While attention is focused on "The Balloon" Gold is down $49.98 and Silver is down $1.11 an ounce. Where is this coming from?
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One must keep in mind that the exchange of PMs for any form of "currency" is based on the imaginary value of that currency against the actual value of that commodity. It matters little whether that "currency" is paper or digital. Real value is only relative to how much the buyer and seller agree upon at the moment of exchange. These values change upon real world conditions largely based on the usefulness of that commodity for survival in an ever changing world. Air, water and food are the fundamentals that drive life... everything else is meaningless when ones life comes to its inevitable ending. Unless one believes that this existence comes down to a game where there is a winner and billions of losers.
I don't, some do.