Comments
-
CTGold markets are heavily manipulated and the most centralized of them all, even excluding central banks. Bitcoin/BTC is the safest bet for the next decade. Gold won't go the way of Nokia and Kodak but it's going to lose A LOT of its cap to BTC in 10 years - in the same way it lost the past ten. Bitcoin is up 83,331.79% since gold topped out at $1800 seven years ago. What's it like hodling a -20% gold bag for seven years? Shorting BTC won't come cheap.
-
SBAmazing videos but the media player needs slight improvement to make the experience perfect, you can easily put a dragging bar at the bottom so people can move back and forth in the program in addition to current features
-
JHI agree with many others who discuss the quality content. My struggle is with the desire to allocation some investment to physical gold and the practical realities of storage. Does anyone here have any recommendations of all inclusive solutions for purchasing, delivery and storage of physical gold outside of the US? Has anyone heard of spgmx.com? I have been evaluating them but it does not seem like they have been active on a marketing front since around 2016. Comments welcome Best,
-
TWGold is and was never a currency. Money has three properties 1) Medium of Exchange, 2) Storage of Value, 3) Unit of Accounts. A currency is only a currency if it is endorsed by the state, which has to agree to accept the currency as payment for taxes. In doing so, it is able to establish the units of gold needed to satisfy tax liability. In short, the idea that money is independent from government has been and will forever be a fantasy. Remember the gold standard fell out of favor when the U.K. decided to drop out of it in order to depreciate currency and repay war debts through exports.
-
MSYou should never get rich with gold, rather it should be the inverse of purchasing power. So it just keeps you at par. I own gold, going to own a lot more. This was very useful.
-
RBbitcoin is the new gold.
-
VSAhhh, novel presentation of why gold using the periodic table. But it assumes that you're to only use elements as materials and not compound. The gold we use isn't pure element form gold either. It has copper in it in minute quantity for strength.
-
dmGold buggery is the will to power of the master/aristocratic classes
-
GAIt says episode 1 of 2. When is part two out?
-
DKPotentially stupid question and maybe I should do some research on monetary policy history before asking but I don't really understand why we came off the gold standard in 1971? I understand the US broke the Bretton Woods agreement "to help pay for the Vietnam war," but if that's the case, how did we "pay" for the previous two World Wars? Also, does anyone have any good charts comparing gold price, US Dollar price, money printing, etc.? Thanks for any clarification! Dylan
-
V!Gold standard ends in '71. The US national debt started to rise exponentially in early 70's and early 80's for US equities. Coincidence? RV should show these charts in next episode. Will definitely watch again.
-
RYBest - Rick Rule completely straight-faced punchlines.
-
JJAnd kobe Bryant won an Oscar and this didn't?
-
RFExcellent Grant et al. Fascinating !
-
JSFantastic !
-
EVHoly shit!
-
JCsuch an amazing video
-
Svexcellent
-
SSSimply amazing video, Grant. Beautifully done.
-
CNgreat vdo
-
TDOh yes. That is was I subscribed for.
-
DDMy goodness, where else could we get such quality content. Can't wait for the next episode from Grant "Goldfinger" Williams! I'm so envious of the cool places he gets to visit. Also, thanks to all the hard working people in the credits at the end that made this a special piece.
-
dmGrant's The Man! Another great interview by Grant! Agreed, another viewer mentioned why Mike Maloney wasn't interviewed. And, almost no exploration on the pivotal point when gold was taken off the gold standard by Nixon. A great episode and just makes you look forward to more!
-
MSThat was great! That's proper RVTV..... none of this Dee Smith BS.
-
SDA great job done by Grant, beuatifully put together. For science nerds I include this 'amazing but true' bit of sciecne. Whilst the carbon and oxygen atoms that make up organic life, are likely the result of supernova; gold it seems is the sole product of extremely rare neutron star collisions billions of years ago. All that gold is interstellar stuff. https://www.popsci.com/neutron-star-gold
-
RPRick Rule “gold is a payment rather than a promise to pay, where as most money is a promise to pay rather than a payment” .... Rick is a savage. Grant you might be up for a golden globe after this bud
-
KBAnother solid piece from Real Vision!!
