I am sure that inflation will rise in the coming months. Too much money is injected by central banks and few opportunities to intervene on rates.
Buying tangible assets seems to have become an investor's refrain. Ray Dalio also insists on this aspect.
Youtube Ray Dalio interview on Bloomberg: https://www.youtube.com/watch?v=-wPKUoLjKLo
I thought for a long time about which real asset to address and in the end I chose silver because I prefer it to gold.
Silver has many industrial uses and could be significantly underestimated at the moment.
It is not only a haven asset, it is also a real commodity, but there is more.
Banks will try to keep inflation low without intervening on rates. But banks own gold and not silver, so they can't sell silver.
This is why I chose it to protect myself from inflation.
I would say that technically it is also not bad. It is on nice support that seems very solid.
Buying tangible assets seems to have become an investor's refrain. Ray Dalio also insists on this aspect.
Youtube Ray Dalio interview on Bloomberg: https://www.youtube.com/watch?v=-wPKUoLjKLo
I thought for a long time about which real asset to address and in the end I chose silver because I prefer it to gold.
Silver has many industrial uses and could be significantly underestimated at the moment.
It is not only a haven asset, it is also a real commodity, but there is more.
Banks will try to keep inflation low without intervening on rates. But banks own gold and not silver, so they can't sell silver.
This is why I chose it to protect myself from inflation.
I would say that technically it is also not bad. It is on nice support that seems very solid.
LukkVal