The real reason prices have been rising lately, and the last two years in general, is because the DS is losing it's traditional revenue streams, so now they're rattling the chains they have in all the assets they have under their control to raise money to stay afloat.
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Sounds (to me) like all of those guys saying "BUY GOLD NOW"...
How do you buy it? With MONEY? If it's so good to buy gold now, why are they so anxious to sell it?
Question everything!!!! (BTW, I do own a small amount of physical metals that is not in a bank lock box...moar like a mason jar in the potatoes)
The people who are actually mining, refining and selling are indeed getting the short end of the stick since the market has not had a working price discovery in more than 100 years.
Using derivatives, like COMEX etc, the government and all the regulatory agencies have been suppressing the metal prices using a million different criminal ways. The economists have been groomed to think this is natural and to come up ways to explain all this. So normal folks who are mining and refining these metals are as much victims of this system as we are.
To see why they are doing it, see my previous comment: https://greatawakening.win/p/142B0zdjsK/x/c/4OUhcqR4dy0 (TL;DR the fiat currency system causes inflation, and suppressing metal prices is the way to hide this inflation).
And to put it correctly, no one is anxious to sell it, they do it because it's been their profession for decades and they have gotten used to living under a non-free market system.
Ask yourself, if Fed printed 30 Trillion dollars in 2008 to bailout big banks, and for the last 2 years have been printing $100 billion dollars every month starting just before the pandemic, and in addition trillions of dollars in budgets last 2 years, why is the inflation only 7.5% ? Why isnt all this money not devaluing the dollar far more drastically?
If you find the answer to the question, you will understand why you need to buy metals, and anything else you believe in, rather than keeping it all in bank.
Excellent reply, thanks.
My question was actually rhetorical rather than information gathering.
My normal metals purchasing habits are approximately 20 oz Silver or a couple of 1/10 oz Gold when it fits by budget. One thing to keep in mind when purchasing metals is the "Spot"...the "broker" makes a % either way (money to gold AND gold to money).
At times of high inflation, almost any physical asset can suffice as a hedge.
Thanks again for your thoughtful reply.