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11124248 No.11124248 [Reply] [Original]

Why wouldn't you listen to the voice of reason?

>> No.11124294
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11124294

The same fucking thing day after day without deviation since 2000. He will be right one day, after 11 straight years of being wrong.

>> No.11124307

I want to be there when people think about technological advances. Mere trading is just a wage job.
He's old and in some sense conservative.

>> No.11124333
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11124333

>>11124248
Because Im not retarded. Have fun in Puerto Rico, Peter.
I dont """""invest"""" in cryptos either

>> No.11124403

The truth hurts. Enjoy your ride to zero losers.

>> No.11124415
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11124415

>>11124403

>> No.11124511

>>11124415
Jokes on you. I am screencapping all of you dummies for the inevitable "remember when people actually payed for fake internet money" thread in the future.

>> No.11124549
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11124549

>>11124403
This gold coin from 2,500 years ago has held its value (setting numismatics aside) through the ages. How much will your shitcoins be worth after 2,500 years??? Yeah, zero.

>> No.11124570

>>11124549
Meant to reply to >>11124333

>> No.11124606

>>11124403
SAad!

>> No.11124652

>>11124294

You can be "right" for decades then be completely wiped out by the 2007 collapse. Inversely, you can be "wrong" for decades and but your bet is so good during the 2007 collapse that you walk away with billions. Schiff is already that guy who walked away with the winnings.

>> No.11124746

>>11124549
yeah that's why gold has been collapsing for the last 5 years

>> No.11124781

>>11124549
As i said, i dont speculate in meme coins. But goldbugs are pretty retarded aswell, betting on being wealthy when the world collapses

>> No.11124801

>>11124746
Gold is down about 28% from its highs 7 years ago but has grown consistently since bottoming out in Dec 2015. Ok.
How well are the cryptos doing in just the last year since January? Oh, what's that? They are DOWN on average 70% to 90%.
HMMMMMMMMMMMMMMMMMMM
Really makes you think.

>> No.11124863

>>11124801
How about stocks and real estate since bottoming? Oh yeah, it more than trippled. Keep your shiny rocks, be hapoy that youll have your insurance 'money'

>> No.11124907

>>11124863
THEY ARE RARE EARTH TRANSITION METALS
NOT MUH SHINY ROCKS

>> No.11125140
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11125140

>>11124907
Please remember this post when gold drops to its long-term average of $500 in the future and you keep stacking, yelling "ITS GONNA PRESERVE ITS VALUE" while I've been making 15-20% each year and now living off dividends

>> No.11125186
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11125186

>>11125140
Not posting the full picture.

>> No.11125199
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11125199

>>11124248

i might ask you the same thing

>> No.11125234

>>11124652

Schiff didn't walk away with billions. His commodity picks went down in 2008 and 2009.

The only time he would have made some money was holding gold and silver from the rally of 2009 to 2011.

>> No.11125254

>>11125140
Gold bottomed out at $1050 and has been rising since

>> No.11125313

>>11125254
Dead cat bounce, there's no momentum to drive the prices upwards despite what various youtube moguls tell you. QE is over, rates are rising, growth is back, inflation is back at 2%

>> No.11125320

>>11125313
Dead cats don't bounce for 3 years

>> No.11125358

>>11125320
so whats the driver for price increase?

>> No.11125378

>>11124549
Yah I dont see metals being worth much in 2500 years either lol.

>> No.11125560

>>11124248
If I had listened to him for the last 10 years then I wouldn’t have gotten rich. That’s for sure.

>> No.11125563
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11125563

>>11125378
delet this

>> No.11125626

>>11125140
>>11125186
What the fuck is the grey tee shirt, a crossed out airhorn?
Is he aligned with the "no-airhorns" party?

>> No.11125645

>>11124511
Have fun waiting until 4000 A.D then, when the next big thing replaces us.

>> No.11125655

He has a lot of great points against fiat. But he's biased as fuck about gold since his bags are full of it.

>> No.11125688
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11125688

>>11125626

>> No.11125696

>>11125626
You can't be serious.

>> No.11125706

>>11125688
>>11125696
¯\_(ツ)_/¯

>> No.11125732

>>11125688
>>11125696
Poe's law in action