This week’s episode of the Gold Exchange Podcast, Keith Weiner interviews independent precious metals advisor Claudio Grass. Claudio explains his sound money origin story and how the rest of the world understands gold vs Americans' understanding. The wide ranging conversation spans everything from history, to covid lockdowns, to how societies change, to our relationship to money and even political principles and philosophy.
Dec 18, 2021•45 min•Ep. 26
This week’s episode of the Gold Exchange Podcast explores the topic of Central Banks, most notably the US Federal Reserve. Monetary Metals’ CEO Keith Weiner explores why the Fed was created and what deleterious effects it has on our economy including inflation, boom bust cycles and monetary debasement in this recorded talk given to investment bankers.
Dec 09, 2021•51 min•Ep. 25
This week’s episode of the Gold Exchange Podcast explores the idea of profits, and why it matters how you get them. Much of the financial world has confused the idea of profit with price appreciation. Or as we like to say, they confuse investment with speculation. Investment is deploying capital productively in a business for a yield. Speculation is betting one's capital on an asset price rising. There's a reason why this confusion exists. Central Banks have manipulated and distorted the most im...
Oct 14, 2021•23 min•Ep. 24
The history of the Nixon Shock doesn't begin in 1971, it goes all the way back to 1792. As Keith wrote about in his article, Nixon's decision to close the gold window was the culmination of a long history of bad decisions. Decisions where government repeatedly and wrongly interfered in matters of money and credit, where each subsequent decision compounded the ill-effects of the previous one. In other words, the Nixon Shock is the not-so-grand-finale of a long and checkered history of the federal...
Sep 01, 2021•31 min•Ep. 23
Can there be innovation in physical gold? Absolutely! In our increasingly digital reality, innovation in the material world may seem a bit passé, but not to Dr. Adam Trexler, founder and President of Valaurum. Valaurum produces the Aurum® - the smallest verifiable unit of gold for investment available on the market today. Adam joined Keith and John for an invigorating discussion on what the future of gold is going to look like. "We're at the tip of the iceberg in terms of mainstream gold investm...
Jul 21, 2021•34 min•Ep. 22
It’s the proverbial elephant in the room. Everybody knows it’s there, but nobody wants to talk about it. When it is discussed (which is rare), it’s brushed aside, made to look like it’s under control, or kicked a bit further down the road. Meanwhile, it just keeps growing. Those that do see it as a problem tend to misdiagnose its cause, which assures their proposed remedies will miss the mark. We’re talking of course about the national debt. Now, as if it were a last-ditch, throw-your-hands-up-i...
Jun 04, 2021•20 min•Ep. 21
The precious metals blogosphere has been lit up with the #silversqueeze story. Building on the momentum of the Reddit-born retail trade warriors made famous by squeezing the shorts in GameStop, a Wall Street Silver channel was created. And silver became the next main "squeeze"... if you will. This all started in late January, and for a moment, it looked like it had some legs. It was getting national press coverage, but eventually fizzled out due to the price losing momentum and reversing directi...
May 14, 2021•22 min•Ep. 20
Keith presented his Theory of Interest and Prices at the Mises' Austrian Economics Research Conference earlier this year. Described as one of the most interesting talks of the entire event, this episode includes his fifteen-minute presentation as well as some follow-up thoughts by Keith himself at the end.
Apr 15, 2021•22 min•Ep. 19
Back in February we published Gold Outlook 2021, our annual analysis of the gold and silver markets from CEO Keith Weiner. In it, Keith explained the market players, dynamics, fallacies, and drivers. He also made a call on gold and silver prices for the year.
Apr 07, 2021•20 min•Ep. 18
Our recent article on Fedcoin - a digital currency being considered by the Federal Reserve - revealed the sinister and pernicious reasons behind such a move. This week's episode of The Gold Exchange Podcast explores the topic further.
