal mistake of putting too much credence into such reports - particularly as they could certainly be "cooked." Conversely, I went so far as to write "THE COTs NO LONGER MATTER" 14 months ago; as past correlations between short-term COT data and price movements are clearly much lower than in the past. That said, within a mosaic of depleting PHYSICAL supply...  | | Peak Gold |
...surging PHYSICAL demand... Chinese Gold Imports soar to Monthly Record on Insatiable Demand ...and plunging PAPER prices - amidst the most PM-BULLISH fundamentals of our lifetimes; it's difficult to avoid speculating on what's going on "behind the scenes"... Guest Post: Is It Fixable? In the case of gold, we know COMEX inventory has been rapidly drained...  | |
Source: jsmineset.com
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...including those of Cartel kingpin JP Morgan... JPM Eligible Gold plunges to New Record Low, and why it could have been much worse ...not to mention, the GLD ETF... Sprott - This is why there is such a Massive Shortage of Gold Thus, it's impossible to ignore the MASSIVE commercial short-covering occurring on the COMEX - at the expense of the "Washington General"-like speculative longs. The "commercials" not only have limitless, PRINTED funds to employ; but marching orders from TPTB. Thus, it's remarkable to see them on the verge of going NET LONG - for the first time in the ENTIRE 13-year PM bull market... Speechless Turd, Something is Very Wrong, What could be up! Per the latest report - incorporating trading through Tuesday afternoon, the "commercials" covered another24,901 gold shorts - bringing their net short position down to just 59,221 contracts. For reference, the last time we saw such a small commercial gold short was in 2005 - when gold was just $425/oz...  Likewise, the commercials covered a whopping 3,592 silver shorts through Tuesday afternoon; bringing their net short position to a piddling 8,334 contracts. Believe it or not, the "commercials" have been net short for the ENTIRE 27 YEARS I have data for - attesting to just how suppressed silver has been. Thus, if they intend to actually go NET LONG; it will be a seminal event in Precious Metals HISTORY...  The COMEX has been the government's "primary manipulation tool" for two decades; and thus, something ominous is clearly going on. One can look to myriad "holes in the dike" for an explanation; such as imploding economies... Austerity About-Face: German Government to Gamble on Stimulus Japan's problems could make the Eurozone's look like a garden party ...burgeoning unrest... Firefighters vs. police in Spain austerity protest Meanwhile, in Turkey... ...looming conflict... Britain to Arm Syrian Rebels; Russia Retaliates by Shipping 10 MiGs to Assad ...and - of course - the secret machinations of the "elites"... Big Banks still write the Rules: Former Inspector General of Bank Bailout However, these points are moot if the Fed loses control of interest rates; which as I write, are BREAKING OUT to the upside... "Houston, We have a Problem!" - Dan Norcini The government can publish all the LIES it wants... What Happened the Last Time Chicago PMI Soared ...but in the BIG PICTURE, any semblance of "recovery" is based solely on QUANTITATIVE EASING... THE BOND BUBBLE INFOGRAPHIC - VISUALIZING OVERVALUED TREASURIES ...and thus, the ENTIRE NATION will go "up in smoke" if rates rise...  The government is clearly playing with fire in messing around with diffusion indices and attempting to create a "NEW EMPLOYMENT PARADIGM"; and frankly, the aforementioned events almost makes me think they are purposefully creating a crisis... Stocks slide on Hindenburg Omen Sighting ...such as today's late afternoon plunge in the "DOW JONES PROPAGANDA AVERAGE," taking it down 208 points for the day ... Dow dumps 270 Points intraday to Biggest 2-Week Drop in Six Months ...and by the way, note how such swoons are NEVER allowed to occur early in trading sessions - so as to prevent the possibility of a crash...  As for PAPER PMs, the Cartel was clearly not going to let them enjoy yesterday's "victory." Just one day after gold finally surpassed their "line in the sand" at $1,400/oz, it was attacked first by "THE 2:15 AM"; followed by additional "waves" at EXACTLY the 8:20 AM EST COMEX open; EXACTLY the 10:00 AM EST "PM Fix"; EXACTLY the 12:00 PM EST "cap of last resort"; and last but not least, via "CRYBABY" attack in the day's final hour...  Silver was hit even harder, down 2.5% to the low $22s...  ...while interestingly, the HUI had a late day surge to close just four-plus points lower (I'm watching this HIGHLY MANIPULATED index carefully)...  Think long and hard of what - if anything - in your business or investments are doing well right now. If you can find something - such as a higher house price - chances are it relates to the RECORD LOW interest rates created by Quantitative Easing. Consider which way rates are likely to move - assuming the Fed doesn't "double down" with a new QE5 program; and act to... PROTECT YOURSELF, and do it NOW! Call Miles Franklin at 800-822-8080, and talk to one of our brokers. Through industry-leading customer service and competitive pricing, we aim to EARN your business.  Back to Table of Contents |
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Book Private Meetings and Events
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Miles Franklin seeks creative ways to partner with its clients to market Precious Metals to nationwide audiences. If you are interested in hosting a private meeting - or sponsoring a Webinar presentation - with Andy Schectman, President of Miles Franklin, and "Ranting Andy" Hoffman, Marketing Director, please inquire via email to aschectman@milesfranklin.com or ahoffman@milesfranklin.com; or via telephone at 800-822-8080.