-
ILVery interesting (and very professionally produced). Really looking forward to rest of series
-
WMOutstanding! I look forward to the next installment. You should do series on the evolution of fiat money....
-
PUThank you Grant! We must each draw our own conclusions, but the implications are profound.
-
RHThis is excellent.
-
FCExcellent......
-
RAJust an excellent high quality Production Grant. Very well shot and edited compilation, synthesis, or summary of the subject covered. Interestingly, and what some may not realize, is the Gravitas in the industry enjoyed by the Gentleman you had speak. A lineup of true heavyweights with regard to their expertise, reputation and in some cases, their Financial Net Worth. Quite a Rolodex you’ve acquired over the years my good fellow.
-
mlExcellent presentation. Looking forward to part 2.
-
Svquality production
-
JMI knew all of this and it was still fun. Great for broad release to all of the people of the Western world.
-
DLBuy, accumulate, and HODL all the gold. Been doing it for 10 years and I won't stop doing it. One day I'm going to buy a Ferrari with 1oz, and Condo for 2oz, thank you and good night. Favorite video yet Grant! Absolutely loved it!!!
-
PSThe laziness of just 'buying the ETF' blows my mind in gold investing Some awful companies take up significant space in the GDX for example - ones whose capital allocation has been so poor you would be better off just owning the metal.
-
SSSimply brilliant, Grant. Truly informative, captivating, enlightening, and insightful. Highlighting the historical and rational context of gold's usage is extraordinarily important, particularly at this point in time.
-
AGGold is not money. It's an asset. Paper money depends on consensus, people have to agree to accept it. Gold is an asset that people want. People have wanted it for 1000s of years. So it will only lose it's value if people stop wanting it (or some incredible supply comes to market). But after this long history of people wanting gold I think the odds are people will continue to want gold, so it will have value. There are other things people want but they are not as durable or portable or rare. 100 years from now will people want gold? Probably unless technology makes it common.
-
AGGold is not money. It's an asset. Paper money depends on consensus, people have to agree to accept it. Gold is an asset that people want. People have wanted it for 1000s of years. So it will only lose it's value if people stop wanting it (or some incredible supply comes to market). But after this long history of people wanting gold I think the odds are people will continue to want gold, so it will have value. There are other things people want but they are not as durable or portable or rare. 100 years from now will people want gold? Probably unless technology makes it common.
-
ZHOutstanding. I love real vision, keep up the great work, huge fan of all the guys in that piece.
-
RJFantastic! Can’t wait for the next episode. For anyone who has not seen Mike Maloney’s series called “Hidden Secrets of Money”, start with Episode 1. Its also a very nice, historical account of golds
-
DCImpressive documentary - just a small nitpick - The Incas referred to gold as the sweat (not tears) of the sun - Silver was the tears of the moon.
-
RNSince manipulation is to be covered in Part II, I hope you can include analysis of the CFTC statement on precious metals market manipulation: http://www.cftc.gov/PressRoom/PressReleases/pr7681-18#PrRoWMBL
-
JDOne of your best productions to date. Bravo!
-
ASI don't consider myself a Gold-Bug but that was fascinating to watch
-
IPso if someone owns physical gold and you are not a billionaire where do you keep it if you advise to not keep it in a bank? I looked up gold vault Alps, the name and location is secret, seems you have to have the right friends to go about it
-
JWI'm ambivalent about pieces like this, and gave it a thumbs-down. While it's excellent and interesting, to me it's in the category of infotainment - and it doesn't contribute at all to investment analysis or decision making (and I found the prior series "World on the Brink" both tedious and useless) With 3 vids coming out per week and great interviews such as those from Jim Grant coming in, perhaps I should consider it as value-added - but not if it's being done at the expense of more useful projects. With all of the other great podcasts being produced out there - Grantham on Wealth Track this weekend, Chris Cole on Macrovoices, Peter Bookvar and Yra Harris on FPA, new excellent pieces from Anne Stevenson-Yang, a great 2018 primer from Doubleline, outstanding daily and weekly content on Bloomberg (including Ritzholt's "Masters in Business", etc., Real Vision has been progressively moving down my daily and weekly priority list.
