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GREAT NEWS! The Tide Has Turned For Gold & Silver And The Surf Is Going To Be Awesome!

17-11-2018 < SGT Report 117 981 words
 

from Silver Doctors:



SD Friday Wrap: Good news. No, make that GREAT NEWS! The tide has turned for gold & silver. What’s the proof? Grab your surfboard and come find out…


Good news!


Make that great news!


There is great news to report!


Imagine that, huh?



‘Ol Half Dollar isn’t the doom-n-gloomer he’s made out to be.


He is really an optimist with great news to report!


Starting out, check this out:



OK, “Hey Half Dollar, you said you had good news, so why are we looking at a poll with Bitcoin beating gold?”.


Good question.


Bitcoin is not beating gold, and that’s the good news.


It’s great news, but you have to hear me out to understand how and why Bitcoin is not beating gold.


To hear me out, we need another visualization, which is the result of a simple Google search with the phrase “average age of twitter user”:



It is hard to see on the chart at the right, but the very first bar on the left shows 17.7% of Twitter users are 18 – 24 years old, the second to the left bar shows 22.5% of Twitter users are in the 25 – 34 age group, and the third bar from the left shows that 19.5% of Twitter users are between the ages of 35 – 44.


What does that tell us?


Nearly 60% of all Twitter users are under the age of 44. The largest demographic for Twitter is the generation of the Millennials, and there is a significant percentage of Twitter users between the ages of 18 to 24.


What does that have to do with Ron Paul’s survey?


A lot, actually.


Now, I’m no mathematician, and much less a statistician, but it doesn’t take either to realize that the majority of those votes cast would have been cast by people aged 44 years and below, and yet Bitcoin only got 51% of the vote.


You see where I’m going with this?


The tide is turning my friends, fellow stackers, and yes, we’ll even let the trolls know too.


That’s right.


The tide is turning.


How so?


The results of Ron Paul’s poll are skewed and inaccurate in the sense that the results do not reflect reality.


Again, since I’m no statistician, I can’t do a great job of explaining it in the mathematical abstract, so let me throw-up, figuratively, another visualization, this time from business insider:



Hmmm…


Let’s see what we can glean off of that chart (in no particular order):


  • It is a chart of the financial “peak at everything”, yet the creators don’t even count people under age 25 for anything, and that age group makes up 17.7% of Twitter users

  • People aged 25 spend more money they don’t have (i.e. credit cards, student loans, or their parents money) than money they do have

  • Men don’t make the most “money” in their careers until age 49

  • The highest net worth that an individual will achieve doesn’t happen until at least age 65

Putting this all together in light of Ron Paul’s poll, what does this all mean?


In a nutshell, it mean that investors are finally starting to realize the importance and significance of owning gold.


By extension, we can say it means that investors are finally starting to realize the importance and significance of owning silver too.


More importantly, investors are willing to act on that realization.


Let’s think about all of this in another way.


Now, I don’t know who said this, but it is valid, it is important, and in my opinion, the following is true.


In no particular order of importance, somebody once said that Bitcoin is great for people who:


  • Don’t understand history

  • Don’t understand math

  • Don’t understand money

Now I’d like you to think for a moment about “No Child Left Behind” and “the dumbing down of America”.


Go ahead.


Take as much time as you need to think about those things.


After you have thought about those two things, I would ask, is it possible that the majority of the people who voted in Ron Paul’s poll don’t understand history, math, or money?


Heck yes it is!


On top of that, I’d like you to think about the fanaticism otherwise known as the Cult of Bitcoin.


Geez, those Bitcoin Fanboys.


I mean, it’s not really debatable – they’re fanatics.


Since the younger generations represent the largest percentage of users on Twitter, specifically the Millennials, it is, in my opinion, highly likely that these same social media oriented, Bitcoin fanatical Millennials, who don’t have any money of their own, or if they do have any money, they don’t understand history, math or money, yet they ganged-up together to intentionally skew the results of Ron Paul’s poll in favor of Bitcoin.


Wow!


But, surely I’m just seeing things, right? I’m trying to see something that’s not there, aren’t I?


No and no.


Check out the same exact poll from the same exact person taken last December 5th, 2017:



OK, “Hey Half Dollar, the results look about the same to me!”.


They do look similar, but they are miles apart.


Why?


The percentage of people voting for gold increased from last year to now, and the percentage of people voting for Bitcoin decreased from last year to now.


But that’s not all.


Read More @ SilverDoctors.com





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