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greenvention
Jun 12, 2022 10:10 PM

Precious Metals continue to surge against cryptos Long

(GOLD+68*SILVER)*100/(BTCUSD+18*ETHUSD)TVC

Description

#Bitcoin and #Ethereum have been in a lot of hurt lately, and the end has yet to be seen.

This custom chart shows #Gold and #silver in their historic proportions versus major cryptocurrencies #BTC and #ETH.
As you can see, PMs have been outperforming cryptos in general since November of last year.

A reverse head-and-shoulders can be found in this chart, implying that the pain for the crypto market has a ways yet to go.

It used to be common to have 5 to 20% of a portfolio in precious metals depending on risk tolerance. With the threat of inflation those numbers should be significantly higher. Today's median crypto investor has 0 in PM holdings. Luckily there is an easy way to convert crypto to actual, allocated, physical (and even deliverable if desired) gold and silver.

Check out the Kinesis platform to learn more: kms.kinesis.money/signup?referrer=deang421

Good luck out there everyone
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