How Can it Be that Most Americans Have No Real Clue About the Real World of Money?
Topics
-Gold dropped $30 this morning…first question to Andy was,”What’s up doc?”
-Talk of paying down the debt is just talk. Interest only for as far as the eye can see.
-In 1986 the biggest tax increase ever was initiated so Social Security and Medicare would be solvent in 2010. The politicians “Borrowed the money” every year since.
-Today 800 Billion in yearly payroll taxes are routinely “Borrowed” to run the government.
-The Force Majeure clause in all paper transactions you may make regarding commodities, all derivatives, says if something goes wrong, you loose. Period
-Austria is added to the list of Countries concerned about their gold holdings
- A listener asks, “Is the EFT GLD safe?” Guess who runs GLD?
-GM, Cerberus, and GMAC – three and a half years ago Andy talked about this “transaction” Hear an audio clip from June 2009 and an update for today
-A checkbook IRA is a way to hold physical gold in your IRA lawfully.
-Follow the bouncing dollar as J.P. Morgan purchases Treasuries and sells them to the N.Y. Fed, who creates the money to pay for the bonds.
-Why do investors continue to buy U.S. Treasuries at a negative interest rate?
-The people are in the streets in Greece and Spain. Anyone paying attention?
-Obama Care obligations was a factor in Hostess going belly up
-Is it possible to live without a Social Security number or certificate of live birth? Andrew tells of the road he took with his children
The Real World of Money Archive Andrew's Site
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