Chris Olson
👤 SpeakerAppearances Over Time
Podcast Appearances
And it seems like quite a coincidence that you happen to have two elements that fit that bill so well.
And it would explain why.
What are the odds?
Yeah, the odds are astronomical.
And I think that's why that explains why that would happen.
If it's basically encoded into reality, in a sense, a symbolic, a symbol of wealth that's meant to be viewed as such, then you would imagine that people would discover that.
The ancients were very, very smart.
Ancient civilizations were not necessarily as ignorant as we might think they were.
Well, we're coming to learn that.
the performance of gold was all it it beat the market by almost twice am i making this up in my mind well if we look at uh performance over the time period from say january 2000 until today 25 years yeah 25 years you see gold up roughly a little over a thousand percent whereas the s p is up less than 400 percent over that same time period including dividends
So it's clear that there's something more happening with gold.
Well, it seems to have been a policy objective of the United States government to discourage the use of gold and to suppress its price relative to the dollar in order to maintain dollar dominance on the world stage.
And that dollar dominance has
been the primary means by which we've been able to live well beyond our means and command a military budget that's larger than any other country on earth.
And if gold is a competitor to the dollar, gold is really, it serves as a barometer of the health of the dollar as well.
And there have been multiple times in recent history that
Gold has risen precipitously or silver against the dollar.
And whenever that happens, it's a threat to a debt-based system to see real assets appreciating against the currency in that way.
So additionally, you've got other foreign governments that are holders of gold.
central banks.