Precious Metals continue to rise in 2018

In a year when crypto currencies are dominating the financial news gold and silver are on a slow and steady rise. Yes, bitcoin is coming back and is currently at $16,311 USD and Ethereum recently broke $1000 and is now sitting pretty at $994.

It might not be as exciting to invest in gold but it still seems like the safer option. We know that the governments and bankers see bitcoin as a huge threat and are doing everything in their power to stop people from making money outside of the system they control. Is it possible for them to pass a law and make bitcoin illegal? Governments around the world are currently creating their own cryptocurrencies and will try to control this market.

https://www.cnbc.com/2017/11/30/cryptocurrency-craze-springboards-government-backed-coin.html

Once they have their own government backed coins will they be able to shut down the competition? Who knows. This is why for every dollar I invest in cryptocurrencies I am also buying gold and silver. We are living in a crazy time with so many uncertainties, but there is one form of currency we can be certain about. Gold has been used as a currency for thousands of years and when everything else comes crashing down gold and silver will still hold their value and will be accepted as currency throughout the world.

Wishing everyone a very prosperous 2018!