Uncommon Wealth Partners
Uncommon Wealth Partners
A Deep Dig into Gold with Phillip Ramsey and Bryan Dewhurst

Gold is money. But don’t be fooled, there is a difference between money and currency. Currency can be either backed by a commodity, which historically has been gold and, to a lesser extent, silver or it can be backed by debt via central banking systems, as is the case throughout most of the world today. So while currencies come and go throughout history, gold has stood the test of time throughout recorded history.

Unless you are mining it, gold does not produce income. It is a resource that throughout recorded history has protected purchasing power over a long period of time.

In episode #46 we are going to be digging into gold – Why has it been a source of wealth, adornment, and means of transacting business for so many thousands of years? How can it be used today as a hedge to protect your purchasing power? And what does this mean for you today?

Until the rise of central banks, the world operated basically on a gold standard. In our latest episode, we discuss the ramifications of this change and we’ll even get into some comparison and contrast between gold and cryptocurrency.

What You Will Learn in this Episode:

  • The historic roots of gold as a source of wealth
  • Why the end of the gold standard is so significant
  • Why gold has remained so valuable throughout history
  • Why gold is still a good investment
  • Similarities and differences between gold and cryptocurrency
“Every documented civilization has had a fascination with gold and has used it as a means of preserving wealth, adornment, and to conduct economic transactions.” – Bryan Dewhurst Share on X “If you look from 1913 when the Federal Reserve was created to today, the value of a dollar has lost basically 99% of its purchasing power.” – Bryan Dewhurst Share on X “The silent killer of your financial well-being is inflation.” – Bryan Dewhurst Share on X “No currency in the history of the world has ever lasted. Gold and silver are the only two things that have stood the test of time as a source of wealth.” – Bryan Dewhurst Share on X “The US has the largest gold reserve in the world, followed by Germany and China.” – Bryan Dewhurst Share on X “Gold is almost impossible to fabricate, because it is so dense, but also so malleable.” – Bryan Dewhurst Share on X “Gold is still a good investment. In the long term, gold is a hedge on your purchasing power. In the short term, when the value rises, you have an asset that is worth more than when you bought it.” – Bryan Dewhurst Share on X “Gold is money, but I think cryptocurrency is the future of currency, based on how corporations are investing in it.” – Bryan Dewhurst Share on X