Andrew Gause and The Real World of Money – As A Nation, We Have A Lot Of Atoning To Do – January 7, 2015
THE REAL WORLD OF MONEY
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 Books”. 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
Patrick messed up recording the very beginning of the show, and as it starts ten minutes after the hour, Andy is giving some history surrounding the U.S. policy in foreign Countries and the money barron’s controlling foreign policy. This is a special edition of our money show; we dig into some really fascinating monetary history which you will surely enjoy!
Show Highlights:- JP Morgan and The Panama Canal
- Money, war and everything in between
- Venezuela update: Where they’ve been and where they are going financially
- Economic Terrorism on Russia, Iran and Venezuela
- How on Earth did the banks attain such powerful control?
- Hot money, money with a zero maturity continues to grow
- Hear exactly what is backing the digital dollars we have in the bank?
- What happens when one plays musical chairs and we go short chairs
- The Revolutionary war was about the colonist printing their own money…nothing else
- Dollar Inc.’s market share and the competitors
- Mark Twain and his “Million Dollar Note” classic book for children and adults
- Scott the Trader chimes in on gold. the dollar, the markets and oil prices saying:
Last March I wrote to Patrick and Andrew that gold, which at that time was $1375, that for the rest of 2014 would have a range between $1130 to $1440.
The rest of the year brought a high of $1390 and then that low before the Swiss vote of $1132. For years I have been on this show saying that gold would not hit its major low until Sept. 2015. We’re getting closer to that time and now people need to be watching the outperformance of gold vs. all the Components of the USD index.
This is important going forward as I remain very bullish on the Dollar. Presently gold is ripe for a selloff, but selling waves will continue to see big demand step up. PATIENCE.
During the October stock market selloff I said that we have a short term selling climax and then the stock market would go to new record highs, but those new highs won’t last long.
And that the selloff after those new highs could be quite serious. That has panned out, so what’s likely now. As I’ve stated repeatedly we are in a major stock bull market, but we will see several huge down waves. Those claiming a stock bubble and crash are out once more, but they’ll be wrong once again. However, after a short term rally starting soon, there is currently alot of downside risk for stocks – 20 to 25% starting this summer.
By this fall the complacency about the massive global debt binge will be shattered, as peripheral European Debt – Greece, Spain, etc. will begin to crack. And Junk Bonds will implode, which leads me to the last item – OIL. I am astounded by the continued complacency about oil. Oil is not remotely close in time nor in price to any major bottom. What is happening in oil will have huge global ramifications – Middle East, emerging market debt, US employment, Texas, Oklahoma and the use of leverage in Shale Oil which will hit the huge junk bond market destroying Wall Street banks once again. I will emphatically state that oil has much further to fall – $35/barrel minimum. And this will drag on for years.
The next economic blow up will dwarf 2008. Mad Max here we come.
and more!!
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