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 Quotes of the Day |  |
Finance serves the economy and allows the public unfettered access to markets and information; establishing prices transparently and free of fraud and manipulation.
-Gary Gensler, CFTC Chairman (and former Goldman Sachs partner)
Everything on the planet can be manipulated with the EXCEPTION of Gold and Silver! You can say the Dollar is manipulated and 'they' will believe you. You can the stock market is manipulated and 'they' will believe you. You can say that LIBOR, all interest rates, bonds, economic numbers from unemployment to inflation to GDP are manipulated...that's OK. But God forbid should you say PMs are manipulated. Say this and you are a conspiracy nut! You are a crazy with a tin foil hat on!
-Bill Holter, Miles Franklin
For the past month, Europe has gone completely dormant, not because "it is fixed" but because, just like in Japan where the JPY has plunged on expectations of an action by the BOJ, so Europe has continued to benefit from the threat of the latest and greatest proposed ECB intervention: the OMT, which on one hand keeps the vigilantes in check, but on the other delays any painful reforms even as the underlying Spanish economy continues to deteriorate without any real structural reforms.
-Zero Hedge
There is no top in gold. The gold price is going much higher than I originally anticipated. The long standing currency war has shifted now putting the dollar in harm's way. Gold is going much higher. Stay the course because what has so far occurred is only the appetizer.
-Jim Sinclair
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Silver Circle Movie - Coming Soon
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READERS: I STRONGLY BELIEVE IN THE IMPACT THIS (NEW-AGE ANIMATED) FILM WILL HAVE ON THE PERCEPTIONS OF GLOBAL YOUTH - PARTICULARLY GIVEN THE TIMING OF ITS PLANNED RELEASE. I HAVE MET THE PRINCIPALS OF THIS PROJECT - YOUNG, SMART PEOPLE REPRESENTING BADLY-NEEDED HOPE FOR AMERICA, AND THE WORLD. I PLAN ON RUNNING THIS PROMOTION AND COMMENTARY UNTIL THE FILM IS RELEASED; AND, AT THE LEAST, I HOPE YOU'LL WATCH THE TRAILER AND LEARN WHAT IT'S ABOUT.
Ranting Andy readers are getting an exclusive look at the Silver Circle movie. A film about the upcoming economic collapse in 2019 will hit theaters in January, but not before taking a promotional tour this Fall for lucky viewers around the country! More details about the release -i.e., exact dates - will be published soon, so stay tuned at SilverCircleMovie.com, and watch the TRAILER here:
 | | Silver Circle - Official Trailer |
Synopsis: Jay Nelson, lead investigator for the Federal Reserve's Department of Housing Stability, is assigned to an arson case at Glenwood Homes. He's quickly led to a rebel group plotting to take down the Federal Reserve. Rebel leader Zoe Taylor tries to convince Jay that although the Chairman of the Fed - Victor Brandt - is blaming the rebels for destroying Glenwood Homes - Brandt himself has secrets of his own. Join the silver-toting Rebels as they attempt to outsmart the Fed, and restore a sound money system in America - once and for all.
Since Ranting Andy's readers love silver - and all things related to ENDING THE FED and restoring sound money - we've got an awesome deal for you! For a limited time, you can visit the Silver Circle Store - and when purchasing a t-shirt, wristband, or bumper sticker, receive a 20% discount by using the code "RANT."
Additionally, if interested in contributing to the project's marketing and distribution campaign, please contact Megan Duffield, Marketing Manager, at Megan@Lineplot.com.
All donations are tax-deductible, and we are hoping to meet our goal of $500,000 before the January theater run - to ensure a successful release. Hey, you can even donate IN PHYSICAL silver. How cool is that?
