Bailey
👤 SpeakerAppearances Over Time
Podcast Appearances
international incidents and things.
What do you think is going to happen?
If silver starts to get price priced up to a point where people think it's too quote expensive, they're going to go to the next cheapest asset.
That looks like it's got any popularity.
That's going to be copper.
I promise you.
right so the only reason people aren't doing copper now is because silver's cheap a b cryptocurrency had its run it's still in the mix it's still in people's eyes and to a lesser degree people hear scrap metal is the chat which scrap metal is a source but it's not the same
And I'm saying to you as part of a diverse portfolio and hedging against what's happening, you simply cannot go wrong with any of these low priced metals.
This doesn't mean that you should not buy dips if you choose to on gold platinum.
I just said, it feels like they are all grossly overpriced at the moment.
So I can picture a world where silver hits, hits a point.
and gold starts to dwindle because money's moving that way they see they fomo right they see silver starting to hit 100 200 right now they might think that it's all just a fluff and it's not going to go any further but then they see it starting to go run up again and then some of that gold some of that liquidity is going to flow over into silver i can absolutely see that happen again i stressed i bought my little brick of copper i think it's a 10 pounder
And I'm pretty sure I bought it for like 170 bucks and it's currently being sold for $400.
I'm telling everybody who's going to pay attention to me here at CryptoTalk.fm.
This is mine, right?
Others are telling you about Bitcoin.
I'm not suggesting Bitcoin is not a viable asset.
I'm saying that you really in diverse portfolio, precious metals, you cannot go wrong with right now because of what people think is happening, which is a squeeze, certainly a squeeze in silver.
And you have to consider the by-product when there's a squeeze on silver, a squeeze on silver is going to create a rush from other asset classes.
There's going to be people that FOMO in, if it turns out that silver does break,