It has been one interesting week in the world of finance. For all of us into cryptocurrency it certainly hasn't treated us very kindly. But as all of us know who have invested in crypto for years, there are ups and downs. Hopefully, this down doesn't go too much farther. However, for those of us who also enjoy investing in gold and silver, it has been a stellar week indeed!
Today instead of using a custom banner that I generate with AI, I decided to go with an awesome coin I found for sale over on APMEX.com. I am posting in the Italian community today so this is a perfect fit. It's an Italian Gold Ducato from between 1539-1545 and produced in Venice. Talk about cool!
From APMEX.com
This is a graded coin at MS-64 by NGC, for those unfamiliar with coin grading that means a coin in mint state that grades 64 out of 70 total points. NGC is the Numismatic Guaranty Company and is one of the major coin grading services available. Only two coins have been graded at this level by NGC so it's a very rare one, but it's expensive at $2,529 for only 0.111 Troy ounces of gold. It would be owning a piece history at almost 500 years old!
Outside my current budget sadly! Gold has been on serious tear and is currently at $3, 758 per Troy ounce. Just look at the chart over the last year alone!
Business Insider
The precious metals are a very hot market as they are viewed as stable assets in a tumultuous world. China and Russia have been both buying up gold and silver much more than normal and fears of World War 3 are brewing in Europe. Things will likely continue upward very quickly and is a great investment, in my non-professional opinion of course.
I have invested in precious metals since I was young and continue to purchase them when I'm able. Something I've passed down to my son as well, it's a great way to build personal and family wealth over generations!
Now for some Hive goals, I'll skip the overall crypto markets since they kind of suck...
Hive Power
My primary goal of the year was to reach 10,000 HP which I already surpassed and currently have 11,129 HP. That up 151 HP on the week and headed towards 13K as the new goal! Now for some math, there are 14 weeks left in the year and I need to increase my HP by 1,871. That brings me to 133 Hive weekly, so I have to be very consistent with my posting and with any luck have a few posts that end up paying well. But I think it's achievable!
HP 11,129 (85.6% complete)
New Goal: 13,000 HP
My Hive second level tokens goals have been trimmed back quite a bit this past few months... There are some I'm still investing in, but I have slowed down my overall investment somewhat for the time being. Here are some that I am still stacking though!
PIMP
My secondary goal of the year was to reach 50,000 PIMP, which I did some time ago. I'm earning from liquidity pools and from staked tokens. Additionally it does pay out liquid Hive dividends daily once you have enough staked. It's a great project!
PIMP: 60,757 (122% complete)
Goal: 50,000
This is the only token on Hive that is backed by physical silver bars and BTC, so it will always have value.
LEO
Those who have followed me for awhile know I liquidating my LEO stake for some badly needed cash to help cover some out of pocket medical expenses. LEO has been doing very well and is around $0.12, down from $0.25 earlier this year but still pretty good. I'm delegating some HP to earn more LEO daily, and considering my future moves still. No hard decision made quite yet!
PIZZA
I reached my goal on this token but I am working towards getting up to 10K tokens next. Prices are up at the moment so I may wait until they cool off to purchase more. It offers a great APR which I do enjoy!
PIZZA: 1,649 (109% complete)
Goal: 1,500
DUO
Coming up on a year ago now, I started a token project with @bulliontools and @bitcoinman called DUO token. If you stake 200 DUO you receive daily Hive dividends and a curation on your quality posts once a day. For those who stake 500 or more you are able to tip someone else's post with some DUO, in return you receive the same amount of the tip in your account as well. The more DUO you stake, the higher your daily dividends.
I met my goal here but still buying to add to my stack.
My current holdings: 2,762 (138.2% complete)
Goal: 2,000
We've added a new exciting feature to DUO, at the request of token holders we have added some token burning. All DUO tips to the @duo-curator account are periodically unstaked and sent to the null account. We are offering a new DUO burn lottery as well, you can win some DUO and 60% of DUO received is burned. You can see more details here.
If you haven't started to invest in DUO, you can use these links to get started:
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
That will wrap up this weeks #saturdaysavers post and my review of my weekly progress. I'm not doing too badly, but there is always room for improvement. Please feel free to leave any comments or questions below, I always appreciate engagement! Thank you everyone for all of your support and friendship, it means a lot to me. Have a great weekend everyone!
References:
https://markets.businessinsider.com/commodities/gold-price
https://www.apmex.com/product/319919/1539-45-italy-gold-ducato-ms-64-ngc-venice
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers
I'm a proud member of The Alliance Family!
The HOC focuses on onboarding and supporting new Hive members, hit us up on Discord
Want to earn some free HSBI? Stake CCD tokens and you can, I claim two a week from my CCD stake! Check out the details by clicking on the banner below.
You're within 1,200 HP from the 13,000 goal.
I need about 1,500 more HP to break the 30,000 HP milestone, I will try to pick up on my posting more if I can.
!PIMP
!HUG
!LADY !PIZZA !BBH !ALIVE
Wow, 30K will feel awesome when you get there! I'm hoping to make it to 13K, but rewards are down a bit that might slow me down some. We'll see... How have you been feeling?
