The Flying Frisby - money, markets and more

Apologies for the double email this Sunday, but we have another Money Markets and More, in which I sit down with precious metals analyst and forecaster Ross Norman to discuss the precious, China and why he believes the forces driving the precious metals bull market are structural.
You can either watch the video above, or listen via Apple Podcasts, Spotify et al.
Ross has spent decades analysing the precious metals markets and has repeatedly won the LBMA’s annual gold forecasting competition. Few people know the mechanics of the physical gold market better, which makes his perspective on what China and the world’s central banks are doing particularly interesting.We also discuss whether gold could reach $7,000–$10,000 by the end of the decade, why Ross would favour silver with £100,000 to invest today, and his prediction that gold could once again become something people actually use as money.
Follow Ross and Metals Daily
This video was brought to you by The Pure Gold Company:
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.

📖 The Secret History of Gold: Money, Myth, Politics and Power.
Nothing in this programme is intended as investment advice. It is an expression of opinion only. Do your own research.
And if you missed today’s thought piece, here it is:



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Last week I walked some of Britain’s oldest path, the Ridgeway, which runs across south central England. It’s literally a ridge, and would once have been a vitally important path when the valleys on either side might have been impenetrable marsh or forest.
I walked 56 miles in 4 days, starting in Avebury and ending in Goring.
Lots of amazing views of Britain’s brown and pleasant land. Red kites galore. And, early on Day 1, I even saw a brown hare, something I hadn’t seen for many decades. At one point it sprinted (should say galloped?) through a field alongside and past me, quite the sight, but I was so busy admiring it I didn’t get the video.
Lots of barrows and burial grounds. Lovely peaceful places. I was particularly taken with Wayland's Smithy
The path was pretty deserted - I only passed somebody every hour or so. Sometimes I went several hours without seeing anyone, excluding cyclists of which there were a few, especially towards Goring.So lots of time to think, and one of the things I thought about at great length was what to do with my largest position, something I’ll have more on soon. Gold stocks look, by the way, as though the summer consolidation is over, and are starting to pick up. Here’s to another bonanza 12 months …. But back to the matter in hand. Each evening I would walk down off the Ridgeway to one of the villages in the valley, then climb back up the hill the following morning. Lots of lovely churches and thatched cottages to be seen.
One of the many landmarks on the trip is the famous Uffington White Horse, carved into the downs some 3000 years ago in the late Bronze Age. With the underlying chalk, it is bright and white, and locals have maintained it all these years. It almost looks modern: minimalist and abstract with clean, stylized lines conveying sweeping movement.
But as I walked the mile or two up the hill that sunny morning, several things struck me. First, that the White Horse isn’t actually very visible from the valley below.
If its creators wanted people in the valley to see it, surely they would have carved it into the side of the hill. But they didn’t. They carved it right on the lip.
nor is visible from the Ridgeway just above. In fact, it’s not that visible from land at all and better seen from the air above.
That immediately made me think of the Nazca Lines in Peru (see vid below), those ancient figures carved into a plateau which too best appreciated from the air.
But that doesn’t quite work either. If the Uffington figure was intended to be viewed from above, why not put it on the plateau? (You can’t even see it from the Ridgeway itself) Why put it on the lip?
3,000 years ago, much of the valley below would have been wooded or marshy, as I say, making the figure even harder to see from below. So who was supposed to see it? And from where?
The final mystery of my day was this: is it actually a horse? Look at the head. Does that look like a horse to you?
It has whiskers. Horses don’t have whiskers. Cats do though. Yours confused, DominicPS Here is the white horse pictured from the air. You do not get this view from the land … and there’s no way that’s meant to be a horse. I’m sure Jason Arday has the answers,

In case you missed it, here is this week’s piece, the second part of my special report into the tidal wave of takeovers sweeping the UK at the moment as we sell ourselves off. One of these, WPP, moved 35% in two days.
In other news, here is my talk on gold from CPAC the other day. Nothing you don’t already know, but I was pleased with the talk.
And, finally, mining financier Simon Catt had me on his podcast, while I was walking the Ridgeway. Here it is on Spotify
And on Apple podcastsFinally, finally, here’s a little two minute doc on the Nazca Lines which I narrated many moons ago - of some relevance to today’s piece. It’s not a bad place to spend a couple of minutes.
Until next time,
Dominic
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Good Sunday to you,
In the last of this series of interviews recorded at ARC, I sit down with retired (for now) businessman Toby Baxendale to discuss British industry, regulation, sound. money and why he believes Britain is making it increasingly difficult for entrepreneurs to succeed.
Toby built a successful business in the meat and fish industries, employing hundreds of people before selling the company. He believes Britain’s long-term prosperity depends on creating an economy that rewards production, investment and entrepreneurship once again.
Enjoy! (You can listen to the audio via Spotify et al)This interview was filmed in association with The Pure Gold Company
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.

In case you missed it, here is this week’s piece. There has been a spate of takeovers in the UK this last month, many at 60-80% premiums. We identify the companies that could be next. It is a must read.



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Your mid-week commentary will be later than usual this week. I have something quite special planned. In the meantime, here is another episode of Money Markets and More.
Today, I sit down with former Conservative minister Steve Baker to discuss sound money, inflation, taxation, gold and why he believes Britain’s monetary system is fundamentally broken.
You can either watch the video above or listen via Spotify, Apple Podcasts etc
Before entering politics, Steve served as an engineering officer in the Royal Air Force before working as an aerospace and software engineer. He later became one of Parliament’s leading advocates for free markets, lower taxes and sound money, giving him first-hand insight into how economic policy is made and why he believes Britain continues to repeat the same mistakes.
This interview was filmed in 🥇 association with The Pure Gold Company.
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.

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📖 The Secret History of Gold
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Money Markets & More is the interview series from Dominic Frisby, exploring money, markets, gold, economics and the ideas shaping the world.

Follow Steve Baker:
https://x.com/stevebakerfrsahttps://www.stevebaker.info/https://www.instagram.com/stevebakerfrsahttps://www.facebook.com/FightingForAFreeFuture
Nothing in this programme is intended as investment advice. It is an expression of opinion only. Do your own research.


This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Good Sunday to you,
Today I talk to Toby Young, now Lord Young, journalist, author, and founder of the Free Speech Union discuss Britain: how it works, its economic outlook, inflation, the expanding state, free speech and whether the UK is heading towards a financial crisis.
As a member of the House of Lords, Toby offers a unique perspective on the direction Britain is taking politically and economically. We finish by discussing where he’d invest one hundred grand today.
As always you can watch the video above or listen via Apple Podcasts, Spotify et alThis interview was filmed at ARC 2026 in 🥇 association with The Pure Gold Company.
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.

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In case you missed it, here is this week’s piece. There are three really good company investment ideas in here, a lot of pictures and a lot of insights into what happens on the ground in junior mining companies. It is considerably more substantial than my usual weekly commentary.
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Follow Toby Young:
https://x.com/toadmeister https://dailysceptic.org/
Follow The Free Speech Union:
https://freespeechunion.org/joinhttps://x.com/SpeechUnion https://www.facebook.com/SpeechUnion https://www.youtube.com/c/TheFreeSpeechUnion Money Markets & More is the interview series from Dominic Frisby, exploring money, markets, gold, economics and more, and it is made possible by 🥇 the Pure Gold Company
📖 The Secret History of Gold:
Nothing in this programme is intended as investment advice. It is an expression of opinion only. Do your own research.


This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe