Chris Answers Your Questions (Part 1)

Thank you Chris.  You presented your views in a lucid way that we can all use to better understand your message.  I look forward to your next podcast.

The one segment that most struck home is the last in which you commented on whether tptb understand the concepts and issues dealt with on this blog.  I have long wondered about that and suspected that you are right.  They do.  To me that is particularly sinister as they seem to be doing nothing to address the many problems or to even prosecute the many malefactors who plunged the economy into it's near (and it isn't over) collapse.  After listening to the podcast I ventured over to tfmetalsreport.com where Turd is in fine form today.  He posted three articles by Jim Sinclair and another by Jim Quinn that paint our current circumstances in rather dire terms.

http://www.tfmetalsreport.com/blog/3394/latest-jim-quinn

http://www.tfmetalsreport.com/blog/3392/whats-santa

I'm wondering whether you view our situation similarly, and if so, how you maintain your emotional equilibrium and don't run around with your hair on fire. 

Doug

Please consider doing this on a periodic basis (i.e. monthly or quarterly).

Never seen long term success that doesn't include bottom up:  1.) involvement, 2.) empowerment and 3.) feedback.

This partially facilitates this.

Note:  Your comments that key decision makers are aware is key.   Essentially too many promises, not enough will to change until we crash.   Investments to consider...enough said.

Nichoman 

I always get nuggets of wisdom from Chris.  My biggest jewel from this interview is when he said there is a tremendous gap between the policies our politicians are pushing for and the reality that even they know is true.  It was inconceivable to me that someone can act contrary to their own knowledge on matters of such importance, but I believe it 100% that this is going on.  I remember Daniel Hannan's blasting the English Prime Minister for doing the same with debt over there in the UK about two years ago.  Amazing but true...

Hi,

I just listened to the podcast, it was excellent.  Hope you guys continue to do this.  I am sure the number of questions from visitors will go go up and down.  Let us know if you need more.

I found the section near the end about the current crop of politicians and business people being aware of the possibility of a 3E future kinda sad.  I used to be in politics.  Was a member of the Vermont Legislature.  I think it is awful that a group entrusted with the leadership responsibility of a society.... refuse to take action.  Either they have the information and shrug it off or they are totally shirking their duties as those entrusted to make decisions.

I have to wonder if they have access to the information and just refuse to believe.

Jason

Adam Taggart: Great. Well, one little commercial to make, too, is that with the new site we will be launching in two months, we will be adding essentially a data dashboard on the site for a lot of the most common sources that you mentioned that you look at. So if folks want to be looking at the same types of data that you are looking at on a regular basis, we will have that dashboard in place.

Yahoo!

I'm working on my tax stuff.
I'm confused about this:
Is my bullion an "account" or an "asset"?
It appears to be a different form depending on which it is. 

I'm sure there are many of us that would benefit from an answer on this.
... dons

It never ceases to amaze me how much Chris and I think in parrallel.  I've always thought that TPTB must know what is going on, and yet do nothing....  but it is both gratifying and reassuring that he thinks so as well.

Hence my resolute wish that the crash occurs as soon as possible, because NOTHING will happen until their hands are forced to...

What a crazy world....

Great podcast BTW.  Must see about getting involved in the next one!

Mike

What bullion are you talking about?  You really should take it with you on a canoe trip sometime.  Although many have had bad experiences and lost theirs in various bodies of water.. I am sure this would never happen to you. 

Cool podcast Chris and Adam.  I look forward to the new website dashboard... a great idea and one that you can build on as we see it and get the feel of it.  Maybe we could even create some of our own indicators to watch as well, i.e. Dow:Gold ratio, etc...  

I will say this too... one of the things that came through for me was how really bright and attuned Adam is... what a great team!   Thanks, Jim

Dps

If it is held through an account out of the US the IRS requires a report which I explained in this link. http://www.chrismartenson.com/forum/june-30-deadline-report-foreign-accounts-irs/59671 As far as I know they don’t require any report if it is held in the US unless you sell it for a gain. If you sell for a loss you can report it to lower your tax. I’m not entirely sure about the US held issue though.

Travlin 

Chris/Adam,

Great listen, and I'm really looking forward to that data dashboard!  Perversely enough, ever since leaving the 8-to-5 regular employment world I find I have a lot less time to devote to daily web news and information  .  Being able to see the more critical data and changes in a quick minute would be a godsend, especially when travelling.  As you mention Zerohedge is great and quick in mentioning noteworthy developments, but sometimes it's too easy to get wrapped up in reading a dozen different things and get sidetracked when I have other things that need doing  .

- Nick