We could see
physical gold and silver prices go Bitcoin.
Not exact matches
«The ability to use small amounts of cash on a monthly basis to buy
physical gold and silver at good
prices —
and have them stored both in Singapore
and New York — is a great capability for someone trying to build up a holding on an incremental basis.»
In fact, the
pricing mechanisms that rule futures contracts, which in turn, establish real - world asset
pricing, can be entirely disconnected from
physical supply
and demand determinants, especially in the paper
gold and paper
silver worlds of London
and New York.
However, the recent 30 % dump in the
price of BTC in just 2 days, after Hong Kong BTC exchange Bitfinex was hacked
and nearly 120,000 BTCs were stolen, deftly illustrates that there is no substitute for
physical gold and physical silver.
-- FOMC minutes show uncertainty
and concern about markets are affecting officials» decision - making — Officials were cautious when evaluating market conditions
and the «damaging effects on the economy» — Worry about «potential buildup of financial imbalances»
and a sharp reversal in asset
prices» — Members seem oblivious to impact of inflation on households
and savings —
Physical gold and silver remain the only assets for real diversification
and safety
Once this trend fully gets under way — sooner than most expect — the
price you're looking at for
physical gold (
and silver with its 90 % directional
gold - correlation
price movement) will quickly recede in the rear - view mirror.
The public IMO sees this coming hence the run on supplies of
physical gold and silver even though exchange
prices fail to reflect this demand.
It is a well - known fact that inflation boosts
physical asset
prices like
gold,
silver, oil
and property.