-
TBjust started to watch; the background music often is too loud, makes it hard to understand the voice/speaker.
-
MLFantastic piece! Excellent job RealVision team! I plan to re-watch it with the wife tonight...could RealVision and Chill become a thing?
-
SSPlease please please put this video on YouTube.
-
CCWhen...when will gold (and silver) reprice????
-
SGThis was a fantastic assemblage of people and places. Well Done! This is an extraordinary documentary. I'm looking forward to the next episode.
-
ASMr. Williams, I see you keep your hands at your back when in the Alps vault; concerned the temptation would be too great?
-
LABeautifully done & informative. Looking forward to Part II!
-
JTNicely done. However, I think more should have been said on silver, which has actually been used much more than gold as money, in daily transactions, over the centuries. I was also surprised that Mike Maloney, who does an excellent job of explaining why gold and silver are money, wasn't interviewed. Overall though, very informative.
-
DMFascinating examination of mining and refining, with excellent production to boot. Thanks for this!
-
GCgo nuclear, fighting this, even more so than with current Cryptos like BTC, Etherium. I think Grant will endorse this idea...will see!
-
GCwho agree to put there gold in the Kinesis (name of crypto coin) vault for backup. Hopefully they will use the hashgraph consensus algo to validate and disperse this yield for holding gold. Banks will
-
GCto encourage its use as a transaction currency as opposed to a holding asset. The transaction fee is shared by crypto holder, the admin cost for transaction, and to large gold holders
-
TSGreat work from the RV team - again. Thanks :)
-
GCBoth the Perth Mint and Tom Coughlin/Andrew Maguire are developing separate CryptoGold backed currencies. The Coughlin developed coin has a Capital One like cash back feature
-
MTBeautiful work, really top quality documentary. Well done!
-
PUI wonder what is going on in the minds of the few people who voted thumbs down on this. Would any of you care to elaborate? On balance, how could this not be rated thumbs up by all viewers? WTF
-
JVFascinating. Great job Grant and Co
-
DHImpressive piece.
-
ELsimply brilliant.
-
DSMost enjoyable! There is one caveat that I would like to see addressed. The tail risk for gold/silver, miners, ETFs, physical, etc. It would be interesting to hear interviewers discussing the percentage of gold/silver that they have in their portfolios and in what instruments. Canada sold half its small gold reserves in 2016/2017. Cypress was forced to sell gold from reserves in its banking crisis. Greece has about $6 billion in gold reserves. Will they be forced to sell before they can get a debt haircut? In the short run, we are always dealing with supply/demand and risk. DLS
-
CDFabulous job!! Grant love your series of interviews! Keep up the great work!!!!
-
RTWith enough gold in the earth's core to cover the planet in 13 inches of the stuff I know what Elon's next project will be... (right after the first settlement on Mars of course).
-
SSAmazing.
-
RMFrigging swiss vaults of gold, full of the takings of the greedy and the dodgy and shady (I have swiss heritage and am not proud of this sort of whoring). And rick rule talking of protecting his wealth from the depradations of society is off. What about the inequity of ever having such wealth. Come the revolution, I am all for society coming after that gold in full force. Anyone who is rich and without Buffett and Gate's attitude of giving back is ultimately living in fantasy land. Always wanting to feel safe and secure, to a pathological extent.
