/biz/ - Business & Finance

[Anonymous No.29190099]

>sold all of my crpyto for gold and silver in aug 2020 because of this man

[Anonymous No.29190178]

honestly i love this guy and i value his insights even though im heavily invested in crypto

[Anonymous No.29190282]

>>29190099
I warned you even peter schiff admitted in the past gold is manipulated to keep it down.

Can't manipulate crypto while every autist wants it in their cold wallets

[Anonymous No.29190325]

>>29190099
the amount of money he has squandered of his family worth in gold is sad

[Anonymous No.29190434]

>>29190325
It hasn’t been squandered until the losses have been realized

[Anonymous No.29190437]

>>29190178
>i value his insights

[Anonymous No.29190478]

>>29190178
>valuing the insights of a Dogecoin shilling Jewish golem
I’m going to assume you haven’t made a lot of money even though you’re “heavily invested in crypto” because you have measurable brain damage

[Anonymous No.29190520]

>>29190099
I don't hate this man. I just feel very very sorry for him. He's stuck in a boomer mindset that just won't work going forward

[Anonymous No.29190583]

>>29190437
>>29190478
The hubris in the crypto space is amusing, and it will be entertaining to watch you doofuses explain why you sold all of your crypto someday.

[Anonymous No.29190684]

>>29190583
k bud, I just want you to know that Warren Buffet divested himself of any gold and silver yesterday, because crypto is replacing it.

[Anonymous No.29190731]

>>29190437
https://www.youtube.com/watch?v=aDxQTpRVmxM

[Anonymous No.29190760]

Ngmi

[Anonymous No.29190773]

>>29190583
It doesn't take hubris to laugh at a man who stylizes himself as an investment guru and then gets out-performed by literally just keeping cash in a checking account.

[Anonymous No.29190785]

>>29190583
How is the hubris or crypto space related to the incompetence of Schiff?

[Anonymous No.29190841]

>>29190099
I mean, ya that stings, but at least you didnt lose money. You could have been like a lot of the anons here and lost it all to an idiot food ponzi.

[Anonymous No.29191006]

>>29190773
>>29190684
>>29190785
what intrinsic value does crypto have that makes it a better store of value than gold?

[Anonymous No.29191076]

>>29191006
>what intrinsic value does crypto have
Can you send 5 dollars to Japan in 5 minutes for 2 pennies? No? Well I can. Moron.

[Anonymous No.29191142]

>>29190684
Do you have any of Warren Buffet’s comments on crypto? Asking for friend

[Anonymous No.29191168]

>>29191006
Why are you trying to frame the argument against gold, nobody was talking about gold, they were talking about how shit Schiff is at investing.

[Anonymous No.29191172]

shiff'd again

[Anonymous No.29191182]

>>29190099
I am going to buy gold and silver with 20% of my crypto gains when I cash out later this year

[Anonymous No.29191200]

>>29190099
rip

[Anonymous No.29191207]

Imagine listening to a fucking boomer

[Anonymous No.29191242]

>>29190099
Diversify retard, always keep at least the 10% of a bag you see value in.

[Anonymous No.29191255]

>>29190099
It was this faggot that caused me not to go into crypto in 2016
https://m.youtube.com/user/TruthNeverTold
But hey, ive got some shiny rocks that have gone up 2 dollars that i would have to pay a premium to offload
Gold and silver are jewish controlled scams

[Anonymous No.29191261]

>>29190099
Not everyone can be a winner, faggotvOP

[Anonymous No.29191270]

>>29190437
Case #134252425323 of why mutual funds are a scam.
>>29190520
Politically, he's just a garden-variety boomer fiscal conservative with a libertarian streak. His policy prescriptions are retarded, and his claims to have predicted the Great Recession are laughable.

[Anonymous No.29191280]

>>29191142
Was a news article about it this morning.

