"The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar"
About this Quote
The line about empires declining "much faster than folks think" trades in a familiar market journalist move: urgency without a date stamp. It’s not a prediction you can easily falsify next quarter, but it’s vivid enough to sharpen investor anxiety now. Subtext: people anchor to recent memory and assume gradual fades, when history often delivers regime shifts, wars, debt spirals, and political fractures that turn "safe" assets into situational ones.
His gold-over-dollar bet is less about shiny metal worship than a vote against institutional credibility. The dollar’s strength rests on faith in US governance, fiscal restraint, rule of law, and global security commitments. Gold is the anti-institution: no central bank press conference, no partisan shutdown, no sanction risk. When he says gold will outperform, he’s really saying the stories that prop up the dollar will fray.
Context matters here: post-2008 monetary expansion, recurring debt-ceiling theater, and a multipolar economy have made "reserve currency forever" sound less like analysis and more like patriotism. Winnifrith’s intent is to smuggle a geopolitical argument into a portfolio recommendation: hedge not just inflation, but the possibility that the West’s political competence becomes the scarcer commodity.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Winnifrith, Tom. (2026, January 15). The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar. FixQuotes. https://fixquotes.com/quotes/the-200-years-when-britain-and-the-us-were-the-166786/
Chicago Style
Winnifrith, Tom. "The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-200-years-when-britain-and-the-us-were-the-166786/.
MLA Style (9th ed.)
"The 200 years when Britain and the US were the top two economies were an aberration and that will change. The decline of empires has happened much faster than folks think. I believe that gold will be a far better bet in 20 years than the dollar." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-200-years-when-britain-and-the-us-were-the-166786/. Accessed 18 Feb. 2026.

