Gold and Silver on the Cusp of a Major Move Higher!

It's funny and predictable that Youtube pushers come out of the woodwork to push buying Gold and Silver as Gold moves upward and Bitcoin drops a bit. I can't keep up with all this nonsense!! I watch it for entertainment but I haven't watched this one yet as I only watch them when I'm killing time, and right now is not the time!

 

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I have to wonder if the latest sell off of Crypto's might be pushing PM's higher?

Will watch later!

 

Well Silver jumped 83 cents an ounce today to 28.25

 

The spot price of Silver has not gone up significantly for over a year, yes it's gone up and down but only above $28 a few times in the last year. Will the spot price of Silver ever go up significantly or are buyers of Silver buying on blind faith????

https://www.kitco.com/charts/popup/ag0365nyb.html

 

Well, it does make sense with inflation, negative interest rates, printing money etc

 

Gold and silver have risen during the Bitcoin sell off, but I have no idea if there’s a direct correlation.

 

Three words (IM NOT BUYING)

 

Silver to $300, Gold to $10,000!

 

Not sure how realistic that is, not so much
silver but gold is tied directly to the dollar
so the dollar would have to take a major dive

 

I'M NOT SELLING

 

My philosophy is a long term investing approach

 

How is "gold tied directly to the dollar"?

 

In Earth time, "Soon" means within the next couple hundred thousand years.

 

Our heirs will be pleased, our precious metals are safe and secure. We now sit back and watch the market. Our pleasure now is focusing on continued coin and currency collecting, sharing by giving but never selling. There are still some very good buys online, in local coin shops, and shows. Enjoy the ride everyone.

 

Yep currency collapse, Youtube has that as well!

 

Everybody has an opinion..LOL

 

No one’s investments are safe as long as Treasury Secretary Janet Yellen keeps going out in public, mouthing the company line and trying to undercut the Federal Reserve Board, which she once headed before being fired. She did it last week to the stock market and, in an encore, did it again today.

 

My heirs would probably prefer Bitcoin.

 

Smart Man !

 

A smart man would prefer a food stash.