A new era of monetary rivalry unfolding? As the East is doubling down on #gold to challenge the US dollar's supremacy, the West is considering to embrace #Bitcoin as a strategy to secure monetary dominance...
The East could use #Gold to check the West. The West could use #Bitcoin to checkmate the East.
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Mark J. Valek retweeted
BREAKING: The EU is planning to require a passport to access the internet. And they want to block VPNs to enforce it. "The new age verification system cannot be bypassed via VPN." Read that again. A digital passport. For the internet. Enforced by blocking the tools that protect your privacy. This is what the trajectory looks like. > Cash banned above €10,000. > Bitcoin requires ID above €1,000. > Privacy coins banned. MiCA eliminating 90% of crypto firms. And now internet access tied to your identity. With VPN circumvention specifically blocked. Every layer of digital privacy. Being dismantled one regulation at a time. While America debates zero capital gains on Bitcoin. Europe is building a system where every click, every transaction, every website visit. Is tied to your passport. This is not consumer protection. This is digital authoritarianism. And they're not hiding it anymore.
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Mark J. Valek retweeted
BREAKING: Europe has just opened its largest AI data center Located in Germany, this gigantic facility will power the largest AI companies in the world (commonly referred to as "Mistrals") As photo shows, the opening gathered Europe's youngest and most prominent AI founders It is completely over for OpenAI and Anthropic
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Mark J. Valek retweeted
#OctoberSurprise this new life is thanks to everyone who fought for my freedom
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Mark J. Valek retweeted
Germany destroyed its own price controls in 1948 and watched an economy resurrect itself inside eighteen months. Ludwig Erhard did it unilaterally. On June 20, 1948, he abolished the Nazi-era price and wage controls that the Allied occupation forces had maintained, then went on radio to tell Germans what he had done before anyone could stop him. The American occupation authorities were furious. General Lucius Clay demanded an explanation. Erhard told him he had not reformed the controls, he had abolished them. The results were immediate. Goods reappeared on shop shelves within days. Germans who had been hoarding anything of tangible value started trading again because currency reform and price liberalization made holding marks rational for the first time in years. Industrial output rose 50 percent in the six months following the reform. The villain in this story is price controls, and the economists and bureaucrats who insist they tame chaos rather than create it. Price controls tell producers to stop producing and tell consumers to hoard. Every time. The postwar German black market proved it: the official economy was starving while the illegal economy fed people. Erhard simply liberated the black market by freeing prices. You benefit from this history whether you know it or not, because it settled an empirical argument that interventionists have been trying to reopen ever since. Free prices coordinate production without a central planner. Suppress them and you get empty shelves and queues. Germany in 1946 had both. Germany in late 1948 had neither. The so-called Wirtschaftswunder, the economic miracle, was not miraculous; Erhard applied basic economic logic that Friedrich Hayek had already formalized in 1945 in "The Use of Knowledge in Society." No central authority possesses the dispersed, local, constantly changing information that prices aggregate and transmit. Bureaucrats trying to set correct prices are not just inefficient; they are epistemically incapable of the task. Hayek made the theoretical case, thrn Erhard ran the experiment on a starving nation, and proved it. West Germany grew at roughly 8 percent annually through the 1950s. East Germany, running Soviet central planning across the same ethnic population with similar prewar industrial infrastructure, stagnated and eventually built a wall to prevent its citizens from leaving. That comparison is about as clean a controlled experiment as political economy ever produces. Same people, same history, radically different institutions. The lesson: prosperity flows from secure property rights, sound money, and voluntary exchange. Erhard gave West Germans all three in one afternoon.
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Mark J. Valek retweeted
Off to #Colorado: #PreciousMetalsSummit, then #DenverGold #AmericasForum. 74 one-on-one meetings with mining companies on the calendar. Rumor has it @LawrenceLepard holds the record... Larry, consider yourself warned .-) Cu soon!
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Is gold overvalued or are huge price increases of beer coming? @RonStoeferle @MarkValek
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Mark J. Valek retweeted
A new US home now costs less than 100 oz of #gold: never happened before in 63 years of data. 1970: 684 oz 2026: 91 oz Choose your unit of account wisely. via @MiningVisuals miningvisuals.com/post/a-us-…
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Mark J. Valek retweeted
I'm back.
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Mark J. Valek retweeted
Die 40% Regel gilt dann selbstverständlich auch für Panzerg*renadierende, Straßenarbei*tende, Kanalräu*mende, Starkstromelektrike*nde, Gerüstbau*ende, Müllabfü*hrende und Kampfmittelräu*mende, nicht wahr?
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Here's the thing: Bessent could "buyback" all $40 trillion in US debt with cash from the TGA... he just would need to re-mark gold to $155,000 an ounce
"Like QE But Without The QE": What Trump's Upcoming Gold Revaluation Shock Will Look Like zerohedge.com/markets/qe-wit…
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Mark J. Valek retweeted
Meanwhile, at the Federal Reserve Bank of New York
Fabiano Andrade
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Mark J. Valek retweeted
Wars of aggression, based on lies, against people who had nothing to do with 9/11, are justified because I’m emotional about 9/11. Facts don’t care about your feelings!!!
Reminder that our “endless war” in the Middle East was 100% justified.
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Mark J. Valek retweeted
BREAKING: Trump says he will give every adult citizen $5,000 if GOP wins the midterms Idiocracy was so far ahead of its time 🤣
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Mark J. Valek retweeted
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
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Mark J. Valek retweeted
An unsere deutschsprachige Leserschaft: The rules of money are being rewritten. This is your week to understand them, not read about them after. September 10, with @RonStoeferle and @MarkValek: • Gold's role in portfolio allocation • Why mining equities require active timing • How research translates into portfolio construction Webinar in German.
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Mark J. Valek retweeted
The Bank of England was born in 1694 to fund a war. William III needed £1.2 million to fight Louis XIV, Parliament wouldn't raise the taxes, and a group of London merchants solved the problem by creating money from nothing. That arrangement has never really ended. The mechanics were straightforward. The merchants lent the Crown £1.2 million. In exchange, they received a royal charter permitting them to issue banknotes far in excess of their actual gold reserves. They created credit, lent it to the government, and charged 8% annual interest plus management fees. The government got its war. The bankers got a legally protected monopoly over English money. Naturally, inflation followed. Murray Rothbard traced this exact model across three centuries of central banking history. The pattern never changes: crisis, emergency, currency expansion, wealth transfer from savers to the politically connected. By 1720 the South Sea Company's collapse wiped out ordinary English investors who had trusted a financial system the Bank quietly backstopped and promoted. The Bank's founders, by contrast, had already cashed out. 1694 is not ancient history; the template is still running today. Every quantitative easing program, every emergency lending facility, every "temporary" credit expansion traces its intellectual and institutional lineage directly to Threadneedle Street in the reign of William III. The wars changed. The monarchs changed. The creditors collecting interest on government debt kept their seats.
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Mark J. Valek retweeted
Flashback 2009: The "What if" Speech The more things change...
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Mark J. Valek retweeted
Ron Paul was one of the two members of the US Gold Commission who voted for gold as money. Fifteen voted the other way, and he has not moved since. He is an optimist about it, which is not the obvious position after forty-five years. Most people do want to be free and prosperous, he says, they just have not been given the economic policies they need. The full conversation with Mark Valek: piped.video/5AQHpMZkS0A
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Must Watch ‼️‼️
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Mark J. Valek retweeted
What iconic debate moment will you never forget?
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