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Monday Morning Commentary 6/3/2013
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Indeed; what is economic growth?
What is Economic Growth? (and why don't we have any)
As a 24-year financial market veteran - not to mention, a 15-year CFA; I long ago learned that "growth" refers to one thing - and one thing only; increased cash flow. And per the below chart, cash flowis decidedly NOT growing. In fact, it his shrinking as a percent of global GDP; depicting a hollow economy masked by "non-cash" gains - much the same as "low quality earnings" are generated not from cash, but accounting gimmicks like altered depreciation schedules and - in the case of today's banks - reduced "loan loss provisions"...
Show Me the Money Flow: Global Free Cash Flow and Capital Spending Contract to 2010 Levels
...despite fundamentals that suggest -if anything - increased loan loss provisions...
Consumer spending falls for 1st time in nearly a year
On Crushing Student Loans, worthless College Degrees and the Millennials
The Kids are (Not) Alright
As far as I'm concerned, the only U.S. "recoveries" are in the government-controlled "stock market"...
Lessons from the 1930s: The Stock Market and the Economy are not the same
...and the blowing out real-estate "echo-bubble; yet again, highlighting the dichotomy of "paper growth" versus REAL activity...
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Source: Zero Hedge
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...but only in areas receiving Fed-inspired speculation and others - like mine in the Denver/Boulder suburbs - where people are fleeing to avoid explosive inflation...
...generally speaking, across-the-board...
Disney announces ticket and parking price increases at Disneyland and Walt Disney World
...but particularly, on the coasts...
Obamacare to Double Cost of Insurance for Average Californian
...per this telling list...
10 Most Expensive Places to Live in the U.S.
This is the legacy of unfettered MONEY PRINTING...
For David Rosenberg, the Legacy of the Bernanke Regime will be Stagflation
...and why the Fed can NEVER "end" it...
Bond Market to Roll Over before Bernanke can Get out of Dodge!
You'd think that after 599 failed fiat currencies, it might start to sink in...
Guest Post: Central Bankers still don't get it
...but it NEVER does; and NEVER will, as the Treasury is broke...
U.S. Treasury is Down to One Day of Cash
...Congress is broken...
U.S. Deficit Deal Even Less Likely
...and the Fed itself, insolvent...
Ben Bernanke Capital May P&L: ($115) Billion
Heck, its OWN ADVISORS admitted so much last week...
Federal Reserve Advisory Committee worries about Inflation, "Unsustainable Bubble" In Stocks and Bonds
...as eloquently dissected by both Peter Schiff...
Fed's Advisory Council admits we're Screwed - Peter Schiff
...and Bill Holter...
Unmanageable Inflation and Unsustainable Bubbles - Bill Holter, Miles Franklin
Moreover, the Fed's "Hobson's Choice" is made even more impossible by the fact the ENTIRE WORLD is amidst economic FREEFALL; from China, which printed a contracting PMI this morning...
China factory activity shrinks, adds to growth fears (May PMI 49.2)
...to Australia...
Down and Out in Down Under
...to the "Land of the Setting Sun"...
Japan Foreshadows Next Global Crisis
Japan's problems could make the Eurozone's look like a garden party
...whose stock market plunged another 3.7% today...
...on fears "THE FINAL CURRENCY WAR" may be going "nuclear"...
South Korea demands "International Action" against "Negative Impact" of Abenomics
"Ze Price Stabeeleetee": The Market Impact of the BOJ's Interventions
In Europe, the situation is worse still...
