Tag Archives: investing

Episode-863- Chris Duane on Constitional Silver

US Silver Coin is "Constitutional Silver"

US Silver Coin is "Constitutional Silver"

Chris Duane is an interesting guy, he is the founder of The Sons of Liberty Academy and The Greatest Truth Never Told and runs a blog called Don’t-Tread-on.Me all dedicated to educating people about our flawed monetary system.  How he got to that point is the more interesting part of the story to me though.

Chris’ family had 7 car dealerships in New Jersey, Salerno Duane Auto Group so he was doing quite well in corporate America.  However in 2005 he sold his house at the top of NJ’s housing bubble went all in on gold, silver and oil. Then in 2007 he was offered the opportunity to join the board of Heritage Community Bank but turned it down and told all of the partners “they were nuts to be starting a bank in the current cycle”.

So in 2008 he sold everything and walked away from his inheritance to get out of the area ironically just three months before the car business imploded. Later in 2009 he began helping people to do foreclosure investing but later quit doing that in 2011 focus full time on the dollar collapse.

His first action in warning about the pending dollar collapse was the foundation of The Sons of Liberty Academy to help people learn what he had uncovered in the past 6 years of study and real life application of his principles.  He later founded the blog Dont-Tread-On.Me to bring attention to the Academy.  Chris is now consulting with the Silver Shield Report and putting out an updated version of the Academy called the Greatest Truth Never Told.

Additional Resources for Today’s Show

Chris Duane’s Links

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-719- Listener Feedback for 8-8-11

So it is Monday and we have a lot to talk about like today’s most likely continued fall of the Dow in the heals of the credit down grade, both depressing and encouraging occurrences in the agricultural community, investing in tough times, harsh drought conditions and more.

Join me today as we discuss…

  • Gotchas when refinancing a mortgage
  • Russia says the US is an “economic parasite”
  • How bad the 2011 drought really is
  • The truth about the phony debt deal
  • Dealing with a low dollar 401K when leaving a job
  • CDL to drive a tractor, not quite but another blow to small farms
  • Stupid criminal humor, okra isn’t marijuana!  LOL
  • Growing potatoes in bags or in tires, my thoughts on why tires win
  • How cutting spending may change military retirements
  • Urban farming may revitalize cities if the politicians don’t ruin it
  • You are more likely to die by a doctor than a gun
  • Jefferson County Alabama may go bankrupt
  • Now we have roundup herbicide in the air and rain, yes really!
  • Jeff Clark says now is the time to buy not sell stocks, I agree
  • Why our credit downgrade doesn’t really matter 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-661- The Future for Silver as an Investment

Silver is up, now it is down, record high, another record high, drops, now to the moon, then a massive drop, a minor recovery.  So what in the world is going on with the “white medal” the little sister of gold?  Today I will try to get past the hype, dig deeper into the reality and the reasons we hold metals like gold and silver in physical holdings in the first place along with answering a few of your emailed in questions along the way.

Join me today as we discuss…

  • A little price history about silver
  • The concept of a floor
  • Silver’s relationship to gold
  • If silver goes to 25 dollars it is actually “down”
  • What is a moving average and what it tells us as
  • Where does silver go next
  • George Soros is selling metal, what does that mean
  • Was the silver margin increase a conspiracy
  • What a naysayer has to say about silver
  • Evaluation of profit, loss and perceived loss

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.

APMEX Want’s To Buy Your Gold and Silver

Well I am now more bullish on gold and silver.  Just got an email from APMEX asking to buy my gold and silver American Eagles.  They are paying 3.00 OVER spot on Silver and 38.00 OVER spot on gold.  Given this is one of the largest dealers in the US it should tell you something.   They are currently selling silver at like 5 dollars OVER spot as well.

Here is part of the email

“APMEX Wants To Buy Your U.S. Mint Products!

Dear Jack,

Due to the recent incredible demand for Gold and Silver bullion products, APMEX would like to offer you an exclusive opportunity to LOCK IN YOUR PRICES and sell us some of your U.S. Mint collection. This is a limited time offer and it is first come, first served until we have secured enough U.S. Mint bullion products to meet our current demand!

“We Want These Products:

We will pay you $38.00 over the current spot price of Gold for your Gold American Eagles. ANY year, ANY quantity!

We will pay you $3.00 over the current spot price of Silver for your Silver American Eagles. ANY year, ANY quantity!

We will pay you $1,250.00 for your 2010 America The Beautiful 5 oz. Silver coin sets. “

To me this is one of those small but significant signals that many big financial analysts miss.  The key here if you have ever sold gold or silver is you usually get right about spot price.  Be it eagles or generic rounds or what ever, each class has a spot price.

Generally spot is what dealers pay and some level over spot is what they sell at.  Silver is currently at about 45 and some change so 3 over spot represents a 6% premium on Silver Eagles.  That is not even close to out of line when you are buying from a dealer but it isn’t very common when selling to a dealer.

The conclusion is simple, APMEX one of the largest metal dealers in the U.S. believes that now is the time to buy even if you have to pay a little more.

Does this mean I am converting all my cash to silver or gold?  No and I am not saying you should either, given I hold significant metal reserves already I won’t buy much if any but it does tell us something about the current outlook.   I also think if you are currently buying an ounce or two a month it may make these recent highs a bit easier to handle.

