Keith Weiner

Keith Weinerbullion.directory author Keith Weiner

Keith Weiner is founder and CEO of Monetary Metals, the groundbreaking investment company monetizing physical gold into an interest-bearing asset, paying yields in gold, not paper currency.

Keith writes and speaks extensively, based on his unique views of gold, the dollar, credit, the bond market, and interest rates. He’s also the founder and President of the Gold Standard Institute USA. His work was instrumental in the passing of gold legal tender laws in the state of Arizona in 2017, and he regularly meets with central bankers, legislators, and government officials around the world.

Buy Gold Because… It’s Pretty?

Buy Gold Because... It's Pretty?

Gold has a unique appearance. It is also astonishingly heavy—much heavier than it has any right to be. Everyone should hold one in his hand (and own a few). But that’s not why many gold analysts today are saying you should buy gold.

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What the Heck Is Happening to Silver?!

What the Heck Is Happening to Silver?!

The dollar rose this week, from 17.87mg gold to 18.24mg (that’s “gold fell from $1,740 to $1,705” in DollarSpeak), a gain of 2.1%. In silver terms, it rose from 1.61g to 1.67g (in DollarSpeak, “silver dropped from $19.24 to $18.64), or 3.7%.

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Is Gold About to Hit Mainstream?

Is Gold About to Hit Mainstream?

March of this year, Merryll Lynch disclosed an investment thesis called FAANG 2.0. It’s a fascinating idea and gold plays a prominent role. Why is gold considered a safe-haven asset? The answer is simple but profound.

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Rare Gold-Silver Crystal Sighting

Rare Gold-Silver Crystal Sighting

Something has happened which has not occurred since 2009. The silver basis—our measure of abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to the market than gold.

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Bitcoin Volatility is a Feature, Not a Bug

Bitcoin Volatility is a Feature, Not a Bug

First off, bitcoin is not a Ponzi scheme. A Ponzi is a fraud, in which the sponsor promises a yield. Bitcoin is closer to a pyramid scheme. A pyramid is not necessarily a fraud, and not necessarily illegal. Like a Ponzi, the gains come from new investors…

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Will Interest Rate Hikes Fix Inflation?

Will Interest Rate Hikes Fix Inflation?

Senator Elizabeth Warren and President Joe Biden claim that inflation[i] is caused by greedy corporations. And they propose to solve this problem by making the corporations pay. Whether it’s extracting a “windfall profits” tax, crushing them under even more regulation, or attacking them with antitrust enforcement, the idea is the same.

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The Silver Chart THEY Don’t Want You to See!

The Silver Chart THEY Don’t Want You to See!

On Thursday May 12, the price of silver fell about a buck. But… As with every one of these big price moves, the question is: what really happened? There is a theory which is often touted in the precious metals community. According to this theory, the banks sell futures to manipulate prices.

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Forensic Analysis of Fed Action on Silver Price

Forensic Analysis of Fed Action on Silver Price

On Wednesday, six hours before the Fed interest rate announcement, the price of silver began to drop. It went from around $22.65 to a low of $22.25 before recovering about 20 cents. We wonder a bit about how they keep privileged traders from peeking at such announcements before the rest of the world gets to see it…

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Is it Time for a Silver Trade?

Is it Time for a Silver Trade?

The price of silver has been going down, and then down some more. From over $28 a year ago, and over $26.50 a month ago, it’s now at a new low under $22.50. Four bucks down in a month. However, it’s been behaving differently than gold behind the scenes…

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Part 3: Oil, the Ruble and Gold Walk into a Bar

Part 3: Oil, the Ruble and Gold Walk into a Bar

Can we all recognize the simple fact that every government price-fixing scheme, ever, has failed? For example, banana republics have declared their pesos to be worth $1. But when the market decides to redeem pesos for dollars 1-to-1, the central bank abandons the peg.

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Part 2: Oil, the Ruble and Gold Walk into a Bar

Part 2: Oil, the Ruble and Gold Walk into a Bar

Often, Narratives pile up lots of baggage. To effectively deal with it, one must unpack it. One bit of luggage sticking up from the heap is the assertion that now the ruble has a link to oil…

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Oil, the Ruble, and Gold Walk into a Bar…

Oil, the Ruble, and Gold Walk into a Bar…

There is a Narrative about Russia and how it will change the monetary system. Many analysts in the gold community are promoting this story. There’s just one problem. It is like how Michael Crichton described the Gell-Mann Amnesia Effect: the newspaper is full of stories explaining how “wet streets cause rain.”

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The Halo Effect

The Halo Effect

It’s not fair. It seems these days everything claims to be *something something* gold. Oil is black gold. Melted cheese is liquid gold. There’s even red gold, a tomato company. It’s just not fair! It’s time to turn the tables, and the tide. To flip this thing on its head.