Visualizing the European Monetary (Dis)Union
Europe's Austerity Revolt Forces Easing on Cuts
Italy Labor Union predicts Return to Pre-Crisis Employment by 2076
...per this morning's 20th straight contractionary monthly PMI report...
Europe PMI Downturn Eases, but Recession Continues (May PMI 48.3)
TPTB can play all the MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA games they want. However, the GLOBAL economy is dying...
18 Signs that Massive Economic Problems are Erupting all over the Planet
...the next crisis is imminent...
Financial system 'waiting for next crisis'
...and Benny could well see his grand "QE" experiment backfire before his eyes...
Bond Market to Roll Over Before Bernanke Can Get Out of Dodge!
...destroying the majority of investors...
Marc Faber: "People with Financial Assets are all Doomed"
...as PANIC sets in - to sell PAPER assets...
Sprott - A Mega-Panic is Coming & Here is the Reason Why
...and buy PHYSICAL PMs...
Sprott - Gold Raid has "Unleashed a Torrent of Buying"
China's demand for Physical quadruples gold premium
The Current Level of Physical Gold being Traded is Shocking
...of which, supply is rapidly depleting...
Lonmin Shares, ZAR Slide following Deja Vu News of Two South African Mine Workers Shot, One Dead
...and one day - perhaps MUCH sooner than you can imagine - will be gone ENTIRELY...
As for today's "trading," what more need I say than the Cartel will do ANYTHING to prevent gold from crossing its "line in the sand" at the VERY KEY ROUND NUMBER of $1,400/oz?
...and silver, from crossing its own "line in the sand" at $23/oz; per this beauty of a "CARTEL HERALD" - with NOTHING else going on, at EXACTLY the 8:20 AM EST COMEX open...
Following yet another Nikkei plunge - with European stocks flat to lower - TPTB instituted PPT Rule #1 in the early morning hours; i.e., "DOW JONES PROPAGANDA AVERAGE" futures must be higher following a material down day." Thus, they spent the entire morning in the +65 to +85 range; not budging when the following, blas� news printed at 9:00 AM EST...
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Prior
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Consensus
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Actual
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PMI Manufacturing Index
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52.1
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52.1
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52.3
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In fact, the only market showing a pulse was Treasury bonds; but not the "good kind." The benchmark 10-year Treasury yield jumped as high as 2.19% whilst Dow futures sat at their highs (huh!), but have since settled back to 2.17%; still, an ominously dangerous level for an economy based solely on ultra-low rates - and a potentially lethal derivatives market, dependent on same...
Eventual Rise in Interest Rates Will Be Downfall of US
But what's this? It's 10:00 AM EST; and thus, it took just 24 trading hours for me to be PROVEN correct; in that Friday's "cooked" Chicago PMI number was a complete sham. First, construction spending came in well below "EXPECTATIONS"...
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Prior
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Consensus
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Actual
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Construction Spending
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-1.7 %
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1.0 %
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0.4 %
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...and then - BAM! - the ISM Manufacturing index validated last month's Chicago PMI...
Welcome Back Recession: Chicago PMI Implodes to 49, First Sub-50 print since September 2009
...by printing a recessionary sub-50 print...
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Prior
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Consensus
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Actual
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ISM Mfg Index
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50.7
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51.0
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49.0
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...depicting the lowest U.S. manufacturing activity since the BOTTOM of 2009's Global Meltdown I...
Interest rates, of course, initially plunged (still think the government doesn't "manage" economic data?); as did the Dow. However, the latter "miraculously" turned on a dime when it was about to turn negative...
...instead, ROCKETING higher as the PPT seeks MSM "validation" with quotes like "stocks higher on expectations of further QE"...
Huge Manufacturing ISM Miss and Lowest Print since June 2009 Sends Markets Soaring
Paradoxically, rates have since crept back up; and as I write at 10:15 AM EST, the 10-year Treasury rates remains at 2.17%...
...while lo and behold, there was a reason why the HUI rallied late Friday afternoon; and why the Cartel was so maniacal in keeping PM's in check going into this number...
Gold is now up $18/oz to $1,404/oz (is this another "CARTEL HERALD" forming?); while silver is up $0.40/oz to $22.65/oz; and the HUI, five points...