-
ACIs it just luck that gold looks great as jewellery as well as being chemically stable to be a long term store of value? Did they South Americans (Incas /Aztecs) just like the look? How much of the allure of gold is just the emotion society has built it into? How did these ideas ultimately shape the way the world see gold today? Ask any man on the street if they want to see and touch a gold bar and he will give a resounding "absolutely", even if he doesn't understand the fiat currency system. Hopefully some comment on these in Part 2?
-
GMThat was great. Please get Ross Beaty on for a full hour. Lets hear his stories. Gold is the only asset in the world immune from inflation. The hidden and worst tax of all.
-
GBAside from some nuggets from Rick Rule, Brent Cooke, & Ross Beatty nothing anyone with a library card hasn't been able to surmise.
-
PTAbsolutely great stuff! This should be shown to 1st graders due to killer graphics and story board.
-
DSThe debasement of the dollar was made possible by eliminating the gold standard in the United States. It also eliminated the US government from pegging the dollar/gold rate incorrectly - which I am sure it would do repeatedly. Any country that allows its citizens to buy and hold gold - domestic or foreign - is on a gold standard, just not pegged to its currency. Just protect the free market in gold and your gold holdings! You are establishing your own gold standard. Nothing will stop the governments from printing money and gold will increase in value. DLS
-
ACFantastic video. Just a point of discussion, Gold is a store of value and has been for thousands of years. I understand Buffet's thinking; at what point do you stop growing your wealth, and start saving it? Thousands of years is a long time, particularly when I only live for 80 or 90. Over this time frame, Gold fluctuates wildly, 400- 500% up or 70, 80, 90% down. And this is against that hot-dog example that Grant used in a previous presentation. Or 1oz buys 260 cups of coffee at $1300 or 200 at $1000 per ounce. That's a big difference for a storage of value. (full disclosure, I have my own bars as well as gold mining stocks).
-
AZvery fascinating. Great work RV guys. The whole family sat and watched, and can't wait for Ep2.
-
PBLegendary job! Thanks a lot!
-
TSThis is an f-ing amazing piece of work. As a gold bug the episode resonated with me and I was fascinated by the storyline as well as the superb audio and video style. Guests were articulate and Grant, as always, a trustworthy host. RealVision - coming soon to a television channel near you?
-
SJExcellent, nothing more needs to said.
-
GFGreat video! Looking forward to the 2nd part!
-
JBTerrific production, great job.
-
TSThis episode just made me a lifetime subscriber to RVTV! Cant wait for part 2.
-
KBThe one person who still needs to be interviewed by RV on precious metals, natural resources, and the economy is Eric Sprott.
-
GTThis is weird Grant. Just bought some EXK on Monday (for the first time in my life) and then you bring out this fab video of its history. Spooky. Wonder what Mark Carney, Mario, Janet and the rest of the good lads will have to say in Episode 2 . Some patronising comment because I don't have a PhD in Economics. Thank F*** for RV.
-
MNReally nice production. I'm in awe of the amount of experts they interviewed in part 1, and from the backgrounds you could tell these are new interviews, not clippings from old interviews. Makes me wonder whether each interview will also be used as a piece of content for upcoming RV videos. I guess Ross Beaty will not be a full-size interview considering the background noise.
-
AFThx for a very Special Documentary Grant and The Team. Can't wait for the next one.
-
HAAmazing video and full of insights
-
JZThis is 10/10 production
-
CWExcellent work Grant and team, I'm really enjoying the documentaries, keep em coming. Some beautiful footage of Vancouver too, my home town. Crown mountain at the 33:00 min mark, I've stood on that very spot.
-
CSWho wrote and produced the music for the documentary? And, ought gold be a medium of exchange?
-
JNBravo Grant 👏 An excellent timeless insight into the wonderful world of gold. In due course this brilliantdocumentary should be shared widely to educate , inform & inspire millions around the world.
-
SSBeautifully made documentary - thanks!
-
GMI've never been too enamoured of gold. This outstanding documentary has given me an appreciation for the "barbarous relic". In a world where cryptocurrencies are just something someone made up, I can respect the longevity and reality of gold. I look forward to part 2!
