Bitcoin expert, gold bug and comic Dominic Frisby returns to the show to talk to James about - what else? - gold, crypto and comedy. Frisby explains why the price of gold is rocketing, warns of the confiscatory measures that are bound to be coming our way, and tries to persuade a sceptical James that the US is the best bolthole destination. They also talk about Frisby’s amazing success with his 5/2 diet (five days eating, two fasting) and about Dom’s Christian faith. James teases Dom cruelly about his latent Normie tendencies.Dom’s newsletter the Flying Frisby is a must-read for goldbugs:https://www.theflyingfrisby.comhttps://www.designmynight.com/london/bars/bethnal-green/backyard-comedy-club/dominic-frisby-the-mid-year-reviewhttps://www.frisbys.news/p/get-your-lols-lined-up-where-to-see↓ If you need silver and gold bullion - and who wouldn't in these dark times? - then the place to go is The Pure Gold Company. Either they can deliver worldwide to your door - or store it for you in vaults in London and Zurich. You even use it for your pension. Cash out of gold whenever you like: liquidate within 24 hours. https://bit.ly/James-Delingpole-Gold
↓ ↓ How environmentalists are killing the planet, destroying the economy and stealing your children's future.
In Watermelons, an updated edition of his ground-breaking 2011 book, JD tells the shocking true story of how a handful of political activists, green campaigners, voodoo scientists and psychopathic billionaires teamed up to invent a fake crisis called ‘global warming’.This updated edition includes two new chapters which, like a geo-engineered flood, pour cold water on some of the original’s sunny optimism and provide new insights into the diabolical nature of the climate alarmists’ sinister master plan.Purchase Watermelons by James Delingpole here: https://jamesdelingpole.co.uk/Shop/↓ ↓ ↓
Buy James a Coffee at:https://www.buymeacoffee.com/jamesdelingpole
The official website of James Delingpole:https://jamesdelingpole.co.uk
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There is no evidence whatsoever that man-made climate change is a problem, that it's going to kill us, that we need to amend our lifestyle in order to deal with it.
It's a non-existent problem.
But how do you explain this stuff to your normie friends?
Well, I've just brought out the revised edition to my 2012 classic book, Watermelons, which captures the story of how some really nasty people decided to invent the global warming scare in order to fleece you, to take away your freedoms, to take away your land.
It's a shocking story.
I wrote it, as I say, in 2011 actually, the first edition came out.
And it's a snapshot of a particular era.
The era when the people behind the climate change scam got caught red-handed tinkering with the data, torturing till it screamed in a scandal that I helped christen Climategate.
So I give you the background to the skull juggery that went on in these seats of learning where these supposed experts were informing us, we've got to act now.
I rumbled their scam.
I then asked the question, okay, if it is a scam, who's doing this and why?
It's a good story.
I've kept the original book pretty much as is, but I've written two new chapters, one at the beginning and one at the end, explaining how it's even worse than we thought.
I think it still stands out.
I think it's a good read.
Obviously, I'm biased, but I'd recommend it.
You can buy it from jamesdellingpole.co.uk forward slash shop.
You'll probably find it right.
Just go to my website and look for it, jamesdellingpole.co.uk.
And I hope it helps keep you informed and gives you the material you need to bring around all those people who are still persuaded that, oh, it's a disaster.
We must amend our ways and appease the gods, appease Mother Gaia.
No, we don't.
It's a scam.
I love Dellingpole.
Go and subscribe to the podcast.
I love Daddy Pole.
And listen on the town, subscribe with me.
Welcome to the Delling Pod.
With me, James Dellingpole.
And I know I always say I'm excited about this week's special guest, but before we meet him, let's have a word from one of our sponsors.
Have you seen what the price of gold has been doing recently?
It's been going bonkers.
And I hate to say I told you so, but I did kind of tell you so.
But if it's any consolation, even though I do have some gold and bought some a while back, I didn't buy nearly enough.
It's like when you go to the casino and you wait, you win on 36 and you only put down a fiver and you think, why didn't I put down 50?
If you've got that feeling that you haven't got enough gold, or if you haven't got any gold and you really feel you ought to get some, the place to go is the Pure Gold Company.
They sell gold bullion and silver bullion in the form of coins or in the form of bars, which you can either store in London or in Switzerland, or you can have it delivered to your own home if you can work out where to store the stuff.
I think that gold, what do I know?
I mean, I'm no expert, but I've been right so far.
I think gold and silver right now are an essential, maybe even more so silver actually, because silver, I think, has yet to take off.
Just my opinion.
I'm not a financial advisor.
I reckon that it's worth holding both of them at the moment.
And you don't want them, of course, you don't want to buy paper gold.
You don't want to buy paper silver.
You don't want to buy ETFs.
You want to buy the actual physical thing.
Go to the pure gold company and you will be put in touch with one of their advisors and they will talk you through the process, which you want to do, whether you want to have it in bullion or in coins.
I mean, the advantage to having coins, because coins are considered, well, Britannia is anyway, considered legal tender, which means that you don't pay tax, weirdly this, but even my accountant didn't know this.
You don't pay tax at the moment on your profits.
Go to the Pure Gold Company.
They will talk you through all these things and follow the link.
Follow the link below this podcast and it will give you all the details.
Go to the Pure Gold Company and they will give you what you need, be it gold or silver.
Do it before it goes up even more.
I think you'd be mad not to.
Well, we have much to talk about, Mr. Dominic Frisbee.
We do.
Do you realize, I know I always say this to you, but you are, you've been on this podcast more times than any other special guest.
The guest has been on more than you, but the guest is Dick.
Because you go back to the days when I was a normie and you are the only survivor from that era.
Is Tommy Robinson a normie?
Yeah.
Yes, totally.
Does he not come on your podcast anymore?
I wouldn't have him on.
He's run by Israel.
I suppose you'd call him a change agent.
For example, I don't know whether you're aware of this, but it's kind of the windows doing a funny thing.
the windows doing a funny thing your garden looks beautiful in the background james Sorry?
I said, your garden looks beautiful in the background.
Well, it does it, though, actually.
This is a very bad time of year for gardeners.
I'd say the best time of year for gardens is about May when you get all the Irises and stuff and you get a reasonable amount of rain.
But then you get something called the June gap.
And then you get sort of some summer flowers in July.
But by August, everything's looking a bit sad.
Yeah, and it's hot and dry, but I can see some yellow flowers and some red flowers over your shoulder.
And they're sort of, the glass has made them go slightly glowy.
And so it looks very nice, even if it's not nice in your view.
They do look nice.
And I agree.
They cheer me up.
We did actually, we have been wondering what to do with that border.
And we had this gardener around, you know, a sort of posh gardener who does posh people's gardens.
And we said we'd like this border which is low maintenance because we just haven't got time.
And what do you recommend?
And he said, why don't you plant it the whole thing with this rare form of lavender and have some rosemary.
So the whole thing would be just a wall of lavender and a wall of rosemary.
And I thought that would be really cool.
You'd have lots of sort of bluey, sort of purple flowers.
But actually, I think it would look a bit too austere, a bit like a bit smart.
And I'm not sure that that's necessarily where I am.
Yeah, well, too much lavender can be a problem, but you do attract the butterflies.
And I gather that by having lavender, you not only do you attract the butterflies, but you detract other unwanted insects.
Oh, okay.
There's a gardening tip tip from I don't think people are listening to us for our gardening insights.
No, possibly not.
I was going to tell you about the Tommy Robinson thing.
So you're probably not aware of this.
Let me be polite.
You're a semi-normie.
Yeah, you were very like when nobody else would talk to Tommy Robinson, you used to interview him all the time.
And, you know, I discovered him through you.
And you're going to tell me I'm a normie or something else, but I think he's a hero.
And were it not for you interviewing him, I wouldn't know about him.
Yes.
I probably contributed to the creation of Agent Agent Robinson.
So the function of Tommy Robinson right now, the powers that be, the deep state, whatever, is currently very, very keen to engineer some riots.
And you know this because if you read the newspapers, you will see every other story is talking about this simmering tension and the commentariat are talking about it.
There's going to be a revolution.
it's everywhere what they're doing i tell you an observation I just said this casually to my son yesterday.
And we were talking about, you know, this very subject is there, are there going to be riots?
And I said, well, you've got one more week to do it because the football season starts next week.