[Anonymous No.29191344]

>>29191270
Someone else posted some fund review website where the comments on his were beyond hilarious, pretty much they can be summed up as

>AAAAAAAAAAAAAAAAAAAAAAAAAA
>IM FINANCIAL RUINED

over and over and over

[Anonymous No.29191374]

>>29190684
warren buffet famously called bitcoin rat poision squared meanign for bankers

[Anonymous No.29191404]

>>29191076
This can easily be done many other ways and doesn’t require using a ponzi scheme that shifts in value by dramatic margins

[Anonymous No.29191464]

>>29191076
I can transfer ownership of five micrograms of gold stored in a vault to someone in Japan in two minutes. Why would I need crypto?

[Anonymous No.29191576]

>>29191006
It's not, but you can't print it to infinite like fiat. That's what stupid boomers don't get, we wanna escape from fiat without searching for rocks in the underground

[Anonymous No.29191646]

>>29191255
Youre a polcel and a mental boomer, you deserve it you stupid goy faggot

[Anonymous No.29191699]

>>29191344
Keked and checked. I just saw some reviews and your comment is quite accurate. It looks like he just revs up paranoid people that the economy will collapse, and that his fund is the way to survive if shtf.

[Anonymous No.29191758]

>>29191404
>its a ponzi!
God you deserve to stay poor, please do.
>I can transfer ownership of five micrograms of gold stored in a vault to someone in Japan in two minutes. Why would I need crypto?
Holy fuck youre a moron. Lol you couldnt pay me to help you, I hope they bury you with your rocks.

[Anonymous No.29191886]

>>29190178
everyone knows he's 100% right, but no one can deny that crypto bubbles are extremely attractive.

[Anonymous No.29192021]

>>29191006
>He fell for the intrinsic value meme
Any world that goes tits-up enough for crypto to lose its utility is also a world in which gold reverts back to a shiny rock you can't eat too, boomerbrain. There's no opting out of the mutual exchange of fundamentally-arbitrary promises that currency-based commerce and storage of value rests on.

[Anonymous No.29192105]

>>29190178
he's right about everything except crypto

[Anonymous No.29192126]

>>29191076
>2 pennies
That's pretty expensive desu.

[Anonymous No.29192431]

>>29191464
I have gold. Send me money and it’s yours, but I’ll keep it safe here for you.

[Anonymous No.29192789]

>>29191464
This comment is unfathomably stupid.

[Anonymous No.29193837]

>>29190099
If it were for his turboboomer views on crypto he’d be tops. He’s based in other views but still experiencing cope and seethe

[Anonymous No.29194436]

I was going to buy BTC at $6000 I fell for his Jewish tricks. It's going to 0 meme. Never again listening to Jewish advice

[Anonymous No.29194698]

>>29191006
The intrinsic value meme is for midwits. Gold’s intrinsic value measured by the non-financial (i.e. non-speculative) demand is somewhere around a third of its current price.

[Anonymous No.29194839]

>>29194698
And, of course, this demand is based on the current state of the economy. If the economy crashes then the “intrinsic value” of gold would crash too. The price of/ demand for gold is mostly based on the belief that it’s a good long term store of value and inflation hedge. There’s nothing wrong with that, but it’s not intrinsic value.

[Anonymous No.29194895]

>>29190099
How's it feel to be losing during the bull run?

[Anonymous No.29194952]

>>29190099
>listening to the man FUDing bitcoin since day 1
ngmi

[Anonymous No.29194953]

>>29194839
>If the economy crashes then the “intrinsic value” of gold would crash too
This, gold is useless.
Barely goes up during inflation, crashes during deflation.
The only thing that will be valuable during an economic crash will be food, bullets, etc...

[Anonymous No.29195585]

>>29190478
>Schiff
>dogecoin shilling golem
Are you an actual retard?

[Anonymous No.29195811]

>>29191076
5 minutes? More like 50. 2 pennies? More like 20$. Unless you’re talking about XRP

[Anonymous No.29195812]

>>29191006
>intrinsic value

[Anonymous No.29196113]

OP has Schiff for brains

[Anonymous No.29197015]

>>29190437
One of his funds underperformed? What about all the others?