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.

Igniting Minneapolis

March 5, 2026 • John Robb

Ever since the re-election of Trump, the blue tribe has been searching for another event it could use to repeat its success with BLM. They thought they had finally found it with ICE (its enforcement actions produce numerous excesses it could exploit).

China, Chokepoints and Gold

March 5, 2026 • Addison Wiggin

In normal times, the Chinese operate a quota system for refined product exports; this week, the throttle tightened. And even though they are Asia’s third-largest exporters of “energy,” the country still draws close to half its imported crude from the Gulf, including nearly all Iranian shipments.

Out Come The Private Credit Cockroaches

March 5, 2026 • Addison Wiggin

Back in October 2025, following the collapse of firms like First Brands and Tricolor, JPMorgan CEO Jamie Dimon warned of hidden risks in the $3 trillion private credit market. “When you see one cockroach, there are probably more,” Dimon said, suggesting that further defaults and “garbage lending” issues will likely emerge.

The AI Middle

March 4, 2026 • John Robb

Given our country’s history, a new middle based on proprietary autonomous AIs would generate a level of prosperity, dynamism, and societal success an order of magnitude greater than any AI-enabled socioeconomic system without it. Decentralized economic superempowerment would also serve as a bulwark against a slide into the long night of AI-enabled tyranny. So, what do we need to do to make it inevitable rather than a possibility?