The Flying Frisby - money, markets and more

Tom Winnifrith shows great insight into what really goes on at junior mining companies as he talks gold, equities and West Ham.Tom Winnifrith is a man of many talents. Foremost a writer, his blog is tomwinnifrith.com and  he owns the “Real Man Pizza Company”. His book, Letters From The Chestnut Café, is available here. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Ben Dyson, founder and director of , Positive Money , discusses the whys and hows of monetary reform. His new book is called Modernizing Money.Positive Money believes that the root cause of many of our current social, economic and environmental problems lies in the way that we allow money to be created. “We work to make the confusing world of money and banking much easier to understand,” it says. “When money drives most of the activity on the planet, it’s essential that we understand it.”This podcast can also be heard at Goldmoney - GoldMoney - the best way to buy gold and silver. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Jack England, aka Andy Duncan, talks about his libertarian, action adventure, swashbuckler, neck-gripper, killer, thriller debut novel, The Sword Of Marathon.Buy The Sword Of Marathon from Amazon. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Dominic Frisby talks to market historian, geologist and newsletter writer Bob Hoye of Institutional Advisors.They discuss whether or not central banks can influence asset prices and talk about the possibility of an impending credit crunch.Central banks believe that they can depreciate a currency at will and elevate asset prices. But in Hoye’s view, asset price inflation needs some kind of speculative element. Therefore asset prices show huge swings compared to the growth curve of credit. Also Hoye states that inflation should not be confused with a rise in consumer prices.Hoye points out that the stock market is currently signalling that we are in the midst of a post bubble contraction. The various measures undertaken by central banks in order to ease monetary conditions have not had significant results on the market, and Hoye expects another credit crisis. As indicators for an impending event, he looks to the VIX – which tracks S&P 500 volatility – and to the gold/silver ratio.This podcast can also be heard at Goldmoney - GoldMoney - the best way to buy gold and silver. It was recorded on October 18th. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

On his recent trip to London, trader Michael Hampton discusses some of the issues raised in Dominic Frisby’s book.They discuss the importance of sound money, the shrinking of the middle class and currency competition.Dominic Frisby states that the extraordinarily uneven distribution of wealth in country’s like Britain and America is a consequence of our system of money. Those who receive the newly created money first benefit over those who don’t – a process which compounds over time and leads to an ever greater concentration of wealth among the top 1%. They also point out that government redistribution of wealth – whether via inflation or through welfare payments – is placing incredible pressure on the middle classes, who are finding themselves squeezed like never before.Please pre-order the book here.This podcast can also be heard at the Goldmoney Website. GoldMoney - the best way to buy gold and silver. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

The cynic is back. Dominic Frisby talks to veteran private investor, Dr John Wolstencroft. The good doctor is in great form as he outlines some other ways to think about gold that have nothing to do with debt, money printing and QE.It’s all about asset allocation, see, and cost of production …This podcast can also be heard at the Goldmoney Foundation, an independent organisation established by GoldMoney - the best way to buy gold and silver. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Dominic Frisby talks to Athens resident, former bond trader and business man, Stratos Manolas.Greece faces a dire social situation with an unemployment rate of 25%, a rise in poverty, illegal immigration and capital flight.In the years leading up to the debt crisis, Greek politicians gladly took EU subsidies without assuring the productive use of those funds, which lead to an increase in debt and corruption. At the same time the regulatory setup in Greece has hindered the entrepreneurial spirit of the country. While the latest reforms were necessary and had good elements, Manolas criticises the implementation of reforms, and how the IMF forced them upon the people.The majority of Greeks still favour staying in the euro. Manolas states that a move to the drachma and the subsequent power to manage their own currency could lead to the postponement of necessary structural adjustments. They agree that the eurozone will continue to “muddle through”. Amid the gloom though, Manolas sees some positive signals for investing in Greece.This podcast was recorded on 14 October 2012.This podcast can also be heard at the Goldmoney Foundation, an independent organisation established by GoldMoney - the best way to buy gold and silver. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

On his recent trip to London, trader Michael Hampton discusses gold, the stock market and the financial outlook.Good news … though he sees a correction in the short term, Mike is bullish about gold and gold stocks.Here’s a link to his charts.Hampton believes that the upcoming presidential election in the United States is going to an big impact on both gold and the stock market. The seasonal cycle calls for a correction in the gold market in October that could result in a significant low as early as this week. Once that’s out of the way Hampton expects a pretty decent upside move in the gold price.The four-year cycle in gold indicates that the year after the US elections on average sees a doubling of the gold price.His outlook for the stock market is not as bullish , as the liquidity injections of central banks seem to have a diminishing impact after each additional round. Therefore owning call options on gold or gold shares versus puts on stock indices could be an interesting trade.This podcast can also be heard at the Goldmoney Foundation, an independent organisation established by GoldMoney - the best way to buy gold and silver. See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Dominic Frisby talks to author, Theodore Dalyrimple. Theodore’s work frequently appears in The City Journal, The British Medical Journal, The Times, The Observer, The Daily Telegraph,The Spectator, The Salisbury Review, and Axess magasin. He is the author of a number of books, including Life at the Bottom: The Worldview That Makes the Underclass, Our Culture, What’s Left of It, and Spoilt Rotten: The Toxic Cult of Sentimentality.In his writing, Dalyrimple frequently argues that the liberal and progressive views prevalent within Western intellectual circles minimise the responsibility of individuals for their own actions and undermine traditional mores, contributing to the formation within rich countries of an underclass afflicted by endemic violence, criminality, sexually transmitted diseases, welfare dependency, and drug abuse. Much of Dalrymple’s writing is based on his experience of working with criminals and the mentally ill.Please click here to find out more about the book or pre-order it.FOLLOW ME ON TWITTER See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Here is an extract from the audio version of my book, Life After The State.Please click here to find out more about the book or pre-order it.FOLLOW ME ON TWITTER See acast.com/privacy for privacy and opt-out information. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe