Roy Sebag
@roysebag · http://www.mene.com · joined 03 Sep 2014
Founder @Goldmoney | @Mene | Natural Philosophy
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The price of oil reminds us of natural limits which cannot be conquered or vanquished by man. No demand, no physical place to store, price must decline. Cost of storage is an attribute of monetary fitness. Oil fails this basic test and that’s why it can’t be a store of value.
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20 Apr 2020
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@roysebag It's all monetary. That's what my 10 years of digging has concluded. When the world left the gold standard but still based their money supply on the USD, the slow motion worldwide Weimar hyperinflation began.
Nothing isn't touched by this.
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18 Apr 2020
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@roysebag 1. Nutrition (processed foods and sugar overloads)
2. Government (ever expanding its powers and behaving like the almighty power just like the church did 400 years ago
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17 Apr 2020
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Features of our modern world with troubling signs of virulence for which there is no desire to "flatten the curve":
1) Fiat monetary debasement
2) Social Media usage
3) Wealth Gap
Can you think of more examples that poison society just as a virus does?
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17 Apr 2020
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Four weeks ago the US National debt was $23.5 Trillion. As of yesterday it is $24.4 Trillion. So $900B of new debt issued directly to the Fed "for the people". The other $1.1 Trillion went to bail out billionaires. Alas, the entire $2 Trillion = inflation. All in just 4 weeks!!!
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17 Apr 2020
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Fed balance sheet moved up to $6.368 trillion, a new high. In the last 4 weeks it has increased over $2 trillion. https://t.co/0o4Fc41fON
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17 Apr 2020
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6 Books 6 People - Finance/Gold version by popular request:
Raven of Zurich
Money and Magic
Margin of Safety
Reminiscences of a Stock Operator
Confusion de Confusiones
A World in Debt
@ButlerGoldRevo @MacleodFinance @RonStoeferle @LibertyBlitz @ttmygh @S_Mikhailovich you're it!
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17 Apr 2020
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We built a jewelry brand that does a better job at wealth management than profesional asset managers.
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14 Apr 2020
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Probably my best ROI of any asset I bought in last year, a ring for my wife from @mene https://t.co/BPMZNNm9Ti
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13 Apr 2020
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