Hello Everyone! I hope you are having a Fantistic and Blessed day!
If I simply look, I see that I am Blessed in every day! No matter how bad it may seem, There are golden and Silver linings in the clouds!
I see that the stock market is down. The wise person invests in accets as they decline and at their lowest point, whenever possible. Even though I do strongly believe in Crypto as a legitimate form of currency, I still do not want to hold all of my eggs in one basket! I will continue to invest a small percentage of my income in Stocks. The lower the price of the stock, more of it that I can invest in! At the end of this post, I will share a link to an excellent place where you can also invest just a little at a time and come out well, when the stock market eventually recovets, as it always has!
Now lets talk Precious metals! The last time I checked, Gold is knocking on the door of $1400 per ounce. That is up nicely campared to when I started buying in! I expect it to go much, much, higher! But, always remember, you should always do your own research. I, personally like to look at as many real time factors, as possible, that point to increase of price. With the world turmoil, Bullion and Precious metals coins, are now becomming into higher demand. Should one or more situations Blow out of proportion, The increase for demand may well skyrocket!
Silver is above $15.5 and likely to continue to grow in value! This price is higher than the price of last month, but we may never see that low price again in our lifetimes! A Boom in space industry, will make a high demand for silver, and is just entering the beginning phase.
If you are not familuar with numismatics, I would suggest that you not purchase Precious metasl collectable coins unless you know a reputable dealer. The best course would be the purchase of United States bullion coins, or the Country of your choice! If you are holding some BitCoin and itching to convert it to precious metals, JMbullion.com or Apmex.com are reputable dealers who give a discount below credit card or pay pal prices.
The bargain Precious Metal would be Platinum, at this point in time. The price is quite suppressed campared to its potential, if the prices of Gold or Silver are beyond your means. You may pick up some .10oz bullion coins for a little under $100, right now. I wouldn't wait too long as those prices may begin a steady upswing as well.
Now for a situation, that may not be as harmful and may turn to your benefit if you are prepared, that very few people want to hear about! But, based on recent historical fact, this situation has a favorable chance of happening again. Of course I am speaking of a Massive Earth bound Solar flare. It has happended in the past and most likely will happen again. If it is strong enough, almost all power grids will be severly damaged if not completely destroyed! For those holding enough Crypto, that you are taking a profit, I would suggest that you diversify into Precious Metals and some stocks.
To set up a Stock purchasinng account, where you can practically invest as little or as much as you want to, accept my invitation and give Acorns.com a try : https://www.acorns.com/invite/BXT8V9
It has proven itself safe, to me, when I have made 2 withdrawals, both in almost the total value of the account. It takes several days to get your funds, but they do arrive!
I hope this post is of some good for you! At least it will give you something to think about!
Thank you for your time, attention, and interest!
Anthony
