Another “ breaking” development. In the world’s total market cap, Gold overtook everything on planet earth a few months ago, ( $38 .9 trillion), Nividia was number two....today, Silver launched into the number two position.
.....Nividia now number three, Bitcoin market cap dropping to number 8 slot.
A return to honest money, just as Exter’s pyramid states. Investors will do well to pull up Exter’s inverted pyramid, ALL rests on Gold’s shoulders.
“LAYER ASSET TYPES CHARACTERISTICS
Base (Safest) Gold No counterparty risk, historical store of value
Second Layer Cash and cash equivalents Highly liquid, considered safe
Middle Layer Real estate, equities, corporate bonds Moderate risk, sensitive to economic cycles
Top Layer Derivatives and unsecured debt High risk, volatile, dependent on counterparties