TRADING TIPS

Gold vs SOL

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Hubert Senters here.

I’ve been getting a lot of questions about Gold and what I think about Gold. I don’t trade a lot of Gold lately just because because I think Gold has lost its mind a little bit.

But if you do a survey of anybody younger than 40 most of them are trading cryptos and let me show you.

I’m not saying that there’s not a time and a place of trade Gold and or Silver. As inflation rises it will probably be a decent trade but it’s hard to beat a return on some of these cryptos. Let me show you what I’m talking about.

So this is a coinbase pro account and I’m just going to do a drop down here to the hottest ones lately are SOL. It’s up 21 percent for the day.

And then also ADA. It’s only down 2 percent but if we look at the chart of it it has gone a little vertical from about $1.50 up to almost a little ove $3. And that’s been in a span of about a month.

So it’s doubled basically. And then if you come back and look at the chart of SOL look at that vertical move from $70 to $137 in 8 days.

Now, heads up, cryptos are super sketchy. You’ve got to be careful but too much of your money in there because it can eventually all go and go to zero.

But it’s hard to beat the returns on stuff like that when Gold is. It will reap down and then reap up and it’s not really going anywhere.

It’s almost like nobody believes in Gold and Silver anymore even though it’s a real commodity. The younger generation, younger than me for sure are all in the cryptos and stuff like that and it’s the market I trade it.

If you’re into it it’s a nice little market you just have to be aware of the risks that are associated with the crypto world.

Troy Noonan is doing a special webinar Tuesday, September 7th at 7PM on a hidden market that you may never have traded before. I’m going to HYPERLINK you to the registration page.

Good luck. Hope it helps. See you on the next video.

Hubert.

 

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