Poor Peter...

in GEMS4 years ago

While Peter keeps getting older investing in Gold, Bitcoin keeps on flying

Peter loves gold.

Peter hates bitcoin.

Welcome to the stages of Peter...

image.png

(Source: https://medium.com/@pabloclarkey/peter-the-broken-record-schiff-hates-on-bitcoin-yet-again-d1ecf3ed3d89?source=rss------bitcoin-5)

He stuck to his guns when BTC was worth $1 and didn't invest.

At the time gold was worth $1,700.

Fast forward 10 years and gold is still worth $1,700. Good job preserving your wealth Peter (well sort of as the dollar has lost roughly 2% of its purchasing power every year over the last decade).

But bitcoin is worth close to $10k...

Oops!

Unfortunately the same thing will happen again as bitcoin goes to $1 million and gold stays roughly where it is now.

Poor Peter...

Stay informed my friends.

-Doc

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Also philippines is poor country

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