Going Back to Basics: #Silver. Going Back to Basics: Silver | BudgetPulse Blog | Personal Finance Tips and News. Posted by : Premraj | Posted on : Monday, May 14, 2018 In the modern era, we have so many forms of digital currency. We rely more on technology than anything else and the trend with finance is that the more ways that we find that are convenient for us, the risk of security increases.
While we no longer have to carry wads of cash around, we are now at risk of getting hacked and potentially losing most or all of our money, as is the case with banks. Cryptocurrency has recently been on the rise in terms of popularity and while the potential gains could net you a hundredfold, the losses that you could potentially incur have the same trend. Cryptocurrency is just so volatile. Just look at the recent BitConnect debacle.
Stock market investing and the Foreign Exchange are both of the same volatile nature but to a much more reasonable degree. Case in point, if there’s one thing that’s true is that technology is not the ultimate solution to our problems. So, why should you buy silver? Is #Silver #Investing (or Speculating) a Good Idea Right Now? Is Silver Investing (or Speculating) a Good Idea Right Now? – Vintage Value Investing. “Strong Dollar”, “Weak Dollar” – What About a #GoldBacked #Dollar? “Strong Dollar”, “Weak Dollar” – What About a Gold-Backed Dollar? Contradictory Palaver The recent hullabaloo among President Trump’s top monetary officials about the Administration’s “dollar policy” is just the start of what will likely be the first of many contradictory pronouncements and reversals which will take place in the coming months and years as the world’s reserve currency continues to be compromised.
So far, the Greenback has had its worst start since 1987, the year of a major stock market reset. A modern-day reenactment of the famous “our currency, your problem” play that went over so extremely well in the 1970s… [PT] The brief firestorm was set off by Treasury Secretary Steven Mnuchin who said in response to the dollar’s recent slide: “Obviously, a weaker dollar is good for us, it’s good because it has to do with trade and opportunities.”* Mnuchin backtracked a bit as international financial leaders criticized the apparent shift in policy while Administration officials sought to clarify the Secretary’s remarks. How to Create a MAGA Dollar.