Derivatives: 2.2 Quadrillion Dollars in Bets That Are Really Risky
-In 2008 it was a liquidity crisis – today it is an insolvency crisis
-Nothing has been “fixed” since 2008, matter of fact the economy and finances are more precarious than ever.
-The 50 Trillion Dollar Deutsch Bank Derivative problem. It’s real
-There is money , gold and silver, and there are notes for money
-What are derivatives and how can they affect you – we dig in and analyze the entire derivative bubble
-Fear is being used to keep inflation at bay
-Australian listener asks about the possibility of an SDR being the new currency
-Why are numismatic coins safe? See Article One, Section Eight of the Constitution
-The Silver and Gold Fix changes on Friday. What will be the upshot?
-War is used to protect the dollar
-Amazing financial things have happened on August 15, Andrew’s birthday.
Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He’s written two books, The Secret World of Money and Uncle Sam Cooks the Books.