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The currency of our world is changing just like everything else. Being so wrapped up in life it’s hard for us to understand these changes as they happen.
Image Credit: mining.com
Bitcoin jumped to again and it looks like that could be in for a rebound, as well.
his is a monumental and, somewhat, terrifying rise in price. It speaks to what is happening in our world of currency. The dollar is not going to be the ultimate way to pay in the near future. The truth is gold and silver could play a huge roll in this as well.
As commodities like oil rise, you will see a rise in metals as well. Are you thinking about alternative currencies in the case of a collapse? Now is the time. While bitcoin has its benefits I cannot help but worry about an EMP and what happens to bitcoin wealth then.
What’s the Economic Deal?
The job numbers are off the charts. People are working but the economic futures and confidence in loans is changing the way people feel about economic conditions around the world. The effects of China and US trade wars have not been fully felt.
That uncertainty doesn’t help things.
The big question is: With the rally in price is now the time to buy gold and silver? Silver is higher than it has been in years. Gold is on the uptick, too!
You have to be honest about your intentions here. Are you buying silver and gold as a hedge against a financial collapse or are you looking to make a profit on gold and silver?
If Americans finally face the power of hyperinflation, everyone without gold and silver will be affected profoundly. That is the gamble of all the preppers and survivalists buying precious metals.