It appears that the enlightened investor is now more likely to use Bitcoin to diversify their portfolio rather than physical precious metals held in their possession. Recent price performance and sentiment have all but wiped precious metals off the map.
Being “Cyprussed” is probably on the table if the U.S. dollar eventually collapses. So what is left for the reasonable person who has worked hard and saved a few pennies? Not much, but silver is certainly high on the list as hedge against such a scenario.
The long-term “irreversible” trends continue to develop. Many of the trends, such as debt creation and the movement away from the U.S. dollar, are accelerating and their consequences are appearing globally.