What you don't know about money final final presentation
description
Transcript of What you don't know about money final final presentation
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