4.9 • 2.2K Ratings
🗓️ 27 June 2025
⏱️ 30 minutes
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0:00.0 | We had a few technical problems, but we are going to get into a very interesting interview with somebody who has written a recent book on gold. |
0:08.0 | And of course, we're very interested in gold. |
0:10.0 | And the whole world has always been interested in gold. |
0:14.0 | The person we're going to be talking to today is Chris Whalen. I've met him many years ago. |
0:18.0 | And guess what? We talked buy gold back then, too. |
0:21.6 | So, but Chris, welcome to our Liberty Report today. |
0:26.6 | Well, thank you, Doctor. |
0:28.6 | And you're correct. |
0:29.6 | In my new book, Inflated Money, Debt in the American Dream, we do spend a lot of time on gold. |
0:35.6 | Why? |
0:36.6 | Because it is slowly returning to center stage as the monetary asset of choice. |
0:43.3 | People don't realize that the dollar as a reserve currency after World War II was kind of an anomaly. |
0:51.3 | Everybody was broke. |
0:52.3 | They looked at Washington. |
0:53.3 | Washington had lots of money. And so we decided |
0:56.5 | to peg everybody's currency, paper currency, to another paper currency called the dollar. But ever |
1:03.2 | since the Chinese got very much back into the gold market about 20 years ago, and particularly |
1:10.0 | with the opening of the Shanghai Gold Exchange, |
1:13.0 | we're seeing nations start to buy gold pretty much indifferent to price. |
1:18.3 | They're buying volumes, and they're doing this as a reserve asset to back up their paper |
1:24.5 | currencies. |
1:25.8 | So I think gold is coming back, Doctor. I think, you know, it took us a few decades to get there, |
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