Alasdair Macleod & Dominic Frisby on GOLD, BRICS and CREDIT

[@samyporrata5840]

I own gold and silver. I’m not excited hearing it’ll go to 20k because just means prices for everything else will be 10x as well. But part of my wealth will be protected.

[@anthonyvidal4432]

Thank you guys for this interview. Very informative and straight forward.

[@DivinaAncelet-i7p]

Russia’s performance in recent times has always been undervalued. Hosts saying it’s ready to go gold tomorrow, and probably the only country that is - is spectacular. So ahead. History will look back ….

[@jeanolotu4095]

Please don’t downplay the power of Gold. Making money value or creating money value from thin air is coming to an end. Unfortunately those countries who have been benefiting from all the mechanisms have to really think twice now.🤔

[@gerrydepp8164]

A lot of people are in denial about BRICS....

[@ssuwandi3240]

They bet on Kommunist_ funded terrors😊

[@harism2001]

Exactly !!

[@Ivan-wi8mc]

The problem with Gold is storage and transportation. For the average citizen, it’s a liability to store large amounts in their residence, if you pay for storage, then you have a third party risk, you may or you may not get it back upon demand. I like gold and the argument for owning it is valid, but who’s going to risk having a 200k of gold in their residence? How do you move it if you decide to go to another country? Bitcoin on the other hand, does not have that problem, secret phrase in your mind and con literally have millions in a thumb drive like device. Would love to hear your opinion.

[@billhanna5455]

Just look back to 47 i think when the UK told India , Sorry we cant give your 2000+ tons of gold back > We need it ?? Today India is repatriating there gold from Enbland a 110 tons yesterday can you blame them .

[@vishnumohannair8506]

There are gold ETFs. I used to buy 24 carat gold coins and of course in India there is Gold jewellery but we need to keep them in lockets. But now it is Gold ETF.

[@bola732]

Goldmoney. Won't be long before it is traded digitally.

[@nicolagianaroli2024]

I like a combination of both

[@AndrewCalderwood-s2b]

Absolutely best news channel anywhere and everywhere

[@terryandrews49]

All minerals came from the stars, not just gold.

[@jillybe1873]

Also all bacteria, all organic life. "We are made of star stuff".

[@soullama7237]

Gold era started folks, All the governments are loading up GOLD. Load up some ounces.

[@annaweiers2947]

Banks are advertising it for sale

[@andrewquinn6634]

Here in the States, Briben has decimated our energy industry

[@rogerburn5132]

BRILLIANT CONVERSATION GENTLEMAN PLEASE DO IT MORE OFTEN THANKS - - LIKE 👍👍👍👍👍

[@SectorUpTrend]

Agreed 👍

[@fullofhope2222]

gold is now Tier One !

[@snowyowl6892]

and I ain’t got none … … Tear 1 😢

[@dominicestelley2168]

Get some then

[@DivinaAncelet-i7p]

@@snowyowl6892start with silver. 34 usd 1 Troy ounce. You’ll soon jump to gold. Besides in crisis silver (poor man’s gold) will outdo gold, by sheer demand.

[@ronaldmiller3619]

Not silver

[@JS-ih4qi]

You are not taking into effect the psychology of Chinese citizens. They are savers and there is nothing they can hide from their government other than gold. Central banks are purchasing all over the world but we can’t overlook Chinese and Indian citizens especially since their populations are so large. I also wonder how these large private gold holdings would affect their respective nations economies if a downturn happens and citizens need liquidity fast. I think this could provide a correction in gold. Also let’s not forget the whole world is in huge amounts of debt. The propaganda focuses on the USA but the whole world is in the gutter. What happens if these countries try raising liquidity thru issuing bond or other means and the appetite isn’t there. Isn’t there a chance central banks, financial institutions, and citizens could potentially be forced into selling gold? The whole world is being affected with multiple problems in unison which makes the current downturn look globally systemic which is forcing a race to the bottom in rates and if enough of these nations get hit with liquidity issues at the same time then I don’t see any other way for them to raise funds unless they sell gold. It will be interesting to see how nice BRICS plays together in their sandbox when they all need to do what’s best for their respective countries. I personally think we will have a global recession and institutions will sell in a diversified manner to raise liquidity like past recessions which will cause gold to drop. I’m not saying it’s not a good investment when applied to a diversified portfolio. I just think investors will have a better entry point than the current all time highs. Same goes for stocks.

