You are viewing a single comment's thread from:

RE: Gold & Silver - Look at 10yr Historical Charts VS CPI

in #steemsilvergold • 7 years ago

Thanks for the info @goldkey

Since the cryptocoins have become popular, most of the investors of opportunity went to invest in cryptocoins instead of the gold or the silver.

It can be said that the market is depending mainly on the global companies that need this kind of products for the production of their own products ...

7 years ago in #steemsilvergold by
$0.16
  • Past Payouts $0.16
  • - Author $0.12
  • - Curators $0.04
1 vote
Reply 1
Sort:  
  • Trending
    • [-]
     7 years ago (edited)

    Thanks @megusta. You bring up two good points.
    Investors are putting fiat currency into cryptos and not gold/silver. Companies are putting gold/silver into products, using it solely as a physical resource like wood, oil, coal, or iron.
    These two points tell me that investors and companies do not view gold/silver as money.
    I think Gold & Silver are money.

    Thanks for your comments.

    Coin Marketplace

    STEEM 0.18
    TRX 0.16
    JST 0.030
    BTC 68394.30
    ETH 2644.71
    USDT 1.00
    SBD 2.69