After listening to the debate between Peter Schiff and Antony Pompliano, I have sold every last bit of my crypto, and put it all into gold and gold miners. I don't have anything left. Schiff has completely convinced me. Now that the dollar crisis is actually here I don't trust ridiculous Internet tokens to last--my natural instincts have taken over. I want to have something real in my hand, something eternal, not get caught in a worthless ponzi scheme.
[YouTube] Schiff and Pomp Live on Bitcoin and Gold (embed)
This isn't simply about BTC. I sold everything, ETH, XMR--I'm completely done with it all. I advise you to get out too before it's too late. Don't trade a sure thing (gold) for a dangerously speculative gamble which will probably fail. If you can make 10x on your money in mining stocks, why even bother? Who in their right mind really thinks that BTC is going 10x, when it can't hold above $19,000?
but yet the efforts of elon musk and even chin now, will destroy the value of gold.... do you know why they are rushing to space so much? ..... they found asteroids with 100000x the amount of gold and precious metals that the entire earth ever had lol what will happen once they get that? .... thats right..... the value of those metals will drop down to fuck all because they are no longer scarce and very common.
David Robinson
Just sold all my gold for asteroid mining stocks
Elijah Morales
You believe that's happening in our lifetime?
Parker Perry
that boomer faggot called the mortgage crisis and has been riding that high for 15 years. too bad he was wrong about gold and missed out on the golden bullrun for stocks.
Luke Rogers
ah yes, gold, something that will always be supply limited and has never in history had massive inflation due to new transportation technology
Never go all in on anything. If you don’t own both crypto and gold as a hedge you are a brainlet.
Oliver Anderson
i figured out a way to change lead into gold and I have 125 tonnes of lead in my back yard so yeah I'm gonna dump your gay caveman currency and I'm gonna smile while doing it.
could be that medical nanomachines make cancer and most diseases a moot issue the next decade
Jason Nguyen
based
Fiat is already down 96% so how much more could it really go? its due for a pump any day now
Christian Martin
yes that was the joke I even referenced the Spanish treasure fleet
Kevin Moore
Thanks. Bought 100k (of bitcoin).
Josiah Watson
Yes it's below inflation , that's how cucked goldcucks are. The worse shit is that they don't understand why this is happening , 12 years of massive quantitative easing , bigger monetary expansion in history and gold flatlines.
And they can't understand why, meanwhile dxy goes down 0.20 points nad bitcoin rises 2k
kek. user, what if i told you that machines dont get cancer... oh, so you thought there would be an actual person with a pickaxe on an asteroid?
Jace Morris
Yeah, nah cunt.
I'm going to invest in a REAL BUSINESS, with REAL PRODUCTS and REAL CASHFLOWS that then re-invests this money and grows my money at several magnitudes higher rates than your inert rocks.
Is there anything dumber than rockfags on Zig Forums?
Gold, or a token that can be used for secure internet transfers?
answer: both. Gold is required in sciente, secure internet transfer are required for us to purchase goods over the internet without government interference, or even to hide how much money we have from tax collectors.
ur dumb
Christian Lee
Metals aren't investments. Gold is a store of value and acts as a hedge against fiat inflation. It's not an asset that provides short term gains, unless you consider major market volatility
Benjamin Jackson
With chemical rockets i see it hard to do asteroid mining without humans and ion engines capable of bringing shit will take decades.
Also gold industrial usage is a meme , it's high stock to flow is it's only value
aka pic related
3 or 5 missions doing asteroid gold mining will send gol price below my shit price.
