The chart speaks for itself. I'm glad I went long when I did. The rise of Gold, Silver, and yes Bitcoin, is a sign of a failing fiat currency system. Think about it.
(My Previous SLV post)
(My Previous SLV post)
Comment:
Gold and Silver should pick up steam once the public realizes that the FED is out of bullets and we are not buying into their bullshit this time around. I just borrowed a sizable chunk of my 401K. If I can pay it back great, if not, so what? They pay it back with my other trapped funds. If BTC or PMs shoot for the moon, or hyper-inflation sets in, I'll just pay it back with pennies on the dollar. No biggie. Like I said in my others post, I'm doing whatever I can to get some of my money out of this system before it locks up.
Comment:
My Silver position is still doing very well and will continue to do so as the fight between fiat currencies and crypto continues to play out. (crpto will win in the end IMO. Especially BTC) I doubled up on my SLV some time ago and don't check these charts much because it just "is". When everything around you is falling apart there is just no worry holding real money like Gold, Silver and BTC. You just know that you have the best possible SHTF position hands down. Not stocks, not bonds, not fiat, nothing.
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I'm glad I bought some more SLV on Friday. This week may start to rock even harder.
Of course my preference is the physical but what can you do when your IRA and 401k is stuck inside of Wall Street? But whatever you think might survive what is coming.............
Of course my preference is the physical but what can you do when your IRA and 401k is stuck inside of Wall Street? But whatever you think might survive what is coming.............
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Buy whatever....
I hate typing.
I hate typing.
Comment:
Still loving me some SLV! Got Silver? Not a bad idea to offset your cryptos. If interested you might want to wait for a pullback though before picking some up. It may be the last time for awhile. Especially if we do enter into another financial crisis.