Precious Metals are Good for Crypto. Allow mesteemCreated with Sketch.

in #bitcoin7 years ago

If you believe Crypto currencies are not over valued which I believe they are. You must surely believe Precious metals especially Silver Gold Platinum and Palladium are undervalued.

Crypto currency markets will prove beneficial for Commodities in relation to trends to collect and stash coins both physical coins and digital/ cyber coins.

From my humble perspective I see signs that the Mellennial generation are split near 50/50 in regards to Both political ideology's especially in regards to progressive VS Conservative ideology's.

It seems clear to me that the Mellennials are responsible for the driving force behind crypto currencies.

Eventually we will begin to see signs of stability in price valuations for Crypto currencies. Crypto currencies will find their place in the markets and knowing the world's precious metals reserves both private and public must be utilized just as Crypto currencies must be utilized to maintain constant store of value we will hopefully begin to integrate crypto currencies with precious metals. Just as precious metals have backed up fiat currencies for thousands of years we to must practice a relationship with crypto currency & precious metals.

Commodities will play a significant role in maintaining stability in the world markets throughout 2018. India will revitalize the demand for precious metals as the Rupee becomes more and more dependant on governments competitive edge throughout the world. Governments must put up or shut up. Central banks must increase precious metals securities throughout 2018.

★ Going forward be aware that commodity backed wealth has always proved the test of time. Fiat wealth that lacks proper Commodities are forced into devalued territory this will prove true with all crypto currencies.

★ I believe Crypto currencies will face strong headwinds in the near future throughout 2018.

★ Silver bullion, Oil, Palladium and Mineing companies w/ strong financial stability will see substantial gains going forward.

2018 will be the years of financial sector overhaul. We are do for a correction and such correction will bolster Many Natural Resources / Commodities.

★ If you must invest in crypto currency choose between the top ten market cap. Their have become too many crypto currencies too early in the game. The bad crypto will ruin potential for the good crypto as we begin to see even more cyber attacks into the Bitcoin, Etherium Crypto world. I advise against Bitcoin, Bcash, Bgold however we have already reached the Bitcoin summit. As we know the Powerful Centralized banks do not want Bitcoin to remain. Banks want to control the crypto markets and is why they will attempt to attack it throughout 2018 we will see increased movement on the downside for crypto.

That's my 2 cents. For now.

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