Alasdair laughed because he was put on a spot by the first question. He wrote a substack article that contained the answer behind a paywall and here he must devulge the big secret. Well done Patrick, well done Alasdair.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

_'It's not that they are buying gold. They are selling dollars.'_

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

@jobob47

Ай бұрын

a quote of the Month.

@wolfgangwust5883

Ай бұрын

Beautiful.

If you have a wheelbarrow full of German marks to buy bread, and someone steals the wheelbarrow and leaves the marks on the ground, what is the inflation rate?

@johncox5839

Ай бұрын

If there’s skid marks, it’s not inflated it’s deflated 👀 😂

@richardpeychers4076

Ай бұрын

Deflated,, how'd you feel if someone flogged ya Barra.

@vincentyeo88

Ай бұрын

Scrapmetal dealers are having a field day. 🙃🤣

@johannakamstra-schickendan7380

Ай бұрын

😂😂😂😂😂it was the only thing that had value.

@hengleekai7788

Ай бұрын

No people care to recycles paper?

Great hearing from you Alistair & receiving your insights.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Objective value and Subjective value are the two most important concepts to understand to open the door to understanding why gold….and silver , need to underpin one’s wealth portfolio in the times in which we now live. Fiat Currency is ephemeral and we are now in the closing act of this monetary adventure. The price of gold in US dollars is now irrelevant. It is helpful to no longer think of gold in terms of $. Simply think in terms of oz’s. It is a challenging concept to contemplate, but it will reward you with a peace of mind that has become elusive of late.

@bradspaugh9827

Ай бұрын

Hello and thank you for your wise advice. Can I ask how many ounces should someone own? Obviously more is better but how does someone know when they have enough vs other investments?

@GWAYGWAY1

Ай бұрын

@@bradspaugh9827 Not a financial advisor, but common sense suggests: * Own your house and vehicles outright. * Pay off any other debts. * Have a large larder. * If any “money” left, buy some land. * Keep a few months’ fiat out of the bank. * Turn most of the rest of the fiat into silver and gold. These are my suggested “investments.” Last one: read “The Great Taking.”

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

@wolfgangwust5883

Ай бұрын

Excellent approach. Just quote all prices in grams of gold, et voilà, inflation disappears.

@simplehumanaction715

Ай бұрын

@@bradspaugh9827 good question…Egon Von Greyerz said it very well when he said you should only invest in gold as much money as you can NOT afford to loose…. But seriously, many people used to say that having 5-15% of their net worth in gold would be a wise level of ‘insurance’ against monetary malfeasance of governments. Today that percentage currently held by individuals is much smaller as the financialization of our markets has led people away from real money (which is gold). But many people are starting to consider acquiring physical gold and silver. Own physical gold and some silver, and keep it very discreetly within your own possession. Just a suggestion…

As always, thank you for your great insights, cheers

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Buy silver with paper while you still can 😊

@MrRyan83

Ай бұрын

Or plastic in Australia

Kudos to Alasdair for his usual astute analysis. He mentioned one of my very favourite "war" movies set in Changi prison, the Malaysian P.O.W. camp located in Singapore. King Rat is a 1965 b+w film with a very strong cast headed by George Segal, Tom Courtenay, and James Fox. Thanks, Patrick, for hosting such excellent guests on SBTV.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Thanks for having Alasdair.

Great guest! Alasdair Macleod is very well informed and pleasurable to listen to. Let's see gold and silver price go to the moon!!😊

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

A silver dime with .0715 ounces (or .0735 ounces originally, since they have degraded) has roughly always bought you a gallon of gasoline.

@curtb.

Ай бұрын

I dunno, a dime is worth 2.10. Gas has inflated way past that per gallon now. May change if silver goes to about $30/oz

@johncox5839

Ай бұрын

@@curtb.I think he’s saying there’s a correction towards the mean that still needs to take place but providing an example you can use to value it compared to another asset

@m4design552

Ай бұрын

I think you mean a quarter? Gas was never 10 cents? Dime would get you a dozen eggs! ;-)

When I lived in Singapore there was a national push to speak “mandarin” You ask about the word for gold and money being the same, or not You are half right 金钱，黄金 They share a character “jīn”

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Was waiting for this, love you both.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Why don’t you divide your video via timestamps?