The BIG PICTURE is a GLOBAL economy in shambles; worsening EACH DAY, as it has for the past five years. All talk of "ending" - or even "tapering" - MONEY PRINTING is just that; and any attempts to further such PROPAGANDA will only cause the stock and bond CARNAGE we witnessed Friday. TPTB's high-wire tight rope act is getting shakier each day...
 | | Nik Wallenda's Tightrope Walk Over Niagara Falls - Niagara's most daring stunts |
...and thus, you MUST...
PROTECT YOURSELF, and do it NOW!
Call Miles Franklin at 800-822-8080, and talk to one of our brokers. Through industry-leading customer service and competitive pricing, we aim to EARN your business.
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BFI Wealth, Zurich - Swiss Annuities and Managed Accounts
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Sellouts!
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If there's one thing I'm famous for - or some might say, infamous; it's CALLING BULL when I see it. Whether politician, financier, or newsletter writer; you can be sure if the person is a hypocrite, self-server, or charlatan - RANTING ANDY will be there to inform you. In fact, at many of my presentations and Webinars, a good portion of the Q&A is dedicated to "deconstructing" those purporting to be "good" in a world chock full of bad.
Beware of performance of newsletters writers
Each day, the "evil troika" of Washington, Wall Street and the MSM suffocate us with PROPAGANDA; often, from those we had previously trusted. The Cartel CANNOT destroy my infallible position in PHYSICAL PMs; however, they can certainly irritate me by presenting the tainted, biased views of those claiming to be on my side - but in REALITY, could care less if I live or die...
"I DESPISE MARTIN ARMSTRONG"
This RANT was inspired by the non-stop prattling of Bill Gross of PIMCO; who I have long railed against as someone that used the power of his role - as the world's largest bond fund manager - to influence government policy; i.e. crying like a baby for mortgage bond BAILOUTS. He appears to have finally "found religion" in his recent criticism of government PRINTING and SPENDING - and even advocates gold. However, as a "MAINSTREAM" portfolio manager, he must still speak of "markets" as if they are freely-traded...
As of now, ...the price of gold [does] not suggest that markets are worried about the global inflation consequences of QE.
-With The G-4 Central Banks "All In", Pimco Speculates When QE Finally Ends, ZeroHedge.com, May 31 2013
...and thus, I still view him as a "snake in the grass"; albeit, a garter snake compared to vipers like Warren Buffett...
Warren Buffett feeling good about economy
To wit, I've already written volumes of the TRAITOR Warren Buffett has become; particularly as his father was one of U.S. history's most noted "goldbugs."
Howard Buffett said "Human Freedom Rests on Gold Redeemable Money", Called for Return to Gold Standard
...not to mention, that he, too, once thought independently...
Silver Ounces - Warren Buffett Buys Silver
Buffett has been as WRONG about the U.S. economy as ANYONE over the past decade - but has been well compensated for being a government "front man" since 2008's Global Meltdown I...
Warren Buffett: Deep Pockets and Sweet Deals
...let alone, via bailouts of his own companies...
Warren Buffett, the Devil in the Details
...because he ENTIRELY MISSED what was coming; and if you watch him speak during the below film, do so only after your last meal is long digested...
I.O.U.S.A. - Wikipedia, the free encyclopedia
Then you have the politicians; starting with none other than Rudy Giuliani - the NYC mayor during 9/11. Long-time readers know I not only was ten blocks away when it happened - in the Travelers building on Greenwich Street; but worked at Cantor Fitzgerald in 1993-96 - on the 105th Floor of the South Tower - when the first WTC bombing occurred. I lost many friends and colleagues in the 2001 false flag attack; and thus, have as much right to a 9/11 opinion as anyone...
 | | Loose Change Final Cut (FULL VERSION) |
In its aftermath, Rudy was as inspiring a leader as I had ever come across. However, to see him morph from a "war hero" to a political stooge with but one goal - to become PRESIDENT - was among the most sickening "SELLOUTS!" imaginable...
Rudy Giuliani presidential campaign, 2008
Similarly - although not as dramatically - Chris Christie of New Jersey went from being the most respected politician in my universe to one of its leading "SELLOUTS!" He, too, parlayed a once-admirable set of ethics into political posturing (likely for a 2016 Presidential run); and to watch him whine like a baby in Hurricane Sandy's aftermath - exploiting it ENTIRELY for political gain - was truly a vile site to behold...
Chris Christie Becomes Hurricane Sandy Historical Revisionist
Last but not least, there's "Mayor Bloomberg" of New York; whose lust for money and power is so great, he re-wrote the term limits provision of New York's constitution. Once one of the heroes of my financial world; he, too, has significantly abused his power; both on a personal level...
