Lack of Confidence in Government? Invest in Cryptocurrency.
vagobond.substack.com
If you, like me and a lot of other people - look at the current state of affairs and see complete chaos on the horizon - there are really only a few ways to protect your hard earned money. 1) Buy gold, silver, or other precious metals or gems. Gold will never become worthless - but as a store of value it tends to peak when governments and financial systems are failing and fall when they have the confidence of the public. Personally, I'm amazed that the value of gold and silver have stayed pretty steady since 2013 as the value of our economy has been artificially inflated and corrected. When one sector of the economy falls, the governments are quick to pump up another sector - there is a robbing Peter to pay Paul aspect to it that should be terrifying. Gold has hovered in the $1300-$1600 range for far too long. Silver has been in the $16-$17 range. I think that a 25%-40% rise in value is on the near horizon. I don't recommend buying gold or silver though - the problem is fungibility - can you imagine paying for groceries with gold or silver?
Lack of Confidence in Government? Invest in Cryptocurrency.
Lack of Confidence in Government? Invest in…
Lack of Confidence in Government? Invest in Cryptocurrency.
If you, like me and a lot of other people - look at the current state of affairs and see complete chaos on the horizon - there are really only a few ways to protect your hard earned money. 1) Buy gold, silver, or other precious metals or gems. Gold will never become worthless - but as a store of value it tends to peak when governments and financial systems are failing and fall when they have the confidence of the public. Personally, I'm amazed that the value of gold and silver have stayed pretty steady since 2013 as the value of our economy has been artificially inflated and corrected. When one sector of the economy falls, the governments are quick to pump up another sector - there is a robbing Peter to pay Paul aspect to it that should be terrifying. Gold has hovered in the $1300-$1600 range for far too long. Silver has been in the $16-$17 range. I think that a 25%-40% rise in value is on the near horizon. I don't recommend buying gold or silver though - the problem is fungibility - can you imagine paying for groceries with gold or silver?