>gold pumps 1% >BTC dumps 15% Was Schiff right all along?

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Anonymous Mon Jan 4 05:30:03 2021 No.25497137 [Reply] [Original]

>gold pumps 1%
>BTC dumps 15%

Was Schiff right all along?

>>	Anonymous Mon Jan 4 05:31:19 2021 No.25497169 >>25497137 Yes

>>	Anonymous Mon Jan 4 05:32:05 2021 No.25497198 >>25497137 unironically yes

>>	Anonymous Mon Jan 4 05:32:38 2021 No.25497218 File: 1.54 MB, 1628x1560, monkey sees action.png [View same] [iqdb] [saucenao] [google] >>25497137 When gold peaked in 1980 it went sideways and down for 28 years.

Anonymous Mon Jan 4 05:41:04 2021 No.25497478

>>25497137
No, the right answer in 2008 was equities, bonds and if you could afford real estate. Precious metals and commodities in general did not see the inflation he said it would. Even today I think it’s retarded to buy gold, since goldbugs make up ~20 % of buyers you are not going to maximize value by buying gold. There’s a gap between the current price and what gold would be selling for if we remove the gold bugs. Silver have better fundamentals in that respect, with most buyers being real consumers and not silver bugs.

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