The Silver Lining

in financial •  7 years ago 

You may have heard that 'every cloud has a silver lining'. The coming financial storm is no different.a1drjohnthumb.JPG

Today, the US Dollar is down. Silver and Steem are both up. Litecoin is flat.

To me, I can hear financial thunder rolling as this storm seems to be arriving. This may be when the general public notices the weakness within the dollar and the trillions of government backed debt. Like an individual who constantly rolls debt between credit cards, the current system can't last long.

Look for clues to public opinion over the next week or 10 days. There may be a mad rush to escape the dollar's destructive path.

Every cloud has a silver lining. This is based on sunshine dancing on the edges of a storm. Keep your eyes open.

Here is today's beauty.

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The currency of my country of Ukraine - the hryvnia is very depreciating. This is affected by war, corruption. The population keeps its reserves in US dollars. They believe in the stability of the US dollar. I understand that the US has debts to everyone, and if all creditors tell about their account, nothing good will come of it. But let's hope for the best.

What do you foresee see happening if people start noticing the weakness in the US dollar?

I heard that we have changed our dollar policy from a strong dollar to a stable dollar and as a result the dollar is down about .80 today and gold and silver are up. What this will lead to I can not say but it is a major change in US policy. I have gold, silver and steem.
Have a nice day.

Anytime silver goes up I am happy. Been buying silver for a very long time and my average cost is very low.

In the past I would run ads on craigslist to buy silver. Would pay low enough that I could go to my coin shop and sell most of the coins and keep 10-15% for myself as my profit. This was what I made as a middle man for running around. It was my only way to save at one point as every penny went to bills.

@docotrjohn i just love today beauty