Why I Continue to Invest in Gold & Crypto
On Friday, as gold & silver started to crash, I bought more. I also added more on Monday, and more gold and silver miners. WHY?
Nothing has changed. This is a combination of using my technical (M2) skills, 30 years of investing in metals (on and off), plus the track record of FIAT currencies versus gold and silver.
Gold itself is up 16% since the start of the year, and silver 20% and my miners + an average of 25%, in a month. I showed the historical data in today’s live training session to support my reasoning.
Since 2000, the US Dollar (USD) spending value has almost halved and has devalued by approximately 94.1% against gold and 93.6% against silver. The Euro lost 85% & the GBP 87%
Problems with Friday’s Silver smash
Below are the charts showing you the purchasing power of the dollar over time.
If you want to read the history of gold, below is a very good article. I also recommend watching Mike Maloney’s series on
100 Years of Gold Price History
Although gold dropped around 20% last week , it is already up 12% this week. There are other factors, and also supply and demand, which will cause the price of gold and silver to rise in the coming months and years.
China intending to replace the USD?
Xi is on a mission to make the yuan a strong currency in the future. How? Will he be backing it with GOLD?
China is on a ‘strong currency’ mission to make the yuan a global reserve: Xi
Crypto
Trump is pushing crypto to get the bill through the House by the end of the month. The price of bitcoin is at a bargain right now, anywhere in the current area is around 50 percent to the recent high. While stocks like Mara and coin have the potential to do +100% to all-time highs.
Crypto industry, banks not yet close to stablecoin yield deal at White House meeting
Average cost of MSTR Bitcoin Purchases and holdings below
You can watch the live webinar recording below, click the full screen button at the bottom right of the video:
Zoom Summary
Precious Metals and Forex Insights






