In the same category

Alchemy Rediscovered by Research Scientist, Report 1 April

IMG Auteur
Published : April 03rd, 2020
255 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
[titre article pour referencement]
0
Send
0
comment
Our Newsletter...
Category : Gold and Silver

“The Medievals were smarter than most people think,” says Dr. Michael Mus. “I mean, sure, they tortured people for believing that the sun was the center of our solar system, and they burned witches at the stake. But they knew a thing or two about gold.”

Picture of Dr. Michael Mus

Dr. Mus is working to perfect a method of turning lead and other base metals into gold. He says he is so close, that he will only need one more grant from the King government. Then he says, making the process a commercial success will of course require more money.

Details are sketchy at this point, though Dr. Mus says that his process is very technical.

According to a research report from AgN Aurmo, Mus’ invention will be worth trillions of dollars. The bank is backing MusGold, and plans an IPO sometime next year.

Noodel-winning economist, Raul Klugman, said central banks should take over the technology for the common good. “If they can print gold, it would stimulate the economy 1,600 times better than when they print dollars.” He is referring to the price of gold, currently worth about $1,600 per ounce.

Not everyone is happy at this discovery. Monetary Metals would have to find something else to do. As its founder and CEO Keith Weiner says, “With the economy saved, and with people able to print as much gold as they want, who needs interest on gold?”

“That’s just creative destruction,” whispered the ghost of Austrian economist, Joseph Schumpeter.

© 2020 Monetary Metals

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Keith Weiner is a technology entrepreneur and president of the Gold Standard Institute USA. He was the founder of DiamondWare, a Voice Over Internet Protocol software company, which he sold to Nortel in 2008. He is an Objectivist who has his PhD from the New Austrian School of Economics, with a focus on monetary science. Keith, who currently trades and analyzes precious metals and commodities, advocates a return to a proper gold standard and laissez-faire capitalism. He lives with his wife near Phoenix, Arizona.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.