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 Andrew personally. As a One Radio Network listener, you’ll have highest priority in his phone time. His # is 800.468.2646
Show Highlights:
-Money management starts with writing every expense down
-Draghi’s idea: QE to the tune of 70 billion dollars per month through Sept. 2016
-How do you short the dollar? Invest in silver and gold
-The rocking of the World by the Swiss National Bank last week
-Andrew explains the importance of a diversified portfolio
-Were you impressed with the State of the Union Address? Andrew wasn’t, and calls it fabrication. And what about the government getting involved with community colleges.
-What’s up with all the NASA deaths? Wasn’t there a day, long ago, when we trusted the alphabet agencies?
-Rate hikes are coming later this year? Right
-A ten year bond vs. gold; which one would you choose?
-Isthere is any intrinsic difference in our one dollar federal reserve note and the one dollar coin that is in circulation today?
-What will Mr. Gause do if deflation occurs? Numismatics will fall with the influx of people selling collections. If there is no buyer, the premium he charges will evaporate overnight.
-Andy says that the Euro will rise with their QE. Why then has the yen dropped when Japan did their QE?
-When does Andy expect a decline in dollar strength?
-When a collapse in the bond market occurs, how does Andrew see events playing out?
-What would Andrew do with a billion dollars? Buy 5 billion worth of assets
-We love hearing from Scott, the trader; click here to read his comments on the gold rally, oil, and the Swiss franc
-A listenervisited a new coin shop when traveling recently and inquired about his price for the Modern Commemorative silver dollars. He had some but asked him why he wanted them. He said that no one is interested in these and that the premium, about 25%, was a waste of money.Does Andy still think these are these great things to buy for long term investment?Also, does he think the more expensive ones are worth the extra money, some are $35-75 and others, like Statue of Liberty, are about $20.
-Good question:Andy,On Jan 14 at the bottom of the first hour, you gave a good tip on how to use treasury bonds/-t-notes /t-bills to offset a monthly payment of a mortgage.
The premise is to loan money to the government at a fixed interest rate and keep on rolling that loan into another loan until the interest rate is higher than that of your mortgage.
Question: Being that the US government is flat out broke and it keeps on borrowing to pay its bills. You mentioned that even then the possibility of a default is no within the real of possibility.
So even if the inflate the money supply to pay you back your loan in say 30 years (or whatever maturity you choose to loan out) wouldn’t those dollars you get back be less “worthy” than those you loan out at the beginning of the deal.
Yes can get your money back at the end of the term, but the quality of those dollars are diminished, even though you were able to offset the cost of your mortgage all along.
Can you comment on that erosion of your money as you loan the money to the government? It seems to me that on one hand you win, but on the other hand you still lose!
and so much more! Patrick and Andrew covered almost every email sent in, they not all posted here, so listen to the show for your answer.
andrew gause and the real world of money, january 22, 2015, hour one
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