Fascinating. Thanks. I can see this scenario coming to pass, un-'fortunate'ly

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

An ounce of gold is always an ounce of gold in weight. Gold"s paper value changes because the currency it is measured against is falling.

@lucylovitt9583

Ай бұрын

Or, the FED's plunge protection team are manipulating the market - again

This goes beyond the substack article. Terrific insight into the future importance of BRICS.

Got a 500.000,00 peso note in Argentina in 1976 from my husband to buy a bottle of perfume, bought it got a stack of notes back that only could buy me a cup of coffee. From then on I understood what’s all about money and currency. Great experience.

"A.M. The Man With The Master Plan, Thank You Sir For All You Have Done & Continue To Do!"

Excellent! 👍🏽

According to Macleod's quoted numbers, an ounce of gold would have purchased 33 barrels of oil in the early 1950s. At the present gold price, an ounce will buy 28 barrels. So, priced in gold, oil has risen 20% since then - not declined 30%, as Macleod claims (at time 25:23 in the video). Either way, such changes are within the normal annual fluctuation of the oil price.

What an awesome way to break it down , for the masses ! He teaches in a great way ! WAKE UP AMERICA 🇺🇸

Great video but the timer on the screen drives me crazy

De-dollarization is actively progressing at a rapid pace among BRICS+ countries initially. Soon it would spread to the rest of the world to get rid of their US$ ASAP when they found the US$ was no longer the main medium of exchange and trade settlement among trading nations

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

I saw "King Rat". I hadn't heard of it until last year. It was good.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Thank you, guys. I appreciate all of your info and analysis.

Awesome reference to ‘King Rat’…Great read!

Shorting something doesn’t make it go down.

The name for money in Spanish is plata, which means silver.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

World interest rates were in the order or 15-17% in the early 90's, but then they cam down to what we have enjoyed the last 20 years. We are worried about the tip into hyperinflation now at 10% when things have been far worse in the past. What happened then that cannot happen now? Same Bretton Woods system.

Is that Turner?

I like Alasdair, but his view that gold is not rising seems absurd to me. I get that fiat currencies are falling, but as they do so the demand for gold, and the safety it provides, is rising. This process forces up the real value of gold relative to all things, not just relative to falling fiat currencies, so gold is indeed rising.

@bocain812

Ай бұрын

Gold is money. It is the constant by which others are measured.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

@mothermary3796

Ай бұрын

Golds dollar value has risen, but it has not kept up with inflation. By a wide margin. In real terms, gold is down.

@lucylovitt9583

Ай бұрын

​@@mothermary3796 that only rings true if you cherry pick the measurement dates. Mines done nicely, thank you, and had I have brought in just 4 months earlier then I would be streets ahead..at least 25% above inflation

@HandyAndyG

Ай бұрын

See if you can find a chart that shows the shares outstanding on the biggest gold ETF-GLD-and then tell us that gold is rising because of demand. The demand in the biggest ETF has been shrinking for years, only recently going flat.

even though most think the Fed rate is high it's very low compared to the real rate of interest/inflation which generally means more liquidity or relatively easy money

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Trading economics reported the inflows to US bond sales came from private foreign investors which is interesting.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

❤

Double double toil and trouble, Furnace fire and cauldron bubble

👍👍

"King Rat". Really good movie if you haven't seen it.

I believe that the words for money and gold are also the same in the german language.

@SilverBullion

Ай бұрын

I think in Chinese the word silver and bank are the same

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

@dianasaigoldenage

Ай бұрын

@@SilverBullion Patrick, you are right! I never connect the two before.

Welcome to the daily All-Is-Air never true broadcast.

👑 🐀 💵

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

"A Rising Gold Price Indicates A Failing Currency, It's That Simple!"