And if you look at when there have been riots in the past, once the foot, they're never after the football season starts.
Oh, interesting.
Yeah, they're always in August before that major distraction.
So now you've narrowed down the window of opportunity.
So the reason that they want riots, and if they don't get them, they'll fake them.
But probably what they will do is there will be a false flag, possibly a major false flag, a horrible incident in which somebody or other, maybe Hamas is blamed or something like that.
This is what Gareth Icke was saying.
I mean, I don't necessarily agree with what the Ike say about that a lot, but he's definitely onto something there, that there will be some kind of incident design because what they want is all these migrant hostels, all the stuff about immigration, all this, the ongoing thing about Palestine action and stuff is designed to divide the populace into raging camps, each wanting to have a go at one another.
And then they'll get their riots and then they'll introduce stricter legislation and clamp down, which is what they're heading for.
So I have everyone who's awake knows this.
I mean, I accept that divide and conquer is a long proven and effective tactic.
But I actually think one of the reasons that society is so divided and everything's black or white is that so many people are getting their news and getting their world view through social media.
And social media is largely designed by people who are somewhere on the autistic spectrum.
And autistic people tend to see the world in a very black and white, uncompromising way with very little nuance or grey.
And that worldview is being imposed on the rest of us because, as I say, we're looking at the world through the prism of social media.
That's why it's a prosaic explanation, James.
And you're going to tell me that he's suckers and a fool for thinking that.
Yeah, you are.
But that doesn't mean we don't love you.
Funnily enough, that's my next piece I'm going to write.
It's called something like, Why I No Longer Talk to Normies, because Normies will try and Norm explain why there's a perfectly rational explanation for all this going on.
Those of us who are awake again.
You just really haven't a clue.
It's about it's like one of those like a child trying to, you know, there's those boxes that one-year-olds have where they try and fit the square into the into the and the round thing into the round hole.
And it's a bit like a child like that trying to explain to you how the world works.
And you're going, yeah, but you're really the kid.
You really haven't a clue.
I'm not going to.
Okay, well, you might be right, James.
Let's not, like the last podcast, we descended into a sort of a minor tiff, a lover's tiff.
And a number of people contacted me afterwards and said how entertaining they found it.
maybe we'll end up doing that today i don't know i don't like i don't like blood sports i i i i It wasn't blood sports.
We were just sort of, you know, because you were saying I had to have an opinion about the moon landings and the 9-11 and all of this.
And I was saying I don't have an opinion.
And you wouldn't accept the fact that I didn't have an opinion.
And I think it sort of went from there.
Maybe that's how you characterize the debate.
Yeah, that's my version of the story for sure.
Yeah, exactly.
I probably disagree with you.
Of course you do.
Before we go on, I want to get the before we go on to the important part of this podcast, which is plugging Dom's latest book.
Yeah.
I'm going to call you Stakanov.
You're prodigious work rate.
You're always churning out stuff.
I am driven and I produce a lot.
I am productive.
Why are you so driven?
Is it from your dad?
I think it's because I went to a very competitive public school.
And a lot of people from my school have gone on to be incredibly successful and incredibly rich.
And I feel the need to achieve similar levels of success.
Otherwise, I feel inadequate.
And so that sort of drives me on and on to keep producing material.
If I were to say to you now, I can make you as rich as your, I don't, I doubt he was your classmate, but somebody who was at school with you.
Yeah, there was a guy in my year who was like, you know, he's like a partner in Goldman Sachs and George Osborne was in the year below me and that kind of thing.
I was referring to George Osborne.
So George Osborne has got these since since since he left being Chancellor of the Exchequer, has got these extraordinarily lucrative gigs where he gets 500,000 a year for one day a week working for BlackRock or Big Satan or something.
What I was going to ask you is, would you, if you could be as rich as George Osborne, would you do the things that he's had to do to be as rich?
No, and I don't think he is that rich.
He's probably like...
He's richer than you.
probably worth 20 30 million something like that that's quite i mean that is that is rich Unless you're worth 30 million, are you?
I'm not going to say what I'm worth, but like that.
He's not like, you know, hundreds of millions rich.
I think Nick Clegg might be, by the way, because I think he took a big payoff when he left Facebook.
Oh, yeah, yeah, no, sure.
But the connection between, as you know, the connection between money and merit is non-existent.
The people who get that rich don't do so by being genius entrepreneurs or whatever.
elon musk for example did not get to be elon musk rich by by being just really really next level clever he got there by being bloodlines and competitive and hard-working and ruthless
no he no he didn't i will say james i'm going to give you i'm going to cut you some slack and say two things two words of praise to you the the first thing is um throughout your life one thing i've noticed throughout your life for as long as i've noticed you and known you which would be since i guess sometime in the noughties i first discovered you you have always been early and in terms of your own personal success um you
know in fact anybody's it's it's often um a mistake to be early to a thing uh because you know the idea still isn't accepted or mainstream and so you know and toby robinson's mistake if you don't buy the fact that he's an agent of israel is that he too was early onto some of the things that he said so i think you know a lot of the time you are early so it may end up proving that you're right and then when i you would um giving that explanation of you know normie
explanation normsplaining when you know once you see money and the way the money and banking work and fiat money once you hit and then you start hearing economists start using economic language to explain this or that happening in the economy you're once you're a sort of golden seal or golden bitcoin buff um you sort of again you just dismiss those explanations because you just see the world through a different lens and obviously the lens we all think the lens that we see the world through is the right
lens but you know it's all at the end of the day it's all our own little story well this is why i call you a semi-normie because because you being a gold bug and being a
what's the equivalent phrase for a crypto not i guess a bitcoin bug is the phrase i use but a bitcoin bug yeah you're you're you're you're with a lot of us down the rabbit hole at least on on that one um you know should i tell you a story um please i think you'll like i was um i went to a this sounds like a massive name drop and i don't intend it to be but i went to um a party once at michael saylor's house you know who michael saylor is i've heard of him he's like yeah he's a big bitcoiner and
he's the most um eloquent guy about bitcoin and um you probably remember when i read my wrote my book on bitcoin i spent ages um discussing uh who satoshi nakamoto is and i want when i wrote it i wanted to be the guy who cracked the mystery of who satoshi nakamoto is and i must have dedicated 70 or 80 pages to it and i you know read every word he wrote and compared his prose to other people's and you know did did loads of research you know
investigative journalism kind of thing
and so every time you go to a sort of bitcoin meetup or you meet other people into bitcoin and you you're talking into the early hours and you're having those kind of conversations maybe over a glass of wine or something the conversation of who is satoshi always comes up or comes up a lot and one person i think it's this person and somebody else i think it's that person and i um i'm not so on top of the subject as i was but for a long time i was able to go no it's not that person because of xyz and that person was in this place at that time and satoshi posted this thing and
it couldn't have been him because of that and that person's handwriting doesn't match up and i was able to just you know um debunk every suggestion as to who satoshi is anyway i was at this party at michael saylor's house and i just was sitting next to some dude american guy old boy and um he he just uh turned to me you know this same conversation came up and he just turned to me and said uh have you considered the possibility that it was put there by aliens
or by god and that it would to give humanity a way by which to save itself and i was like oh no I hadn't thought about that.
And of all the explanations I've heard as to who Satoshi was, that is actually one of the, you know, one of the Occam's razor one.
It's one of the ones that makes most sense.
That Bitcoin was put there by God to give humanity a means by which to save itself.
And I thought you might like that idea.
I think God would have would have done it through a human agent, though.
He's not really.
Yeah.
Maybe.
By the way, I like your top.
Thank you.
Is it where's it from?
I think it might be from a shop.
What's it made of?
I think I might have bought it.
My mum has a house in California and I might have bought it when I was in California.
And I think it might be from TJ Maxx, which would be the case.
He came in equivalent.
Yeah, basically.
They have nice t-shirts.
The one in Parsons.
So it's obviously quite plebey.
Cheap.
It's not.
I thought you were going to say something like Laura Piano or something.
No.
But it's not.
No, no, no.
What's it made of?
Cotton, I think.
Cotton.
Do you know why?
Do you know why I'm wearing this shirt?
Because you are an academic and you still have your shirt from the days when you were a geography teacher.
I don't know.
Is this what geography teachers wear?
Do you reckon?
This is a kind of geography teacher's summer.
Oh, that's interesting.
No, I'm wearing it.
