Gold finally gets a little pump after years of stagnation and underperforming when it should have been performing against the ongoing fiat clusterfucks all over, and goldbugs start giving "told you so" lessons.
Whenever you see a goldbug giving you a 101 on economy and investments lesson (the same goldbugs which told you to buy gold instead of "that Bitcoin scam" since 2012) show them this pic which exposes the mother of all goldbugs:
Unbelievable that this guy and their followers still have the audacity to go around lecturing Bitcoin holders. They should be quietly hiding under a rock at best.
I think that a lot of people severely misunderstood where the criticism is coming from.
We are not criticising gold investors at all, or even gold itself.
What we are shunning is the fact that there are people out there that use their influence to mislead people, put out completely arbitrary figures and say that a certain asset is going to hit $xxxx in y amount of time, with absolutely no backing. And these same people are making profit out of this business due to the premiums they charge on gold/silver bullion purchases from their own site.
Blindly believing in a single asset class never ends well, even if that asset class is something like gold which perceived to be a long term store of value. If you don't recognize cycles, short term movements, and simply delude yourself into thinking that it's simply going to hold the value of your investment in the long run, you are dead wrong. Especially in this day and age with blockchain technology that allows people to gain the full monetary benefits of gold on a digital platform.