!PIMP
!LADY
!HUG
A chunk of my 28.5k HP was a swap of Dogecoin for Hive granted to me by the Crypto gods.
Not much change. I can only be up and about for a limited amount of time before feeling not well forcing me to take a rest. It slows me down. It's taking me longer time to read, reply, curate on Hive. Have to keep typing or I lose it.
!PIMP
!LUV
You are flying, I see a 18 day consecutive posting streak, keep that up and you will rock those HP goals!
Precious metals have done well, and overall crypto has still done well this year. It is Rektember after all so no worries about this bloodbath we are seeing this week.
Thanks! We always have some ups and downs don't we? I'm not overly worried unless BTC drops to $70K, then I might! lol
Precious metals are looking like a great place to invest for the foreseeable future as well. Hopefully things in the world will turn around and start to settle down, but they rarely do. Human nature can be so innately greedy and violent in some cases, you've seen it just as well as have I over the years. I still remember after a hurricane in the Caribbean a guy got shot over a bag of ice because there was no power. Talk about insanity!
hehe that would be a great time to pick some more up!
Greed and power hungry politicians are our downfall. Unfortunately the aftereffects of disasters can really bring out the worst in some people.
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I think we'll see bitcoin rise soon. With all the troubles happening, it's think we could see gold explode as well.
Good job with the hive goal!
I'm hoping we'll see BTC recover shortly because it is dragging Hive down significantly... Gold and silver are both set to keep on rising, the question is until when? We'll all find out eventually, but I'm enjoying the ride for the time being!
A very good week for silver and gold, let’s see if this holds going into the next week!👍😊
Precious medals are an awesome way to build generational wealth, my friend!☺️
It will be interesting to see what bitcoin does this upcoming week!😇
It should be very interesting! Hopefully we will see some returns to higher levels, Hive is dragging behind already and I would hate to see it go much lower. Gold and silver are a lot of fun right now! Right now one gram of silver is worth $1.48, isn't that insane? Soon all we'll be able to afford are one gram silver bars! lol
I saw Hive down to $.17 this morning….. kind of surprised to me!😮
Let’s all hope that October drags Bitcoin and everything else up!😇
Excellent friend, I'm very happy you've achieved your goals. That coin is great. I need to research more about coins and how to obtain them. Maybe I'll get into that at some point.
I'll look into the DUO token. That burning sounds interesting. Best of luck.
!LADY
!HUG
View or trade
LOH
tokens.@cositav, you successfully shared 0.1000 LOH with @thebighigg and you earned 0.1000 LOH as tips. (2/6 calls)
Use !LADY command to share LOH! More details available in this post.
Thank you so much! The best way in Venezuela might be the silver coins they used to produce there, although they might be expensive with the inflation going on there. I wish I could afford that cool coin from Venice, Italy, but it's outside of my budget...
!BBH
!LADY
!PIZZA
Felicidades por tus progresos
The coins you describe are interesting. I think I told you I have several. I'll try to post about them.
Saludos
¡Muchas gracias! Ojala que pudiera comprar esta moneda, pero es muy caro al momento. Pero si es 500 anos viejito.
!BBH
!PIZZA
!LADY
Thank you so much, it's greatly appreciated!
!BBH
!PIZZA
You are really going really strong. I am down with fatigue due to quite a number of side work that is piling up. Keep growing!
It's tough to keep real active on Hive when you're busy in the real world, but surviving the real world come first! Just don't over stress and fatigue yourself. Thanks for the encouragement!
!BBH
!PIZZA
You received an upvote of 96% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!
Thank you @ssg-community !
Excellent growth!
Congratulations!
Keep at it, you can do it!
Thanks my friend! I'm doing my best, just need to keep finding ideas for good posts!
!BBH
!PIZZA
Ideas are all around you! You just have to stop and calmly contemplate everything around you!
Big hugs!
!LADY !PIZZA !ALIVE !BBH
It’s good to have Hive goals!!!
(0:50) Just replace Life with Hive! ⬇️
View or trade
LOH
tokens.@geneeverett, you successfully shared 0.1000 LOH with @thebighigg and you earned 0.1000 LOH as tips. (3/9 calls)
Use !LADY command to share LOH! More details available in this post.
Some nice MxPx, sweet!
!BBH
!PIZZA
!LADY
!UNI
View or trade
LOH
tokens.@thebighigg, you successfully shared 0.1000 LOH with @geneeverett and you earned 0.1000 LOH as tips. (3/11 calls)
Use !LADY command to share LOH! More details available in this post.
$PIZZA slices delivered:
thebighigg tipped vaynard86
thebighigg tipped seckorama
geneeverett tipped kerrislravenhill
thebighigg tipped yusmelys
@thebighigg(9/15) tipped @geneeverett
thebighigg tipped roswelborges
geneeverett tipped thebighigg
thebighigg tipped cositav
Come get MOONed!
[@PowerPaul:]
Hey! Because of your participation in the @CryptoCompany community and your participation in the "Banner for Boost" campaign you received a vote from your CryptoCompany and its trail! Thank you & Hive a great day!
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by @cryptocompany
by @powerpaul