I mean, apart from that, I quite like it.
I'm wearing it because I've realized that colors have frequencies.
Oh, yeah.
And I've been advised that one of the colors I need to have in my that I lack is this one, red.
And there were some other ones I'm missing from my color diet.
One of them is orange.
And one of them is turquoise.
And what it made me realize was, remember that awful, awful shell suit that David Icke used to wear, the turquoise shell suit.
And you think about what Hare Krishna's wear and Buddhist monks that they wear orange.
And I realize that although I don't necessarily share their religious outlook, they're definitely onto something.
They've worked something out on that score.
And we should be alive to this woo stuff because it's real.
There's a lot of the guy I write the music with, who's probably about 10 years older than me, very religious man.
And, you know, he's quite dismissive of Buddhism.
He just says it's sort of Christianity for trendy people.
But nevertheless, there's a lot of crossovers between Buddhism and Bitcoin.
21 is a big number in Bitcoin, and it obviously is in Buddhism as well.
And, you know, if you have an intention, you're supposed to say it 21 times.
And obviously, the colour orange is another one.
But I think, yeah, we're getting our color advice from the same person.
Well, indeed.
And I take this stuff seriously.
And I wanted to say before we move on, to thank you for helping make my big birthday bash such a tremendous success.
It was great having you go on before me and kind of jolly up the crowd.
My warm-up man, weren't you really?
With your jolly songs, which are funny.
I mean, they really are.
Thank you.
And there was a song I wished I did.
I only occurred to me to do it when you started talking about the Illuminati, but I'll do it.
I'll do it, you know, the next one.
But I absolutely loved it, James.
And your audience is just such a lovely bunch of people.
And it was a pleasure to come up and see your house and be on the premises.
And I loved it.
So thank you for inviting me.
Since you raised the subject of the Illuminati, you've got this book, which I've been enjoying very much.
Oh, good.
Thank you.
The Secret History of Gold.
When you look at that, does it come reversed or does it look...
No, I can read it.
Okay.
So I haven't obviously had time to read it cover to cover, but I was dipping in and out, and there's lots of entertaining stuff I want to talk to you about.
But Montague Norman crops up quite a lot.
He does.
And he's the governor of the Bank of England.
And I...
I can't decide if he's a good guy or a bad guy.
That...
That's a really good insight because neither can I. I mean, he's obviously a bad guy in the sense that he is in it up to the neck in all manner of nefarious stuff.
I think he's connected with the Milner Group, for example, who are dodgy as.
The Milner group who basically started the First World War.
Montague Norman, I'd always had him as a complete wrongen, but it turns out you reveal that he was actually a great believer, unlike Keynes, for example, who was also a complete wrongen.
That Montague Norman was a believer in the gold standard.
Very much so.
You know, he thought it was one of the pillars of a free society, you know, along with free speech and property rights and those kind of things.
And he was a big sound money guy, and he was the guy who took England back onto the gold stand in 1925.
And then when we left the gold standard, he was actually governor of the Bank of England, but he was ill.
He couldn't take the stress.
So his number two was the guy who actually took us off in 1931 after the Wall Street crash.
But yeah, I mean, you know, and he set up the BIS Bank of International Settlements, which was probably not the most reputable institution in the world.
No, that's Illuminati Central.
That's how that's one ring to rule them all.
And they were still taking Nazi gold in 1945.
They were pretty bad.
I don't know why you say that as though that's kind of an anomalous.
I mean, look, the whole stuff about the Nazis is just another style.
They were running...
These people were running the Nazis.
The Nazis were just one of their front operations.
It wasn't like this bad man called Hitler came along and unexpectedly he set up this evil party that and then he started this war.
No, the central bankers funded this war.
It was always part of the plan, like the First World War.
But I don't know whether you're there.
You're not quite there yet, are you?
Not quite.
No.
That's all right.
Anyway, Montague Norman, interesting.
I think you make a very, very good point.
And this is one of the reasons why I love you, because you drive home this point again and again in your various books.
That there is nothing that a corrupt, high-spending government wants or needs more than a fiat currency unshackled from the gold standard because gold standards, the gold standard is what keeps any economy honest.
Yeah, I'm actually going to say something a little bit contradictory is the word gold standard, it's kind of, you know, there are different gold standards and it's misunderstood.
So when England was on the gold standard in the 18th century and then again in the 19th century, it meant, you know, that you could go into the Bank of England with your note and redeem it for gold.
But gold was actually in circulation and so was silver.
The gold sovereign, here, let me show you a gold sovereign.
In the 19th century, there's a gold sovereign.
There's a Victorian gold sovereign that I'm holding up there.
And it's that size now, 650 quid.
And here's the irony.
That was the old pound coin.
So it now takes 650 pounds to buy the old pound coin, which shows you how much it's been debased by.
And that would be 22 carat gold.
So 92.5% purity.
They put a bit of copper in it to make it harder.
And it's got, you can see the famous engraving.
I'll hold it up to the camera of St. George on the front there.
But anyway, you know, I mean, you wouldn't, in the same way, you wouldn't probably carry 650 quids worth of cash around with you that often.
You know, you might not have carried a pocket full of gold sovereigns around from you unless you were extremely rich.
But nevertheless, gold was in circulation and people were handling it in the 19th century.
But in the 20th century, when we went back onto the gold standard after World War I, they removed gold from circulation.
So even though nominally the pound and the various other currencies were interchangeable for gold, ordinary people weren't holding gold.
And of course, in 1932, Roosevelt, who is, you know, evil, baddie, genius, Illuminati, Mark 10, went and confiscated Americans' gold.
And this was in 1932.
And so from 1932 to 1971, America was nominally still on the gold standard, but ordinary Americans couldn't own gold.
So, you know, a gold standard where people aren't actually handling gold.
It's like a, you know, a library where you can't touch the books is a line I use in the book.
And so it was a kind of fudged, lying, improper gold standard.
And that's why it fell apart, because it wasn't true.
But in the 19th century, in the one that Newton put us on, which was accidental in the 18th century, he tried to put us on a gold and silver standard, but all the silver kept getting exported to the continent and then to India and China because it fetched a higher price.
So the gold standard that the UK was on was accidental.
But again, you know, the gold guinea was a coin and there were silver coins.
So even though there was paper representing these metals, we were actually handling the metal.
And so, you know, there was actual gold and silver in circulation.
And gold, you know, if I were to give you this coin now, I would, you know, this coin carries no liability.
It doesn't carry the liability of a bank or anything or anyone.
It's the wealth is here in the gold coin.
So if I pass it to you, I'm literally transferring the wealth to you directly.
Whereas if I sent pass you a note that is interchangeable for gold, you know, that's got somebody's liability to it.
And so if I were to send you, you know, a digital token that represented gold, you know, a gold cryptocurrency or something, then it's not wealth in and of itself because you rely on the third party to administer the transfer of the gold.
So It's like an exchange system built on top of a store of wealth, whereas this is the store of wealth itself.
And one of the reasons why, you know, everyone says we should go back to the gold standard.
And in many ways, we should, but which one?
And are we going to go back to a time when people are going to be carrying gold coins around with them?
Well, they're not because people, maybe we should, but we won't because people just don't carry cash anymore.
Yes.
So it's just, you know, the world has moved on.
And maybe the fact that people don't carry cash anymore is an Illuminati, whatever.
It probably is.
It is.
Or they're exploiting it or something.
But it is also just convenience.
It's just more convenient to just use your phone.
So that's how they get to you, of course.
Of course.
That's how they persuaded everyone to use their photo.
Like I was in Devon earlier this year.
in sulcombe and there is a ferry that carries you from the ferry in um to the other side of the estuary to um east east portal mouth where the best amar estuary Sorry?
Is that the Tamar estuary?
No, I think that's Tamar's in...
Sorry, I'm thinking of Sorghum.
bigger bottom it would be the thing that might be i think no it doesn't I was going to say the Tarka estuary, but anyway, it doesn't matter.
The most famous thing about Sorcombe Harbour, or rather the entrance to Sorcombe Harbour, is that it has a sandbar across it with some rocks and stuff, which at low tide you can go and play on and get surf.
And that was the subject of Tennyson's poem, Crossing the Bar, was inspired by the bar in Sorcombe Harbour.
Anyway, I was on the boat.
And I mean, Sorcombe is normally central.