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| Wednesday Afternoon Wrap-Up 12/26/2012
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 The United States economy is a house of cards... A Canadian Summarizes America's Collapse: "Everyone Takes, Nobody Makes, Money Is Free, And Money Is Worthless" ...on a foundation of sand...  | |
Source: jsmineset.com
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...enmeshed in a daisy chain of death... Generation Y Wakes Up From The American Dream, Faces An American Nightmare ...propped up by bubbles... A Record $2 Trillion In Deposits Over Loans - The Fed's Indirect Market Propping Pathway Exposed ...schemes... Will Rising Union Activism Expose the Zombified US Pensions ...and pyramids... Guest Post: The Structural Endgame of the Fiscal Cliff ...in a vicious circle...  ..."Catch-22"... GOP Leaders on Fiscal Cliff: Senate First Must Act ...that can only end with DESTRUCTION... Geithner - US to Hit Debt Ceiling on December 31 ...and hence, is doomed to "Inflate or Die"... QE4: Monetizing the debt, with no possible exit ...until the END GAME inevitably arrives... What a Currency Collapse Looks Like (It Is Not Pretty) DESPITE all this horror; not just here... Chart Of The Day: Retail Sales & Excuses ...but EVERYWHERE... New Japanese Finance Minister Aso: "Prime Minister Abe instructed me to compile stimulus package without insisting on keeping 44 trillion yen new debt issuance cap." ...U.S. stock traders are "their most bullishly positioned in six years"; I mean, HUH? Stock Traders Are the Most Bullishly Positioned In Six Years To that point, I'm going to give you a short lesson in "Wall Street 101"; that is, that even "famous" analysts and portfolio managers are often DEAD WRONG; such as the myriad MORONS that continually forecast gold's demise... Gold price will plunge below $1,000 an ounce, bears claim - March 2012 Just as disgraced athletes like Barry Bonds, Marion Jones, and - sigh - Lance Armstrong; are still lionized for professional exploits that were either short-lived or fraudulent; fallen Wall Street "superstars" are often worshipped long after proving themselves lucky, criminal, or both. Thus, whether you're speaking of the "Great John Paulson"... Morgan Stanley Redeems Paulson Investments: Explanation For Recent Gold Liquidation? ...who met both criteria... Goldman charged with fraud over Paulson CDO trade ...the TRAITOR Warren Buffett; who can't seem to beat his arch-nemesis ...  ..."Bond King" Bill Gross - who sold ALL Pimco's Treasuries... Report: Pimco's Gross Sells All US Treasury Holdings - March 2011 ...before they did this...  ...to famous mutual fund portfolio managers... Bill Miller to quit as Legg Mason fund manager ...and the mutual funds themselves... Lessons from Fidelity's Struggles with Magellan Fund ...to "wunderkind" hedge fund managers... Steve Cohen As Snitch Could Get Interesting: Street Whispers ...and "national icons" that not only destroyed millions of "poor saps"...  | | Jim Cramer Bear Stearns is Fine 3-11-08 |
...but should be in JAIL; the lesson learned is just because "traders", "analysts," and self or MSM-appointed "gurus" say something, it doesn't mean they're RIGHT. And frankly - more often than not - they are WRONG!... Jim Cramer admits to manipulating the market In two-plus decades as a financial analyst, the most important lesson I've learned is the ONLY way to "beat the house" is find a long-term bull market and "buy and hold" ... Eric Sprott...Why are (Smart) Investors Buying 50 Times More Physical Silver than Gold? - Bill Holter, Miles Franklin ...particularly when you can do so at a MINIMUM OF RISK... Physical = Life, Paper = Death As for today's "markets"; MY GOD, can the Cartel be more obvious? I mean geez, the Dow was down all day - albeit, blatantly supported at the taboo level of -50, and "HAIL MARY'd" into the close - while oil was up nearly 3%; in other words, the "perfect storm" for a strong PM up day...   Yet - what a shock - at EXACTLY 10:00 AM EST; when the ONLY news was yet another miserable manufacturing report...
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Prior
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Consensus
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Actual
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Richmond Fed Mfg Index
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9
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6
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5
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...the PM surge was stopped cold by a "prototypical" "CARTEL HERALD" - that essentially ENDED the day's move...   ...at gold's NEW line in the sand at its 200 DMA of $1,663/oz...  ...and in silver's case - utilizing a blatant late-day attack pattern even I've never seen - at the VERY, VERY KEY ROUND NUMBER of $30.00/oz...  Use your own judgment to determine if the aforementioned Wall Street "experts" are correct to be their "most bullishly-positioned in six years"; or perhaps, should they just GO LONG PMs?  You know the choice I've made; and hopefully, you too will... 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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Thursday Morning Commentary 12/27/2012
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"Tyler Durden" of Zero Hedge said it best - in today's "QUOTES OF THE DAY" - when he wrote the following:
For the past month, Europe has gone completely dormant, not because "it is fixed" but because, just like in Japan where the JPY has plunged on expectations of an action by the BOJ, so Europe has continued to benefit from the threat of the latest and greatest proposed ECB intervention: the OMT, which on one hand keeps the vigilantes in check, but on the other delays any painful reforms even as the underlying Spanish economy continues to deteriorate without any real structural reforms.
