Gold and Silver, it looks like we stackers have made a great call!
I'm glad my hedge against inflation is working out the way I thought. At times I even I wondered if investing in the metals was the right thing to do. The cryptos sure had a great run and may recover, I hope they go higher before this bull is over.
I am most excited about silver right now!
I'm beginning to believe this silver shortage is getting real now. Multiple websites that I visit are now confirming this big possibility.
This was from a mainstream media outlet, an interesting video to watch. The cat is getting out of the bag now. I hope a lot of people have some gold and silver stashed away in case the dollar is getting to the end of the road.
https://www.bloomberg.com/news/articles/2021-02-02/u-s-mint-to-continue-silver-coin-allocation-amid-strong-demand
The Reddit-fueled run-up in silver prices might be stalling, but the U.S. Mint said it is still rationing its sales of silver coins because of “continued exceptional market demand,” as well as limited supplies and manufacturing capacity. The Mint is also allocating gold and platinum coin sales to authorized purchasers, it said in a statement Tuesday. The policy will be in place “for the foreseeable future.”
This line was found in a letter to the suppliers from the mint about the new Morgan Peace Dollar.
As the demand for silver remains greater than the supply, the reality is such that not everyone will be able to purchase a coin.
Stories like this are popping up all over the place, I'm not buying at the moment, the premiums are too high for me and I have a pretty full bag now. I will keep adding the silver and gold miners instead of the physical for the foreseeable future. I haven't been spending a lot of time here so I can get back to my offline life, this does take up a lot of time to keep up with everything going on with Leo and Hive.
I'm still here lurking and curating your posts! CHEERS!
Thank you for reading my blog and have a great day!
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