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Financial Friday: Speculation vs. Investing
FF: Speculation vs. Investing Gold and silver are hitting all-time highs measured in today's dollars, but if we adjust for inflation, silver is still undervalued. One comment from the president about tariffs was enough to cause price drops in cryptocurrencies, although even after that drop, Bitcoin is still up 20% for the year. There is a big difference between Speculating and Investing. You need to understand the difference and learn how to invest. China and India are out of silver to sell, and if the London silver market freezes, the entire market will see the effects. You need to own…
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