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PhD, CEO & Founder
Keith Weiner is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. He is the founder of DiamondWare, a software company sold to Nortel in 2008, and he currently serves as President of the Gold Standard Institute USA. He earned his PhD from the New Austrian School of Economics.*
This essay is more philosophical than my typical writing. The reason is that I need to say something very important, that flies against everyone’s deeply held beliefs about money. And to get to the root of the issue, I must check and challenge the very concepts with which people think about the subject, in order […]
You can listen to an audio summary of this article below. Silicon Valley Bank (SVB) collapsed and was then seized by the California Department of Financial Protection on Friday, March 10. This came after a frenetic two days, when the bank announced a big loss, tried to raise capital, and then faced an accelerating run-on-the-bank. […]
If you’ve read the Purchasing Power and Inflation essays from this Anti-Concepts of Money Series we can now discuss the Anti-Concept of The Wealth Effect. The Anti-Concept of The Wealth Effect Here is the definition of wealth effect from Wikipedia: “The wealth effect is the change in spending that accompanies a change in perceived wealth.” […]
The life of an entrepreneur is not what most people would call “normal”. I don’t refer to the guy who buys a fast-food franchise. Nor to the gal who builds a chain of hair salons. Nor to the folks who have law or accounting firms. These are all entrepreneurship. I don’t know a lot about […]
We were going through some old bitcoin articles and realized we had a draft of an article Keith wrote that we never published. Better late than never! We hope you enjoy. Listen to the audio version of this article here. The History of Technological Innovation Bitcoin has an intractable problem, and it is intrinsic to […]
We finally had a resolution, of sorts, in silver. Since April 13, we have had a falling price of silver (indicated as a rising price of the dollar, as measured in silver). And along with this price trend, a growing scarcity of the metal to the market (i.e. the cobasis, the red line). Indeed, the […]
The headline reads “Moscow World Standard to Destroy LBMA’s Monopoly in Precious Metals Pricing”. Wow! Could it be? Is this it?! The gold revaluation we’ve all been waiting for! Someone, who has the power, will give us a venue in which we can sell our gold at its true price… how does $50,000 sound, eh? […]
Listen to the audio version of this article here. Since our last silver article, the price of silver has dropped. With due respect to Frederic Bastiat, the price is the seen. The basis mostly goes unseen. We will take a look at the market data, revised for a few more days of trading. Warren Buffett, […]
Listen to the audio version of this article here. The price of silver hit a peak over $26.50 on March 8. It spent about a month and a half breaking down, and then the bottom fell out. It’s currently down from that peak almost 8 bucks. Breaking Down Fundamental Silver Prices However, the opposite has […]
It’s pretty, isn’t it? Gold, Liquid Gold, and Inflation Gold has a unique appearance. It is also astonishingly heavy—much heavier than it has any right to be. It’s just an inch and a quarter in diameter yet weighs 0.075 pounds. Everyone should hold one in his hand (and own a few). But that’s not why […]
Monetary Metals & Co.
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