The Flying Frisby - money, markets and more

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com War creates uncertainty. Lots of it. And how we all hate uncertainty. Markets don’t like it either. What’s going to happen? How long does it go on for? Where do things go from here? Iran will be an in-and-out job like Maduro. Actually the regime is more entrenched than that. It’s only going to last four weeks. Am...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com Yesterday, the US and Israel launched a joint attack on Iran, targeting key military and other strategic facilities. The Ayatollah Khamenei - supreme leader of Iran for 36 years - has already been confirmed dead, killed in the strikes along with several other senior officials. In retaliation, Iran has struck US m...

Good Sunday to you, Geoffrey Chaucer wrote The Canterbury Tales in around 1400, and it is considered one of the first great works of English literature. Try reading it today and you might question the “English” part. Here’re the opening lines: Whan that Aprille with his shoures soote,The droghte of March hath perced to the roote, It does not get much easier. Canterbury Tales is the story of group...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com I’m watching amazing video after amazing video made by AI. They’re almost as gripping as the Lowe-Farage blood feud. Hollywood is being “dis-intermediated”, to use the tech lingo. Just as television went from scheduled to on demand, now the content itself is moving that way. Want a different ending to Game of Thr...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com Good Sunday to you, In case you missed them, I put out two articles this week. Here they are. By now I am sure you will have stumbled across Matt Shumer’s essay Something Big Is Happening , which has gone bananas viral. Eighty-one million views on X alone. That’s even more than We’re All Far Right Now . Shumer de...

An extra piece for you this week. I had planned to follow up on Dr John’s timely piece on oil and gas today, but it will have to wait. We need to talk about bitcoin. Since peaking at $126,000 in early October, the bitcoin price has been in freefall, and the declines have accelerated this year. Earlier in the week, it touched $60,000 - declines of over 50% from peak to trough. Today it sits at $67,...

I can’t tell you how many messages I am getting from people about silver. Have I seen this video, read this article, looked at this data, listened to this podcast. JP Morgan is about to go bust, the paper markets are overwhelmed, the price is manipulated, China is setting the real price, this is a reset. And so on. The problem with speculative manias, especially when silver is involved, is that en...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com Phew. I need to write about something else apart from silver and gold. But I have to look at the price action we have seen this week, and I will say this. It was violent. Extraordinary, even. But it wasn’t necessarily bearish. Sharp sell-offs like those we saw on Friday and Monday are characteristic of bull marke...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com I am rotating some of my gold and silver profits into oil and gas, as I think energy is next. I will have more on this very soon. I promise. But we need to talk gold and silver today, plus we have an update on top pick Metals Exploration (MTL.L) I thought Monday was the top. Silver went from $100/oz to $115/oz ov...

With all sorts of rumours about physical shortages of silver, for your Sunday thought piece today, I spoke to precious metals dealer Joshua Saul to try and find out what is really happening in the metals markets. Joshua Saul has been dealing gold and silver bullion for 20 years. He’s never seen anything like what’s happening now. His key points: silver is catching up from decades of undervaluation...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com This has been for ages one of those things that has been going to happen that never actually happens. But on Monday there were signs it is actually going to happen. I’m talking about some kind of financial crisis in Japan, whether in its currency, its debt markets or a bit of both. Because it’s so far away, we te...

If the stories are to be believed, and the first casualty of war is truth and all that, Venezuelan President Nicolas Maduro sent some 3.6 million ounces of gold - $16 billion in today’s money - to Switzerland before 2017, when the EU brought sanctions against Venezuela. Switzerland last week froze his accounts and the accounts of some 36 others with close ties. We don’t know how much money he had...

It’s that time of year again. What’s going to happen? What does the future hold? We all want to know. Knowing what’s going to happen makes you feel better. NostreDominic is here to tell you. Here are 19 predictions for 2026 1. Gold Breaks $5,000 Gold doesn’t quite have the year it had in 2025, but it has a good year nonetheless and rises above $5,000/oz On which note: Charlie Morris’s monthly gold...

