TFMR Podcast #26 - David McAlvany of McAlvany Financial Group


I met David McAlvany last month at FreedomFest in Las Vegas. I asked him to come on for a podcast and he happily obliged. I'm glad he did.

At FreedomFest, I showed up the first morning to hear presentations from John Browne and Peter Schiff, both of EuroPacific Capital. They were terrific but so was this other guy who I'd never heard of before. His name is David McAlvany and I was immediately struck by the feeling that here was someone who "gets it".

Since I'm often asked if I "know any good financial advisors", I thought that David would be a good person to introduce to Turdville. He seems to see the world as we do and he is doing his level best to warn the masses of the coming disasters. His firm is producing a three-part video series that promises to be educational and informative. The first video came out a few months ago and is linked below. I strongly encourage you to take some time to watch the video once you've finished listening to the podcast.

If you suspect that David and his company can help you in any way, more information can be found at

The Fuse is Lit | European Perils | Part 1


Aug 25, 2012 - 1:00pm

Bill Murphy: Are Gold Markets Manipulated By The Government?

Jim welcomes Bill Murphy, Founder and Chairman of the Gold Anti-Trust Action Committee (GATA). Bill makes the case that the gold markets, both bullion and stocks, are manipulated. Bill believes that ultimately market forces will overwhelm government attempts to control the gold market, and all they can do is manage the retreat. In the shorter term however, the gold sentiment is the worst he has ever seen, and junior mining stocks are at valuations last seen a decade ago. Bill believes that for the patient and knowledgeable investor, this is a great opportunity.

Aug 25, 2012 - 12:31pm

Keep them coming Turd!

Nice to see more podcasts on your site. Makes it more diverse. -portfolio tracker & analysis of gold and silver stocks

Aug 25, 2012 - 12:24pm

@Katie Rose

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.


Aug 25, 2012 - 12:08pm
Swift Boat VetKatie Rose
Aug 25, 2012 - 11:12am

Thanks Katie M'Dear

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.


Aug 25, 2012 - 10:39am


You're always supposed to pick the penny that doubles. But what they don't tell you, is that for a while, you're going to look stupid compared to the guy who took $100 every day. For the first few weeks, you're going to be in poverty while the $100 guy looks like he's rolling in it.

This is a game that absolutely demands patience. If you don't have that, best stick to taking $100 a day instead.

Aug 25, 2012 - 10:32am

Exponential Function 2

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


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?

Aug 25, 2012 - 9:44am

Mcalvany and Turd

I personally live on a diet of TF and The Mcalvany Weekly Commentary. David is so well educated and switched on to this subject, with a family history of financial management focussed on Gold and asset protection. I encourage anyone to listen to the Mcalvany Weekly Commentary regularly.

Believe it or not, I was put on to Mcalvany by a bank senior exec.

This is the link to a youtube vid Mcalvany put out with a rare buy recommendation at the end of 2011.

Breaking News w David McAlvany 12-30-11
Aug 25, 2012 - 9:19am

Exponential functions

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...

Aug 25, 2012 - 8:52am

I used these guys for my Gold IRA

Back in 2009 when I decided to go "all in" with my retirement savings it came down to Euro-Pacific and McAlvany. I went with McAlvany and couldn't have been happier. Family owned and treat you like family. Even though I no longer have the account with them (I took possession) they still are part of my PM exit plan and call me every 6 months to make sure I am on track and offer their one-on-one insight. I highly recommend them and glad to see them on TFmetalsreport.

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