[@Silversqueeze2025]

Everytime you say gold you should say gold and silver. What applies to one applies to the other

[@Ourdirtytwo]

Really? I didn’t know gold is used in wiring and many other uses.

[@danehud]

@@Ourdirtytwo Yes you look at high end entertainment/computer equipment you will find gold coated plugs and slots.

[@AllodialTitle]

Tom Luongo had a good take, on the Duran.

[@AR-fy2qo]

As Britain drained a total of nearly $45 trillion from India, how embarrassing this all is as the empire falls.

[@JM-gu3tx]

Beautiful RP accents. I pity only 5-15% of Brits have that erudite and eloquent sounding accent. (Most RP speakers are outside of Britain.)

[@pardeeptandon]

If Trump imposes 100% Tariffs on Chinese goods, then Consumer prices will hit the roof.

[@johngaccione5633]

The first was correct. The Lord Himself made it ❤

[@AllanEvans-c3d]

genesis 2. 11

[@gabrielshaw4729]

G-Day is coming!! What is G-Day...It's when people wake up to what is happening and gold goes to its true value.

[@northernirelandfootanklecl1767]

Fantastic video from two great economic clear thinkers.

[@Shadytube2024]

I want a gold frisbee ⭕️

[@PaulWong-f5s]

Inflation must be split into asset price inflation and consumer price inflation. In the physics view, the asset price is as simple as one variable equation with a money quantity increase. The consumer price is very complex with vaguely a multiple variables equation with a money quantity increase.

[@harryzero1566]

Until you've held a 1oz item of pure gold in your hand its very difficult to appreciate the intrinsic value that lies within. Within multicultural UK, we have such a diversity, that gold is a very liquid commodity that joins us all.

[@boodgiek8146]

THE SWIFT SYSTEM WILL COLLAPSE .GOLD WILL RULE .PAPER ASSETS WILL BE GETTING VERY UNSTABLE.

[@raymond7451]

That's not a crazy statement . Especially when the USA elects Trump .

[@hotandsweaty6057]

I used my pocket money , aged 11 in the early 70's to buy gold Saudi riyals.

[@Carlos-im3hn]

Fantastic gentlemen ! Great topics. Here we are. Thank you both for this !

[@Worldturnedupsidedown]

Gold is stardust,indestructible and money

[@davejohnston5158]

Gold is part of the perfect creation

[@ianpoots7404]

Went shopping in Tesco England and found myself paying more in sterling , For some Tesco brands than in Euros. ( Ireland ) it seemed the exchange rate

[@frozbiggins]

What’s your thoughts on the theory that there is a lot more gold in storage than is commonly thought. The book Yamashitas gold is fascinating reading on this subject.

[@bitsandbobs4082]

@@frozbiggins after 3000 yrs of widespread usage I would guess masses of it have just been lost.

[@Ofelas1]

Nice discussion, great to hear Alisdair speaking of more around the topic. Phonecians were part of the fertile cresent, the Mesopotamians had credit, banking, and debt forgiveness 2000BC.

[@GoldStandardGlobal]

Great educational video for anyone interested in Gold. How would one contact you personally Alistair🤔

[@joshskinner2777]

Fantastic and enlightening conversation to listen to. Thank you.

[@stephentan7881]

2 experts on gold-fiat economics.

[@jayd6813]

That was excellent.

