Podcast appearances and mentions of josh saul

Why the Gold-Silver Ratio Suggests It Might Be Time to Buy Silver The gold-silver ratio — the number of ounces of silver needed to buy one ounce of gold — is a powerful indicator for precious metal investors. Historically, the ratio averages around 60:1, meaning gold typically trades at about 60 times the price of silver. Today, however, the ratio has surged above 85:1, signalling that silver may be undervalued compared to gold. This imbalance often creates opportunities. When the ratio is this high, savvy investors see it as a buy signal for silver, expecting the gap to close over time — either through silver rising in price, gold falling, or both adjusting. Silver also has strong industrial demand — it's used in solar panels, electric vehicles, electronics, and medical tech — all sectors expected to expand in the coming decade. Combine that with limited new mine supply and rising investment interest, and silver looks like a compelling long-term play. While gold remains the ultimate safe-haven asset, silver offers more upside potential during economic recoveries or inflationary periods. If you've been considering diversifying into precious metals, now could be the perfect time to accumulate silver while it remains cheap relative to gold. Always consult your financial adviser before making investment decisions. Why Invest in Gold and Silver? See full video - https://youtu.be/or-8kiTZZxM See my interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call. For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 #SilverInvesting #GoldSilverRatio #BuySilver #PreciousMetals #SilverBullMarket #GoldVsSilver #InflationHedge #WealthProtection #MoneyTipsPodcast #CharlesKelly   

AI needs a lot of energy — and a new Bloomberg investigation has found that those soaring costs are being passed on to consumers who live near data centers. On today’s Big Take podcast, host David Gura talks to Bloomberg reporters Josh Saul and Leonardo Nicoletti about the AI boom’s impact on power bills, how utility companies are handling surging demand and the implications for communities with centers in their backyards. Read more: AI Data Centers Are Sending Power Bills SoaringSee omnystudio.com/listener for privacy information.

AI needs a lot of energy — and a new Bloomberg investigation has found that those soaring costs are being passed on to consumers who live near data centers. On today’s Big Take podcast, host David Gura talks to Bloomberg reporters Josh Saul and Leonardo Nicoletti about the AI boom’s impact on power bills, how utility companies are handling surging demand and the implications for communities with centers in their backyards. Read more: AI Data Centers Are Sending Power Bills SoaringSee omnystudio.com/listener for privacy information.

The price of precious metals like gold, sliver and platinum have soared in price in the last 12 month amid market fears and rising inflation. Why Invest in Gold and Silver? See full video - https://youtu.be/or-8kiTZZxM See my interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call. In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives. Watch YouTube video: https://youtu.be/woBQBtavLUM 1. Historical Stability: Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. 2. Tangibility and Security: One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. 3. Diversification: While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. 4. Inherent Value: Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. 5. Inflation Hedge: Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio. For a free gold, investment report, and Discovery Call, click here. https://pure-gold.co/charles-kelly Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) #interestrates #inflation #gold #silver #property #stockmarket #money #financialfreedom #inflation #section24 #Investing #FinancialDecisions #WealthManagement #assetbackedinvesting

The Hopeful Primitive Baptist Church in Fayetteville, Georgia, has been standing for two hundred years. Now, with a huge, private equity-backed data center coming to town, it will soon be surrounded by towering power poles — and power lines will run through the yards of more than a hundred homes and private properties. Today on the show, energy reporter Josh Saul reports on the AI boom, the demand it’s creating for data centers, and what it looks like on the ground in the communities where those are being built. Plus, the pastor from Hopeful Primitive Baptist talks about the community’s response. Read more: Blackstone’s Data-Center Ambitions School a City on AI Power StrainsSee omnystudio.com/listener for privacy information.

AI data centers are huge energy black holes, consuming as much energy as 30,000 homes – and their rapid growth is straining global grids. The numbers are astonishing: Sweden could see power demand from data centers roughly double over the course of this decade. In the UK, AI is expected to suck up 500% more energy over the next decade. And in the US, data centers are projected to use 8% of total power by 2030, up from 3% in 2022. On today's podcast, host David Gura and Bloomberg reporter Josh Saul discuss just what these insatiable AI data center power needs mean for local communities, energy prices, and efforts to switch to renewables to combat climate change. Read more: AI is Already Wrecking Havoc on Global Power Systems See omnystudio.com/listener for privacy information.

