The American Open Currency Standard

Simon Black: Organized Government and Complementary Currency Systems

Kurt Wallace — Tue, 04 Jun 2013 07:58:09 +0000

Simon Black of Soverignman.com joins Open Currency Update with Kurt Wallace for ‘Simon Black: Organized Government and Complementary Currency Systems’. Simon shares how he woke to the concept of internationalization. He talks about the attacks by organized government against alternative and complementary currency systems with bitcoin exchange operators and now with Liberty Reserve. And the issue of parallel, uncontrolled crytpto-currencies and peer to peer transactions that cannot be controlled. He also discusses his thoughts on pro-USA jobs and manufacturing argument when international diversification has such obvious positive global impact – that global marketplace and buying local are not mutually exclusive.

Simon Black– Travels the globe providing quality information for his subscribers at Soverignman.com he discusses ways to have economic freedom and personal liberty in todays world. Subscribed to his free daily e-letter at soverignman.com

Bix Weir Story Behind Road to Roota Silver Medallion

Kurt Wallace — Sat, 01 Jun 2013 17:52:26 +0000

Bix Weir Editor of Road To Roota joins Open Currency Update with Kurt Wallace for ‘Bix Weir Story Behind Road to Roota Silver Medallion’. Bix shares his journey with Road to Roota Silver Medallion and what the symbolism artwork on the coin represents. He also discusses his thoughts on the divergence of the paper silver and physical silver markets, and the low prices in the gold and silver markets at this time.

Bix Weir is a freelance author and analyst dedicated to exposing the long term manipulation of the gold and silver markets. Has worked with GATA for 13 years and is Editor of RoadtoRoota.com

Brent Cook: Junior Mining Companies Gambling Opportunity?

Kurt Wallace — Mon, 13 May 2013 12:47:51 +0000

Brent Cook of Exploration Insights joins Open Currency Update with Kurt Wallace for ‘Junior Mining Companies Gambling Opportunity? ’. Brent shares his approach to investing in Juniors with thorough examination. He explains how he determines where to invest his own money and where he sees the biggest growth opportunities in mining. We also get a preview of Brent Cook’s upcoming speech in New York May May 13th – 14th.

Mulligan Mint and Metals and Minerals Investment Conference New York will be giving away a special edition 1 oz. copper medallion to the first 1500 attendees on May 13-14. We will also mint custom Metals and Minerals Conference Silver Medallions onsite, for purchase during the event.

Ron Paul – ‘I think it’s Fantastic’ CryptoCurrency, Bitcoin, Commodity Banking, Precious Metals Barter

Kurt Wallace — Thu, 09 May 2013 21:31:09 +0000

Ron Paul of Ron Paul’s Podcast Nation joins Open Currency Update with Kurt Wallace for ‘Ron Paul, ‘I think it’s Fantastic’ CryptoCurrency, Bitcoin, Commodity Banking, Precious Metals Barter’. Ron Paul shares his experience in discovering economic freedom and individual liberty. He explains why the Federal Reserves ‘Free Money’ will create more bubbles.

We discuss spontaneous redefining of what money is for the individual with new forms of currency such as bitcoin, commodity banking, personal trade and barter with precious metals. Dr. Paul talks about legalizing parallel currencies in the US and why economics is the baseline of his message of Liberty. We also get a preview of Dr. Paul’s upcoming speech in New York May May 13th – 14th.

Mickey Fulp on Future Global Demand for Copper

Kurt Wallace — Thu, 09 May 2013 16:29:21 +0000

Mickey Fulp of MercenaryGeologist.com joins Open Currency Update with Kurt Wallace for ‘Future Global Demand for Copper’. Mr. Fulp explains factors that will increase future demand for copper, palladium and platinum. He presents his reasoning on why mining is a value industry vs. a growth industry. And he answers the question of what is a good project and a bad project in the Junior marketplace. We also get a preview of his upcoming presentations in New York at the Metals and Minerals Investment Conference on May 13th – 14th.

