Cryptocurrency & precious metals? My overall plan...

What are physical precious metals? They're precious metals, but are actually in your hand. Not a certificate (as we saw years ago, those are meaningless as some wholesalers over sell what they have). If you don't have your silver or gold in your hand, you don't ACTUALLY own it! Kinda like crypto. Unless it's on a physical wallet, you don't actually own it as it can be hacked an taken from you.

Although I believe cryptocurrency is the future, I also don't discount physical precious metals. Physical precious metals are here to stay. They've been around longer than fiat currency and they'll be around after all fiat currencies fall flat. Gold is the top metal, but silver is the most popular one for blue collar workers.

As long as silver is priced under $20, it's a good buy. As you can see, it's currently around 17.88 per ounce (at the time of this post).

But take a look at the historicals! I originally bought my silver at 7.00 (give or take) an ounce before 2007. I sold every single ounce when it hit almost 50.00 in 2010!. Then I held on to that money and reinvested when it came under 20.00 an ounce again.

Moving in to the future though, holding on to crypto an physical precious metals will be the way to go. Stocks are too unstable (many are getting out of the market currently because there is talk of a massive event coming this year or the beginning of next an it's scaring them off), 401Ks are vulnerable, property can take a hit as well. Cryptos and metals are where people will be going to stop the loss of their money in case of inflation and devaluation.

Input? Anyone? Is the cold medicine having a negative effect on my thought process?