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In 1971, Nixon "temporarily" closed gold window.
In 2008, central banks "temporarily" went into crisis mode.
I'm temporarily skeptical it will all end well.
Axel Merk
40.7K posts
Axel Merk
@AxelMerk
Founder Merk Investments. USD ~4bn in gold & miners. Weekend rancher. tweets ≠ advice
- Replying to @WallStreetMav and @WallStreetSilvHonored to see the cartoon I commissioned years ago finally get the attention it deserves
- Replying to @KanzlerScholz and @BundeskanzlerMüssen Sie auch nicht, Sie können den Weg zu Wahlen unverzüglich freimachen — mit der Vertrauensfrage bis Mitte Januar zu warten ist gerade im Zusammenhang der von Ihnen angesprochen Themen verantwortungslos.
- Hey Bloomberg, we pay over $100,000 a year to access your fancy terminals and you won't spend $8 to have your journalists contribute to @Twitter - that's not cool. @business @opinion @TheTerminalIn a note to staff today, Bloomberg EIC John Micklethwait said that recent changes at Twitter have “heightened the risk of using the platform as a source of news.” He also said the company would not allow staff to expense a Twitter Blue account.
- Replying to @BabsVanExcept that the standard of living in retirement is higher than it has ever been for all income groups. It’s not all due to increased personal responsibility, much of it is that the elderly are the biggest voting block & have negotiated a range of benefits over the decades
- Replying to @NarangVipinModerna was founded in 2010. Now that the secret behind the name has been revealed, it might help get the message out that the vaccine was ten years in the making.
- Replying to @mark_dow and @GeoffreytsmithThe saying goes you find some of dedicated capitalists in a communist country — I suppose this applies to Islamic finance as well
- LME goes back to a previous close, cancels trades thereafter. Think about that.
- In your household, when you hit your debt ceiling, how do you resolve it?
- - you are not an oil trader - you have no position in WTI May contracts Yet you can't take your eyes off the screen. What's the best remedy against that? Asking for a friend.