-
JCGrant Williams is the new gold standard. What strings did he have to pull to get into that Swiss vault. Great production. Keep 'em coming, Grant!
-
GOGrant, Best series yet. You and Real Vision are going forward like no other. There is nowhere on this planet with a documentary series of this quality. Thank you!
-
JMGreat video Grant. BTW I believe that astronomers have recently confirmed that most gold and other heavy metals were formed through the merger of neutron stars - that certainly adds to gold's mystique!
-
WSStupendous. Grant Williams at the apex of his game, and with arguably the most important topic to be thoroughly understood by *everyone* at this critical juncture of human economic/monetary history.
-
JDWell done guys. I hope you are proud of this. I am looking forward to the next episode keenly. Cheers John.
-
PMOnce again both content (substance) and production values (form) were excellent. A very well produced and informative interview. And yes, I would love to have a way to share this with family members.
-
TTDon't comment often but....what a fantastic piece of financial journalism!
-
WEGrant - Like JH comments below I too have incorporated gold into my personal portfolio using both physical as that long-term store of value and good stocks to gain leverage regarding fiat, and the lon
-
JHVery interesting and enjoyable. And loved the cinematography in this one - beautifully shot as well!
-
JHMaybe I'm suffering from confirmation bias but that was great. I was totally against gold a la WB until I found RV and especially Grant a couple of years ago. Thank you for changing my mind.
-
JHLove everything about this. Appreciate being a subscriber to get the inside track, but hope this piece goes out to the world. Also, that's one heck of a vault.
-
FCBrilliant content and even more brilliant production quality. Great job Grant!
-
MCReally enjoyed this; you covereed a lot of ground without losing too much substance. My one criticism would be that there were a few instances where the background music overpowered the diction
-
SSfantastic stuff! - nature's money.
-
BMWonderful again. Grant is firing on all cylinders in this series. And I agree, this series should be on You Tube at some point, if possible.
-
SHSuperb, I'll be showing this to my daughter when she's old enough to comprehend. Maybe it'll help to explain why I choose Gold for my savings and her inheritance...
-
TBLove this.
-
TJBrilliant. I loved it. I cant wait until Part Two and presumably the evidence from the likes of Dmitri Speck and Andrew McGuire of the manipulation of the price via the Comex and LBMA by the bullion banks, often in collusion with the Fed to ensure price suppression.
-
SSVery well done! This video confirms that learning is a life-long process. Grant just has a way a making these productions come together, so thank you and everyone at RV.
-
WMWonderfull primer; looking forward to Part 2. Had to laugh at Bernanke saying gold is not money, as if he really believes that.
-
MPBeautifully presented. Impressive line up of experts. Loved the periodic table demonstration. Mark
-
VSVery well done
-
JcGreat insight. Great production.
-
JSSplendid
-
KBThe bit about the mining techniques where Grant discusses the invention of high pressure water blasting away rock and soil in the 19th century can be dated back further. The Romans used this technique to mine gold in Spain and in the process created an absolutely bizarre landscape https://en.wikipedia.org/wiki/Las_M%C3%A9dulas
-
JLAnother epic production. I had no idea what a storage vault involved. Now I that I know how much people will do and pay to preserve and protect their gold it makes me wonder why gold isn't $5000. The storage feature alone brings home the value argument for gold and how rare/precious it is. Some of the history was equally interesting.
-
RETop notch
-
ELThank you Grant. Exceedingly well done in every manner possible. And thank you for covering gold so thoroughly for us.
-
IOWhere is Josh Crumb? His 'Gold is only element resists entropy' stuck with me.
-
ELCouldn't you make the argument that the USD right now is backed up by petro? Hence the term petrodollar? Although, still doesn't eliminate the issue of CB backed money printing...
-
RMFascinating Grant! Really liked your selection of interview subjects (all very knowledgeable in this space) and quality of discussion. Definitely looking forward to part 2!
-
RSInteresting