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The Grant Williams Podcast

The End Game Ep. 12 - Fred Hickey

The Grant Williams Podcast

Grant Williams

Business, Business:investing, Investing

4.81.6K Ratings

🗓️ 2 December 2020

⏱️ 85 minutes

🧾️ Download transcript

Summary

Bill and Grant are joined by their mutual friend, Fred Hickey, author of The High Tech Strategist for over 30 years. Despite a couple of technical glitches, what follows is an extraordinary deep dive into Fred's process for producing his incredible monthly letter, an examination of gold's role in a portfolio and some detailed explanations as to why gold and, in particular, some of the companies that pull it from the ground have an important role to play in The End Game. Yes, Bitcoin is discussed. No, Bitcoin fans won't like what's said, but their time will come so don't let that distract you from what is an absolutely phenomenal contribution to our search for The End Game...

Transcript

Click on a timestamp to play from that location

0:00.0

Before we get going, here's the bit where I remind you that nothing we discussed during the end game should be considered as investment advice.

0:07.0

This conversation is for informational and hopefully entertainment purposes only.

0:11.0

So, while we hope you find it both informative and entertaining,

0:14.8

please do your own research or speak to a financial advisor before putting a dime of your

0:19.5

money into these crazy markets. And now on with the show. Well, welcome everybody, to another edition of the Endgame. We have another very special guest joining us shortly, but before that. It falls on me to introduce my partner in crime here, the great Bill Flackenstein. Hi, mate, how are you? this wonderful day after Thanksgiving?

0:53.2

Day after Thanksgiving, yes, coma day.

0:55.8

As it's a delivery for, I believe.

0:58.3

Food comma.

0:59.3

Yeah, exactly.

1:00.3

So, Bill, you know, we have our mutual friend Fred Hickey joining us in a moment.

1:05.0

And, you know, I think no matter which way we go with this end game discussion,

1:11.0

it feels to me that somehow some way gold has a role in the

1:16.6

end game whatever it may be whether it's a temporary stabilizing measure

1:20.0

whether it's as a return to a currency whatever whatever it may be, it's going to play a role in the transition from the now to the then, I think.

1:28.0

Because one of the unwritten premises that created the discussion of what will the end game be is because it is the consequence of the

1:38.4

abject lunacy or recklessness that has gone on for at least 20 years by these activist

1:45.1

Central Banks and if the thing the medium that they created sorry the

1:50.3

medium that they debased by all their money printing,

1:55.0

it would almost seem like something that's a monetary asset

2:00.0

that cannot be treated that way,

2:02.6

ought to have some role or ought to be some beneficiary

2:05.2

in the transition process.

...

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