Imagine making investments at a time where banks were buying up failing banks <:pepelaugh:544857300179877898>

at least before you COULD hold cash, but the banks are making that increasingly hard

there is a REASON

cash shows inflation

If your friend had done the sensible thing they woulf of put it into GOLD, all of it and they would be well putt when they came to sell when the dust settles

ACH ledger system does not

Imagine imagining the imagery of images.

Gold always moves ahead of inflation in times of depression

you obviously are considerably younger

Gold is the only reliable investment

gold was at less that 1.2k an ounce in 2008

I dunno who you expect to sell that gold to

it was even at 600USD

Can't manipulate how much gold there is on the planet

Now at around 3.7k?

Yes you can lol

Because you don't manipulate the total amount on the planet

Just in the market

yes, and that is a BAD thing for the rest of us.

Gold is constantly being extracted and bought up by governments

So manipulation is completely possible

Still a finite resource

point is, you'd have ALSO been called an alarmist in 2007 if you suggested it wise to put all your money in gold

So is dollar bills

Seems to me your friends @ManAnimal are financial illiterate and idiotic

They're made from trees

especially when the market was doing so well

A finite resource

<:cuckertarlson:462285973724856320>

Did you just suggest the dollar is a finite resource

yoooo

the only idiot is you.. cause you can't see past the nose on your face

Obviously not like gold

this cant be real

Dollar isnt pegged to gold anymore so no, its not

Fuck gold invest in memes

this man isnt real

But any object that is real can run out of supply given the opportunity

Luci is peak rarted

luci is a cia op for sure