"Paper Money has Enabled More Evil than Gold" - Dominic Frisby on Gold’s Future Scenarios

Gold is quietly re-entering the global money system - not as nostalgia, but as a weapon, a reserve asset, and a pressure point in the coming financial order. Dominic Frisby argues that the real story is not whether gold survives, but how it keeps regaining relevance as fiat money weakens, geopolitics harden, and central banks keep buying.Paul Buitink sits down with Dominic Frisby - comedian, voice-over artist, YouTuber, author, and sound-money advocate - for a wide-ranging conversation on gold’s secret history and its possible future. From El Dorado and the lure of hidden gold in South America to modern mining in the Amazon, this episode connects the myths that shaped empires with the balance-sheet reality shaping markets today.You’ll discover:- Why gold and Bitcoin are not rivals, but complementary answers to debasement- Why Dominic thinks the most likely future is not an abrupt collapse, but a slow evolution toward an informal gold standard- How central banks, governments, private investors, and ETFs all fit into the next phase of gold demand- Why China’s true gold holdings may be far more important than its official numbers suggest- How gold can become the “money of last resort” in a world where trust in fiat keeps erodingDominic also breaks down the three scenarios he sees for gold’s monetary role, including a world where gold becomes mainly industrial, a world where it returns as hard money, and the more realistic middle path where it functions as the ultimate reserve asset while fiat continues to decay in the background. Along the way, he explains why the infrastructure around fiat is so powerful, why gold’s political neutrality matters, and why the next major revaluation could change everything.If you care about inflation, central banking, monetary debasement, geopolitical conflict, or simply want to understand why gold still matters in 2026 and beyond, this is essential listening. Paul and Dominic bring decades of perspective to a conversation that is as provocative as it is timely.Dominic Frisby is a British comedian, voice-over artist, YouTuber, author, and long-time sound-money advocate. He wrote The Secret History of Gold and publishes at:https://www.theflyingfrisby.com/aboutFollow Paul on X:https://x.com/paulbuitinkTimestamps:0:00 Intro4:20The Secret History of Gold10:40The environmental and human costs of gold mining12:05 Three possible futures for gold20:41 Central banks and the growing demand for gold22:25 Gold as an informal reserve asset27:57 China’s gold strategy and reserve holdings36:10 Sanctions, Iran, and gold as money of last resort39:56 Where to find Dominic Frisbee and The Secret History of Gold