What Is Real Money?

78
Tue, Mar 4, 2014 - 8:08am

Our friend, David McAlvany, has produced another excellent video. This one deals with money and why gold and silver are considered as such.

Much of this may be common knowledge to the average Turdite. However, it's still worth watching because:

  1. You might learn something you didn't already know
  2. You might like the video enough that you c&p the link to family and friends

So, here you go. Enjoy.

TF

About the Author

Founder
turd [at] tfmetalsreport [dot] com ()

  78 Comments

Mar 3, 2014 - 10:11pm

More McAlvany

David was a podcast guest here in Turdville about a year and a half ago. I need to have him on again soon. In the meantime, here's a link if you're so inclined:

https://www.tfmetalsreport.com/podcast/4131/tfmr-podcast-26-david-mcalva...

Verus nemo
Mar 4, 2014 - 7:49am

Thurd!

Great point to discuss. Thanks Turd!

achmachat
Mar 4, 2014 - 7:51am

treasure trove of good info!

Thank you for making sure that as many as possible get to see these!

ag1969
Mar 4, 2014 - 7:51am

Q: What is real money?

A: Real Money is NOT available from Provident this morning. I headed over there to take advantage of the dip and their website is down for "Scheduled Maintenance"

AlienEyes
Mar 4, 2014 - 7:53am
2014
Mar 4, 2014 - 7:58am

Support level for silver?

Craig,where is the supports for silver,could you kindly comment?

2014
Mar 4, 2014 - 8:00am

Selling here or holding for today?

Selling here or holding for today?

Mudsharkbytes
Mar 4, 2014 - 8:01am
murphy
Mar 4, 2014 - 8:01am

Bollocks

Never fear all is well. We will have Bitlicense

Mr Lawsky wants to attract healthy bitcoin operators to the state, and has floated the idea of launching a “BitLicense” to regulate operators in the industry, and to align any new rules with existing financial regulation.

https://libertyblitzkrieg.com/2014/03/03/new-york-banking-regulator-benjamin-lawsky-thinks-mt-gox-collapse-could-help-bitcoin/

Now I understand bitcoin. When does it become money? Only after it becomes regulated!!

Animal House - All Is Well!

Oh , numero uno!!

dragonfly5
Mar 4, 2014 - 8:04am

In by the skin of my teeth . . .

Nice smackdown - a little bit more and I'll be forced to get myself some more Real Money.

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

Recent Comments

Forum Discussion

by Green Lantern, Oct 16, 2019 - 9:53pm
by zman, Oct 16, 2019 - 8:51pm
by NW VIEW, Oct 16, 2019 - 7:31pm
by ancientmoney, Oct 16, 2019 - 5:23pm
randomness