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RE: Crypto: Hope for Venezuela?

in #crypto6 years ago

Thank you for (as usual) amazing reply @straighttalk

Why would you consider buying gold? And not focusing only on silver? Isn't silver easier to manage? (hope my question isnt to silly).

investing low cap healthcare stocks

seriously? could you tell me why? I love to hear more! :)

Cheers
Piotr

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Happy New Year @crypto.piotr , Your questions are more than welcome!

Well I would consider buying gold because gold has always & continue to do the real accounting in the economy when ever a flat currency collapse. A case in point would be the 2008 global financial crises. The price of gold jumped from $650 to $1,800 and currently sitting at $1,280.
Silver on the other hand haven't done well looking at historical data but I would still invest in it because she's been suppressed for so long and likely to explode anytime soon.

Why invest low cap healthcare stocks?
Hahaha... Yeah! I knew you were going to ask this one!
I would invest in low cap healthcare stocks because of the going legalization of cannabis across the health sector globally. If a financial crisis (hyperinflation) should occur in the future, this sector will sure do well on all sides of the market from my analysis. (Note: This is not a financial advice.)

Dear @straighttalk

Yeah! I knew you were going to ask this one!

I love your positive energy buddy :)

I'm still not sure how cannabis can have any effect on that sector. Im glad for your explanation but somehow Im not capable of connecting the "dots" :(

Cheers
Piotr