It’s my pleasure to sit down with with the man who “gold pilled” me back in the day with his book, The Collapse of the Dollar.
James Turk, founder of GoldMoney, has spent five decades working in banking, finance and investments, making the case that gold is not an investment or another commodity, but money in its purest form. We discuss why he believes the US can no longer repeat the Volcker rescue of the 1980s, the relationship between sound money and liberty, and why he expects gold eventually to return to the centre of global commerce as technology changes the way money moves.
James’ latest book is Money and Liberty and you can find his IEA paper here.
This interview was brought to you by The Pure Gold Company
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.
You can either watch the interview above or listen via your favourite podcasting app.
And, in case you missed it, here is this week’s commentary.
Silver’s Brutal Reversal, and the Mine I’m Betting On
After an extraordinary run which started in 2022 below US$20/oz and ended in January this year at US$122, silver has been working its way downwards. We have had a correction of almost 50%. Today we’re at $58/oz having been as low as $55 in July. We are almost certainly going to go back and retest that low, I would say, and silver is very much in a downtrend.
Thank you for being a subscriber to the Flying Frisby.
Until next time,
Dominic
