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The Economics Report

The Economics Report began in the early 1990's with a program, hosted by Al Korelin, airing on about a dozen stations in the Pacific Northwest. For the first ten years of its existence, the hosts dealt with conventional business issues of the time.

Realizing that things were starting to "smell funny" in the late 1990's, the program began to question the rationale of the investments of the day.

Very quickly it became obvious to Korelin and others on the show that the economy was in trouble and people needed to protect themselves and their families from the financial turmoil which had begun - turmoil which was causing major losses in the values of people's savings.

The program began to focus entirely on asset based investing and political issues affecting the financial well being of listeners.

Since that time, the price of hard assets, specifically gold and silver have increased significantly in price. (Gold was trading at $254 per ounce at the time and today trades well over $1100 per ounce. Silver was trading under $3.50 per ounce and today trades above $16 per ounce.)

Politically, our country went from relative complacency to one now witnessing a level of divisiveness never before seen in its history.

The listenership of the show, needless to say, expanded rapidly.

Korelin was joined in 2009 by Clyde Harrison, the co-founder of the Rogers Raw Material Fund, and Steve Carr, of Alliance Investments.

Together Korelin, Harrison and Carr began The Economics Report. The purpose of the show is to discuss all sides of current political and economic issues so that listeners can make up their own minds without being influenced by a single point of view. The Economics Report advocates clear and informed thinking.

The hosts and their guests are strong believers in asset based investing for personal financial protection and in considering all aspects of an issue prior to forming an opinion.

Host Bios

AL KORELIN
Alexander Korelin has been involved in the financial community since 1967 when he received his Bachelor of Arts degree from the University of Washington with a dual major in Economics and Russian literature. He went on to receive his Masters in Business Administration degree, with an emphasis Finance and International Trade, from the University of Puget Sound in 1978.

He founded A.B. Korelin and Associates in 1982. The focus of the Company has always been on the mining industry. Al and his associates specialized in completing the regulatory work that needed to be done in order for Canadian mining companies to be traded in the United States on major exchanges. To date, the Company has registered more of these firms with the U.S. Securities and Exchange Commission than any other organization of its kind.

In addition to his regulatory work, Al started the Korelin Economics Report, an internationally syndicated radio program, in the early 1990’s. He also was an active member of the Board of Directors of American Pacific Bank for twenty two years.

As a Director of the Bank, he oversaw its evolution from a small private, rural community institution located in Aumsville, Oregon to one with its headquarters in downtown Portland and trading on Nasdaq. During his twenty two year tenure, he served on many of the Bank’s Management Committees; participated in meetings with the Federal Reserve; and, retired when the Bank was purchased by a major banking institution.

On the air, Al discusses political and financial issues that affect investing with well-known experts in the field. The program has become the most widely listened to of its type with millions of radio and internet listeners.


Clyde Harrison
Clyde Harrison is the Founding Member of Beeland Management Co., L.L.C., which manages the Rogers Raw Materials Index Funds. Mr. Harrison served as Beeland's CEO for it's first five years. During this time the fund gained 150% while the benchmark S&P; index gained 1%.

Mr. Harrison began his finance career in 1968 with Lamson Brothers, becoming the youngest partner in the firm's history.

In 1974 he became General Partner with Carl Icahn, managing hedge positions for corporate takeovers of up to $100 million. Mr. Harrison served as a consultant to Commerz Bank and created their risk control system to move their futures headquarters to the US in Chicago.

Mr. Harrison has been a member of the Managed Futures Committee of the Chicago Mercantile Exchange. He has served as a bank director for five years, consulted for NBD Bank, Northern Trust and served as Special Consultant to the Chairman of the Chicago Board Options Exchange. Mr. Harrison is a prior member of the International Monetary Market and Chicago Board Options Exchange. Mr. Harrison has also served as General Partner for a number of private investment and trading funds.

Mr. Harrison has been acknowledged for his contributions to several books, published numerous articles and has made multiple television appearances.

He has been featured in Barron's, Pensions & Investments, Investment News and Crain's.

Mr. Harrison has been a nationally recognized public speaker for over 10 years, speaking at the National Conference for Public Employee Retirement systems, the International Exchange Conference and the US Federal Reserve Conference. Steven A. Carr is a Director and Executive Chairman of Alliance International Investors Inc.


Steve Carr
Mr. Carr began a natural resource business in 1975 after college. He started trading in futures to hedge his inventory and customer purchases and has since been an active hedge and speculative trader in the natural resource markets.

In 1979 Mr. Carr became involved in politics through what would later become know as the ‘Reagan Revolution’. He became Director of Development for the United Republican Fund (URF) of Illinois in 1987. Mr. Carr helped develop and employ a strategy that would catapult the URF, by raising significant funds, to the status of the largest PAC (political action committee) in Illinois.

In 1993 Mr. Carr began his formal media exposure through his daily radio program. His shows received air time on over 500 radio stations throughout the United States and Canada.

In 1999, Mr. Carr co-founded The Millenia Fund Partnership, a Hedge Fund which focused on precious metals and created high net returns for clients.

In 2002 Mr. Carr was instrumental in forming a private investment group that invested in the natural resource sector.

Mr. Carr is co-author of the book “Celebrate Life”.

       
 
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