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RE: Another Billionaire Goes All In On The "Barbarous Relic" Gold While Mainstream Media Remains Silent

in #money8 years ago (edited)

@dollarvigilante

The guy is just diversifying much like everybody should.
There is no intrinsic value in neither gold, fiat or crypto.
Value is plasmatic. Your post spreads misinformation.

You are actively hyping one investement option that you favour in respect to another. You are manipulating the market in your own way, through your circle of influence much like every other newscast or investor does.

Throughout the past months we've covered announcements by numerous billionaires about an upcoming stock crash and the necessity for for hedging and metals protection

This is plain scaremongering. The market goes through cycles. It will crash eventually and then will go up. Whether it is based on FIAT, gold or crypto is irrelevant.