It's full of money people who are just completely invested in the Beast system.
vote Lib Dem on this well it doesn't matter who you vote for you it's all it's all the b system so so the um this chug chug boat which takes you across the it costs i think two pounds seventy um for an adult one way And you can still, thankfully, pay in cash, but almost nobody does these days.
Everyone, everyone gets their phone.
They don't even use a card anymore.
They just get their mobile phone and they go bleep.
And they don't have to think about it.
And they don't want to think about it.
And these are the people who've enabled this system where we are going to have our cash taken away from us because they're too lazy-assed to carry change around in their pockets because they're worried about maybe being on the beach and having these coins spilled out.
So, I mean, it must be Grimm being a metal detector, a treasure hunter now, because back in the day, you could, in the evening, you'd see people with metal detectors searching.
What are they going to find now?
There's no, there's no phones, maybe a ring.
Yeah, well, I agree, James.
And, you know, I confess I'm as guilty as the next man.
I very rarely carry cash around with me, even though, you know, I'm one of the go-to.
If you're talking about the evils of CBDCs and the evils of a cashless society and all the control that it will give the government, so I'm sort of one of the go-to guys that you speak to.
It's one of my sort of subjects.
But yeah, even me, who is aware of all of this, I'm just too lazy half the time.
I mean, I've got a load of cash that I keep at home from when I'm paid in cash and that kind of thing.
But, you know, I'm not a cash user.
What your audience, by the way, are very good because most of them do carry cash.
And so good for them.
Well, I did make a point of having a cash bar because I had one event in London where it was in a church and I was trying to think where to have the drinks afterwards.
We found this pub and it was card only and everyone was saying, look, what's going on?
You can't have a cash-free pub after a Dellingpod event.
So I made sure that I had a venue with a cash bar.
That sovereign.
Yeah.
How much was a guinea worth, by the way?
Relative to a signal?
Well, guinea was the sort of technically a pound was 20 shillings.
And a pound was a unit of account more than it was a pound of silver.
But people wouldn't carry around a pound of silver.
So a pound of silver was a unit of account, but it would be 20 shillings.
And the guinea was 21 shillings.
But it sort of varied in price slightly depending on the silver ratio.
But yeah, a guinea would be 21 shillings.
And I think that's why they use it in they still use the guinea as in racehorses when they're auctioning horses because 20 shillings goes to the vendor and one shilling goes to the salesman.
It's a commission thing.
How many guineas in a sovereign?
Well, a guinea, a sovereign would be 20 shillings.
So a sovereign is slightly, would be slightly.
Oh, see, so a sovereign is the same as a guinea is even more than a sovereign?
Slightly.
But what happened was we were on the guinea was the you know the pound coin, although it was a little bit more than a pound.
And then Pitt, William Pitt, who is definite Illuminati, sent you can find all these people through history.
In order to prop up Napoleon's enemies, he would send them gold.
And they had the coins, the guineas he sent, the guineas were called guineas because the gold came from West Africa.
Although in fact, most of the gold that made the guineas actually came from Brazil, bizarrely enough.
There was a huge mining discovery in Brazil in the early 18th century by the Portuguese.
And the Portuguese took their gold and made Moi Dores with them, the Portuguese gold coin.
But the Portuguese would then spend their gold coins buying British goods.
So a lot of the gold that was mined in Brazil via Portugal made its way to the UK, something like half of it.
Portugal in the UK had lots of trade in those days.
And so a lot of the guineas, even though they were called guineas after Guinea in West Africa, the gold actually came from Brazil.
And that Brazilian gold actually enabled Newton's gold standard because there was so much gold, it didn't matter that all the silver was leaving.
And so the gold standard was Newton's invention, but it was accidental.
But anyway, William Pitt would send loads of gold coins to Europe to prop up Napoleon's enemies because he didn't want this sort of revolutionary fervor that had gripped France taking place in the UK.
And they became known as the Golden Cavalry of St. George after the St. George engraved into them.
And he sent so many of them, the bank ran out.
And so the Bank of England ended up saying to Pitt in 1798, look, we haven't got enough gold and silver to redeem paper.
Can we come off the gold standard?
And Pitt said yes.
So we actually came off the gold standard.
But in practical terms, we came off the gold stand in 1798 to print the money to pay for Napoleonic wars.
And then there was a great recoinage in 1816.
And that's when we actually went back on the gold standard 1821, but the recoinage was in 1816.
And that's when the sovereign became the sort of the main currency.
And the sovereign was sort of the pound coin after that.
The most successful coin in history, the sovereign.
Billions of them have been minted.
I've got quite a nice coin here that I'll hold up to the camera, which is this is a Byzantine solidus.
And you might know that the word soldi in Italian is money, and that would come from the solidus, which was the Roman coin that replaced the aureus.
And I'm holding it up there, and that's about you know, maybe the sovereign's about a quarter of an ounce, seven grams or so.
The soldier here in my left hand would be about four grams.
So it's a bit lighter, but its purity is greater.
It's 24-carat gold.
And you hold it up to the camera.
It's just an absolutely beautiful coin, and it's soft.
And the reason you might have seen like, and well, here's a very beautiful thing.
You can see how shiny it is.
Yes.
Gold never loses its shine.
That shine is permanent.
That's why we always associate it with the sun and with the gods.
It never loses its shine.
And, you know, I can beat this gold into, you know, leaf that's just one atom thick, or I could stretch it into a wire maybe half a mile long.
But the one thing is incredibly malleable.
But the one thing I do is I can't destroy it.
You cannot destroy gold.
It's permanent.
You need like nuclear explosions.
And even then, they're not entirely sure they can destroy it.
Now, and they're not real as well, Dom.
Okay.
Well, there you go.
Now, we're going to go.
There's two possible explanations for how gold is formed.
And we're going to go with divine creation because that's the one that you and your viewers will like.
So the other explanation is interstellar collisions, but we'll go with the divine creation.
And so if you think gold was created by God before the solar system was created and before the earth was created, and he this big bang explosion and all the dust was sent into space by God and then the dust gradually compressed together and that's how the gold made its way into the earth's crust.
Just bear with me, but just buy it for me just for the sake of argument.
But anyway, but it means, James, it means that the gold in the Earth's crust has been there since before the Earth was formed.
Because you can't destroy it.
Six and a half thousand years ago.
Well, however many thousands of years ago.
I thought there was another civilization that preceded us that was better.
I don't believe that.
That's norm taste.
Anyway, but so it's you know, this little bit of gold here, it's it's been around since before the earth was formed.
And so to touch this piece of gold is probably the closest you will ever come physically, not ethereally, physically, to touching eternity.
I think that's quite a profound thought.
When did you get sorry?
How old is that?
Is the Byzantine one?
This Byzantine one is 600 AD.
It was minted.
So nearly 1500 years old.
That's that's is that worth more than the um the sovereign?
Uh I bought it for 340 quid a few years ago.
So it's probably worth it's probably worth about the same.
Um, but you find the weird thing about gold is that ancient gold relics often trade at very little premium to the actual gold value.
Um, and what you found with you know, people have made beautiful things from gold, the South Americans before the conquistadors being a prime example, they made beautiful things from gold.
And the South Americans just took it and melted it down and sent it back to Spain, ascribing no value to the artistic creation.
And so ancient things that have been made with gold, they just tended to be melted down and just sold as bullion.
It's a great shame, but art made of gold doesn't survive in the same way that gold survives.
Yeah.
The Victorian sovereign you've got.
Yeah.
What could that have bought in its day?
Well, I don't quite know the answer to that.
But what I can tell you is if you look at, I've got a chart of it actually in the book.
I just think it's one of the most fantastic charts.
Is if you look at it's I've got a chart of consumer prices since 1695.
And I've also got a chart of consumer prices in the 19th century.
And so you start with that recoinage, the consumer price index.
And between 1816, the Great Recoinage, and 1850, consumer prices more than halved.
They didn't go up.
They came down.
So people working, their money bought them more over time, as it should, because we get better at making stuff.
And so its price comes down as we get better at making stuff.
It's only fiat money where prices keep going up relentlessly.
Then after the gold rushes and also the American Civil War, prices went up again.
And then from about 1865, whenever the war ended, something like that, they halved again by the end of the century.
So the overall trend of consumer prices was that your money bought you more.
They more than halved over the course of the 19th century.
