This Amazing Chart Shows Bitcoin Investors Diversifying Into Gold & Silver – Mike Maloney This Amazing Chart Shows Bitcoin Investors Diversifying Into Gold & Silver – Mike Maloney
In the last few months lots of Bitcoin and cryptocurrency has been flowing into gold. Crypto investors realize by and large that the crypto market is extremely volatile, however there is a solid undervalued market floor/bottom for precious metals, thus making gold and silver a great investment forking opportunity for people holding Bitcoin.
I’ve said in previous posts that Bitcoin investors would do well to take some profit and put it in gold. And now we’re seeing just that. With the markets overvalued along with the housing market and recent drops in the bond market, cryptocurrency along with gold and silver are primed to launch.
Best ways to invest in gold and silver
I myself hold cryptocurrency and precious metals because I strongly believe a weak US dollar, stock market highs and a housing market that’s seeing less customers every month going into 2018 creates the perfect environment for the crypto market which has a very low market cap and precious metals which have hovered at their relative lows for several years to explode to the moon.
Most people may not want to hold 10 pounds of silver or gold at their house, and that’s understandable. Still, people with ETFs and IRAs or 401Ks are going to want to consider taking a partial rollover to Gold IRA to receive the tax benefits as well as storage by a custodian until they choose to take delivery of the physical metals themselves.
One thing’s for sure, 2018 is shaping up to be one heck of a year for Bitcoin and Gold, regardless of which one you hold.
Author adminPosted on January 23, 2018February 18, 2018Categories BitCoin, gold newsTags bitcoin to gold investing, bitcoin to gold ira, crypto currency buyers seek safe haven with gold, gold sees inflow from bitcoin investors and traders
Leave a Reply
Your email address will not be published. Required fields are marked *
Comment
Email *
Website
Currently you have JavaScript disabled. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. Click here for instructions on how to enable JavaScript in your browser.
Post navigation
Previous Previous post: Rob Kirby – Bankers Will Send Gold and Silver Prices to the MoonNext Next post: 2018: Things To Come for Stocks, Cryptocurrencies, Gold & Silver – Mike Maloney
Thanks For Visiting Our Site!
Best Place to Buy Gold and Silver Online
Stock Market Bulls or Bears? Who Cares?
Why Own Gold & Silver?
Ron Paul: Gold Bull Market is Here
Search for: Search
End of the Petro Dollar and US Dollar Dominance
Recent Posts
- Wearing a Mask is not Good for You, but they Want You to Do It Anyway
- How to kill vicious biting bed bugs!
- Why You Should Not Get a Gold IRA from Regal Assets: My Review
- Why a Good Night Sleep is Worth its Weight in Gold
- Fed Plans to Pump $1 Trillion into System in 14 Days as 1 CEO Buys $90 Million in Gold & Silver
- Dow Jones Loses 800 Points, Banks Pay You to Get a Loan, US Auto Sales Being Hidden
- Bed Bugs: What Are They, Where They Hide, and How to Get Rid of Them
- The Greatest Depression is Already Here, Says Trends Forecaster Gerald Celente
- Gold Breaks Important $1500 Level, Silver follows as World Central Banks Print More Money
- Dow Jones Drops 767 Points in Worst Day of 2019! – Protect Your 401k/IRA While You Still Can
- How Baby Boomers Are Using CBD to Treat Sleep Disorders
- Snoring and Sleep Apnea: the Silent Killer of American Retirees
The U.S. and Europe have historically manipulated the price of gold through increasing margin requirements and concerted gold lease programs at crucial times to maintain the hegemony of the US dollar and the Euro, but with rising federal deficits in the West we are seeing the dollar exit stage left as the world reserve currency.
We Are in the Biggest Bubble in History
Predictions & Recommendations for Investors
Pages
- About
- After Belgium and Netherlands Recall their Gold, Switzerland Ponders Gold Repatriation
- Blog
- Daily Gold Spot Price and the Historical Price of Gold over Time
- Hartford Gold Group Review
- How a Gold IRA Could Save Your Retirement from the Coming Recession
- How to Rollover Your IRA or 401K
- Review of the JPMorgan SmartRetirement® Income Fund
- Sterling Trust Company
- The Truth About the Federal Reserve: My Personal Review (Audit) of the Fed
- Turning Green Into Gold: Former Fed Chairman Greenspan Makes a Strong Case for Gold in the Near Future