SilverCrest Metals: Gold & Silver vs Fiat – We Want Real Money on Our Balance Sheet!
In the world of finance and investment, the debate between gold and silver versus fiat currency has been a long-standing one. Many investors argue that holding physical assets like gold and silver is a better way to protect wealth, rather than relying on fiat currencies that can be easily devalued by inflation and government policies. SilverCrest Metals is a company that aligns itself with this school of thought, opting to hold real money on its balance sheet rather than fiat currency.
There are several reasons why SilverCrest Metals has chosen to prioritize gold and silver on its balance sheet. Firstly, precious metals like gold and silver have historically been seen as a store of value, with their prices tending to hold up well during times of economic uncertainty or market volatility. This makes them a potentially more stable and reliable asset to hold compared to fiat currencies, which can fluctuate in value depending on market conditions.
Furthermore, gold and silver are considered to be tangible assets that have intrinsic value, unlike fiat currencies that are backed by the trust and stability of governments. This means that in the event of a financial crisis or economic collapse, physical assets like gold and silver can provide a form of security and insurance for investors, whereas fiat currencies may not hold the same level of value or reliability.
SilverCrest Metals also recognizes the importance of diversification in a well-rounded investment strategy. By holding a portion of its balance sheet in gold and silver, the company is able to hedge against potential risks and uncertainties in the financial markets. This diversification can help protect the company’s wealth and assets from erosion due to inflation, currency devaluation, or other economic factors that may impact the value of fiat currencies.
Another key advantage of holding gold and silver on the balance sheet is their potential for long-term growth and appreciation. Precious metals like gold and silver have a limited supply and are in high demand for various industrial, jewelry, and investment purposes. As a result, their prices have the potential to increase over time, offering investors the opportunity to benefit from capital appreciation and wealth preservation.
In conclusion, SilverCrest Metals’ decision to prioritize gold and silver on its balance sheet over fiat currency is a strategic move that reflects the company’s commitment to safeguarding its wealth and assets. By holding real money in the form of physical assets like gold and silver, the company is able to benefit from the stability, security, and potential growth that precious metals offer, while also diversifying its investment portfolio to mitigate risks in the financial markets. As the debate between gold and silver versus fiat currency continues, SilverCrest Metals stands firm in its belief that real money belongs on its balance sheet.