Guanajuato Silver Company Ltd V.GSVR

Bitcoin Way Up, Gold To Follow? Silver?

[ErinBrockovich]

Bitcoin making big moves over the weekend. Touched on 80 000, now hovering just below that. Many other coins following. Yup, I have some crypto, but much more silver and gold.

Is bitcoin leading or lagging gold this time. Tea leaves make it hard to say. But I think bitcoin is showing gold the way, which is up. Bitcoin is more volatile than gold is all. Gold is conservative. Bitcoin is dangerousness personified. Long term bitcoin and gold are hedges against the USD.

Some say that silver and bitcoin have a higher correlation. In that case one can expect silver to go up over the next couple of days. My own research suggests this is often true.

Fascinating reading.

#silver #gold #crypto

https://www.businesstoday.in/technology/news/story/bitcoin-nears-80000-in-weekend-surge-after-donald-trumps-return-to-the-white-house-453213-2024-11-10

https://money.com/gold-vs-bitcoin/

https://blogs.cfainstitute.org/investor/2022/11/16/how-do-cryptocurrencies-correlate-with-traditional-asset-classes/#:~:text=Silver%20has%20the%20highest%20correlation,correlation%20with%20the%20precious%20metal.

https://cointelegraph.com/news/bitcoin-assets-most-correlated-assets-today

https://nai500.com/blog/coverage/could-silver-surpassed-by-bitcoin-in-market-cap-become-the-catalyst-driving-price-up/

[diggin78]

Gold is still leading, bitcoin will follow over the next couple days, then stock market. Gold is the only one that makes any sense, even though mid-long term it will go up. Gold market is the intelligent one-not crypto. Sorry. Just because Trump claims he loves crypto doesn't mean he will be able to follow through. He's still playing politics. He should focus on the needs of his main

[diggin78]

My predictions are historically mediocre and this one will probably be no exception. I did buy a little Guanajuato today though. I still think it's crazy people are all hot for bitcoin. Where's the money for that "reserve" coming from?