Silver up as Fears of war with Iran begin. time to save up some cash?!
Withthe Iranian general killed in a U.S. strike Qassem Soleimani, the price of silver and gold have made a small spike up. Silver is at $18.13 right now as of monday january 6th, 2020. A time you might ask yourself should I buy in to the rising prices in fear of war with the us an iran? Not me. I can not emphasize more now it a better time then ever to stack those cash funds and be ready for a drop back down to cheaper levels.
Don't get me wrong if you want to go out and go buy some silver right now. Don't let me stop you. please do. I am just not so convinced these recent news stories and conflict will envoke world war three or an apocolypse. It will be a regional conflict and most likely will not leave Iran. I am most def holding onto my cash reserves and going to go all in next dip we see and buying up as much ounces as I very well can. This year 2020 hopefully will be a great year of saving and silver buying for me. I hope to be able to get my stack on. I have only got an ounce this year but we're only 6 days in. haha I know that' is pretty good considering its still way early into the year but still. I'm counting. Also I noticed crypto a bit up checking briefly on coinmarketcap. Good luck to all of you that follow that and also those of you who hold some steem!