Chukwu - Comments

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Gold Is Garbage
3 years ago

Gold and silver ETFs are manipulated, whereas owning physical gold and silver in my literal possession are what I prefer to keep. While the government prints more money than ever, causing the purchasing power of it to decrease, I stay hedged with my gold and silver. I know that things eventually equilibrate, so the price stays pegged to its worth. Regarding bitcoin, I am not a holder of it. It seems to be its own "people's money", so whether or not it goes up or down is irrelevant. A finite amount of bitcoin with an unlimited and unprecedented amount of government spending means bitcoin will rise until the government stops, which I do not anticipate it doing (at least until the dollar fails).

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