I'm making bit bets on silver. The silver to gold ratio is at a high point and the entire sector looks ready to move much higher this year.
Selling cryptos and buying silver is looking like a smart move. Especially as I sense the tether/bitfinex scam is soon to come crashing down like bitconnect and drive all cryptos to the depths as I stated in a recent article of mine.
No one sector gets the glory forever, you gotta rotate between'em.
Yeah, I saw your recent purchases. I think that's really smart. I'll probably sell 90% of my silver on the next high myself.
Agreed. I think we are on the same page @getonthetrain. I remember reading Mike Maloney's Gold&Silver book some 10yrs ago, and really first introduced me to the concept of cycles and buying under weight assets then selling them for stocks/ realestate once those become cheap again.
Cycles generally last 6-8 yrs, so the strategy does require some patience, but it's worked for me thus far!