...but first the RECAP!
We have reviewed my 3 own holdings for solid returns, the underlying token/coin looks SOLID, and the returns beat the 💩 out of traditional banks! Here they are in this mini-Recap:
ETH and the recently announced ETH 2.0 reboot, offering staking and annualized returns for HODLING 32.00000000 ETH in 32 coin blocks. Cited to be a 4.0% to 10.0% rate, but it is still in the works. In fact, it is Past Due. If I see another buy opportunity in my others I may sell off the 32 ETH and reallocate to something else. Right now it is sitting there and waiting for the launch.
See it here: @spinvest/in-search-of-stable-returns-part-2XTZ or TEZOS (pet name "tezzies" 😋) XTZ is paying rewards even in a Coinbase wallet, but I am thinking of getting my own wallet and harvesting MOAR!
See it here: @spinvest/in-search-of-stable-returns-part-4COMPOUND (COMP) just launched on Coinbase a month ago, they don't even appear to be tabulating the rewards yet but they always do give it out, and yes, so far, always retroactively. But this one had a huge PUMP after the CB hosting, and a 5x return. So prolly best to get in once the prices settle a bit. It seems to be leveling off now, I've seen consistent prices for a bit in the $160's and $170 ranges. But caution is still advised. It was like $35-ish pre-Coinbase. Still inflated for old HODLers, will they take the bait and sell or stay for the Interest Dividends? What would YOU DO?? Sell at 5x or HODL for a max (so far) 4% annualized return? Most will take the 400% profit as opposed to the 4%, further price drops likely...
See it here: @spinvest/in-search-of-stable-returns-part-5
...my BEST BET RIGHT NOW!!! >
SILVER
RIght now, the Silver Markets are actually experiencing actions that have been predicted for YEARS, ever since I got back in around 2010. The prediction pre-date that also, but it's been a long time coming. Mainly speaking of PHYSICAL FLEEING the CRIMEX (comex) Precious Metals Exchanges. There was a HUGE withdraw recently, and the CRIMEX has stopped the traders from accessing their SILVER. Seems they are running out?
This 4th of July week 2020. We're seeing the largest ongoing COMEX silver stopped contract delivery figures in over four decades of time. We're about to dive into details of that topic and more.
-James Anderson, SD Bullion
So that was 2 weeks ago, and SILVER Prices have risen steadily since then!!! A piece that I bought for $101 this year is now bringing $142 each, a 40.6% Gain! Of course, that is premiums included, but if silver takes off in a moon shot, no one will really care if their premiums were 10% or 30% when the overall spot price gains are 300%, 400%, 500%+!
The GOLD Alone has made a very nice return, my portfolio was so deficient in Gold that I overspent. I started in with Gold in the $1200 range (paid exactly $1200 for a Double Eagle around 5 years ago) BUT, and this is a BIG BUTT!!! lol GOLD is barely $100 under the ATH! So expect 'price actions' to come into play, maybe very soon, as TPTB can't have us seeing GOLD at $2000 U$D Per Troy Ounce! All Time High was $1921 in November of 2011, iirc. SILVER Peaked at $48.48 (actually HIT the "NUMBER" of $50 in the overnight markets, in Asia...) but that was MONTH before, again, from memory, in MAY. THIS TIME, we are seeing the reverse, and it bodes well for the small timers buying Silver! In Fact, the Gold is up a little over 11.1% and the Silver is up 31.5% so I kinda messed up when I bought 40% Silver and 60% Gold in my last PM order 🤬🤬🤬 Oh Well, Live and Learn! BOTH are severely undervalued against U$D issuance/inflation, conservative estimate all for Gold to be at least $3500 right now.