[@mekean1]

Could you please speak about the corruption of the Gold Standard between say 1900 and the end of WW1 and beyond a little more? If the same issues face us as then, why would a gold standard work now but couldn't work back then? The issues included the gold drain from the richer economies with higher standard of living and higher labour costs to the poorer economies who enjoyed trade surpluses. I understand tariff walls were attempted by the rich economies, but failed, so the gold 'standard' slowly broke down via various rich-country regulations/methods...

[@TopG-SA]

Meaning touching water is the same.

[@blazingblunt5762]

To think and set a ratio, you have to compare apples to apples. So my question to you is…… if it cost 1 once of silver a month to rent a house. How many months would you.get for 1 once of gold? Great interview.

[@DivinaAncelet-i7p]

1 troy ounce today? 1 oz gold would give you 84+ months of rent. I’ve learned from finance savvies decades ago, collect both but more so of silver. Poor man’s gold will outdo real gold in value by sheer demand. In crisis. And it’s change. You may not get change with gold . In crisis.

[@blazingblunt5762]

So that would be 7 year (84 months) to one month…… not really apple to apples, years and months. Sound more like copper to gold ratio. When my buddy asked me this question, after a few mins copper and nickel came to mind. To answer this question I would say under 32:1

[@ssuwandi3240]

Well China Central Bank just printed a record of $1.4 TRILLION BAILOUT 😮😅 KOMMIELA IS FIRED!!

[@simonlanglands1401]

Guys what about Bitcoin?

[@rusticbox9908]

Bitcoin is just a digital mystery currency, at least the USD has the US govt behind it. Bitcoin has nothing, just the ppl that use it claiming its value.

[@Applepie409]

What about platinum?

[@samahdy]

Great question. It's much rarer than gold.

[@civilguardk9llc551]

I rarely see people paying for groceries with cash. So credit has become sadly evident for the purpose of buying food.

[@Deco_2k]

The issue is that persons love conveniency too much, but if you really think about ppl always been using credit! for example credit card. and I feel like ppl should have options we shouldn't stick any one form of payment method.

[@davidgray3321]

It is certainly true that Gordon Brown was a history lecturer, that is not why he needed lessons in economics, it was because he was not a lecturer in Economic History, since had he been his grasp of the economy would have been excellent. Many articles and books about economics are not written by economists but by Economic Historians who do a great deal of research and usually are better writers than economists, who love economic modelling which has limited use. Just a thought chaps.

[@veronicalogotheti1162]

Thank you

[@Celticcross688]

Beautiful Mask of Tutankhamen had the privilege to see it twice.. it is so precious..London & Cairo.

[@dominicestelley2168]

Me too London 1972

[@Ofelas1]

Also reminder, great civilizations do not last

[@Ofelas1]

@vin-bharatmahaan6569 "you guys", maybe I am Egyptian?

[@adoremus4014]

Hinduism is paganism. The 33 million gods of Hinduism are demonic entities.

[@kevinford6420]

Thank you Mr Brown ....TWAT

[@bitsandbobs4082]

His adviser who then took a job at the firm that bought the gold

[@SMSFgraham]

Same in Australia. John Howard sold most of our gold for buggar all.

[@bitsandbobs4082]

@@kevinford6420 Canada has none

[@zx9mel]

The accumualted wealth of a nation, paid for by the blood, sweat, tears and hard work of ordinary people over thousands of years, SOLD to buy US Dollars and Euros. FFS

[@Mark-ez2vw]

Digital silver in a digital age, litecoin is a digital precious metal, not a security. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. The scarcity of litecoin is the key feature of its technology. Everyone tends to flock to digital silver and digital gold, litecoin, and bitcoin, when things aren't going well. Litecoin is a decentralized digital commodity, just like bitcoin, but not even close so heavily concentrated in a few hands like bitcoin is. Both have Proof-of-Work consensus, and both have a limited supply of coins. Only that litecoin is lighter, swifter, and hugely undervalued against bitcoin. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total.

