I've been in silver for a loooong time. It will be nice to see it finally break free this year. In the meantime I love Litecoin and bought a lot of it under $30. Here's the esoteric reason why Silver will break free this summer:
People always say buy gold and silver, yet my lifetime I have watched many people LOSE money buying gold and silver. It seems like some broad diversification is needed. I'd own real estate, stocks, cryptocurrencies and the metals. All I know is that many of our markets are in high bubble territory ready to pop. If we follow history it would be time to sell most asset classes and hold cash. Then when the asset classes are cut by 20 percent or more, start buying a little.
Melody, The world is changing fast. I see you're in real estate, and so am I (appraiser), but when credit freezes up this Fall everywhere, and no one can get home loans, home prices will drop through the floor (some say as much as 90%!) There's already a glut in land and housing. China, Russia, India, Japan and most other countries are buying gold & silver hand over fist at these relentlessly suppressed metals, but when they bust loose (and they soon will), you'll be sorry if you don't have any metals or cryptos, but thrilled and relieved if you do have some of each! I only stick my 2-cents into this subject because I don't want to see anyone lose everything.
It sounds like Bitcoin may be pricing itself out of the market. It will be interesting to see how litecoin and others do as altcoins become more mainstream. Exciting times folks..............get in now before it's too late.
Fully diversified in bitcoin, altcoins, sliver lead and brass!
our future looks bright ...unless you're a banker lol
Bought another $1000 in Litecoin yesterday.
I'm in it for the long haul like you. Thanks Bix for the daily updates!
lucky enough to find a couple silver quarters in my change!
There is so much happening in lightcoin it's going to be running away have you seen the mit 1 Aug count down
Wish I had money to buy some silver! The only thing I've ever had that was silver is a tooth or filling!
I've been in silver for a loooong time. It will be nice to see it finally break free this year. In the meantime I love Litecoin and bought a lot of it under $30. Here's the esoteric reason why Silver will break free this summer:
https://steemit.com/news/@astrologychick/the-biggest-event-of-your-life-bitcoin-silver-and-an-eclipse-astrology-forecast
People always say buy gold and silver, yet my lifetime I have watched many people LOSE money buying gold and silver. It seems like some broad diversification is needed. I'd own real estate, stocks, cryptocurrencies and the metals. All I know is that many of our markets are in high bubble territory ready to pop. If we follow history it would be time to sell most asset classes and hold cash. Then when the asset classes are cut by 20 percent or more, start buying a little.
Melody, The world is changing fast. I see you're in real estate, and so am I (appraiser), but when credit freezes up this Fall everywhere, and no one can get home loans, home prices will drop through the floor (some say as much as 90%!) There's already a glut in land and housing. China, Russia, India, Japan and most other countries are buying gold & silver hand over fist at these relentlessly suppressed metals, but when they bust loose (and they soon will), you'll be sorry if you don't have any metals or cryptos, but thrilled and relieved if you do have some of each! I only stick my 2-cents into this subject because I don't want to see anyone lose everything.
It sounds like Bitcoin may be pricing itself out of the market. It will be interesting to see how litecoin and others do as altcoins become more mainstream. Exciting times folks..............get in now before it's too late.