You Feel Poorer Because You Are, Measured in Gold | Dominic Frisby

Gold serves as a more accurate unit of account than fiat currencies because its supply remains relatively constant, unlike the inflationary nature of dollars or pounds. Measuring economic output in gold reveals a significant decline in per capita wealth over the last fifty years, exposing the limitations of GDP metrics that rely on debased currencies. Governments currently face unsustainable debt interest payments, with the United Kingdom and the United States both struggling under rising borrowing costs. Investors should prioritize assets that cannot be printed, such as gold, silver, and bitcoin, while remaining cautious of traditional banking systems that increasingly threaten individual property rights through aggressive tax collection. Oil prices are poised for potential volatility, driven by supply chain constraints and geopolitical tensions, making energy stocks a critical component of a resilient portfolio in an era where the era of cheap money has ended.