Read on Twitter
This is as appropriate a time as any to hold forth on an important distinction between sound money & the high-profile people who advocate it.
(Thread) https://twitter.com/peterschiff/status/1384633283661737984
(Thread) https://twitter.com/peterschiff/status/1384633283661737984
Nearly all of the high-profile people who advocate a return to sound money are trying to sell you gold. This doesn’t mean that they’re wrong, but it does mean that they’re not unbiased.
Examples:
Examples:
Peter Schiff:
Perhaps the most famous gold bug, but owns http://schiffgold.com and has bad takes like the above (his dad was, unfortunately, delusional & effectively believed a version of the sovereign citizen conspiracy).
Perhaps the most famous gold bug, but owns http://schiffgold.com and has bad takes like the above (his dad was, unfortunately, delusional & effectively believed a version of the sovereign citizen conspiracy).
Mike Maloney:
For all the good work he did trying to explain the historical basis for sound money, he runs some pretty cringe seminars and is trying to sell you gold via goldsilver.con
For all the good work he did trying to explain the historical basis for sound money, he runs some pretty cringe seminars and is trying to sell you gold via goldsilver.con
Stefan Gleason:
Despite the good work of the sound money defense league, he uses it to shill for the money metals exchange, his personal bullion business.
Despite the good work of the sound money defense league, he uses it to shill for the money metals exchange, his personal bullion business.
Despite the good educational materials they present, I find their disingenuous hucksterism to be intolerable, and therefore boycott their bullion businesses (and advise you to do the same).
I have no agenda, nothing to sell you, & own less than 1 oz of gold & less than 50 oz of silver, but if you want to at least hedge against a return to sound money without patronizing the above rouges’ gallery of websites, my recommendation is http://jmbullion.com
And just to be crystal clear: the above is NOT an affiliate link, because it would be the very height of hypocrisy to try to make money off of recommending a bullion website at the end of this thread (I’ll leave that to the above-listed cast of characters).
/end rant
/end rant
