Andrew Gause
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 Booksâ€. You can order these books as well as speak to Andrewpersonally. As a One Radio Network listener, you’ll have highest priority in his phone time. His # is 800.468.2646
Show Highlights:
-Shorting the British Pound against the Deutsch Mark; Patrick tells a fascinating story from years ago
-“Never invest in the present”, Andrew explains
-Money moves the markets; liquidity is the key to most markets
-An interesting statement from ‘Communist Christie’; Governor Christie is proposing a change to social security that stops benefits for retirees that make $200,000 a year or more
-Living on the dole: How the public is being trained to live off the government
-What happens to the dollars we put into the Social Security fund?Everyday we’re creating 11,000 new seniors, who need their social security dollars
-How the Vatican became so prosperous
-Who controls the Exchange Stabilization Fund?
-Why bouillon, bars and bricks are not as good of an investment as numismatic coins
-Andrew talks the bid/ask spread on numismatic coins; he gives 3 good rules for selling your coins
-Question from a listener in Europe:
On behalf of millions of pour souls stuck in the Eurozone, I have a hugely important financial question for Andy, that I hope he covers in great detail.
Andy has spoken about equity-stripping paid-off real estate, then putting the loans on the side and then waiting for a future time to put that loan money to work.
He’s in the US, so he was thinking in FRN. The Euro presents some challenges the FRN is fortunate to not have. I’d ask Andy to go over the following problems:
1 – Some big-name billionaires and some of the greatest techies in finance, including Martin Armstrong, Trader Scott, Trader Dan, etc. (not Trader Joe’s) say that the FRN still has some ways to rise on the FRN index, with a sinking Euro target of about 0.82. For a number of reasons, I agree with that. Most global investments are FRN denominated, so how would Euro loans and investments be hedged, or what else would you do?
2 – Once we reach the FRN peak and the Euro bottom, would it make sense for Eurozoners to take out loans denominated in FRNs? If the Euro will rise after it hits about 0.82, the FRN loan value ought to be easier to pay off, right?
3 – But how does one deal with the real possibility of the Euro falling apart? Armstrong predicts that will happen within the time frame of 3 to 10 years (2018-2025).
4 – If a property is mortgaged, what in the world does one park that loan in? Usury rates are going negative in Europe, the bond market is going to implode at some future point, there’s a war on cash, etc.
5 – And then the next problem is where to park that loan money. Austria and Austrian banks no longer guarantee deposit insurance, there is the escalating danger of theft by so-called “bail-inâ€, etc.
6 – These questions are all the more relevant for people who don’t put 85% of their wealth (or loans) on one side of any trade, the way you do with numismatics. At the very least, an investment would have to be split 50-50 down the middle, straddling opposite sides of the equation – inflation and deflation hedges, if you will – so that you have a win-win situation, no matter what: in a severe deflation, cash is king, in a severe inflation your numismatics are. Either way, with a 50-50 position you win no matter the outcome.
7 – Can you conceive of a way that the little people in Europe could collateralize such loans to obtain more loans along the fractional reserve principle? Example: if a million Euro property is mortgaged for an 800,000 Euro loan, and that loan is parked in some appropriate financial instrument somewhere, could the 800-large be used to get the next loan of 640,000 Euros, and so forth?
8 – I assume the usury rate would have to be fixed and as many years out as possible, right?
-Why Andrew advises against paying off your mortgage
-Is the MS-66 St. Gaudens considered a numismatic coin? What is the estimated number of these coins available in the market? What is the approximate price of this coin right now?
-Andy gives a theoretical estimate between the difference in value between a $100 bag of silver coins versus a rarer coin like this 1893 25 cent Isabella MS64 ​ currently worth​ $1150
-When it comes to NGC graded coins, liquidity is just a phone call away
and so much more!
Visit Website
The Real World of Money Facebook Page
the real world of money with andrew gause, april 15, 2015, hour one
'Andrew Gause and The Real World of Money – It’s the Dollar’s Turn In the Barrel – April 15, 2015' has 1 comment
April 22, 2015 @ 2:22 pm David King
Interesting new website design, but I do not like the large chunks of text in all CAPS, it is hard to read. How about having it in normal sentence case instead? Not a problem having title in caps, but not things like Show Highlights text.