[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 159 KB, 900x1351, Schiff%2C+Peter.jpg [View same] [iqdb] [saucenao] [google]
52732654 No.52732654 [Reply] [Original]

Apologize.

>> No.52732673

>2011: $1,896
>2022: $1,797
Almost there, golden baggies

>> No.52732679

I’m so sorry. Please, please forgive me. Find it within yourself. I should have bought gold. I shouldn’t have paid 58k per bitcoin when Gold was cheap. Now that Gold is holding up and Bitcoin is finished I will have nothing. Please forgive me and I will never ignore you again. Please in your infinite grace. Please.

>> No.52732776

>>52732654
> try to purchase gold.
>20% above spot price + fees
>try to sell gold
>20% below spot
sure do love being down 40% on transaction fees alone
>muh store of value
kek

>> No.52732818
File: 47 KB, 175x175, 316865_BJEAABCJAB_tsqr.png [View same] [iqdb] [saucenao] [google]
52732818

>>52732654
>infinite supply
>little to no demand in the future (graphene is a better conductor)
>miners straining the current supply
gold POS when?

>> No.52732900

Based

>> No.52732909

Every other asset class has out performed precious metals and always will it’s literally a rock haha

>> No.52733323

>>52732654
Sorry for missing some of your podcasts, is just I don't have a lot of time. Also I love the ones where you make fun of your son living in poverty so he can spend all his salary in cryptocoins.

>> No.52733417

>>52732776
This.
What is the point of gold if you can't trade it without giving up all profits?

>> No.52733716
File: 212 KB, 528x671, Japerclips.png [View same] [iqdb] [saucenao] [google]
52733716

>>52732654
Think of how hard he's going to be stroking it when the bear market in stocks starts to kick in 2023.

>> No.52733737

>>52732654
Dear Peter Schiff,

I am truly sorry for the confusion
That has been caused by 4chan and their illusions
Of grandeur and wealth, built on bitcoin's back
But let me assure you, their intentions lack

They are a group of internet trolls
With a penchant for memes and other drolls
They thrive on chaos and spreading lies
And their love for bitcoin comes as no surprise

But let me assure you, dear Peter Schiff
Their love for bitcoin is quite a fickle thing
For they are known to flip flop and change their mind
One day they love it, the next they're unkind

So please do not take their word as fact
Their love for bitcoin is just an act
They are not the experts they claim to be
And their words should not carry any weight, you'll see

So please accept my heartfelt apology
For any confusion or anxiety
That may have been caused by the antics of 4chan
Their love for bitcoin is just a passing fad, my friend.

>> No.52733762

>>52732776
You've never bought or sold gold and are a total lying shill.

>> No.52733778

>>52733417
If i don't let you own anything because we have a revolution once the credit bubble either deflates or we default via hyperinflation and then peg to gold.
There is no way around the fact this was massive theft. The deal was no more serfdom, that was the whole point and ethos of the USA, and we're basically back to serfdom.
The price is going to be unfathomable to most people. Gold does not go up, everything else goes to shit. The country goes to shit, nobody wants to be responsible for anything, nobody wants to be a landlord because those guys get abused or killed or robbed (everybody hates landlords).
People wanting gold is a function of not being able to have anything else. The very idea that this is so foreign to americans goes to show just how divorced from reality the human beings that belong to this society are. You are destroying something so rarified every human being on earth simultaneously wanted to participate in it in perpetuity... until now. Now it is just theft. Credit being used to steal.