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Human Action in the Silver Market

Human Action in the Silver Market

We have recently seen an increase in social media posts about the big increase in short positions by the bullion banks. What would motivate them to short a commodity during this period of inflation, much less a monetary metal when central banks are printing money with reckless abandon?

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Part II of Ukraine and Inflation: Can Russia Enact Gold Standard?

Part II of Ukraine and Inflation: Can Russia Enact Gold Standard?

Can they do it? How would the world react? The Russian central bank reportedly has over 2,000 tonnes of gold. We have seen three arguments repeated many times, both in finance/economics articles and on social media.

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Ukraine and the Next Wave of Inflation, Part-I

Ukraine and the Next Wave of Inflation, Part-I

The term inflation is used by many people to mean rising consumer prices, regardless of the cause. Though most are aware of non-monetary causes, there is a tendency to scrutinize the quantity of dollars whenever prices are rising.

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This is Not the Silver Breakout You’re Looking For

This is Not the Silver Breakout You're Looking For

Every once in a while, one regrets not acting sooner, or not acting soon enough. In our case, we did not publish this Tuesday evening. We should have. Today the price is down, and others may also call for lower silver prices.

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The Zugzwang Position

The Zugzwang Position

It’s a funny bull market, this gold thing. Unloved by the mainstream commentariat, who desperately cry “barbarous relic”, and by the bitcoin bettors, who call it an “ugly yellow rock”, its price is now with a hair’s width of the all-time high. $1,905, as this Report is being written…

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2022 Gold Outlook

2022 Gold Outlook

In the full Outlook Report, we take an in-depth look at the market players, dynamics, fallacies, drivers, and finally give our predictions for gold and silver over the coming year. Our unique analysis of precious metals, encapsulated in our Supply and Demand model, is a true signal in an otherwise very noisy market.

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Fed Digital Currency Paper: A Response

Fed Digital Currency Paper: A Response

The Federal Reserve published Money and Payments: The U.S. Dollar in the Age of Digital Transformation, and solicits comments about its ideas for a central bank digital currency (CBDC). This is our extended commentary offered in response…

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The Zombie Ship of Theseus

The Zombie Ship of Theseus

The Ship of Theseus is an old philosophical thought experiment and asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? We are not going to try to resolve this millennia-old paradox. Instead, we are going to add one more element, and then tie it to the monetary system.

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Inflation and Gold: What Gives?

Inflation and Gold: What Gives?

The Different Theories on What Moves Gold and Silver Prices: In the last Supply and Demand update, we discussed some different theories which attempt to explain what causes the gold and silver prices to move. We mentioned the:

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What’s In Your Loan?

What's In Your Loan?

El Salvador has a scheme to borrow dollars to use bitcoin as a means to make more dollars. Those dollars will (they hope) be forked over by savers who will buy from them at a million bucks. Presumably, these new speculators will buy at a million bucks because they hope to sell at two million.

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Breaking Down the Dollar Monetary System

Breaking Down the Dollar Monetary System

If you ask most people, “what is money?” they will answer that money is the generally accepted medium of exchange. If you ask Google Images, it will show you many pictures of green pieces of paper. Virtually everyone agrees that money means the dollar. What does it mean to have a dollar?

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The Rising Fundamentals of Gold and Silver

The Rising Fundamentals of Gold and Silver

Prices move up and down, in the restless churn of our irredeemable monetary system. There are several schools of thought whose theories attempt to describe, if not predict, the next price move…

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Why a Yield on Gold Matters

Why a Yield on Gold Matters

Picture, if you can, a world in which gold circulates as the medium of exchange. People pay for everything, from groceries to rent, in gold. Employers pay wages in gold. Productive enterprises borrow gold to finance everything from food production to constructing apartment buildings.

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Why Isn’t Gold Going Up With Inflation?

Why Isn't Gold Going Up With Inflation?

Many voices in the gold community are making a simple point. Look at the prices of oil, copper, and other commodities. They are skyrocketing. The mainstream explanation is that the cause of this skyrocketing is the increase in the quantity of what is called “money”.

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Gold 1 – Bitcoin 0

Gold 1 - Bitcoin 0

A leader of the crypto revolution is borrowing dollars. Without any awareness of the irony, crypto promoters say that this validates crypto. That a crypto company borrowed dollars supposedly validates crypto. Think about it, take as long as you need.

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Keith Weinerbullion.directory author Keith Weiner

Keith Weiner is founder and CEO of Monetary Metals, the groundbreaking investment company monetizing physical gold into an interest-bearing asset, paying yields in gold, not paper currency.

Keith writes and speaks extensively, based on his unique views of gold, the dollar, credit, the bond market, and interest rates. He’s also the founder and President of the Gold Standard Institute USA. His work was instrumental in the passing of gold legal tender laws in the state of Arizona in 2017, and he regularly meets with central bankers, legislators, and government officials around the world.