If Silver really went anywhere near $2k / oz, plan on everyone melting down their tv's and phones and any other gadgets that have silver in them. All these solar panels everywhere.......imagine how much those would be worth melted down.
You'd have to sell phones, tvs, etc for at LEAST the price of the silver contained in them, which would make them insanely expensive. Then people will just go melt them down anyway.
You can't even keep people from stealing copper Tesla charging cables, and copper is cheap AF by comparison.
Just my own thought. Maybe Im way off.
Honestly, though, Im perfectly happy to go back to the stone age with stacks of silver in my cave.
So if all the manipulation were suddenly removed, what would the real price of silver be? Anyone?
IDK. Might ruin technology as we know it.
If Silver really went anywhere near $2k / oz, plan on everyone melting down their tv's and phones and any other gadgets that have silver in them. All these solar panels everywhere.......imagine how much those would be worth melted down.
You'd have to sell phones, tvs, etc for at LEAST the price of the silver contained in them, which would make them insanely expensive. Then people will just go melt them down anyway.
You can't even keep people from stealing copper Tesla charging cables, and copper is cheap AF by comparison.
Just my own thought. Maybe Im way off.
Honestly, though, Im perfectly happy to go back to the stone age with stacks of silver in my cave.
Perhaps it is a good idea.
But if it’s expensive can we go back to the great quality we had in the past where it runs for a long time and can be repaired versus cheaply replaced
There is only one corroraly to expensive leading to quality: .gov monopoly.
The latter is without fail: expensive and lousy. Like Nervous Nancy.