Peter Schiff, Gold is Headed Above $5,000

Peter Schiff is totally right, you cant debunk what he says here.

Central Banks Will Unleash Inflation and Gold is Headed Above $5,000 Says Peter Schiff

youtube.com/watch?v=Oh7pQTl2o8I

Attached: gold-coin.jpg (600x600, 123K)

Other urls found in this thread:

youtube.com/watch?v=bYhTFz_SGw0
youtube.com/watch?v=rHM49Lc2-so
twitter.com/NSFWRedditGif

his videos come off as FUD boomer bullshit but yeah, he's essentially correct. Dunno about seeing gold at 5K anytime soon but PMs in general are undervalued right now, especially silver.

> Dunno about seeing gold at 5K anytime soon

go and ask people how many know nothing about central banks monetary policy and how its affect gold

unfortunately you may find out that about 97 % or 99 % of people are totally clueless about these things

they wake up perhaps when one big mac costs $ 20, to ask, what is going on

is this how average american people know about precious metals?

People Choose Free Candy Bar over Free 10 oz Silver Bar (Worth $150) in Experiment

youtube.com/watch?v=bYhTFz_SGw0

discussion

They're actually pretty smart. You cant eat silver in a crisis. Food like candy bars and ammo are way more valuable when times are tough which is why nobody will want silver

wow, pleb tier gains. i'll stick with RFR, thanks.

this. gold is the only valuable PM. bullets and food are only valuable if you think we are heading for a complete societal collapse.

Bitcoin and Gold arent competitors, they are like friends

both are hedge against inflated fiat currencies

both BTC and Gold dont lose value, but for example US dollar lose value every year 2 %. that is official FED policy, and other central banks policy that fiat currency should lose value 2 % every year

I agree with you but the way you post makes it so obvious you're a boomer, how old are you ? and what is your stack at ?

when SHTF do you think it's going to be like a post-apoc video game where 75% of the worlds population is gone and its just you, your family and your stock piled food ? look at the history of every fiat currency that has failed and what immediately follows: gold standard.

>"fiat is a scam only gold is valuable!"
>*sells you his gold in exchange for your fiat*

Attached: SchiffGold_article_cover1_Bitcoinist.jpg (967x442, 75K)

There will be no great depression you libertarian retard. The great depression was the result of wall street and no regulations and the federal reserve not printing stimulus money and letting the economy go bust.

Umm except that's what SHTF means. You think those Eastern European fighting in bloody post Soviet civil wars were looking for gold or were they looking for food? Umm yeah, I'm gonna say they wanted clean water and could not care less about muh shiny rocks LOL

Except I haven’t, I’ve been calling for this October for QE4 to begin since 2016.

Go ahead tho keep your bitcoin and expect that to save you...I’m sure banks and central banks will just let bitcoin head to $1million and replace them overnight

Gold will easily reach $5,000 and keep most of its gains
>as the price of gold rises silver moons to $50 and then falls back to $15 again as usual

Actually this is a good point, wtf schiff

See pic related (it’s you!)

Attached: A15B73D4-1DE1-46BD-90D4-543A631E79C4.jpg (473x512, 37K)

And just like your buddy Peter Schiff you will be wrong five hundred dozen times.

Gold has been money and store of value for thousands of years

Bitcoin is 10 years old

Just like the banking system will let muh shiny rocks replace what they have going? Lmfao. I'm not even a bitcuck, you've created a strawman as a position to attack from. I invest in mutual funds like an adult.

and Silver too has bee money and store of value for thousands of years

>that guy that claimed Venezuelans were buying food with gold still hasn't provided a source that proves his claim

Lmfao. I thought gold was infallible???? What's wrong??

then go back in time and use your silver lmao

Will someone please tell me what a PM is and how I can buy it to get rich?

>longest economic expansion in history
>lowest average growth rate in history
>collapse in yield curve
>housing bubble, credit card bubble, auto lending bubble
but yeah everything is fine user, ignore the hyperinflation that's been visible to those of us actually paying attention. you're right gold and silver have never shot up in value during crisis.

