Peter Schiff laugh thread

>waiting 8 years for not-quite-a 3x

>when the market inevitably corrects
When the gold market corrects it will be correcting downwards, back to its February price of around $1550.

The cheaper asset is btc, 300b mcap vs 9 trillion mcap. Math is hard, I know

Go back to twitter and circlejerk there. I know you stole it from Pomp’s Twitter feed.

>Math is hard
>zero times anything is zero
it sure costs a lot of dollars to buy literally nothing.

>Make mediocre investments
>get rich from selling your book about how to be mediocre

Kek

He's a stock broker, he invests clients money and gets commissions regardless if they lose or make money

Gold has consistently reserved its value while bitcoin will retest the 3.5k CME gap in the coming months. Gold will win in the long run, people buying bitcoin now are bagholders

I don't know who that is and I got the image from Zig Forums if you're talking about that.

Yeah he's basically the most successful scam artist in the world. I dunno how he still has followers despite you CONSISTENTLY losing money if you listened to him.

> bitcoin will retest the 3.5k CME gap
screenshotted

I bet other alien civilizations laugh at how we covet gold because of the abundancy of gold in the universe

>it's cheap to go into space to mine for gold
>it's hard to make a new blockchain

>it's cheap to go into space to mine for gold
Asteroid mining is unironically a possibility by the end of the century. Maybe sooner even.
>it's hard to make a new blockchain
It's hard to replace an entire economic ecosystem from thin air

>tfw listened to this smug faggot's advice in 2012
I could have fucking retired, instead I have useless shiny rocks buried in the vege garden.

send them to me. and your veges too.

He's a jew.
Jews are retarded fags ( literally ), and are desperate to have any one of their numbers be a great man.
You know, in a field OTHER than saturday cartoon-tier Evil.

Ironically the earliest religion has the creation story as we were created to be a slave species to mine gold for the Annuanki. Because space travel and protecting the ozone requires breaking up gold into nanoparticles.

phys.org/news/2019-07-black-nanogold-combat-climate.html

so let me get this straight. we should laugh at peter schiff because:
gold doesnt go up (it does)
he's been saying the same thing for years (thats because he is right)
he wrote a book (everyone writes a book)
you lose money if you listen to him (you don't)
we are going to mine space gold and send it down to earth cheaply and safely in the next 80 years (lol)
he is jewish

are you guys even trying? no one wants to buy your worthless chinese ledger numbers.

"worthless chinese ledger numbers" are superior to gold as a store of value since they're less susceptible to theft and can be transferred faster and cheaper than gold.

Yeah, I fell for the gold meme for a while. It's hard not to, when you realise how bullshit Federal Reserve Notes are.
Eventually, you realize that these guys have predicted 3000 of the last 3 recessions, continue to make money regardless of whether their predictions come true, and there's no real reason why gold should be the store of value as opposed to, say, silver or copper, which are much more fungible.
"The Fed sucks" does not automatically imply we should be trading 2000 USD coins amongst ourselves.