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/biz/ - Business & Finance

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File: 14 KB, 300x300, images - 2019-03-20T175908.884.jpg [View same] [iqdb] [saucenao] [google]
13069163 No.13069163 [Reply] [Original]

Is he just too ahead of his time?

>> No.13069191

>state than an asset will go up for decades and decades
>it goes up one day
>claim to be a genius

>> No.13069230

>>13069191

I ask curious how much money he's lost in the last 10 years. He still talks about "the great recession" like it was yesterday and recently lost hundreds of thousands of dollars on one of his properties. I still think he's right though.

>> No.13069280

Peter has spend decades preaching the coming doom, the immense suffering that will be bestowed upon ordinary people, unless actions are being taken.. These action has never been taken, and nothing has happen.

One of two outcomes will unfold, 1) "Peter was right" 2) Peter is/was delusional, his understanding of economics was poor and flawed.

Which outcome do you think Peter pray to happen? If the Devil appeared in front of Peter and made him an offer : Immense suffering to people of the world - caused by a economic collapse as he (peter) had prophesied.
What would Peter say? would he bestow horrors upon the world, so he could enjoy worldwide respect and admiration? or continue to be a paria, a borderline lunatic, and save the world?

Buying gold turns you evil.. A merchant of gold is the devil.

>> No.13069298
File: 271 KB, 764x1590, Listening to Goldbugs-min.jpg [View same] [iqdb] [saucenao] [google]
13069298

>> No.13069396

Fuck his smirk

>> No.13069417

He's like a hyper rational guy trying to place bets and shorts in crypto. It just doesn't work, too much politics, bailing out, dumb money around in the real world...

>> No.13069418

>>13069280
Why does buying gold make you evil. Can I leverage trade it without becoming evil

>> No.13069505

>>13069163
No he's a retard doom guy of course he's right eventually. Claim for years.

>> No.13069518

>>13069163
he's a fucking paid shill
literally trying to run a pump and dump.
PMs are a horrible investment.

>> No.13069535

>>13069518
unitl they are not.

>> No.13069574

>>13069518
but they're a store of value

>> No.13069585

>>13069191
This kek. EVEN if markets crash hard tomorrow he would have been better of holding equities for the past 5-10 years.

>> No.13069754
File: 437 KB, 750x1397, us-debt-graph-2020.jpg [View same] [iqdb] [saucenao] [google]
13069754

>>13069280
>everything is normal
>this time is different
>it can go on like this forever

>> No.13069760

>>13069191
Fpbp

>> No.13069862

>>13069163
>muh gubberment

>> No.13069882

woke: moving to Puerto Rico
broke: investing in gold miners and gold
bespoke: Peter Schiff Was Right 2019 edition

>> No.13069903

>>13069754

>linear scale
Kek

>> No.13070200

>>13069754
The problem I have with this is the global economy wasn't making a trillion dollars in 1900.
It's one thing to be 10,000$ in debt and making 1000$ a year. Another if you make 100,000$ a year. Debt to GDP or debt to federal receipts from taxes would be more useful