House Prices Rise Bucking The Trend As Mortgage Costs Ease House prices rose by .7% in January and are down by just .2% compared to this time last year, according to figures from the Nationwide Building Society. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠ The Bank of England held interest rates this at 5.25% while indicating a possible rate cut this year, subject to getting inflation under control. Watch full video episode - https://youtu.be/NSgjkJeuqYg Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – An in interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call.   In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives. Watch YouTube video: https://youtu.be/woBQBtavLUM Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ What's in Store in 2024? Stock Markets, Property and Gold Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q   For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly)   7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠

House Prices Rise Bucking The Trend As Mortgage Costs Ease House prices rose by .7% in January and are down by just .2% compared to this time last year, according to figures from the Nationwide Building Society. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠ The Bank of England held interest rates this at 5.25% while indicating a possible rate cut this year, subject to getting inflation under control. Watch full video episode - https://youtu.be/NSgjkJeuqYg Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – An in interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call.   In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives. Watch YouTube video: https://youtu.be/woBQBtavLUM Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ What's in Store in 2024? Stock Markets, Property and Gold Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q   For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly)   7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠

Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – An in interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call. In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives.Watch YouTube video: https://youtu.be/woBQBtavLUM Historical Stability:Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. Tangibility and Security:One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. Diversification:While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. Inherent Value:Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. Inflation Hedge:Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio.For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly  Where to find me:Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA What's in Store in 2024? Stock Markets, Property and GoldWatch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q  For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) 7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.⁠https://bit.ly/3QPp8IH⁠ 

Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – An in interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call. In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives.Watch YouTube video: https://youtu.be/woBQBtavLUM Historical Stability:Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. Tangibility and Security:One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. Diversification:While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. Inherent Value:Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. Inflation Hedge:Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio.For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly  Where to find me:Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA What's in Store in 2024? Stock Markets, Property and GoldWatch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q  For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) 7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.⁠https://bit.ly/3QPp8IH⁠ 

Superb discussion with financial expert Josh Saul, on the most important things to know around your personal financial security! Link to free consultation and free storage: https://bit.ly/ivor-cummings-gold As mentioned in the intro/outro, I've made sure for me and my family to convert a significant percentage of pension etc. into physical precious metals ('real money'). If you are interested in taking similar action, I've agreed a follower's deal with PureGold in the UK (they have vault in NY and work with USA customers too, and will ship to you as desired) - just use the following link: https://bit.ly/ivor-cummings-gold This gives a special discount on the first year's storage charge. PureGold manage Storage or Delivery worldwide – Fully allocated and segregated vaults in London and Zurich (all fully insured). 5k minimum purchase, and they have an Unequivocal Buy Back Guarantee. You can cash out of the gold whenever you want – liquidate within 24 hours. You also a free no-commitments consultation up front, to discuss your circumstances and goals.

Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – interview with Josh Saul, gold expert discussing precious metals in your portfolio. Click here for a free gold, investment report.   In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives. 1. Historical Stability: Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. 2. Tangibility and Security: One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. 3. Diversification: While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. 4. Inherent Value: Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. 5. Inflation Hedge: Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio. For a free gold, investment report, and Discovery Call, click here.   https://pure-gold.co/charles-kelly   See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly)   7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠   #gold #silver #property #stockmarket #crypto #bitcoin #money #financialfreedom #inflation #section24

Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – part 2 of an interview with Josh Saul, gold expert discussing precious metals in your portfolio. Click ⁠here⁠ for a free gold, investment report.   In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives. 1. Historical Stability: Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. 2. Tangibility and Security: One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. 3. Diversification: While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. 4. Inherent Value: Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. 5. Inflation Hedge: Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio. For a free gold, investment report, and Discovery Call, click ⁠here⁠.   ⁠https://pure-gold.co/charles-kelly⁠   See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠⁠https://youtu.be/mtGq7WaVxLA ⁠⁠ For a free gold, investment report, and Discovery Call, click ⁠here⁠ (⁠https://pure-gold.co/charles-kelly⁠)   7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: ⁠https://youtu.be/8oZ30NHVAr8⁠ Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. ⁠⁠https://bit.ly/3QPp8IH⁠⁠   #gold #silver #property #stockmarket #crypto #bitcoin #money #financialfreedom #inflation #section24

The Pure Gold Company are the UK's preferred choice for gold and silver investment https://pure-gold.co/rob-moore Our free investor guide will reveal: How to Invest in Gold Timing and Pricing Considerations Our Buy Back Guarantee We provide tips on how to protect and grow your savings without paying tax on your gains. Gold expert Josh Saul reveals why gold is the ultimate hedge against economic uncertainty. He explains how central banks are stockpiling gold while retail investors are selling equities and buying property. Learn why the rich get richer during financial crises and how to make your money work for you. Josh also outlines the key differences between gold and silver and reveals why some think silver offers more upside potential. Josh Reveals: That central banks are buying up gold as a hedge against weakening fiat currencies. Why gold coins offer tax advantages The importance of storing physical gold in a vault Why silver may offer more upside potential than gold How to protect your own wealth. Why the gold price will rise BEST MOMENTS "Gold is supposed to be used as wealth preservation. "If you can't sell it, then you're going to be stuck with something that at one point you might not need." "Gold predates currency. You can buy it here and sell it there, but it's completely private." "Why should we have to wait 10 years for our pension to recover to where it was?" "The cost of protection is storing it in a safe way." VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK's No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything”   CONTACT METHOD Rob's official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.This show was brought to you by Progressive Media

