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
-How did we get here? How indeed. We spend the first hour giving the detailsof the 2008 crisis, the who’s the why’ and the what’s and where the bodies are buried.
-2008 was not a sub prime crises as the media portrays, to this day, it was a derivative mortgage backed security crises. In 2008 there was 1.8 Trillion MBS that were only “worth” half that.
-Andy comments on our past guest, Charles Savoie’s, alarm that the U.S. could call in bullion gold and silver again someday
-Why the dollar is so strong and why it is at it’s top and going down from here.
-The Dollar Flash crash last Wednesday afternoon explained
-Inflation and Latvian prostitutes
-Suspicious Activity Reports are coming to a bank near you
-Plenty of chat on currency silver
-What does it mean by ‘rich people don’t invest their own money’?
-Andrew gives his opinion on investing in commercial real estate
-Andrew talks about The Pilgrim Society, a secret society aligned with Great Britain that Charles Savoie told us all about
-Does the Asia Infrastructure Bank give Andy any pause in his stance of the USD as a long-standing reserve status?
-Question from a listener:On March 16 the Justice Dept initiated the beginning of capital controls by indicating that SARS are not enough and now banks are encouraged to contact law enforcement authorities in connection to bank withdrawals or transfers of even amounts as low as $5000. These law enforcement authorities can then theoretically seize the funds or initiate other enforcement tactics deemed necessary. Have you heard anything about this and what are your thoughts going forward?
-Andy comments on ‘condition rarity’ of coins
-Does cashing a check at a bank leave a paper trail? Andy talks paying our share of taxes and staying out of trouble
-When does Andrew think the bail in will occur here? He had predicted in April when the bank’s first quarter earnings come in; does he still think it’ll happen in the next 2-3 weeks?
-A listener wants to know what Andrew thinksof KARATBARS ? (they sell gold embedded into cards from 1 gram up and it is legal..tender..) it is a German product developed in Stuttgarthttps://www.karatbars.com Read their faqs-they are bank independent… based in Germany,Belize and Thailand…https://www.cryptocoinnews.
-JB teases:I can take my 100 ounce Silver bar, drill a hole in it, put a Solid Silver necklace through the hole and have legal homemade necklace?? hehehe
The Real World of Money on Facebook
the real world of money with andrew gause, currency historian, march 25, 2015, hour one
March 26, 2015 @ 11:03 am K
when buying PM’s the dealer does not report anything
March 26, 2015 @ 11:22 am Bob
Couple of questions for Andy:
1) I have been considering whether or not to purchase a home for a long time now to take advantage of historically low interest rates. My concern is that, here in the Salt Lake area, home prices seem pretty high. A 4 bedroom home (which is what my family requires) would require a significant down payment (pretty much 20%) in order to afford the mortgage. Yet you advise putting the least amount down for a home. Is it worth it for me to pretty much sell all my gold and silver in order to do this?
2) When interests rates go sky-high in the next few years, what will happen to home prices? Sure, inflation will be high. But who will be able to afford a mortgage at 20% interest? Won’t high interest rates cause home prices to crash despite high inflation? It seems to me that actual home prices would need to fall, or else no one will be able to afford a mortgage with such a high interest rate I’m wondering whether the era of high interest rates might be a good time for purchasing real estate outright. Will your advice to never pay cash for real estate still be applicable in a high-interest rate environment?