FWIW – I have NO RELATIONSHIP or affiliation with APMEX.  They are just one place I have purchased metal from in the past and I am on their mailing list.  I have tried, UNSUCCESSFULLY to get some sort of discount or shipping deal from them from the MSB but they have never responded.

Episode-643- Modern Financial Survival

Financial survival is something that we often hear main stream pay lip service to.   There are countless main stream experts with the formula for a happy retirement and profitable investing on the news and on day time talk shows all the time.  Each claims to have the code cracked yet they all pretty much say the same things.

  1. Save money in the stock market
  2. Put money in tax differed accounts
  3. Debt is okay
  4. Stay away from risky investments like gold
  5. Don’t time markets, invest for the long haul

The problem with such advice is it isn’t actually financial advice, it is well formed marketing to sell a system designed to serve an apathetic society.  A system of passive investing that may or may not pay off and is subject to extensive risk due to its very nature.

Join me today as we discuss…

  • The origin of our current “smart way” to invest
  • Why the autopilot system is dangerous
  • Proof that well know gurus are idiots
  • Why gold or silver are financial insurance
  • Why 100% of long term investing in tax deferred is stupid
  • The current risk for 401K, IRA, etc monies from the greedy hand
  • What is an investment really supposed to do for you

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-630- Mike Gasior on the Current Economy and Everyday Prepping

Mike Gasior from AFS Seminars

Mike Gasior from AFS Seminars

Mike Gasior is one of the most switched on financial people I know.  Having worked on the inside of major bond trading concerns and now specializing in complex political accounting issues he has a unique view into our economy.  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.

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.

Additionally Mike has some special offers for some of his upcoming seminars. A note from him is listed below.

With the developments that have taken place in the markets in the last few years, the four programs I will be presenting in New York in the next 60 days have taken on even deeper importance than usual.  I wanted to drop you this email today to make you aware of these extremely timely sessions.  Of course, all my courses qualify for significant CPE and other continuing education credits.

We are aware at how tight training budgets have become and for that reason we wanted to offer a tuition special for these important programs.  When registering two paid attendees for any of these programs we will allow a third to attend for free.  On the final page of the registration process on our website, simply list the three people you would like to attend the seminar.  If you have any questions, please call or email and we will be happy to help.  This offers tremendous value for your training dollars.

The four seminars taking place in New York available for the 3 for 2 special are:

Derivatives – April 11 & 12
http://www.afs-seminars.com/derivatives.html

Alternative Investments – April 13 & 14
http://www.afs-seminars.com/alt-investments.html

Mortgage & Asset Backed Securities – May 9 & 10
http://www.afs-seminars.com/mortgage.html

Securities Operations, Processing & Accounting – May 11 & 12
http://www.afs-seminars.com/securities-operations.html

You can also view all my 2011 sessions at the following link:
http://www.afs-seminars.com/schedule.html

Episode-588- Listener Feedback 1-17-11

Time to get into another round of listener feedback on a Monday morning.  Today we discuss a new food crisis, the GMO chicken, getting started as a college student, your first garden and more. Remember to submit content for this type of show send an email with “question for jack” in the subject line to jack at thesurvivalpocast.com

Join me today as we discuss…

  • Growing that first spring garden
  • Getting started as a prepper when you are still in college
  • Is the “fair tax” really fair is it really a solution
  • Can you bring down the Fed by not using money
  • How can you quickly convert silver to cash in an emergency
  • Thoughts on outstanding loans to a 401K or IRA account
  • Now the GMO chicken, immune to bird flu, are you gonna eat it?
  • Does it pay to carry a mortgage vs. own a home debt free
  • The mint says they are selling more silver then ever, what does it mean
  • Here we go with global food shortages again

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-576- Seven Deadly Cracks in the U.S. Economy

I authored an article yesterday you can read at The Real Truth About Money called “Seven Deadly Cracks and The False Recovery” (Link).  I didn’t want to do this episode today so close to Christmas but I can’t get this out of my head.

The things I will tell you today and the components of the article I will expand upon you really need to know about and be prepared for.

We are about to enter a very dangerous time, a period that will be lauded as recovery, I have been saying this was coming for over two years now.  Today I will show you the how and why behind it and the seven deadly cracks that will eventually allow the dam to break.

Join me today as we discuss…

  • Reasons things seem to be getting better
  • How inflation creates the illusion of recovery
  • The real reasons behind the initial crash
  • The Seven Deadly Cracks
    • The collapse of the housing market is still in full swing
    • High unemployment that isn’t getting better
    • The majority of US States are near bankruptcy
    • Many cities and municipalities are near bankruptcy
    • The US is 13 Trillion dollars in debt and climbing
    • The deficit in 2010 was over 1.4 trillion dollars and it will be as bad in 2011
    • FAS 157 Voodoo Keeping Bankrupt Banks Appearing Profitable
  • What you can do about this
  • Protecting your wealth in the future
  • Why holding some cash is something you must do despite inflation
  • Debt must go NOW, here’s why
  • My outlook is positive as always, the wold is going on sale again!

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.

Photo Credit Above to Wicky1 via Flickr