This time last year, we published an article titled “Bitcoin Is Now Good As Gold, Actually It’s Better”.
Now, this was back when a single bitcoin traded around $1,280.
There were quite a few haters back then who commented on the vblog we did for that same article saying these things:
Around 9 months after the above comments, I put out another video on December 15th suggesting that people begin rotating crypto profits into some of the forgotten gold stocks that have good upside potential.
And just as absurd as the comments from 9 months earlier, people began making statements in the video comments like;
“Gold will never go up, bitcoin will never go down” and this guy:
In fact, within two days of the video, bitcoin hit its all-time high near $20,000 and has come down dramatically since.
One year ago, I was virtually assaulted for suggesting bitcoin was “as good as gold” and most of the commenters said bitcoin was in a bubble and “tulip mania” when it was near $1,300 while stating that gold was the best investment.
Nine months later and bitcoin had risen to $17,700 and I was lambasted for even stating that bitcoin could ever go down again… and nearly everyone commented that gold would never rise again.
This is why you shouldn’t be taking your investment advice from Youtube commenters! In fact, I often use it as a gauge of public sentiment and if everyone thinks something is going to go up… then it will almost surely go down. And, vice versa.
Your average person, after all, is an indoctrinated, vaccinated, fluoridated brainwashed slave that has been the target of mind control in the government indoctrination camps and via television programming their entire lives.
It’s not even really their fault. This has been a CIA operation for decades to make your average person a drooling idiot that can’t even think rationally.
After all, in 1981, numerous people said that CIA Director William Casey said the following in the Roosevelt Room in the West Wing of the White House, "We'll know our disinformation program is complete when everything the American public believes is false."
Congratulations, Casey, I think you have achieved your goal!
Don’t get your financial advice from the mainstream media like CNBC, or from the Federal Reserve… and certainly not from a Harvard professor in economics… aside from not knowing anything about economics they have no incentive to guide you into sound money like gold and bitcoin as it works against their plan for total and complete monetary enslavement of humanity.
Like, communist buffoon Kenneth Rogoff, who recently said, “I think Bitcoin will be worth a tiny fraction of what it is now if we’re headed out 10 years from now. I would see $100 as being a lot more likely than $100,000.”
He joins fellow Keynesian, Paul Krugman, with a list of predictions that are so far from reality that it boggles the mind. Like, when in 1998. Not 1993, or 1994… 1998! When the internet was already massive and only someone with severe brain damage could have said what Krugman did, saying, “The growth of the Internet will slow drastically, as the flaw in 'Metcalfe's law'-which states that the number of potential connections in a network is proportional to the square of the number of participants-becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.”
What’s a “fax machine”, by the way?
In any case, we’ve just wrapped up our third annual TDV Investment Summit in Anarchapulco, Mexico, with speakers who actually understand economics like Ed Bugos, G. Edward Griffin, Mike Maloney, David Morgan and more.
The gold stocks recommended at the 2016 Summit went up hundreds of percent within 6 months of the event. And the cryptos which were widely lauded at last year’s summit went up thousands and even tens of thousands of percent within the next year.
I am quite sure many of the predictions for 2018 given at this year’s summit have the potential to do nearly as well. And you can get access to the entire Summit plus the entire Cryptopulco event… and even the entire three days of Anarchapulco with speakers like Ron Paul, Cynthia McKinney (who came out as an anarchist at the event), and 40+ more amazing speakers all from the comfort of your own home by going HERE.
The individual videos are still being uploaded daily as we speak, but you can access the entire event’s videos for Anarchapulco, Cryptopulco and the TDV Summit now HERE.
Be careful where you get your info! If it’s on TV or on Youtube comments or said by any Keynesian “economist”, basically always do the opposite.
What’s Krugman’s fax number? I’ll send him this article.
About the Author
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and cryptocurrency conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, Bloomberg and Fox Business. Jeff also posts exclusive content daily to the new blockchain based social media network, Steemit.