-Lede Of The Day: "Spanish Lender Bankia Will Wipe Out 350,000 Shareholders", December 27 2012
In other words, amidst a world mired in a horrific, expanding recession - in some places, depression; wherein, most investment capital has been chased from "markets" by government intervention - the little true "investment capital" that remains is literally scared to "fight the Fed" and other Central banks; whose HYPERINFLATIONARY policies are targeted principally at supporting stocks, bonds, and TBTF banks.
This is certainly the case in Japan, where - despite ALL signs pointing to a full-scale economic collapse...
The Annotated Kyle Bass 'Short-Japan' Thesis
...including a recently acknowledged recession...
Japan's economy in recession - Dec. 10, 2012
...expanding nuclear fallout...
Tokyo Almost As Irradiated As Fukushima
...and, of course...
"DEMOGRAPHIC HELL"
...the Nikkei has risen 17% in the past month...
...simply because the new Japanese Prime Minister - who by the way, FAILED at the same post in 2006-07 -mandated a significant acceleration in MONEY PRINTING...
Japan PM adviser urges unlimited BOJ easing, higher price goal
...that is, the cancer that has destroyed the "Land of the Setting Sun" for 24 years...
In Europe, not only has nothing been "solved"...
Lede Of The Day: "Spanish Lender Bankia Will Wipe Out 350,000 Shareholders"
...but arguably, the situation is significantly worse than a year ago; across the ENTIRE financial system...
Surge In Marginal Lending Facility Usage To One Year Highs Confirms Year End EUR Repatriation
...and ALL economies...
Germany, engine of Europe, faces looming recession
Yet, care of the aforementioned "intervention risk," European markets like the German DAX have levitated all year...
And NO PLACE is such meddling more apparent than the United States of Corruption; which not only faces the same demographic issues as Japan...
Why Japan's "Lost Decades" Are Headed to America in 2016
...but "fiscal cliff"...
Barack Is Back: The 2012 Season Of The Fiscal Cliff Soap Opera Is Finally Concluding
...and "debt ceiling" fiasco in the next four days...
US Treasury "Rises Above" The Debt Ceiling - Now What?
Frankly, the only difference between my "2012 EXPECTATIONS FOR THE MARKET" being 100% correct and the roughly 70% correct they turned out to be was such intervention; which in the big picture, did nothing but "kick the can" a bit further...
Gold As We Approach the New Year - Jim Sinclair
....and ultimately, ensure the inevitable BRICK WALL will only be more immovable...
 | | James Turk's Outlook for Gold for 2013 to 2015 |
As for today's "markets"; what more can I say to make my point? Just as yesterday, I awoke to see "DOW JONES PROPAGANDA AVERAGE" futures +20, where they sat ALL MORNING despite the aforementioned near-term cataclysms. Oil, which rose 3% yesterday, was again up - to essentially its September highs, following the announcement of QE3; as were base metals, European stocks, and the Euro - the latter of which has been surging against the pathetic dollar for months, carving out a MASSIVE "reverse head and shoulders" bottom formation...
The only "news" was a "slight beat" of U.S. weekly jobless claims versus "EXPECTATIONS" - defying ALL other employment indicators...
Initial Claims Drop To 350K, Beat Expectations From Upward Revised Baseline
...that is, until you read the usual "fine print"...
In what is a traditional slowdown to the layoffs season in the week leading into Christmas, initial unemployment claims, dropped from an upward revised 362K (was 361K) to 350K, below a consensus print of 360K, and the lowest seasonally-adjusted number in nearly five years. The boost, of course, was all in the ARIMA X-12 seasonal adjustments, as the not seasonally adjusted number rose by 39K to 441K.
-ZeroHedge.com
Thus, just as yesterday, outside markets provided a "perfect storm" indicating PMs should be meaningfully higher. Of course, with the Cartel diligently "guarding" gold's 200 DMA at $1,663/oz, such REALITY was again denied by INTERVENTION.
