Pondering prophecy and pictures
So the equities market is wild, it reminds me of something 🤔... Oh yeah, 2001, and 2008.
I mean just look at this chart I drew! Lol!
When the market has these "corrections" and is this volatile, it's a warning sign. Maybe not a STOP sign, but a Yeild sign. Like a good Canadian, I have a registered retirement savings account, and I'm hoping to be able to switch at least a portion into a cash annuity or gold, and out of growth stock mutuals this month, when renewal time comes, unless we have a crash before that! But I predict an actual crash coming in the near future, that's what the market is telling me.
But what can we do to protect ourselves?
Well crypto currencies are a great place to park some of your cash, that's something that I truly believe, in fact I have been putting steem earnings into LTC and EOS, as fast as I can. I keep some BTC and LTC in cold storage, in anticipation of big upward trends to start.
But have you heard the good news? Gold and Silver are practically on sale right now! Especially silver! And you can buy up bullion to store in your safe at home or your safety deposit box.
There's even online retailers that accept crypto as payment now! Even some fellow steemit members own bullion stores and accept steem or sbd!
And you can buy up higher end stuff if that's your fancy. Whatever, there isn't really a wrong answer, we all have personal tastes, preferences and opinions, I personally am a coin collector at heart, but my head tells me to stack silver and gold for the weight, as cheap as possible!
If you don't like bullion there is other options for you as well! These tend to be a bit pricier, but are equally as valid as a diversification asset!
The main point is, if you haven't yet diversified out of your local currency or dollar denominated assets, it's not too late. If you've been worried about the markets and your retirement income (we all do), it's not too late! Consider crypto, and more importantly, consider investing in precious metals.
That's all for me today, my thoughts, my pictures, my prediction.
Cheers everyone!
the watches are splendid
Thanks Philip, one is sterling silver made in 1884 from Birmingham. And one is 14K the last one, without a chain is gold filled.
I want one, but it's too expensive ...
Hopefully metals will breakout soon, once it does i thinks silver will double in price.
I expect silver to more than double in a short time when a run happens.. we'll see, it may still be a ways away! Keep stackin
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