Where is The Future Bull Market - Bitcoin or Silver?
(Updated Dec-2018) This post was originally written in Jan-2018. In 12 months — Crypto Market cap has fallen from $800B to $100B, Bitcoin has fallen 84% and Silver has fallen 20%. Those who converted Bitcoin to Silver at 20K are already sitting on a handsome profit of 400%.….and Silver Bull is still at the bottom. This is exactly what I predicted when I wrote this post initially.
Why Silver is far Superior investment than Bitcoin
- Silver is the tiniest markets of all
- Value of All Above ground silver Stocks (1 B oz) is 17B @ $17/oz
- Crypto market at $740 Billion (42 times bigger than Silver).
(Updated Dec-18: Crypto cap fallen from $800B to $100B)
- Gold 7.7 Trillion — 11 times bigger than Crypto
(Updated Dec-18: 77 times bigger now)
- Stock Markets: 73 Trillion (10 times bigger than Gold Market)
Here is visualization
Where is the next Bull?
Should you be buying Bitcoin at $20,000 (with Cartel just in and people buying on credit card) Or Silver at bottom where suppression is nearly complete?
This is Silver monthly candle chart. See the humongous base silver has been building here?
(Updated Dec-2018: The correct answer obviously was “Silver”)
Gold and Silver has been consistently suppressed by Cartel for over 8 years. Bitcoin suppression has just begun, Cartel has just entered the Crypto space. If/When Cartel gets handle of Crypto market the only thing you will see in Crypto is BLOOD.
Will Bitcoin go parabolic with people selling their houses and using all their credit lines at $20,000/Bitcoin OR Will Silver Outperform Bitcoin which is being sold at its production price? (priced at $17 close to its production price of $14)
You can buy 1333 ounces of Silver for the price of 1 Bitcoin. This is a Humongous bargain at the bottom of the mountain. (Updated Dec-2018 — those who converted BTC to Silver at 20K are sitting on a huge profit of 400%)
Here is Bitcoin Chart. See the point CME entered the Market? Its going to be price-suppression in bitcoin going forward. (chart updated Dec-2018)
This is image of how Silver have been suppressed below resistance. Thanks TF Metals for profound research in Metal manipulation (suppression) When Silver frees from the suppression it will have a parabolic run.
Have doubts about Silver Manipulation? Don’t
(Updated Nov-2018) Former JP Morgan trader pleads guilty to manipulating US metals markets for years. Edmonds, a 13-year J.P. Morgan veteran, said that he learned how to manipulate prices from more senior traders and that his supervisors at the firm knew of his actions.
(Updated Dec-2018) JP Morgan faces Class Action lawsuits for Gold, Silver manipulation
This is HUGE positive news for Gold and Silver. At least six lawsuits, all making similar allegations against the nation’s biggest bank, have been filed in the last month in New York federal court. The cases could potentially include thousands of people who trade in the precious metals market. A combined case, seeking class action status, would include anyone who purchased or sold futures contracts or an option on NYMEX platinum or palladium or COMEX silver or gold between at least Jan. 1, 2009, and Dec. 31, 2015.
JPM is building Gold Block-chain
While the traders are manipulating the Gold and silver, JP Morgan is building Ethereum block-chain for Gold bars
Why is JPM Building PM Block-chain?
This is the single most important reason why I buy Silver!!
JPM owns the largest amount of physical silver in the world. Once JPM has enough physical supply, they will rule the metal price through Blockchain. JPM owns 145 Million ounces of Silver. Here is COT report on April-2018
Silver at $14 is selling below production price
Here are Silver production costs (Courtesy SRSrocco Report) for various miners. Silver is the cheapest asset on the earth in my view.
Why I prefer Silver over Gold
Below is 100 years Gold/Silver ratio chart. You can see, at the peak of the PM bull markets 1 oz of Gold buys between 15 to 40 oz of Silver. Currently, you can buy 85 oz of Silver with one oz of Gold. That also means the Silver will have about 3 to 5 times more percentage gains than the Gold. Therefore, I prefer Silver over Gold. My ideal PM portfolio is 35% Gold vs 65% Silver.
In my view, silver the the cheapest asset in the world as of now. Those accumulating silver will be handsomely rewarded in the future. Patience is still the to success.
Warning: It is NOT expected but, in the world of Bankers, it is possible for Silver to make bottom below $10 oz. I will buy more if that happens.
Therefore, I am buying
→Gold Second and,
and I have no doubts about this in my mind.
Here is a valid argument in favor of Gold over Silver
Stay tuned to REALITY channel with my Twitter handle @Super_crypto
Bitcoin, Gold, Cartel & Geopolitics (@Super_Crypto) | Twitter
The latest Tweets from Bitcoin, Gold, Cartel & Geopolitics (@Super_Crypto). I called for 95% Correction when Bitcoin…
Tip Jar — Why not?