And that's one of the reasons that the 19th century was such a golden age for Britain and Western Europe generally, because it just saw the rise of the middle classes.
And people worked and they didn't have their wealth stolen from them.
And they would have felt prosperous.
They would have been a lot of people.
And they would have felt prosperous.
And the first thing you would spend money on after clothing, food and shelter would be self-improvement.
And they educated themselves long before education was statutory provided by the state.
The people took care of that.
And yeah, it really was a golden age for Britain.
And it's because it was all built on strong, sound money.
And yeah, it was a wonderful time.
And now we've got the opposite where people just getting into more and more debt just to make ends meet.
It's terrible what we've done.
No, let me hold up a copy.
Do you like the cover or do you think it looks?
I wanted to put loads of code on the coded messages on the gold bar, but they wouldn't let me.
No, no, no.
I think people just like looking at gold.
Yeah.
And having a golden shortage and minimalist.
But it's not a bling shininess.
No.
That's the thing.
It's not a vulgar shininess, the gold thing.
It's not.
Yes.
Minimalism is often a sign of confidence, isn't it?
So it looks nice and confident.
I don't know what the fake gold, gold effect things look much, much, it's got a horrid, horrid.
Yeah.
I doubt this is actual gold leaf they used, but anyway, you never know.
Yeah, I was enjoying that.
The charts, the scariest chart, I think, in your book is the one that shows the decline of what is it?
Oh yeah.
Median, Median annual UK median annual earnings measured in gold ounces 1968 to 2024.
Can I just confirm we're recording, are we?
Yeah, yeah.
Okay, good.
Yeah, I mean, it's just, it's so depressing.
It just shows you how earnings, you know, when you measure things, like we use we use fiat money.
We use the pound and the dollar as our unit of account because you know we have to hand in our accounts in dollars and we have to do our taxes in dollars and pounds and so on.
But actually the dollar and the pound are crap units of account because you need a unit of account that is constant and they're losing their value all the time.
So if you want to look at historical prices, for example, you have to use inflation in adjusted pounds and dollars and nobody knows, nobody can agree on what inflation actually is.
And gold is the most perfect unit of account because it never changes.
It's been constant since, you know, as we said, since the beginning of time.
So we should all use gold as our medium of account, but we never will unless we go back to some kind of gold standard.
But nevertheless, just because it's not common to use gold as a unit of account, we should all do it because it tells the truth.
And one of the truths that it tells is that if you measure wages in gold terms, you know, wages have gone up like 20 or 30 times since the 70s.
Whoever's like, great, wages have gone up.
But if you measure them in gold terms, they've been falling since the 1970s and they're at their lowest point ever.
And so, you know, that's a very depressing fact.
But it also tells you why nobody can afford a house and nobody, everyone's struggling to keep up and nobody can save any money and so on and so forth.
But yeah, it's a really depressing chart.
Median earnings measured in gold.
So you've got the Y axis goes from naught to 125.
And in 2000, UK annual earnings measured in gold ounces is 100.
And today, people are going to find this so shocking.
Today it's 25.
So we are one quarter of what we were in 2000.
And it's no wonder people are feeling the pinch because the pinch is actually not imaginary.
Yeah.
I mean, I will say it's a slightly illusory number because in 2000, gold was so low.
And gold is at all-time highs now.
And, you know, it's just after Gordon Brown had sold and it was the end of a 20-year-long bear market.
But even so, if you were to say compare it to like the mid-90s, we're still at 50% of where we were.
Yeah.
So it's just awful.
And it's only going to get lower.
For Americans, it's even more dramatic.
I mean, so the Y-axis goes up to 250.
And in 1970, it was what, about 220.
Yeah.
And now it's around the 50 mark.
Yeah, I would say it's at 40.
But again, you know, that 1970 figure is slightly illusory because gold was artificially suppressed at $35 an ounce and yada yada.
But even so, like, even if you go back to 2000, you know, it was at 150 and now it's at 40.
Wages have fallen by more here in the UK because the pound has been so crap.
But anywhere you go, you know, people wonder why the world's, you know, there's so much inequality.
And look no further than our system of money.
Creates and the other chart, I think we were talking about this before I had to go and change offices, but the consumer price index you mentioned, 1694 to 2011.
Yeah.
And it's extraordinary how unchanging it is from 1695 until about 1940.
And then suddenly, it's an actual hockey stick, isn't it?
I mean, that is a real hockey stick.
Yeah.
If you looked at consumer prices from 1695 to 1900 and you only saw that, then the graph would look completely different because the y-axis would be completely different.
And there are some ups and there are some down times.
But yeah, the initial spike is 1914.
Obvious reasons, First World War, Europe, most of Europe leaves the gold standard.
And then it creeps up all through the 20th century and then it goes nuts.
I can tell you the exact date.
It's 1971.
Well, I can't tell you the exact date.
I've got to look it up.
But it was the date that America left the gold standard in 1971.
But, you know, it's like you can trace it back to the day.
Unless you want to read it, I just want to read one of your killer paragraphs from your book.
I would like you to read it because that will be flattering to my ego.
Okay.
It's page 198.
And, well, you comment, no wonder the salaried classes feel they are being left behind.
They are.
Their purchasing power has plummeted.
And then you, then you, I love it when you do this.
You go into one of your dominic rants.
All the injustices I have just described, from short-termism to inequality to shrinking family size, are inevitable under a fiat system.
So is the expansion of government.
When one body in a society has the power to create money at no cost to itself, it is inevitable that body will grow disproportionately large.
Thus, all the problems of excess government, waste, incompetence, corruption, crony capitalism, eroded privacy and liberty, unaccountability, bureaucratic overreach and excess regulation, manifold businesses built around wealth extraction rather than wealth creation, even war, will inevitably grow too.
War.
That was Cobden's argument, wasn't it?
Yeah, and he was locked up.
He was a hero, wasn't he?
He was.
He was a good guy.
Paper against, what was it?
Paper against money or whatever the thing he published was.
Great guy.
Because that was when we first sort of tinkered with this system, wasn't it?
To pay for the Napoleonic Wars.
Yes.
That's when we came off the Gold Stand and he was saying, don't do it, don't do it.
And he published pamphlets.
It was very similar to what's going on now with the suppression of free speech.
And rather than attacking the cause and the reason that people are angry, they attack the people who expose why people are angry.
But yeah, he wrote these pamphlets exposing the fraud at the heart of money.
And prices doubled when we left the gold standard in 1798.
They doubled.
Inflation was rampant.
It was like it was during COVID, but worse.
And he wrote these papers and so on.
And they started, so they introduced a tax on pamphlets so that people couldn't afford to print them.
Yeah, they did.
What was the pamphlet tax rate?
I don't know what the rate was, but they just made it uneconomic for people to publish pamphlets to try and put a stop to them.
And pamphlets were like, you know, they were the Twitter or the whatever it is, Telegram of the day, you know.
And they put him in prison for it in the end.
Yeah, he ended up in jail, yeah.
And he was right.
But for what?
Sedition.
For his criticism of the government.
They must have had some fancy sounding name that made it.
He's saying stuff we don't like, therefore we're going to bang him up.
They must have found some.
Yeah, it must, I don't know, James, because I don't know the history in that much detail.
I had it in the book at one point, and then Penguin the book was too long and we were overrunning, so I took it out.
So, yeah, I now wish I'd put it in now.
You mentioned it.
was in daylight robbery but i do know he ended up in jail for his trouble um one of my favorite you couldn't criticize the state in the same way that you can now and get away with it well Well, I don't know whether you can recriticise the state.
They find different ways of getting you because they're all the same bad people.
It doesn't go away.
One of my favourite little factoids in your book is when you talk about the gold rush, not the Klondike one, but the earlier one, the 49ers.
California, yeah.
The California gold rush.
And you talk about how there was a massive shortage of women.
And the going rate to spend a night with a woman, can you remember how much it was?
I want to say it was the equivalent of $40,000, $50,000.
$40,000.
Yeah.
But more than that, was it 20 ounces or something?
No, 15 ounces of gold or something.
Yeah, it was incredible.
There was just a massive shortage of women in California.
And so even cleaners and laundry people were earning more than people, you know, high-powered people working for the government, chefs.
Are you looking up the price it was to spend a night with a woman?
Well, yeah, I was quite amused.
And also, obviously, we know that pick handle sellers did well, but that's sort of become a cliche of it.
