Sound Money, Sound Principles: The SoundMoney® Podcast
Business principles and the power of sound money taught by entrepreneurs with decades of experience and real results.
Sound Money, Sound Principles: The SoundMoney® Podcast
Ep. 24 The Truth About The mystery of Fort Knox? Gold Prices, Bitcoin, and Inflation | What Banks Don’t Want You to Know
Intro 0:00
In this opening segment, we introduce the main topics of discussion, setting the stage for an exploration of gold, currency, inflation, and the evolving financial landscape.
Is there gold in Fort Knox? 1:20
We delve into the mystery surrounding Fort Knox, the U.S. gold reserve, and whether it really holds the vast amount of gold that people believe is there. This segment tackles some common misconceptions.
Why we believe in the American dollar 4:30
This segment explains the psychological and historical factors that contribute to the global trust in the U.S. dollar, even in a world increasingly detached from the gold standard.
We don’t have the gold in the vault 8:00
Here, we discuss the possibility that Fort Knox and other reserves might not hold the amount of gold we’re led to believe. Is it all just a myth, or has the gold simply been moved or sold?
Highest prices of gold 8:30
A closer look at the historical peaks in gold prices, exploring what factors have driven gold to reach all-time highs and how it reflects broader economic conditions.
What happens if we open the doors and there is no gold? 11:00
We discuss the potential fallout if it were ever revealed that Fort Knox, or other key gold vaults, were empty. What would this mean for the economy, trust in financial institutions, and global markets?
Bitcoin 18:00
This segment shifts focus to bitcoin, examining its rise as an alternative to traditional currency and gold. We discuss the decentralized digital currency and its potential role in the future of money.
Rome setting the ratio to gold and silver 20:30
We take a historical perspective by exploring how ancient Rome set a fixed ratio between gold and silver and the impact it had on their economy. This serves as a foundation for understanding how civilizations have long intertwined precious metals with money.
What AI thinks 25:00
In this part, we explore the role of artificial intelligence in the financial sector and how AI might predict, influence, or even disrupt the traditional systems of currency and investment, including gold.
Eggs are super expensive 30:00
We highlight how rising prices on everyday goods, like eggs, are a reflection of broader inflationary pressures and discuss the real-world effects on consumers.
Inflation 33:30
A deep dive into inflation: what causes it, how it affects the economy, and why it’s a key factor in the devaluation of money and increasing cost of living.
Why are the banks buying gold? 39:00
We explore the recent trend of central banks and financial institutions increasing their gold reserves, examining the reasons behind this strategy and what it signals about future economic expectations.