[@Hoosierdaddy19]

God made gold and silver

[@alonzolobaton4631]

King Solomon Gold is the GOAT🤗From The Land of Ophir🤫

[@badgerbrry]

Hilarious, this guy had been talking about BRICS and gold backed currency....now all of a sudden he calls it rubbish....

[@jeanolotu4095]

Every tactics they used in the market place is all about the battle of the mind (information technology and media manipulation or control is the art they use). Fortunately for developing and underdeveloped world, they can now get alternative source of information not only from mainstream media but also from other sources and that’s a good thing.🤔

[@mountainman9145]

Dominic states that the cost of a phone call has gone from 10p in 1971 down to zero today - I beg to differ. It depends on how you analyze the true cost. Back in those days you could walk into a phone booth to make the call. The cost of the phone booth to you was zero (funded by the government/taxpayers) - now you have to sign up to a mobile phone plan to get that free call. Which is cheaper 1971 or now?

[@willscurlock]

I think you are just comparing the cost of the physical infrastructure involved. What you should compare is the costs of the call duration.. A call to north america in the 1970s was in the pounds per minute now it's in the pence per minute. Or, if you you use whatsapp, it's free.

[@williamwilliam5066]

Silly, my phone costs £5 a month, cost of calls via whatsapp/Skype = zero.

[@mikythesaint6507]

@@williamwilliam5066 It does not really matter what the cost is now, as they would virtually give you a smart phone as you are now the product. Your data and habits are worth more than that 10p call in a phone box or your 5$ month contract. 🤣Nothing is free or Zero cost

[@lorilacour7816]

Maybe !!!! He is very practical and savy in business!!

[@SectorUpTrend]

Gold is 100% my fav investment.I was born 1971 when history went wrong with a non Gold backed dollar. Fascinating viewing right here. 👍

[@carlyndolphin]

Gold did nothing between 1975 and 2005.

[@SectorUpTrend]

@carlyndolphin this true. Cycles same can be said for the general stock market. Far worse... # 1929 - 1942 13 years no gains # 1966 - 1982 16 years no gains # 2000 - 2020 13 years no gains. Good chance after next crash there will be no gains as its too inflated with money printing. The point of Gold is being the safest storage of wealth and survival. You can buy bread with Gold if the internet is down and feed your family. Countries around the World are hoarding Gold as we speak because of potential war and definatly recession. If there dollars and Markets fall they still have Gold and it goes up. How I play it, is Im allways in Gold ( Silver) , I play the Gold Miners with the cycles buy at bottoms and sell when Gold is topping . Also play the markets and little butcoin. Hence my KZbin name I buy the sectors that have a edge over the others. Gold overall, Long term has performed 6 - 8 % per year. Yes the S&P has 10-11 % performance overall. But ! Because I buy miners when no one wants them Im getting on average long term 20% per year. Plus Im playing the winners that have a edge in the outperforming sectors. But meanwhile my Gold is just plodding along perserving my wealth.

[@DivinaAncelet-i7p]

@@carlyndolphin it doesn’t do anything. Its value is intrinsic. West manipulated pricing to play the PERCEIVED, not intrinsic , value of fiat dollar. If priced fair today - with the crap shape of dollar - it should be probably 100 times more.

[@carlyndolphin]

@@DivinaAncelet-i7p $1 invested in stocks in 1800 would be worth $500 million today, adjusted for inflation $1 million. $1 invested in gold in 1800 would be $78 today, adjusted for inflation $3! Look at the difference between $1 million and $3! The only benefit of gold is that it has hedged against inflation. It’s not a wealth builder.

[@oneeleven9832]

Gold premiums in the uk were approximately £50 on an ounce for a good while…they have just popped to £85..is retail waking up🤔

[@bitsandbobs4082]

That's annoying just to but I would still take that bet given there is little supporting the £. Not as this annoying as this advert wanting me to trade in the pension pot for his commercial property

[@sierracharlie7293]

0:25 The Universe created Gold Billions of Years ago, Man created BTC 5 minutes ago. Comparisons won't age well.

