Will Silver outperform Bitcoin in 2018 in % terms — not dollar amount
The move in Bitcoin has been extraordinary for the past two years. In order to even attempt to make a guess, allow me to share my assumptions:
- The US Dollar will devalue in 2018-2019. By how much we don’t know. The US Dollar will also be challenged by the Chinese Yuan which will be gold backed for oil —- thus reducing the US Dollar standing in oil trades as we know it.
2.) The Silver/Gold markets have been horrendously manipulated and “kept down” for various reasons....mostly to make the US Dollar look good and appear that “all is well”. Funny, but cryptos will help Silver/Gold be traded/valued by a “real market”. Gold backed crypto’s or tokenized gold will be made available to the public bypassing the Comex for pricing. Today the world keeps gold/Silver down with paper contracts — fiat cash.
So...like a ball being kept under water...when the banker cabal pricing for Precious metals is over/challenged you will see Silver and Gold move.
What is the right value for gold / silver — only the market will tell us.
My hunch is $100 Silver over the course of 18 months is not unrealistic and $50 silver seems doable for 2018. Since Silver is $17/oz today, that would make for about a 300% return.
Will Bitcoin be 300% return for 2018? Or $33,000...possibly
Will Silver be $100/oz in late 2018....meaning a 500% return ....we will see.
This is not investment advice. But if the dollar starts to fall and the bond market is in trouble, we will see moves in these areas that will be on par with 2017.