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RE: The r0ach report vol 1: It's time to back up the truck for silver

in #money8 years ago

Thanks for the article!! Thanks for backing your opinion up with technical analysis! You make some good cases for silver in deflation scenario and BTC in hyperinflation scenario. We will see, what will happen?? Helicopter money or deflationary panic crash, maybe both over a shorter time than we think? I like where you said, "Most of the population doesn't even know what a Bitcoin is, let alone trust it in a panic situation. The metals market would obviously absorb far more money in mass hysteria. " Probably true, but only needs to be a small percentage into BTC to move the ol price needle quite a bit because of the small market cap of BTC. It's been really fascinating watching BTC getting a piece of the safe assets trade pie as of late! Keep posting!

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The inflation vs deflation aspect is the hardest part to tackle. It's worth owning some of both just so you can say, no matter what happens, I have defied the bankers and opted out of their system. Whatever you gain or lose after that point doesn't matter when it's something you know you have to do out of principle. You should probably just make the least risky asset as your base asset so you don't end up living in a cardboard box.

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