The Real World of Money
Andrew Gause’s partner and Patrick Timpone caught us up on all the latest financial news and talk about the many reasons to either shut down or better yet, take over The Federal Reserve Bank.
SDL is offering first time customers of their firm, 800-468-2646, a very nice package deal to get ones feet in the numismatic arena and begin to hedge the future inflation that is “sure” to come.
There are two affordable packages tThat involve mint state 20 dollar gold pieces and silver half dollars. Call SDL and check out if this offer is something you may want to do for your family. Great gift idea for nephews, nieces..grand kids.
Fred tells us how he met Andrew Gause and eventually became partners in SDL.
He was born on November 22, several years after JFK was assassinated on this day. in 1963. Fred began collecting Kennedy half dollars at an early age, and thus he entered the world of numismatic cons…real American Money.
In 1933 The USG took away the ability of American’s to exchange their dollars for gold. Foreign Countries could still exchange, until that got out of hand and President Nixon took the dollar off of the gold standard in 1972.
We chat about Eustace Mullins.
You can learn more about Mr. Mullins by clicking the hot link on his name above. Eustace was a student of Ezra Pound who The Boys imprisoned for such crazy talk as “The Federal Reserve Bank is private.”
Our bonded debt in the U.S. today is 22 Trillion. Unfunded liabilities is 45 Trillion. A trillion here, a trillion there…and pretty soon you start talking about some real money.
IMF is suggesting that Central Banks around the World will need to start being more “Accommodative” This is a polite way of saying, in mixed company, they will be printing more currency and buying debt.
Facebook announces it is doing a capital raise of 10 Billion Dollars to get in on a new digital Face Book digital coin…and reports are investors World Wide said, “I’m in to the tune of 100 million”
The current interest on the debt is 369 Billion Dollars per yer, and this comes right off the top of tax revenue from Americans
Estimates are that at this clip, interest on the date in nine years will be 914 Billion Dollars a year
In 1830 The money people devalued the dollar and raised the price of gold by cutting the gold in the 10 and 5 dollar gold piece in half.
President Trump is hammering the FED Board to lower interest rates, not raise them. Our conjecture is to keep the stock market happy to help win him a second term.
Left wing politicians with the grandiose ideas of a green new deal or single payer health care for all have not conception of the debt a and liquidity issues going on today
Fred recommended two films to learn about the monetary system and what went down in 2008. “The Big Short” and “To Big to Fail” Great fun and you will learn a great deal of how the ‘Great recession” was created and “fixed.”
Mario Draghi, former Gold in my slacks man, head of the ECB, European Central Bank, said today they will do “Whatever it takes…” to keep things floating. AKA printing Euros.
Here’s a few emails:
Do you think with the amount of money being printed we will see a day where we have a one world currency?
Very happy to hear Fred sitting in on Real World Of Money–
So… what do you guys think is gonna happen when “they” can’t generate any more debt? How long is it gonna be until the “shackles” come out of the closet? I’m talking about the leg-irons type.
Speaking of your interests as astronomer, Andy has mentioned once that you have thoughts about gold having extra-terrestrial origins. Could you elaborate if it is so?
Can Fred tell us the status of Andrew Gause’s book on US Banking? Is work continuing? Are you looking for someone to head up the project?
The Real World of Money with Fred Dashevsky and Patrick Timpone, April 10, 2019, ONE
The Real World of Money with Fred Dashevsky and Patrick Timpone, April 10, 2019, TWO