The Pure Gold Company are the UK's preferred choice for gold and silver investment https://pure-gold.co/rob-moore Our free investor guide will reveal: How to Invest in Gold Timing and Pricing Considerations Our Buy Back Guarantee We provide tips on how to protect and grow your savings without paying tax on your gains. Gold expert Josh Saul reveals why gold is the ultimate hedge against economic uncertainty. He explains how central banks are stockpiling gold while retail investors are selling equities and buying property. Learn why the rich get richer during financial crises and how to make your money work for you. Josh also outlines the key differences between gold and silver and reveals why some think silver offers more upside potential. Josh Reveals: That central banks are buying up gold as a hedge against weakening fiat currencies. Why gold coins offer tax advantages The importance of storing physical gold in a vault Why silver may offer more upside potential than gold How to protect your own wealth. Why the gold price will rise BEST MOMENTS "Gold is supposed to be used as wealth preservation. "If you can't sell it, then you're going to be stuck with something that at one point you might not need." "Gold predates currency. You can buy it here and sell it there, but it's completely private." "Why should we have to wait 10 years for our pension to recover to where it was?" "The cost of protection is storing it in a safe way." VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK's No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything”   CONTACT METHOD Rob's official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.comThis show was brought to you by Progressive Media

Before we get started today, if you haven't already seen it, check out my interview with Alex Langer of Sierra Madre. There could be quite an opportunity setting up with this silver mining company.There are just a handful of tickets left for my lecture with funny bits about gold in London on October 19. I'm not sure when I will next be doing this show so book early to avoid disappointment and all that.And, if you haven't yet seen Programmable Money, I think you will be amused.Right, house prices. They are in free fall …“Fastest fall in 14 years” said the Guardian on the back of the latest numbers from the Halifax, which reported year-on-year falls of 4.7%. The Telegraph was similarly gloomy. ”London house prices slump,” said City AM. “6 months of consecutive declines,” noted the FT. The latest Nationwide numbers showing declines of 5.3% are even worse.But, some context. Here are house prices since 1950. Relentless. The current declines are a mere blip, though it may not fee like that. I have long-argued that houses are, in effect, financial assets whose prices are largely determined by the availability and cost of money. When lending is loose and money is cheap, house prices rise. When lending tightens and the cost of money goes up, so do house prices fall. With rising rates, the reality of this is now plain to see.It would seem that the housing market peaked in summer 2022. I know nominally it was November, but in reality it will have peaked 6 to 9 months before that because of the various lags in house price data reporting. (There is a chap called Charlie on Twitter, who is very good on this by the way). Housing data lags the market because moving home is such a slow process: you decide to move, you put your house on the market, you wait for a buyer, it takes time to exchange and complete, then there are several months more before the Land Registry actually reports the transaction. But from August 2022 to August 2023, according to Bank of England data, mortgage lending has fallen by 43%, while the number of approvals is down 36%. Of course house prices are falling.How far do house prices fall?The answer to that lies with the Bank of England Monetary Policy committee, gilt markets, interest rates and all the rest of it. Sterling also has issues, which is going to put upward pressure on rates. But with another million or so cheap fixed rate deals coming to end in the next year, and another million the year after that, something like two million households are going to be hit with much higher mortgage costs. Just how much will those costs be? The genius that is Merryn Somerset Webb, as always, has the answer: “Mortgage on 350k at 2%: £1484 a month and total payment £445,126. Mortgage on £350k at 5.5%: £2149 a month and total £644,745. To get payment back to £1484, you can only borrow £243k (total payment 447k). And that's why house prices are falling.”Considerable problems lie ahead. All in all, I don't think the worst is over by a long chalk and, a year from now, I think we will see distressed selling, along with opportunities for bargain hunters. This could all have happened in 2008, but the powers-that-be saw fit to suppress rates and print money. Then we got Help to Buy. I don't quite know what they will do this time around - no doubt something is being planned - but in the meantime it seems we are seeing the beginning of the unwinding of a 30-year, generational bull-market/bubble. By way of reference, here is the that infamous Jean-Paul Rodrigue illustration of the lifecycle of a bubble. (I used to have this on my wall, I liked it so much). I would argue that we are probably in the fear stage, with the bull trap having come during Covid, but it may be we are still in the denial phase. As with so much academic