Post by
metalhead666 on Feb 14, 2024 10:25am
$4 Billion into $hitcoin, $2 Billion out of gold ETFs ....
More proof of just how stupid the average person is. $hitcoin is no diffferent than betting on the Super Bowl which people did by the 10s of Billions. Just another casino game, digits on a screen with no real world value whatsoever. Moreover it proves the human impulse to buy high and sell low. The average person is like a dog chasing a car...they see movement, glaze over and give chase when they should be doing the exact opposite.
$hitcoin will crash and burn again. No government is EVER going to cede control of their grip on the currency. $hitcoin is just another Wall St slot machine and the recent ETFs just another way for the money changers to skim their fees off the stupid masses
When $hitcoin crashes and burns alongside the ponzi economy the dumb downed masses will be sewing gold coins into their pant legs as they always have when they realize what a farce the system is.
Buy low, sell high. Buy when others are fearful and sell when they are greedy. Accumulating SKE on these dips slowly. Put a bet on Hecla HL at its yearly low....earnings tonight. And of course continuing to add to TLG for the eventual takeover bid or production from the BIG A$$ mine
Comment by
goldstd69 on Feb 14, 2024 2:14pm
I agree with you regarding bitcoin ...
Comment by
metalhead666 on Feb 14, 2024 2:34pm
I bought a lot of Bitcoin when it was brand new...at $5. Nearly lost it all when MT Gox failed. Managed to get it out in the nick of time. Sold it all at $1700 which was awesome but had I waited a year or two more I'd be lying on a tropical beach right now. Nonetheless I think the technology behind it is amazing but the tokens themselves an STD for mindless fools to get infected with