If you have the means to do so, buy yourself some gold because inflation is coming.

[John Connor]

Inflation is almost always happening because of central banks and their meddling ways, but they're really getting out of control right now. It's gotten to the point that even Bank of America is calling for gold to double up by the end of 2021. If you don't think that's newsworthy, you aren't paying attention. Inflation is going to far outpace your wages and any pay increase you might see and things are going to get nasty.

Don't say that nobody ever told you and that nobody tried to help you. Gold is one of the best if not the best hedge against inflation throughout history and the central banks are in the process of putting the finishing touches on the petrodollar and the United States' grip on the global economy.

[Stanley Kobrick]

what should we do with our Bitcoin, should we hodl

[John Connor]

What about Bitcoin? It has a lot of similar characteristics to gold but it has no ability to offer any sort of real world physical value. Gold has centuries as a proof of store of value behind it and it is used in various forms in real world application other than simply a store of value.

[~primetime~]

We are actually more likely to hit deflation, which is worse than inflation...prices on everything coming down

just like the 2008 Recession

[John Connor]

Short term deflation is possible but over the next few years that will become glaringly obviously not true. Deflation was a thing for what? A year? Maybe less? During the housing crisis. They are printing too much money. There are even rumors out there about the next stimulus bill potentially providing $2000 per American citizen on a monthly basis for the next 6 months. Housing prices are beyond what they were at during the height of the housing bubble because of the federal reserve's meddling and no one seems to notice. That's called being a part of the bubble of everything.

[Stanley Kobrick]

You showgun insisted my friend Warriorfan invest his whole savings account into bitcoin a year ago. 1 bitcoin was $10,500 in june 2019. now 1 bitcoin today is worth $6,800. that's a 33% loss. your advice is incredibly dangerous and he Warriorsfan is now on welfare financial aid due to bad financial advice

http://www.insidehoops.com/forum/showthread.php?469274-Shogun-should-I-go-deep-into-Bitcoin-right-now-at-11-000

$4,000 loss in 12 months. why continue to do this and hurt people. no i'm not buying gold or copper or sawdust because of some 4chan simp graph chart. your whole presentation screams panick and you were wrong on everything you predicted on crypto coin

shame on you

[highwhey]

You showgun insisted my friend Warriorfan invest his whole savings account into bitcoin a year ago. 1 bitcoin was $10,500 in june 2019. now 1 bitcoin today is worth $6,800. that's a 33% loss. your advice is incredibly dangerous and he Warriorsfan is now on welfare financial aid due to bad financial advice

http://www.insidehoops.com/forum/showthread.php?469274-Shogun-should-I-go-deep-into-Bitcoin-right-now-at-11-000

$4,000 loss in 12 months. why continue to do this and hurt people. no i'm not buying gold or copper or sawdust because of some 4chan simp graph chart. your whole presentation screams panick and you were wrong on everything you predicted on crypto coin

shame on you

:roll:

[fsvr54]

I bought 2k worth of ethereum 3 years ago and still haven't sold it because it never went up lol, only down.

[Overdrive]

Will you buy groceries with that gold?

[AlternativeAcc.]

The money supply has doubled since 08 yet no signs of inflation

Funny how you can be wrong for decades and still give advice with confidence despite your only form of education being Peter schiff YouTube videos.

Guys like you and Peter have your day in the sun once every 20 years

[Doomsday Dallas]

We are actually more likely to hit deflation, which is worse than inflation...prices on everything coming down

just like the 2008 Recession


on April 21st 2020... Silver was $14.99 an ounce

today it's $25.75

a 60% gain, and a crystal clear indication that prices are inflating



What has gone down in price since April of 2020?

[highwhey]

on April 21st 2020... Silver was $14.99 an ounce

today it's $25.75

a 60% gain, and a crystal clear indication that prices are inflating



What has gone down in price since April of 2020?

insidehoops.com valuation

all jhokes aside, literally nothing has. everything has shot up in cost. my insurance, fuel, materials. :facepalm

[Long Duck Dong]

insidehoops.com valuation

all jhokes aside, literally nothing has. everything has shot up in cost. my insurance, fuel, materials. :facepalm

Farm produce prices are mostly lousy. :( Kept in check by imported vegetables. Grains and meat are steady to increasing though. Eggs and dairy are steady to slightly down. Good news if you're a vegetarian or vegan. So at least grocery food is mostly stable to the disappointment of many farmers.

[Long Duck Dong]

on April 21st 2020... Silver was $14.99 an ounce

today it's $25.75

a 60% gain, and a crystal clear indication that prices are inflating



What has gone down in price since April of 2020?

My pops bought 250k in physical silver at the end of January I believe. Pretty sure he paid more than that. He was terrified of inflation taking place once Biden got into office but here we are with inflation taking place and silver hasn't gone up this year. :oldlol:

I would have told him precious metals aren't the investment answer to inflation any more but he wouldn't have listened anyway. He's old school. :oldlol: Silver especially is now just as much as an industrial component as a precious metal.

[highwhey]

My pops bought 250k in physical silver at the end of January I believe. Pretty sure he paid more than that. He was terrified of inflation taking place once Biden got into office but here we are with inflation taking place and silver hasn't gone up this year. :oldlol:

I would have told him precious metals aren't the investment answer to inflation any more but he wouldn't have listened anyway. He's old school. :oldlol: Silver especially is now just as much as an industrial component as a precious metal.

your dad may get lucky, look up reddit silver squeeze.

[j3lademaster]

You showgun insisted my friend Warriorfan invest his whole savings account into bitcoin a year ago. 1 bitcoin was $10,500 in june 2019. now 1 bitcoin today is worth $6,800. that's a 33% loss. your advice is incredibly dangerous and he Warriorsfan is now on welfare financial aid due to bad financial advice

http://www.insidehoops.com/forum/showthread.php?469274-Shogun-should-I-go-deep-into-Bitcoin-right-now-at-11-000

$4,000 loss in 12 months. why continue to do this and hurt people. no i'm not buying gold or copper or sawdust because of some 4chan simp graph chart. your whole presentation screams panick and you were wrong on everything you predicted on crypto coin

shame on youDamn. To be fair though, Warriorsfan did specifically ask for his advice.

[Long Duck Dong]

your dad may get lucky, look up reddit silver squeeze.

Either way having to deal with a physical precious metal seems like such a PITA. Seems like there are so many other worthwhile investments.

[highwhey]

Either way having to deal with a physical precious metal seems like such a PITA. Seems like there are so many other worthwhile investments.

yeah, i would have put 50k on some crypto. would have doubled that pretty quickly. and just store the profits in a staked pool to earn much higher interest yields than your traditional investments.

[highwhey]

if anything, crypto will benefit from hyperinflation.