Bill

@MoneyMetals @streamex think about adding 3-4% yield to that?

Gold's average annual returns have been around 7.9%-10.9% over the last 25-50 years.

@galgitron @__modeerf__ @AriDavidPaul @galgitron say you don't understand risk markets without saying you understand it! Do some education on the field galg!:)

@__modeerf__ @AriDavidPaul So let me get this straight: you're implying 100s of crypto assets are implicitly correlated. Sounds legit.

In short: no. I was a wall st market maker 15 years ago, explicitly exploiting inefficiencies in products like ETFs. Market makers absolutely do “game the system” in all sorts of ways, but for liquid products like BTC ETF, their actions mostly have the effect of adding meaningful but small costs to consumers; it doesn’t meaningfully change the asset price. For example, market makers may manipulate the price to run stop limit orders. But that’s typically on an intraday timeframe. So they might run an asset like MSFT or BTC 2% in a weak market to trigger stops, then a few seconds or minutes later, the price is mostly back to where it was before. I.e. the price manipulation activities are typically small price moves, made and reverted quickly. Why is BTC down? Because OGs sold tens of thousands of coins, and not enough people wanted to buy them. There are rare exceptions where wall street manipulates an asset in major ways longer term, but this is quite rare because it’s very risky and not as easy as it looks to profit. 99% of the time that an asset isn’t moving like you want and people are crying “manipulation”, it’s best to embrace the cognitive dissonance, avoid the “easy way out” of blaming manipulation, and work to improve your predictive models to better match reality. 1% of the time it really is manipulation as the primary factor. Lastly - everything I’ve written only applies to *short* manipulation. Manipulating stuff *higher* (including bitcoin) happens all the time across many assets.

Game changing! 3,5% yield on gold paid in gold!

@Monetary_Metals @RealKeithWeiner @galgitron

Keith Weiner (@RealKeithWeiner), CEO of Monetary Metals (@Monetary_Metals), breaks down what actually happened during the massive gold and silver selloff—and why understanding leverage and basis movements matters more than headlines: youtu.be/r9NI76ZuCWA

@galgitron @TheStalwart Or maybe the marginal buyer is getting weaker? Smells like 2008.

@TheStalwart AI-bottification. galgitron.net/Post/Conspiracy

The fact that crypto and silver are getting clobbered at the same time as the SaaS stocks makes me think that the "AI disruption" story is a little too pat of an explanation for what's going on.

@nbxcom @nbxcom you should lease or lend your gold to make it productive like many others do!

@galgitron @RealKeithWeiner @Monetary_Metals Lol, profitable through making money on speculation*! ofc they need to be profitable!

@galgitron @RealKeithWeiner @Monetary_Metals Your thesis that hedge funds need to be profitable to make money is seen through a fiat lense, this is only true because you see through a fiatlense where everybody is forced into speculation rather than investment returns! monetary-metals.com/insights/artic…

Yes, I'm on the rag. galgitron.net/Post/Conspiracy

@galgitron @RealKeithWeiner @Monetary_Metals Also, monetary-metals.com/insights/artic… to explain the nature of a futures market and why the market is not manipulated. At least not how you think! It's good articles, would really recommend Keith's work!

@galgitron @RealKeithWeiner @Monetary_Metals Dollar is credit, gold is money! Things seems manipulated in all kinds of ways because of the central planning of credit! Value should be measured through gold, only then does the world make sense and you can see that silver and gold is not manipulated!

@bergensblomsten @RealKeithWeiner @Monetary_Metals Don't defer, stand your ground. Why is my money concept off?

@SolveExistence @MarkAHoffman2 @Sorenthek @paoloardoino Because the US made it illegal to redeem, first for us citizens, then for the world. After years of goverment counterfeit credit.

@bergensblomsten @MarkAHoffman2 @Sorenthek @paoloardoino But we already have a thoroughly established history of this disappearing. It used to be that way, then it just… wasn’t. Why? Use of “emergencies.”

