July 19, 2022 4:55 AM EDT
Are any of my fellow xrp brothers and sisters buying any silver?
I was fortunate enough to discover xrp back in 2014, and was really impressed about its potential and prospects. And still love it going forward.
I have the same feeling about silver's future. It's been manipulated for years, and now there is a good possibility for a huge swing to the upside and the downside is limited IMO.
I am certainly not arguing for selling any xrp (it's my biggest holding by far and I have no other crypto holdings except the spark tokens that we are to receive).
Not giving investment advice here (do your own DD), but not a bad idea IMO to pick up some physical silver to preserve wealth as all governments cannot stop printing money (and they won't stop, and in fact will print - create out of thin air - even more until these fiat currencies are inflated away, and every fiat currency in history has ended up at zero). There will be a silver squeeze in the not too distant future IMO, and I could see prices as high as $250 to $500 an ounce. Take a look at palladium which was has gone up 6x. Buy physical silver, or if an ETF, only buy PSLV (not SLV or the other silver ETFs). Just an idea for diversification, protection and a possible big score.