14 Comments
founding

Thanks Lena watch your interview with Andy . Such a powerful presentation of where America is.

Always looking forward to hearing your insights.

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author

Hi Nelson! Thank you, I'm glad to hear this! I plan on doing more interviews from now on and hope you'll find those interesting too!

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Nice to see that you are doing interviews. Assuming you have him on again, or anyone else similarly, please, if you can remember to ask them these questions:

1) please bring up tokenization of all assets, including precious metals. CBDCs are terrible, yes, but after studying it and watching your reports tokenization is the real dark horse that is getting nowhere near enough attention, and I think presents a problem that is going unnoticed.

2) Schectman said he was buying precious metals since he was 20. Now he's in his fifties or so, right? So, as someone who is a Gen-Z'er, and factoring in all the issues we have currently, how would it even be feasible to buy a decent amount of precious metals that would even matter? I have no debt, but I am renting at my dad's house, and there is no way I could even think to get even a few gold coins. Not to put words in his mouth, but what do you say for me, Lena, or anyone? I am NOT anti-gold, but to me I think things like land, food/water, ammo, and barter ability are more advantageous for the future, but I'd love to hear what you and he says to that. Thanks.

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author

Hi! I will definitely host Andy again very soon, and will bring up the questions you asked. Those are very good points that I'm sure many viewers share and would be very interested to hear Andy's input on.

With regards to tokenization, unfortunately there's not a ton of clarity as to exactly how tangible assets such as precious metals would be tokenized. I"m assuming that anything that is physically in your possession, cannot be "tokenized" and will continue to be the safest investment. While those who purchase shares in gold mining companies and similar ETFs, would have their "assets'' digitized.

Thanks again for your questions! Please stay tuned :)

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Awesome, sounds great. Thanks Lena!

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May 24·edited May 24

This interview video was a month ago, so not sure an answer will be forthcoming, but... I see the same as you, WinePress, in that barter items (ammo, water, food, seeds, sugar, coffee, med supplies, etc.) would seem far more valuable than gold. I have gold, but i believe it could all evaporate overnight. How? Two ways:

1) the president signs an executive order making possession of gold illegal - as was done in 1933 and remained illegal for 40 years or so. Gold had to be turned in to gov't for cash (at lower rates) or face a fine up to $10K and/or 10 years prison. All it takes is a presidential signature, and done. Is that likely to happen? Not so likely in a qasi-normal world, but there is nothing normal about the world now. We see historical "firsts" all the time now, so anything is possible, i do believe. If metals become illegal, no one will take it in trade for anything.

. also...

2) No one is set up to accept gold. If i could find food at a store, how do i shave off gold for seller? What is enough gold for a loaf of bread and a gallon of milk? Or for gas etc? How can anyone keep gold or gold shavings protected?

3) if (when) world currency becomes strictly digital, then gold instantly becomes completely irrelevant. Wealth is eventually to be digits keyed into a computer, and gold would be literally nothing more than a pretty curiosity.

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May 1Liked by Lena Petrova

Even though I have seen other interviews with Andy Schectman, I still enjoy listening to him. Thanks, Lena.

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Thanks Lena, I hear Andy before in Robert Kiyosaki RichDad radio. But this is even better and more informations that are very important to me to understand the world we are in today.

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Lena, I first saw Andy Schectman video about 6-7 months ago and it was quickly apparent to me the man was very intelligent and knowledgeable about geo-political-financial matters, and an expert on gold and silver. I was so impressed that I wanted to send you a message suggesting that you might want to check out his YT channel but I did not have any way of messaging you except on a comment which you might not see. Anyway I was very pleased to see you had him on as a guest ( I guess I should have known better that you were aware of him since you are pretty smart gal as well!) Andy's ability to speak at length in such detail about a very complicated subject is quite impressive to say to the least. I don't usually listen to any video for an entire hour because I don't have much free time, but this video seemed to breeze by. For some reason, his videos don't seem to garner as many views as they should in fact there were a couple of vids where I was the only one who left a comment, so I was very glad that you introduced him to your large audience. Keep up the great work, it is very appreciated in fact I hope to upgrade to founding after my current subscription ends.

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author

Hi! Thank you very much for your support (here and on Locals!)! I'm very happy to hear that you enjoyed the interview. Andy is absolutely amazing and I certainly hope to have him back for another video. Hopefully more people will start listening and actually "hearing" what Andy explains in such great detail!

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That would be great. Truth tellers like Andy, Pascal and you are a much needed bright light in an ever darkening world. Do take care.

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Every financial pundit tells us to chance our fiscal policies. Not one says cut military spending! Not one says stop meddling in the internal affairs of other countries. Not one says turn the CIA from a plotter, from a secret operations violator of international law, of the UN Charter, of our own Constitution to simply an intelligence agency.

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Lena & Andy, two “big picture” analysts par excellance”. I would be lost without you.

You are both required viewing for me, along with other greats like David Rogers Webb, Chris Martensen, Rob Kientz, Andrew Maguire, Alastair Macleod, Judge Napolitano and all their excellent guests. And this is just to name a few of the articulate honest ethical people calling out the lying, cheating, murder and general moral degradation we are being expected to accept as normal behaviour.

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founding

This isn't on topic, but I can't find enough information to understand and hope you can help. What is the relationship between the interest rate offered on government bonds and the interest rate charged to consumers at banks? Is there a relationship or are they independent. I read about the government bond auctions and find they don't have enough buyers at the offered interest rate, so they raise it, the difference between the offered the final rate being called the tail. If the rate increases and is to an extent out of control of the offeror, does that affect the rate banks require for consumers? With the rise of the BRICs, there are alternatives to American Government issued bonds, so I would think that they bond interest rate would have to be made big to attract buyer. It would be nice to have this discussion.

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