Waivio

Investing Gold?

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ssjsasha5.3 K11 days ago2 min read

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The markets are run by the debt cycle, recently the debt cycle has been pretty lined up with the crypto cycle. Its this famous four year cycle you always hear about

Everything is lining up for the rates to drop in the US to really take things into overdrive.

Many other countries are doing the same thing, not just the US. China for example.

In this type of environment, things will get super crazy. Yes "super crazy" is a macroeconomic term, didn't you know?

Everything is subject to bullish sentiment in this environment. Regardless of whatever extra narrative is added on top, the debt cycle takes it all.

But when EVERYTHING is pumping you can ask yourself "Which one is going to pump harder?"

With this in mind, let's look at ethereum. I can easily see a world where ETH is at $10,000 per token

that is over 3x from here

But gold, gold is $3333 rich now, a legit 3x from here..

(this is where I took a moment to reflect on how ETH used to be 50 cents a few years ago now almost an ounce of Gold)

Do I see Gold going to $10,000 soon... ahhh... sorry fellow stackers... but no

So then, why not swap Gold for ETH?

Gold and silver is money

Investing money into the right crypto can be very lucrative, but getting into the wrong one can ruin the value of your bag big time

The worst thing you can do is invest the entire thing and lose it. That can ruin a person

But when you have gold literally collecting dust, sometimes its best to put that into action.

At the same time, when dips come around, its best to be ready to scoop up a nice amount.

Call me crazy but this is a move I am making, am I buying eth? not exactly. But I will let you know when I buy back the gold and how the move went :)

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