This show aired two days after The Boys allowed Lehman Brothers to fail. And that is what happened, they chose to let it go. This day catapulted the “economy” into what we now know as The Great Recession.
The same Day The FED bailed out AIG
Gold bolted +$90 today. That is 12% gain in less than 24 hours. The Federal Reserve, private banks who have no reserves, crank up the printing presses at the Treasury and inflate the dollar in unprecedented fashion, and this is just the beginning of a wild day in “The Real World of Money.”
Hear our man, Andrew Gause explain succinctly exactly what went on and why.
Guaranteed you’ll not hear this accurate analysis anywhere but here. Why was the dollar making gains the last 45 days? How to hedge your 401Ks and other retirement accounts is covered here.
Currency Historian and expert on the U.S. Monetary System, Andrew Gause also cautions us on money market funds “breaking the buck.”
What is coming? and what is the dollar going to be worth a couple of years from now? Hear the real story now and pass this link on to everyone you care about.
Andrew Gause, two days after Lehman failed and the true beginning of The Great Recession, September 17, 2008
'Andrew Gause – The Real World of Money – An Historical Day in Finance Sept 17th 2008' have 2 comments
January 30, 2019 @ 7:56 pm Greg
I am happy that you are continuing to play some of the best of The Real World of Money. I’m not ready to let go just yet. Thanks again Patrick.
January 31, 2019 @ 4:32 pm Bob
There will never be a time that you shouldn’t look back, and listen to Andy, until you’re on the other side of the firmament. As Patrick would say, “I’m glad I’m just visiting planet earth, I don’t know about you guys.”