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 - 7:51am

Commercial Signal Failure

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.

thurd aye
Aug 25, 2012 - 5:00am

You're right  Katie,that was

You're right Katie,that was a DEAL. Love the sound of that.If away from prying eyes,main roads etc .Thanks for "I don't appreciate it when someone tries to steer this community away from a good man and his business." comment too.

Katie Rose
Aug 25, 2012 - 1:06am

@ Swift Boat Vet

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


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!

Be Prepared
Aug 25, 2012 - 12:51am

The Exponential Function gets people and Nations...

.... every time. Some quick math will help us see, with clarity, the path that lies before us....


$2.5 Trillion in Tax Receipts Annually.... We will assume that the receipts grow at an average of the last two tax years growth between 2009 through 2011 or at a rate of 4.62% annually.

Government Spending

Currently, $3.8 Trillion with a $1.3 Trillion shortfall or deficit for 2012.... We will assume that the spending will grow at the same rate of our debt growth or 8.2% annually.

Public Debt

By the end of 2012, we, as a nation, will be approx. $16 Trillion in debt.... We will use Mr. McAlvany debt growth figure of 8.2% annually or that we will double our national debt in 8.8 years (the year 2021).

Annual Debt Interest Payments

The United States is enjoying the lowest debt interest rate it has ever experienced thanks to Mr. Benny Boo Boo, so the interest payment is around $350 Billion..... We will assume that by 2021 the interest rate will conservatively be just 4%.

Take a look at the quick Be Prep-a-matic charts and the picture starts to get crystal clear...

With just a 4% average interest rate on our Public Debt of $32 Trillion by 2021, the annual debt interest payment will be $1.28 Trillion or $1.28 Trillion Debt Payment / $ 3.7 Trillion Tax Revenues = 35% of actual tax receipts. With debt growing at double the rate of the growth of tax receipts, the probability of a government grab for funds in the next 4 years is a guarantee. The power of the debt wave will always win in the end and will kick us all in the teeth when we least expect it. :-)

Aug 24, 2012 - 10:32pm

The sad thing is the gov is

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.

Swift Boat VetKatie Rose
Aug 24, 2012 - 10:32pm

Hey Katie Rose !!

How are ya young lady?? Please tell me, what is a 'steal' on farmland in your neck of the woods??


cliff 567
Aug 24, 2012 - 9:53pm

Turd is a class act!!!

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

You are a class act. I especially liked how you gave David McAlvany the better audio. It says to me that you made an honorable request of him to teach you,(and me and other turds) what he knows. The humble way is always the easiest path to a mechanic's inner soul. I worked as a union 'tramp' electrician specializing in construction of heavy industry for 44 years. I know a lot of stuff about building a lot of jobs. Every trick I know was given to me by an expert that was giving back to society by teaching a new generation what he knew. You stand in good stead of the journeyman teaching the apprentice here turd, in a lesson in the ratio and proportion, the stress and strain that can be logically followed. cliff says "atta-boy turd."
Katie Rose
Aug 24, 2012 - 8:34pm

Silver_investor doesn't care for him ???

I have a good friend who has been investing in PM's for over 20 years, always through McAlvany's firm. He loves dealing with this company.

Recently he found (actually I found it for him ) rural land that was a steal and what he had wanted for years. Without a hitch, delay, or screw-up, McAlvany's firm purchased it back at a very fair rate so he could buy the land free and clear.

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

Mr. Fix
Aug 24, 2012 - 7:41pm

I love podcasts!

Thank you Turd.

Aug 24, 2012 - 7:37pm


Move to Nevada State Bank. I've never had them tell me they didn't have enough cash, and I live in the boonies.

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10/27 8:30 ET Durable Goods
10/27 10:00 ET Case-Shiller home prices
10/27 10:00 ET Consumer Confidence
10/27 10:00 ET Richmond Fed
10/28 8:30 ET Advance Trade in Goods
10/28 8:30 ET Wholesale Inventories
10/29 8:00 ET ECB monetary policy stmt
10/29 8:30 ET Q3 GDP first guess
10/30 8:30 ET Personal Income and Spending
10/30 8:30 ET Core Inflation
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10/19 11:45 ET Goon Chlamydia
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Key Economic Events Week of 10/12

10/13 8:30 ET CPI and Core CPI
10/14 8:30 ET PPI
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10/15 8:30 ET Philly Fed
10/15 8:30 ET Empire State Idx
10/15 8:30 ET Import Price Idx
10/16 8:30 ET Retail Sales
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Key Economic Events Week of 10/5

10/5 9:45 ET Markit Svc PMI
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10/6 8:30 ET Trade Deficit
10/6 10:00 ET JOLTS job openings
10/6 10:45 ET Chief Goon Powell
10/7 2:00 ET Sept FOMC minutes
10/7 3:00 ET Goon Williams
10/8 8:30 ET Initial jobless claims
10/9 10:00 ET Wholesale Inventories
10/9 12:10 ET Goon Rosengren

Key Economic Events Week of 9/28

9/29 8:30 ET Advance trade in goods
9/29 9:00 ET Case-Shiller home prices
9/29 10:00 ET Consumer Confidence
9/30 8:15 ET ADP employment report
9/30 9:45 ET Chicago PMI
10/1 8:30 ET Personal Income and Spending
10/1 8:30 ET Core Inflation
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10/1 10:00 ET ISM Manu PMI
10/2 8:30 ET BLSBS
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Key Economic Events Week of 9/21

9/21 8:00 ET Goon Kaplan
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9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
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9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
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9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
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9/9 10:00 ET JOLTS job openings
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8/24 8:30 ET Chicago Fed Idx
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