Monetary Metals, Released on 10/16/23
Brent Johnson joins the podcast to discuss the global economy, the role of gold, and the dominance of the US dollar despite currency debasement. Keith and Brent discuss why the other currencies are derivatives of the dollar, the rigged nature of a closed system, and how to overcome Gresham’s law.
00:00 Brent Johnson
01:01 Dubai’s rise
03:03 China’s potential
05:37 Investing in the Middle East
07:27 The Dollar Milkshake Theory explained
09:29 A relative game of debasement
11:59 Inflation and deflation
13:17 The milkshake theory and its application in recent years
16:40 The dominant currency
18:55 Currency pegs
19:40 Comparing derivatives
24:44 Dollar derivatives
26:20 Goldbugs
29:01 Monetary Metals
29:48 Dubai’s advantage
33:33 From London to Dubai
38:53 Overcoming Gresham’s Law
42:14 Gold Interest vs Bitcoin
43:29 The Value of the Dollar
44:06 Owning Both Dollars and Gold
46:20 Challenges of New System
49:55 Government failures
51:12 Join us in New Orleans!
52:04 Subscribe!
52:12 Monetary Metals
Brent Johnson is the CEO of Santiago Capital. Brent brings twenty five years of experience in the financial markets to his position as CEO of Santiago Capital where he manages the portfolios of high net worth individuals and families via separate accounts and private funds. Brent worked more than nine years as a Managing Director at BakerAvenue, a $2 Billion Asset Manager and Wealth Management firm. Before joining BakerAvenue, Brent spent nine years at Credit Suisse in their private client group. He joined Credit Suisse in the fall of 2000. Earlier in his career, Brent was a financial auditor for Philip Morris Management Company in New York City.
Keith Weiner earned his Ph.D. from the (non-accredited) New Austrian School of Economics. He speaks worldwide about the failing dollar system and the need to rediscover the gold standard. To this end, He founded the Gold Standard Institute USA and Monetary Metals. The former is a nonprofit focused on education and outreach. The latter makes it profitable to invest in the gold standard by paying gold interest on gold. Previously, Keith founded DiamondWare, a voice technology company that he sold to Nortel Networks in 2008.