Get Ready
As the different coins of the crypto-community begin to march upward after the bitcoin fork, notice how the precious metals have also begun to rise - When these things are occurring, I like to try to examine & understand as much of the big picture as possible -
Some may argue that the usd is weak, some say the usd is strong, some say the usd will rise & disappear - One thing is for sure, the usd is attached at the hip to oil & oil has been below $50 for some time now - The Hurricane Harvey may have a short term price effect on oil (higher), but the usd has been so heavily diluted by federal reserve digitizing, there may be no way to salvage it or its value -
IMHO, the best actions to take are to diversify your financial portfolio in such a way as to get a good cross section of the crypto-currencies ( i mean like 100-500 usd in as wide of variety as you can track & afford, precious metals (silver being the best overall & get a little 90%/junk silver too), but don't forget to grab some rhodium & platinum), have some actual cash on hand, people will still take cash in an economic "event" over credit
So, with cryptos & metals rising in general, be wary that the usd may change or go away completely, protect yourself, educate yourself, pay attention to the global events & avoid the lame stream media
Congratulations @spartacuse! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of posts published
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @spartacuse! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes received
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP