The Flying Frisby - money, markets and more
Readings of brilliant articles from the Flying Frisby. Occasional super-fascinating interviews. Market commentary, investment ideas, alternative health, some social commentary and more, all with a massive libertarian bias. www.theflyingfrisby.com
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Metals Exploration: Is It Time to Sell?
This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com<br/><br/><p>Sorry for the delay with this week’s piece, I have been travelling.</p><p>But our Summer of Gold continues today with what is, for me and many readers, our biggest position: Metals Exploration (MTL.L). It has also been one of our biggest winners.</p><p>However, this year the shares have gone nowhere. Today they trade in the 13-14p range, having touched 19p earlier in the year. They came down as the fizz came out of gold an...
Liv Boeree: Humanity's Big Bet
<p></p><p>In this next episode of Money, Markets and More, I sit down with Liv Boeree to discuss AI, risk, poker, game theory, incentives, state power and better decision-making. </p><p>I thought this was a terrific interview and I hope you enjoy it.</p><p>You can either watch the video above, or listen to the interview as a podcast in the normal way.</p><p>Liv argues that, while AI could bring huge breakthroughs in health, drug discovery, efficiency and human flourishing, thi same technology can also be used to cause serious harm. We discuss regulation...
Luke Gromen: Why Gold Is About to Matter More Than Ever
<p><p>The inaugural CPAC UK runs from July 16-18 in London. Speakers include the former PM, Nigel Farage, Jacob Rees Mogg and Yours Truly . No Count Binface as far as I’m aware. Flying Frisby readers can get 25% off with this link.</p></p><p>A few weeks ago Josh from the Pure Gold Company asked if I'd be interested in recording some long-form interviews. It sounded like a good idea, so at ARC a fortnight ago we sat down and recorded six conversations. Season One, if you like.</p><p>The focus is not just gold or markets, al...
The Sweetness of Doing Nothing
This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com<br/><br/><p>The S&P 500 is close to all-time highs, but it’s looking wobbly. </p><p>After magnificent runs, gold and silver are both washed out and trending lower.</p><p>Bitcoin is all but dead and buried. </p><p>Rates are rising the world over so you can forget about government bonds - that particular bull market is over. </p><p>Oil and gas have turned down now Trump and Iran have their deal. </p><p>Remind me what uranium is ag...
Brutal Summer Ahead for Gold Stocks?
<p>I was on a panel with veteran geologist Brent Cook earlier in the week and something he said rather struck me.</p><p><p>“It’s shaping up to be a brutal summer for mining companies.”Brent Cook</p></p><p>Looking at the chart below, it’s hard to disagree.</p><p>The Gold Miners Bullish Percent Index has fallen to zero.</p><p>Not 5 or 10, but zero. That’s lower in the in the crash of 2008 and during the Covid panic. It has only ever reached this level during the darkest days of the great gold bear market of...
Why Hasn't the Pound Crashed?
<p>Imagine you are in the circus, watching a tightrope walker who’s been on the sauce.</p><p>He sways, the crowd gasps, he sways again, more gasps, and yet somehow he doesn’t fall. This goes on and on and eventually you get bored watching. </p><p>That, it seems to me, is Britain.</p><p>Public debt is now knocking on £3 trillion. (Remember you could have spent a million pounds every day since Jesus was born and still not have spent a trillion - that’s how incomprehensible a sum a trillion is). Interest payments now run at over...
Lifetime Membership Is Ending
<p>Hello,</p><p>A quick note about The Flying Frisby.</p><p>For several years I’ve offered a Lifetime Membership. The idea was simple: make a one-off payment and never have to think about subscription renewals again.</p><p>A surprising number of readers have taken me up on it.</p><p>However, I’ve decided to withdraw that offer permanently at the end of June.</p><p>The timetable is as follows:</p><p>• Lifetime Membership remains available at £550 until midnight on 15 June.</p><p>• From 16 June, the price rises to £650.</p><p>• At midnight on 30 June, Lifetime Mem...
A Brutal Friday
<p>Let’s start with a quick market update after Friday’s brutal action</p><p>The last few days have not been pleasant for owners of gold, silver, miners or indeed bitcoin. Friday saw on 8% fall in silver. How January’s euphoria has reversed. That’s silver for you. </p><p>My ongoing thesis that gold, silver et al go nowhere for a year remains in place. </p><p>The structural backdrop for gold’s bull market also remains: growing government debt, huge fiscal deficits, ongoing central bank accumulation, de-dollarisation. But the heat needed to come out of the market, an...
Wise Up: Why I’m Still Buying Bitcoin
This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com<br/><br/><p>I was going to write about money transfer company Wise (WISE.L/WSE.US) this week.</p><p>The company recently listed on the Nasdaq, demoting its London listing to secondary, and the prospects looked rosy. UK-listed companies trade at lower valuations because they are listed in the UK. America not only has greater depths of capital, it values tech, growth and success. In the UK they get ignored, taxed or regulated - or all three.</p><p>And there is...
How AI Became My Production Company
<p>Following on from last week’s piece about the extent to which I use AI, I’ve had a surprising number of messages asking which AI I actually use and what for.</p><p>I should immediately stress that I am not some sort of AI guru. I know people use Claude to write code, automate businesses and build entire internal operating systems. That is beyond me. I can’t code. I’m a one-man band, who occasionally hires freelancers. I’m self-taught. But here’s what I actually use and what for.</p><p>I stress the best method of al...
