Gold – Willem Middelkoop

Published on
5 January, 2016
Topic
Financial System, Monetary policy, Gold
Duration
62 minutes
Asset class
Currencies, Commodities

Gold – Willem Middelkoop

Featuring

Willem Middelkoop, founder of the Commodities Discovery Fund, dives into the history of monetary shifts and explores a scenario where the US dollar could be debunked as the global reserve currency. In this compelling interview, Willem discusses the possibility of gold being incorporated back into the monetary system, outlining the knock-on effects and the role of central banks in this scenario.

Published on
5 January, 2016
Topic
Financial System, Monetary policy, Gold
Duration
62 minutes
Asset class
Currencies, Commodities
Rating
7
Sharing

Comments

  • DR

    Daniel R.

    6 3 2018 15:26

    0       0

    Watched again and again. An OPUS on the future of gold, fiat and SDR. Worth a subscription just on this video alone.

  • MB

    Matthias B.

    26 7 2016 19:30

    1       0

    watched the video again, a true gem. i wonder though this: "official" China gold holdings are close to 1800 tons, but the PBOC has access to the gold in SOE and even private households, should they need it. so they are probably already close to the mentioned 6k t. so why wait for the reset? i know from facts that China gobbles up all gold which is refined in South Africa. could it be that the reset might be closer than you think?

  • MB

    Matthias B.

    26 7 2016 19:24

    0       0

    just checked for the NXE price: what a beauty! would have paid a big price for that 30 list

  • JF

    Jonathan F.

    29 2 2016 02:18

    1       0

    Will we get to see that list of 30 companies :)

  • GR

    Guido R.

    3 2 2016 04:23

    0       0

    thus it hollows the economy. Toward the end, Rome no longer produced anything. Everything was imported whilst violence was not only exported but also used at home to tamp down on dissent

  • GR

    Guido R.

    3 2 2016 04:21

    0       0

    thus a gradually increasing dependency of individuals on the state. The Roman empire did indeed blow up due to debasing of the currency. But what that does eventually, is to compromise private propert

  • GR

    Guido R.

    3 2 2016 04:20

    0       0

    use of deficit spending has brought on the same result. Regardless of whether the communists or the fascists or any denomination in between are in power, the result is an erosion of purchasing power

  • GR

    Guido R.

    3 2 2016 04:18

    0       0

    violent dislocation at the economic level and, therefore, the social level. Note in this regard how across the world, regardless of the political stripe of governments, the arbitrary and unilateral

  • GR

    Guido R.

    3 2 2016 04:17

    0       0

    This is therefore a closed monetary system that has an arithmetical end because it is geared towards concentrating profit and title. This is an arithmetical identity and something that guarantees

  • GR

    Guido R.

    3 2 2016 04:16

    0       0

    This monetary system and its management fall outside of the democratic process. Furthermore, from an arithmetical point of view, profit and title must necessarily migrate towards the owner of the curr

  • GR

    Guido R.

    3 2 2016 04:14

    0       0

    temporary use of it. Thus, in making use of this money, we exchange something we own outright for something we do not own and have no control over. Ergo, this monetary system precludes private proper

  • GR

    Guido R.

    3 2 2016 04:12

    0       0

    From a legal point of view, the money in circulation does not become the property of the person exchanging it for his/her labor. Legally, money is the property of the central bank. You an I only have

  • GR

    Guido R.

    3 2 2016 04:10

    0       0

    Absent in your conversation is the concept of private property Grant. If you agree that our skills, ideas and time are our own inalienable property, this monetary and political systems are problematic

  • ET

    Eric T.

    17 1 2016 11:34

    0       0

    I don't have any thing intellectual to add to this discussion except to say that I can't watch this without thinking how much this guy looks like Bill Murray from Ground Hound Day.

  • fg

    flavio g.

    17 1 2016 00:00

    2       0

    Venezuela doesn't need any help to create inflation

  • sp

    shashwat p.

    15 1 2016 05:40

    0       0

    China he talks about just sounds like bureaucracy run wild. If that is how they think, collapse is much more likely than world domination by 2049.

  • NO

    Nicholas O.

    14 1 2016 00:49

    1       0

    Fantastic discussion - thank you. Grant and Willem are you buying gold and silver or only gold? Would it be reasonable to consider that silver is at a lower risk of confiscation with greater upside?

  • ii

    ida i.

    12 1 2016 12:56

    0       0

    on amazon the book is expensive, I found a good price here http://en.aup.nl/books/9789462980273-the-big-reset-revised-edition.html hope it comes out in kindle soon

  • BH

    Ben H.

    12 1 2016 09:45

    1       0

    VERY interesting that if China are being allowed same gold relative to econ that means need add'l 4000tn before we see price allowed to rise? Only 100tn/yr (officially) but 2500tn last yr = long wait

  • DS

    David S.

    11 1 2016 22:46

    0       0

    Great. For me, world financial markets are already THE RESET on the value of currencies, commodities, stocks, bonds, etc. everyday. Adam Smith, et al. Don’t forget politicians created the Euro.

  • CC

    Chris C.

    11 1 2016 17:08

    2       0

    Willem, just to push back on gold being too expensive for the retail guy, thus no confiscation, will companies like Bitgold who enable the average person to buy just $1 of physical, change your view?

  • WM

    Will M.

    10 1 2016 16:50

    0       0

    JS-John 5th Jan
    I believe the book is by James Rickards - "Currency Wars"

  • WM

    Will M.

