Commodities – Cognitive Dollar Dissonance

Published on
October 7th, 2015
Duration
15 minutes

Commodities – Cognitive Dollar Dissonance

Featuring John Butler

Published on: October 7th, 2015 • Duration: 15 minutes

John Butler from Amphora Capital brings us a preview of an upcoming keynote presentation in Cognitive Dollar Dissonance, discussing why the paradigm of the dollar as the reserve currency is unchallenged despite a growing body of evidence that may suggest that a role shift is needed.

Comments

  • SL
    Sandy L.
    24 December 2015 @ 16:30
    Very poorly formatted, circuitous and verbose....please stop being patronizing.....get to the point faster
  • DS
    David S.
    17 December 2015 @ 00:17
    There is nothing new here. The Chinese government lost fortunes selling US dollars and investing in gold and Euro bonds. What will humans value next week, next year, next decade? That is the ???
  • MM
    Matthew M.
    21 November 2015 @ 22:43
    thought provoking, nice short video
  • AC
    Andrew C.
    19 October 2015 @ 02:30
    Commodities as hard assets, sure. Diversified portfolio of gold, silver(?), a shipload of iron-ore?. Real Estate also another hard asset but in that scenario, liquidity would be an issue. Gold miners?
  • JA
    Judy A.
    14 October 2015 @ 20:08
    Excellent job. Clear, logical thinker, and well spoken presentation.
  • CD
    Colin D.
    13 October 2015 @ 16:27
    Great piece John! There are nations wanting to see the end of US hegemony and $ dominance that are already building their gold reserves.
  • DM
    Daniel M.
    11 October 2015 @ 21:19
    hard to know what WILL happen but key point is understanding range of possibilities is much wider thn narrow MSMedia talk. ❤️ analogy to complex contortions needed to maintain earth centric view
  • CC
    Cauchy C.
    11 October 2015 @ 19:14
    Sounds like a D day. If it will really happen, yr gold holding will be forfeit. Riots will be all over the world.
  • JB
    John B. | Contributor
    11 October 2015 @ 15:22
    Dear All: Thank you for your thoughtful comments. Here is a link to my recent paper on this topic: http://amphora-alpha.com/wp-content/files_mf/1444340215AR_1015.pdf
  • AK
    Anthony K.
    10 October 2015 @ 14:25
    Thought provoking, outside the box thinking - really enjoyed this piece, by John.
  • JB
    Julian B. | Contributor
    9 October 2015 @ 20:00
    Finally he maybe right but this is just another gold bug talking to a friendly audience at the Sydney gold conference!
  • ww
    will w.
    9 October 2015 @ 14:22
    Is this just more wishful thinking by hard assets believers/ investors (such as myself)? “Markets can stay irrational, longer than investors can stay SOLVENT”...
  • DP
    David P.
    9 October 2015 @ 00:52
    Unlikely? In monetary and economic history generally, less-surprising things than what John posits have happened with, perhaps, less justification. An elegant and well-conceived essay.
  • SJ
    Suzanne J.
    8 October 2015 @ 00:00
    Thoroughly engaging and eloquent delivery of lateral thinking at its best. Thank you for bringing it all together. Will chase your presentation for more.
  • GR
    Gregory R.
    7 October 2015 @ 19:55
    The big thinkers won’t consider the historical solution as they wish to avoid the limitations of absolute value in favor of flexibility of relative value. However that flexibility is the problem.
  • RM
    Randal M.
    7 October 2015 @ 16:33
    Intelligent and thought provoking. There is only two ways out: deflation/default/depression. default(with selective austerity imposed i.e. the game)/debasement of fiat to inflate way out to reset.
  • TH
    Timo H.
    7 October 2015 @ 15:37
    Logical and convincing. If you ask the Chinese or the Russians, remonetizing gold could well happen. The west, thinking indide its box of complacency, strongly disagrees.
  • PW
    Phil W.
    7 October 2015 @ 15:35
    Good one. Sure glad I'm part of the minority, if a shift in monetary policy happens, cause when main stream sees this is possible, it will be to late!
  • MS
    Michiel S.
    7 October 2015 @ 15:13
    Given the stupidity of policymakers it will probably be preceded by a BIG crisis. Maybe after the introduction of SDR's?
  • BD
    Bruce D.
    7 October 2015 @ 15:05
    Wow! A fabulously simple explanation of how the monetary system is hanging on to the old paradigm. Due to the massive, worldwide sovereign debt, a remonetization of gold sounds quite reasonable!
  • TJ
    Terry J.
    7 October 2015 @ 15:03
    Breathtakingly brilliant outside the box thinking. I wouldn't bet against John being right. Can't wait for the full presentation.
  • EL
    Elizabeth L.
    7 October 2015 @ 14:44
    Excellent paradigm shift thinking regarding the dollar reserve currency status and fiat currencies generally. Great piece.