projection, real life is never quite as neat and tidy.At the same time, as those of us who were around in 2008 will testify: all ye who call the end of the UK housing market bubble, beware. The housing market has a nasty habit of making bears look stupid. Some see a correction of 35% or more in nominal terms. Others are more muted at 5-10%. Both are possible. In the short term I think housing goes lower. A 1989-94 scenario looks more likely than 2008-11, though I reserve the right to change my mind, as events unfold. So to gold Here you can see gold vs sterling since 1999 when Gordon Brown sold ours for £150/oz or thereabouts. Today, such is the rise of gold (or the decline of sterling more like), we are at £1,500/oz.Josh Saul of Pure Gold Company has reported to me numerous times over the past year how many buy-to-let and other property investors have been selling real estate and buying gold. When will they flip back into property?Gold is the oldest money in the world, it is a constant, so I like to take a periodic look at house prices measured in gold. Of course, we do not use gold to buy houses. We use sterling. But as the verse goes:“Money is a matter of functions four.A medium, a measure, a standard and a store.”While gold may no longer have much use as a medium of exchange, as a store of value, a standard of deferred payment and a measure of relative value (ie unit of account) it remains and will always remain a far more effective form of money than fiat, because it is permanent, constant and you can't print it. If the average UK house is now £288,000 (it isn't - it will be lower because of time lags) and gold is £1,500/oz, then the average UK house price in gold is 192 oz.Here, courtesy of Nick Laird at goldchartsrus.com, we see the cost of UK house prices, measured in gold, since 1950.It's a rather different story to nominal UK house prices, as displayed above. By this measure, the peak of the UK housing market was 2004. Sterling was (relatively) strong at more than $2 . The UK housing market was booming. Gold was sitting around $400/oz.The depths of the market came in 1979. The UK economy was weak. There was civil unrest. Gold was at the end of its epic bull market of the 1970s when it hit $850/oz. The average UK house could be bought for around 50 ounces of gold.How much have we been ripped off by fiat ? If gold is to increase by say 20% against sterling, and nominal house prices are to come down 10%, then those 2008-11 and 2020 lows of 150oz for the average UK house look pretty nailed on. If house prices come down 30 or 35%, however, as they did in 1989-94, and the gold price were to double, then those late 1970s and early 1980s numbers around 50oz for the average UK house suddenly come into play. Barring a full-blown sterling crisis (don't rule it out), I'd say that was unlikely. For no particular reason, other than round-number-itis, I have a target of 100oz.Of course, the other possibility is that gold falls, and house prices resume their uptrend. How many ounces of silver to buy the average UK house?Here, for the silver bugs, is the same ratio but for silver.Look how cheap houses in silver were in the 1970s. You could get the average UK house for about 1,000oz!Will silver ever go back to those levels? I doubt it. It has the potential, but, as we know, silver always disappoints.Finally, for American readers, are US house prices in gold and silver.Post 2008 they almost went back to 1980 levels.Here they are in silver. Tell your friends about this amazing article This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Before we get started today, if you haven't already seen it, check out my interview with Alex Langer of Sierra Madre. There could be quite an opportunity setting up with this silver mining company.There are just a handful of tickets left for my lecture with funny bits about gold in London on October 19. I'm not sure when I will next be doing this show so book early to avoid disappointment and all that.And, if you haven't yet seen Programmable Money, I think you will be amused.Right, house prices. They are in free fall …“Fastest fall in 14 years” said the Guardian on the back of the latest numbers from the Halifax, which reported year-on-year falls of 4.7%. The Telegraph was similarly gloomy. ”London house prices slump,” said City AM. “6 months of consecutive declines,” noted the FT. The latest Nationwide numbers showing declines of 5.3% are even worse.But, some context. Here are house prices since 1950. Relentless. The current declines are a mere blip, though it may not fee like that. I have long-argued that houses are, in effect, financial assets whose prices are largely determined by the availability and cost of money. When lending is loose and money is cheap, house prices rise. When lending tightens and the cost of money goes up, so do house prices fall. With rising rates, the reality of this is now plain to see.It would seem that the housing market peaked in summer 2022. I know nominally it was November, but in reality it will have peaked 6 to 9 months before that because of the various lags in house price data reporting. (There is a chap called Charlie on Twitter, who is very good on this by the way). Housing data lags the market because moving home is such a slow process: you decide to move, you put your house on the market, you wait for a buyer, it takes time to exchange and complete, then there are several months more before the Land Registry actually