(1/8) Here is one example of how Nine "reporters" Nick McKenzie, Charlotte Grieve and Joel Tozer deliberately misrepresent facts to deceive readers. In the Age they wrote the following about my former business partner and recently deceased Mark Anderson. "Euro Pacific president (2/8) is Mark Anderson, a former US bankrupt previously taken to court by US regulators and fined for selling dubious high-risk financial products." Here's the truth. Mark was fined for selling investment-grade, tax-free municipal bonds to high-net worth, sophisticated investors

Despite no evidence of crimes, Puerto Rico regulators closed my bank anyway for net capital issues, rather than allow a sale to a highly qualified buyer promising to inject capital far in excess of regulatory minimums. As a result accounts are frozen and customers may lose money. The reason regulators gave for tuning down the sale is that post sale I would own 4% of the company buying the bank. They said that due to the bad press about me, they did not want me owning 4% of a bank, even though the know first hand the allegations in the media are false.

Student loan debt forgiveness is a horrible idea that will result in the following. 1) Higher #inflation: Money that otherwise would have been used to repay debt will be used to purchase goods and services instead. This increase in demand will drive up prices. 2) Much higher... college tuition: Student loan forgiveness will create the moral hazard of encouraging students to take on more debt than they otherwise would if they knew they had to repay their loans. This will make it easier for colleges to get away with even larger future tuition increases...

According to @elonmusk "Bitcoin is almost as BS as fiat money." So Musk regards both #Bitcoin and fiat as BS. I agree, I just think Bitcoin, which is digital fiat, is even more BS than the paper fiat issued by central banks. #Gold is not BS. It's real money and better than both! @elonmusk As an engineer you should know the distinction between a tangible element and a mathematical string of numbers is huge. Gold doesn’t need miners to power its existence, the laws of physics do that. #Gold provides owners with optionality: use, improve, or hold. #Bitcoin does not.

Here is how the Grayscale Trust helps fuel the #Bitcoin bubble. First Grayscale spends lots of money on @CNBC running non-stop ads pumping Bitcoin to investors. CNBC then returns the favor by constantly featuring pro-Bitcoin guests on air, who make pie-in-the-sky price forecasts. At the same time CNBC keeps Bitcoin skeptics off its air. This constant on-sided pumping results in GBTC trading at a large premium to its NAV, allowing Grayscale to create new shares of GBTC that it promptly sells into the market for an instant profit.

I said from day one that the #PPP would be rife with fraud. None of the 600 asset management firms that got "loans" needed the money. They got paid to retain workers they had no intention of firing. I could have taken the free money myself, but didn't want to lie to obtain it. Asset management firms like mine were not shut down. Our employees worked from home, none of our revenue stopped coming in, and soaring asset prices actually resulted in more revenue after #COVID19 than before. The #PPP money merely added to the windfall. It was a total fraud.