TFMR Podcast #26 - David McAlvany of McAlvany Financial Group

82

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 https://www.mcalvany.com.

The Fuse is Lit | European Perils | Part 1

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exiledbear
Aug 24, 2012 - 6:55pm

Here's a math problem I gave to someone recently

at 6% interest APR, and given a money printing machine that can print $100,000 per minute - how many money printing machines will you need to just pay the interest on the public debt, given a 6 month coupon?

What about at 10% APR, 6 month coupon?

What about at 20% APR, 6 month coupon?

If you're going to make the money printing machines run 24/7 - the people who run the machines start feeling overworked and overstressed and go on strike (weimar *cough*). If you just ran the machines for 8 hours a day - how many more machines would you need?

silver foil hat
Aug 24, 2012 - 6:42pm

song seems appropriate and topical:

Styx The Grand Illusion with lyrics

The world will wake up to the follies of fiat and will realize the spell they're under.

exiledbear
Aug 24, 2012 - 6:39pm

The new growth model?

The black market. Simple. That's the next growth industry. Anything else I can help you with?

Short Stack
Aug 24, 2012 - 6:35pm

As old as kingdoms themselves....

This attitude of some to disregard the message because they don't like the messenger.

Take a case in history. When Pharoah sent a messenger to the Hittite King, the Hittite King killed the messenger not because he didn't like the message, but because the messenger spoke while standing. The king felt he should have knelt before him first.

If a messenger is knowledgeable of what he speaks, and speaks with the confidence of one who knows, why should that be any reason to disregard his message ?

¤
Aug 24, 2012 - 6:33pm

Thanks TF

Everyone appreciates the effort you're putting into this for the community.

Things like these random and dedicated podcasts with a diverse group of individuals are one of the many things that make this site unique and a destination that should be regularly visited for updates and other news topics.

Thanks to David McAlvany for doing this podcast

Dawg
Aug 24, 2012 - 6:22pm

BofA Has NO Money

Well, I went to my BofA here in Nevada about 1130 NV time. Being payday for the few that still have jobs here in Nevada, thanks Harry Reid, I wanted to get in ahead of the crowd. After making my deposit I asked for $700 in hundreds back, since fiat still necessary. I was told I could only have 5 $100's and the rest in 20's. As I left I jokingly told the cashier that she needs to go to the bank and get some cash. She looked at me seriously and in a hushed voice said, "there isn't any"!

Dawg

Silver_investor
Aug 24, 2012 - 6:08pm

Don't care for him

David is extremely knowledgeable and very articulate, but he comes across as a know-it-all. I used to receive the McAlvany weekly podcast, but I unsubscribed because I just couldn't stand his grandiose speaking style. I also think he has too much faith in the current system.

Thanks for the podcast.

R man J
Aug 24, 2012 - 5:51pm

Gold from McAlvany

My first several gold coin purchases were from McAlvany. It's been about 10 years since I've been in touch, so looking forward to listening. Needless to say, those 1999-2003 purchases have earned "best in stack" status.

steveo
Aug 24, 2012 - 5:47pm

First Video the Obama Song,

First Video the Obama Song, really hilarious, whether you love him or hate him, it is hilarious either way.

Second Video --Nickelback--no joke here, Nickelback chills in Maui and they own a sibling of my older dog, bought from same breeder. Plus they are of my few liked semi-modern bands.

https://oahutrading.blogspot.com/2012/08/first-video-obama-song-really-h...

Prize Fighter
Aug 24, 2012 - 5:32pm

Great grab Turd.  I just

Great grab Turd. I just subscribed to David's YouTube channel a few weeks ago. I think there was an article posted here about Top 10 most trusted alt-news sites or something to that effect. David was listed with a few others I had not heard about. Right away I enjoyed his delivery, knowledge and was impressed with his on-location reports from around the world. Looking forward to hearing this!

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