If gold truly ends the fed… that would mean gold and silver and other precious metals will see bitcoin type increases… would be nice if that is the case
Precious metals are money in, and of, themselves. Fiat currency is paper that is "decreed" to have value.
Even if gold and silver were to skyrocket to 60k+ in worthless fiat trash (which technically they should be at, relative to the monetary supply), it wouldn't be worth selling. Real assets for real money, period.
We're going to a better system, at some point in the near future. Just need to hang on in the meantime.
Unfortunately, people have been saying the same for decades. However, the metal exchanges are seeing constant delivery of supply which means they have less and less to manipulate. Yet silver is cheaper than it was a year ago.
If gold truly ends the fed… that would mean gold and silver and other precious metals will see bitcoin type increases… would be nice if that is the case
Precious metals are money in, and of, themselves. Fiat currency is paper that is "decreed" to have value.
Even if gold and silver were to skyrocket to 60k+ in worthless fiat trash (which technically they should be at, relative to the monetary supply), it wouldn't be worth selling. Real assets for real money, period.
We're going to a better system, at some point in the near future. Just need to hang on in the meantime.
What do you think it will pop up to?
Unfortunately, people have been saying the same for decades. However, the metal exchanges are seeing constant delivery of supply which means they have less and less to manipulate. Yet silver is cheaper than it was a year ago.
It might be sub zero before the SHTF…who knows. Once the dollar is dead, it doesn’t matter. silver and Gold will be king.