At 0%, Gold has a higher 2-year yield than 13 countries… pic.twitter.com/6Oj6GtGc1P
— Charlie Bilello (@charliebilello) August 28, 2017
As much as a crypto fanatic that I’ve recently been, one of my first true loves in Gold.
With Gold at $1320 and Silver at $17.40, I’ve got no complaints.
Hopefully looking at $24 silver in December, and of course, I hope gold is coming along for the ride. Let’s see how this goes.
By the way, cryptos are heating uppp. At a $165b market cap right now, things are looking very precarious here. Although I’m balls in deep into crypto, I think people should already know by now that I’m at over 100% profits, so if the entire crypto market comes crashing down 50%, I would STILL be in profits.
Jumping into crypto is definitely not advisable unless you know what you’re doing, the risks that you are taking and can obviously bear the cost of losing it all.
Then again, people thought that Gold would keep falling in price until the only people bidding them up were jewellers and dentists. That never did happen, did it?