Fred Dashevsky

Fred Dashevsky is from Long Island New York. He attended University of New York at Albany and studied psychology, political science, and economics. Fred started in the coin business in 1984 in Northern New Jersey opening several offices in Southern California in the mid 80s. He returned to the east coast in 1989 and opened Hilton head office for SDL Inc. in 1991 with partner Andrew Gause. He has since opened his own business, U.S. Coin Capitol. Give him a call for your numismatic gold investments 800.878.2646

Fred Dashevsky has been in the gold and silver numismatic coin business for 35 years.

This week was the “busiest week ever” for Fred at U.S. Coin Capitol. Customers were demanding physical silver and gold coins.

How did these wild swings in silver help Fred’s business?

The silver market went up 10% in a single day. This volatility has not been seen since the Hunt brothers tried to corner the silver market.

Why were so many people demanding these numismatic precious metals?

How were Robinhood and Reddit involved? How was Robinhood able to reach out to such a vast amount of people?

What did investors rallying around Robinhood on social media do to the Gamestop and silver exchange-traded fund markets? How did they strike a huge blow against giant billion-dollar hedge funds?

How much silver is in a pre-1965 silver dollar?

The last actual silver dollars were minted in 1964. How much are these silver dollars worth today?

Has silver been in a bull market despite all the recent volatility? Is this bull market expected to continue?

The volume of Fred’s business exploded by 300% Monday.

How did the Reddit tech-savvy investors “poke the bear in the eye”?

“It was sort of a shot across the bow of the big boys,” according to Fred.

Who called the Reddit traders “insurrectionists” and “terrorists”?

What happens when a billion-dollar hedge fund takes a short position? What is their obligation to their investors, and why can’t these huge hedge funds just sell short?

Why do these hedge funds have to “cover their shorts”?  Why are they forced to go long, and how does this help the Reddit investors?

Why were there two types of Reddit investors, and what did each group hope to accomplish?

Was one group of Reddit investors more interested in making quick profits for themselves compared to another group that were just out to hurt the Wall Street hedge funds?

“They definitely got their pants pressed,” says Fred.

How did Robinhood save the hedge funds from further loss?

What’s the difference between owning a position versus owning a stock?

Is there enough physical silver to cover all paper contracts?

Is it better to own physical silver or silver contracts?

How did the regulators mitigate the volatility in silver?

Why did one trader lose $19 million?

Janet Yellen, the new Secretary of the Treasury, “starts her job with this huge hole” of $158 trillion in debt.

Patrick and Fred discuss her options. Will her experience at the Fed help?

Will the dollar index — “barely 90 now” — continue to drift downward?

Fred Dashvesky and The Real World of Money, a great explanation of the Game Stop bit short, February 3, 2021



'Fred Dashevsky – The Real World of Money – When the People Take On Wall St.; the Surge In Silver and More – February 3, 2021' have 3 comments

  1. February 5, 2021 @ 10:24 am Andrew Soborski

    Patrick, the SoundCloud link you posted is to another recording

    Reply

    • February 5, 2021 @ 10:30 am patrick

      ugh….Indeed…thanks Andrew
      The right pod is here now.
      appreciate the heads up

      Reply

  2. February 12, 2021 @ 8:37 am Jiri

    That was really great show explaining what happened on the markets. Thanks!

    Reply


Would you like to share your thoughts?

Your email address will not be published.

©Copyright One Radio Network 2019 • All rights reserved. | Site built by RedLotus Austin
The information on this website and talk shows is solely for informational and entertainment purposes. IT IS NOT INTENDED TO PROVIDE MEDICAL ADVICE. Neither the Editors, producers of One Radio Network, Patrick Timpone, their guests or web masters take responsibility for any possible consequences from any treatment, procedure, exercise, dietary modification, action or application of medication which results from reading or following the information contained on this website in written or audio form, live or podcasts. The publication of this information does not constitute the practice of medicine, and this information does not replace the advice of your physician or other health care provider. Before undertaking any course of treatment, the reader must seek the advice of their physician or other health care provider and take total responsibility for his or her actions at all times. Patrick Joseph of the family of Timpone, a man...All rights reserved, without recourse.