Yeah that’s why I pointed out that possibility in my first post dude
Precious Metals
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Of course it does. It may be small or incremental, but it's has the stock to flow of a historical commodity. In other words, over time, since its supply increases, it is worth less compared to a given standard that doesn't change (much).
Yes gold supply rises on average by about 1 - 2% per annum but the worlds population so far at least continues to grow as does total production/gdp over time therefore 2% increase in supply doesn’t correlate to 2% loss in purchasing power. I think you are oversimplifying the situation
That's why I compared it to a given standard. What's more, now that BTC is on the scene, of course it is worth much less. While it may go up in this instability period, it is going up less than it would have, and that will only also increase with time. Diminishing returns kind of thing
These pictures make me happy in the face area
Central banks buying gold means that we are in times of major confidence loss. You'll do well with it, just be careful with "miners".
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It also could mean the majority of the countries of the world will all soon jointly agree to re-value all gold in the world to a much higher rate to pay off all their debts and/or increase their nation's overall wealth.
Yes it could, they are both happening, as it turns out. The confidence loss is in the deepest, most liquid "asset", which is strategic as well, the US Treasury market.
Silver still hovering around $30+ an ounce and becoming even further detached from gold. I traded alot of my silver in awhile back but will probably grab a few 10oz bars here soon. I think precious metals will dip early in Trump II due to other investments being attractive like energy and crypto. I've grabbed shares of Exxon/Mobil over the last 2 weeks and been glad I did. Picking up some bulk pre-1965 "junk" silver coins wouldn't be a bad idea either if it dips.
One more thing.., in 1964 a loaf of bread was about 20 cents or two silver dimes. In my area in 2025 a loaf of bread is about $4, or roughly two 1964 silver dimes. interesting...
One more thing.., in 1964 a loaf of bread was about 20 cents or two silver dimes. In my area in 2025 a loaf of bread is about $4, or roughly two 1964 silver dimes. interesting...
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It’s works out about the same for a gallon of gas. That’s why owning metals Is such a good idea, to conserve your money. Important to remember that they aren’t going up in value it’s just the dollar is dropping so fast.
Exactly... physical possession of silver and gold are solid, low risk investments.
The dollar is dropping but if you're doing the right thing business/work wise you are being paid more of them.
In 1995 bread was $2 a loaf and I was making $15 an hour, bread is now $4 a loaf and I'm making $50 an hour (for easier more fulfilling work), so for me bread is cheaper in 2025 than it was in 1995.