Why Bitcoin is Not Money

Keith Weiner returns and Kimberly Ann of Lahontan Gold Corp joins host Jay Taylor for the first time.

J.P. Morgan stated that only gold is money. Everything else is credit. Now in the midst of a credit and banking crisis, there is a normal risk off move into U.S. Treasuries but this is the first global financial crisis in which some investors, especially the young, are not choosing the most time-tested store of value in history—gold, but rather bitcoin. Is bitcoin money just another form of credit? What is bitcoin actually good for, if anything? Those topics, along with Keith Weiner’s views for the U.S. and global economy for the remaining nine months of 2023, will be explored.

Kimberly who is a very successful mineral exploration entrepreneur and now the founder, CEO and President of Lahontan Gold Corp will talk about how she plans to expand the company’s current 1.675 million-ounce gold resource by several fold. If a new bull market is getting underway, it may behoove investors to pay attention to Kimberly’s message.

Keith Weiner, PhD, CEO & Founder of Monetary Metals is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. He is the founder of Diamond Ware, a software company sold to Nortel in 2008, and he currently serves as President of the Gold Standard Institute USA. He earned his PhD from the New Austrian School of Economics.

Kimberly Ann is a mining executive who has founded multiple Junior Mining companies and served in a variety of senior executive positions including CEO, President, CFO and Board Member. In the past twelve years, Kimberly Ann has raised over $210M in project financing and collaborated on three Junior Mining M&A projects. While at Prodigy Gold, Kimberly Ann was responsible for all aspects of the company’s corporate communication program, facilitating equity financings, generating analyst coverage, participating in key aspects of corporate M&A leading to the $340M buyout of Prodigy by Argonaut Gold. Kimberly was CFO and VP Corporate Development at PPX Mining Corp, successfully bringing the high-grade Callanquitas gold-silver underground mine into production in Northern Peru. Kimberly is also the Managing Partner of KA Gold LLC, a private company with a portfolio of advanced gold-silver exploration projects in Nevada. Kimberly attended the University of Washington, majoring in Business and Marketing.