Is this the year Peter finally kills himself?

[Anonymous No.50351596]

[Anonymous No.50351617]

he will handwave it
>store of value

[Anonymous No.50351660]

>>50351617
It should be seen as a store of value though, not a fad that jumps around

[Anonymous No.50351765]

>>50351617
Except it's worth even less inflation adjusted.

[Anonymous No.50351847]

>>50351596
he lost his bank too

[Anonymous No.50351865]

>>50351765
wut

[Anonymous No.50351904]

[Anonymous No.50351923]

>>50351865
Do it in the reverse you dumb fuck and look how the gold have depreciated instead you imbecile.

[Anonymous No.50352018]

>>50351596
In 2000 it was under 300 you moron. Name any market that had 5.6x in that span. Yea go fuck off with your crypto bullshit. All crypto is pure speculation and yes I trade it and make money on it, but that doesn't mean it's the future. You fucking shils make /biz unbearable. Always falling in love with your investments, which should be treated like whores. Use them and then on to the next.

[Anonymous No.50352379]

>>50352018
Now use the price of gold vs Dow in 1995 vs now and get back to me you dumb fuck.

[Anonymous No.50352441]

>>50351904
Absolutely destroyed by president baggie.

[Anonymous No.50352467]

>>50351596
that picture is not the own you think it is
those 1700 dollars are worth less now than they did back then, adjust it for inflation

[Anonymous No.50352500]

>>50352379
oh i see you are shitting on gold
i've seen some precious metals morons use arguments like your OP as a good thing for gold or something

[Anonymous No.50352511]

>>50351865
Look up what the price of gold is today though.

[Anonymous No.50352524]

>>50352467
wat

[Anonymous No.50352571]

>>50352379
You're the dumb fuck as you're explaining exactly what I was fucking saying. Fuck shilling for this and that treat it all like a whore and use it to make money then on to the next. Go fuck off stupid fucking peasant.

[Anonymous No.50352573]

>>50351923
pretty sure you can just subtract the difference for the same result but you sound super duper smart so I trust you.

>REEEEEEEE evErY ThiNg oN the InterNet Is REAL

[Anonymous No.50352630]

>>50352467
>>50351865

[Anonymous No.50352731]

>>50351865
are you mentally retarded lmao

[Anonymous No.50352799]

>>50352573
>pretty sure you can just subtract the difference for the same result but you sound super duper smart so I trust you.
Do you legitimately have a mental deficiency

[Anonymous No.50352800]

>>50351596
Implying this isn't the dip where people are selling their shit due to the poor economy. Then we will have a crash and it moons like in 2008 but harder.

[Anonymous No.50352813]

>>50351596
>Shut up kike I will be a le kangz with my $200 shiny rock stack after the world ends in 2 weeks.

[Anonymous No.50353244]

Peter Schiff up to very recently was touting Gold Mining Stocks as a haven against inflation. That turned out to the a poor choice. Just have a look at Barrick Gold Corp. Stock symbol: GOLD. In April 2022 it was about 25.75, today it's 15.49. So if you took 100,000 of your savings, and instead of buying a poor paying CD, invested in Gold Mining Sector per Peter's advice: you'd have currently lost $40,000.

[Anonymous No.50353341]

>>50353244
>69k
>19k
>What now baggie.

[Anonymous No.50353491]

OuetgU+B
Seething won't make you white vatnick.

[Anonymous No.50353558]

>>50352731
>lmao
>>50352799
I know this board gives you a brief respite from your terrible midwestern cousin fucking existence, so yes sweetie. I'm retarded.

>>50352630
nonono, let me have this. the market is boring.

[Anonymous No.50353665]

Investing in gold/silver is something only retard conservative "libertarians" do because they have a false schizo belief that the world is going to implode at any moment and only random metals (lol) will hold value in that scenario.

All of the goldbros make their money off selling "gold buying lessons" to retards. They always lose money on any investments in gold unless they run a jewelry store that buys from meth heads at pennies on the dollar.