Andrew Gause is a real inspiration and role model for us all in preparing for the worse and hoping for the best. Andrew lives and works in one of the hardest hit areas of New Jersey this week and he pulled off doing the show, with studio quality sound, on a generator. Amazing.
Todays Topics:
-At the top of the show we found ourselves talking about the early history of electricity involving Edison, Westinghouse, Tesla and none other than J.P. Morgan.
-A caller from France asks about the intrinsic value of gold, inflation and deflation.
-Patrick gives a further example of the dollar vs. gold as savings with his story of buying a new car upon his discharge from the Navy in 1969 for $2,400
-The history of the Bundesbank in Germany must be understood to forecast what is in store for the EU
-The Federal Reserve Bank in New York holds over %30 of the World’s Gold. Most of which is “owned” by other countries. Why is that?
-Intertwined throughout this show is good info on the pluses and not to many minuses of owning rather than renting a home.
-The future of Smart Phones and monetary transactions coupled with privacy
-Andy suggests we check out DARPA
-One for all and all for one was the battle cry of the Founding Fathers. Two choices today: this idea or dependency on a government agency to bail you out of a jam.
-Cyber crimes may replace bombs
-Mr. Putin is bolstering his oil position.
-Invest in taxes says Mr. Gause
-Andy forecasting late 2013 and 2014 for inflation and metal prices to soar together.
-The big boys shorting silver. What can stop them? Supply and demand
-A listener asks about a strategic default
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This is one of the most informative shows on the net. Thanks, Mami....Keep them coming.
ReplyDeleteScorpio