Tue, 17 April 2012
Ed Caccia is a loyal listener to the show. He's also a fellow New Yorker, and a very savvy investor. By studying history and understanding the life cycle of unbacked monetary systems, he came to the inescapable conclusion the only lasting wealth comes from the ground. While there are certainly other ways to earn a living or a return, resource based investing has proven time and again, that food, gold, silver, and energy are always worth considering as investments.
Ed and I also talked about the dumbing down of schools and their failure to teach American History. "Those who fail to learn from history are destined to repeat it," this catchphrase has never been truer than today. Hearing someone in Ed's position explain how he came to understand that the present system was doomed can be very instructive. We're looking forward to having Ed on again for a follow-up interview soon.
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