chris goodfellow

Graduate McGill University (1968) and Cornell University (1970).

[chris goodfellow @Sibateo]

@McClellanOsc @LynAldenContact Oversupply oil
Oversupply dollars
Oversupply debt
Oversupply leverage
Oversupply global risk

Undersupply gold

[chris goodfellow @Sibateo]

@MBAeconomics1 I said $50l 30 years ago. If revalued it must be at a sufficiently high value to monetize all the debt plus some because the subsequent economy is going to need liquidity and people will need to be encouraged to hand over their gold. Your $150k is reasonable.

[chris goodfellow @Sibateo]

@Ever__Gray @WSJ Hideous!

[chris goodfellow @Sibateo]

I beg to differ Rob. Linked to gold is NOT THE SAME AS REDEEMABLE FOR GOLD. So we take the Treasury’s gold and hypothecate to cover T-Bills/Bonds with some as yet undefined/unclear FUTURE redemption. These bonds are in turn sold to a select group of crypto shysters who will issue stablecoins that can be used for both national and international settlement.
This is not Bretton Woods 2.0 or 3.0, it is a crooked scheme to hypothecate the nation’s gold to a select few people/institutions who will then have the privilege of essentially running the nation’s settlement system. Ripe for fraud and theft. Moreover government essentially gives up currency creation to a plethora of questionable issuets’´´´´´´´ vccWho is going to set interest rates on these stablecoins and who is going to control or give permission to issue stablecoins? We have a perfectly good system now with a single currency issuer setting interest rates. The only problem is Nixon took redeemability off the table.
Reprice gold. Issue a new directly redeemable for gold currency without middle men or schemes like the genius act (my eye) and we will have control over our currency again and re-establish trust in the USD as an international currency of settlement. At this point i trust a FED system more than some scheme run by Bessent, Trump and Lutnick. These guys cant wait to get their hands on that Treasury gold. STOP THE THEFT.

[chris goodfellow @Sibateo]

@DrJStrategy I am now convinced you work for Trump in spreading misinformation simply for November 3.

[chris goodfellow @Sibateo]

James all you write may be true in theory but what you are missing is what is going on with the money supply. As long as there is liquidity and increasing money supply people dont care about interest rates as they figure the fed will continue to bail them out with printed money. High rates in and of themselves now help create inflation not control it.

[chris goodfellow @Sibateo]

@SteveSchmidtSES Google. “Goodfellow 1933 Flaglerlive”

[chris goodfellow @Sibateo]

@PaulSGundlach Sent my mail in ballot from Canada yesterday! Vote !

[chris goodfellow @Sibateo]

I agree with most of Hayek but the idea of private enterprise money means changing from one scoundrel (central bank) to many scoundrels. The real money is gold. Gold in your possession or in private depositories under your control. All else is counterfeit including crypto. Wait till AI starts sweeping crypto from accounts!

[chris goodfellow @Sibateo]

@minenergybiz Lets hope dividends grow along with the cash balances.

[chris goodfellow @Sibateo]

@realAnn_29 What utter knee jerk ignorance. I suppose you react the same when you see MK kosher labels. Tilamook make great cheese, butter and ice cream too. Keep supporting a great 543 business!

[chris goodfellow @Sibateo]

@token2049 Grifters all of them. Never did a hard days work. Never produced anything.

[chris goodfellow @Sibateo]

@NancySinatra Apparently not.

[John Delaney 🇺🇸 @JohnDelaney]

Let's be very clear on this one point.

The President mocking a former President in front of the communist leader of China is the most un-American thing an American president has ever done.

[chris goodfellow @Sibateo]

@LukeGromen Said it all in 1993

[chris goodfellow @Sibateo]

@KennyPayton01 @Bill43111 @HormuzLetter Yeah absolutely. They would never have opened the hornets nest.

[chris goodfellow @Sibateo]

@stevenailz22285 @Bill43111 @HormuzLetter No Trump started it. Bibi maybe talked him into participating but Trump thought it would go down like Venezuela and he would be a hero. Knows nothing of Iranian history. Biggest surprise of his life and now he does not know how to disengage. Stupid stupid stupid.

[chris goodfellow @Sibateo]

@atrupar Freight will kill you. Stupid. Potash from Sask moves by rail easier distribution. Belarus - rail to ship then unload and ship to rail. Trump knows nothing about logistics. Zero. If he knew logistics he would never have started the Iran shit.

[chris goodfellow @Sibateo]

@TimJone03236804 @GoldSwitzerland Trillions of bad loans out there and you will soon see them as interest rates have risen.