Tag Archives: economy

Episode-1134- Understanding and Investing in Silver

Custom Medallions a Just One Option for the Silver Investor.

Custom Medallions a Just One Option for the Silver Investor.

I’ll promise right  up front that this will not be a TSPMint.com infomercial.  In fact I will spend the majority on the show on other types of silver, why silver is a great investment and why many “fears” and “concerns” with buying silver are not worth worrying about.

I also want to talk about the real and false reasons behind the recent drop in precious metals pricing.  There are two things going on here, prices should be coming down but not as far and not as fast as they are.  Just as speculation can drive up a commodity (especially when it is going up some via real market forces) so too can speculation drive a commodity down.

Additionally I want to really discuss why I suggest only 5-10% of your wealth in silver and gold and why I don’t recommend platinum and palladium in that number.  I will also discuss why I don’t recommend jewels or even really jewelry in that number, though jewelry can be one great way to increase metal holdings.

Join Me Today As We Discuss…

  • Why I focus on silver over gold
    • The delta still favors silver
    • Silver has many uses that use it up
    • Silver is the common man’s currency
    • Silver is more widely available and for now incurs less oversight
  • Types of silver and what makes each unique
    • Generic bars and rounds (ounce and fractional)
    • Custom medallions and pieces (ounce and fractional)
    • Collectable silver (numismatic, affinity, etc)
    • Bars (5 ounces and up)
    • American Silver Eagles
    • International Government Issued Silver (Aussie, Canadian, Mexican, etc.)
    • U.S. Pre 65 Silver Coinage (90%)
  • Methods of storing your silver
    • In slab floor safe
    • Fire proof safes
    • Private storage
    • Bank safety deposit box
    • Silver banking (why I don’t like it yet)
    • Paper silver
    • Buried in the ground (don’t do this!)
    • The multi cache method (a little of all)
  • Inventory and audit
    • Don’t think you know, know
    • Don’t think in dollars (it will make you happy and sad about nothing)
    • Do inventory types, not just ounces
    • Do photograph items in type stacks (for insurance)
    • Do update your inventory often
  • Final thoughts
    • If you don’t think you can afford silver right now you can’t
    • Take a balanced approach
    • This is not likely to make you rich, but it might, who knows
    • Selling silver is never as smart as trading it
    • Don’t worry about confiscation, really don’t do it

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-1109- John Titus on the Movie “Bailout”

Titus During the Filming of "Bailout"

Titus During the Filming of “Bailout”

John Titus is a lawyer, licensed before the U.S. Supreme Court, who’s practiced patent litigation for over 15 years. In 2011-12, he took a break from his practice to make a feature-length film, Bailout, about the real cause of the financial crisis: criminal fraud.

The film features interviews with truth tellers Dylan Ratigan, Karl Denninger, Chris Whalen, Yves Smith, Sheriff Tom Dart, and others. He is now working on a TV-safe version of the film to be released later this year.

John joins us today to discuss what actually caused the financial crisis because it isn’t what the TV told you.  Why he went to the expense and trouble of making a film.   What distinguishes Bailout from other financial crisis films and the direct cause and effect relationship between Wallstreet elites and the crisis.

I think you will be intrigued when I ask him how many bankers should be in jail a you hear the math behind his response.  We also will discuss how this crisis will end and the sad answer can be summed up as bad or worse.

Before becoming a lawyer, John worked as a circuit designer for motors used on the Space Shuttle and space station. He was a free market Republican until the party betrayed itself as a total sham in 2008 by getting TARP passed.

 

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

 

Episode-1070- Craig Rowland on “The Permanent Portfolio”

Craig Rowland, Author of "The Permanent Portfolio".

Craig Rowland, Author of “The Permanent Portfolio”.

Craig Rowland is a software entrepreneur who sold his previous company to Cisco Systems, Inc.  He was also an early stage employee with successful acquisitions in 1998 of WheelGroup Corporation to Cisco Systems and early stage consultant to TippingPoint Technologies which sold in 2004 to 3Com Corporation.

These companies focused on computer and network security and he holds several patents in the area and has done other interesting research in the field.

Craig currently volunteers for a local technology incubator as a start-up coach and help turn ideas into businesses.  He has experience in executive management, venture capital fund raising, public speaking, marketing, sales, engineering management and development.

Craig joins us today for a discussion of his new book: The Permanent Portfolio: Harry Browne’s Long-Term Investment Strategy.

