Gold – Willem Middelkoop

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

Gold – Willem Middelkoop

Gold ·
Featuring

Published on: January 5th, 2016 • Duration: 62 minutes • Asset Class: Commodities, Currencies • Topic: Monetary policy, Financial System, Gold

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.

Comments

  • DR
    Daniel R.
    6 March 2018 @ 15:26
    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 July 2016 @ 19:30
    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 July 2016 @ 19:24
    just checked for the NXE price: what a beauty! would have paid a big price for that 30 list
  • JF
    Jonathan F.
    29 February 2016 @ 02:18
    Will we get to see that list of 30 companies :)
  • GR
    Guido R.
    3 February 2016 @ 04:23
    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 February 2016 @ 04:21
    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 February 2016 @ 04:20
    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 February 2016 @ 04:18
    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 February 2016 @ 04:17
    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 February 2016 @ 04:16
    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 February 2016 @ 04:14
    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 February 2016 @ 04:12
    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 February 2016 @ 04:10
    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 January 2016 @ 11:34
    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 January 2016 @ 00:00
    Venezuela doesn't need any help to create inflation
  • sp
    shashwat p.
    15 January 2016 @ 05:40
    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 January 2016 @ 00:49
    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 January 2016 @ 12:56
    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 January 2016 @ 09:45
    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 January 2016 @ 22:46
    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 January 2016 @ 17:08
    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 January 2016 @ 16:50
    JS-John 5th Jan I believe the book is by James Rickards - "Currency Wars"
  • WM
    Will M.
    10 January 2016 @ 16:36
    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 January 2016 @ 01:56
    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 January 2016 @ 22:19
    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. | Founder
    8 January 2016 @ 16:42
    John G... the map is of London - we filmed the interviews at Mines & Money in London in December
  • JG
    John G.
    8 January 2016 @ 16:30
    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 January 2016 @ 11:16
    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 January 2016 @ 07:36
    Thanks to Willem and Grant. Excellent and insightful interview.
  • SL
    Steven L.
    8 January 2016 @ 02:42
    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 January 2016 @ 21:17
    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 January 2016 @ 15:50
    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 January 2016 @ 14:37
    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 January 2016 @ 04:53
    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 January 2016 @ 22:19
    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 January 2016 @ 15:27
    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 January 2016 @ 14:00
    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 January 2016 @ 11:17
    Magic, this was right up there. This was the shortest 61 minutes of my life,very enjoyable!!!
  • TH
    Timo H.
    6 January 2016 @ 09:49
    Willem gets it, and speaks and writes about it. That's good.
  • ss
    sid s.
    6 January 2016 @ 03:48
    WOW. thank you guys, I watched it twice and ordered the book already..
  • JS
    John S.
    6 January 2016 @ 01:47
    Anyone know the title of the book on financial warfare that he mentioned?
  • BJ
    Brent J. | Contributor
    6 January 2016 @ 01:15
    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 January 2016 @ 00:34
    Outstanding interview.
  • CD
    Charles D.
    6 January 2016 @ 00:26
    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 January 2016 @ 21:06
    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 January 2016 @ 20:07
    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 January 2016 @ 20:07
    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 January 2016 @ 19:30
    This discussion did wonders for the charge in my Ag - Au hydride Battery pack
  • TJ
    Terry J.
    5 January 2016 @ 17:28
    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 January 2016 @ 16:41
    Good job Grant!

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