Image
user avatar
Keith Weiner
@RealKeithWeiner
Founder and CEO of @Monetary_Metals, Economist, Specializing in gold, money and credit
monetary-metals.com
Joined July 2010
1,206
Following
17.5K
Followers
  • Pinned
    user avatar
    Keith Weiner
    @RealKeithWeiner
    Jun 30, 2024
    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.
    109K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Jul 15, 2025
    A merchant accepted $123K worth of bitcoin yesterday. Before he can pay his vendors today, it dropped to $115K. The merchant is short the money he needs to pay. It isn't complicated to understand, why bitcoin doesn't work as medium of exchange.
    553K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Jun 18, 2022
    Gold is just bitcoin without the potential to go to $0.00.
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Jul 4, 2024
    What's the word for something that goes from $71K to $57K in under a month? "Store of Value!"
    Image
    481K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Oct 21, 2022
    An under-appreciated idea of the Austrian School: The damage is done during the boom. The bust does not destroy wealth, it's just the accounting catching up to the reality.
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Apr 21, 2023
    Socialism is not about economics. Socialism has no economics. It is about envy.
    Image
    130K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Jan 8, 2022
    Image
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    May 19, 2024
    In 1965, an unskilled laborer made 71 oz gold / year. Now a senior software engineer makes 52 oz. Wages and prices have fallen massively, measured in objective units. But we use the dollar, which has also fallen massively. So it appears as if wages and prices rose. Workers
    93K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Aug 16, 2024
    Capitalism is about creating value. Socialism is about taking value.
    26K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Dec 12, 2024
    Replying to @HukAleksandra
    Blame the Bank Secrecy Act and the onslaught of anti money laundering regulations
    201K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Mar 5, 2024
    Bitcoin -$3600. In under 2 hours. This is not savings, not money, not even currency. Nothing but a speculation, a casino chip. Will it go up to $100K and beyond? Maybe. I don't know, and neither do the glib voices who assure you it will.
    399K
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Jan 22, 2022
    "Lol, bitcoin's 50% drop doesn't bug me, I paid $300 when I bought in, so I am still up 100X." -- people who told me to buy at $68,000
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Aug 18, 2022
    Socialism is the belief that outsourcing your own care and feeding to politicians and bureaucrats will work out well for you. And it's really popular.
  • user avatar
    Keith Weiner
    @RealKeithWeiner
    Jun 4, 2025
    Yesterday, I asked what currency could replace the dollar as global reserve? Several people said bitcoin. This is impossible, because bitcoin is not lent or borrowed. So it has no function in credit, hence banks will not hold it as a reserve. Short 🧵
    42K