But it's really interesting about the...
And you said there was a massive shortage in California of domestic staff.
Yeah.
So they just started charging a ridiculous amount.
I think domestic staff were charging more than congressmen.
There's only two.
Why shouldn't they?
Good fair play to them.
I think, do you know what?
I think you'd earn your money, though.
You would have earned $40,000.
You think about the sort of person you would have been sleeping with.
a dirty he would have been filthy wouldn't it i bet he wouldn't I bet his personal hygiene would not have been such as you might desire for sexual activities.
Yeah, I mean, I just don't think people were as hygienic then anyway.
I mean, it was grim work.
Washing a cookie.
Yeah, it was 15 ounces of gold.
I was right.
15 ounces of gold to spend the night with a lady.
And that would be, well, you know, an ounce of gold is $3,300.
So do the maths.
forty five thousand dollars in today's money i can't remember what the other other excite oh i know that that was so i was dipping through the charts um of which countries have the biggest gold reserves And you can be very interesting in a moment and tell me about China.
I think you may have mentioned it before, but it's quite a good story.
If you trust the official league tables, what astonished me is that coming in at number three of the countries that have the most gold in the world, Italy.
Yeah, there's no way it does.
Who would have thought that Italy, is that the Vatican or what?
No, it wouldn't be the Vatican because that's a separate city-state.
It would be the government of Italy.
And Lord knows where they got the gold because they lost most of theirs.
Like their gold in World War II was a total shambles.
It's so funny.
Again, this is a story that I cut from the book for time, but when the Nazi, when Mussolini kind of been stood down, the Nazis took control of central Italy, and they were saying to the Italians, you've got to send the gold up to Berlin.
And the Allies were coming up from the south, and they were trying to get there before the gold went to Berlin.
And so the Italians, and then the BIS had made a load of investments, and so they wanted their gold back.
And the Italians were like, well, I don't want the Allies to have it.
I don't want the Germans to have it.
I don't want the BIS to have it.
What do we do?
And so they started sending it to various locations around the country.
And of course, it all started to go missing.
And then the number two at the central bank had this idea of building a false wall in the central bank.
And they would put the gold behind the false wall and say they'd sent it south to somewhere that the Allies had already taken.
And so they built this false wall.
And then this head of the central bank lost his nerve.
And so in the end, the Germans got it and they sent it up.
And it just spent like nine months just south of the German border while Italian bureaucrats tried to delay the sending of the gold up to Germany.
And they did these hilarious delaying tactics that only an Italian bureaucrat could come up with.
They gave them all Albania's gold, but they kept the Italian gold.
And eventually von Ribbentrop got hold of a large portion of it.
And so that will have gone to Argentina.
And yes, some of it, you know, it sort of so much gold went missing in World War II.
And, you know, some of it ended up going to Berlin.
And nobody really knows where it ended up.
So where Italy's got its gold since then, but I haven't actually looked to see if the Italians have properly audited it.
But I say this as someone who's part Italian, you know, if there's one country lying about its gold reserves, it's certainly Italy.
Right.
Okay.
So that almost kills the story, doesn't it?
if it's not real.
I love the idea that Italy's...
It's just it's a lot of maybe it does have them.
I don't know.
I apologize to any Italian patriots who are listening to this slurring their national accounting standards.
You don't believe that America has got the biggest gold reserves.
People in the Node think it's China, don't they?
Like, even if the gold that America says it has, which is 8,000 tons, is there, and I don't believe it is.
And that is, and if it is there, it's not of what they call good delivery quality.
It's shit gold, isn't it?
Yeah, it's like 90% pure because it'll be all the gold coins they confiscated off the citizens in the 1930s, which were only 90% pure.
They were like sovereigns, the American Eagles that they used then.
So, yes, it's not, it's not what, you know, gold delivery quality now has to be 400 ounce bars of pure gold.
So it's just but even if it is there, America says it has 8,000 tons, China says it has 2,000 tons.
But if you just look at like China's been the world's largest producer for most of the 20th century, most of the 21st century, and it doesn't export any of the gold that it produces.
It's also been the world's largest importer.
And if you look at, you can't get an exact idea of what gold imports are because they're not all stated.
A lot of them are private transactions, particularly ones made by the PBOC.
But you can see Shanghai gold exchange withdrawals.
And so that gives you a rough idea.
And we know that by production and imports, at least 30,000 tons of gold have gone to China.
It's probably more like 40,000.
So 30 to 40,000 tons of gold have gone to China against America's 8,000 tons.
And if you say, go, okay, a third or half has gone into jewelry and maybe another half has been bought by private citizens.
So a quarter of all the gold that's gone to China, 30 or 40,000 ounces, is in the state hands.
Then you're looking at the state has 8,000 to 10,000 tons of gold.
I think the number's higher.
But the PBOC says it's got 2,000 tons.
So they've understated it by a factor of at least four.
And there's a very good reason why they've understated it.
It's because they're still accumulating.
And if they were to suddenly say to America, we've got more gold than you.
The dollar would crash and China's got $3 trillion.
It doesn't want the dollar to crash.
It would send the gold price to the moon.
China doesn't want the gold price to go to the moon just yet while it's accumulating.
So it's just doing that thing that China does.
We must not shine too brightly.
But, you know, sooner or later, if China and America ever fall out, China will weaponize its money just as America always does.
And part of the weaponization of Chinese money will be to say, we've got more gold than you.
And you don't have the gold that you say you do.
So the dollar's even more worthless than it already was.
And, you know, at that point, if the dollar starts, if that happens, goodness knows what happens to the pound and the Euro.
And so that, yeah, you really do want to make sure you've got some gold in that eventuality.
Although the government will probably come along and confiscate it.
Well, they will, won't they?
I mean, you describe the FDR's theft as the biggest heist in history or something, or the biggest theft in history, don't you?
Well, yeah, the greatest crime committed by the U.S. government.
The greatest crime committed by?
Something like that.
I can't remember, but it was good when I wrote it.
All those Americans out there, and there are many of them who think, go America, where the land of the free and the home of the brave and stuff.
How can they reconcile their view of the world with the fact that not even like one of their presidents within living memory of a few senior citizens at least, the US president just stole their money just like that and got away with it and they were never compensated for it.
I know.
Well, they were given dollars in exchange, but then he devalued the dollar by 40%.
So they ended up losing, they had basically had half their wealth stolen.
And it's a terrible crime.
It's awful.
And they were misled.
And they handed in their gold, trusting the government.
And the reason Roosevelt, you know, what was happening is all the banks were going bust.
And so people were taking out their money out of the banks.
And then they were going, actually, do you know what?
I won't have the dollars.
I'll have the gold.
And they were just hoarding gold at home.
And Roosevelt was trying to stop people doing that because he was trying to recapitalize the banking system.
As it turned out, just by devaluing the dollar, he kick-started a booming mining.
And so much gold made its way to the US, particularly in the 1930s as it was escaping the Nazis.
He never actually needed to do it.
But in any case, he did it.
And, you know, Americans trusted their government.
And when push comes to shove, when there's a crisis, people trust their government.
We saw it during COVID.
We know that the government lied repeatedly about numerous things.
We know that the government lied about the source of the COVID virus in the first place.
We know that it lied about the efficacy of vaccines.
We know it lied about the efficacy of masks.
We just know it was all lying.
And yet, you know, 95% of the country, at least at first, bought it.
And you go, where's your situation?
Everyone knows the government lies about everything.
And we're all cynical, particularly in London.
Nobody believes anything they're told.
And then yet people still believe the government when push came to shove.
And you're like, why?
But they do.
I think the bigger question is not why did they trust the government then?
But why do they trust the government now?
I think that's the unforgivable thing.
When people sort of say, I've got no sympathy for the idiots who took the jab, it was their own lookout, and they wanted to go on holiday serves them right.
No, they were sold a false prospectus.
They were grievously misled by the authorities that they've been brought up since birth to trust doctors, nurses, the government, et cetera.
So I can understand and, well, I feel every sympathy.
I can empathize with the decision people made to take the death jab.
What I cannot find it so easy to forgive is the way people have pretended that never happened and that they now look to the system that betrayed them and poisoned them and killed their loved ones, that they are now looking to the same system to be their savior.
I mean, hang on a second, guys.
These people killed your loved ones and you're now going, yeah, but think how much better it will be when the reform party gets in.
