Cocaine Inc. (Pt 7) - The Dubai Gold Rush
The Story
The Times
3.9 • 1.6K Ratings
🗓️ 1 January 2025
⏱️ 41 minutes
🧾️ Download transcript
Summary
Undercover in a gleaming world where nobody asks questions.
David Collins follows the money trail through Dubai’s crowded gold souk to its luxurious office blocks.
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Transcript
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| 0:00.0 | My dreams, my retirement, my life. My Map is a range of ready-made funds managed by BlackRock, |
| 0:07.6 | making it easier for you to invest for the future you want, whatever that looks like. |
| 0:12.1 | Our funds use ETFs and index funds to keep costs low and are actively managed, |
| 0:17.1 | meaning the funds stay within their investment risk profiles. Plus, it really doesn't take much to |
| 0:22.1 | begin investing. Just get started and let the professionals do the rest. My future, my way, |
| 0:28.7 | my map. Ready when you are. Capital at risk, the value of investments and the income from them can fall |
| 0:34.3 | as well as rise and are not guaranteed. Investors may not get back the amount |
| 0:38.0 | originally invested. Diversification and asset allocation may not fully protect you from market risk. |
| 0:47.0 | Flower companies, food companies. Yeah. Yeah. Real estate. Yeah. Wow. A marble and ceramic trading company. |
| 0:56.2 | Oh gosh. |
| 0:56.8 | The list goes on and on and on, doesn't it? |
| 0:58.8 | I mean, there's well over a dozen, nearly a couple of dozen companies here is there? |
| 1:04.2 | I mean, this is one thing that I don't even think the NCAA are aware of the extent of, you know, how many companies and how diverse it was. |
| 1:13.8 | It really is. |
| 1:21.7 | Yeah, I'm a little bit nervous. |
| 1:23.8 | So I'm a little bit nervous. I've never done this before. |
| 1:27.9 | David Collins is speaking to a gold trader. |
| 1:32.0 | They met a few days before. |
| 1:34.6 | Can you just remind me? |
| 1:36.3 | So how much gold am I able to buy? |
| 1:39.0 | I think you said I could spend a hundred thousand dirham. |
| 1:43.7 | Is that right? |
... |
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