when silver main net comes out u can stake them
Wen target
Robert Wright
Jace Scott
They’re buying because they think the value will go up. Plain and simple. And now they have the power to make this happen on a global scale
If silver hits $100 the total value of their physical holdings will be at least 12 billion and realistically closer to 80-90 billion. If it hits 500 (in proportion to the number of total dollars in circulation) they’ll have about 400 billion in silver holdings
Isaac Hill
don't worry about "when"
just keep stacking until then
global liquidity crisis is coming
other nations will default on their dollar denominated debts which will actually strengthen the dollar at first because it will be in demand
eventually the crisis will catch up to us as other nations look to alternatives
then the us will default and the 5 trillion dollar futures market manipulation will unravel
until then just enjoy the low prices
William Jackson
Yes agreed with this timeline, I think the dollar will also get stronger in the next crisis
The problem is I don’t want to miss out on chainlink gains before it happens. Not sure what division I should make for my portfolio
Xavier Williams
Diversify and buy silver/gold with crypto profits.
Aiden Bennett
at least you are not one of the brainlets talking about the imminent demise of the dollar, every other fiat currency looks way worse right now
eventually yes, but not now there is a global undersupply of dollars if anything
Matthew Rogers
The problem is more complicated than that. Just because the dollar will get stronger next crisis doesn’t mean precious metals will weaken or remain suppressed.
Two things could still happen:
1. Central banks may be forced to actually raise rates during next crisis to combat inflation
2. Independently of the above, gold and silver could still moon. If there’s too much FOMO into the above banks will have to lift their suppression and it’s off to the races
I think that despite the dollar getting stronger next crash, gold and silver will both moon. Gold to 5k at least and silver to 100-200
The euro and yen are going to get raped for sure though
Ryder Richardson
>don't worry about "when"
>just keep stacking until then
>I think the dollar will also get stronger in the next crisis
truth, the dollar is pop like an over inflated balloon
remember when user reminded you?
Easton Brooks
I was the OP of this thread. Doesn’t change the fact that there will be a global dollar shortage next crisis
That being said I do agree extremely strongly with last line he said. It is still within our power to ride their wave and become insanely rich
Robert Wood
because china is hoarding it