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1   BoomAndBustCycle   ignore (1)   2021 Jan 11, 7:08pm     ↓ dislike (0)   quote   flag      

Well you know what they say... a broken clock is right twice a day. Seems about right for zero hedge’s track record.
2   theoakman   ignore (0)   2021 Jan 11, 7:09pm     ↓ dislike (0)   quote   flag      

I lost confidence in 2006 and went all in on Gold and Silver. Did ok. Regained confidence in 2012. I'm losing confidence big time again. Gold/Silver, and I will slowly acquire bitcoin once the buying hysteria subsides (if it does).
3   Patrick   ignore (1)   2021 Jan 11, 7:15pm     ↓ dislike (0)   quote   flag      

Stocks can be an OK hedge, like Visa. Liberal censorious bastards who deplatform, but they also have income that rises with inflation because they take percentage.
4   HunterTits   ignore (4)   2021 Jan 11, 8:18pm     ↓ dislike (0)   quote   flag      

If I had a single bitcoin for every article/book over past 30 years I've read that was like that, I'd be a trillionaire right now.
5   Dholliday126   ignore (0)   2021 Jan 11, 8:32pm     ↓ dislike (0)   quote   flag      

Amen. If someone is talking about the dollars demise than they are trying to sell you something.
7   MisdemeanorRebel   ignore (3)   2021 Jan 11, 8:53pm     ↓ dislike (0)   quote   flag      

HunterTits says
If I had a single bitcoin for every article/book over past 30 years I've read that was like that, I'd be a trillionaire right now.



The Gold to 5k/ounce shit is so old, I remember my Math teacher in 6th grade telling us a story about how his Uncle leveraged his house to buy Gold and Silver in the late 70s, and lost most of it's value a few years later.
8   Misc   ignore (0)   2021 Jan 11, 9:25pm     ↓ dislike (0)   quote   flag      

I will gladly take those worthless dollars.
9   MisdemeanorRebel   ignore (3)   2021 Jan 11, 9:30pm     ↓ dislike (0)   quote   flag      

It would be great to require a $1000 fee to hawk buttcoin and gold/silver on the internet.

Not because it needs regulation, but it would cut down on the spam 90%.

I'd love to allow Brave ads to run, but I turned it off because it was all track your crypto, buy crypto, tales from the crypto.
10   Rin   ignore (8)   2021 Jan 12, 12:43pm     ↓ dislike (0)   quote   flag      

I think that ship has already sailed in years following the financial crisis, around 2011.

And thus, all this worrying is just a re-test of those highly bearish USD/EUR/GBP days with a few peaks outside of the 2011 highs.

Gold's support is in the $1400-$1500 zone and will find its way back there or establish a new level between that and today's level.

All and all, it's a hedge against excess central bank QE; it's neither an investment nor a true safe haven.
11   Rin   ignore (8)   2021 Jan 12, 12:47pm     ↓ dislike (0)   quote   flag      

NoCoupForYou says
The Gold to 5k/ounce shit is so old, I remember my Math teacher in 6th grade telling us a story about how his Uncle leveraged his house to buy Gold and Silver in the late 70s, and lost most of it's value a few years later.


If he avoided the parabola of 1978, where $190/oz skyrocketed to $850/oz, he would have still done ok.

After the crash, gold never touched $190/oz ever again.

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