[@jameskikuoka4863]

If you saw the HBO special, created by a 15 year old teenage geek!

[@stevesyverson8625]

Keep on rockin’ SSS. You are the most intelligent voice crying out in the universe! Con sin dupta.

[@SuperIcekool]

Coined money was invent by King Croesus in Lydia (modern day Turkey) about 600 bc. Hence, the saying, as rich as Croesus. I think.

[@peacock69mcp]

De-dollarization is more imperative for Arab states than for India or even Europe.

[@ajvideo2712]

Everyone is sick of America's democracy and freedom

[@bitsandbobs4082]

​@@ajvideo2712who you can and cant trade with

[@iansymonds6127]

U.S. dollar is backed by oil. The petro dollar will take some unwinding. However the usa standard of living and overspending is doimg its best to devalue it to zero. So why is strong against all the other currencies?

[@castleknock19]

What about silver

[@austinbar]

BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.

[@SharbyHamilton]

Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.

[@SharbyHamilton]

Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@adiintel1]

Money is just ledger like banks sheets and bitcoin aswell is a dectarilised ledger with out a leader.

[@loug2414]

Tarrifs without the FED will work.

[@aucourant9998]

Excellent conversation. Thank you.

[@davidgray3321]

How on earth do we know what Russian debt is?

[@wvhaugen]

The podcast was interesting unti 31:00 when both analysts gave credence to the Laffer curve, which has about as much credibility as trickle down economics.

[@ssuwandi3240]

Thanks and with due respect Alasdair is wrong. He's too fixated that the hedge in commodity is gold. Then he's also skipping the fiscal reform

[@dillonsawyer9377]

That was a great discussion. Knowledgeable along with two people not talking over each other😊

[@cnaz8709]

Rare amazing nuggets of gold from two wise gentlemen. Thank for this video.

[@user-so2kz5hq5w]

A lovely long chat between gold salesmen.

[@solturnersmith]

And.... The important aspect is what they said, which was bang on..

[@carlyndolphin]

Gold did nothing between 1975 and 2005. In fact it lost value in real terms. Historically, stocks have outperformed gold.

[@sherilynn101]

“The great unwashed” = the general public. lol. Always love British (Scottish) humour. Fascinating listen. Thank you, gents!

[@bitsandbobs4082]

Food in the states getting more expensive why? Thats very interesting.

[@MrManny075]

Use common sense you understand why, it's not that food is getting expensive it's that the dollar is losing its purchasing power, meaning devalued, the more they print the more they devalue the currency, Gold is still the same Gold one ounce of gold is still is the sill the same what change is you need more dollar to buy the same ounce of gold that what inflation does, look at zimbabwe or Venezuela they have lot of cash but they are worthless they need so much to buy so little, now do you get it?

[@whdndrn]

Past performance is no guarantee of future results

[@wolfgangsprenger3700]

Tut Anch Ammon will go on shining when we're all long gone. But when we want to fly to Egypt we'll have to pay in 💷, 💵 or 💶. Please don't forget that.

[@harism2001]

Russia ❤ Brics ❤

[@RB-kg6kz]

Everything material is basically as old as the universe

[@samahdy]

I was hoping someone would point that out. Mr Macleod is great but being retired from a very technical career, that comment kinda went klunk.

[@redwine2664]

How and why Gold got value and who created that value?

[@MrManny075]

The Gold didn't do anything it's still the same ounce that was yesterday, last week or last month what happened is the Dollar lost its value because you need more dollars to buy the same ounce of Gold, he said in the 70s Gold was 35 Dollars one ounce, now is 2700 the same ounce of gold,

[@redwine2664]

@@MrManny075 I meant where and who gave it a value in terms of ancient time? Did the Gods, outer worldly presence defined it? Who?

[@charnockvideo]

An interesting and informative discussion, thanks.

[@wolfgangsprenger3700]

Maybe gold is going to play an important rôle in the future. Unfortunately we'll all be dead by then.

