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TFTC: A Bitcoin Podcast

#597: Insights From Inside The Gold Market with Josh Phair

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 14 March 2025

⏱️ 57 minutes

🧾️ Download transcript

Summary

Marty sits down with Josh Phair to discuss the state of the gold market.


Josh on Twitter: https://x.com/joshphilipphair

Scottsdale Mint: https://www.scottsdalemint.com/


0:00 - Intro

0:36 - Josh’s background

6:13 - Overview of the bullion market

16:24 - Fold & Coinkite

18:02 - Is the gold really where they say it is?

30:31 - Unchained

31:02 - Price suppression

36:58 - Bessent’s reset

42:02 - Staying prepared for turmoil

50:49 - Tying in European conflict



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Transcript

Click on a timestamp to play from that location

0:00.0

You've had a dynamic where money has become freer than free.

0:10.0

If you talk about a Fed just gone nuts, all the central banks going nuts.

0:16.0

So it's all acting like safe haven.

0:18.0

I believe that in a world where central bankers are tripping over themselves to devalue their currency,

0:24.4

Bitcoin wins.

0:25.3

In the world of fiat currencies, Bitcoin is the victor.

0:29.2

I mean, that's part of the bold case for Bitcoin.

0:31.8

If you're not paying attention, you probably should be.

0:36.4

Josh, welcome to the show.

0:38.9

As always happens, we record like a little pre-recording episode,

0:43.4

so I figured we should hit record and jump into it.

0:46.4

Let's do it.

0:47.7

Well, I think you hopped on my radar probably one or two months ago now at this point.

0:54.4

You were on a plane giving a first person recount of what you had just experience on a road

1:01.9

trip in Europe, particularly doing some diligence on what's happening on the gold markets.

1:09.5

And obviously that has been a big topic

1:12.1

in some of the more obscure areas of FinTwit and financial Twitter and people covering finance,

1:20.5

really not getting much tick in the mainstream. But there's something happening in the gold

1:25.8

markets. And you're somebody who I've been following for a few months now,

1:28.8

and it seems like you have a very good pulse on what is actually happening.

1:32.7

A lot of people have theories, but you were, again, on the ground in Europe.

1:36.8

So I think starting there with that road trip, what you observe,

...

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