/biz/ - Business & Finance

The Schiff has sailed.

The Schiff has sailed.

A Schiff has sailed for this.

The Schiff has sailed.

The Schiff has sailed.

>>17403599
>This will be the biggest event since world war 2, riots in the streets etc, Sanders will take more extreme measures once the hyperinflation hits.
stopped reading after this
gold has peaked btw

>>17382497
Very much Armstrongpilled
Very much wrong so
>With coronavirus devastating actual production of useful stuff
You wouldn't believe your eyes how little the corona virus will impact world gdp. People will resort to calling the numbers "fakest and gayest" to the highest order to justify their bias. Just wait for it.
>inflation is absolutely going to explode over the next year or two
Yes, possibly. However it will come from oil having found its bottom around 50$ to 55$ per barrel and is now slowly aiming for the stratosphere. And no; supply and demand doesn't apply anymore.
>The main reason that any crypto has any value at all is because the units cannot be created at whim.
Utter bullshit. Crypto, as of now, derives value from the abundant existence of fiat currency. (just like everything else)
Also cryptos can be created at whim; just take a look at how many shitcoins there are already.
WTF are you talking about?
>Well, now we have less goods being created,
The planet is filled to the brim with shit that no one needs and no one will buy. All they need to do is dig up the landfills (expansion) and put last years unsold shit back on the store shelves.
>and central bankers preparing to turbocharge their printing presses because OMG RECESSION!!!
The BOJ already is in full overdrive owning most of japanese debt, ETFs and REITS. So that's already the new normal there.
The ECB is committed to negative interest rates and will probably buy corporate debt at such a slow rate that literally no one will take notice and its impact therefore will be so little...
The FED, well, REPO is shrinking as of late ( https://fred.stlouisfed.org/series/WORAL ) and the balance sheet isn't expanding to the predictions of the doomtards ( https://fred.stlouisfed.org/series/WALCL )
Explain that shit
>It's going to be interesting to see whether money flows into crypto this time.
Seeya at Bitcoin 600-1200$ (then starting a very slow climb to 6+ figures)
Gold has peaked for decades to come

>India finds gold deposit 5 times larger than its government gold reserves.

https://www.financialexpress.com/india-news/yogi-adityanath-strikes-gold-3500-tonne-goldmine-found-in-uttar-pradeshs-sonbhadra-district/1875151/lite/

Will Peter be right for once?
Or will the Schiff sail once again?

>>17343441
just hold wait another 15-20 years :^)

>>17196977
>I DIDN'T FORGET THE PASSWORD, MY WALLET GOT CORRUPTED! NOW I LOST ALL MY FUCKING WORTHLESS BITCORNS!!! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!

>>17002371
you sure you're not talking about picrelated?

>>16913192
The Schiff has sailed.

>>16836626
well, anyways, it's probably still >>16835643
pic very related
The Schiff has sailed

>>16234432
We should have expected this but arresting the exchange owners and big bagholders reduced the liquidity in the market causing an effect bigger than a halvening massively bigger , the price went up so far non stop and by june rumors started to spread that governments and banks were buying it , worse people cashed out most money from banks after the credit card disaster during the blackout so the entire banking system collapsed by june 10 and cryptocurrencies grew and grew non stop.

Governments put even harsher sentences but after not being able to get their money in their hands during the blackout and seeing crypto price increase people tough that governments were buying it and that crypto was safer.

Today it's been a year from this events and the world is in pure anarchy , currency does not exist anymore by arresting bagholders we reduced liquidity and caused a price increase that destroyed the monetary system.

I am beg you to don't try to ban cryptocurrencies or you will end just like us with civil wars erupting all over the world as governments fall such as mexico were mr rego rule as king.

>>16225592
AAAAAAAAAAAAAAAAAAAAA

>>16223792
What damage? Where is it?
DXB and DKT are indicative for
>the markets trust in Deutsche Bank to be able to service their debt
>the ability of Deutsche Bank to pay out dividends to their shareholders from their operating business
Now if DXB and DKT would suddenly plummet, then we can talk.

The Schiff has sailed.

The Schiff has sailed.

The Schiff has sailed.

The Schiff has sailed.