Fantastic speech by Alastair, gold is the ultimate money, everything else is credit. To me, the dollars and Yen are worthless currency due to their continued and unlimited printing

Imaging owning Gold for 45 years and now you starting to make a decent profit... What are you going to buy Alasdair Macleod ?

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

@lucylovitt9583

Ай бұрын

Maybe you've missed the whole point?

KING RAT is a great sobriquet for King Dollar.

Thank you❗ 👍 ☝Platinum - A Very Undervalued Metal Gold Platinum ratio 2,53 (XAU/XPT) 🤑 Platinum is scarcer than gold and has historically been considered more precious than its yellow counterpart. 🤔 Only 190 metric tonnes of platinum are mined each year compared to gold’s whopping 3,460 tonnes. To boot, gold is mined all over the world whereas the supply of platinum is concentrated to South Africa, with Russia a distant second. ETF Aberdeen Standard Physical Platinum Shares (PPLT) ETF GraniteShares Platinum Trust (PLTM)

@monetarnie3841

Ай бұрын

Doesn't matter if it's more scarce. Platinum will never have the status of gold. Gold is money and always has been.

@dmitriy131

Ай бұрын

@@monetarnie3841 There are 8 elements currently designated as precious metals. These are; gold, silver, platinum, palladium, iridium, osmium, rhodium and ruthenium. (platinum award or medal is considered to be above gold) 🤔Henry Ford Quote: It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

In other words: dollar meets wall. It's like people are waking up the to the fact that the fiat dollar is pure fantasy, and that simply means that if you have even half a brain, that you need to get out of the fantasy and into the reality, i.e., gold. Alasdair is a really good teacher. BTW, King Rat is a very interesting movie, and a good analogy for the dollar.

Saudis +Barrick Gold = it's time for Barrick Gold.

Short selling, jamie diamond is going to be sam bankman fried on steroids.. "He who sells what isnt hisn, must pay up or go to prisn"

“Objective” is a highly loaded & a vague term. I’d refrain from using it.

Then why is the dollar rising

@lightyplays3390

Ай бұрын

measured in real money which is gold it just lost another 20% of it's value within last month..

@vincentyeo88

Ай бұрын

No cut in interest rates.

@romansasik9087

Ай бұрын

It is rising only relative to other currencies. They are all falling relative to gold.

@johannakamstra-schickendan7380

Ай бұрын

It Will rise to the moon but you can’t in the end buy NOTHING with it.

@alanhamford2538

Ай бұрын

Its falling. Every month you need more & more U$Ds to buy the same ounce of gold.

I bet you they smack gold back under $2,000 so fast people will run for the hills..

@brianb6957

Ай бұрын

How much?

@lucylovitt9583

Ай бұрын

Three days later and holding over 2300.....

Gold isn't doing anything till it hits 20 thousand an ounce.

The US (I live there) is trying to do ALL they can to embarrass themselves and sending granny yoda overseas fits in with that plan perfectly. I'm not making fun of her looks...I'm disgusted by her actions.

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

You can't buy money with money.

Why is there still the 10 am price fix lol your losing your mind

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

les monnaies = 0 donc l or

Alligator has been drinking he misses the point. Gold goes up because of demand the usd is already 0. The professor

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

Too much laughter for a country that sold all of its money (gold)

do we need to send folks to "re-education" camps to learn about gold? LOL

@freedom4all581

Ай бұрын

I blame the people who want to stay in their fugazi bubble. If you want to be a child, and stay in your fairy tale bubble. It is your fault

I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

@SameerKumar-vv7dp

Ай бұрын

How please. Help me I really need to gain my losses back...

@MukeshDodiya-lo2ek

Ай бұрын

It might be beneficial to consult with a financial advisor who can provide personalized guidance on your specific situation

@MukeshDodiya-lo2ek

Ай бұрын

I'm guide by. Jennifer Smith. God bless you ma'am

Gold isn’t winning anything. Gold as a hedge is a myth. Stocks are a much better hedge.

@blackpearlphotos3529

Ай бұрын

Stocks "were" a better hedge. In my view that has now changed

Same old, posh sounding, stuff.