Keith Weiner
@RealKeithWeiner
Founder and CEO of @Monetary_Metals, Economist, Specializing in gold, money and credit
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.
The macro economic fallacy. It's the collective "we" and aggregate quantities of resources. Perhaps the people who need housing are not in the vicinity of dead malls?
Tear them down and build housing. There is no way this should be challenging. Every abandoned mall should be hundreds of new apartments.
This goes against what I believe about the moral imperative of money serving as an honest measure. Money is private property—it needs to be a dependable store of value. Government should not be able to manipulate the value of money you have earned as just another economic…
Because the voters know which politicians know which workers "we" need--better than the companies who would hire them. For example "we" "know" that we need lots and lots of solar and wind power guys and no dishwashers. #SocializedDecisionMaking
The Trump administration has proposed ending the H-1B visa lottery and replacing it with a weighted system that prioritizes foreign applicants with higher salaries and advanced degrees. The reforms would increase the volume of ‘skilled’ foreign workers and reduce the volume of…
Exciting that silver has gone up so much... Now, you can trade it for 8% more dollars than a few days ago. There is no way to profit from having precious metals except (1) selling (2) putting them to work with @Monetary_Metals. Silver lease paying 3% is now open.
The EU will hit its own citizens. That's how tariffs work. Like a partial blockade. Driving prices up, and impoverishing the people. Which will be called inflation, and people will demand the ECB hike the cost of financing domestic capacity. Perversity all around!
This has been possible in the US since 1975.
One of the most important and biggest mean reversion trades in 100 years👇 It's footprints can be seen in gold prices, gold flows, UST and western sovereign bond markets...and yet most macro participants have not had the trade on (long gold, short LT western sovereign bonds.)
Has the Internet moved on from expert analysis of Middle Eastern politics and interest rate policy to ... *picks random topic* Ethics of CEO having affair with HR Director?
One of the many problems with defining economics in terms of "scarcity". The human desire to consume is unlimited. So long as govt does not keep them apart, those who want to consume will do business with those who want to produce the consumer goods.
Every new technology since the time of Ludd has created new job opportunities. Why is this time different?
With economic stats you have to understand the precise measurement methodology, or else you could conclude wet streets cause rain.
Who wants to tell him that the import price index measures the pre-tariff price? If foreigners were eating the cost of (roughly) 10% tariffs, pre-tariff import prices would be down 10%. They're not. Therefore Americans are paying basically all of the tariffs.
Bitcoiners correctly point out the dollar is slowly losing value. Yes, but does not wipe out merchants.
Stable--compared to your debt service, rent, cost of goods sold, and payroll.
Merchants who sell flatscreens or farmers who grow wheat shouldnt accept gold. Same reasons that they shouldnt accept bitcoin. 1 price volatility--they could have a shortfall paying vendors / creditors (though gold is far less volatile) 2 the loss from the bid-ask spread
Pet peeve: waiter brings dish which is *visibly and audibly* sizzling, boiling, etc and says "be careful, it's hot!" Yeah, the oil splattering off it, and the steam vigorously roiling, didn't clue me in...
Money is subject to the Network Effect. Bitcoiners know this, and claim it has a greater network than other crypto. But they disregard the NE of the dollar. Thus don't understand why merchants and producers need dollars.
That feel when the crowd who yell "learn about bitcoin!" literally don't know about drawdowns.