“The most important thing is that technology evolves, but people don't. That's the biggest lesson of history—humans don't change.” – Simon Mikhailovich

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Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/25.

Chapters

(00:00:00) – Introduction

(00:01:32 – Simon’s thoughts on gold’s role in the current financial market

(00:08:37– Why gold is important at this moment in time

(00:15:48 – Cycles of financial euphoria

(00:20:33 – The three ways to get out of debt

(00:26:31 – Why holding physical gold is different and better than savings in other forms

(00:32:12 – Gold is the ultimate insurance for bad financial outcomes

(00:38:42 – Gold vs. other precious metals, and how gold is nature’s Bitcoin

(00:46:42 – Gold has no impairment risk or counterparty risk, and making money vs. preserving wealth

(00:59:01 – How Simon has maintained an outlier point of view over time

About Bullion Reserve.

The Bullion Reserve enables investors to hold physical gold in secure locations all around the world. 

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