Metals Are Still The Best Safe Haven

Words
256
Reading
2 min
Listen
Play
2y

I love Hive. It has so much potential and so many great projects going on here. That said, when tough financial times come and people need to sell, people start selling off their crypto first.

In my opinion, metals are still the best safe haven other than land, resources and real estate. Gold and silver maintain their value against the inflation ravaging our monthly budgets.

If you're looking at the actual spot price, it has continued to fluctuate.

altGold 30 Day Chart from Kitco

altSilver 30 Day Chart from Kitco

Even so, the cost of goods and services continues to rise. A $3 drop in silver per ounce is nothing when groceries go up $20 from the previous month. The gold and silver still buy the same equivalent amount of goods and services while fiat dollars fall badly behind.

If you're not already saving some of your wealth in gold and silver, it's not too late to start! If you're not sure where to start, here's a good starting point: @bulliontools/welcome-to-bullion-tools


1000033547.jpg
Buy DUO and stake to receive Hive dividends, tip others, have your posts curated and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO


alt


alt
Do you like stacking gold and silver?

alt

alt

Are you new to Hive, or know someone new to Hive, and want help and support?

Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!

Metals Are Still The Best Safe Haven | Ecency