Andrew Gause
THE REAL WORLD OF MONEY
Show Highlights:
-The definition of a dollar
-The kids love Bernie Sanders; the kids love Socialism. What’s happening to the freedom loving Americans
-We don’t need cheaper goods; we need Americans to work
-How about replacing the income tax with strict tariffs?
-Paralleling the Andrew Jackson election. Andrew explains
-Andrew is an unapologetic Nationalist and tells us why
-The risks of having bullion
-The oil market’s a mess; will it ever recover?
-A simple explanation of monetization and why they’ll never crash the dollar
-Was there any connection between the sinking of the Titanic and the start of the Federal Reserve? JP Morgan and his buddies were booked to go on the voyage and ended up cancelling….Hmmmm
-Question from a listener:I have been listening to your show for a few yrs now. I know your expertise covers U.S gold coins, but what are your thoughts for us Canadian guys, on carrying a 60/40 balance with 60% in numismatic Canadian gold coins & 40% in bullion gold ?
-Question from a listener:Hearing that the big US banks are in trouble, if one has to have a checking account what would Andrew say would be a safer bank to keep ones money? Would credit unions be an even safer choice?
-If the bankers get their cashless society, where dose that leave gold and silver bugs? Is Andrew worried?
-A listener wants to know what Andrew would short, if anything, in the upcoming months:The yuan, bank stocks, the US stock market…?Is the real risk that governments/FED would step in to stop the drop?
-Question from a listener:As I understand it, zip codes are a part of the plastic on the couch too. If that is correct could you expand on that for those of us that want a better understanding of the difference between the plastic and the couch?
PS. Last week you made an interesting remark about the manufacturing of the plastic starting at the Constitutional Convention. Regarding this, if I want to get the “Andy Gause” version of the American Revolution, what resources would you recommend?
-Question from a listener:I was discussing the implication of Clinton’s repeal of Glass Steagall in a wider debate about the US presidential election when this opposite point of view was offered concerning the Smoot – Hawley tariff act no less.
“It is not about Glass-Steagall even though I agree it had a damaging effect on the US Economy, but consider the impact the Smoot-Hawley tariff act had on the US -“From 1929 to 1933 America suffered the worst economic decline in its history. Real national income fell by 36 percent; unemployment increased from 3 percent to over 25 percent; more than 40 percent of all banks were permanently closed; and international investment and trade declined dramatically.” Free trade has been at the core of capitalism in the USA and should continue to do so.”
Wondered if Andy would care to comment on the follow on actions of US imposing trade tariffs and whether there is any truth in Smoot-Hawley achieving the opposite of what was intended.
-Question from a listener:I have heard mentioned on the show several times in recent week that the ratio of “paper gold” to actual physical gold in the market is almost 600:1. I imagine that the same situation exists in the silver market.
My question: does Andy think that “they”(the boys, Doug and Mel) can keep this racket up forever? Or will it eventually come to the point where nobody will accept paper metal and the price of physical gold and silver will skyrocket?
I always tell this (true) story: In the summer of 2015, silver spot price was around $14 dollars per ounce. During this time, the demand for physical silver was so high, that I could not buy an ounce of silver for less than $20. In this situation, what is the real price of silver, $14 or $20 per ounce?
and so much more!
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the real world of money with andrew gause, february 10, 2016, hour one
'Andrew Gause and The Real World of Money – Dollars Should Come with An Expiration Date; The Longer They’re Held, the Less They’re Worth – February 10, 2016' has 1 comment
February 16, 2016 @ 11:14 am EM
Andy, How do we find the latest list that you mentioned of “problem banks” on the FDIC website? I have searched the website repeatedly with various search terms and only come up with charts of aggregated data that do not mention individual banks. Thanks, EM