In this far reaching interview i speak to Keith Weiner, CEO and Founder of Monetary Metals about fiat currency and why it is bound to fail. The history of money and credit and the decline of dollar purchasing power Money versus credit and why you need to understand the current issues What the implications are for modern society If people want to take their marbles home what does that look like? Warren Buffet's investment into gold. Do you trust the system as you watch the debt going up exponentially ? Price measured in dollars? In 1913 $1USD was worth 1500 milligrams of gold and now its roughly 16 milligrams. A 100 to1 drop as measured in gold. A quick look at the US property prices from 2008 until today and what the current risks could be. Keith describes "The wealth effect" as like comparing pasteurized processed homogenized cheese food in a spray can as cheese. Where does the purchasing power comes from amid a speculators market? Keith has a unique way of unpacking the global economic challenges in an easy to understand and sometimes one that will challenge your current thinking. Listen to the end as Keith unpacks where we may be heading in todays low interest rate and highly indebted world https://monetary-metals.com/ Follow Keith on twitter @kweiner01 https://monetary-metals.com/investing/gold-fixed-income/ Disclaimer: The content and information (“Content”) in the video programmes (“Video Programmes”) is provided for informational purposes only and not investment advice. You should not construe any such Content, information or other material as legal, tax, investment, financial, or other professional advice nor does any such information constitute a comprehensive or complete statement of the matters discussed. When making investment decisions please make sure to contact your financial advisor and as always do your own research |
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