Glen Tate on the Prepper Recon Podcast

 

Today’s guest is Glen Tate. Glen is the author of the wildly popular 299 Days book series. Glen has just released book six in the series, The 17th Irregulars. Glen gives us a sneak peak into the book.

Glen Tate and I  discuss the recent announcement by the Obama administration to roll back the employer mandate portion of Obama care until 2015. The original deadline was 2014. This may be a sign that things are much worse in Washington than what is commonly thought.

We also talk about the recent language by the Federal Reserve to begin tapering Quantitative Easing. The move to reduce the amount of free money sloshing around is tantamount to taking away the punch bowl at a party. The news sent the party goers scrambling and interest rates spiked from 1.6% on the 10 year Treasury Note in May to a recent high of 2.71%. The increase represents a 69% increase in the benchmark rate. This is possibly another sign that things are about to come off the tracks.

In the interview, Glen Tate gives us his view on the precious metals market. The gold to oil price ratio is 11 to 1 when compared with the brent crude price per barrel. Historically, anytime the ratio has gotten near 10 to 1, it has been a screaming buy sign for gold. If you do decide now is the time to buy, check out the prices at JM Bullion.com. They have the lowest over spot price of any dealer that I know of.

ratio gold oil

Today’s Prepper Recon Podcast sponsor is CampingSurvival.com. Whether your plan is to bug in or bug out, they have all of your preparedness needs including; bug out bags, long term food storage, water filters, gas masks, and first aid kits. Use coupon code PREPPERRECON to get 5% off your entire order at Camping Survival.

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I hope you enjoyed today’s show. Check out Glen’s website at 299Days.com. We have links to purchase all of his books through amazon in the links below.

Happy Prepping!