Bloomberg's Latest Nanny-State Initiative Could Be Overturned, too
...and criminally; although I'm SURE he'll feign ignorance, being the "mafia don" he has become...
What the Bloomberg terminal scandal reveals about the media and its money-making ways
The point of this RANT is to keep you aware that "precious few" people could care less about your well-being; and as the GLOBAL ECONOMIC COLLAPSE gains momentum - HYPERINFLATION and all - the amount of Atlas Shrugged-like "SELLOUTS!" will only expand - exponentially.
PROTECT YOURSELF, and do it NOW!
Call Miles Franklin at 800-822-8080, and talk to one of our brokers. Through industry-leading customer service and competitive pricing, we aim to EARN your business.
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Reliable Financial Advisors
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Miles Franklin Ltd. has no affiliation with the following financial advisors and no consideration is paid to Miles Franklin Ltd.
Resource Stocks:
Sprott Global Resource Investments (managed by Eric Sprott and Rick Rule)
In various capacities, we have worked with Eric Angeli, Jeff Howard, Kenton Toews, Mishka vom Dorp, Jason Stevens, Anthony Marsh, and Andrew Jackson - all of whom are diligent, ethical, and knowledgeable. You can feel comfortable with any of their brokers, reachable at 800-477-7853.
Diversified Equities:
Northland Securities
Nick Shermeta, Senior Vice President
612-851-5908
nshermeta@northlandsecurities.com.
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About Andy Hoffman
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Andrew ("Andy") Hoffman, CFA joined Miles Franklin as Marketing Director in October 2011. For a decade, he was a U.S.-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on Precious Metals, and since 2006 has written free missives regarding gold, silver, and macroeconomics under the moniker "Ranting Andy." Prior to joining the company, he spent five years working as an Investor Relations officer or consultant to numerous junior mining companies. An archive of Andy's "RANTS" can be found on the Miles Franklin Blog here.
For more information on Miles Franklin Ltd. visit our website.
Miles Franklin | 801 Twelve Oaks Center Drive | Suite 834 | Wayzata | Minnesota | 55391 | 1-800-822-8080
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Readers are advised that the material contained herein is solely for informational purposes. The author and publisher of this letter are not qualified financial advisors and are not acting as such in this publication. The Miles Franklin Report is not a registered financial advisory and Miles Franklin, Ltd., a Minnesota corporation, is not a registered financial advisor. Readers should not view this publication as offering personalized legal, tax, accounting, or investment-related advice. All forecasts and recommendations are based on opinion. Markets change direction with consensus beliefs, which may change at any time and without notice. The information and data contained herein were obtained from sources believed to be reliable, but no representation, warranty or guarantee is made that it is complete, accurate, valid or suitable. Further, the author, publisher and Miles Franklin, Ltd. disclaims all warranties, express, implied or statutory, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, accuracy and non-infringement, and warranties implied from a course of performance or course of dealing. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The author, publisher, Miles Franklin, Ltd, and their respective officers, directors, owners, employees and agents are not responsible for errors or omissions or any damages arising from the display or use of such information. The author, publisher, Miles Franklin, Ltd, and their respective officers, directors, owners, employees and agents may or may not have a position in the commodities, securities and/or options relating thereto, and may make purchases and/or sales of these commodities and securities relating thereto from time to time in the open market or otherwise. Authors of articles or special reports contained herein may have been compensated for their services in preparing such articles. Miles Franklin, Ltd. and/or its officers, directors, owners, employees and agents do not receive compensation for information presented on mining shares or any other commodity, security or product described herein. Nothing contained herein constitutes a representation, nor a solicitation for the purchase or sale of commodities or securities and therefore no information, nor opinions expressed, shall be construed as a solicitation to buy or sell any commodities or securities mentioned herein. Investors are advised to obtain the advice of a qualified financial, legal and investment advisor before entering any financial transaction.
IN NO EVENT SHALL AUTHOR, PUBLISHER, MILES FRANKLIN, LTD, AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR OTHER DAMAGES ARISING OUT OF OR IN ANY WAY CONNECTED WITH ANY INFORMATION CONTAINED HEREIN OR IN ANY LINK PROVIDED HEREIN, PRODUCTS AND SERVICES ADVERTISED IN OR OBTAINED HEREIN, OR OTHERWISE ARISING OUT OF THE USE OF SUCH INFORMATION, WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE. |
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