The crazy thing is metals are starting to behave like crypto in terms of volatility.
Well, not really, but the activity we see these days is different than anything I’ve seen in the last few years
Does anyone really try to make money trading the silver etf?
The way I see it, if you are trying to make money, focus on crypto, but if you are trying to save money, physical silver and gold is the way to go for a safe steady growth in savings.
I wonder how big they make these silver coins, a 100oz coin would be pretty cool, as long as the premium isn’t too crazy
If ever the fiat system gets so bad maybe they will remove a 0 or two from the money and the face value of our coins will carry a lot of weight as long as their are honoured
Or, of course, maybe some financial wizardry will keep us in the loop for another 100 years
Regardless, I don’t see a universe where silver doesn’t keep going higher and higher in price
But on the way up there are a lot of dips, but those dips help build momentum.
However, as a lot of people in the silver/gold space like to say, the are a lot of shorting/manipulation going on in the metals world.
Thats one of the biggest narratives behind why buying gold and silver is a good bet, eventually the shorting and price manipulations aren’t going to hide the bullshit anymore
In this scenerio, the silvergoldstackers community could be one of the wealthiest group of people who have enough buying power to secure a VERY large position in the hive community.
But thats an interesting thought. For something outside of crypto to go up so much that it can help us get more crypto, when most people outside of the hive community try to make their money using crypto then using those gains to get things outside of the crypto world.
Will be interesting to look back to these days in a year or two.
