He
outlines
key
insights
he's
gleaned
via
decades
of
guiding
investors
to
financial
success
to
improving
one's
intangible
legacy.
By
reverse-engineering
our
lives,
David
McAlvaney
believes
virtually
everyone
can
attain
a
more
fulfilling
state
through
nurturing
/
fostering
relationships.
His
proposed
outcome
enhances
the
net
worth
of
merely
a
solid
bank
account.
It's
proposed
that
the
exponential
advance
in
the
PMs
sector
in
2011
should
have
resulted
in
a
parabolic
climb,
but
the
PTB
intentionally
capped
the
price.
Adding
to
the
appeal
of
PMs
investments
includes,
geopolitical
instability
among
key
oil
producing
nations
and
shifting
allegiances
in
emerging
nations.
Given
that
the
bull
market
in
PMs
is
still
intact,
the
end
game
has
not
yet
played
out
-
prices
will
soar
to
manic
heights
in
just
3-5
years,
by
2020-2022.
Pundits
in
the
gold
crowd
concur,
John
Embry
recently
proposed
that
one
of
the
few
markets
not
experiencing
manic
conditions,
the
PMs
sector,
will
eventually
eclipse
the
competing
asset
classes
as
stocks,
etc.
return
to
the
mean
with
more
pragmatic
valuation
levels.
Bill
Murphy
of
GATA.org
and
the
host
discuss
the
Bitcoin
phenomenon
and
the
implications
to
the
precious
metals
sector.
The
positive
technical
position
of
the
PMs
sector
suggests
an
upside
breakout
is
imminent
in
the
coming
weeks.
The
move
could
potentially
launch
gold
northward
to
$1,500
and
silver
$26
an
ounce.
Just
as
the
digital
currency
Ethereum
has
increased
over
10
fold
as
Bitcoin
tripled
in
value,
silver
gains
could
eclipse
gold
in
the
imminent
advance.
Please
listen
here
Dial-Up
Real
Audio
MP3
FAST
Download
Highest
Quality
Download
Right
click
above
&
"Save
Target
As..."
to
download.
To
learn
more
about
software
needed
to
play
the
above
formats,
please
visit
the
FAQ.
Guest
Biographies
David
McAlvany
McAlvany
Wealth
Management
David
McAlvany
is
President
and
CEO
of
the
McAlvany
Financial
Companies
International
Collectors
Associates,
ICA
Europe,
and
McAlvany
Wealth
Management
and
is
director
of
the
Swiss
Corporation,
Global
Gold.
He
is
a
featured
speaker
on
international
television
and
radio
programs
and
at
financial
seminars
around
the
world,
analyzing
major
events
and
their
impact
on
the
global
economy
and
financial
markets.
He
can
be
heard
weekly
on
his
market
commentary
with
world
leaders,
bankers,
economists,
and
renowned
investors
at
www.mcalvany.com
.
David
McAlvany
is
a
graduate
of
Biola
University
and
an
associate
member
of
Keble
College,
Oxford
University,
where
he
studied
philosophy
and
political
theory.
He
later
volunteered
as
an
analyst
in
Chile
with
The
Institute
for
Liberty
and
Development
an
organization
dedicated
to
providing
free
market
solutions
throughout
Latin
America
and
the
Third
World.
He
went
on
to
achieve
honors
as
a
top
salesman
with
Southwestern
Company,
and
gained
extensive
business
expertise
with
Morgan
Stanley,
including
with
work
with
start-ups
and
business
financing.
He
has
traveled
extensively
throughout
Africa,
Asia,
South
America,
the
Middle
East,
and
Europe.
His
international
research
has
given
him
a
global
perspective
on
financial,
economic,
political,
geopolitical,
cultural,
and
intelligence
developments
around
the
world.
This
perspective
helps
him
avoid
focusing
too
narrowly
in
his
analysis
of
investment
and
risk
in
any
give
asset
category.
David
is
a
past
board
member
of
international
firm
The
Warren
Electric
Group
in
Houston,
Texas.
He
also
assisted
in
fund
raising
with
Hugh
OBriens
HOBY
National
Youth
Leadership
program
and
is
presently
on
the
investment
advisory
board
for
the
Ft.
Lewis
College
Foundation
where
he
shares
responsibility
for
all
endowment
assets.
As
an
avid
reader
on
many
subjects
including
finance,
economics,
and
philosophy,
David
facilitates
a
business
related
monthly
book
discussion
with
the
McAlvany
Financial
Group.
His
interests
are
varied,
but
he
has
a
keen
passion
for
cycling
and
mountaineering.
He
spends
his
free
time
with
his
wife,
and
their
children
skiing,
hiking,
and
enjoying
the
mountains
of
Colorado.
Bill
Murphy,
GATA
Chairman
Murphy
grew
up
in
Glen
Ridge,
N.J.,
and
graduated
from
the
School
of
Hotel
Administration
at
Cornell
University
in
1968.
In
his
senior
year
he
broke
all
the
Ivy
League
single-year
pass-receving
records.
He
then
became
a
starting
wide
receiver
for
the
Boston
Patriots
of
the
American
Football
League.
He
went
on
to
work
for
various
Wall
Street
brokerage
firms
and
specialized
in
commodity
futures.
He
began
as
a
Merrill
Lynch
trainee
and
went
on
to
Shearson
Hayden
Stone
and
Drexel
Burnham.
From
there
he
became
affiliated
with
introducing
brokers
and
eventually
started
his
own
brokerage
on
5th
Avenue
in
New
York.
He
now
operates
an
Internet
site
for
financial
commentary,
www.lemetropolecafe.com.