Fred Dashevsky
The Real World of Money
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
Show highlights:
It’s coming up on two years since Andy Gause left.
Fred Dashevsky and Patrick discuss the current “Rainy Night in Georgia.”
How will this affect U.S. politics?
“Vote for me and I’ll give you money” is what today’s politicians are saying.
The U.S. government spends more money than it takes in — $2 trillion over budget every year.
Fred elaborates on the government “spending money it doesn’t have” and the Fed “creating money out of thin air.”
Fred discusses the overly expanded real estate market.
In times like these, gold or silver is an important part of an investor’s portfolio.
What about the $27.7 trillion debt clock? Is it a lot more?
What exactly does the government count and what doesn’t it count?
Is the total debt really closer to $70 trillion?
We know the government is cooking the books — covered in Andy’s book, Uncle Sam Cooks The Books — but what are today’s numbers? What are the specifics?
You can’t run deficits without raising taxes.
Fred talks about Ross Perot and the “giant sucking sound.”
Is the government’s only choice “printing itself out of the problem”?
How does this affect the “mirror image” of gold and silver prices?
Are all the world’s central banks in a race to drop the value of their currencies? How does this affect the U.S. dollar?
What happens when the Fed lowers its interest rates to almost zero, and they can’t lower the rates any further?
Gold and silver are excellent hedges against the dollar.
Fred believes the stock market is seriously overvalued.
The traditional investment advice of 60% in stocks and 40% in bonds is outdated, warns Fred. “It’s dangerous advice.”
Fred explains what happened to the world currencies at the end of World War II.
Why would returning to the gold standard be disruptive to today’s economy?
What lessons are we going to learn in 2021?
What about the stock market in 2021?
What about gold and silver in 2021?
Will there be trillions and trillions and trillions of dollars in debt in the next few years? Is this a continuing trend?
“Please, folks, diversify your wealth,” advises Fred. “Diversification, that’s the key.”
He details the gold and silver coins he has in stock.
Fred Dashevsky and this months’ The Real World of Money, January 6, 2021
'Fred Dashevsky and The Real World of Money – What Lessons Will We Learn in 2021? – January 6, 2021' have 2 comments
January 9, 2021 @ 3:25 pm Patrik
The lessons are easy here. You need just this one https://www.youtube.com/watch?v=v4QA1hPpDjI and then think that speculation or trading is also not smart. Trading is just like stealing and you keep this corrupt system backing if you do that. And money is not worth more then the paper is printed on and gold you cannot eat. So if politics & money & speculation is BS bc has nothing to do with REAL Life, The Life of GOD, what are we doing here then? It needs to stop bc having a lot of money, voting, etc.. that is so out of Life and that is a fact. And then we get this https://www.youtube.com/watch?v=hYqfpCmaR8w and then this news:
The Earth is Spinning Faster Now Than at Any Time in the Past Half Century
If 2020 felt like a drag, you may be surprised to discover it actually went faster than you thought—and this year is set to be even speedier.
The Earth has been spinning unusually quickly lately, and July 19 saw the shortest day since records began, with the planet completing its rotation in 1.4602 milliseconds less than the usual 86,400 seconds.
The previous shortest day in 2005 was beaten 28 times last year, and 2021 is on track to be the most nippy year ever, with the average day passing 0.5 milliseconds faster than usual.
A negative leap second may soon be needed so atomic clocks can align correctly with the turning world. It would be the first time that a second has been removed from global clocks.
Peter Whibberley, senior research scientist with National Physical Laboratory’s time and frequency group, said: “It is certainly correct that the Earth is spinning faster now than at any time in the last 50 years.”
“It’s quite possible that a negative leap second will be needed if the Earth’s rotation rate increases further, but it’s too early to say if this is likely to happen.” @G3News SOURCE (https://www.telegraph.co.uk/news/2021/01/04/earth-spinning-faster-now-time-past-half-century/)
Nature is coming folks… so let all the distractions be and get prepared bc we have seen nothing yet.
January 9, 2021 @ 3:29 pm Patrik
Oh and this one to https://www.youtube.com/user/Suspicious0bservers/videos . Begin with https://youtu.be/B_zfMyzXqfI and after this you will see that m st of us are doing nothing real in life, know nothing of this life around us and that we waste our time here again and again bc we think we can think but look outside what we have made? Is that thinking? Is also all our own fault so it is not Biden, nor trump, nor name it all… we let it and that is a fact that we need to learn ASAP. Good luck!