Great Video...From 37 Years Ago

16
Mon, Apr 13, 2015 - 12:20pm

Over the weekend, Sprott's Tekoa Da Silva sent me a link to a fascinating discussion recorded over 37 years ago. The two panelists were Dennis Karnosky of the St. Louis Fed and "money expert" Merrill Jenkins. This remarkably frank and informative program is certainly worth taking the time to review.

Again, this was recorded at a St. Louis, Missouri television station in 1978, near the height of the inflationary spike caused by the closing of the gold window and the subsequent surge in U.S. government spending. The two panelists are:

Some of the highlights include a great explanation of debt vs money (11:30), Mr. Karnosky's advice as to what someone should do with their depreciating dollars (15:15) and Mr. Jenkins' "solution" to the problem (22:00).

Please take the time to watch this fascinating video and then, be all means, copy and paste the link. Bookmark it and send it to your friends and family. Perhaps it will help to awaken some of the slumbering.

TF

About the Author

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

  16 Comments

2c piece
Apr 13, 2015 - 12:43pm

Looking forward to listening.

Looking forward to listening. Thank you for sharing.

silver66
Apr 13, 2015 - 12:49pm

gold and silver

in one day

silver66

Mickey
Apr 13, 2015 - 12:49pm

Denis K

I knew Denis from back in the late 80's to mid 90's when he was at Brinson and I had hired Brinson to manage the company retirement plan assets.

Smart guy and class act. Brinson as a whole was top echelon firm and people.

Goldencross
Apr 13, 2015 - 1:33pm

Inequality for all !

Must Watch!

Inequality for all !

Former secretary of labor under president Clinton, Robert Reich about the economic inequality. From 1978 wages became stagnant, people in the workforce had to work harder to make a living. Earning les and les while the 1% wel to do people only went richer and richer!

Please see this documentary its wel worth your time!

Inequality for all [Ongelijkheid voor iedereen] (VPRO 2doc 20141204)

Mickey
Apr 13, 2015 - 1:57pm

Brinson Partners

just to frame the type of firm Brinson was--the minimum account size back in the 80's was 40 million. They invested in a number of asset classes-they analyzed each asset class for value and constantly tweaked the portfolio by lightening up on overvalued and buying undervalued.

They were actually concerned with risk reward profile of the portfolio and as well making sure the clients understood what was happening.

Marchas45
Apr 13, 2015 - 2:42pm

OK What's Happening Turd

Are you bored today. Lol To much info is hurting what's left of my brain. Lol

Apr 13, 2015 - 3:04pm

pre 1933 coins

All sorts of pre-1933 and other 90% coins available at Provident, one of our trusted sponosrs.

https://www.providentmetals.com/coins.html

SaratogaPrepper
Apr 13, 2015 - 3:33pm

Ordered

a $10 Indian Head Eagle from Provident (through the link here, of course) last week with my half of the tax refund . Free shipping! Love the e-check option.

Barfly
Apr 13, 2015 - 4:26pm

WOW!!!!

It's like there were real journalists 37 years ago... This was on TV? That's just so freaking weird.

Barfly
Apr 13, 2015 - 5:06pm

I was thinking the same thing, Barfly

The two gals doing the interview are informed and they ask intelligent questions whereas the "bubbleheaded bleachblondes" of today are nothing but clueless teleprompter readers.

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 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

Key Economic Events Week of 8/5

8/5 9:45 ET Markit services PMI
8/5 10:00 ET ISM services PMI
8/6 10:00 ET Job Openings
8/8 10:00 ET Wholesale Inventories
8/9 8:30 ET Producer Price Index

Key Economic Events Week of 7/29

7/30 8:30 ET Personal Inc/Spending & Core Inflation
7/30 10:00 ET Consumer Confidence
7/31 8:15 ET ADP employment
7/31 2:00 pm ET FOMC Fedlines
7/31 2:30 pm ET CGP presser
8/1 9:45 ET Markit Manu PMI
8/1 10:00 ET ISM Manu PMI
8/2 8:30 ET BLSBS
8/2 10:00 ET Factory Orders

Key Economic Events Week of 7/22

7/23 10:00 ET Existing home sales
7/23 10:00 ET Richmond Fed Manu Idx
7/24 9:45 ET flash Markit PMIs
7/25 8:00 ET Count Draghi/ECB policy meeting
7/25 8:30 ET Durable Goods
7/25 8:30 ET Wholesale Inventories
7/26 8:30 ET Q2 GDP first guess

Key Economic Events Week of 7/15

7/15 8:30 ET Empire State Fed Index
7/16 8:30 ET Retail Sales and Import Price Index
7/16 9:15 ET Cap Ute and Ind Prod
7/16 10:00 ET Business Inventories
7/17 8:30 ET Housing Starts and Building Permits
7/18 8:30 ET Philly Fed
7/19 10:00 ET Consumer Sentiment

Key Economic Events Week of 7/8

7/9 8:45 ET Fed Stress Conference, three Goon speeches
7/10 8:30 ET CGP Hump-Hawk prepared remarks
7/10 10:00 ET CGP Hump-Hawk House
7/10 10:00 ET Wholesale Inventories
7/10 2:00 ET June FOMC minutes
7/11 8:30 ET CPI
7/11 10:00 ET CGP Hump-Hawk Senate
7/11 12:30 ET Goon Williams
7/12 8:30 ET PPI

Key Economic Events Week of 7/1

7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 10:00 ET Construction Spending
7/2 6:35 ET Goon Williams
7/3 8:15 ET ADP June employment
7/3 8:30 ET Trade Deficit
7/3 9:45 ET Markit Services PMI
7/3 10:00 ET ISM Services PMI
7/3 10:00 ET Factory Orders
7/4 US Market Holiday
7/5 8:30 ET BLSBS

Key Economic Events Week of 6/24

6/25 10:00 ET New Home Sales
6/25 1:00 pm ET Chief Goon Powell
6/25 5:30 pm ET Goon Bullard
6/26 8:30 ET Durable Goods
6/27 8:30 ET Q1 GDP final guess
6/28 8:30 ET Personal Income and Consumer Spending
6/28 8:30 ET Core Inflation
6/28 9:45 ET Chicago PMI

Key Economic Events Week of 6/17

6/18 8:30 ET Housing Starts and Building Permits
6/19 2:00 ET FOMC Fedlines
6/19 2:30 ET CGP presser
6/20 8:30 ET Philly Fed
6/21 9:45 ET Markit flash June PMIs

Key Economic Events Week of 6/10

6/11 8:30 ET Producer Price Index
6/12 8:30 ET Consumer Price Index
6/13 8:30 ET Import Price Index
6/14 8:30 ET Retail Sales
6/14 9:15 ET Cap Ute and Ind Prod
6/14 10:00 ET Business Inventories

Forum Discussion

by sierra skier, 2 hours 45 min ago
by Boggs, Aug 16, 2019 - 7:46pm
by Boggs, Aug 16, 2019 - 7:07pm
by NW VIEW, Aug 16, 2019 - 6:29pm
randomness