Happy New Year to you. This time last year I did something I’d never done before, which was to publish my New Year’s resolutions. I was nervous about doing it because, despite constantly putting stuff out on the internet, I’m actually quite private about some things, and it made me feel quite vulnerable publishing them. However, publicly stating goals pushes you to achieve them. You’re making your...

Good Sunday to you, Before we begin, let me flag this week’s commentary. This a trade with a remarkably successful hit rate, a clear timescale and a relatively easy risk to manage - you know pretty quickly if it isn’t working. 8 of last year’s 9 ideas worked. By my reckoning you will find the biggest bargains of the year tomorrow, Monday December 22, and Tuesday December 23. So take a look: Right,...

I was having breakfast with my son, daughter-in-law and grand child earlier in the week. He is 25, she is 24, and baby is 5 weeks old. They’re both pretty successful in their jobs - both in sales, on commission, so very much performance-based - and they both work very hard. They are ambitious. They want a big house with a big family, and plenty of money to live off. Pretty normal ambitions, really...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com Before we come to the main thrust of today’s piece, there is something I need to flag. We are just coming into North American tax loss selling season, and a number of you have asked if I will be putting together a portfolio of tax loss trades this year. The answer is, “maybe”. I’m not sure how well it will work t...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com I found myself at a very VIP event last night at the home of a well-known politician. There was a heck of lot of money, age and experience in the room. I felt like I’d gone back in time to the City of the 1980s. I got talking to an old boy who, it turned out, had made his money in mining. He had worked at one poi...

Good Sunday to you, A bit of admin before we come to today’s thought piece. First, in case you missed it, here is this week’s commentary, mostly ranting about the budget, the UK’s inept leadership and what actions you, as an investor, should take: And this week I also appeared on comedian Geoff Norcott’s podcast, What Most People Think. Here are the links to the show on Apple and Spotify, if of in...

There will be no growth in the UK. Chancellor Reeves’ budget was designed to placate left-wing back benchers, who want greater spending, and the bond markets. In that, it has succeeded. For now. The ever-shrinking part of the country that actually builds wealth (and remember there are only 3 ways to build real wealth: you grow stuff, you mine stuff or you make stuff. Everything else is just pushin...

The Romans enslaved 160 million people. The Mughals 112 million. The Mali Empire 57 million. Your Sunday deep dive into the data they don’t teach in schools. We have crunched the numbers across 5,000 years of human civilisation, and ranked the results. What we found will surprise you - and might just change how you think about the past. Substack subscribers see this first, before it goes to X, Fac...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com I don’t mean to get all bearish on you. Bearish copy - it’s all going down, it’s going to crash - gets more eyeballs than “everything’s fine”. Bearish commentators usually have bigger followings. Bad news sells. But bears are usually wrong. They’ve predicted 13 of the last two corrections. The fact is, as human b...

Good Sunday to you, As your thought piece this week, we have my interview with Kitco News, talking gold, tax, deficits and more with Jeremy Szafron. I’ve ripped the audio so that those who listen to the podcast can hear it as well. These signed copies of Secret History of Gold have proved quite popular, so I have ordered another box. (They make good Christmas presents). If you would like one, plea...

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.com I’ve been writing so much about gold and silver lately, I need to cover something else. But my quick take: as seemed likely , gold and silver have gone into one of their corrective phases. This is likely to last several months, in the humble opinion of this writer. There’ll be false dawns, which catch everyone ou...

Good Sunday to you, I am headed to Birmingham and Huddersfield week after next. If you are in either neck of the woods, come and see the show. Don’t it always seem to go That you don’t know what you’ve got ‘til it’s gone Joni Mitchell Back in the 1980s I remember the newly privatised British Telecom, in its wisdom, decided to get rid of Britain’s red telephone boxes and replace them with things ma...