Attached: 1564256595053.png (406x472, 300K)

Silver was already $ 50 year 2011, until banks manipulated its price back down by paper markets

now world economy is about ten time worst at least what is was year 2011, because central banks have printed so much more money from 2011, so silver price should be much more higher now what it was 2011

Yeah they will because they’ve cornered all the shiny rock markets retard. In fact I wouldn’t be surprised if the US implements a silver standard with jpm’s silver board. On the other hand They haven’t even begun getting the same level of control over crypto

This time my man... this time is different

Schiff May have been wrong hundreds of times...but you don’t understand the nature of fat tailed risk. The nature of fat tailed risk is that he may lose a bit of money when he’s wrong, but the moment he’s right...he becomes rich as fuck and you have to suck cock on the street for rent money

Attached: 53B35DA6-0FBB-4F05-ACA2-B741EA4A39EC.png (600x306, 70K)

What's the point in buying gold when I can't even afford rent and food

Like I said, that could happen but nobody is going to give a shit about gold when global finance collapses

>He actually believes JP Morgan actually holds physical silver

Ahahahahahahahahahahahahahahahahaha. They don't have shiny rocks cornered. All they do is manipulate it to fuck with you losers

then why are rich people have been hoarding gold long time

Jim Rickards and Egon von Greyerz discuss $10,000 gold

youtube.com/watch?v=rHM49Lc2-so

Consider that rich people don't need to chase high returns.

in world history, every fiat currency is been going to zero

Gold and silver has been store of value of thousands of years

Wow you've got the sales pitch memorized word for word.

Iq of a watermelon. That’s probably why they have over 300mil oz at comex, which is literally a matter of public record. Stay poor

Sitting on my stack of gold and silver coins watching them sweet sweet gains.

Attached: 1563298550507.png (840x853, 319K)

looks like FED is going to continue doing interest rate cuts, that is going to weakening US dollar more and that is bullish for gold and silver price

This can't be real...

I don't believe this.

He would be right in an un-manipulated market. Problem is price can be manipulated down forever.

PM = Precious Metal
Buy the cheapest silver coins you can find and strap in for the ride.

Gold, stocks, and real estate are going to explode when the US devalues the dollar to compete with China, while everyone around you gets more and more poor.

>gold hits $5k
>bread is now $50/loaf
Welp

Attached: 6B88D823-F188-4AF3-9E8B-EF3214906055.jpg (88x122, 7K)

Why would I buy Gold now? Look what 2007-2008 happened to gold.

It's because candy bars have a higher intrinsic value than Silver.

Good.
I'm hoarding gold, silver, btc and walnuts.

Gold is such a meme scheme.

Gold is litterally billionaire bags.
They convince goy to buy gold when its shooting up.
The at peek gold when poor fags liquidare their shit they learn this gold selling is like that rick from pawn stars becuase
Buyers have to make a profit too.

fuck precisious metals.
Rubies and gems are wheres its at.

Your gold can shield you from radiation.
But can it cut through anything to get to the gold inside?
Thought not.
get rekt goldfags

Attached: ruby.jpg (658x495, 49K)

A gold suit will protect you from radiation.
Colliodal gold,is probably the key to immortality.

When shit hit the fan, my grandfather was robbed of his silver when he tried to flee the old country. Nick Szabo also talked about how German submarines sunk British ships with gold causing the collapse of the Gold Standard. Physical wealth just sucks in times of real crisis and make you a target. You also have to rely on third parties and physical protection.

>nobody is going to give a shit about gold when global finance collapses
When currencies go crazy physical assets is king. Whether that be land, houses, factories, or pm.

Why not both?

Attached: 04A64924-52B9-4A82-B676-46AAEB27289C.gif (375x375, 168K)

holy fuck you are all absolutely retarded and need to be slaughtered so you stop giving the fruit of your labor to the literal jewish devil

Attached: pics1.jpg (768x1003, 121K)

If gold goes to 5k bitcoin will be 100k because it’s not a fake news piece of worthless minerals that’s have more abundance that dirt

Sounds like your grandfather revealed his powerlevel to some normies and paid the price for it

Attached: 44838A32-FB77-47DC-A304-D6F16C9590FD.jpg (750x863, 71K)

>"get a load of this fucking retard"
>posts ross from friends meme
the pot calling the kettle black

TOTAL RETARDATION

>The at peek gold when poor fags liquidare their shit they learn this gold selling is like that rick from pawn stars becuase
>Buyers have to make a profit too.
if you want someone to buy your shit they get a discount
if someone wants to buy your shit, you can charge them more

>stop giving the fruit of your labor to the literal jewish devil
we all gotta pay taxes for the most part bro

(((public record)))

Tell people what crypto you hold so they can immediately dump them.

