The Endgame for Fiat? Currency, Credit, and the Case for Gold

November 3, 2024 • 47 second read

I am travelling this weekend so today’s thought piece is a conversation, which Mining Network recorded last week week between veteran gold guru, Alasdair Macleod, and myself.

It’s heavyweight goldbug stuff. I hope you enjoy it.

You can watch it below, but I have also ripped the audio so you have the option to listen to that if you prefer to escape the clutch of your screens.

If you are thinking of buying gold to protect yourself in these uncertain times, I recommend The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, US, Canada and Europe or you can store your gold with them. More here.

I’ll be MCing this year’s Moneyweek Summit this coming Friday November 8th. Readers of the Flying Frisby can get a 20% discount by entering the code FRISBY20

And if you are interested in hearing more from Alasdair, he has a Substack too.

Beneath the Surface

The Endgame for Fiat? Currency, Credit, and the Case for Gold

Dominic Frisby

November 3, 2024 • 47 second read

fiat currencies gold

I am travelling this weekend so today’s thought piece is a conversation, which Mining Network recorded last week week between veteran gold guru, Alasdair Macleod, and myself.

It’s heavyweight goldbug stuff. I hope you enjoy it.

You can watch it below, but I have also ripped the audio so you have the option to listen to that if you prefer to escape the clutch of your screens.

I’ll be MCing this year’s Moneyweek Summit this coming Friday November 8th. Readers of the Flying Frisby can get a 20% discount by entering the code FRISBY20

And if you are interested in hearing more from Alasdair, he has a Substack too.

A Masterclass In Absurdity

November 6, 2025 • Lau Vegys

If you’re from New York—or know anyone there—you’ll probably agree: most New Yorkers are fed up with crime, the outrageous cost of living, government incompetence and corruption—and, yes, the rats.

But the fact that a hard-core socialist like Mamdani is their favorite pick to solve those problems tells you that most voters have no idea why any of it is happening.

Their hatred of Donald Trump—and a steady diet of MSNBC—has made them blind to the obvious: it’s the Left’s policies creating these problems. You have rent control shrinking supply by forcing landlords to pull units from the market, union giveaways jacking up the cost of transportation, zero-bail laws putting criminals back on the streets, and so on and so forth.

The Price of Everything, the Value of Nothing

November 6, 2025 • Addison Wiggin

Markets are having themselves a moody little week.

The Dow’s off 1%, the S&P 500’s down 2%, and the Nasdaq — where the AI darlings dance — has stumbled nearly 4%.

Even the refuge assets are catching cold: gold glitters less, and bitcoin, ever the high-strung teenager of finance, is down nearly 8%.

At the moment, traders aren’t sure what to make of it all.

Trump’s tariffs are under review at the Supreme Court, Zohran Mamdani’s socialist experiment is about to begin in New York City, and the AI trade — Wall Street’s favorite bedtime story — is between plot twists.

The Price of Everything, the Value of Nothing

Socialism Seems Cool, Let’s Try It

November 6, 2025 • Addison Wiggin

It isn’t hard to see why young people are looking for an alternative.

This cohort came of age through financial crises, inflation, a pandemic, trillion-dollar federal debts, chronic political deceit, a rough job market, predatory credit, expensive degrees with dubious ROI, and rents that make homeownership a punchline.

The status quo clearly isn’t working for the young. In that vacuum, socialism seems “cool,” so why not try it?

Harry Dent: America’s Demographic Time Bomb

November 5, 2025 • Andrew Packer

Decline will be felt by the economy on a lag and could be what ends up torpedoing his second term, along with his tariffs and the greatest bubble in history way overdue to burst in the next few years.

I objectively expect the music to stop while Trump is still in office, and no president gets re-elected in a bad economy (or his VP Vance), and this should be the worst since 1930-33.

If this decline had occurred right after he entered office, he wouldn’t have been blamed for it, or not as much. But after a full year+ and his tariffs appearing as a trigger, he will very much end up being blamed.

Harry Dent: America’s Demographic Time Bomb

A Masterclass In Absurdity

November 6, 2025 • Lau Vegys

But the fact that a hard-core socialist like Mamdani is their favorite pick to solve those problems tells you that most voters have no idea why any of it is happening.

The Price of Everything, the Value of Nothing

November 6, 2025 • Addison Wiggin

Markets are having themselves a moody little week.

The Dow’s off 1%, the S&P 500’s down 2%, and the Nasdaq — where the AI darlings dance — has stumbled nearly 4%.

Even the refuge assets are catching cold: gold glitters less, and bitcoin, ever the high-strung teenager of finance, is down nearly 8%.

At the moment, traders aren’t sure what to make of it all.

Socialism Seems Cool, Let’s Try It

November 6, 2025 • Addison Wiggin

It isn’t hard to see why young people are looking for an alternative.

The status quo clearly isn’t working for the young. In that vacuum, socialism seems “cool,” so why not try it?

Harry Dent: America’s Demographic Time Bomb

November 5, 2025 • Andrew Packer

I objectively expect the music to stop while Trump is still in office, and no president gets re-elected in a bad economy (or his VP Vance), and this should be the worst since 1930-33.