There are foreign countries that are buying a lot of gold, and we believe that these countries will soon launch tokenized versions of gold as a competitive currency to the US dollar.” — CEO, Tether @paoloardoino This statement is unusually direct for a private-sector executive. On its surface, it reads as a competitive observation about foreign monetary behavior. At a deeper level, it reveals something more consequential: a private issuer of digital money openly framing its strategy around nation-state monetary conflict. That framing is neither casual nor rhetorical. It signals participation in a geopolitical contest over the future architecture of money. It is quite possibly the most important and most revealing thing that an executive has said about the current world situation monetarily ever

@Leowilprivacy @MarkAHoffman2 @Sorenthek @paoloardoino Nope, redemption! It's almost a forgotten concept.

@bergensblomsten @MarkAHoffman2 @Sorenthek @paoloardoino Are'nt you talking bout collateral and liquidity?

@MarkAHoffman2 @Sorenthek @paoloardoino Bankers want to bank, they want to stay in business. Ability to redeem will keep them sound. The problem with today's world is currency is irredeemable.

@bergensblomsten @Sorenthek @paoloardoino How does that prevent fractionalized reserve gold token banking? Bankers are gonna bank. I'm missing the part here of how this new class of bullion bankers is prohibited from fraud.

@MarkAHoffman2 @Sorenthek @paoloardoino The key is redeemability

How is tokenized gold different than paper gold in the sense the token/paper issuer needs to convince holders that enough physical gold is held to back the token/paper? It's still a matter of trust. This is one advantage of bitcoin because transferring BTC moves the actual asset.

@MartinHonnold @Monetary_Metals Streamex and Ogold is doing some interesting things in that direction with monetary metals.

@Monetary_Metals I hope you create more teck/products and move America in that direction

In Turkey, thousands of jewelry businesses don’t keep their books in local currency—they keep them in grams of gold. Inventory, receivables, payables, and performance are all measured in gold, not money that’s constantly losing value. Why? Because inflation distorts reality. When your currency is unstable, you can’t even tell if your business is truly improving or just riding price increases. Gold creates a stable baseline that cuts through the noise. As Gokhan says (@gokhanyilmazhr) while most businesses fight currency fluctuations, others opt out entirely. If your measuring stick keeps shrinking, your numbers are lying to you.

@Cernovich "protect consumers" is a slogan to kill a free market.

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@BitcoinMike23 @RealKeithWeiner So the argument is that something artificial is made of nature but something of nature (gold) is less nature?

"Perfect" collateral. "Pristine" collateral says another guy. Leaving aside the immaculate analogies for bitcoin as collateral... What it isn't is: borrowed. Bitcoin is like real estate: dollars are borrowed against it as collateral. As opposed to money or currency.

@SecScottBessent If we measure the US (or world economy for that matter) in gold, it's all been in a steep decline since the 1970s!

America’s Golden Age is underway, and the best is yet to come. Inflation is down. Energy prices are down. And real wages are up. In 2026, working Americans will see bigger refunds and higher take-home pay thanks to President Trump and the One Big Beautiful Bill.

@wasupmt @GoldTelegraph_ That's a fair Statement, but government debth need to be eradicated some way, a gold bond could be the answer! But private opportunities is available also, like @Monetary_Metals gold bonds that yield in kind by financing production!

@GoldTelegraph_ The US already defaulted on its supposed "gold backing" before. Why the fck would anyone want a gold bond when you can simply buy gold?? (Without the risk of the corrupt US govt?)

GOLD TELEGRAPH CONVERSATION #11 JUDY SHELTON “The message of gold going up is that people are expressing discomfort with the way governments try to manage the economy and manage the world…” In this episode, Dr. Judy Shelton joins me once again to explain how restoring integrity to money through gold-linked bonds and honest monetary policy could reshape the global financial system and return power to the people. She also warns that the United States must move before China to lead the next era of monetary reform. I hope you enjoy this discussion, and thank you, @judyshel, for joining me.