No no no listen you wrong again. I was considered a wallstreet hotshot to the wallstreet hotshots. Let me explain what's going on. Peter is not wrong but here's the situation. So what happens and this has happened twice before already to my recollection.

In the 80's there was a lumber to gold run up that proceeded an inflationary run up and then it happened right before the housing collapse of 2009. So these are intial indicators. Means it follows that pattern which suggest a bull market, however lumber then corrects shortly after . .

Evenso.. gold to lumber is still somewhat considered a pseudo science. The commodity group that was under peer review with several academic studies to give indicators on this was gold to platinum division.. or the price of gold divided by platinum.

The real situation though is in monetary government policy. What Peter is saying we're dumping money because the fed has a very bearish view of the economy same as many economist. So now what you have over the next several months is alot of money chasing not enough goods and services which is causing the inflation.

My family owns one of the biggest construction companies in the city. I work day to day with them. Let me ask you this question? Do you think we're charging less for services or more? I'll let you answer that.

You should also be aware that what will drive this inflation higher is we now have the covid delta variant. They got all these poor sick children with it. The same disease many of you all don't believe exist. You also don't believe the earth is round. That they faking up in space on a sound stage and elon musk and richard branson nothing more than trained actors, lol.

Well states are once again closing up. Only have the populace has been vaccinated. So you know what that means right? Means this is happening all over again almost like we been hit by a 4th wave.

I have done everything i have tried everything to educate " you people". People like whatsapp and marky mark over in the pulse room going to take you all to the bowels of hell". they going to take you all to the abyss of hell.

I have tried to save this chain. Have brought my knowledge my talents free of charge. Haven't asked for a dime but you all are reprobate" for those of you not sure about this word in your lexicon means predestined to damnation.

I may have to turn to another community .. another chain to save. Anyway let me continue on with these market corelations, please excuse the tangents lol. So here's what many economist feel will likely happen who will take a big hit. Obviously Peter Schiff is a gold bug. So that means his predictions are always going to point more to a hyperinflated outcome because he wants you to put your money in gold. He sells gold so his predictions have to follow a good reason to sell it. Gold we've seen what it's done price wise. Thats an indicator of inflation, you're trying to protect your assets against inflation.

So here's the kicker many don't understand. They erroneously believe that crypto will perform good in these cases. Unfortunately most economist disagree. They believe that leveraged assets .. highly speculative asset classes like cryptocurrencies will suffer the most as they generally do. That is because in the idea that cryptos are deflationary what is actually happening is that we are creating thousands of crypto at a number we probably won't be able to number in the future. All this defi . and nft crap. What is happening the crypto space is not really deflationary. This is why bitcoin maximalist go crazy because they don't want the high levels of inflation coming into crypto in which most projects are crap. Most aren't used and create no new money. So that's why they so upset.

So because of this economist have predicted when everything hits the fan. So will cryptocurrency. Now of course crypto people don't believe that. They are hopeful and not rational most of the time .. Especially under the economic conditions we're in because they don't know what else to do.

I mean i get it. I get that you all want to take your power back. That you tired. The thing is in any resistance or revolution you have to learn from your enemies those you impose. You can't just get out here trying to fight and try to know things you don't know. I worked on wallstreet most of my life. These economist who got nobel prizes and went to school they weren't just like doing nothing there. They were actually doing something related to this stuff lol. So you gotta know how to fight your enemy not just fight your enemy blindly.

I know you all going to have a problem because i already clearly see how you all manuever and function. I can only pray for you all now.

Marky mark and whatsapp dont know what they talking about. Stop listening to them. They going to be the undoing of this place. That's my last warning lol.