Topics Include:

In this episode of the gold chronicles, our entire discussion is focused on the common objections to owning gold, and using a gold standard for monetary policy.

*There is not enough gold to support finance and commerce
*The gold supply doesn't grow fast enough to support economic growth
*Gold has no yield
*Gold causes depressions and panics, particularly the great depression
*Gold has no intrinsic value
*Gold is a Barbarous Relic - John Maynard Keynes

EP. 83 The Gold Chronicles: April 2018 podcast with Jim Rickards and Alex Stanczyk

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Topics Include:
*Underlying economic indicators continue to worsen
*Covid19 Update
*USD strength indicators
*USD Index
*Commercial shorts in gold
*Time spans for 3x and 2x gold price in last bull run
*All other currencies had already pushed through the the all time high, USD has only now confirmed
*Global interest rates are some of the lowest in history
*Gold is up 28.9% YTD
*Why many financial advisors are negative about physical gold

EP. 10 Global Perspectives: July, 2020 Interview with Alex Stanczyk and special guest Duncan Cameron

Topics Include:
*Monetary policy normalization has failed
*Fed Balance sheet may grow to as high as $20T
*All frameworks of normalcy in managing monetary policy have been sacrificed
*The economic recovery from the economic crash in early 2020 could take years
*MMT is no longer weird theory and is more likely to be implemented
*There has already been massive inflation in asset prices
*Inflation dynamics and psychology
*The wealth disparity gap is driven by our monetary system
*The effect of increased institutional demand for gold, portfolio allocations
*USD Strength and Brent Johnson’s milkshake
*We are entering a phase where the general public is investing in gold
*$14T of debt is trading at negative yield and why a portion of this can move into gold
*Institutional capital moving into gold could have a substantial impact on
*USD/Gold price
*Satoshi Nakamoto created Bitcoin with a mindset of looking at it as digital gold
*Why recessions are not only important but necessary and healthy
*The Gold/Beer Ratio
*High correlation of beer drinkers to people in the gold industry (this is real science here)
*Ronnie’s projection of $4800 gold by 2030

EP. 9 Global Perspectives: June, 2020 Interview with Alex Stanczyk and special guest Ronnie Stoeferle

Topics Include:
*Covid-19 Stay-At-Home update
*US Unemployment Claims have exceeded 26m over the last 5 weeks
*Why a "V" shaped economic recovery is unlikely
*The first crash (wave down) in equity prices has been the most violent in many years
*If this economic crisis were a baseball game, we would still be in the first inning
*Current equity market rally is likely a "suckers rally"
*Patterns from the last Great Depression include: Destruction of businesses in the middle of the supply chain
*End user prices to rise
*First order producers to fail
*Farmers go bankrupt, lose farms
*Rise and Fall of Empires
*US empire in Decline
*China empire on the rise
*During decline of empires other rising nations test the declining empires strength
*US Warships ordered to open fire on any Iranian vessel coming close to US Vessels
*Why we are on the path to the next worlds reserve currency
*How the coming negotiations for the next currency system will be done by sovereigns, and whoever has the largest stockpiles of physical gold will have the greatest negotiating leverage
*Why central banks shifted from net sales to net buys of physical gold
*How the physical reality of physical markets versus futures markets can diverge during crisis
*How the problem in the oil complex is the opposite of the gold complex - there is not enough storage space for oil, while delivery of gold has been constrained
*Scenario where gold could go no-offer, forcing gap ups in price
*US Energy independance, barring government subsidy, is dependant on an oil price above $35/bbl

EP. 8 Global Perspectives: April, 2020 Interview with Alex Stanczyk and special guest Duncan Cameron

Topics Include:
*Gold transfers into China through Russia
*How the US Dollar is moving towards losing its status as the world reserve currency
*The rise and fall of empires
*Full spectrum warfare
*Why it may not be not possible to accurately estimate China's physical gold reserves
*How policies during the French yyperinflation resembles "Modern Monetary Theory"
*The demonization of free speech that disagrees with other ideologies
*How social conditioning is affecting discussions of inflationary consequences
*How the Federal Reserve embarking on a junk bond buying voyage is reminiscent of the French Hyperinflation
*Unemployment numbers are likely higher than reported
*The Federal Reserve publicly saying they can print an unlimited amount of money pushing people towards a loss of trust in the USD
*Break down of supply chains are being projected to cause shortages in food supply and potential civil unrest
*How the economic consequences of the shutdown over coronavirus may be worse than the effects of the disease itself
*MMT violates basic natural laws and disconnects human from labor, removing all incentive
*Honest money versus fiat

EP. 7 Global Perspectives: April, 2020 Interview with Alex Stanczyk and special guest Duncan Cameron

Topics Include:
*Opening salvos of Global Financial Crisis II (GFCII)
*The entire precious metals complex (gold and silver) has been cleaned out globally
*The best time to act has past, now is the second best time to act
*The global run on precious metals is probably less than 5% of the population, when the majority catches on to damage done to USD the demand could be historic
*Price dis-connect between paper and physical gold price
*How price discovery in the gold market is resolved *What happens when the Swiss refineries open again
*The effect of key relationships with Swiss refineries on access to gold and silver
*Mining output dropping due to mines getting shut down reduces available supply of gold
*US Unemployment Claims hitting record levels, 3.28M claims in one week
*Fed injecting capital into system trying to prevent liquidity freezes (Ice-9)
*Why we are entering the next Great Depression
*In comparison, during "The Great Depression" Dow Jones dropped 89%
*The Great Depression played out over 3 years, we are a third of the way there in 3 weeks
*Consequences of Supply Chain Shutdowns
*Why the US could lose up to 50% of its economic output by the end of the downturn
*The social and political consequences of QEternity *What happens when complex systems collide
*Regarding mass migrations and unrest, watch South Africa and Mexico
*Full Spectrum Warfare - Financial, Biological, Cyber, Social Engineering, Kinetic
*What are the chances we will see kinetic warfare
*Why China could be eyeballing Taiwan during the crisis
*How the Covid-19 numbers out of China are questionable
*CARES Bill - Whats in it
*Whats happens to gold if we see massive deflation (Great Depression II)
*The two ways gold is revalued in a massive deflation
*It took 25 years for US markets to recover from the Great Depression
*Jim: "Be wary of suckers rallies"
*Practical things people can do during this crisis
*Spoiler - Jim's new call on the US Presidential election and how the crisis has changed the probabilities

EP. 83 The Gold Chronicles: April 2018 podcast with Jim Rickards and Alex Stanczyk

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