EZ_moneyOPGNRForever:
simple, as said many times before, all world central banks are buying up gold and silver bullion in record amounts. this you can look up easy to find. China especially has taken over the gold market they by far bought up the most so far. this is because you can't have a currency backed up by nothing, therefore, the reset involves gold backed currency. the rising prices in gold and silver is from central banks clearing out the LME and the COMEX. the bull run on metals had not started yet. Gold is supposed to go down during high interest rates, but this one time in history gold and silver has gained. Why? because the plan is to revaluate gold at a much higher price when they are done buying it up. Also, ETFs on the market go up when market drops so it's a great hedge. look at lifetime chart on gold. it's the best savings account ever
EZ_moneyOPGNRForever:
several ETFs like VIX, SQQQ and few others go up when the market goes down. easy hedge play without having to play options or short selling
GNRForeverEZ_moneyOP:
Peter Schiff has tried to argue this for years and others but Gold has not been a remarkable store of value, and what makes you think they won’t take this new currency off a Gold standard once they on ramp everyone? Bitcoin is the answer, the blockchain is not owned by anyone and it has tremendous other benefits over Gold. Gold is not comparable, if Gold was store of value you would have Spain as a world power and Spanish conquistadors would have unimaginable wealth.
EZ_moneyOPGNRForever:
wow your arguments are weak had nothing to do with Peter spliff it what the central banks are doing the central banks rule the world not Peter spliff. you're going to argue about a civilization that existed how long ago and was beaten? you're reaching hard now and these arguments don't stand up to anything.
EZ_moneyOPGNRForever:
you're right gold is not comparable. gold is King and Bitcoin is nothing more than a derivative of gold because you exchange it for dollars. gold according to the central banks is the only tier 1 asset. you play your fake digital asset and I'll buy real assets kid let's see in two years how that plays out
EZ_moneyOP : keep buying the dips you dips
103584741 EZ_moneyOP: Should I all in short selling now?
GNRForever EZ_moneyOP: Okay, in your world, how do you hedge against the continued debasement of fiat? What are the viable alternatives out there?
EZ_moneyOP 103584741: i don't tell people how to play sorry it's on you
EZ_moneyOP GNRForever: simple, as said many times before, all world central banks are buying up gold and silver bullion in record amounts. this you can look up easy to find. China especially has taken over the gold market they by far bought up the most so far. this is because you can't have a currency backed up by nothing, therefore, the reset involves gold backed currency. the rising prices in gold and silver is from central banks clearing out the LME and the COMEX. the bull run on metals had not started yet. Gold is supposed to go down during high interest rates, but this one time in history gold and silver has gained. Why? because the plan is to revaluate gold at a much higher price when they are done buying it up. Also, ETFs on the market go up when market drops so it's a great hedge. look at lifetime chart on gold. it's the best savings account ever
EZ_moneyOP GNRForever: several ETFs like VIX, SQQQ and few others go up when the market goes down. easy hedge play without having to play options or short selling
GNRForever EZ_moneyOP: Peter Schiff has tried to argue this for years and others but Gold has not been a remarkable store of value, and what makes you think they won’t take this new currency off a Gold standard once they on ramp everyone? Bitcoin is the answer, the blockchain is not owned by anyone and it has tremendous other benefits over Gold. Gold is not comparable, if Gold was store of value you would have Spain as a world power and Spanish conquistadors would have unimaginable wealth.
EZ_moneyOP GNRForever: wow your arguments are weak had nothing to do with Peter spliff it what the central banks are doing the central banks rule the world not Peter spliff. you're going to argue about a civilization that existed how long ago and was beaten? you're reaching hard now and these arguments don't stand up to anything.
EZ_moneyOP GNRForever: gold has been a great store of value just look at the charts
EZ_moneyOP GNRForever: you're right gold is not comparable. gold is King and Bitcoin is nothing more than a derivative of gold because you exchange it for dollars. gold according to the central banks is the only tier 1 asset. you play your fake digital asset and I'll buy real assets kid let's see in two years how that plays out
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