What about Buffet’s brilliant move to cash years ago? Anytime the market drops 5% people say he’s a genius. Market doubles while his cash is parked and *crickets*
Gather some friends, make elite snacks, drink a bunch of beers and bet pushups on different scenarios throughout the game. You’ll enjoy the fuck out of it
I will admit I have not listened to Peter Schiff much but I did recently listen to him on Tucker’s podcast. It kind of amazes me that he equates good money to having utility when that’s clearly a BAD thing. You don’t want real estate or food or oil or ammo to be your money. There are many properties of gold that make it good money but utility is NOT one of them. But he sort of has to latch on to that because it’s the only thing he can point to when comparing gold to bitcoin
The ETFs trade at a share price and not $87000. It’s easier for noobs to wrap their brains around $65 per share. The unit bias problem is somewhat mitigated by the ETFs was my point
As a colleague of mine once opined - depending on the team it’s either condoms for vets or condoms for homeless - either way the govt is wasting money on something