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Economics 101: Lesson 1:
#Economics is the study of scarce means used to attain subjectively valued ends.
X is funny. Some of my (imo) greatest posts and replies never get any attention, but a misspelled random half serious reply gets 90+ likes 😅
Andy Stackson retweeted
Anarchists should support capitalism, particularly the form advocated by the Austrian School, as it represents the most anti-authoritarian system imaginable
The financial media runs on a protection racket, and you are the mark.
Peter Schiff has been predicting hyperinflation and dollar collapse every single year since 2009. Seventeen years. The dollar is still the world's reserve currency. Schiff still sells gold funds and books interviews on CNBC. Nobody fires the guy. Nobody even interrupts him.
This persists because bad forecasters carry no skin in the game. A surgeon who botches operations loses patients, then loses his license. A market pundit who botches calls loses nothing. He collects his appearance fee, pivots to "the collapse is coming, just delayed," and books his next podcast. Confidence is rewarded over accuracy.
Media platforms compound this by optimizing for engagement, not truth. A loud, dramatic prediction of imminent catastrophe generates clicks. A sober probability-weighted assessment of capital allocation generates yawns. Networks select for the wrong trait aggressively and repeatedly.
There is also what Nassim Taleb ironically calls the "no skin in the game" problem. When a commentator manages no real capital, faces no audit trail, and bears no fiduciary duty to anyone watching, accountability simply has nowhere to land. Ironically because he is one of the worst offenders in the space.
Sadly, audiences do not track prediction records. You watch a pundit in October 2026 and form impressions based on his current confidence, not his track record since 2019. He exploits your memory gap completely.
Demand a track record with dates. Every call, every outcome. Forecasters who survive that scrutiny deserve your attention. The rest are selling you certainty because certainty sells.
Here are people with excellent and honest track records to follow:
@LukeGromen @RonStoeferle @saifedean @LynAldenContact @ThomasEWoods @porterstansb @LawrenceLepard @TaviCosta @NickHudsonCT @CorySwan @SantiagoAuFund @MacleodFinance @profstonge
Who would you add? And who are your worst offenders?
#Silver is heading further South. I hope the lower trend line support holds. Will be buying a lot at that level if it does.
#Silver coin of the day:
10 Francs 1965 - France
25g
900/1000
Andy Stackson retweeted
Still waiting for those who say “property is theft” to give up their property.
#Silver coin of the day:
1 Krone 1915 - Denmark
7.5g
800/1000
Andy Stackson retweeted
The demise of American coinage is the story of US money in a nutshell. Coins were made of gold and silver. Today, even coins of base metals have face values less than the value of the metal itself. | Dale Batko
mises.org/mises-wire/inflati…
Yeah, we should switch to socialism and have underproduction instead. We need a strong leader in a big palace telling us what we need and how much of it.
Andy Stackson retweeted
Silver.
I’ve been saying the same thing for months.
If there’s a moment I’m adding to my silver position, it’s now.
The time to buy is when there’s fear. When people are frustrated. When they’re calling silver garbage.
Not when it’s at all-time highs and every Furu is calling for $200, $300, or even $500.
When will it bottom? I don’t know.
At what price will it bottom? I don’t know.
And honestly, nobody does.
I see plenty of “experts” calling for a bottom at $48, $35, $30…
If we actually reach those levels, we all know what happens next: most of them will get scared, won’t buy, and start calling for $20.
Historically, silver corrections from all-time highs tend to run 50–70%. Right now we’re roughly 56% off the January peak.
Statistically, that puts us closer to a bottom than to the top.
Do with that information whatever you want.
P.S.
To everyone saying “but silver might range for years — opportunity cost”:
No serious investor goes all-in on silver. Don’t be that person.
It’s a solid diversifier and more volatile than gold. That’s the point.
#Silver getting close to $50. I think we can reach $40 before the end of the year.
If all prices go down over time, people can buy more goods with the same amount of money. Why is that a bad thing? (Rhetorical question).
#Silver coin of the day:
25 Cents 1963 - Canada
5.83g
800/1000
#Silver coin of the day:
20 Euro "Heidiland" 1998 - Liechtenstein
25g
925/1000
How to say your IQ is 68 without saying your IQ is 68.

































