This is probably one of the most foolish statements I always hear on HN and it is also a logical fallacy. Also, you have no idea what his position with the mar

This is probably one of the most foolish statements I always hear on HN and it is also a logical fallacy. Also, you have no idea what his position with the market is. When people talk like this, IMHO, it is out of a fear of something they do not want to believe. Over a year ago, Sept 21, 2021 he said: "Giant stock market crash coming October. Why? Treasury and Fed short of T-bills. Gold, silver, bitcoin may crash too. Cash best for picking up bargains after crash. Not selling gold, silver, bitcoin, yet have lots of cash for life after stock market crash. Stocks dangerous. Careful." He was wrong with his timing on the stock market crash, but Bitcoin is down 70% from then.