reports the transaction. But from August 2022 to August 2023, according to Bank of England data, mortgage lending has fallen by 43%, while the number of approvals is down 36%. Of course house prices are falling.How far do house prices fall?The answer to that lies with the Bank of England Monetary Policy committee, gilt markets, interest rates and all the rest of it. Sterling also has issues, which is going to put upward pressure on rates. But with another million or so cheap fixed rate deals coming to end in the next year, and another million the year after that, something like two million households are going to be hit with much higher mortgage costs. Just how much will those costs be? The genius that is Merryn Somerset Webb, as always, has the answer: “Mortgage on 350k at 2%: £1484 a month and total payment £445,126. Mortgage on £350k at 5.5%: £2149 a month and total £644,745. To get payment back to £1484, you can only borrow £243k (total payment 447k). And that's why house prices are falling.”Considerable problems lie ahead. All in all, I don't think the worst is over by a long chalk and, a year from now, I think we will see distressed selling, along with opportunities for bargain hunters. This could all have happened in 2008, but the powers-that-be saw fit to suppress rates and print money. Then we got Help to Buy. I don't quite know what they will do this time around - no doubt something is being planned - but in the meantime it seems we are seeing the beginning of the unwinding of a 30-year, generational bull-market/bubble. By way of reference, here is the that infamous Jean-Paul Rodrigue illustration of the lifecycle of a bubble. (I used to have this on my wall, I liked it so much). I would argue that we are probably in the fear stage, with the bull trap having come during Covid, but it may be we are still in the denial phase. As with so much academic projection, real life is never quite as neat and tidy.At the same time, as those of us who were around in 2008 will testify: all ye who call the end of the UK housing market bubble, beware. The housing market has a nasty habit of making bears look stupid. Some see a correction of 35% or more in nominal terms. Others are more muted at 5-10%. Both are possible. In the short term I think housing goes lower. A 1989-94 scenario looks more likely than 2008-11, though I reserve the right to change my mind, as events unfold. So to gold Here you can see gold vs sterling since 1999 when Gordon Brown sold ours for £150/oz or thereabouts. Today, such is the rise of gold (or the decline of sterling more like), we are at £1,500/oz.Josh Saul of Pure Gold Company has reported to me numerous times over the past year how many buy-to-let and other property investors have been selling real estate and buying gold. When will they flip back into property?Gold is the oldest money in the world, it is a constant, so I like to take a periodic look at house prices measured in gold. Of course, we do not use gold to buy houses. We use sterling. But as the verse goes:“Money is a matter of functions four.A medium, a measure, a standard and a store.”While gold may no longer have much use as a medium of exchange, as a store of value, a standard of deferred payment and a measure of relative value (ie unit of account) it remains and will always remain a far more effective form of money than fiat, because it is permanent, constant and you can't print it. If the average UK house is now £288,000 (it isn't - it will be lower because of time lags) and gold is £1,500/oz, then the average UK house price in gold is 192 oz.Here, courtesy of Nick Laird at goldchartsrus.com, we see the cost of UK house prices, measured in gold, since 1950.It's a rather different story to nominal UK house prices, as displayed above. By this measure, the peak of the UK housing market was 2004. Sterling was (relatively) strong at more than $2 . The UK housing market was booming. Gold was sitting around $400/oz.The depths of the market came in 1979. The UK economy was weak. There was civil unrest. Gold was at the end of its epic bull market of the 1970s when it hit $850/oz. The average UK house could be bought for around 50 ounces of gold.How much have we been ripped off by fiat ? If gold is to increase by say 20% against sterling, and nominal house prices are to come down 10%, then those 2008-11 and 2020 lows of 150oz for the average UK house look pretty nailed on. If house prices come down 30 or 35%, however, as they did in 1989-94, and the gold price were to double, then those late 1970s and early 1980s numbers around 50oz for the average UK house suddenly come into play. Barring a full-blown sterling crisis (don't rule it out), I'd say that was unlikely. For no particular reason, other than round-number-itis, I have a target of 100oz.Of course, the other possibility is that gold falls, and house prices resume their uptrend. How many ounces of silver to buy the average UK house?Here, for the silver bugs, is the same ratio but for silver.Look how cheap houses in silver were in the 1970s. You could get the average UK house for about 1,000oz!Will silver ever go back to those levels? I doubt it. It has the potential, but, as we know, silver always disappoints.Finally, for American readers, are US house prices in gold and silver.Post 2008 they almost went back to 1980 levels.Here they are in silver. Tell your friends about this amazing article This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