Today we discuss…

  • What exactly is a permanent portfolio
  • What real diversification of investments looks like
  • Why you should hold government bonds even if you think the dollar is doomed
  • The best ways to hold gold
  • How Americans still have some options to hold assets outside of the US
  • The benefits of adding geographic diversification to your investments
  • Two funds that use this strategy if you don’t wish to do it on your own
  • What the US implementing capital controls says about our future

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-842- Listener Calls for 2-17-12

So it is Friday and we have some calls today on some great stuff.  Today we hear about permaculture, data encryption, non intervention, the reality of poverty, libertarianism and more.

Remember to be on a show like this one just pick up your phone and call 866-65-THINK.  The best way to improve your chances of being on the air is ask your question or make your point up front, then provide details.  Also call from a quite area with a good connection and speak up so you can be well heard.  I can’t put all calls on the air but I do my best to get most of them on.

Join Us Today as we Discuss…

  • Establishing perennial plantings on remote unoccupied property
  • Some fun rants and practical advice from “Carson from Canada”
  • Protecting chickens while you are away
  • More on what real poverty is like from someone who has seen it
  • When is it time for to declare bankruptcy
  • No you don’t “make money” with credit card programs
  • Prep with food or save cash, making the decision
  • Judge Andrew Napolitano asks, “what if elections don’t matter”
  • A listener tells us how TSP has changed his life and world view
  • Designing a home business based on creating tax write offs

Resources for Today’s Show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-822- Mike Gasior on The Current Economic Reality for Jan. 2012

Mike  Gasior has held a host of securities licenses and industry designations. He has authored ten textbooks on investments and the investment markets, and over 700,000 people worldwide read his monthly newsletter.

His breakthrough radio program “Big Money with Mike Gasior”, which aired worldwide on the VoiceAmerica Radio Network, was one the first shows ever to focus on the needs, concerns and issues faced by the world’s largest investors and Mike is a regular guest on the “Naked Short Club” show in London.

Mike is also a prepper and a good friend of the TSP Community.  Today he joins us to discuss…

  • What MF Global was really all about and how it might matter to you
  • Why people should really be mad at Wall Street other then simple “corporate greed”
  • What is high velocity trading and why should you care
  • Why people are now paying a premium for a “shorter cable” LITERALLY
  • Three movies you should see to better understand the current situation
  • Mike’s view on municipal defaults and where we disagree
  • The real danger we have right no is that we don’t know what’s next
  • Why prepping is the best solution in Mikes view right now

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-819- Billy Joel’s Allentown – History Lesson, Prophecy or Both

Today we are going to do something completely different and look at the old Billy Joel hit from 1982, “Allentown”.  My hope is after you hear today’s show you will fully understand what I mean when I say, “history, prophecy or both” in regard to the song.

Join me today as we discuss…

  • What “closing the factories down” was actually like
  • Why unemployment was a national problem but worse in the coal and steel regions
  • What the song means when talks about “weekends at the Jersey shore”
  • The “restlessness” that was handed down
  • “Graduations hang on the wall” today they are college degrees vs. high school diplomas
  • The multiple broken promises that generation experienced
  • What “filling out forms, standing in lines” means to us today
  • What “hard to stay” is really all about
  • The true nature of the WWII generation post war prosperity
  • How “one word plastics” from the movie “The Graduate” relates to this song
  • What “the threw and American flag in our face” was all about
  • How the “flag in the face” relates to today
  • How this song is really about one of the massive shifts in the world
  • How this generation got caught in this shift
  • Some of the other massive shifts on the past 200 years
  • The real nature of the current shift

Lyrics of the Song Allentown

Well we’re living here in Allentown
And they’re closing all the factories down
Out in Bethlehem they’re killing time
Filling out forms, standing in line

Well our fathers fought the Second World War
Spent their weekends on the Jersey Shore
Met our mothers at the USO
Asked them to dance, danced with them slow
And we’re living here in Allentown
But the restlessness was handed down
And it’s getting very hard to stay

Well we’re waiting here in Allentown
For the Pennsylvania we never found
For the promises our teachers gave
If we worked hard, if we behaved

So the graduations hang on the wall
But they never really helped us at all
No they never taught us what was real
Iron and coke, chromium steel
And we’re waiting here in Allentown
But they’ve taken all the coal from the ground
And the union people crawled away

Every child had a pretty good shot
To get at least as far as their old man got
Something happened on the way to that place
They threw an American flag in our face

Well, I’m living here in Allentown
And it’s hard to keep a good man down
But I won’t be getting up today

And it’s getting very hard to stay
And we’re living here in Allentown

 Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-818- Greg Yows of Revolution Rock and Roll

Find all of Greg's Music at RevolutionRockAndRoll.com

I am really excited to welcome Greg Yows to The Survival Podcast.  Greg is a great friend to both the show and me personally.  Together we wrote “The Revolution is You” our show theme.