Gold was $4/oz lower when I awoke, and has been repeatedly capped all morning each time it attempted to surge - such as the $3/oz WATERFALL DECLINE just minutes before the 9:30 AM EST NYSE open, with no other market budging...
As I write at 9:40 AM EST, the Dow has opened unchanged -just as yesterday, when futures were +20 ALL morning as well. Gold is down $5/oz as the Cartel sits on it with all its might...
However, the real story is silver; fighting a BATTLE ROYALE for the VERY KEY ROUND NUMBER of $30/oz with a Cartel that could not be more blatant in its intentions. Silver's actually up $0.05/oz as I write - but as you can see, "they" won't let it cross $30/oz and retake its own 200 DMA at $30.78/oz; at least, NOT YET...
Oh well, just another opportunity to add to PHYSICAL holdings at such "fire sale" prices - as I did twice last week, and four times in the past month. Remember, gold has only spent 17% of the time since the beginning of its 12-year bull market below its 200 DMA; and just 5% of the time more than 5% below its 200 DMA.
Given the ragingly bullish PM fundamentals - which will only accelerate in 2013 - I STRONGLY suggest you...
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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Miles Franklin and BFI Consulting of Zurich, Switzerland, have partnered for the past two decades in offering access to offshore annuities and managed accounts. Born at roughly the same time in the early 1990s, both firms have successfully PROTECTED clients via quality, secure, private accounts holding PHYSICAL Precious Metals, annuities, and other managed products. BFI is a global leader in the sale and maintenance of Swiss annuities and privately managed accounts - particularly to U.S.-based clients; and through its Global Gold subsidiary - utilizing worldwide storage leader Via Mat - offers international Precious Metal storage services in Switzerland, Hong Kong, and Singapore. As with Miles Franklin's Canadian offshore storage program, Global Gold offers allocated storage OUTSIDE the banking system.
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The Most Vile Story I Have Ever Heard
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Rarely do I read something so disgusting, I retch from just reading the title. Let alone, when it is published by the most traitorous - supposedly "PM-bullish" - organization in the Americas.
Clearly, the abominable title drew me in. However - as you can probably imagine - I barely got through the first paragraph before clicking on the "x" at the top right of my screen. As a precaution, please don't read the below headline - or go swimming - after a big meal...
CFTC'S Gensler: Role Of Finance Is To Serve The Rest Of The Economy
...particularly if you are bold enough to reach the following filth...
Finance serves the economy and allows the public unfettered access to markets and information; establishing prices transparently - free of fraud and manipulation.
-Gary Gensler, CFTC Chairman (and former Goldman Sachs partner)
Why do I show you the ultimate in LIES; from the ultimate LIAR; as published by the ultimate traitor? Because you need to know what you are up against; a world of scheming CRIMINALS - out to take your money, rights, and liberty.
All societies eventually go into decline; and sadly, the causes are typically the same; complacency, arrogance, and - last but not least - fiat currency. Once the latter permeates a society, its CANCEROUS effects spread throughout the population; plus trade partners, allies, and foes alike. Never before have ALL the world's societies been linked by such a DISEASE - in this case, ironically called the "dollar"; as dollar actually originates from the name of SILVER coins...
The Word "Dollar" and the Dollar Sign $
But I digress, as the ANGER of a society that not only allows, but promotes such indignity is often hard to take. Gensler - in all his sniveling glory - represents PURE EVIL; and hopefully, the absurd TRANSPARENCY of his platitudes are evidence enough that the ONLY way to financially survive is avoiding the manipulated PAPER markets he and his ilk reside over.
Sorry to SHOCK you right after Christmas; but I'm trying to GIRD you for the horrors that likely await hard-working, law-abiding Americans in the coming years.
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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Ranting Andy's Mailbox
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Andy,
Your rants are the best. You are the gift.
Happy Holidays, and enjoy the full moon on the 28th.
Barbara
_______________________________________________
Andy,
I have been trying to create a "value" calculator because I have been searching for one on line for over a year now....