In your time bestriding the narrow world like a Colossus, you might have heard the term, “bearer asset” or “bearer instrument”.That would be an asset that you take physical possession of - cash or bullion, for example - an asset that is effectively owned by whoever has possession of it, that can be transferred from one person to another by just handing it over.The ownership of the asset is not registered with a central authority, so that makes it vulnerable to theft or loss, but it also means the asset is nobody else's liability. Unlike money in the bank or a government bond, it carries no promise from a third party. The value of the asset is thus not dependent on the creditworthiness of any issuer or guarantor, but rather on the inherent value of the asset itself.So, in today's interlinked financial world, a bearer asset becomes an asset outside the system.Like Tottenham Hotspur, bearer assets have their strengths and their weaknesses. Their strength is that they are nobody else's liability. Their weakness is that their liability is yours. The two main bearer assets in today's financial marketplace are gold and bitcoin. Bitcoin rallies as investors seek safety Bitcoin is not a physical asset of course. But the technological genius behind it means that it is a “digital bearer asset”. No such thing previously existed. With bank runs, bail-outs and another banking crisis now upon us, both gold and bitcoin have suddenly fetched a bid. No surprise: they both are means to store value outside of the system. You don't have to rely on third parties. I thought, given everything, we should check in on both today.Here's bitcoin, which, at $28,000, has broken out to 9-month highsIs that a bullish, inverted head-and-shoulders pattern I see before me? I think so. On that basis, what would the target be? The distance from the top of the head (around $15,000)  to the shoulder line at c.$25,000 is $10,000 - so you would have a target of around $35,000, perhaps a little higher.Some are even calling out for hyperbitcoinisation: a hypothetical scenario in which the widespread adoption of bitcoin occurs so rapidly that its price rises dramatically and it becomes the dominant form of money in use. In this scenario, bitcoin would be widely accepted by merchants and individuals alike. The term "hyper" refers to the extreme and rapid level of adoption. In a way, it is an inversion of hyperinflation. The fiat system would remain, it wouldn't necessarily collapse, it would just be overtaken and superseded by bitcoin.There are many who believe hyperbitcoinisation is both inevitable and desirable. Bitcoin is better money than fiat. The traditional banking model is dysfunctional and reliant on constant bailouts. One such advocate is billionaire Balaji Srinivasan, who has grown so concerned at the goings-on in US banking, he has made a million-dollar bet that bitcoin will hit $1 million by June 17.The odds are against him. Some are suggesting he is just doing it for the attention. But to be fair to Balaji, he has a good track record spotting trends. I'm a bitcoin bull, but maybe I lack ambition. I can see it getting to $35,000 or $40,000 by June. I'm not so sure about $1 million. But hey, I'll take $1 million dollar bitcoin if it's offered. I've heard this kind of prediction before. You used to hear them all the time about silver. I'm not holding my breath.My rather drab observation is that, after a miserable 2022, tech has suddenly caught a bid. Even Meta's going up. Bond yields have fallen with the banking panic, and suddenly growth stocks look attractive again. Sorry to be so prosaic and unsensationalist. Meanwhile, that other bearer asset, gold has also found a bid, and with it silver and platinum. Gold this week has been flirting with $2,000.The gold price surged after bank collapse My buddy Josh Saul at the Pure Gold Company reports to me that, with the panic at Silicon Valley Bank, his company saw a 385% increase in new enquiries last weekend and a 274% increase in investors purchasing physical gold bars and coins last Monday, compared to its normal daily average. “One client said they are moving £16 million out of their current bank provider owing to fears of instability”, he says.Volatility in the stock market isn't helping either. “This year, we have also seen a 712% increase in people removing exposure to equities and cash in their pensions and SIPPs in order to purchase physical gold bullion in the same vehicle”. My other buddy Ross Norman reports that visitors to his site Metals Daily have risen 763% in a month.Gold is now at all-time highs in almost all currencies, except the US dollar. What do new highs normally lead to?In the short term, gold , breathing down the neck of $2,000, is a little overbought by most sentiment readings. The miners have been quite flat in comparison, which is not a good sign. That suggests the spike is temporary.But longer term I think it goes higher. I have long argued that everybody should have exposure to both gold and bitcoin in their portfolio, and it is crises like this one that demonstrate why.Few people realise that by keeping your money in a bank, you are lending the bank money. The difference between money and credit has become conflated, along with many other things in this mad world. Even Switzerland no longer looks safe. All the same arguments we heard in 2008 are coming back. At the heart of them lie fundamental questions as to the nature of money and banking. Fractional reserve banking, and even full reserve banking, became sujets du jour. The words fiat money entered the lexicon.In 2008 there was a chance to address and put right the fundamental flaws in the system. It was not taken. Bail-outs brushed the problems under the carpet, and left them for another day. The free market meanwhile came out with an alternative, bitcoin. It is now a trillion-dollar economy, and there are no bailouts. With each collapse - there have been plenty and there will be plenty more - the system gets stronger.But with traditional banking, however, the more you bail out the system, the more precarious it becomes. You can't take the risk out of a market. Without risk, you have no market. With risk comes responsibility. Don't blame the players. It's the game that's at fault. If you are interested in buying bitcoin, my guide is here:My current recommended bullion dealer in the UK is The Pure Gold Company, whether you are taking delivery or storing online. Premiums are low, quality of service is high. They deliver to the UK, US, Canada and Europe, or you can store your gold with them. I have affiliation deals with them.An earlier version of this article first appeared at Moneyweek This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

