TFMR Podcast #22 - John Butler, author of "The Golden Revolution"


Of all the podcasts I've recorded, this is certainly one of the most important.

Our pal, Ned Naylor-Leyland, introduced me to John Butler a few weeks ago. I'm grateful that he did because John's new book, "The Golden Revolution", is the most important book that I've read in quite some time. At just 200 pages, the book neatly summarizes the history of global sound money, the circumstances surrounding the exit of the previous gold standard and the likely events that will effect and implement the next, global gold standard. Read this book and you will begin to understand how and why this new gold standard is inevitable.

I implore you to purchase this book for yourself and/or someone else. Father's Day is right around the corner and it would make a terrific gift, too. Most importantly, John's book is indispensable in the preparation for the end of The Great Keynesian Experiment and you simply must read it.


May 25, 2012 - 3:58pm

Yes, 2 podcasts

Please utilize the 3-day weekend to listen to them both.

May 25, 2012 - 4:02pm

Removed comment

Removed comment.

May 25, 2012 - 4:02pm


Beat by the Turd himself. I'm honored.

Anonymous mapleleaf
May 25, 2012 - 4:03pm

Removed comment

Removed comment.

May 25, 2012 - 4:19pm

No sound

Mmm... not hearing anything - technical difficulties?

May 25, 2012 - 4:32pm

Works for me

Turn up the volume?

May 25, 2012 - 4:36pm
Be Prepared
May 25, 2012 - 4:59pm

Rocking it... like always....

Two amazing podcasts at one time.... your microphone must have been red hot. Although, I think Jim was doing most of the talking on the last one... :-)

May 25, 2012 - 5:06pm

Day of ranting in favor of fair silver trading

If I take 1oz of Ag bullion to a reputable, official coin shop to exchange for '64 dimes, how many dimes will I walk out with, today?

This is a very simple example to demonstrate where the inefficiencies of the economy lie. This is a silver-to-silver trade! All I want is some 'change'! I was promised that during the last election!!!!

- High taxation (retail purchases in CA ~10% State tax); Federal taxation on gains, of course, etc.
- High premiums (iliquidity measure)
- Little competition due to barriers to entry, regulatory compliance, secret 'you have to show your ID to pay with cash, now, sorry, please help me to stick a boot up yer a$s for making a purchase of a REAL assets', etc.
- Two-way transaction losses, because PM's aren't 'money', etc.
- Any rational 'barter' is de-facto illegal, since in a closed system of barter w/out $USD, there would be no $USD to pay the mandatory taxes.
- BS arguments trying to convince me that ten cents of fiat BS and impurities in my 'silver' coin actually deserves any premium at all!
- Transaction fees, spreads, other fees, interest on loans in some cases, the real cost of market manipulations, and other losses perhaps per jurisdiction elsewhere, etc.
- Post-investment fines, surprise taxes, registrations, mandatory 'education' qualifications, fire code violations, arrests, confiscations, imprisonments, or outright theft when they can't kill the newbie legally, etc. for those ignorant enough to try to actually enter the market and thus create competition and innovation.

This is a great benchmark to weigh either new taxes on PM, or the alleviation of restraints on progress! Tell your congressional b-a$s-tards, and maybe a few would be willing to raise the argument in defense of liberty!

Worse of all, get ready for more demonization of the transaction and those involved in it, not the return to rational trade! This will happen now.


pickaxe TF
May 25, 2012 - 5:13pm

Microsoft - at your service?

Turd, laptop needed a reboot!

Thanks for checking.


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