Mar 26, 2021•17 min•Ep. 17
In a prior episode, John Flaherty and CEO Keith Weiner discussed the intricacies of inflation, its definition, and the monetary and nonmonetary forces at play. This time, they go a little deeper.
Mar 19, 2021•25 min•Ep. 16
There's been a lot of talk of inflation lately, with predictions in the media running from one extreme to the other. Most folks define inflation simply as "rising prices." But as John Flaherty and CEO Keith Weiner discuss in this week's episode, it's just not that simple. There are a number of intricacies to be aware of if you want to understand what's really going on.
Mar 12, 2021•15 min•Ep. 15
Our prior episode on "money printing" veered into fractional reserve banking at a few points, so this week John Flaherty and Monetary Metals CEO Keith Weiner dive into that topic.
Mar 05, 2021•22 min•Ep. 14
The phrase "money printing" conjures images of a giant printing press spitting out sheets of hundred dollar bills somewhere in the basement of the Fed. But is that what's *actually* happening lately? Absolutely not. Join John Flaherty and Monetary Metals CEO Keith Weiner for a conversation that will likely make you say "WOW!" or "Whaaat?" or maybe even "Oh, NOW I get it..."
Feb 25, 2021•26 min•Ep. 13
Most people think in terms of purchasing power: how much can one’s cash buy? In this week's episode, CEO Keith Weiner & John Flaherty discuss an alternate perspective. Instead of spending your capital, what if you invested it to earn a return? What can that return buy?
Feb 18, 2021•30 min•Ep. 12
Is there common ground the among proponents of gold and bitcoin? John Flaherty and CEO Keith Weiner take on that question in this episode.
Feb 05, 2021•24 min•Ep. 11
This week's episode is the result of many questions submitted by listeners. Such as: Should I invest in silver or gold? What are the main things I need to consider? Can you help me understand what the Fed is doing? Does it make sense to borrow in order to invest in precious metals?
Jan 28, 2021•28 min•Ep. 10
Our current financial environment with massive, growing debt and an irredeemable currency has many investors asking if that debt can ever be paid off. Is it even possible to close this chapter and move on to an honest monetary system?
Jan 19, 2021•30 min•Ep. 9
In episode 6, we introduced the distinction between money and fiat currency, discussing what gives the dollar – or any fiat currency – its value. Now, we continue that conversation discussing additional characteristics of money, and illustrate how a false definition of money can lead to a corrupt state that wields blank checks.
Jan 12, 2021•18 min•Ep. 8
Once upon a time, gold bonds were the norm. They effectively financed productive enterprise & generated income for bondholders - until 1933. And although it has taken 87 years, the gold bond market is reemerging.
Jan 07, 2021•23 min•Ep. 7
Despite what Google Images serves up, money and currency are not the same thing. This view differs from that of mainstream economists, and this episode illustrates how those mainstream misconceptions might materialize to everyday folks. So what is it today that gives the dollar - or any fiat currency - its value? And how do we plan for the possibility that its value could change significantly?
Dec 29, 2020•17 min•Ep. 6
The problem with GDP is that government consumption of private capital is positive. And with the government gradually taking over all aspects of the economy, even a small cut in spending can send workers to the unemployment line and shutter businesses.
Nov 23, 2020•16 min•Ep. 5
Economics has been called the dismal science. It doesn't seem to have the same respect as other fields of "real" scientific study. Why is that? John Flaherty & Keith Weiner discuss a number of reasons.
Nov 21, 2020•32 min•Ep. 4
"Seems like things are getting back to normal." Not exactly. Folks with that view are not looking very closely. But we are.
Nov 19, 2020•25 min•Ep. 3
After successfully selling his software company in August 2008, Keith Weiner pivoted to the study of economics in an effort to protect his assets. At first, his studies brought enlightenment about our monetary system. Then came the radical idea.
Nov 18, 2020•57 min•Ep. 2
How did a software dropout go on to become a successful entrepreneur...and eventually earn a PhD in economics?
Nov 14, 2020•30 min•Ep. 1