In your time bestriding the narrow world like a Colossus, you might have heard the term, “bearer asset” or “bearer instrument”.That would be an asset that you take physical possession of - cash or bullion, for example - an asset that is effectively owned by whoever has possession of it, that can be transferred from one person to another by just handing it over.The ownership of the asset is not registered with a central authority, so that makes it vulnerable to theft or loss, but it also means the asset is nobody else's liability. Unlike money in the bank or a government bond, it carries no promise from a third party. The value of the asset is thus not dependent on the creditworthiness of any issuer or guarantor, but rather on the inherent value of the asset itself.So, in today's interlinked financial world, a bearer asset becomes an asset outside the system.Like Tottenham Hotspur, bearer assets have their strengths and their weaknesses. Their strength is that they are nobody else's liability. Their weakness is that their liability is yours. The two main bearer assets in today's financial marketplace are gold and bitcoin. Bitcoin rallies as investors seek safety Bitcoin is not a physical asset of course. But the technological genius behind it means that it is a “digital bearer asset”. No such thing previously existed. With bank runs, bail-outs and another banking crisis now upon us, both gold and bitcoin have suddenly fetched a bid. No surprise: they both are means to store value outside of the system. You don't have to rely on third parties. I thought, given everything, we should check in on both today.Here's bitcoin, which, at $28,000, has broken out to 9-month highsIs that a bullish, inverted head-and-shoulders pattern I see before me? I think so. On that basis, what would the target be? The distance from the top of the head (around $15,000)  to the shoulder line at c.$25,000 is $10,000 - so you would have a target of around $35,000, perhaps a little higher.Some are even calling out for hyperbitcoinisation: a hypothetical scenario in which the widespread adoption of bitcoin occurs so rapidly that its price rises dramatically and it becomes the dominant form of money in use. In this scenario, bitcoin would be widely accepted by merchants and individuals alike. The term "hyper" refers to the extreme and rapid level of adoption. In a way, it is an inversion of hyperinflation. The fiat system would remain, it wouldn't necessarily collapse, it would just be overtaken and superseded by bitcoin.There are many who believe hyperbitcoinisation is both inevitable and desirable. Bitcoin is better money than fiat. The traditional banking model is dysfunctional and reliant on constant bailouts. One such advocate is billionaire Balaji Srinivasan, who has grown so concerned at the goings-on in US banking, he has made a million-dollar bet that bitcoin will hit $1 million by June 17.The odds are against him. Some are suggesting he is just doing it for the attention. But to be fair to Balaji, he has a good track record spotting trends. I'm a bitcoin bull, but maybe I lack ambition. I can see it getting to $35,000 or $40,000 by June. I'm not so sure about $1 million. But hey, I'll take $1 million dollar bitcoin if it's offered. I've heard this kind of prediction before. You used to hear them all the time about silver. I'm not holding my breath.My rather drab observation is that, after a miserable 2022, tech has suddenly caught a bid. Even Meta's going up. Bond yields have fallen with the banking panic, and suddenly growth stocks look attractive again. Sorry to be so prosaic and unsensationalist. Meanwhile, that other bearer asset, gold has also found a bid, and with it silver and platinum. Gold this week has been flirting with $2,000.The gold price surged after bank collapse My buddy Josh Saul at the Pure Gold Company reports to me that, with the panic at Silicon Valley Bank, his company saw a 385% increase in new enquiries last weekend and a 274% increase in investors purchasing physical gold bars and coins last Monday, compared to its normal daily average. “One client said they are moving £16 million out of their current bank provider owing to fears of instability”, he says.Volatility in the stock market isn't helping either. “This year, we have also seen a 712% increase in people removing exposure to equities and cash in their pensions and SIPPs in order to purchase physical gold bullion in the same vehicle”. My other buddy Ross Norman reports that visitors to his site Metals Daily have risen 763% in a month.Gold is now at all-time highs in almost all currencies, except the US dollar. What do new highs normally lead to?In the short term, gold , breathing down the neck of $2,000, is a little overbought by most sentiment readings. The miners have been quite flat in comparison, which is not a good sign. That suggests the spike is temporary.But longer term I think it goes higher. I have long argued that everybody should have exposure to both gold and bitcoin in their portfolio, and it is crises like this one that demonstrate why.Few people realise that by keeping your money in a bank, you are lending the bank money. The difference between money and credit has become conflated, along with many other things in this mad world. Even Switzerland no longer looks safe. All the same arguments we heard in 2008 are coming back. At the heart of them lie fundamental questions as to the nature of money and banking. Fractional reserve banking, and even full reserve banking, became sujets du jour. The words fiat money entered the lexicon.In 2008 there was a chance to address and put right the fundamental flaws in the system. It was not taken. Bail-outs brushed the problems under the carpet, and left them for another day. The free market meanwhile came out with an alternative, bitcoin. It is now a trillion-dollar economy, and there are no bailouts. With each collapse - there have been plenty and there will be plenty more - the system gets stronger.But with traditional banking, however, the more you bail out the system, the more precarious it becomes. You can't take the risk out of a market. Without risk, you have no market. With risk comes responsibility. Don't blame the players. It's the game that's at fault. If you are interested in buying bitcoin, my guide is here:My current recommended bullion dealer in the UK is The Pure Gold Company, whether you are taking delivery or storing online. Premiums are low, quality of service is high. They deliver to the UK, US, Canada and Europe, or you can store your gold with them. I have affiliation deals with them.An earlier version of this article first appeared at Moneyweek This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

