Silver and gold had a good day!

in #leofinance2 years ago

It's hard to get excited these days though.
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This has been the craziest market to follow lately, I can't even guess anymore.
I still believe the only good protection from all this turmoil are the precious metals and some crypto. This is the time to stack them both while they have been in a bear market. My advise would be to stay away from silver eagles right now. Have you seen the premiums? Its now like 15 dollars per ounce at most places. I think you can still get bars for (wow) I just checked, it looks like 5 to six dollars over spot. The selection was very thin too! (SD Bullion) I have never seen the silver market so tight. It may be to late to get cheap silver, but gold is still a bargan in my opinion.

Hey, at least with Hive and Leo you can stack them by posting and commenting so you can only lose your time invested. If you like doing it there is no way to lose.
I see how the gaming part of Hive can be the same way, all the tokens from these different games can be traded for almost anything these days with so many pools and bridges. Once again you mostly spend a lot of time playing so you must enjoy the game.

I'm really looking forward to @psyberx, we are getting so close to alfa testing and game launch at the end of the year. If you keep up on the discord channel you get sneak peeks of the game-play. It looks like the game is almost ready and they just need more time to integrate the NFT part.

I'm still playing Splinterlands and renting out some gold cards to stack DEC and SPS. The option to pool them is a big bonus for savers. I think they will do well when the crypto winter is over.

This was going to be a thread on Leo threads, I guess I had more on my mind and it wouldn't fit.

Keep on stacking is how I feel about all of this!
I think things are about to get much worse than people think. Everything may go on fire sale so saving some cash could be a great idea even with high inflation and low rates. Rates are still historically low.

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Hang in ther my freinds and stay the course. do the grind and hope for the best!

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@mariosfame @krunkypuram

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Thank you for reading my blog and have a great day!


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The market is no longer under any fundamentals but manipulation, they're trying to make us panic, and make us give up on precious metals.

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We just have to stay the course, I think the cracks in this system are starting to show.

It's the bear market so it's time to build and I didn't realize the premium for silver was so high over the spot price.

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They are getting out of hand at the moment, the supplies are low right now for in-stock silver.

Meanwhile, dollar had a bad day🤣

Good, it's crushing other countries, and I like to see the metals rise also. lol

I also believe stacking precious metals is a good thing for the future. Looking to have some of them to my name real soon.

Be sure to show them here, I like looking at them!

Keep on stacking as the ounces in your hands are worth way more than electronic digits on the screen.

The physical is crazy with the premiums!

You bet, we got to keep it up!

You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

Thanks, always love you support!

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"Looks loch th' crew is havin' fun belaw decks! Naethin' wrang wi' 'att...lang as yer chores ur dain!" 🤨 -Keptin

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