Quote from: libertad on November 25, 2017, 07:16:16 AM

Quote from: realr0ach on November 25, 2017, 01:33:40 AM

Why people who promote craptocurrency over metals are idiots:

Quote from: realr0ach on November 25, 2017, 01:22:01 AM

I'm not a fan of Martin Armstrong, but his definition of gold and silver is "a hedge against government". An actual competent person trying to disparage bitcoin would mention that bitcoin is not a hedge against government since it's traffic is not obfuscated and it runs on the governments own infrastructure. Not to mention it's not possible to create a decentralized digital currency in the first place, only centralized ones. At the end of the day, the only valid hedge against government is metals because government can't afford to police the entire physical world, but they can easily afford to police the digital one.

Cryptocurrency only exists due to the will of the government. Jewish sheklers like Larry Summers and Ben Bernanke actively promote it (red flag). They promote it because the amount of gold in Fort Knox is somewhere between 0 to 2000 tons max (much likely far closer to 0). They all know people are going to hang (hopefully lots of jewish criminals) when the debt bubble collapses and the US is forced to issue a new form of money with all the assets serving that role "mysteriously" being gone.

They're attempting to pull a business as usual scam and pretend they can just "print" up some digital 0's and 1's in the place of real money, avoid hanging in the process, while also enslaving the population even further with a new Jewish controlled, digital only slave blockchain to replace the former Jewish, debt based scam currency. There's just too many Goyim that know now, so unless a tidal wave of millenial cuckolds buys into the idea that digital scam tokens are somehow more valuable than real world physical money like metals, everyone at the fed, the BIS, and the IMF will hang.

What are your thoughts on platinum as an investment?

Many, many people HATE platinum as an investment. Pt has doubters who may be right about one thing: if electric vehicles take off, Pt and its related metals may decline substantially in use, as no catalytic converters would be needed in such (new) vehicles.

However, I like it, partly because so many hate it. Pt is diversification within precious metals. It is also "value dense" (a little bit is worth a lot). So I buy a little Pt from time-to-time. As I repeat ad nauseum, I love diversification.

But for me, the precious metal king for me is gold.

I would ONLY buy Pt (if I were you) if you already have a reasonable base of gold (possibly silver as well).