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re: PSA - Gold and Silver at Spot Price
Posted on 5/15/24 at 2:25 am to dstone12
Posted on 5/15/24 at 2:25 am to dstone12
I have lots of friends that are stackers and holders of bullion. NONE of them do it as an investment, it is simply a store of value for them. If it happens to go up, great, but that was never the expectation.......they all say that if INVESTING is what you are after, just about ANYTHING is a better investment.
I could see silver doubling as it really does have everyday applications and is used in electronics a lot.
I'd be out of cash and into ETF's of the sector you think is going somewhere. I don't see a world without semiconductors.......so I have SOXL, 3x leveraged and got in near the bottom for that very reason.
I was reluctant to buy Bitcoin, until Feb when I saw who was buying and how much. Blackrock, Fidelity, individual countries, etc. don't load up on bitcoin for no reason. I started DCA that and will from here on out.
I could see silver doubling as it really does have everyday applications and is used in electronics a lot.
I'd be out of cash and into ETF's of the sector you think is going somewhere. I don't see a world without semiconductors.......so I have SOXL, 3x leveraged and got in near the bottom for that very reason.
I was reluctant to buy Bitcoin, until Feb when I saw who was buying and how much. Blackrock, Fidelity, individual countries, etc. don't load up on bitcoin for no reason. I started DCA that and will from here on out.
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