Ending the year on a high note… by silverd510

View this thread on: hive.blog | peakd.com | ecency.com

leofinance · @silverd510 · Dec 31 '21 (edited)

$36.51

Ending the year on a high note…

Afternoon everyone…..

It’s the second consecutive year of turmoil across the globe. With covid strains putting a damper on our everyday lives still. Our fiat buying less and less each day. The economy not showing any true signs of life.

Well gold and silver seem to be making a little bit of an end of year rally. Gold has been up the last two days. Currently gold is up over $11, sitting at $1,825.90. Silver has done the same over the last two days up $.23 for the day, currently sitting at $23.34.

As you can see from this screenshot from Kitco.<br><br>
![B59584F5-FB88-4B75-AFE4-7CC58A9BA069.jpeg](https://images.hive.blog/DQmbBrZByH64ikYBzFmJkDq8WZqu18knQko8Rf27jQCudYo/B59584F5-FB88-4B75-AFE4-7CC58A9BA069.jpeg)<br><br>

While these numbers look pretty good to us as of late. Gold is actually down over 4% this year. The closing gold price for 2020 was$1,893.66. Silver has faired even worse. Last years closing price for silver was $26.30, which is over 11% down from the current price.

With fear of rate hikes and the equity buyback program, these numbers might continue to suffer. Nothing is following a typical historical pattern lately. The norm when interest rates increase gold and silver prices fall. 

Your guess is as good as mine, but I guess we’ll just have to wait and see.

I hope everyone is stays safe celebrating the New Year.🍺

👍 ssg-community, buggedout, steemychicken1, trumpman, brian.rrr, goldkey, thealliance, nateaguila, maxuvd, fambalam, ruth-girl, kerrislravenhill, accelerator, bdmillergallery, amitsharma, silversaver888, steemcryptosicko, oldman28, ironshield, teenagecrypto, daan, welshstacker, pixelfan, princessmewmew, tbnfl4sun, dcityrewards, pladozero, cve3, sbi5, tesaganewton, themothership, a11y, khimgoh, jaraumoses, alliedforces, devann, someguy123, vm2904, inthenow, amico, steemaction, a-bot, silverd510, meanbees, voxmortis, exyle, holoferncro, fatman, gohba.handcrafts, dadview, dlike, caladan, dune69, felander, reazuliqbal, trumpman2, thealliancebank, dabeckster, crescendoofpeace, tubiska, kitty-kitty, carioca, pocoto, dreemsteem, and 62 others

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@fambalam · Dec 31 '21

re-silverd510-ending-the-year-on-a-high-note-20211231t195956793z

This post has received a 100.00% upvote from @fambalam! Join thealliance community to get whitelisted for delegation to this community service.

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@hivebuzz · Jan 1 '22

Congratulations @silverd510! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallmonth.png"></td><td>You have been a buzzy bee and  published a post every day of the month.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@silverd510) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
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@hivebuzz · Jan 1 '22

Congratulations @silverd510! You received a personal badge!

<table><tr><td>https://images.hive.blog/70x70/http://hivebuzz.me/badges/pud.png?202201011722</td><td>You powered-up at least 10 HIVE on Hive Power Up Day!<br>Wait until the end of Power Up Day to find out the size of your Power-Bee.<br>May the Hive Power be with you!
</td></tr></table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@silverd510) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>


###### Support the HiveBuzz project. [Vote](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22199%22%5D&approve=true) for [our proposal](https://peakd.com/me/proposals/199)!

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@silversaver888 · Jan 1 '22

May the New Year bring you happiness, peace, and prosperity. Wishing you a joyous 2022!

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@silverd510 · Jan 1 '22

To you as well Saver.🤩🌹❤️

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@tbnfl4sun · Dec 31 '21

I guess gold at least hung in there, I really thought it would have closed above 2 grand. Oh well, another year of smackdown.  Happy Newyears!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tbnfl4sun/re-silverd510-6ces9i)

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@silverd510 · Dec 31 '21

Considering it almost got done to $1,700 being mid $1,800 isn’t a bad comeback. 🍺

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@teenagecrypto · Dec 31 '21

I actually managed to grow my silver stack way better this year.

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@silverd510 · Dec 31 '21

That’s fantastic. 👍

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