Jack Spirko’s Message of Personal Sustainability and the Sentinel Silver Series

Kurt Wallace — Wed, 08 May 2013 04:09:03 +0000

Jack Spirko of The Survival Podcast joins Open Currency Update with Kurt Wallace for ‘Message of Personal Sustainability and the Sentinel Silver Series’. We discuss ways the average person can become personally sustainable. Mr. Spirko explains the misunderstandings around the survivalist or self reliance communities. We also discuss the aspects of the generational changes and debt conditioning that has taken place since the inception of the Federal Reserve system. Jack then shares the story behind his new Sentinel medallion series.

Rick Rule: Bull Market Corrections are Natural, Normal and Healthy

Kurt Wallace — Mon, 06 May 2013 23:45:24 +0000

Rick Rule of Sprott Global Resource Investments joins Open Currency Update with Kurt Wallace for ‘Bull Market Corrections are Natural, Normal and Healthy’. We discuss the correction of precious metals pricing, the physical silver supply chain and if he is seeing a divergence of paper silver and physical silver markets. He addresses Arizona legislators attempt to make gold and silver legal tender. Mr. Rule shares his thoughts on Bitcoin and other crypto-currencies being healthy competition – possibly making the US Dollar a more efficient currency and ultimately good for physical silver markets. He breaks down in detail his platinum and palladium thesis. We also get a preview of his upcoming presentation at the Metals and Minerals Investment conference in New York May 13th – 14th.

Jim Rogers shares insights on his book Street Smarts

Kurt Wallace — Mon, 08 Apr 2013 21:15:46 +0000

Jim Rogers of Rogers International Commodities Index (RICI) joins Open Currency Update with Kurt Wallace for ‘Jim Rogers shares insights on Street Smarts Adventures on the Road and in the Markerts’. While logging miles on his exercise bike, Jim discusses his ground up approach to investing and why he recommends investors learn philosophy and history. He also shares about a changing global environment toward Asia and why he sees New York City as a third world city. Rogers talks about his chapter ‘Creative Destruction’ and he explains the importance of how a robust immigration system directly effects the state of a society’s economy. You can purchase his new book Street Smarts: Adventures on the Road and in the Markets where he details his thought process on investing and what he learned from his successes and mistakes.

Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator and successful international investor. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance.

Jack Hunter: Government Spending ‘If we can’t cut this we will go the way of Greece’

Kurt Wallace — Tue, 05 Mar 2013 15:37:42 +0000

Jack Hunter columnist and new media director for Senator Rand Paul joins Open Currency Update with Kurt Wallace for Government Spending ‘If we can’t cut this we will go the way of Greece’. Jack discusses the claims that the Tea Party is no longer influential. He also talks about the President targeting to kill American citizens on American soil with drone strikes. Jack believes that we are in big trouble with our debt and government spending and we may go the way of Greece. He also explains why Senator Rand Paul voted against the Paul Ryan budget ‘wasn’t conservative enough’.

Jack Hunter began his punditry career in the late 1990’s when a friend and popular alternative rock disc jockey agreed to let Jack air his political views during the afternoon drive on 96 Wave (96.1 WAVF) in Charleston, South Carolina. His writing has appeared at The American Spectator, Lewrockwell.com, CampaignforLiberty.com and in Young American Revolution, the official magazine of the youth activist organization Young Americans for Liberty, to which he is also a contributing editor. Jack also assisted Sen. Rand Paul with his book The Tea Party Goes to Washington, released by Center Street in February, 2011.

What Happens When the Fed Really Does Run Out of Ammunition?

Kurt Wallace — Wed, 27 Feb 2013 21:04:05 +0000

Stocks dropped sharply last week, with the Dow falling some 200 points, after the Federal Reserve released the minutes of its January Open Market Committee meeting. Although the minutes reaffirmed the Fed’s easy-money policy, they also showed that some members of the Committee had voiced concerns. The dissenters cautioned that quantitative easing, the current program of massive bond buying, could not be continued indefinitely without serious risks.

Loading the Fed up with bonds creates the danger of big losses for the central bank if interest rates rise (which causes bond prices to fall). In a worst-case scenario, those losses could total half a trillion dollars over three years, according to one estimate. As a result, the January minutes included a carefully worded caveat: “Evaluation of the efficacy, costs, and risks of asset purchases might well lead the Committee to taper or end its purchases before it judged that a substantial improvement in the outlook for the labor market had occurred.”

Read article here