When asked about himself Greg says,

“I am a simple songwriter. The hippies in the 60s had their “protest” bards in the form of Bob Dylan, The Byrds, Janice Joplin, John Lennon, Joan Baez…the list goes on. Now, I ain’t claimin’ to have their skill. But I have just as much passion for my cause. And that cause is making sure my kids enjoy freedom from the tyrannical, over-taxing, nanny-state governments that are currently plaguing our nation.

I hail from the piney-woods of East Texas where the fishing is amazing but the county was dry. So here I am in Austin, a computer programmer by day and musician at night…cranking out patriot songs between honey-dos, working on my preps, gardening, fishing and taking care of my two kids.”

Join Greg and I today was we discuss his music at Revolution Rock and Roll, some of the other things he is currently working on, the role of our military, life as a prepper and more.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

 

 

Episode-770- Modern Financial Survival

Yesterday I stated that we are about to in effect go into the middle of a financial war.  I am not sure the analogy was fully understood it wasn’t so much about fighting the battle but more about the way that even if good is the end result how many can be harmed in the process.

This resulted in a litany of people trying to nit pick about the justification for WWII, why the US prospered after the war, etc.   Such people are literalists that don’t comprehend analogies and tell “ants are socialists”, when you tell them the ant and grasshopper story.

Today I will revisit a few things people took exception to (very briefly) and will spend most of the show outlining my “modern financial survival guide” for the coming future.

Join Me Today as We Discuss…

  • Is the Catholic Church calling for a “World Bank” and global tax or not
  • What exactly do I mean by a financial war
  • Why do I believe so emphatically that I am right about the coming collapse
  • What I think you need to do to be financially prepared for the future
    • Get rid of debt (especially floating rate debt)
    • Try to save at least 20% of your income (6 months security)
    • Know your exit points for every investment
    • If you are in stocks by only the best companies
    • Do not hold any and I mean any long term bonds
    • Keep an eye on TIPS Bond Yields
    • Remember most “experts” on TV are actually idiots
    • Develop your local community
    • Don’t bet on any government money (specifically @ 100%)
    • Consider land as the best investment (not houses)
    • Increase your financial IQ daily – start with vocabulary
    • Focus on gaining some % of self sufficiency with the 5 needs
    • Try to be as “cash rich” as possible
    • Don’t act in fear, think before you do anything
    • Do not listen to conventional wisdom during unconventional times
    • Remember the prepared can always profit and prosper

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air

 

Episode-725- Mike Gasior on the Current Economic Mess

Mike Gasior is with us today, Mike is a consummate expert, he has authored ten textbooks on investments and the investment markets, and over 700,000 people worldwide read his monthly newsletter.

His breakthrough radio program “Big Money with Mike Gasior”, which aired worldwide on the VoiceAmerica Radio Network, was one the first shows ever to focus on the needs, concerns and issues faced by the world’s largest investors and Mike is a regular guest on the “Naked Short Club” show in London.

He is also the founder of AFS Seminars in 1989 after spending time with several Wall Street firms and a major European bank. In his teaching he uses anecdotes and lessons drawn from his lifetime of experience with economics, investments and the financial markets to deliver knowledge with a dynamic, interactive teaching style that I find to be among the best in the industry.

And we are fortunate to have him here with us today on The Survival Podcast.

Please Note – Mike’s voice became somewhat distorted at the very end of today’s show.  During the recording session he sounded fine on my end and there was no way to correct it after the fact.  I did my best to clean it up but there are limits to what can be done with such distortions.  I am going to suggest to Mike that he come fully into the 21st century and get a Skype account for future interviews.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

 

Episode-660- Listener Feedback Economics Edition for 5-9-11

So it is Monday and I am back up in Hot Springs at TSPN (The Survival Podcast Network HQ).  This week we are doing a series of shows with an economic flair.  Tomorrow we will look at the silver and gold markets and much of the recent “drop” in silver prices.  Wednesday we are going to do a show all about ways our listeners save money and today we are going to look at a variety of economic issues and questions sent in by the audience.

Join Me today as we discuss…

  • Saving Money show submissions still being taking
  • A chance to win free seeds – see link in show notes and INSTRUCTIONS
  • Going to “cash” inside a 401k
  • Is austerity headed to America, I wish!
  • IMF says the “Age of America” is near an end
  • Protecting a paid for property if you default on another
  • How do I verify sources and analyzed information
  • Obama floats a plan to tax mileage
  • Experts say the US “can’t default as the global currency”, really?
  • Hillary Clinton warns of coming food shortages
  • Made in the USA making a comeback, not all good news.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.