TFMR Podcast #26 - David McAlvany of McAlvany Financial Group

still cheap...keep on stacking

First Video the Obama Song, really hilarious, whether you love him or hate him, it is hilarious either way.

Second Video --Nickelback--no joke here, Nickelback chills in Maui and they own a sibling of my older dog, bought from same breeder. Plus they are of my few liked semi-modern bands.

http://oahutrading.blogspot.com/2012/08/first-video-obama-song-really-hi...

David is extremely knowledgeable and very articulate, but he comes across as a know-it-all. I used to receive the McAlvany weekly podcast, but I unsubscribed because I just couldn't stand his grandiose speaking style. I also think he has too much faith in the current system.  

Thanks for the podcast.  

This attitude of some to disregard the message because they don't like the messenger.

Take a case in history. When Pharoah sent a messenger to the Hittite King, the Hittite King killed the messenger not because he didn't like the message, but because the messenger spoke while standing.  The king felt he should have knelt before him first.

If a messenger is knowledgeable of what he speaks, and speaks with the confidence of one who knows, why should that be any reason to disregard his message ?

The black market. Simple. That's the next growth industry. Anything else I can help you with?

at 6% interest APR, and given a money printing machine that can print $100,000 per minute - how many money printing machines will you need to just pay the interest on the public debt, given a 6 month coupon?

What about at 10% APR, 6 month coupon?

What about at 20% APR, 6 month coupon?

If you're going to make the money printing machines run 24/7 - the people who run the machines start feeling overworked and overstressed and go on strike (weimar *cough*). If you just ran the machines for 8 hours a day - how many more machines would you need?

Thank you Turd.

Hey Turd, thanks for what you do in the way that you do it.

The sad thing is the gov is honestly trying to prevent a total collapse but they they are both ill advised, uneducated to make informed decisions and have never encountered a global crisis.  Observation: No one with business knowledge has access to politicians to make them justify debt decisions in the public eye.  The system is flawed, it does not allow people in decision making roles to be scrutinized.  This is why sheep are sheep, the authorities are not tested in public.

So I'm please to say I just bought a 1kg Kook to add to my collection.

First you have to understand one thing, this is the West Coast of the USA. Prices here are much higher than Texas, the South, and Central USA.

He bought a bank owned home that an elderly couple (preppers) had left to their druggy Grand Kids. Grand Kids hadn't paid the mortgage nor kept it up. It was really sad, given the amount of work the Grand Parents had put into it.

Location NE corner of WA State - Western foothills of the Rocky Mountains.

Price $150,000

37 acres fenced and cross fenced

nice stick built home 3 bed/ two bath

additional 3 bed double wide (needed work) with septic

fenced and cross fenced

huge shop with separate septic and bathroom

pole barn and numerous outbuildings for machine storage and chickens and

goats  

two orchards

2 wells with frost free water lines/faucets to orchards, outbuildings, and deer fenced garden area

Needed cleaning up, but wow! the outbuildings, fencing, wells and septic systems would cost that much to build.

Essentially the land, house, and additional mobile home were free.

All bought with profits from PM's!

Looks like we should refresh our understanding of CSF. I have linked Trader Dan's description below. 

JP Morgan and its Gold Cartel allies were going all out to prevent silver from breaking through $29 and then $30, but have failed so far. The specs have the upper hand for the time being. Should silver be able to lurch through $34, we could be looking at a commercial signal failure.

http://traderdannorcini.blogspot.com/2011/02/what-is-commercial-signal-f...

For a small x (or t), an exponential function behaves linearly.

e^t = 1 + t, as long as t is small.

And that's what gets everyone, every single time. You could call it The Ponzi, basically if you set it up right, by the time it all goes nonlinear, you're either dead or getting ready to die. Or maybe you can partially reset t, so that it behaves linearly again for a while, at least until you're either dead or dying.

They didn't start the fire. But they throw a log on and they fanned it higher...

Another pernicious feature of the exponential function is that it doubles shockingly fast.

When we hear that inflation is only 4% we think, that isn't too bad, only 4 cents per year I can live with that. But.

1. If someone is taking 4 cents we should ask who is it, and why are they taking our 4 cents.

2. It is compounded so it rapidly grows to more than 4 cents a year, even though the inflation rate stays the same!  Watch

In year zero a tin of tuna cost 1 dollar. And inflation is 4% so the price goes like this.

Year 1:  $1.04

Year2: $1.0816

Year3:$1.125

year 10:$1.48

Year25: $2.7

Year50: $7.1

The doubling time is 70/inflation rate Which in this case is about 18 years. So that it the time it takes for prices to double (or the value of your dollar to get cut in half).

So now you see how even with a low rate of inflation, investments have to perform well over a lifetime to provide an affordable pension. It should be possible to bury a dollar when you are 20, dig it up when you are 70 and buy groceries. But now you have to bury 7 dollars.

This inflation is global, and explains why in poor countries people have so many children. It is the only way to provide a retirement income. IF each child can afford 14% of their income to support their parents, 7 kids will be enough.

Remove this inflationary theft and those countries would not only have fewer kids, but they would be able to afford to send them to school instead of putting them to work.

Anyone learn this in school?

You've forgotten I live in Oregon, so am well knowledgeable about the high RE prices out here.  That IS a steal.  Thanks for the reply and I hope you and yours are well.

Swifty

I don't appreciate it when someone tries to steer this community away from a good man and his business.

Nothing could be further from the truth, Katie. I have been coming to TFMR since the beginning, and I am supportive of TF's work.

I began reading the McAlvany Intelligence Advisor and the McAlvany Health Alert many years ago, and I learned a lot from them. Back then, Don McAlvany (David's father) was the head of the McAlvany companies.

For some reason, I just can't listen to David without getting irritated. But I don't at all reject his message, nor am I trying to steer anyone in this community away from him.

So, please quit your accusations.

Silver_investor