They're all part of the same problem.
I know.
I mean, you read, you know, it's like this guy, what's his name?
Gary Economics.
I mean, he's just such a, like, you hear he's going, you know, but it's not just him.
It's like the NHS is terrible.
It doesn't work.
It's a money pit.
It's inefficient.
I had bad treatment.
So therefore give the NHS more money.
Is that what Gary Person says?
Well, no, he's always going on about inequality, but it's like the solution to inequality, which is created by government, is more government.
And it's like, you don't understand.
Government is the problem.
And so it just, mine bothers me.
And that's kind of what you were describing.
It's like, how do you think more of the same thing is going to make that thing that that body created any better?
It's going to make it worse.
Yeah.
Yeah.
So you are not of the camp.
I mean, there are hardcore gold bugs who think that gold's got way, way more to go because once the yuan becomes the new reserve currency, when it becomes a gold-backed currency, gold will rock it.
But you don't think that's ever going to happen?
I'm a bull on gold, and I think everyone should own some gold.
And you have to, what are you measuring it in?
Are you measuring it in pounds or are you measuring it in dollars?
And I actually think the pound has got bigger problems than the dollar does because, you know, we're just such a basket case, this country.
And so I just think it's really important for people to hold forms of money that aren't government currency.
And so that's Bitcoin and gold, basically.
And, you know, because the great, I thought this was an old Wall Street saying and I've Googled it and Googled it.
And it turns out the person who said it was me.
But it's put 5% of your net worth in gold and hope it doesn't go up.
And I just think that's a very good.
It's a very good.
I have to say, Dom, I've broken that.
I've ignored that precept.
Yeah, I mean, I'm more than 5% in.
I just say that to Normies as a sort of way of, you know, if I said to a normie, you've got to put 25% of everything you own in gold.
They wouldn't do it.
But, you know, 5% of your portfolio in gold and hope it doesn't go up is a sort of is a hook, if you like.
But yeah, I think everyone should own some.
I think the pound has got real problems ahead of it.
And the dollar might have problems ahead of it.
And if this rivalry between America and China that has been brewing for a while, if it carries on going and it gets more intense, well, we're going to be very glad we own some gold.
But I'm under no delusions.
Gold doesn't go up forever.
And, you know, gold between 2012 and, say, 2017, 2018, it hit a bear market in US dollar terms.
But actually, it wasn't a bad thing to own if you were in British because the pound was so crap in that period.
So gold actually went up in pounds, even though it went down in dollars.
So, yeah, for all those reasons, I just recommend holding it.
And there'll come a time when gold gets so overvalued and maybe houses or something gets so cheap, you've got to go, well, oil.
You know, there's a big case for investing in oil at the moment because it's just so cheap relative to gold.
How do you buy it then?
Well, that's the problem.
You've got to buy companies and each company, then you're taking on individual company risk.
You can't go out and buy barrels of oil, you know, because you can through an ETF, but it's just not a good way of investing.
But those people who did that trick, was it Contango or something?
When oil went negative.
What a trade.
Fair play to them.
But yeah, but in any case, there will come a time when gold, I mean, gold's at all-time highs.
You look at it relative to salaries.
You look at it relative to, like, I think we're at about 100 ounces for the average UK house.
And I think in 1980, at the top of the market, we were at 50.
So it might go back to 50 ounces.
So, you know, it could double again in UK housing terms.
But when we kind of reach those extremes, it's time to roll out of gold and into something else.
But there's a case for just holding it forever and giving it to your kids.
The good news, I think, both for those who already hold gold and those who don't yet, but are feeling they've missed out, is that you don't think people have missed out yet.
There's more to go, isn't there?
It's not over.
No way.
It's not over.
Because you're saying that retail hasn't really caught up.
Well, what's yeah, what's weird, like previous bull markets would usually be driven by American retail and also European retail.
Germany, German retail is a huge buyer of gold.
But actually, better explain what retail is for private investors, small investors, ordinary people like you and me.
And, you know, Germans, you know, like gold and they buy a lot of it, but they're actually been net sellers.
A lot of them bought gold in COVID.
It's gone up a lot.
They're selling because they got whatever reason.
This bull market, since, and you could almost say that it started in, well, it started about three or four months after America confiscated Russian assets after the invasion of Ukraine.
Do you have a move?
$300 billion in Russian assets, US dollar assets.
And China has been the biggest buyer, but it's all countries along the Silk Road, countries in the Shanghai Cooperation Organization, as they call it.
But it's, you know, Tyrgyzstan and Kajikistan and India, and Thailand has actually been a big buyer of gold.
But all these countries, Poland's bought quite a lot.
But for the most part, it's countries along the Silk Road, China's trading partners.
And it makes total sense because they're de-dollarizing.
They're not maybe not at war with America, but they're not friends with America.
And they're beholden to America and the international banking system, which is dollar-based.
And they're trying to design their own international settlement system, and they can't quite get it right.
But it's just important that they hold assets that America can't confiscate.
And 300 billion is a lot of money that America confiscated from Russia.
And they're just looking at that and going, do you know what?
We need to increase our gold holdings.
And so this buying has been driven by central bank gold buying, not by retail.
And that's what makes it difficult.
My two biggest losses in the last 10 years from investments where I just basically lost everything was one, the shares I bought in Neil Woodford's thing.
And every time I go past this house in Sorcombe I want to gob on it.
I don't, but I want to gob on it.
it's very encouraging i think a lot of people know know what his house is and they they hate him because he's just like yeah But do you know what the other biggest loss I've suffered was?
Was it a gold mine?
No, not at all.
I mean, no.
It was when I bought some shares in a company connected with Russia and my government decided just like that.
This never even happened in the Second World War.
They decided that they could effectively confiscate my 10,000 quids worth of shareholding in this company.
Perfectly legitimate.
They decided, no, they're Russians.
That's it.
You can't trade it anymore.
I mean, I think it's extraordinary that more people haven't protested about this.
That a government can just do that.
10,000 quid.
Just like that.
It should be, they did it in 1940.
Do they?
Yeah, it's just an untold part of British history, but we had all our stocks and bonds and everything.
We all had to hand it in under wartime act.
And Churchill confiscated it all and put it on a boat and sent it to America.
What?
All people's shareholdings?
I'm not sure if it was all shares, but it was a large part of Britain's, you know, it's a bit like Roosevelt in 1930, 1932.
But there was a big confiscation thing, and it's just untold.
If the average, if the general populace knew who was behind these wars and who starts them and who benefits from them, they would not be happy about handing all their savings to crooks like Churchill to hand his crooked friends in.
It's a racket.
I mean, you're...
You've gone a long way to uncovering part of the racket and writing about it very entertainingly and informatively.
But it goes even deeper, Dom, than you realise.
I think if you knew how bad it was, you wouldn't top yourself, but you'd be thinking, that James Dellingpole, he's not just right in advance of everyone else.
He's right absolutely.
I'm going to have to join his club and kill my career.
Well, I mean, there's, you know, the first casualty of war is truth, and there's no doubt about that.
And there's so many lies.
But, I mean, I don't know who starts them, but I do know they're enabled by the fiat money system.
And no war, neither the First World War nor the Second World War could have gone on for as long as it did if governments had stayed on their gold standards and stuck to the discipline of gold because there was not the gold to pay for them.
And, you know, France, Germany both came off the gold standard and England didn't actually come off the gold standard, but we did everything but and we withdrew gold from circulation and we brainwashed everyone into selling their gold and buying US UK bonds instead.
So, you know, war bonds.
So we effectively came off the gold standard and that enabled the war.
And, you know, the First World War is the most terrible crime in history.
And it was the end of Western Europe as the beginning of the end of Western Europe as a sort of leading cultural and whatever force.
All by design.
I think, when would you most like to have lived?
Pre-1914?
Yeah, I mean, I'd love to have lived in England at the turn of the 20th century.
But I guess, you know, life's pretty, in terms of luxuries and all the rest of it, I probably wouldn't have lived very long if I lived in England in the late 19th century because I'd, you know, there's so many things wrong with me.
I probably would have, I just wouldn't have had modern medicine to help me.
Are there things wrong with you?
Yeah, you know, like, I had asthma.
Do you know how I got rid of my asthma?
Bee pollen, bizarrely.