What happens when a "climate bank" goes under? This week, Bloomberg Green reporter Akshat Rathi interviews the CEO of an AI battery startup that had just received $3 million in funding about the stresses of recovering money from Silicon Valley Bank as it collapsed. Then, Bloomberg reporter Mark Bergen explains what made SVB so important to climate tech funding and which institutions might be poised to take its place. Read more about the collapse and its impact on climate tech, here. Read a transcript of this episode, here. Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks this week to Venkat Viswanathan, Brian Eckhouse, Mark Bergen, Coco Liu, Olivia Rudgard, Josh Saul, David Baker, Sommer Saadi, and Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

As the US coal industry dwindles, big mining companies that once made a fortune are packing up–and leaving behind a staggering mess of destroyed land and poisoned water. So who'll pay to clean it up? Bloomberg reporters Josh Saul and Zachary Mider spent time in coal country and join this episode to talk about the multi-billion-dollar game of pass the buck now playing out in Appalachia. Learn more about this story here: https://bloom.bg/3HKh2yQ Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.

Rappin' With ReefBum is a LIVE talk show with host Keith Berkelhamer and guests from the reef keeping community. In this episode I chat with Josh Saul from Manhattan Reefs, Reefs.com and Advanced Aquarist.Josh has been involved in the aquarium hobby for 25 years and has been SCUBA diving for more than 30. He is also the owner and President of Manhattan Reefs, which was founded in 2000. Additionally, he founded Reefs Magazine in 2008 and in 2019 he acquired Advanced Aquarist and Reefs.org.

I'd assume Satchmo was one hell of a zen-calm yet lively jazz-wizard roaming the Americas and Europe like a madman on the horn through the 30s and 40s making myths in all the world's clandestine clubs and dark alleyways, where spirit infused music spilled into the streets like smiles and wine. If I were to try to express who Josh Saul is to me and what he embodies as a mycologist, I'd have to say it's a feeling similar to what one gets from soaking in the very early ear-candy jazz recordings, all crackle, pop and fuzz of the man himself, Satchmo. There is something about musicians getting into mycology; there is a mastery over the complexities of theory that requires much determination and deep study: experimentation and analysis on constant repetition. But after the mastery erupts a sort of Jazz in motion...and to me what Josh has done with Play Of Sunlight embodies the jazz of mycology. When you can live free-form in the chaos of a spore to store operation you can certainly attain this level of myco-jazz-wizardry, but I think it's rare...rare enough to quote the late great Hunter S. Thompson, "There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die." 

Trish tries her hand at an eating challenge, and we talk to Josh Saul about bitcoin mining's effect on the environment! See omnystudio.com/listener for privacy information.

The Gulf Coast region is crucial for the energy industry, with a huge portion of the country's oil refining and petrochemical manufacturing clustered there. And now it's reeling after a direct hit from Hurricane Ida. On this episode of our environmental podcast, Parts Per Billion, we talk to two Bloomberg News energy reporters about how the region is handling this. Kevin Crowley talks about the risks now faced by the Gulf Coast's petroleum industry, while Josh Saul fills us in on the slow and painstaking effort to bring the region's power grid back online. Have feedback on this episode of Parts Per Billion? Give us a call and leave a voicemail at 703-341-3690. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg's Renita Young reads “Bitcoin Miners Navigate Extreme World of Crypto Power-Hunting.” This story, by Bloomberg's Will Mathis, Josh Saul, Alfred Cang and Zheping Huang, explains how a crypto crackdown has bitcoin miners searching for cheaper, greener power sources Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Bloomberg's Renita Young reads “Bitcoin Miners Navigate Extreme World of Crypto Power-Hunting.” This story, by Bloomberg's Will Mathis, Josh Saul, Alfred Cang and Zheping Huang, explains how a crypto crackdown has bitcoin miners searching for cheaper, greener power sources. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com See omnystudio.com/listener for privacy information.

“Seconds and minutes” from total catastrophe, the state struggled to handle an extreme weather event, which led to the largest forced power outage in U.S. history.   This article was written by Catherine Traywick, Mark Chediak, Naureen Malik, and Josh Saul for Bloomberg Green, February 2021.   Thanks for listening! If you enjoy the podcast, help spread the word by leaving us a five-star rating and review. Don't forget to subscribe and share!   Catherine Traywick Twitter: @ctraywick Mark Chediak Twitter: @markchediak Naureen Malik Twitter: @naurtorious Josh Saul More stories by Josh Saul.   Bloomerg Click here to subscribe to Bloomberg. Twitter: @Bloomberg @Climate   Rustin Rawlings Twitter: @RawlingsHTown Website: www.RustinRawlings.com Email: RustinRawlings@gmail.com   Credits: https://www.nytimes.com/2021/02/19/us/texas-deaths-winter-storm.html https://www.news.com.au/technology/environment/extreme-weather-kills-dozens-and-sends-power-bills-skyrocketing-in-texas/news-story/b30cfe137c5c95412be8c907ae23b2ea https://abc13.com/winter-weather-death-84-year-old-mary-gee-elderly-woman-dies-storm/10360058/ https://www.washingtonpost.com/nation/2021/02/22/texas-boy-death-winterstorm-lawsuit/ https://abc13.com/woman-child-die-carbon-monoxide-poisoning-deaths-southwest-houston/10343827/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/abouteverythingpodcast/message Support this podcast: https://podcasters.spotify.com/pod/show/abouteverythingpodcast/support