I am 29 and just got into a lot of this when I was 26. In many interviews people talk about "wealth cycles" and "buying things when they are undervalued". Do you know of a site or a place to find a pre made spread sheet or calculator? I am having a difficult time wrapping my head around how to create this lol all though it seems in theory it should be simple... But when it comes to creating it, it's not so simple...
I just see it being a spread sheet where you have a list of commodities or median home prices yada yada, plug in the current digits and it tells you what items are currently undervalued lol
Anyways I know this is a lot more than a question but figured if ask because this task has been on my to do list for months...
T
T,
You are over-analyzing. There is no "answer" to valuation, particularly in complex (and manipulated) markets.
However, there are guidelines, as in gold - such as how I come to my "estimate" of what the gold price should be NOW...
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Estimate Source
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Monetary Base ($ trillions)
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U.S. gold reserves (mil ozs)
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Bretton Woods gold value (per oz)
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Published U.S. Gov't Ests.
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2.7
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261.5
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$10,325
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Published U.S. Gov't MB,
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2.7
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100
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$27,000
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RANTING ANDY GOLD Est.
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QBAMCO MB Est. (low end),
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15.0
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262
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$57,361
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Published U.S. Gov't GOLD Ests.
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QBAMCO MB Est. (high end),
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17.0
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262
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$65,010
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Published U.S. Gov't GOLD Ests.
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QBAMCO MB Est. (low end),
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15.0
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100
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$150,000
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RANTING ANDY GOLD Est.
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QBAMCO MB Est. (high end),
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17.0
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100
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$170,000
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RANTING ANDY GOLD Est.
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Andy
_______________________________________________
Hello Andy and Miles Franklin;
I keep hearing every day that gold and silver is going to $2500 on gold and $150 silver and beyond---sure---i don't see it and so does everyone else..... We keep hearing all the negatives about Washington with poor leadership and decision making.... Gold and silver keep trading a little higher and then a little lower for years ..... All in this small trading range...... I'm losing confidence on your predictions .... I don't care about all this manipulation of the commodity markets..... We are stuck in the mud and i have no faith of gold and silver taking off.... I'm sure you'll say be patient, my patience has run out....
Sincerely,
Jim
Jim,
I have NEVER predicted it will get to those levels tomorrow; only when the Cartel is broken, which MAY be tomorrow, and may take several years. But irrespective, THIS is what the PMs have done despite the most intensive SUPPRESSION in financial market history...
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Year
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Gold
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Silver
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2001
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1%
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-3%
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2002
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26%
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5%
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2003
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17%
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23%
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2004
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7%
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18%
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2005
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17%
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29%
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2006
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25%
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47%
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2007
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34%
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18%
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2008
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1%
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-28%
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2009
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26%
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56%
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2010
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28%
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75%
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2011
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13%
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-4%
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2012
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8%
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7%
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CAGR
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17%
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20%
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I don't own PHYSICAL PMs to "make money"; but to PROTECT myself against inflation, which thus far I have done well. Once the Cartel loses control, those numbers you mention will just be starters. But then again, methinks you might not be as happy with the world you live in, no matter how high PMs go.
Andy
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Reliable Financial Advisors
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In a world of heightened speculative and counterparty risks, finding someone you can trust may be the most important research you do. Miles Franklin does not sell stocks, but is frequently asked if we know of reputable, full-service brokers. WE DO NOT CONDEMN OR CONDONE EQUITY INVESTMENTS, but want investors with such interest to be honestly and competently handled.
In resource stocks, the folks at Sprott Global Resource Investments - managed by Eric Sprott and Rick Rule - are the best in the business. 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. That style of business is indicative of the reputation Global has built over the past 25 years. You can feel comfortable with any of their brokers, reachable at 800-477-7853.
For all other stocks - including large cap gold, silver and other resource equities - Nick Shermeta, from Northland Securities here in Minneapolis, is as trustworthy and knowledgeable as they come. Nick is a Senior Vice President with more than 20 years experience, but will treat you as if you were his only client. You can reach Nick at 612-851-5908, or by email at nshermeta@northlandsecurities.com.
The common denominator is decades of Wall Street experience, which should give you comfort that well-seasoned and weathered hands are helping manage your portfolio. Notably, we do not receive compensation for these recommendations. We just want you to know that if they are good enough for us, they should be good enough for you too.
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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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Call 800-822-8080 for a Quote |
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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