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IPFS News Link • Scams

Michael Saylor's 11% Yield Is a Ponzi Scheme - Here's the Proof

• Peter Schiff - YouTube.com

Saylor's 11% yield can only be paid by selling new shares — and the fine print says he can stop paying whenever he wants. That's a Ponzi scheme.

Newmont Mining just posted 132% earnings growth with five-to-one margins and a stock trading at 10x earnings — half the S&P multiple — and Wall Street barely noticed. Peter Schiff breaks down why gold miners are the most undervalued sector in the market and why he's been accumulating positions in companies like Newmont, Franco-Nevada, and Wheaton for over 20 years without selling a share.


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