**MUST READ** Why is collecting Silver & Gold very important?
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Hey, Hivers out there,
bullion-paradise is back with more Silver & Gold content
Before I start I'd like to say thank you to @vgholdingsllc for mentioning it in his post earlier.
And on today's post, I will be discussing on this important topic which is.
Is collecting Silver & Gold important for the future?
Now before I start let's look at the current price of both Silver & Gold
SOURCE:GOLD.co.uk
SOURCE: Gold.co.uk
Now, let's go throughgh that I why buying Silver & Gold is important.
As this is a really important topic both for me and you all out there who is reading this.
As we all know that we all collect both Silver & Gold as an important hobby and also stacking as well, as we try to hang onto our assets in case we need them for important reasons.
But the question is WHY?
Why do we need this, because do know one thing though that Silver & Gold is precious metal and they indicate the value even up to this day. As we all know that these prices can and always fluctuate between the prices and. not forgetting the ratio as well.
So for example if we all look at one of these charts when Covid-19 was in play.
SOURCE:Gold.co.uk
As you can see from this chart, that the Silver price had dropped towards the low end of just £10.00 which had turned everything into a 'frenzy'. The reason that I had said the term word 'frenzy' is because people like you and me wanted to buy more silver or gold in order to gain more assets and also in the future to sell them to make a profit and that is how the price jumped back up again.
What will the price be for the future?
Now to be fair that a lot of people can make up their own price predictions, as we all know that these are 'NOT' always accurate for the future and these 'SOMETIMES' can always affect the current price which can lead to the power of influence from others.
Is it important to hang on to your assets?
That's up to you to decide as for me I would rather hang on to towards retirement than in a way that I would have enough for the future as we are all heading towards the technology of the future.
So in my recommendation 'BUY & HOLD' onto your physical assets.
DISCLAIMER
Please note that I am not your personal financial advisor as this is for entertainment purposes. Please do your research before buying anything.
Furthermore, If I post anything, there will be a source link for you to check out and to see where it come from.
And lastly, prices can and will always fluctuate with every passing second so please keep an eye on the price as well.
Have a good day you HIVERS keep it cool.
