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If you buy gold/silver/bitcoin, and it doesn't generate income, then you will have to sell one day.
If it generates income, then that's a game changer.
@Monetary_Metals pays interest on gold and silver. Currently offering 12% silver interest on silver.
If it generates income, then that's a game changer.
@Monetary_Metals pays interest on gold and silver. Currently offering 12% silver interest on silver.
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It's not that the dollar is purchasing less. It's purchasing a whole lot of useless ingredients. In this case, compliance.
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Strap a GoPro camera to a brick. Throw it off a tall building. Also throw a chunk of wood.
To the GoPro, the wood is going up. But not to anyone standing on the roof deck.
To the GoPro, the wood is going up. But not to anyone standing on the roof deck.
@Yentovon_ Prices *IN DOLLAR TERMS* are up. A lot.
For most people, that's it. Prices up. Wages up. Whether more or less, *THAT IS THE ONLY DEBATE*.
Meanwhile, in reality, it's: dollar down, prices down (not in dollar terms, and wages down).
How to measure? Gold.
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At what cost??
(also solid gold asteroid)
(also solid gold asteroid)
Alright, if thats the biggest longterm case against #GOLD, i‘m quite relaxed…
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Wages are falling. Consumer goods are falling.
But it's hard to see, because the dollar is falling. And we use the dollar to measure wages and prices. So it appears that everything is going up.
And people only care if wages or prices go up faster.
But it's hard to see, because the dollar is falling. And we use the dollar to measure wages and prices. So it appears that everything is going up.
And people only care if wages or prices go up faster.
The "golden age." Median household income hit a record $87,460 last year. (Census)
Priced in gold, that's about 25 ounces. In 2000 the median household earned about 150.
A record in dollars mostly tells you what happened to the dollar x.com/TrumpDailyPost…
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Keith Weiner retweeted
When profits fail to cover interest expenses, businesses become 'zombies'—relying entirely on cheap credit and a forgiving market to survive.
Watch the full interview with @RealKeithWeiner here:
youtube.com/watch?v=kLIjl_…
#ZombieDebt #Millettian #NRS #TheSteveYang #TheAndyMillette
Watch the full interview with @RealKeithWeiner here:
youtube.com/watch?v=kLIjl_…
#ZombieDebt #Millettian #NRS #TheSteveYang #TheAndyMillette
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"We need light rail to get these cars off the road (but I don't want to be crammed into trains)."
"We need more jobs in toaster factories (but I don't want to turn screws for a living)."
"Let's reset the monetary system, have a debt Jubilee (but I don't want to lose my money)."
"We need more jobs in toaster factories (but I don't want to turn screws for a living)."
"Let's reset the monetary system, have a debt Jubilee (but I don't want to lose my money)."
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Back in the 1980s, we didn't know that holding phone to your ear was a problem!
Now, if the earbuds run out of battery, it's a real problem.
Now, if the earbuds run out of battery, it's a real problem.
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Keith Weiner retweeted
Ron Paul spent 20 years demanding someone audit America’s gold.
Turns out it was being audited the whole time.
Jeffrey Christian breaks down the Fort Knox myth. The Treasury holds about 261 million ounces, sealed in signed vaults, with a full bar by bar count already done once ngle year, KPMG verifies the seals have never been broken. And it gets posted publicly on the Treasury website.
So when Ron Paul finally prepared his big hearing, the Treasury handed him 60 pages of assay results and said you never asked.
The gold is there. It always was.
Full breakdown in the video.
Turns out it was being audited the whole time.
Jeffrey Christian breaks down the Fort Knox myth. The Treasury holds about 261 million ounces, sealed in signed vaults, with a full bar by bar count already done once ngle year, KPMG verifies the seals have never been broken. And it gets posted publicly on the Treasury website.
So when Ron Paul finally prepared his big hearing, the Treasury handed him 60 pages of assay results and said you never asked.
The gold is there. It always was.
Full breakdown in the video.
Most of what you hear about gold and silver is wrong. Jeffrey Christian says that is because people treat it like a religion instead of doing the math.
@jchristiannyc1 joins the Gold Exchange podcast to separate fact from fiction. Fort Knox is audited every year and the gold is retly underreporting its reserves. And the silver deficit everyone cites does not actually exist, it was invented by marketers to sell you a tighter market.
His rule through all of it: do not invest on your beliefs, invest on your knowledge.
@CPMGroupLLC
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Keith Weiner retweeted
Monetary Metals’ GOFO™ and SIFO™ rates are available on the Bloomberg Terminal.
The market’s only independently calculated gold and silver forward rate series provides 3, 6 and 12-month forward spreads, with historical data dating back to 1996.
Find the rates via Commodity Spot Prices, {SPOT<GO>}.
#Gold #Silver #PreciousMetals
The market’s only independently calculated gold and silver forward rate series provides 3, 6 and 12-month forward spreads, with historical data dating back to 1996.
Find the rates via Commodity Spot Prices, {SPOT<GO>}.
#Gold #Silver #PreciousMetals
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Everybody, please report this fake account, impersonating me. Notice the misspelling of my last name (my name has an "n" not an "m"!)
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Higher interest rates --> consumer prices. Here are some thoughts to clarify why, what happens at a mechanical level.
A 🧵
A 🧵
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And if it's not possible to sell it, you'll have to close the business.
What do all these scenarios have in common?
Businesses either don't add capacity in response to market demand. Or even *reduce* capacity.
Is this what mainstream economics products?
12/13
What do all these scenarios have in common?
Businesses either don't add capacity in response to market demand. Or even *reduce* capacity.
Is this what mainstream economics products?
12/13
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