Bitcoin vs Silver for 2018 Investment Returns — which will be better?
Will Silver outperform Bitcoin in 2018 in % terms — not dollar amount
The move in Bitcoin has been extraordinary for the past two years. In order to even attempt to make a guess, allow me to share my assumptions:
- The US Dollar will devalue in 2018-2019. By how much we don’t know. The US Dollar will also be challenged by the Chinese Yuan which will be gold backed for oil —- thus reducing the US Dollar standing in oil trades as we know it.
2.) The Silver/Gold markets have been horrendously manipulated and “kept down” for various reasons....mostly to make the US Dollar look good and appear that “all is well”. Funny, but cryptos will help Silver/Gold be traded/valued by a “real market”. Gold backed crypto’s or tokenized gold will be made available to the public bypassing the Comex for pricing. Today the world keeps gold/Silver down with paper contracts — fiat cash.
So...like a ball being kept under water...when the banker cabal pricing for Precious metals is over/challenged you will see Silver and Gold move.
What is the right value for gold / silver — only the market will tell us.
My hunch is $100 Silver over the course of 18 months is not unrealistic and $50 silver seems doable for 2018. Since Silver is $17/oz today, that would make for about a 300% return.
Will Bitcoin be 300% return for 2018? Or $33,000...possibly
Will Silver be $100/oz in late 2018....meaning a 500% return ....we will see.
This is not investment advice. But if the dollar starts to fall and the bond market is in trouble, we will see moves in these areas that will be on par with 2017.
I just watched a video from some who has been fairly accurate in price predictions for bitcoin. He is predicting to 2x or possible 3x in 2018 and silver to 7x. Start stacking!!!
here is the link
I will watch...thank you. Those predictions seem in-line with some assumptions.
Outstanding post and narrative. Thank you for sharing Resteemed!
Thank you very much.
You have an amazing way of capturing all the gist of the matter!! Bravo!
Quite straight and objective in your analysis without clouded emotions!!
Excellent reflection on the possibility of future scenarios!
Silver will do nicely in 2018! Too much suppression!
Gold will become like Bitcoin too.
Better to have eggs in different baskets!
Have you heard 'cliff high' forecast of silver going above $600?
Cheers.
Thank you so much for your kind comments. I do follow Clif and others. I do think being diversified in precious metals and BTC/LTC/ETH is a way to helpfully address what may happen. They are doing their utmost to keep the markets in-line and suppression of the metals will be with us — until that “day”. We will know it:-)
Own them all. Plus anything else the dollar will buy.
That’s right ...we have to be diversified and be patient.
Upvoted and resteem Awsome post I REALLY REALLY HOPE SILVER MAKES A MOVE IN 2018 hahaaa man This 2017 pretty much stayed the danm same
Thank you for your comments. Silver will see moves as the suppression ends. The suppression ends with the help of the cyrptos in an ironic way. You will see precious metals tokenized and crypto/PM backed currencies. It will be interesting. Timing is the issue. Things need to be in place for minimum disruption.