Hi steemians just wanted to get everyones thoughts on gold. Is this yellow commodity our lottery ticket to wealth that everyone thinks or do people just want to protect there purchasing power? .. i went all in on this yellow relic after i got slaughtered in the depression of 2008 with minimal gains but had the mindset i was gonna rebound from this through gold i havent... what do you think time to sell? Or is this gonna be the winning ticket to the lottery?
Your thoughts on gold?
8 years ago by neofender (37)
Nothing more than a stomach feeling, but I think it will hit later then Schiff anticipate and before 2018, I think early-mid 2017 is where you will see the card house crumble(this is when the profits come in).
I use Schiff's logic(he knows more about the fed then anyone I've ever heard), and reckon that he underestimates the fed most of the time.
Comparing gold to a lottery ticket wrong, a lottery is luck, gold vs fiat is math.
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Thanks for your thoughts
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