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Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

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Gordon T Long and Ty Andros, President, Traderview and publisher of the "Tedbits" web site and newsletter, discuss FINANCIAL REPRESSION in the first of a multi-part series.
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The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document. Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics Understanding FINANCIAL REPRESSION Macro Analytics April 7 th , 2012
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Page 1: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 2: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Ty AndrosTedbits.com

Traderview.com

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 3: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Gordon T Long GordonTLong.com

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 4: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Ty Andros Tedbits.com

Gordon T Long GordonTLong.com

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 5: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

THESIS 2012: FINANCIAL REPRESSION GordonTLong.com

Page 6: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 7: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

THESIS 2012: FINANCIAL REPRESSION GordonTLong.com

Page 8: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 9: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 10: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 11: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

“The best way to destroy the capitalist system is to debauch the currency.….By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”

John Maynard KeynesCommon Short Version

1920

Page 12: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 13: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 14: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 15: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 16: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 17: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 18: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 19: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 20: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 21: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

What is Financial Repression?

It is investments which yields less than REAL INFLATIONS and through

compounding systematically steals the wealth of investors and savers. It is UNSOUND Money which is Incapable of Storing Wealth and

Holding its Purchasing Power. Systematic looting /transfer of the wealth of the private sector to

insolvent government banking systems. Regulation into a Universe of Investments which have negative yields. Deliberate impoverishment to force investors into malinvestments.

Page 22: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 23: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 24: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 25: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

The Functions of Money

Sound Money

1. Medium of exchange

2. Store of value

3. Measurement/Unit of value

4. Standard of value

5. Moves purchasing power

through “space and time”

Unsound Money

1. Medium of exchange

2. Promise to pay, also known as an IOU

3. Backed by nothing

Page 26: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Gold is the Currency of Kings

Silver is the Currency of merchants

Credit is the Currency of Slaves

Credit is NOT Money

Page 27: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Your investments must YIELD 10% or more just to BREAK EVEN in purchasing power

April 7th, 2012

Page 28: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Central Bank Balance Sheets are exploding higher and have done so since 2000

Liquidity injections now rival the depthsof the Global Financial Crisis in 2009

Central bank reserves are up 500% since 2000;this is STEALTH monetization of Government DEBT

April 7th, 2012

Page 29: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 30: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Monthly Market Commentary – March 2012

GordonTLong.com

Page 31: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Monthly Market Commentary – March 2012

GordonTLong.com

Page 32: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Traditional Valuation of Stocks and Bondsin FIAT US DOLLARS

This is nothing more than Stocks and Bonds re-pricing to REFLECT the lower purchasing power of the currency in which they were denominated!

S&P 500 Priced in FIAT Dollars 10-Yr Notes Priced in FIAT Dollars

1990 2000 2010 1990 2000 2010

April 7th, 2012

Page 33: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

A TRUE Picture of Stocks and BondsPriced in Gold and Crude Oil

April 7th, 2012

S&P 500 Priced in Gold

S&P Priced in Crude Oil

1990 2000 2010 1990 2000 2010

10-Yr Notes Priced in Gold

10-Yr Notes Priced in Crude Oil

1990 2000 2010 1990 2000 2010

Page 34: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 35: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

THESIS 2012: FINANCIAL REPRESSION GordonTLong.com

Page 36: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

THESIS 2012: FINANCIAL REPRESSION GordonTLong.com

Page 37: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

The content of this slide should not be considered investment advice of any sort, nor should it be used to make investment decisions. Use of this slide is considered to be your explicit acceptance of the Disclosure Statement and the Terms of Use found on the last page of this document.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics

Ty AndrosTedbits.com

Traderview.com

Understanding FINANCIAL REPRESSION

Macro AnalyticsApril 7th, 2012

Page 38: Macro Analytics - 04-07-12 - FINANCIAL REPRESSION

DISCLOSURE STATEMENT AND TERMS OF USE

THE CONTENT OF THIS SLIDE PRESENTATION AND ITS ACCOMPANYING RECORDED AUDIO DISCUSSION ARE INTENDED FOR EDUCATIONAL PURPOSES ONLY.

This slide presentation and its accompanying recorded audio discussion are not a solicitation to trade or invest, and any analysis is the opinion of the author and is not to be used or relied upon as investment advice. Trading and investing can involve substantial risk of loss. Past performance is no guarantee of future returns/results. Commentary is only the opinions of the authors and should not to be used for investment decisions. You must carefully examine the risks associated with investing of any sort and whether investment programs are suitable for you. You should never invest or consider investments without a complete set of disclosure documents, and should consider the risks prior to investing. This slide presentation and its accompanying recorded audio discussion are not in any way a substitution for disclosure. Suitability of investing decisions rests solely with the investor. Your acknowledgement of this Disclosure and Term of Use Statement is a condition of access to it. Furthermore, any investments you may make are your sole responsibility.

THERE IS RISK OF LOSS IN TRADING AND INVESTING OF ANY KIND. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Listen to the original podcast for this slide at www.GordonTLong.com/Macro_Analytics


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