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
If you are interested in buying gold and silver coins from a man Patrick has known thirty years Call Fred Dashevsky 800.468.2646
Here’s a link to four special offers Fred has put together for you https://www.uscoincapitol.com/special-offers
Jamie Diamond and J.P. Morgans role in The First Republic Banks is historic and explained here.
This is the 2nd. largest bank failure in monetary history.
The biggest issue is banks buying tons of U.S. Treasuries with low interest rates, now when rates go up, their book value is much lower and
this is a systemic risk for all banks.
Stanford and Columbia University say 186 banks are in distress for the same issue
The other issue for all banks is the commercial real estate loans and investments and this sector is bombing out.
Central Banks across earth are buying unprecedented amount of gold.
The gold is coming from smaller countries in a bind with bills to pay to the IMF and need the cash.
The Dallas Fed President says the regional bank crisis that kicked off Tuesday of this week is “Far from over.”
Gold is on a run and Fred thinks it is highly unlikely we will see it ever go below $1,950 an ounce.
The regional bank blowout was caused by the big boys selling these banks short and their stock price is hammered.
It’s hard to tell who are the good guys here, but it appears JP Morgan and Fed Chair Powell are fighting Janet Yellen, a super globalist.
U.S. Coin Capitol has four specials out today. Here’s the details on their website
May 10, 2023 @ 12:54 pm Eric
Wondering if someone could address this mental thing I have in regards to these coins, not saying anything negative about the speaker or the host, both are admirable men. I keep seeing, beauty is in the eye of the beholder, for example, one coin the metal content is 250.00 value, the same coin could have 500 times more value than the metal content.
This situation bears a whole lot in my mind the same as when I used to buy low, sell high, and collect baseball cards, I sold them before all their values went down… Though cardboard, worthless, the picture and persona on the card set the value according to their so-called accomplishments.
Is there a possibility with these coins that one day they’ll really be worth only their metal content…
This was not to be offensive. Only seeking resolve I appreciate what both men are doing.
May 10, 2023 @ 2:50 pm Fred
Certainly a justifiable question. Like any items of rare value their continued future value rests in the supply demand characteristics. I don’t know what happened to the baseball card values but I an certain a Honus Wagner card that sold over $7 million seems to indicate quite a bit of market strength. Specifically Gold and Silver US coins have been sought by collectors and investors since the first was issued in 1792.
I don’t see a time when famous paintings would sell for the canvas and wood they are made of any more than the rarest coins suddenly only being valued at melt. The longevity and fixed supply seems to support value growth for “as far as the eye can see”.