    10 1 2016 16:36

    1       0

    Superb! In my top 5 interviews. Great questions Grant, clear answers Willem. This is why I pay the small price for RV TV. Strongest argument for key commodity buy in I have seen yet. Logic & sense!

  • CH

    Calvin H.

    10 1 2016 01:56

    2       0

    Definitely in the Top 5 interviews I've seen. I'll order the book. I have read all of Rickards and subcriibe as well - time to re-interview him! His comment on confiscation - the gov. will tax it 90%

  • TS

    Tamara S.

    9 1 2016 22:19

    0       0

    IMHO could have been in section on eco history. Context is so valuable. More discussion of India? China is bigger but India is more stable. Perhaps India will be the new eco power? Loved it.

  • GW

    Grant W.

    8 1 2016 16:42

    0       0

    John G... the map is of London - we filmed the interviews at Mines & Money in London in December

  • JG

    John G.

    8 1 2016 16:30

    1       0

    This was a great interview. This is the second video I've seen with the background map of some city; what city location is being shown on the map?

  • CL

    Chewy L.

    8 1 2016 11:16

    2       0

    how come a few well capitalized funds havent decided to corner the futures market? take delivery of physical gold in order to bring paper gold more in line with physical gold prices?

  • CD

    Colin D.

    8 1 2016 07:36

    5       0

    Thanks to Willem and Grant. Excellent and insightful interview.

  • SL

    Steven L.

    8 1 2016 02:42

    2       0

    I've read some of the same books as Willem. Currency Wars was a standout. I would appreciate more specific suggestions for gold mining companies. The only one I caught was LSG. How about the majors?

  • wm

    willem m.

    7 1 2016 21:17

    4       0

    By revaluating gold towards $4200 or even $8400 gold will become too expensive for most people and gold will be used almost exclusively by central banks. Don't expect confiscation

  • rR

    robert R.

    7 1 2016 15:50

    1       0

    Anthony - great question...I would love to hear Willem's input too. I've been diversifying gold holdings and storage for years but truly do not feel that I'm protected in the event of confiscation.

  • DB

    Dennis B.

    7 1 2016 14:37

    3       0

    Excellent interview. RV is top class. My only concern is that we always hear the same views. Does everyone who believes in Equities and thinks gold is for cavemen work at CNBC or G Sachs?

  • AD

    Anthony D.

    7 1 2016 04:53

    2       0

    A question for Willem. As sovereign powers prepare to reset the price of gold, do you foresee a high chance of confiscation of private stores. How would one guard against it?

  • wm

    willem m.

    6 1 2016 22:19

    8       0

    Thanks for all great feed back ... happy 2016 for all. For me this ia a great start, thanks Grant and Raul!!

  • KA

    Kelly A.

    6 1 2016 15:27

    12       0

    Grant, your knowledge and interest comes thru with your great/insightful 'push back' comments & questions, making your interviews especially valuable. Thx.

  • bp

    bart p.

    6 1 2016 14:00

    6       0

    Very interesting thesis on a coming global monetary system. I wonder where Bitcoin fits in. :)
    Nice for developing a framework rather than making investment decisions based on this interview. Thumbs^

  • jS

    jurgen S.

    6 1 2016 11:17

    5       0

    Magic, this was right up there.
    This was the shortest 61 minutes of my life,very enjoyable!!!

  • TH

    Timo H.

    6 1 2016 09:49

    4       0

    Willem gets it, and speaks and writes about it. That's good.

  • ss

    sid s.

    6 1 2016 03:48

    3       0

    WOW. thank you guys, I watched it twice and ordered the book already..

  • JS

    John S.

    6 1 2016 01:47

    2       0

    Anyone know the title of the book on financial warfare that he mentioned?

  • BJ

    Brent J.

    6 1 2016 01:15

    8       0

    Great interview. Few know it. & of those that know even fewer will admit it but entire monetary system is levered off of gold. The big reset is when those in the know admit it & tell everyone else

  • JS

    John S.

    6 1 2016 00:34

    6       0

    Outstanding interview.

  • CD

    Charles D.

    6 1 2016 00:26

    10       0

    Brilliant discussion...a lot to digest...but survival now depends on staying ahead of the curve. The herd mentality will only take you down the rabbit hole.

  • A1

    Animal 1.

    5 1 2016 21:06

    6       0

    Great interview! I'd like to add:
    "The last time the Fed hiked rates with ISM below 50 was in 1985 & 1986. They went back to easing within 6 months. "​

  • DK

    Daniel K.

    5 1 2016 20:07

    5       0

    I'd also add the LME 2006 Nickel default where backwardation penalties of $300/day for undelivered metal were implemented as an example of what may happen.

  • PW

    Phil W.

    5 1 2016 20:07

    5       0

    Well I'm one of those peeps that has being beaten over the head for the last 8 years with the Comods. Where is the bottom I think we are close.
    Great interview!!!

  • GC

    Gary C.

    5 1 2016 19:30

    5       0

    This discussion did wonders for the charge in my Ag - Au hydride
    Battery pack

  • TJ

    Terry J.

    5 1 2016 17:28

    16       0

    I dont think I have missed many Real Vision videos, and this is undoubtedly one of the very best and is essential viewing for understanding the currency wars. I cant wait to read The Big Reset.

  • db

    don b.

    5 1 2016 16:41

    26       0

    Good job Grant!