But, you know, I probably would have had an allergy to cats and I've got problems with my ankles and, you know, just these kind of things.
Yeah.
I don't know about your ankles, but I think a lot of the things you're complaining about were actually probably the product of the childhood vaccination schedule.
I think breastfed or something like that.
Yeah.
Almost all these sort of so-called diseases of civilization are essentially created by a system which deliberately poisons us every which way.
So through vaccination, through spraying, through the poisoning of the water supplies, through adulterated food, etc.
But I think mainly vaccination.
That's been the one that probably all your things that you think of are just kind of part of you and just were genetic or something.
They're actually extremely BCG.
We all had the BCG.
I've still got my scar, yeah.
got the round scar and you think and it was a kind of macho thing and And you looked at some of the kids.
Everyone just had the BCGs just go and give him a dead arm.
Yeah.
And there were some kids whose parents, very, very few kids, and they were persecuted, whose parents said, I don't want my child to have the BCG.
And you thought, you wet fart.
You asked your mummy not to get this.
doesn't hurt that much kind of thing it's how it's how they it's a bit like the equivalent of the it's how we police their system for them in the same way during the first world war I mean, if I'd known in 1914, say I was an 18-year-old, a 19-year-old, and I'd known what I know now about the causes of the First World War.
Is that you or me?
Yeah, it's me, it's me.
It's me.
It's my mum.
I'll call her back.
The courage it would have required to stand up to that system and say, no, I'm not going to join your pointless war with the Kaiser, which is a satanic blood sacrifice, and it's being orchestrated by the Milner Group and by Wall Street for profit.
And they want us all to die or lose our limbs.
But would I have had the courage to be a conscientious objector?
Probably I would have just signed up and gone and died.
Because it's easier than to...
You've taken extraordinary balls.
It really would.
To face those those the way they weaponize women, particularly women are very that that's been the story, I think, of from about the late 19th century to the 20th century, the way they weaponize women.
They used women to they encouraged them to give young men white feathers, for example.
And they play on women's hysteria and their natural tendency to be more emotional than men.
And sorry, am I boring you?
No, no, no, sorry.
I often think about what I would have done, and I sort of had this idea that I would have gone and hid out in the country somewhere, but it just wasn't possible.
Because there's always, the country's so nosy.
Everyone's in each other's business.
It's very hard to go and hide out.
Yeah.
And it also, it brings out the worst in people, doesn't it?
The people who, the sort of the jobs worth and the little, the tin pot dictators.
These are the people who come out in times of national crisis.
Yeah.
And ramp everything up with.
I'm just thinking, because we had our sort of dress rehearsal, if you like, during COVID.
And I sort of quite like London because London was just sort of, I call London a functioning hypocrisy where everyone knows everything's bollocks and they sort of abide by the rules, sort of, you know, the bare minimum and they get away with whatever they can get away with.
So, you know, for example, in London, people will wear their masks, but they'd wear it around their chin.
Do you know what I mean?
That kind of thing.
That's what they did in places like Thailand as well.
I think you could tell me about to it, but then you'd go to the country.
I remember going to the country.
Actually, a friend of mine has a house in Hampshire and a gang of us all went down there to do magic mushrooms during COVID at one point.
And we had to sort of keep the fact that we're all in this house a secret.
And, you know, we'd go to the shop in the daytime and everyone would be standing in the queue for the shop with their masks on a metre apart and all of that.
And I was thinking, nobody does that in London.
And then I went to, after, you know, remember Boris in December, he tried to bring in another, when we had the Omicron one, he tried to bring in another lockdown and Steve Baker and a couple of others all kind of ganged up on him and said, if you do this, we're having a vote of no confidence.
And so he didn't.
And then I went to, so we sort of came out of lockdown and COVID a bit before everyone else.
And I remember going to France, skiing, and they were arresting people for not wearing masks on the chairlift.
And you're like, are you serious?
And, you know, so, you know, but anyway, I quite, but the, the, so different places move at different speeds, I suppose.
And I sort of quite like this sort of hypocrisy thing, the functioning hypocrisy aspect of London.
But people in the country were much more policing of each other and much more respectful of the orders.
Well, I don't know about, I managed to ignore it.
I do remember though, going on a trip to London and with, with, with Dick and another friend.
And we went on the, what's the, what's the, the, the, the boat service that goes to Tower Bridge and.
Yeah, those clippers.
Yeah.
Clippers.
And I remember getting on, getting on this, this, this boat and, and the chap saying, um, have you got your mask lads?
And we said, no, we're all exempt.
He said, oh, fine, fine.
Oh, he didn't give a job?
Well, he, we were exempt, Dom.
Right.
Okay.
But it never failed for me.
I, I, I, I, you just say, no, I'm exempt.
It's okay.
It's fine.
And then as I, if you say it in a kind of like, what can I do?
I'm exempt.
Rather than no, I'm exempt.
Yeah.
I think.
Yeah.
Yeah.
It was.
And I mean, some people I know got really confrontational about it.
It's just a lot of the time.
You're just having a fight that just wasn't worth having.
Well, did you, did you come to that, to the, the recording of the, uh, the, when we did the Zulu?
No, I didn't.
That was, that was in the height of lockdown when we were all, as we drove up, we were all kind of quite nervous.
And then, then no, obviously nobody wore the mask for the recording, but it was, it felt, the idea that in one's own country, one was made to feel like being naughty for driving up to a venue, not wearing a mask.
And then communing with other people, not wearing masks.
And that it was kind of illegal.
Did you see, um, apropos of not very much, but, um, somebody, I get to see so much on the internet that I forget what my sources are, but somebody posted up this report produced, I think.
in the 1960s by a behavioral psychologist working at the Tavis-Dock Institute, describing, in fact, sort of kind of advocating the tactics that we used during COVID.
And in order to mess with the heads of the population and particularly to sort of mess with the heads of people who might be difficult, who might question the orders, what you do is you create this bizarre situation where a bit like the one you've described, which existed in London, where on the one hand, it seems that there are really extreme penalties for breaching the law.
And at the same time, there seem to be get arounds which make it seem very easy to circumvent.
And what it does is that it creates great confusion in the minds of people.
Well, hang on a second.
Am I facing a £10,000 fine and possible imprisonment?
Or can I just say I'm exempt?
And that was all part of the trickery they played with us.
Okay.
Well, that doesn't surprise me.
Yeah.
Did you have any else you want to talk to me about?
No, I mean, I love talking to you, James.
But we've been talking for quite a long time, so we've probably costed our listeners' patience.
I need to go to my tomato house to look at my tomatoes and to chat with the gardeners only come one day a week, and I like to go and say hello to them.
One of them is awake.
And so we like to talk about chemtrails over the tomatoes.
Chemtrails in the sky, Michelle Obama is a guy.
It's one of the lyrics from one of my songs.
Yeah, but yeah, if you enjoyed listening to me and James talk, the book is available from August the 28th, you know, at Amazon and all good bookshops, Waterstones.
It's called The Secret History of Gold.
And I know a lot about gold.
I've built up a knowledge over 20 years and there's lots of good stories in there.
And hopefully you'll find it entertaining and interesting at the same time.
There is no comedian in the world, Dom, who knows more about gold than you do.
That's certainly true.
If you asked Russ Abbott if he's still alive, he wouldn't have a clue.
maybe ken dodd would have me ken dodd would have the one person who might have eclipsed you is is happily for you no longer around Keeps me on tax, but maybe not on gold.
Yeah.
And do go and see everyone.
Go and see Dom's shows.
Whenever he's touring, he's funny.
You're a funny chap, Dom.
Oh, yeah.
And we haven't got that many shows in the autumn, but I'm coming to Southampton and I'm going to Birmingham.
And obviously I've got London shows.
But next spring, if you go to my website, frisbees.news, all my gigs are listed there.
But on September the 1st, we'll be listing a load of gigs in the new year across the country.
If the whole country hasn't been locked down because of the riots that the deep state is trying to engineer, led by your friend Tommy Robinson.
It's in the football season, so we'll be okay.
Okay.
If you've enjoyed this chat, obviously, how can you not enjoy the chats that I have with people like Dom?
Please do go through the tedious process of supporting me, becoming a paid subscriber at the various sites that I write for.
Substack's probably the best, but they all make it difficult.
There's Patreon, if you want to go old school, there's subscribestar is kind of, I think, and there's locals, of course.
