Why People Should Buy Gold, Silver and Digital Currency

in #gold7 years ago

“Never put all your eggs in one basket.” This perhaps is the proverb that is slowly coming to light as time goes by with regard to today’s economy. You could achieve much with a $100 bill in the 1800s but not anymore. The equivalent of this today would be $2000, far from what it was those days and a clear picture of how bad the situation is.

China’s economy on the other hand has grown strong and the fact that this country could finally become the world’s super power is in the offing. However, by June 2015, China’s stock market was already going down and a lot of monies had to be spent to stabilize the situation and a falling stock market has also affected the United States.

Drying reserve currencies which are the basis of international finance is the other challenge that is facing some of these first world countries. For these reasons among others, diversifying into gold, silver and digital currency is almost inevitable now and it will only be wise for one to consider this.

This is where the powerful nations and the world are heading, signifying a return to what was once a form of currency in the olden days and this is in an effort to save the situation as it is today.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 56560.74
ETH 2390.02
USDT 1.00
SBD 2.34