Hi, thank you! We will soon be offering also 90% circulated silver (Silvervault: AGD type), and American Silver Eagles. Please reply in this thread if you are interested!
I might be. I don't like to commit unless I'm sure and I'm fluid on a lot of stuff right now. I'll keep an eye on this thread.
Why would I buy a metal that is losing value with BTC that is rapidly gaining value?
It is called diversification, which ultimately derives its importance from the theory of personal non-constant marginal utility of wealth.
It is generally agreed that the likelihood of silver losing more than 50% of its purchasing power in one year, is very small.
It is generally agreed that the likelihood of cash losing more than 50% of its purchasing power in connection with the above, is even smaller.
It can be postulated that if both of the above happen, the likelihood of
anything holding its purchasing power, is small.
Bitcoin can be that anything, and it has done incredibly well, and will continue to do so. However, the likelihood of it losing more than 50% per year is rather large.
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Conclusion: For a person that possesses an average, non-constant, marginal utility of money, it makes sense to construct a portfolio of assets, which offers nonzero, positive future value in as many as possible different scenarios. This may consist of bitcoins, silver, cash and other assets, in proportions deemed satisfactory.
