THE REAL WORLD OF MONEY
Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He’s written two books, “The Secret World of Money” and “Uncle Sam Cooks the Books”. You can order these books as well as speak to Andrew personally. As a One Radio Network listener, you’ll have highest priority in his phone time. His # is 800.468.2646
-Extreme volatility in the stock market; it’s been a wild ride the past couple of days. What’s being said in the media; what’s Andrew saying?Are we headed for A crash and burn?
-How the devaluation of the currency of a country doesn’t affect the holders of it within the country who are buying goods made within the country. Andrew explains
-When it was illegal to own gold bars
-Why China will have a hard time entering the world of convertible currencies
-They’re going to ease before they tighten; don’t look forward to interest rates going higher; we’re looking at QE
-What is the best TSP fund to invest in?
-Andrew still maintains his stance that things are not going to crash and burn
-Where’s the price of oil going?
-The falling of the price of gold should only be viewed as a buying opportunity
-Andrew says some good things about Boeing; good investment?
-Andrew explains that as the dollar loses value, it’s good for domestic manufacturing
-With the times as they are and you have 30k to invest should you invest it all now in coins or spread it out over weeks or months? Whichcoins are the best bang for the buck?
–Question from a listener: I know that Gold/Silver is an insurance policy in an economic crisis. However, I have heard tales when in certain economic conditions, these metals can be used to become wealthy. Can Andrew elaborate when such a thing can occur?
-Is this worldwide shaking of finances due to the reckoning of fantasy and reality, held back to ripples, rather than a wave?, but none theless, a lot of water has yet to fit under the bridge?
-If China is selling this many treasury’s who is buying them?? Andy comments
–Question from a listener:In your show on Aug 5 (14 minutes into it), you mentioned that the Fed has a claim on the gold of the US – 8,000 tons of gold! You also mentioned in previous talks that Federal Reserve Notes have nothing backing them up…..other than the military might of the country or often times you’ve also said ….by the full faith of the US government.Can you please elaborate on these statements, then? How can FRNs have nothing tangible backing them up and yet you said the Fed has a claim on the 8,000 tons of US gold? – whose gold is it, anyway? Are FRNs then backed up by this stash of gold, or not?That seems a bit of a contradiction, doesn’t it?
and so much more!!!
andy gause and the real world of money, august 26, 2015, hour one