Metals will be where it's at when the price fuckery is finally overcome. There is no way, in a natural market, that silver price goes down when there are shortages and high demand.
As long as I can buy sugar, there is ethanol. Rum. And from there to Gin. The Earth is a big distillery. Just geat a small one. Then you always have something to barter.
Just what is gold worth? Who decides its value? Is it priced according to it's useless application as jewelry? Or is it priced according to its use in electronics? I've never understood why gold is so expensive. I think trade and barter for goods and services would be a far better economic model should the shit hit the fan.
Gold has value because it is long lasting, and there's always someone who will want it. Its like cigarettes in prison. Even if you don't smoke you will trade in cigarettes, because its known that someone, somewhere will ultimately find them valuable. Since gold is beautiful, malleable, and useful, even if not to you but at least to some others, it has value. And that combination of characteristics makes it an ideal currency.
That may be true during an initial event or even for a short while during a turmoil. But the world is going to continue after the event. No more dollar, euro, yuan, ruble, whatever. Now what? People want to get on with life, start trading and getting society back to normal. Even if it is true gold does the opposite of food, which I am not sure is true, it will be a very short time. What will you use when things are starting to settle and go back to normal but NO ONE trusts fiat/government and we can't trade cows for wheat anymore?
You think gold has no place and will be worthless? Besides anyone who stacks gold/silver likely stacks food among other items.
That 5000 year history of gold never going to 0 exists for a reason...
The market is crazy longer than we ever hop to contemplate. Especially with interested parties manipulating everything, hiding behind several fronts as a cover for not wanting to show their hand .... or maybe I should say: their machine's hand.
The stock market is a racket designed so that random people willingly give their money to financial firms in the hope of making money. More like designed to redistribute money for laundering.
You know the left will blame Trump. They can come up with any stupid excuse for why the market is crashing and the left will believe it. They're dangerously stupid.
Got precious metals?
Metals will be where it's at when the price fuckery is finally overcome. There is no way, in a natural market, that silver price goes down when there are shortages and high demand.
When food prices are high, gold is worthless.
Don't kid yourself. Gold is never worthless.
I've been in war zones where people traded gold bars for bread.
Gold is literally useless when food is expensive. Stockpile food, ammo and liquor.
As long as I can buy sugar, there is ethanol. Rum. And from there to Gin. The Earth is a big distillery. Just geat a small one. Then you always have something to barter.
Would love to learn diy liquor even if only for barter
Fantasy land.🙄
Just what is gold worth? Who decides its value? Is it priced according to it's useless application as jewelry? Or is it priced according to its use in electronics? I've never understood why gold is so expensive. I think trade and barter for goods and services would be a far better economic model should the shit hit the fan.
Oil will decide the value when Putin only accepts Gold and the Russian Ruble for oil
I agree. I've never understood what makes a metal more valuable than another besides it malleability.
You are wondering about the difference between money and currency.
Gold is money. Everything else is currency.
https://www.youtube.com/watch?v=DyV0OfU3-FU
Its used in electronics and other shtuff
At least copper has value as piping/tubing.
Gold has value because it is long lasting, and there's always someone who will want it. Its like cigarettes in prison. Even if you don't smoke you will trade in cigarettes, because its known that someone, somewhere will ultimately find them valuable. Since gold is beautiful, malleable, and useful, even if not to you but at least to some others, it has value. And that combination of characteristics makes it an ideal currency.
Never in 5000 years has gold been worthless.
Gold is goes in opposite direction of food prices.
How are food prices going?
That may be true during an initial event or even for a short while during a turmoil. But the world is going to continue after the event. No more dollar, euro, yuan, ruble, whatever. Now what? People want to get on with life, start trading and getting society back to normal. Even if it is true gold does the opposite of food, which I am not sure is true, it will be a very short time. What will you use when things are starting to settle and go back to normal but NO ONE trusts fiat/government and we can't trade cows for wheat anymore?
You think gold has no place and will be worthless? Besides anyone who stacks gold/silver likely stacks food among other items.
That 5000 year history of gold never going to 0 exists for a reason...
The market is crazy longer than we ever hop to contemplate. Especially with interested parties manipulating everything, hiding behind several fronts as a cover for not wanting to show their hand .... or maybe I should say: their machine's hand.
cozy af
Got GME?
Unfortunately not.
U can buy some !
Never enough...
Commodities in general
Every Babylonian system must be destroyed
So shall it be.
$GME
stock market crashing to push the price of gme down. It will skyrocket soon.
This is the way.
I agree
January call options on $bbby
🦍🚀
I'm literally in the weeds of opening a business and my projected costs are rising daily getting pretty close to the point of no more viability
Incoming economic storm along with stock market crash.
DJT would not throw around that phrase casually...
He also said it was “ overvalued” ... I think that was and is especially true.
The stock market is a racket designed so that random people willingly give their money to financial firms in the hope of making money. More like designed to redistribute money for laundering.
You know the left will blame Trump. They can come up with any stupid excuse for why the market is crashing and the left will believe it. They're dangerously stupid.
It's all under "Biden's" watch kek
crashing because things are returning to realistic valuations (Which are lower than when DJT got on AF1 on January 20, 2020.
Tha ants go marching, one by one…