In a CNBC interview, Elliot Wave fucktard, Robert Prechter, said he “wasn’t interested in gold,” comparing it to the bubbles of the Nsadaq and housing.
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Does he not understand that what was cash before 1971 was actually gold because you could convert it? If he is tracing his wave history back before that, CASH=GOLD. How valuable is something that is not scarce and that you can create infinite quantities of (digits/dollars)?