Guardian International Currenc y Corp.

Volume 1, Issue 6 June 15, 2011

Don Filippos Insight

Greece at the Forefront, Yet Again.
World Issues Commodities Review The Way I See Things A Little More 1 1 2 2

Greece at the forefront of economic negativity as the Greeks refuse the austerity measures proposed. The Greek government has been forced to sell a 10% stake in its telecom company to raise capital. Unfortunately it is a third less than what was offered originally. This stalemate may cause Greece to default on its debt and send many European Institutions to their knees. The Euro continues to melt away. The G20 was supposed to bring the world banks under financial regulations managed by Canada and the headquarters in Toronto, Ontario. Consequently the objections were loud by the European and American Bankers that were confident that they could pull out of this mess without regulations and being policed. Is it not the lack of rules and regulations that got the world in this mess to begin with? Why do the politicians continue to trust the real criminals of our world, the Bankers? New Zealands, Christchurch was hit again be another earthquake, flattening any remaining standing buildings. China growth and inflation was well above expectations giving a boost to the markets yesterday. Inflation is worrisome as they again increased bank reserves to limit spending and money supply. The Rapture was delayed until October 21, 2011, it will give us all a little more time to prepare.

Commodities Report
Gold reacts positive to fear as it rises $6.30 @ $1,530.00. Silver also jumps 0.36 cents @ $35.75USD/oz, still very volatile, Range $49-$32.30. Oil positive $0.24 @ $99.61/USD/Barrel. Global economic concerns and fears of inflation make a recovery suspect at best. Is Ben Bernake the right man at the helm? Can the Federal Reserve continue to print money without consequences? Canadian dollar will remain between the 0.9650-.9825 range and the Euro will retest the 1.4000USD level once reality sets in and the lies are confirmed. Tonight the NHL delivers its hardware, The Stanley Cup. Note: Movements based on Previous Days Market Close.

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Guardian International Currency Corp. 151 Yonge Street Toronto, Ontario M5C 2W7

The Way I see Things

Final exams have arrived as high school students prepare for their summer ahead. My children are no different than anyone elses yet between the two they are so different. My youngest takes things very seriously and it shows in her marks. Academically I sometime wonder if she is my child and wonder if I should really look at the DNA test again, even though I wouldnt have a clue how to read them. My wife keeps insisting she takes after me but deep down I know I was never this good in mathematics and simply an average student at best. On the other hand my eldest seems to take things in stride and goes with the flow. A case in point was yesterday after her first exam, she and few fellow friends went to lunch and she didnt get back until 10:30pm, stating she was studying for her exam today. She explained they wrote out cue cards and ask questions amongst each other yet her phone showed her toes painted in someones backyard. Even though I worry what she will end up doing in life, I know she must be my daughter because I procrastinated most of the time and only worked well under pressure. There are no medical doctors or lawyers in our family, I wish for the next generation. At present the concern is focussed more on the Prom and after party. I have asked her nicely to concentrate on her studies and do the best she can even though she has already been accepted to the college of her choice and program she desires. I can only hope for the best and since in has been 20 years since I have been married, the judge would probably throw the results of the DNA tests away because of the statue of limitations. Sincerely-Philip Magnoli-P.S. My friends call me Don Filippo - feel free to forward to all.

Phone 416-362-1300 Fax 416-362-4100 Emailphil@guardianfx.com Tollfree-1-877-943-6739

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P.S. Dont Forgetta about me!

phil@guardianfx.com Any Time any Place! By the way I am thankful and appreciative of my clients and friends for the support you have provided in my rising career. The greatest compliment one can ever receive is a recommendation or referral for a job well done. Thank you again and always grateful. Please feel free to forward to your family, friends and associates. If you want to be added to my distribution list kindly send me an email and I will oblige. Enjoy and send me a comment or opinion anytime. Note opinions expressed within are that of the writer only and do not reflect in any way shape or form any group of companies I may be associated with. The above presentation and intellectual product is created and wholly owned by Philip J. Magnoli of Magnoli Financial Services Corporation.

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