After being financially crucified in 2000, I really felt like a DUMB ASS. By the way, I only invested in blue chip Technology like Intel, Microsoft, Applied Materials. It still hurts to go over the list.
And then in 2001 to get in Gold and then endure the gold Smash. Hey, it rocks you to the soul of your feet
I am so glad that you shared how difficult it is to preserve your capital in the stock market let alone keep up with inflation.
You were right in the Bosom on Wall Street and found it painful. That was a revelation.
When Western demand begins in earnest they will no longer be able to control the price.
From what I can understand from following people like Mr. Maguire it would appear that soon they will fail in controlling Western sentiment against gold and silver.
The truth of why FIAT is risky will soon come to the realization of many.
Many things STACKING against the corrupted system. Pardon the pun.
Colin - 'the farmer from NZ'
on May 18, 2015 at 2:14 am
Great audio blog Andy!
Greg Hunter has just completed an extraordinary interview with Hugo Salinas-Price.
I believe this to be it to be of extreme importance in that Hugo puts forward an initiative involving monetising silver that I believe could well be the first step towards solving the world wide monetary crisis.
I would love to get your take on this Andy.
Great guy Hugo is, but doubt he has anything incremental to say after all these years.
If you have a specific question, however, I’d be happy to answer it.
a
Colin - 'the farmer from NZ'
on May 18, 2015 at 5:21 pm
Hi Andy
With all due respect I think you should listen to what Hugo said at exactly the 9.30 mark in the interview on WD. He talks about a new initiative built around silver coins that have a quoted price set by the treasury [not the FED]. This monetized silver coin without a face value could be exchanged for goods or be used to pay taxes.
This is an extension of the system that JFK was trying to implement when he was murdered by TPTB.
To me this is the first step that needs to be taken to start fixing the broken model that is wrecking the US.
The other initiative that can be used is what Ellen Brown talks about and which involves main street embracing and using state and cooperative banking models.
The reason I am excited about these ideas is that they could be developed into two very powerful tools that could disenfranchise the Fed. Until the Fed is disbanded the US economy will decline into more and more chaos……PERIOD!
Just my thoughts Andy, but we should all be looking for solutions and a workable new financial model.
Both of these ideas IMHO have huge merit.
No offense, but Hugo has proposed the same things for a decade. NONE OF IT HAS A CHANCE OF HAPPENING – UNTIL, AT THE LEAST, THE WHOLE CURRENT SYSTEM CRASHES.
Hello Andrew,
After being financially crucified in 2000, I really felt like a DUMB ASS. By the way, I only invested in blue chip Technology like Intel, Microsoft, Applied Materials. It still hurts to go over the list.
And then in 2001 to get in Gold and then endure the gold Smash. Hey, it rocks you to the soul of your feet
I am so glad that you shared how difficult it is to preserve your capital in the stock market let alone keep up with inflation.
You were right in the Bosom on Wall Street and found it painful. That was a revelation.
Wild Bill
All because of money printing. And the “fun” is just getting started.
Holding physical PMs, I now sleep the “sleep of the just.”
/sleep-of-the-just
a
Comex breaker…is it near….
http://www.tfmetalsreport.com/podcast/6848/talking-gold-andrew-maguire
Interesting explanation of gold transactions.
Andy our day is coming very very soon I suspect.
As do I!
When Western demand begins in earnest they will no longer be able to control the price.
From what I can understand from following people like Mr. Maguire it would appear that soon they will fail in controlling Western sentiment against gold and silver.
The truth of why FIAT is risky will soon come to the realization of many.
Many things STACKING against the corrupted system. Pardon the pun.
Great audio blog Andy!
Greg Hunter has just completed an extraordinary interview with Hugo Salinas-Price.
I believe this to be it to be of extreme importance in that Hugo puts forward an initiative involving monetising silver that I believe could well be the first step towards solving the world wide monetary crisis.
I would love to get your take on this Andy.
Cheers
Col
Great guy Hugo is, but doubt he has anything incremental to say after all these years.
If you have a specific question, however, I’d be happy to answer it.
a
Hi Andy
With all due respect I think you should listen to what Hugo said at exactly the 9.30 mark in the interview on WD. He talks about a new initiative built around silver coins that have a quoted price set by the treasury [not the FED]. This monetized silver coin without a face value could be exchanged for goods or be used to pay taxes.
This is an extension of the system that JFK was trying to implement when he was murdered by TPTB.
To me this is the first step that needs to be taken to start fixing the broken model that is wrecking the US.
The other initiative that can be used is what Ellen Brown talks about and which involves main street embracing and using state and cooperative banking models.
The reason I am excited about these ideas is that they could be developed into two very powerful tools that could disenfranchise the Fed. Until the Fed is disbanded the US economy will decline into more and more chaos……PERIOD!
Just my thoughts Andy, but we should all be looking for solutions and a workable new financial model.
Both of these ideas IMHO have huge merit.
Cheers
Col
Colin,
No offense, but Hugo has proposed the same things for a decade. NONE OF IT HAS A CHANCE OF HAPPENING – UNTIL, AT THE LEAST, THE WHOLE CURRENT SYSTEM CRASHES.
A