#money #currency #sterling #gold #dollar #inflation
Today we are going to look at what I consider a dual or even parallel monetary system that we have in the U.K.
You will not hear about the alternative money system from any financial advisor because it is not considered a financial instrument.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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Video Chapters:
00:00 Introduction
00:22 A look at some economic data
02:51 Buying gold helped me wake up about money and the system
04:18 Physical gold and silver are not regulated by the FCA.
05:12 Two money systems exist in the UK
08:50 The financial sector does not want you to know about the real money system and my experience with that
11:56 The rapidly dwindling irredeemable pound
14:56 The irredeemable pound since 1971
16:57 lessons learned and conclusions
18:06 market update