gold shills have been on a rampage
spreading missinformation.
no one is against gold
they are against profiteering shills.
I found this through the site Blacklisted News, which I know that some think is
sketchy. However it is a link to a justice.gov press release that is relevant.
https://www.justice.gov/opa/pr/duke-university-agrees-pay-us-1125-million-settle-false-claims-act-allegations-related
the counter arguement is that
misinformaiton is not good.
there was a clear gold-bug shilling
last night
with conformation shills,
and presenting a PDF and giving a
false summary.
that is why people are like 'stop your
gold bug narrative'.
We've heard the gold-bug narrative over and over.
It's not going to help anyone who isn't already with some,
they might not know how to safely buy it (from the US treasury or one of their bullion resellers is a very good way)
the point: shilling is discourage.
the same reason tha tpeople thought of
'remember to always floss' as a joke.
even though flossing is a good idea,
the shilling for it made people make fun of it.
same with gold bug people.
people: if you want to buy gold, you should.
don't put all your money in it.
there is a cost of ownership.
your money might be much better invested
in a dividend paying stock.
so that's it.
some gold is fine
if you convert your whole portfolio to it?
many financial experts will say 'no, do not do that.'
if you do want to own and hold gold, try to do
it in popular forms: the eagle, the maple leaf, krugararands, and other formats.
and do your homework.
the shills would have you divest your portfolio and buy gold at a high point.
that is not a good ideas.
but good advice: do not buy a gold 'fund' unless you do your due diligence.
When Bernie Maddof did his scam, the people who he scammed thought they
were 'special' with an inside connection
and actually beliefed it was OK to get
a guaranteed return far far above the interest rates at the time.
and so who felt sorry for them?
well some of them were victims because they
took the advice of a finacial planner, and
weren't paying attention.
anyone who knoew what the deal was
supposed to be
should have said no just
because it was immoral
to think that you are 'special' and
above the markets, and getting
a rediculous return with no risk.
So beware: if you think you will get a windfall, you might end up with just a fall, or just wind.
tell me what I said that was incorrect?
I recommend people educate themselves.
I recommend don't buy 'paper gold'
I recommend not selling all your portfolio at once and switching to gold.
which of that is wrong?
or if you do want gold buy it from a reputible source, like the US Treasury (as a numismatic product) or a bullion supplier.
so what did i say that was wrong?