We had a nice little dip yesterday in gold and silver but recovered today
Are these momentary events for us to stack higher before things go parabolic?
Or just another swing in the ups and downs of forever?
Well lets see, what's happening in the world and what can we think will happen in the future?
The most common answer is that eventually, not matter what happens, the fiat printers will continue to print more fiat while the prices of things continue to go up
This should in theory protect your purchasing power stored in gold and silver in the long run
In the case of Hive and LEO when you think about it LEO is like gold but all the gold has been found and mined, no more new gold, and when some gets lost (burnt) its gone forever. On the contrary Hive is like fiat in terms of inflation, sure its not exactly the same but still, more new coins minted out of thin air, maybe that will help LEO as people sell their inflationary coin to buy a deflationary one
In terms of gold and silver I never look at the gold and silver ratio and think to myself I should sell one for the other, I just focus on stacking more of the thing I would buy with the other. If I would have sold the gold for silver Id just buy more silver until that balance shifts the other way.
Posted Using INLEO