What You don’t know

about money!Forever Friends

Podcast 2September 2014

DisclaimerVerify this information for yourself

Information for consideration!Forever Friends are not Licensed

Financial AdvisorsFinancial Information are provided from information publicly available

from public domains.

Disclaimer

Don’t get caught “With your Head in the Sand”

Cognitive Dissonance

A medium that can be exchanged for goods and services and is used as a measure of their values on the market--- Shells Bones Stones Salt Precious Metals

World History of Money Anything society assigns value to

What is Money

Historical Progression of Money From something to nothing

Shells, stones, bones, gold, silver

Metal Coins Paper Currency

From Money to Currency

Dollar Then and Now

The Gold Standard

Series 1928Pay on Demand

Legal Tender for Debt

Series 1985

The Change in the Dollar

The Currency of the World

U. S. Dollar

Historical Value of the US Dollar Increased printing leads to decreased Value

Dollar Devaluation

Historical Fiat Currency

CollapseCurrency vs Gold Historical Graph

British Pound

US Dollar

Euro before conversion

China Yen

The Stock Market

The Great Depressions

Dow Jones Historical Graph

Neoliberal Capitalism

Housing Market Failure/The Bailout

• QE unlimited (85 billion per month)• Already decreasing to 75 billion

• Loss of dollar as world currency

• Loss value of US bonds

• We can not borrow our way out of debt

THE MONETARY SYSTEM MUST CRASH

Not if but WHEN

The Truth

The only way to hedge against inflations

Used for currency since antiquity

Maintains Purchasing Power

Universal Currency

Portable

Why Buy Gold & Silver

THE SOLUTION

Why you need to buy GOLD“it remains to be seen whether the Federal Reserve can withdraw enough liquidity to avoid further inflation. If inflation becomes a big problem, demand for hard assets like gold will increase greatly. China and India demand for gold will only increase over the next 10 yearsSecond, as they get wealthier, China and India will consume larger quantities of gold. Even though their economies are not doing well at the moment, on a ten year time-frame, China and India's wealth will only increase. Since gold is a luxury good, as Chinese and Indian wealth increases, gold demand should likewise increase.” “Jae Yao” March 2014

“Warren Buffett’s advise to his wife is investment Gold.”

By Terry Keenan March 1, 2014 | 9:45pm Warren Buffett

Warren Buffet on Gold

Daily Reckoning, Fiat Currency: Using the Past to See into the FutureRetrieved from, http://dailyreckoning.com/fiat-currency/

Durden, T., Visualizing The Collapse Of Fiat Currencies, Zero Hedge, May 7, 2013, Retrieved from, http://www.zerohedge.com/news/2013-05-07/visualizing-collapse-fiat-currencies

Keenan, T. Warren Buffett’s advice to his wife is investment gold, March 21, 2014, Retrieved from http://nypost.com/2014/03/01/warren-buffetts-advice-to-his-wife-is-investment-gold/

Moir, B., Dow Jones Industrial Average 1900-Present, September 18, 2012, Retrieved from., http://bevmoir.com/dow-jones-industrial-average-1900-present/

Radical Art Initiative, November 30, 2012, Neoliberal Capitalism destroying Society, Retrieved from, http://radicalartinitiative.com/?m=201211 Reuess, A. Dollars and Sense 2009 Archives, What can the crisis of U.S. capitalism in the 1970s teach us about the current crisis and its possible outcomes?http://www.dollarsandsense.org/archives/2009/1109reuss.html Stock Market Crash Image courtesy of pixgood.com

DisclaimerVerify this information for yourself

Information for consideration!Forever Friends are not Licensed Financial Advisors

References