They will print infinity money to short gold. It will devalue everything and free shit up for stocks.

What happens when you buy shit to buy shit though

Which is the main argument for gold.

its all out there to look at. stay ignorant at your own convenience

Umm sweetie if they were actually saying that for a century, they would in fact be very rich.

Attached: behind_this_post2.jpg (491x491, 68K)

Holy shit lmao. ultimate warrior brainlet, the post.

Pic related

And what are those central banks hoarding? Fiat? No, they are hoarding PMs like crazy

Link is headed above 5K. That being said I wouldn’t mind snagging a sexy mole like that.

Attached: Surviving_war_in_Bosnia.jpg (1504x2964, 1.42M)

$5k gold means $500k btc

Gold and Bitcoin, there is absolutly no correlation with their price

Bitcoin could go to zero, and that affect no gold price, or probably would be bullish for gold price because Bitcoin is now alternative to gold

but Bitcoin is 10 years old, it could go to zero, that doesnt affect gold price

Gold is thousands of years old, it has always had value, gold is always worth of something, because its rare metal, and you must do hard work to mine gold in earth

>What happens when you buy shit to buy shit though
>Which is the main argument for gold.
this post is retarded. you dont buy gold because a dollar is burning a hole in your pocket. you buy it to make sure you can still buy a dollars worth of goods in the future

yes, its official that if you hold for example US dollar, you lose every year at least 2 % value of your US dollar stack, because its FED and others central banks official guideline, that inflation should be every year around 2 %, i.e. 2 % inflation

Gold is store of value and hedge against inflation, history shows that it keeps better your purchasing power than fiat currencies

We are living in a world were electronics is becoming king, and you devaluate gold?

Anons need to get their stacks up so then we can move to exotic metals
if theres more than 1 part per billion im not interested

Attached: 1ppb pilled.png (1175x831, 552K)

The forex market is retarded.

No one is going to buy shit "at market value".
Its a scamola.

You are buying something to buy something.

You are buying currency using a different form of currency.

You ever notice wheat niggas or iron niggas dont come bustin on to the scene.
Buy up some iron
buy up some wheat
prices are sky rocketing.

but
gold gets pushed onto the masses
and only fucking gold
not even oil
becuase rich fags want to feel good about themselves and start inflating price.
Or maybe its some bullshit trade war stuff.

Or maybe you been hearing me spouting that gold is the secret to immortality.

>not even oil
youre 10 years late to that bubble
there are reasons why the leaders of world institutions are buying it. if you dont wanna take heed, thats up to you man. keep pushing that real jew shit in gem stones fool

Who /silverchad/ here?

Attached: 1562517327088.jpg (749x751, 119K)

hah no, bitcoin will flip gold market cap within a year or two.

tungsten and osmium in the right ratio has golds exact specific weight. just saying...

Hey man you the one pushing bullshit
"Economy tokens" when shtf.

Gem stones can focus and split light.
Gold can only refract.
But all the other useful properties gold dont matter to you.

No clearly it must be the guy telling you about the applications for gold beyond

Muh
stable
econonmy

Get fucked luster and sheen shill
I hope your wife leaves you for a sapphire mine.

this is some next level autism

Attached: 1563381952846s.jpg (125x115, 3K)

holy brainlet

he is a BROKER, he attaches a commission to each buy and sell of gold that he carries out via schiff gold

and then use that profit to add to his portfolio of GOLD, GOLD STOCKS AND EMERGING MARKETS/ENERGY STOCKS

we are reaching brainlet levels that should not be possible

He's a broker not a banker

to be honest, buying a few 1oz rare metals just for the lulz sounds interesting

>The great depression was the result of the federal reserve not printing stimulus money

Attached: 1564721994523.jpg (1164x1164, 62K)

all this can be a bit too stressful and you wont even get the best return so try telecoin , this should work the best currently

all this can be a bit too stressful and you wont even get the best return so try telecoin , this should work the best currently

Believe a Jew who is literally trying to sell you gold. He's been saying the same thing for the past 20 years, and his father said the same thing for 50 years before him.

True value of gold is $700-$900, which means you should buy it when it's oversold at $500-600.

Attached: the-goyim-cant-know-if-you-shut-it-down-20586760.png (500x485, 138K)