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/biz/ - Business & Finance

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File: 19 KB, 346x346, Peter-Schiff[1].jpg [View same] [iqdb] [saucenao] [google]
26031752 No.26031752 [Reply] [Original]

It's over

https://www.youtube.com/watch?v=H925_g1xmaw

Get out while you still can

>> No.26032010

>>26031752
this nigger made me miss the golden bullrun
hashtag cancelschiff

>> No.26032192

>>26031752
>be me in high school
>know about bitcoin wanted to buy some when it was $50
>watch peter schiff religiously
>peter says dont invest in bitcoin because its gonna crash
>peter says dont invest in the stock market because its gonna crash
>peter says invest in shitty gold stocks so i invest in gold stocks
>lose 80% of my hard earned money by my second year of college holding shitty gold stonks

fuck you peter i should have bought bitcoin when it was 50 dollars you ruined my life

>> No.26032277

>>26032192
this is pasta, but you ruined your life by not making your own decisions

>> No.26032319

>>26031752
Doomsday fag show.

>> No.26032531

>>26032277
unfortunately not pasta

>> No.26032707

>>26031752
i tried to listen to this but he just talks and says nothing for 2 minutes.

>> No.26032819
File: 491 KB, 637x637, daeny-lol.png [View same] [iqdb] [saucenao] [google]
26032819

>>26031752
>>26032277
https://topratedfirms.com/brokers/customer/europacificcapital-review.aspx
>>26032010
>>26032192
>>26032707
>listening to this moron
lmao

>> No.26032845

why is peter schiff always wrong?

>> No.26033111

>>26031752
get out of what??? stocks? bitcoin? RE?

seriously fuck this asshole and I will tell you why,

since I listened to the doom and gloomers, the same message is to put your money into gold and silver, meanwhile so many bubbles have grown and popped and grown and popped all over again. Not to mention Gold and Silver had bubbles too.

if you put all your wealth into gold and silver and bought the top in 2011, theres a chance you just lost a ton of wealth not particpating in other markets like RE especailly if you are a renter.

I do recall hearing the experts that cried wolf about the stock market or RE when it was 1/3rd of the cost it is today, how did that gold and silver protect your wealth in regards to that? even in 2020/2021 gold is at 1850 an oz which is not much further than its ATH in 2011.

If you were to put that fucking gold to use today and say buy something that means something like a house, it costs 3x more than what it did in 2011 depending on where you live, could be even more. SO NO IT DOESNT PROTECT YOUR WEALTH.

all these gold bugs are scammers just like some of these shitcoins in the crypto space they all make money selling you this idea of doom and gloom so you fud into holding pet rocks. Especially silver, one of the worst choices you can put your money into.

for the last 10 years all these gold bug snake oil salesman been trying to tell people silver is going to 500$ an oz and gold is going to 10k an oz and whats funny is that Bitcoin has been around since 2009 and its actually still going higher and higher past golds performance, It really is the asset that they wish gold was going to be with thier shitty calls

>> No.26034007

>>26033111
Get out of USD. "Has been wrong all his life" is not a valid argument when somebody is trying to predict a once in a lifetime event (great depression). He is generally correct about economics but underestimates the publics willingness to jump into crypto and ignore gold. The collapse is coming though

>> No.26034031

Gold is the ultimate stable coin. The price increase is just inflation.