I agree with you, all the speculators are piling into the cryptos right now. I think that when the bubble starts to burst we will see a renewed interest/cash flow in to gold and silver. I think that most people never thought of the US dollar/Euro ect as fiat currencies until now. I think that gold backed cryptos could be a big deal some day. I previously thought that gold at $10k was a little crazy, but seeing how fast bitcoin has jumped I think that could easily happen with gold now - especially if there is a rush out of fiat currencies by some major institutional investors.
These gold and silver miners should be explosive if this happens. So much leverage!
Look at some of these majors getting a big pop today. Hopefully that hot money starts flowing our way, and its not a dead cat bounce!
I think people who have money on the sidelines should think about getting it into the small juniors and exploration stocks that haven't started moving much.
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