[@charleswilson8038]

BIS WILL NEVER ALLOW GOLD TO OVERTAKE THE DOLLAR.

[@williamwallis6915]

Is the expert wearing a real Gold tie , ??? Lol i would

[@frozbiggins]

If the gold you own is paper gold then you have yourself some very expensive toilet paper.

[@carlyndolphin]

I own spot gold. Also own global stocks. Personally I prefer the latter

[@jisskk28]

Silver was money before gold

[@ibrahimvestin1901]

Is it true that the one million tons of gold hoarded by Hitler from the Jews and by Yamashita from the Chinese is just tungsten?

[@bmckinnon111]

Gold is God’s money

[@wind.del.change]

you dont buy gold. you are blessed with it.

[@stephenpack2202]

Gold is man made money from. Nature.

[@gregfridholm2136]

Gold is God's pavement. Revelation 21:21

[@johnboettger864]

And fiat is what you use at the market, gasoline, mortgage payment, power payment, restaurants, bla, bla bla........

[@johnnew7707]

Oh how right you are sir...but did you ever stop to wonder why? We mined it for our creators, the Annuncky

[@mrdavidlopan]

Alasdair always reminds me of Roger Moore...

[@scbenna]

Haggai 2:8-9 New King James Version 8 ‘The silver is Mine, and the gold is Mine,’ says the Lord of hosts. 9 ‘The glory of this latter [a]temple shall be greater than the former,’ says the Lord of hosts. ‘And in this place I will give peace,’ says the Lord of hosts.”

[@James-n5g1v]

Presious

[@ArtemisiaFlenaugh]

You're doing a fantastic job! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

[@honker3282]

While the Laffer Curve is true by definition ( 0% and 100% tax rates both yield zero tax revenue) nobody has yet produced a coherent explanation of the shape of the graph curve. As a tool of policy therefore, it is of little use. Economics 101

[@aimedia9020]

First time I've heard Dominic Frisby and I didn't fall on the floor laughing. Great stuff.

[@mrvaticanrag3946]

Re Sumer history of seasonal credit, economics and gold chase up Michael Hudson's books & KZbins - also Jubilee debt write off..♡

[@almirhodzic2667]

There is not such a physical amount gold of the every country in the world goes for 100% gold

[@DoubleTrouble-z4j]

False. It is just a question of setting the gold price to the required value

[@michaeljohnscott7989]

Other options Bitcoin Ethereum Solana Chainlink Bonk 😊

[@emilymusgrave1525]

So why is Africa lauded with gold - why isn’t there abundance of gold in Europe- make it make sense - this story and scenario is confusing.

[@martinleepgg]

A Very much on point realistic discussion of position of fact.

[@wolfgangsprenger3700]

Dear Alasdair, you may buy gold and all the rest of it. But the winners of WW III woun't be able to use your gold, even if they find it: It will still be too radioactive...

[@zzebowa]

What the hell does a comedian know about economics?

[@Applepie409]

He knows what someonelse has written.

[@stevebeaufils9566]

by leaving members of family as collateral

[@civilguardk9llc551]

Since 1971 credit (debt) has exponentially grown. Gold is real value. At almost $2,800 isn't there a direct correlation to the world's massive debt bubble? Has it really disconnected from fiat paper currency?

[@rbhpictures3223]

Sure carry around 10 gold coins and pay for anything in front of people. Think u will make it home, especially in some neighborhoods. No u will want paper or plastic. Dare you

[@carlyndolphin]

Gold did nothing between 1975 and 2005. It lost value in real terms

[@civilguardk9llc551]

Maybe so. But this is now. Purchasing power now has realized a much greater loss than just after the gold standard prior 1970's.

[@carlyndolphin]

@ There has always been inflation. People earn more now than they did previously. Everything doubles every 24 years approximately.

[@ryanb1444]

Silver hasn’t

[@StefanOsfit]

Money and credit